For entrepreneurs running home businesses, managing financial matters using personal finance software can be very helpful. Here are three of them:

Microsoft Money 2007 for Home and Business. Users say that this software makes financial management faster and because of its accurate tools for overseeing business taxes, tracking business inventories and creating payrolls online. Microsoft Money 2007 for Home and Business has a new feature, where one can customize invoices and make tracking easier.

Intuit Quicken Home and Business 2007. The main feature of this software is the ability to manage both business and personal expenses to maximize tax deductions. Tasks like paying bills, writing invoices and tracking collectibles are easily done with the use of Quicken 2007. It also allows business-reporting simple by the easy creation of visual presentations in the form of graphs. These can be easily printed or saved into a portable document file (PDF).

Moneydance. This software is a lesser-known software but is fast gaining popularity among home business owners. It has a check book interface and its powerful features include online banking and bills payment, debt management, portfolio tracking, easy business reports generation and allows for importation of data into Quicken or Microsoft Money.

Know which of them will meet your financial management needs the most.