Every businessman needs to maintain some accounting task that may involve processing payroll, taxes, payment, etc. Nowadays you will get various types of tools that will help you to perform many accounting tasks such as creating the invoice, payroll, payment, etc. That is the reason why every businessman must have an accounting tool that will make their job of accounting easier and saves their time. But in the market, you will get a lot of accounting tools and every manufacturer claims to be the best and this makes people confused about which one to buy. That is the reason why we have come up with here in this post laptops reviewed which will certainly help you to choose the best one.
Best Accounting Tools You Must Have
The following are some best accounting tools that are worth purchasing for your business:
#1. Sage Accounting
This is one of the best accounting software that is ideal for doing any type of accounting calculation. With this tool, you will be able to record income and expenses as well as can perform the bank reconciliation. For doing all these things you will need to subscribe to the starter package for which just need to pay $10 per month. But in case you need some more functionality then you can upgrade your subscription to $25 per month which will help you to get an overview of business financial condition, cash flow, forecasting, and bill vendors.
#2. Freshbook
This is another most popular accounting tool for small business owners. With the help of this accounting tool, you will be able to do various accounting tasks such as integrating with the bank account, processing the payroll, generating the financial report, keeping track of timesheets, etc. The best thing about this accounting tool is that you can get a trial period for 30 days while purchasing this tool. Thereafter if you like it you can purchase the tool for $15 per month. But if you take the subscription for six months you will get 60% off for the Lite, Plus, and Premium plans.
#3. QuickBooks Online
This is one of the best accounting tools in the world. With this accounting tool, the business owner can create the balance sheet, keep the invoice record, get profit and loss statements, etc. In this tool, you will also be able to check your financial data and records or financial report on the dashboard. Apart from that, you will also be able to generate invoices, process the payroll, get an online payment receipt, etc. The price that you need to avail of this tool depends on the plan that you have subscribed but it normally ranges from $5 to $28 per month.
#4. Xero
This is another most potential accounting tool that is ideal for all kinds of small businesses. This software comes up with an intuitive dashboard where you will get the financial overview of your business. With the help of this tool, you will be able to create a standard and custom-built report, invoice, payroll, business report, business expense processing, bank account syncing, etc. You will get a 30-days trial period and thereafter you can avail the basic package at $9. The best thing about this accounting tool is that you can add as many users as you want without requiring any fees.
#5. Sighted
This is another most renowned name when it comes to an accounting tool and this tool is the best for freelancers and solo entrepreneurs. Though this is a simple tool, it is very powerful and you will be able to create the invoice, track the expense of your business, integrate the online payment system, manage client and merchant information, etc. This tool is available in three different pricing levels and you also avail Premium subscription that you can pay for monthly, quarterly, and annually.
#6. Accounting Edge Pro
This is another most demanding and favorite accounting tool that has both on-premise and cloud access. This type of tool is highly suitable for a small and growing business. The best thing about this accounting tool is that you can choose both the desktop application as well as can have online access.