Accounting business software’s helps businesses manage their finances and track their financial transactions. There are plenty of options out there for one to select. When looking for an accounting software there are certain things that one needs to consider. One of the most important things is the size of your business this is because different accounting software’s suite different needs. Another factor that you need to put into consideration is the price. Make sure that your look for an accounting software that is within your budget. Below is a list of top accounting software’s in the market.
Zoho books
Zoho books is an accounting software that is suitable from small business, microbusiness, personal and even home-based businesses. It is an affordable software that can grow with your business. Zoho books is a simple online accounting software that can be synchronized with your accounts giving you the privilege to create and send invoices, track expenses and generate reports. Just like any other accounting software Zoho has three accounting plans.
There is the basic plan that cost somewhere around $9 and supports one user while allowing you to add up to 50 contacts in the system. Through this plan one is able to create invoices, reconcile transactions and manage projects as well as timesheets. The standard plan costs $19 and supports two users while allowing you to add 500 contacts into your system.
Zoho is an easy to use accounting software even for the most tech challenged. It also helps to save time bearing in mind that accounting is one of the most time consuming features in a business.
QuickBooks
QuickBooks is another business accounting software that is competitively priced. With QuickBooks you have a 30 day free trial or you can go for a %50 discount on all subscriptions for three months. Self-Employed plan is the most basic plan that cost $10 per month. It is designed for freelancers and independent contractors who want to track their income, expenses, mileage, run basic reports, accept payments and create invoices. The only challenge with this plan is that it cannot be upgraded to a higher plan.
A simple to start plan supports costs $20 a month and supports only one user. It has features like the self-employed plan however, it gives you the privilege to send estimates, track sales, tax and also track mileage. The essential plan costs $35 a month and supports three users. It has features such as the other plans but has the addition of a time tracking and bill management. Other features include the plus plan and advanced plan. It is a very easy to uses software with a very interactive interface. All the tasks and features in QuickBooks are automated with built in reports, automatic backups and electronic invoicing.
FreshBooks
Just like any other accounting software’s FreshBook offers several plans. It is competitively priced and the plans are based on the accounts you can add. They provide discounts to their customers with a free trial which you can use to test the program.
Lite plan allows one to bill up to five clients and costs $15. It allows you to connect with the bank and send unlimited estimates, track time and accept online payment. Plus plan allows one to bill up to 50 clients and costs around $25. One can automate payment reminders, send proposals and also charge late fees through the accounting software. Double-entry accounting and financial report is the new added plan. Premium plan allows you to bill up to 50 clients and costs $50 every month. It has all the features present in the other plan only that it allows you to bill more clients. Select plan has custom pricing hence you need to contact the company’s customer support in case you need the plan.
Freshbooks is a simple to use and very intuitive cloud based accounting software that can be accessed across different platforms. Signing up in the software takes only a couple of seconds and doesn’t require one to use their credit card information. The software interface has an uncluttered home screen with a very simple navigation system. The software is also time saving in that you can create, send and manage invoices simply and very efficiently. The invoice screen will show you exactly what kind of documents you are looking to send. If the interface looks familiar, you won’t be surprised to find out that many adult dating companies, such as fuckbook, use software for invoicing.
Xero
Xero is unique type of accounting software that will give you value for your money if you have multiple users. Most of its plan come along with inventory tracking. Every user gets to use a 30 day free trial that allows one to try some of its best features before you can upgrade to the other plans. Contrary to other accounting software’s, Xero bases it’s pricing on the number of users. Early plan is limited to only five invoices and cost $9 per month and allows five bills and 20 transactions every month. Growing plan has unlimited invoices, bills and transactions. It costs $30 per month. Established plan costs $60 and has unlimited invoices, bills and bank transactions as well as it supports multiple languages. The interface of the software is easy to use and very intuitive. The dashboard has a simple navigation menu which you can use to add data. Xero has automated most of its processes including invoicing, accounting, inventory and bank reconciliations. They also have a round the clock customer support desk which can be accessed through email or live chat.
Wave
Wave is one of the most popular financial accounting software that is available for free. It possesses a good mix of features that are well suited to your business needs. It is particularly good for individuals who are self-employed, consultants and entrepreneurs. All types of customer service in the program are provided through emailing and for free. Additional ancillary services such as credit card processing and payroll will cost you a few dollars. It is a very easy to use accounting software where you can create your account with a simple procedure. Most of its features are automated hence it will save your business a great deal of time.
