Are you tired of your boring 9 to 5 job and planning to start your own business? If so, then you need to plan everything very carefully.
Starting an own business is not an easy thing. You will require a lot of things to make everything function smoothly.
So today in this article we will be talking about one of the most important things that you will need to run your startup, which is a good accounting software.
Taking all the records of your bills and payments is very crucial in any business and to do that you will need a decent and an easy to function accounting software.
This article is not only beneficial for new entrepreneurs but it can help anyone who is looking for good accounting software. In this article, you will get a lot of options.
It’s all up to your choice and preference. So here we are giving you a list of 8 best accounting and invoicing software that everyone can use.
1. Wave
If you are thinking of starting a business or if you have just started your business, then we recommend you to use wave. It is perfect for all small scale businesses.
Another good point about the wave is that a lot of services in wave are free.
It synchronizes every details and information and helps in keeping your books up to date. You can use it if you want a basic and cost-effective accounting software.
2. NCH Express invoice
This software is perfect for everyone who doesn’t want to do a lot of calculations. It can be a very great option for those who manage everything on their own.
This software can help you in creating and tracking invoices.
It is also great for creating branded invoices. You can add multiple users and set recurring invoices.
3. GnuCash
This could be the perfect accounting software for those who don’t want to spend money on software.
This is open based software, which means that you can download it directly to your computer. This is one of the most flexible and user-friendly software that everyone can use.
It has a lot of inbuilt templates that can help you generate basic profit and loss and even complex reports very easily.
4. QuickFile
If you don’t have any experience in the field of accounting or if you are a beginner and learning now, then Quickfile is the perfect option for you.
It is one of the simplest and effortless accounting software available in the market.
Another best thing about this software is that it will give you a full tutorial when you will log in for the first time. It will explain everything step by step in a very detailed manner.
It also comes with a lot of features like you can upload all of your accounting details and you can also add payment options.
It will also create a backup of all of your files in every 15 minutes, so you don’t have to worry about losing any of your data.
5. GoDaddy Bookkeeping
If you are looking for a cost-effective accounting tool then GoDaddy bookkeeping is one of the best low-cost option available in the market.
You can also import data from your accounts and also from websites like eBay. If your business is on sites like amazon and ebay then it can be the perfect option for you.
It calculates the quarterly tax estimates and uses your data to create invoices.
6. AccountEdge pro
AccountEdge Pro is also a very good option.
It provides tools like double-entry accounting, from time billing, reporting to inventory and a lot more.
You have the power to customize everything.
7. Freshbooks
If your main aim is to find a software that can help you in creating and sending invoices then Freshbooks is the best option for you.
It is not complicated like other accounting tools. It can be a perfect tool for those who just want a simple and easy to use software.
This tool is also a great option for freelancers. You can use this tool in billing in any currency. It also allows credit paying options for customers.
8. Tiplati
If your business is tight deadline-driven, then tiplati can prove really beneficial for you. It will help you in issues like late payment and many more.
They can also help you in automating various operations related to finance and in around 190 countries, they can streamline payment processing.
It’ll even make sure that you are a tax compliant.
Invoicing Software Decision Tips
Everyone has a different requirement and you should also always choose accounting software that will make your work easy. You don’t have to go with high professional software. So here we are giving you some tips that you can use in choosing the perfect software for your business.
1- Don’t go over your budget
Keep this thing in mind that the accounting software is nothing but just a machine. You don’t need to go high end if you cannot afford it. The best thing that you can do if you budget is tight that you can choose a software that can help you to fulfill your basic needs and you can upgrade later.
2- You have to research carefully
There are a lot of software available in the market. Some are good and some are not that good. If you are purchasing software and giving your hard-earned money, then it is your job to find the best software possible. Don’t rush your decisions. Examine everything and choose wisely.
Conclusion
No matter what type of business you own, it is really important for you track all of your cash inflows and outflows.
Not everyone is good in accounting and for all of the people who are not that great in keeping records, a good accounting software can save you from any financial loss.
You can check out the list and pick one accounting software which is best for you and your business. We hope that after reading this article, you will find a suitable invoicing software for you. At last, we wish you the best of life. Good luck with your business.
