5 accounting software for your business

5 Best Accounting Software For Your Small Business.

Accounting is an integral part of small businesses. It not only enables businesses to know if there are making profits or losses but it also ensures that there is proper financial management system that can help the business make informed financial decisions. 

The need for small businesses to streamline their accounting processes has led to development of accounting software. These software have not only make the work of bookkeepers and accountants easy but they have also make the process more efficient.​

In the good old days, all accounting and bookkeeping tasks were done manually. This not only made the process cumbersome but it also created room for errors. Accounting software have automated the accounting process, reducing cost and human error.

In the good old days, all accounting and bookkeeping tasks were done manually. This not only made the process cumbersome but it also created room for errors.

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 Accounting software are indispensable tools that every small business should take advantage of. If you have searched the term, “ best accounting software for small business”, then you must have been confused on which option to choose because of many options available.

The good news is that today you have landed in the right place. We have done extensive research on your behalf and compiled a list of 5 best accounting software for small business. Things that we considered before compiling our list include ease of use, security, integration and pricing.

1. Xero Accounting For small Business

5 best accounting for small business

Xero has all crucial tools and functions that you need to help you run accounting processes smoothly. One feature that makes Xero to stand out from others is its exclusive functionality that allows multiple users to access the software at no additional cost. 

This is great feature especially if you have different people such as certified public accountant and other employees who need to access the software. Xero has been designed to provide the best accounting experience to users. It is very easy to use and can make a complex account task easy even for first time users.

Xero can help you accept payments, send invoices manage contact, view bank transactions among many others. You can also manage payroll,create your own multi-currency accounts and also manage projects within the app. This software is packed with plenty of features that will help make your accounting process easy.

2. QuickBooks Accounting For Small Business

5 best accounting software for small business

QuickBooks has wide array of tools and features that will help make invoicing and accounting easy. This software will do everything that you need including tracking income and expenses, generating useful reports, run payroll, overdue items among many other accounting tasks to help you get a clear picture on how your business is performing financially.

QuickBooks has wide array of tools and features that will help make invoicing and accounting easy. This software will do everything that you need including tracking income and expenses, generating useful reports, run payroll, overdue items among many other accounting tasks to help you get a clear picture on how your business is performing financially.

3. Freshbooks Accounting Software

5 best accounting software for small business

Freshbooks is one of the best accounting software for small businesses. It has a simple but efficient interface that is easy to use. Currently, Freshbooks is used by over 5 million users around the globe to enhance invoicing and time tracking. 

If you are looking for an accounting software that will help streamline invoice to payment functionalities, then you won’t go wrong if you choose Freshbooks. Some of these functionalities include overdue payment reminders, direct payment gateways, payment claims and delay fees.

Freshbooks can also help you collect payments and automate recurring billing process to accept Amex, Google checkout, PayPal as well as credit card payments. You can also get crucial report and tax summaries once data has been processed to help you make sound financial decisions. This software can also integrate with their apps that you use in your business.

4. Zoho books Accounting Software For Small Business

5 best accounting for small business

Zoho books is an efficient account solution designed to help small businesses manage their finances and cash flow. This software has amazing tools that can help you make smart financial decisions for your business. Its interface is simple and easy to use. Zoho book integrates easily with other Zoho products, making it deal for already existing Zoho users.

 For instance, if you use a Zoho app, then it will automatically connect with Zoho books. This software allows multiple user’s access meaning that more than one person can have access to this software. It will allow you to completely automate your bookkeeping.

 In addition to that, Zoho books allows you to share transactions with your clients by creating a client’s portal. You can also enable bulk payment feature to receive bulk payment from your clients fast.

5. QuickBooks Online Accounting Software

QuickBooks online is the online version of the quickbook intuit and can make a complex accounting tasks simple. Since its launch, it has become very popular among small business owners because it has simple and easy to use interface.

QuickBooks online syncs business profile automatically to a single interface that users can easily use to view reports. In addition to that, this software is also capable of generating invoices and billing, profit and loss trade sheet among many others and they can all be accessed through mobile devices. You can also customize the software by adding other features of your choice to suit the needs of your business.

In conclusion, if you are looking for accounting software for your small business, then you won’t go wrong if you choose any that we have listed above. All of them have been tested and proven to give quality accounting solutions. They are easy to use and can easily integrate with other accounting systems in your business.

By the way, if you like this post I would like to know your about accounting software that can make your life easier. Don't hesitate to give your own opinion.