BOOKKEEPING SOFTWARE FOR SMALL BUSINESS UPDATE
BOOKKEEPING SOFTWARE FOR SMALL BUSINESS PRO
BOOKKEEPING SOFTWARE FOR SMALL BUSINESS PROFESSIONAL

BOOKKEEPING SOFTWARE FOR SMALL BUSINESS PRO

And while QuickBooks Desktop (especially the fairly comprehensive, comparatively affordable QuickBooks Pro Plus) is still an option for those who prefer desktops, QuickBooks Online is Intuit’s cloud-accounting software solution. QuickBooks is easily one of the most popular financial, tax, and accounting software options in the world. In contrast, both QuickBooks and FreshBooks offer small-business expense tracking up front. Plus, you can only track expenses with the priciest plan. You can send unlimited invoices and quotes with only the Growing and Established plans, which start at $37 and $70 a month, respectively. However, Xero's $13 a month plan limits you to entering only five bills and sending only 20 invoices a month. You don't have to pay extra to delegate responsibilities like bank reconciliation or expense tracking to another team member: time-saving collaboration is built into your price. Unlike nearly every other accounting solution (including QuickBooks and FreshBooks), all of Xero's accounting and inventory software plans include unlimited users. For the regular price of just $13 a month, Xero lets you send custom invoices, reconcile bank transactions, capture receipts for easier record keeping, and track inventory.īut as a small-business accounting tool, Xero really stands out on the collaboration front.

We love Xero for its robust features and low starting price.

BOOKKEEPING SOFTWARE FOR SMALL BUSINESS PROFESSIONAL

If you log more than a few transactions a month, the lack of automation adds major time and hassle-you’ll want the $40 a month (or $50, billed monthly) Professional plan instead. Instead, whenever you debit or credit an account, you’ll have to manually create an entry. Similarly, Zoho Books’s cheapest plan doesn’t include automatic journal entry creation.

BOOKKEEPING SOFTWARE FOR SMALL BUSINESS UPDATE

Instead, you have to manually update the payroll-related aspects of your books, which detracts from Zoho's primary perk of automation in a big way. And it doesn't integrate with third-party payroll providers either. Unfortunately, even though it’s a solid accounting tool, Zoho Books has one huge flaw: Zoho doesn't offer a payroll plan integration unless you live in California, Texas, or India. Zoho also offers discounts to nonprofits-one reason it's among our top financial management software picks for nonprofits that need true fund accounting. That’s a standout bargain, especially compared to FreshBooks' extra $10 per user per month. The cheapest plan includes three users, but you can also pay an extra $2.50 per month for each additional user. Otherwise, Zoho Books starts at $15 a month if you pay annually or $20 if you pay month to month. Here's the best part: if you make under $50K a year, you can take advantage of Zoho Books' free plan. Each Zoho product integrates easily with the rest, which means that along with accounting, you can use Zoho for project management, inventory management, and customer relationship management (CRM)-just for a start. Plus, Zoho Books is just one piece of software in the larger suite of Zoho products. Most notably, it lets you set automatic customer payment reminders, create recurring expense profiles, and manage 1099 contractors.

Zoho Books automates the most common (and, let's face it, boring) bookkeeping tasks-which means you can dedicate more time to your business and customers and less time to the tedious task of data entry.

Bookkeeping software for small business