The scope of computerized accounting has increased significantly. Top software tools in the market are easy to use even by those who are not much tech-savvy. Whether you want to track your income or expenses, or cut down on tax deductions, the tools are there to help your business grow without any financial hiccup. To provide these benefits, top tools come with some core modules like accounts receivable, accounts payable, billing, general ledger, purchase order, stock, sales order, and bookkeeping. While the market is brimming with different tools, these are the top accounting software searches online:
Xero It’s a cloud-based software for small business needs, and can be accessed from any mobile device with a browser. For this thing, you can invite as many users as you want, and can also limit their access to different data. Even the starter plan for this accounting software includes functions like accounts payable, invoicing, inventory, expense claims, etc.
• Payroll programming available
• Unlimited user access
• Various features available like business performance dashboard, multi-currency accounting, asset management, quotes, etc.
• Suitable for all business types, such as, retail, hospitality, e-Commerce, legal, non-profit, etc.
• Ensures complete data security and integrity.
Intuit Quickbooks: Intuit Quickbooks provides complete accounting solution to small, medium and large enterprises. With this business accounting software, companies can streamline processes like inventory, sales, payroll, etc. It works by providing real-time accounting insights to help businesses track their transactions without any fail.
Other Important Features
• Ensures easy invoicing with features like payment reminders, email reminders to customers, tracking of receivables, and creation of recurring invoices.
• Online banking integration helps in automatic download of bank transactions.
• Intuit Quickbook mobile app provides access to accounts anytime and anywhere.
• Bookkeeping and payroll processes made easier.
• Its security system is on par with online banking to ensure safety of data.
Wave software is a smart tool for small businesses with easy payment, payroll, accounting, invoicing, etc. At every step of online accounting, Wave is there to help small businesses track expenses and manage employees. Companies with limited budget can track money, make money and spend money in a smarter way with Wave.
• Provides access to capital.
• Improves cash flow by streamlining the payment process.
• Payroll process made easier so that salary is processed on time.
• Helps small companies in getting ready for the tax time by providing accurate business insights.
• Also connects small businesses with accountants and bookkeepers for customized services.
• Provides double-entry accounting tools with proper settings and accurate reports.
Along with these, there are many other business accounting software tools which even non-accountants can use with ease. So, why deal with your funds manually, when accounting software can help you in making financial reports automatically and with less chances of error!