Small business owners need to keep track of their financials to ensure their success. As a result, they need reliable and efficient accounting software. The right desktop accounting software can help small businesses save time and money, and provide accurate financial reports. In this article, we will discuss the top 5 desktop accounting software for small businesses in 2021.
1. QuickBooks Desktop
QuickBooks Desktop is a popular accounting software for small businesses. It offers features such as invoicing, expense tracking, and financial reporting. It is easy to use and has a user-friendly interface. QuickBooks Desktop is also compatible with over 200 applications, making it a highly customizable solution. However, QuickBooks Desktop is expensive, and the software can sometimes be slow to load.
2. FreshBooks
FreshBooks is a cloud-based accounting software that is perfect for small businesses. It offers features such as invoicing, time tracking, project management, and financial reporting. FreshBooks is easy to use, offering an intuitive interface. Moreover, FreshBooks offers a mobile app that makes it easy to access your financial data on-the-go. However, FreshBooks does not offer advanced inventory management features.
3. Sage 50cloud
Sage 50cloud is a comprehensive accounting solution that offers features such as invoicing, inventory management, and financial reporting. It is one of the most reliable and secure accounting software for small businesses. Sage 50cloud is also highly customizable, allowing small businesses to tailor the software to their needs. However, Sage 50cloud is the most expensive accounting software on this list.
4. Xero
Xero is a cloud-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. Xero is easy to use and has a highly customizable interface. Moreover, Xero offers over 800 applications, making it one of the most customizable accounting solutions available. However, Xero’s customer support can be inconsistent.
5. Zoho Books
Zoho Books is a cloud-based accounting software that offers features such as invoicing, expense tracking, inventory management, and financial reporting. Zoho Books is affordable, making it an excellent solution for small businesses on a budget. Moreover, Zoho Books is easy to use and offers excellent customer support. However, Zoho Books does not offer advanced payroll features.
Conclusion
In conclusion, small businesses need efficient and reliable desktop accounting software to manage their finances. QuickBooks Desktop, FreshBooks, Sage 50cloud, Xero, and Zoho Books are the top 5 desktop accounting software for small businesses in 2021. Each of these software offers unique features, and small businesses should choose the one that best suits their needs and budget.
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