When it comes to running a business, one of the most important pieces of software you can invest in is accounting software. No matter the type of business, be it a marketing business like us or a bowling alley, has to keep track of money going in and out, expenses, profitability and of course, taxes. For this reason, businesses invest in various types of accounting software. Below we have highlighted Quickbooks, Freshbooks and LeaseAccelerator.
Quickbooks is a market leader in small business accounting software. The software is easy to use and can be accessed on many devices, making it perfect for entrepreneurs who are always on the go. Additionally, Quickbooks offers features like invoicing, tracking time and expenses and creating reports.
Quickbooks is a great option for businesses that want to manage their finances and taxes all in one place. The software is also affordable, making it a good value for small businesses. Lastly, the software is highly user-intuitive.
Freshbooks is a cloud-based accounting software that is perfect for freelancers and small businesses. The software is easy to use and offers features like invoicing, tracking time and expenses, creating reports and more. What’s more, Freshbooks integrates with many popular apps like PayPal, Google Drive and more, making it a great choice for businesses that rely on multiple platforms.
Freshbooks is on this list because it is a great value for the money. The software is affordable and offers many features that businesses need to keep track of their finances. Additionally, Freshbooks is easy to use, making it a good choice for entrepreneurs who are not accounting experts.
LeaseAccelerator is lease management software that helps businesses manage their leases effectively. The software offers features like automatic lease renewals, contract tracking and more. Additionally, LeaseAccelerator integrates with popular accounting software like QuickBooks, making it easy for businesses to get a complete view of their lease data.
Finally, if you prefer to manage your accounting in a DIY fashion, look to reliable old Excel from Microsoft. While it will save you money compared to subscribing to an accounting software, it will require you to handle all of your information manually. If you have the time and not a lot of information to track, Excel could be the option for you.
Leave It to a Pro
Once you have your business established and running like a well-oiled machine, you’re going to get busy. The business will demand more of your time and you may not be able to manage accounting duties anymore. Businesses that reach this point in their growth turn to the help of a professional bookkeeping and accounting firm.
These businesses can take care of all of your accounting needs and ensure that everything is in order for tax season. The cost of an accountant will vary depending on the size and complexity of your business, but it is an investment that will pay off in the long run.
Support with Business Taxes
Another benefit of hiring an accounting firm is that they will handle your business taxes as well. Business taxes are a complex and daunting task, but with the help of an accountant, you can be sure that everything is done correctly and on time.
There are many different types of accounting software on the market, but the three we have highlighted here are some of the most popular and reliable options.