Title: The Top 5 Best Accounting Software for Small Business in 2021
Introduction:
Running a small business is no easy feat; there are many things to consider, including finances. As a small business owner, you want to ensure that your finances are in check and that you’re properly tracking your expenses. That’s where accounting software comes in, making it easier to keep track of your finances and even simplifying tax filing. In this article, we’ll be discussing the top 5 best accounting software for small businesses in 2021.
Body:
1. QuickBooks:
QuickBooks by Intuit is considered the gold standard of accounting software for small businesses. With its user-friendly interface and a wide range of features, QuickBooks can handle everything from invoicing to payroll to expenses and more. It also integrates with over 200 other business software programs, making it a versatile option for small business owners. QuickBooks is available as a cloud-based or desktop software, with a variety of plans to choose from, depending on your business’s needs.
2. Xero:
Xero is a cloud-based accounting software similar to QuickBooks, but with a few added features. It’s known for its simple interface and time-saving features, like automatic bank feeds and invoice reminders. Xero also has a mobile app, allowing you to access your accounts on the go. One unique feature of Xero is its collaboration tools, making it easy for you to work with your accountant or bookkeeper.
3. FreshBooks:
FreshBooks is a cloud-based accounting software that’s ideal for freelancers and small business owners with a service-based business. With its time-tracking tools and invoicing feature, FreshBooks makes it easy to bill clients for services rendered. It also offers a mobile app for on-the-go accessibility. FreshBooks has a variety of pricing plans, with the most popular being the Plus plan, which allows for unlimited clients and team members.
4. Wave:
Wave is a free cloud-based accounting software, making it an excellent option for small businesses just starting. Despite being free, it has a wide range of features, including invoicing, accounting, and receipt scanning. Wave also offers a paid payroll service, allowing business owners to handle payroll with ease. Its mobile app makes it easy to access accounts on the go, making it a versatile option for small business owners.
5. Zoho Books:
Zoho Books is a cloud-based accounting software that’s ideal for small businesses that need to manage multiple projects. With its project management tool, it’s easy to keep track of expenses and billable hours for each project. It also has a wide range of accounting features, including invoicing, inventory management, and bank reconciliation. Zoho Books offers a mobile app for on-the-go accessibility and a variety of pricing plans to choose from.
Conclusion:
Choosing the right accounting software for your small business can make all the difference in streamlining your finances and making tax filing easier. Each software mentioned in this article has its unique features and pricing plans. By assessing your business’s specific needs and budget, you’ll be able to determine which software is the best for you.
(Note: Do you have knowledge or insights to share? Unlock new opportunities and expand your reach by joining our authors team. Click Registration to join us and share your expertise with our readers.)