Top 10 Accounting Software for Small Business
One of the most crucial factors that have to be taken care of while running a business is to check and track the finances. Current accounting software for small business does more than keeping the books and records of transactions. Other than tracking the financial information they can show taxes, create invoice, track sales and many other functions.
Points to ponder before affording Accounting Software for Small Business
Before indulging in buying software you need to do a small homework and identify the specific needs which software can fulfill. The needs are:
Processing payments
It will be fabulous if you can get an added platform with the small business accounting software where you can do online transactions like receive payments from debit or credit cards and other mobile devices.
Payroll manager
Check if the accounting software for your small business has a section where you can manage the payroll, hours worked or employee profiles. For payroll maintenance you have to shed some extra money.
Tracking business expenses
Normal business expenses can be tracked via online small business accounting software.
Managing inventories
It can be an added advantage when the software can help to manage and maintain inventories.
List of top 10 accounting software
FreshBooks
The best and simplest accounting software for small business is FreshBook as it supports service oriented features other than invoicing, expense and time tracking. The interface is very user friendly and compatible with various applications in the business. The customer support cell is very efficient too.
Sage
Sage has a very popular version for the small businesses. The software is very convenient to use and suits best to the growing companies. The software company has more than 30 years of experience and operates in more than 24 countries.
QuickBooks
One of the most reputed names in the software solution is Intuit and their product QuickBooks is used by more than 300,000 accounting personnel. It works aptly with all kinds of business models of a small venture.
AccountEdge Pro
Other than accounting, this accounting software features payroll services like paying the salaries, tracking time and prepare taxes for payroll. It also has an eminent inventory management platform. It supports Windows, Mac, mobile applications and cloud computing.
FreeAgent
FreeAgent provides unlimited users, invoices, expenses, clients and other related functions in a limited and cost effective monthly package. It suits best for consultants, small business and freelancers.
FreshBooks
This is an accounting application for the small business owners in iOS and Android. This cloud based accounting software offer a diverse range of accounting applications that aids a business owner.
Hiveage
Hiveage accounting software for small business is a smart one which allows you to pick which feature you want for your small venture. You will cook your plan and pay as per your choices. The free version offers unlimited invoices and clients and every add-on feature charges from $1.95 – $ 4.95.
Intacct
For a growing small business, Intacct is the best cloud based software solution in the accounting section as it allows the user to make reports of various financial factors to evaluate the business like profit margin, income, loss, revenue, etc.
Harvest
Harvest small business accounting software has an easy user interface to bill the clients in time and produce invoices from billable hours. It also has inbuilt features like logging expense, storing receipts, report generation and the capability to connect with Salesforce, Google Apps, Basecamp and many more business applications.
Kashoo
This online accounting software for your business efficiently handles invoice formation, track expenses and manages bookkeeping (double entry) via your computer or any smart devices. It also allows you to share information with your employees, business partners and investors.
