Company owners are continually looking for accounting tools to aid in their businesses. This explains why software developers are always updating mind-blowing software products that not only make work easy but also benefit their users. The best accounting software is ready for use, but not many people know about them. This is why time has been taken to list out paid versions in this article.
This accounting software is handy for startups that want to maintain an organized account at reduced costs. They also make accessing office files very straightforward by operating on your machine instead of third-party clouds.
Best accounting software
FreshBooks
FreshBooks is an accounting software designed for small businesses. It offers cloud-based service with features such as a host of company reports, expense tracking, invoicing, time tracking, and a lot more. The software provides real depth here, despite the simplicity.
Users can charge in any currency, saves time by organizing recurring invoices, enable customers to make payment with the use of credit card, and even bill their credit card automatically to keep everyone’s life simple.
Business owners who are looking for more control over their company can take advantage of FreshBooks. This is because the accounting software integrates with several other services such as Zendesk, PayPal, Basecamp, MailChimp, Gusto, WordPress, and more. Users can also minimize issues with management.
FreshBooks can be accessed from your PC or its free Android and iOS apps. Users do not have to bother about backups since the software was designed as a cloud-based system. If this interests you, then you should try the software for a month without the use of a credit card. FreshBooks Lite offers time tracking, invoices, expenses, estimates, and the option to accept internet-based credit card payments.
The monthly fee of $15 only gives users access to five clients. On the other hand, the plus plan provides up to 50 clients, saves its users time by making access to recurring invoices easy and automating payment reminders.
Price List
- FreshBooks Lite: US$15 per mth
- FreshBooks Plus: US$25 per mth
- FreshBooks Premium: US$50 per mth
Advantages
- Plenty of depth and features
- User-friendly interface
- Integrates with many popular services
QuickBooks
This is a cloud-based accounting software provided to make work easier for small businesses. QuickBooks claims to be a well-known name in the areas of accounting and bookkeeping. Intuit owns the accounting software, and it insists on offering young companies, as well as big companies, with a broad repertoire that consists of Mint, Turbotax, and Proconnet.
Depending on what you want, potential users can select from QuickBooks Self-Employed, QuickBooks Live Bookkeeping, QuickBooks Online, QuickBooks Desktop Pro, QuickBooks Online Advanced, QuickBooks Enterprise, QuickBooks Desktop for Mac, and QuickBooks Premier. Notwithstanding, users also have the option of creating their custom package with the help of QuickBooks support.
Price List
- Quickbooks Simple Start: US$10 per mth
- QuickBooks Essentials: US$17 per mth
- QuickBooks Plus: US$30 per mth
Advantages
- Basic plan is well-featured
- Lots of extras available
- Free trial
Xero
Many business owners use Xero because it has been tagged a very useful business accounting software. For as low as $9/month, prospective users can subscribe to Xero Early plan account, which allows sending of five invoices, reconciling just 20 bank trades, or inputting only five bills.
Despite the limited options this package offers, Xero offers automated expense tracking and management. Clients can monitor their software on their mobile phone by downloading the app on Android or iOS.
The software also provides numerous configurable reports, efficient budgeting with unlimited user access on an account. Users can use this accounting software if they are having challenges with invoice, bank or billing. You can subscribe to the $30 monthly plan that offers extensive features.
Price List
- Xero Starter: US$9 per mth
- Xero Standard: US$30 per mth
- Xero Premium 10: US$70 per mth
Advantages
- Temptingly cheap Starter plan
- Excellent mobile apps
Disadvantage
- Users are faces with limitation on the basic plan
Sage Business Cloud Accounting
With its straightforward and gimmick-free charges, Sage Company Cloud Accounting creates a stunning first impression. At just $25 a month, potential clients can use the top Sage Accounting package.
Interested users can try the 30-day free trial to get an idea of what the accounting software is about. This provides you with modules to invoices, manage quotes, handle and present VAT online, cash flow prediction, smart bank feeds and reconciliation, detailed reports, project tracking, series of currency support, and more. All these can be accessed via your mobile app or from your PC.
