Operating a business requires the owner to have an account of the financial records at all times. On that account, bookkeeping is inevitable as it is the core of a successful business. Tracking expenses is possible, which leads to cutting on some items to avoid overspending. Here are the best programs to utilize to enhance accounting strategies.
QuickBooks
It is the best version for small business owners since it helps a lot with accounting. The highlight is that it is versatile, easy to use, and extensive as well. QuickBooks Online is available for Mac and desktop users, which makes it quite versatile. It can meet business needs with different expectations as it has outstanding specifications. The software has various guides and tutorials on how to use it. The only downside to QuickBooks is that it is quite pricey.
Xero
The cloud program has standout features that entrepreneurs can use for inventory management, project tracking, and data management. It is also exceptional as it allows users to reconcile accounts seamlessly. The 24/7 live support is a fantastic trait that people can look forward to since they will get all the help they need. It has over 600 integrations for payroll and invoicing as well.
FreshBooks
It suits small businesses and freelancers as it comes with a straightforward accounting system. The software is effortless to use for invoicing, reports, time tracking, and payments. It allows for the double-entry of data, and that makes the workflow smoothly. FreshBooks has various plans that users can choose depending on their staff and budget as well. The drawback to this program is the limited invoice customization.
Botkeeper
It is an AI-powered accounting and bookkeeping software that works for small businesses. It has live support around the clock for its clients across the globe. It comes with great dashboards that are utterly intuitive. Customers can browse seamlessly and do all their reporting via the platform.
Zoho Books
It is a simple accounting program that everyone can use without a hassle. The application is cloud-based with fantastic mobile versions. Plus, the user interface is incredible, with multiple payment gateways. Business owners can use it for project management, financial statements, inventory, and document management. However, you must link the time tracking to projects as it not automatic.