Let’s face it, running a small business can be hard. You’ve got to worry yourself over growing the business, meeting goals/quotas, managing your team and on top of that, come tax season, you’ve got to ensure all your books are in order.
While running a business, managing your numbers is conducive to success. Fortunately we live in 2018, soon to be 2018, so there are simple solutions available. Gone are the days where everything had to be tracked and recorded on paper. Now, reliable accounting software allows you to efficiently log expenses and revenues, so you never lose track of your company’s financial performance. In this blog, we will be listing the best accounting software that will tremendously reduce the stress of managing your numbers.
Quickbooks by Intuit is a personal favorite, ask anyone on the street what their company uses and you’ll see many cite Quickbooks. The software allows you to “organize your books, manage expenses, send invoices, track inventory, and even run payroll.” The application is easy to use and allows you to store financial information from multiple years. Through its efficient design, you will be able to swiftly skim through your company’s numbers, employees, and taxes. Quickbooks is available for Mac, IOS, Android, and Windows.
FreshBooks is a cloud-based accounting software that enables expense tracking, invoicing, time tracking, and much more. The software is user-friendly and allows you to access your information via mobile. Most importantly, FreshBooks integrates industry applications such as Shopify and G suite into their software making it easier for existing business owners to document their financial information. Sign up today for a 30-day free trial; FreshBooks is available on Mac, PC, Android, and IOS.
3. Scale Factor
Scale Factor is a popular accounting software that automates complex bookkeeping tasks. Their AI technology categorizes and processes your financial information in real time. Scale Factor also integrates with existing business software like Quickbooks making it easier to document financial information. This software starts at $299 per month. ScaleFactor is available on PC and Mac.
4. SAP Business One
SAP is a company with a great reputation for providing customized business software. SAP Business One is designed to serve small and mid-sized businesses. The application utilizes ERP (Enterprise resource planning) which allows you to automate the majority of office functions. The software is user-friendly and allows applications for general ledgers, journal entries, project costing, and many other functions. The software is an all in one and only requires one installation. Receive a quote for the product on their website. SAP Business One is available on Windows and IOS.
Quicken allows you to track your spending and find what’s left after bills are paid. The software also allows you to track investments, view bills, plan for retirement, and manage a small business. Managing your personal and small business finances will not be an issue with Quicken. The software starts at $34.99 for one year and is available for PC and IOS.
Keep track of your business’s health with this easy to use software. Wave allows you to easily see the bigger picture of your business trends, allowing you to make quick and calculated decisions. Taxes will no longer be a pain as the software neatly organizes income, expenses, payments, and invoices. The software also allows you to invite business associates, assistants, and professionals to collaborate on your business. Try Wave for free, the software is available on PC and IOS.
6. Free Agent
Free agent is an easy to use cloud accounting software made specifically for small businesses. The software allows you to set up recurring invoices that automatically send themselves to clients with late payments. Take photos of receipts with your phone, allowing you to never forget to record expenses. You can also connect your online bank account and automatically import transactions. Sign up for Free agent’s 30-day free trial, the software is available on PC, IOS, iPhone, and Android.
Sage offers users a variety of applications like invoices, payments, expense tracking, automated routine tasks, mobile versatility, and automatic tax calculations. Utilize sage’s cloud-based application to wirelessly manage new users and accounts. The software is designed for small businesses and is used by businesses all over the world. Sage starting price is $10 per month and is available on PC, Mac, iPhone, and Android.
8. Zoho Books
Zoho is a online accounting software that manages your taxes, finances, and automates business workflows. The software is easy to use and scales with your business. Work jointly with customers through their Client Portal. The software keeps your accounting information secure so you won’t have to worry about leaks or stolen theft. Zoho allows for customization allowing you to modify the software for your personal convenience. The software also allows you to integrate with other applications such as G suite, Office 365, and much more. Zoho starting price is $9 per month and is available via the web.
There you have it. Make it a new year’s resolution to stay organized and on task with your business, fortunately you can do it in a few button clicks. Are we missing any platforms? Comment with your favorite!