Sage Business Cloud Accounting stated it was developed for easy use. Clients who run into complication can get help by watching video tutorials or contacting the company’s support.
Price List
- Sage Business Cloud Accounting: US$10
- Accounting: US$25
Advantages
- Good value proposition
- Neatly presented and easy-to-use
- Impeccable customer support
Kashoo
Kashoo was developed as stress-free accounting software that business owners can access easily. Kashoo helps you avoid the hassle of selecting accounting packages, which often involves surfing through a series of complicated tables, and hidden offers that might be best for you. For as low as $19.95 monthly or $199 yearly, business owners can integrate the software into their company.
The software also excels in the areas of multi-currency support; a critical feature for the current global market. Kashoo also allows for credit card transactions for carriers like Mastercard, Amex, and Visa, at a 2.9 per cent plus 0.30 cent transaction charges.
Users can also take advantage of the available invoices and connections to well-over 5000 financial institutions to access online accounts. The orderly interface of Kashoo is admirable. The dashboard provides a summary of the financial statement also can’t be missed.
The accounting software also provides its clients with support via phone, e-mail, social media and live chat, – or by old-fashioned letter if that’s your preference. However, the downside with Kashoo is that it only allows iOS users and leaving out Android users. Hopefully, the company addresses that! In the meantime, you can check out the app’s features in its 14-day trial package.
Price List
- Kashoo Accounting: US$16.58 per mth
Advantages
- Multi-currency support
- Neatly designed dashboard
Disadvantage
Zoho Books
Zoho Books is merely a small part of a big company in India that provides all types of accounting solutions for everyone and anyone. The software offers its users with cost-effective options thanks to its clean and easy cloud-based interface. It doesn’t matter if you are a trader, freelancer, or a person in charge of a small company, Zoho Books claims to have something for you.
While Zoho Books has an amazing app profile, the desktop route is also said to be equally efficient. Zoho Books Basic costs a monthly fee of £6/$9 per organization. This gives its users access to 50potential vendors or customers, two users (this include individuals who would control the account), and five automated workflows.
The most subscribed package is Zoho Books Standard, which costs £12/$19 each month. This gives users access to 500 contacts, 3 users per account, and 10 automated workflows. Zoho Books Professional provides its users with 500 contacts, can be accessed by 10 users, including 10 automated workflows for £18/$29.
Prospective clients can also get 2 months off when they subscribe for a yearly package. The software also offers additional add-ons, plus a 14-day trial version.
Price List
- Zoho Books Basic: US$9 per mth
- Zoho Books Standard: US$19 per mth
- Zoho Books Professional: US$29 per mth
Advantages
- Easy to use
- Many features and functions
Disadvantages
- Lack of payroll
KashFlow
KashFlow is an accounting app that claims to keep things simple. This is especially useful when you have to deal with confusing data. The cloud-based software solution can be used remotely, as long as you have access to the internet.
KashFlow not only offers effective tools that allow its users to tackle accounting tasks but also lets users handle HR and payroll duties. KashFlow starter package only cost £8 per month, including VAT, and it targets contractors, traders, small businesses. Users can send 10 invoices, unlimited quotes, but a single user can only access an account.
Potential users can subscribe to KashFlow Business edition which cost £16.50 each month, including VAT. This package was developed for limited companies and growing businesses. The package gives users access to infinite quotes, invoices, and coordinate unlimited bank transactions. KashFlow Business also allows for multiple users, lets you manage and submit VAT return via the internet.
Additionally, its Business and Payroll package has the previously mentioned features, including added payroll performance and the package only cost £22.50 each month.
Price List
- Kashflow Starter: US$9 per mth
- Kashflow Business: US$18 per mth
- Kashflow Business & Payroll: US$25 per mth
Advantages
- Solid VAT support in the UK
- Useful payroll option
Disadvantages
- Chargeable video tutorials
- Complex structure
Source: Techradar.
