Microsoft, believe it or not, have created a free one:
http://office.microsoft.com/en-us/of...036301033.aspx
It's had great reviews in the magazines.
I have installed it, but haven't had a chance to look at it yet. Its quite a big package, as it installs a copy of SQL server to run the database on.
Should do everything you want, it may be overkill though, as its quite complex.
As it's free though, you could give it a try. If you have experience with previous accounting software it will help you.
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