Most of the best accounting software systems are more similar in their basic structure and different in terms of features. There are some modules like general ledger management, invoicing and payment processing which are common for all.
Accounting is one of an integral part of any business, which maintains expenses and income records to streamline financial operations. The importance of accounting cannot be underestimated. It has resulted in the development of accounting software, which aid accountants and personals in recording and reporting business transactions. In the olden days these accounting options are managed manually through big ledgers and need more efforts to manage the accounting process but nowadays automated accounting software helps us to do our work very easily.
Zoho Books is the best cloud accounting software for all businesses today. It streamlines business transactions, tracks income and expenses, automates business processes, connects with systems like CRM, Inventory, Subscription tools and is available on all mobile platforms - iOS, Android, Windows. It is well suited for sole proprietors, freelancers, consultants, artists, and individuals operating ecommerce and home-based businesses in 2018. It’s pricing starts from $9 per month only.
Xero offers easy to use online accounting software for SMBs and individuals to do their overall accounting needs. It is a cloud based software, so it can be accessible on any computer or mobile device through a standard web browser or Xero Touch mobile app. It allows business owners or any other users like individuals, financial advisors to do their financial needs in real-time, from any location. The company has more than 715,000 paying customers in more than 180 countries. Its pricing starts from $9 for month.
Wave is one of the best free accounting software that offers superior quality like some of the paid accounting systems. It is well suited for small business with less than 10 employees and also works for individuals, self-employed, freelancers and consultants. Its simple dashboard and ease access offers premium quality to the users. Since it is free, it charges $15 per month for payroll.
QuickBooks Online is also a cloud accounting software, which is a part of Intuit Quickbooks community that targets small and medium businesses to organize all their financial needs in one place. Users can run their entire business with this cloud accounting package that manages business payments, pay bills and payroll functions in a secure way. Intuit offers patches and upgrades the software regularly. Its pricing starts from $10 for month.
So there you have it our top 4 best accounting software in 2018, but if you’re a small business owner and would like to know what options are available to you, check out this top 7 best accounting software for small businesses. Every provider has its own positives and negatives, but one is bound to suit all your needs.
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