Just like humans have a backbone to support their bodies, similarly ACCOUNTING is the backbone of every business irrespective of the size and type. The craze for startups is also at the peak and one needs to understand the importance of proper accounting and bookkeeping, accounting software companies just understands this.
There are two types of people in the business:
1.) Those who know accounting.
2.) Those who don’t even know the “A” of Accounting, like me.
For those who know a bit about bookkeeping, it is comparatively easy to manage the accounts and those who are alien to accounting, it is nothing less than a nightmare.
Accounting software is beneficial for any business owner, if you know about accounting then still it can save a heck lot of time of yours and help you become productive plus the chances for errors also gets reduced and for those who don’t know are left with two choices:
- Hire someone to manage the books.
- Do it yourself with the help of accounting software.
Now, everybody does not have the budget to hire a full time employee for managing accounts. Bloggers or startup owners who don’t have very high budget will find it really very difficult to employ a person for a HIGH PRICE. Now what? Simple, get the best accounting software at a reasonable price with a lot of functionalities.
BUT, how would I decide which is the best suitable accounting or bookkeeping software for me? Is that your question? Don’t worry, we are here for you.
Best Invoice and Accounting Software for Every Business
All of the below mentioned bookkeeping software are highly reliable and popular among many successful business owners.
- Time tracking
The pricing for the software starts for as low as $11.66 per month which is quite cheap. You can also get a 30 day free trial without any credit card and they give you the option to cancel the subscription anytime without any contracts.
It makes very easy for clients to pay you from within the invoice even on mobile devices, it accepts credit cards, keep track of upcoming deposits, check out when you invoice was viewed, fast bank transfer, you can check all if it’s features here.
Get Free Trial of FreshBooks
Here comes another online accounting software which has always received a great response from business owners who have used it. It has more than 30 amazing features to offer you like cashflow, invoicing, pay runs, payments, reports, contacts, multi layer security, free support, free training and help center, mobile optimized as it works on android and iOS both easily, mobile apps, multi currency etc.
Xero accounting software is integrated with 400+ apps which makes it very easy to manage the work, you don’t need to worry about whether it will work with your business systems or not, the best part is it is included in every plan.
You can also get a 30 day full free trial of every feature without any credit card and with unlimited users.
It is very popular with over 1.3 million small business users worldwide. The software is not very costly to own, you can get a plan for as low as $5 per month, their best plan is at $32/month which offers a great range of features for your business.
Whether you run an NGO, own a product, provide service, Quickbooks has something for you. Easily track your revenue and expenses, strong security measure to protect your data and much more.
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For those who are on a tight budget but still wants many features, this is the one for you. Like others it also has a trial version but the best part is it is not limited by number of days, you will get to experience the free version until you create 5 invoices.
The costliest plan for TopNotepad is 24$ per year which is simply $20 per month for all features, not bad. If you want to cut the prices to half then go for $10 per month plan which offers only 1 features less than the costliest one.
You get unlimited storage, unlimited invoicing, unlimited expenses which is quite cool for this price.
5.) Wave Accounting Software
If you are on a tight budget and can hardly afford any bookkeeping software then this is made especially for you as it’s totally free of cost to use. You don’t even need to pay a penny for it’s services. It gives you features like invoicing, pay roll, payments, receipts, and accounting.
All you need to do is sign up using your Google or Yahoo account or your email address.
This is of your interest : Manage your whole business within Gmail
6.) Zoho Books
Whether you want a basic of professional plan, they are there for you. The basic plan starts for a low price of $9/month which goes up to $29/month for the most advanced plan.
It is an easy to use cloud accounting software which gives you multiple services like automated banking to track cash flow, expense tracking, real time inventory tracking etc.
It is integrated with the giants like Google, Paypal, WorldPay, Stripe, Zoho CRM etc. to help you do accounting and managing better
7.) Free Agent
If we talk about prices first then they are pretty straight forward as they have only one plan which costs $20 per month which includes all the Free Agent features along with support and multi currency and sales tax reporting.
You can also get a 30 day free trial of the product without giving out your credit card details to them. Your data is securely backed up every 5 minutes and you can cancel your subscription anytime.
8.) Account Edge Pro
Personally, I didn’t find it very amusing and it is very costly as compared to others if you are just starting. You can get the software for Windows and MAC OS both but the price for new customers and upgrading is same i.e $399. This is supposed to a one time fee as they haven’t mentioned anything like “/month” or “/year” after the amount.
9.) GNUCash Free Accounting Software
It is a powerful FREE double-entry accounting software which is available for Windows, MAC and Linux as well. Check out it’s highlighted features:
- Double Entry Accounting
- Stock/Bond/Mutual Fund Accounts
- Small-Business Accounting
- Reports, Graphs
- QIF/OFX/HBCI Import, Transaction Matching
- Scheduled Transactions
- Financial Calculations
It helps you to track bank accounts, stocks, income and expenses. You can also get the android app on Google play.
10.) Paychex Accounting Online
It has a lot of products for you. It is basically a payroll and like services for any business size. The accounting software it has is called Kashoo Online Accounting.
It has only two plans, one is yearly and the other one is monthly based. The monthly costs you around $19.95 and the yearly is estimated around $199.95. Some of it’s features are invoices, bank feeds, custom entries etc. You can start with a free trial.
These were the top and best accounting software, now it depends on you which one would suit you the most.