Update: QuickBooks Online version addressed all of my concerns and is less expensive than any other option. I consider the issue resolved.
I suffered a calamity with my local accounting software last month which led me to consider options to QuickBooks. QuickBooks is such a dominant software in the small business market that in the past I wouldn’t have considered anything else. Now Windows Office Accounting is getting favorable reviews and MS is now promoting independent professional support. My first impressions are that MS Accounting has the edge over QB in terms of features, price, integration and stability. It would be an easy choice if starting a new business. But I am still not convinced that I want to learn a new software system or invest the ramp up time to convert from the old system.