If you run a business, you absolutely must track your income and expenses. Your business accounting is required for taxes, and putting in a little extra effort up front can save a ton of time and hassles when tax season rolls around. Even more, accurately tracking expenses can help you lower your tax bill. But most accounting software isn’t cheap, and it can take a lot of work to learn how it all works. Here are the best top accounting software options to choose from for your business
1. Zoho Books
Smaller businesses that don’t have lots of employees, inventory and other complex needs don’t have to deal with the complexities bigger firms have to deal with. Zoho is best for the smaller sized businesses that just works. Zoho offers several apps, and Books is its accounting software. It includes easy-to-understand dashboards and graphs and takes pride in straightforward usability. You don’t need an accounting degree to make sense of Zoho.
One particularly useful feature for service businesses is automated payment reminders when your clients are not paying quickly as agreed. It offers manual journal entries, financial statements, project management, automated banking, inventory and collaboration tools.
Intuit’s Quickbooks is the 800-pound gorilla of the small business accounting world. While it isn’t perfect and isn’t cheap, it is one of the most fully featured accounting software packages in existence. Windows and Mac versions exist for the desktop, but Quickbooks is slowly working to push users into the cloud (subscription instead of one-time cost). The Mac version does not have nearly the full feature set of the Windows or online version, so keep that in mind when choosing software for your business.
Because Quickbooks is so widely used, it is easy to find tutorials, guides, videos and other information on how it all works. But the downside is that you need tutorials, guides and videos to understand how it works. Intuit’s own help forum is often riddled with incorrect answers, so getting through a frustrating issue may take longer than you would hope. But, at the end of the day, it is the best known and most popular accounting software for a reason: it works well for a wide range of businesses and business needs.
Quickbooks started with desktop, but Xero was always cloud first. Mac users who can’t find what they need from Quickbooks for Windows were some of the earlier adopters of Xero, which includes 24/7 live chat support at no extra cost. Xero is also huge on integrations, with more than 600 integrations to help business owners manage invoicing, inventory, payroll and much more.
One standout feature is the ability to track time and money spent on specific projects, so you don’t let any dollars slip through the cracks. Xero is designed for an array of businesses. Higher end premium versions include payroll and multi-currency support, with the Gusto full-service payroll version.
Another bookkeeping option good for freelancers, GoDaddy. Formerly known as Outright, GoDaddy acquired the accounting software company in 2012 and renamed it GoDaddy Bookkeeping. Its features are on the basic side, and like FreshBooks, does not include double entry accounting. But it does make time tracking and quarterly estimated taxes a lot easier than doing it manually.
The best features are integrations with online sales platforms such as Amazon, eBay and Etsy. If that is where you do most of your business, GoDaddy Bookkeeping could be a good choice and a cheap one.
Freelancers and other solo business owners might not need a giant, complicated accounting system. FreshBooks offers what you might call bookkeeping light, with no double I accounting support. However, it is easy to use for time tracking, invoicing, payments and reports. And it is one of the easiest accounting apps to use.While it is great for self-employed workers, it is not powerful enough for many small businesses.
We recommend ZOHO BOOKS as we have used and reviewed every tool but Zoho products are simple to understand and easy to use also when pricing is concerned its come with very cost effective solutions
MARG started its journey in 1992 and was founded in year 2000. For over two decades has focused on providing the best inventory and accounting software that could drive the progress for clients and enhance their business solutions.
Our field force team is serving across 500+ top cities across India & has the best knowledge and experience, across industries and technologies to serve a wider customer base. Marg ERP has seven zonal offices across the nation i.e Delhi, Mumbai, Kolkota, Pune, Gujrat, Chennai and Hyderabad.
The Marg family today serves more than 21 different business segment across the country. With more than 10 Lakh plus satisfied users, 850 + sales & support centers, Marg ERP has been a true leader in easing the adaption process of GST.
BUSY offers a range of accounting softwares to cater to the needs of different business segments. The primary editions offered by BUSY are Basic, Standard & Enterprise.
Whereas Basic edition is available in 1 variant (Single-User) only – Standard & Enterprise editions are available in 3 variants (Single-User, Multi-User and Client-Server) each.
GST Ready Invoices
Easy is now GST ready. Easily file all your GST returns with one click. As you already have your invoices and bills entered in Easy, we will automatically submit them to GST Server.
Create professional invoices and customise them using your company logo and color scheme. You can choose the information you want to display on your invoice. Attach any documents to your invoice.
Download Easy Invoice Manger from Play store and start creating and sharing Invoices, Quotations, e-waybills, Payment receipts and much more. Also, manage your inventory and send instant Payment reminders to your customers for recovering your payments sooner.
10. Real BOOKS
RealBooks is a cloud based GST and VAT compliant accounting-inventory-payroll software. It does not matter whether you are a small business or a Fortune 500 company – Our comprehensive feature list, combined with unique intelligence tools, will ensure higher business efficiency.
Our vision is to empower businesses – big and small – take better financial decisions, every single day.
We at NB digital Technologies have team of certified consultants,we help you to integrate all tools with your business