Women In Business

Best accounting software for small business

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Accounting is a major part of any business and as a small business owner or entrepreneur, you may not have the money to hire an accountant. That’s where accounting software comes in. If you invest in the right accounting software, you’ll save yourself some major headaches, time, and money. These software apps are also very user friendly, letting just about anyone easily handle the finances of their business. So how do you know which accounting software to choose? One of the best ways to decide what’s best for your business is to read reviews of accounting software. In no particular order, here are some of the top accounting software programs for small businesses:

FreeAgent

FreeAgent is a cloud-based accounting software that is geared towards the needs of freelancers and small businesses. With numerous features, such as automated expense management and invoices, finance reports, time tracking, tax management, project level accounting among many others, the software combines all of your accounting processes into one easy to use platform. The app can be used from any device, and integrates with several other apps, such as Paypal and Google Apps. Managing expenses is a breeze with FreeAgent. All you have to do is take a picture of the receipt and upload it to the app. You can easily see your income, expenses, and profits any time through the dashboard view, as well as quickly create estimates with the help of templates.

Xero

Managing a small business can be difficult. Xero helps small business owners by streamlining often tedious tasks, providing you with more time to focus on other aspects of your business. The software includes all the basic accounting features, such as expense and purchase order management, invoicing, and tax management, and more. Integration with third party apps can further extend its features. With the mobile version of the app, you can manage your business finances from anywhere. The online dashboard provides a real-time few of your finances.

QuickBooks self-employed

QuickBooks Self-Employed is another good option for entrepreneurs. The accounting software instantly tracks and organizes all of your expenses and makes filing taxes easier. You can organize and save receipts with the snap of a photo, and keep track of your finances anywhere you go with the mobile-friendly software. QuickBooks also lets you create and send invoices from your smartphone, and you’ll know the moment when it is sent, viewed, and paid. The software also helps avoid year-end tax surprises by calculating for you how much in taxes you owe each quarter.

Wave

The quickly growing Accounting by Wave may be the answer to your accounting software needs, especially if you have a very tight budget. The cloud-based, free software is designed specifically for small businesses and can be accessed from mobile devices. While the software is free, there are a few features, such as payroll and automated payments, that come at a small fee. Even so, Wave boasts that customers only pay for what they use. Estimates, invoices, and receipts can be created and sent in seconds. You can also effortlessly track expenses and income, and always have an up-to-date view of your finances with easy to read dashboards and reports.

FreshBooks

FreshBooks is another accounting software designed with small businesses in mind. It easily lets you send and manage invoices, collect online payments, and track time. The software is intuitive and very user friendly, allowing you to easily send professional looking invoices and save time on paperwork. Tasks such as organizing expenses, tracking time, and invoicing can be automated to make your life easier. Since the software is cloud-based, you can access your information from anywhere and from any device.

There are numerous accounting software programs available to make your life easier and your business more organized. Whichever one you choose, make sure to do your research and read reviews of accounting software.

About Brittany Hall

Brittany Hall is a digital marketer turned writer. When she’s not planning her next travel adventure, she writes about the latest technology and tools for TrustRadius.

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