Software

Best Accounting Software

Owning your own business requires a lot of organization. Even if you run a small shop, or just work on your own, there are many aspects involved in the daily operations of your business. Accounting is one of the most important areas for any company and it is also crucial for freelancers. Keeping track of your expenses may seem like a challenge and while in some cases you can leave everything in the hands of an experienced accountant, this is not always an option. If you have a small business or work independently, you may look for an alternative that is more affordable. Thanks to apps that are specially designed for this purpose, it is possible to look after your own accounting. Many of the accounting apps that are currently available, are based on the cloud. This allows you to work from any location, overcoming possible compatibility or storage issues. You will also be able to collaborate with others. Here is a list of the most practical apps for accounting. These apps not only allow you to work on the go, they also automate many tasks related to accounting, making things easier. With minimum input, these apps will help you to manage billing, invoicing and much more. Below is a list of the options that we recommend.

Quickbooks Online

Working on your own can be overwhelming at times since you need to take care of everything. Don’t worry, with Quickbooks, you will be able to manage your accounting with precision and without stress. Quickbooks Online is the cloud-based version of Quickbooks, which is a leading name in accounting software. Thanks to its ease of use and efficiency, this app is perfect for increasing your productivity. It is affordable as well as you can get it for a monthly price that starts at $15 and that can go up to $40, according to the features that you select. If you are a freelancer, this solution created by Intuit is the app for you.

Xero

Xero is becoming increasingly popular and it continues gaining users due to its high quality and convenient features. It comes with all the necessary features to ensure that you can handle accounting tasks without issues. Xero’s functionality is set to enable small, medium and even large businesses to take control over their expenses, vendors and related information. The software is being updated on a regular basis and when you use Xero, you get access to complete suite that includes a task manager and additional accessories that will allow you to run your business in an efficient manner. The monthly costs is between $10 and $70 USD, depending on the features that you want to get access to. Xero is one of the best solutions available, due to its user-friendly interface and vast selection of features. Xero makes online accounting simple and affordable, making it a great choice for small companies.

Freshbooks

This app is designed to keep things simple and to get more done in the less possible amount of time. Although it is easy to use, it also very simple, perhaps, too much. This means that if you need advanced features, this may not be the best solution for your needs. Still it is worth considering due to to its affordability and effective performance. The price that you need to pay per month is between $15 and $50, which is higher than expected, considering that Freshbooks doesn’t offer as many features as other apps. However, it is a high quality app for invoicing and in spite of its limitations when it comes to accounting functionality, it is highly recommended for those who are just getting started and need to keep track of their budget.

FreeAgent

This is another good solution for those who want to focus on other tasks apart from bookkeeping. You won’t need to spend a lot of time because with the help of FreeAgent, you can look after the books in an easy and convenient way. Although it doesn’t offer advanced features, if your main concern is simplicity, this is definitely an option that you need to consider. Even if you don’t have previous experience with bookkeeping, you will be able to manage your accounts without complications. It should be noted that some features such as payroll, are only available in the UK version of the app. The app costs $12 per month, for the first six months and after that, it costs $24 per month.

Zoho Books

If you have a shop and feel overwhelmed when you are handling the inventory, try Zoho Books. This app is part of a larger Zoho suite that offers management apps including a complete set of convenient solutions that will help you to ensure that your small business runs smoothly. Zoho has a remarkable inventory system, but in recent years it has evolved to become a comprehensive accounting solution. Affordability is another major appeal of this app. For a price that starts at $10 and that goes up to $30, you can enjoy a simple, practical app that offers all the features that you need to manage your service successfully. While the interface can be complicated at times, overall the app provides great performance and the automatization of standard functions will help you to save time so that you can focus on making your business a success.

OneUp

OneUp is the best options available for users who do have experienced with bookkeeping. It is the right choice for you if you require advanced features, but it should be noted that the interface is a bit complex. With OneUp, skilled users can take control over their business’ accounts completely. Considering that the app offers highly advanced features and top functionality, it can be a good option for large businesses. The prices start at $10 per month for small and medium businesses. Large companies can expect to pay up to $170 per month for OneUp. It offers great performance, but it can be a bit too much, even for those who have the knowledge and experience to handle accounting.

BrightBook

Here is another app that will suit small business owners and those who work independently and want to take care of their books, without spending to much on this task. BrightBook is completely free and it is very easy to use. It enables you to manage daily tasks fast and without hassle. Although this app would be good enough for users who don’t require advanced, it will feel too simple for people who need to manage more than just the basic functions. It doesn’t support automatic linking to a bank account, which is a feature that most other apps of this kind offer. In spite of its limitations, BrightBook is a good option for small businesses and freelancers who just want a solution that is easy to use.

Wave

Wave is the ideal solution for business owners who are constantly on the go and need a practical and efficient solution to keep track of their numbers from anywhere. It is a convenient mobile app that features impressive functionality, which makes it perfect for advanced accounting. It can easily take care of basic tasks and it handles more complex ones with good results. One of the main appeals of Wave is that it is mostly free, although some features like payroll do require a payment.

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