Managing your accounts is one of the most important tasks that will help you to expand your business. If you don’t know how to manage business accounts then you need to hire someone to do this task.
But most of the small business owners show an unwillingness to hire one more person in their business. As they don’t manage their business accounts many businesses fail.
Now things have changed. The world is becoming digital day by day. Technology has come as a blessing to us. Nowadays, if you don’t have any knowledge you can manage your business accounts alone. You don’t need to hire anyone to do that.
How? Well, there is so many accounting software in the market that will manage your business accounts and generate reports as well. Are you thinking about the cost?
Well, there are both free and paid software. The premium software is affordable than hiring an employee in an office.
Moreover, your accounts will be generated through a machine. So, the chances of mistakes and fraud are less.
But which software you should choose for your business? We have researched and found out the best Accounting software for small businesses in the market.
Freshbooks is one of the best accounting software of 2020. It shows you the actual business insights and helps to take accurate business decisions.
It is an user-friendly invoice tool that generates professional business invoices faster. Here, you can easily add billable time, automatic payment reminders, expenses, etc.
Moreover, Freshbooks generates your business account reports that will help you to make business plans for the next year.
Freshbooks is a premium software. But as a new user, you can enjoy a 30 days free trial. If you like it you can subscribe to their paid version or else you can cancel it anytime you want.
Quickbooks by Intuit is easy-to-use accounting software for small businesses. It has tons of great features that will reduce your workload and saves your time.
Quickbooks is such a software that increases your productivity. You can easily access to your customer, vendor, and employee information and manage your business finances with just a few clicks.
In terms of features, the price is really affordable. Not only small businesses, but any type of business can also use this software to manage their business accounts.
Zoho Books is an accounting software that is specially designed for small businesses. You can make invoices, schedule recurring transactions, automatically send payment reminders, and track expenses, projects, and timesheets easily than never before.
As Zoho is cloud-based software, it means you can access your accounts from anywhere around the world.
Sage Business Cloud Accounting
Sage Business Cloud Accounting is a cloud-based accounting management software for small businesses. It will help you in accounting, compliance, and expense management tasks.
As it is cloud-based accounting software, that means you can access your information from anywhere and any devices. Besides, all of your information will be 100% secure.
If you are using this software, you can manage everything from a single dashboard. However, this software is mobile optimized. That means you can access your information when you are on a vacation as well.
There is no business in this world that starts as a multi-billion dollar company. Every company starts as a small company. It is obvious that your company will expand day by day.
So, you need a software that will grow as the company grows. We all know that migrating an accounting software is a daunting task. That’s why you should choose Xero Accounting software. Xero is such a software that will grow with your company.
If you use Xero, you choose one of its pricing plans and get started. Day by day your business starts growing and you need more employees. When you will add more employees to this software, it is completely free.
Besides, Xero has 700+ apps integration, 24/7/365 live chat customer support, and so many stunning features.
The most interesting things about Xero are easy setup, inventory management, easy transactions, and last but not least financial reporting features.
Undoubtedly, these best accounting management software will save your time and energy. These software will work faster than a human accountant does. All the postings will be done automatically.
In, 2020 most of the companies are thinking to introduce artificial intelligence features on their software. It will reduce manual data entry and other repetitive tasks, batch invoicing, recurring online payment remittance, etc.
If you are still confused, which one is the best accounting management software for your small business, then feel free to ask for our assistance. We are always here to help you.