Accounting is something that helps the members of an organization to understand the financial health of the business. Whether the business firm is small or large, every business establishment needs proper maintenance of books of accounts and keeping a regular check on the financial stability of the business. Accounting includes complex calculations of budgets, customer base, and the liabilities of the business firm. With growing concerns regarding the business progress and handling large accounts, most of the business establishments have switched to software for maintaining the books of accounts. There are hundreds of software available online for users in need of accounting software. To make the decision-making process simple, let us have a look at the top ten best accounting software for businesses.
Xero is a cloud-based accounting software. Many of the software for maintaining the books of accounts of a business started as desktop software. However, Xero was different. This software is useful for the users of MAC operating systems who could not use Quickbooks software on their platform. This software allows users to track the time and funds spent on various organizational projects and deals. Furthermore, the software has a premium version for low costs with excellent tools for accounting.
Quickbooks is the comprehensive software for maintaining the books of a large, medium, or small business establishment. The software has modern and progressed instruments for computing sales and has excellent features for creating invoices and sharing them with prospective clients. This software has been most favorable to the clients because of its capacity to track inventory and put reminders for payments. Besides, the software avails the users the option for accessing the database from portals on the cloud.
Known for its user-friendly interface, Freshbooks is a software that helps the users to perform accounting operations with excellent instruments and plenty of features. The software is cloud-based like, most of the other accounting software programs. It allows its users to create and access bills, track expenses and sales, and get reports regarding the performance of the business firm. One of the most flexible features of the software is that the billing is possible in any particular currency.
4. ZOHO BOOKS
Another software for maintaining the books of accounts of business establishments, Zoho Books, is an excellent and userfriendly interface. The software avails its users with the options for navigation, keeping a check on records, and transacting the forms. However, the software has no applications on the payroll. The software has excellent customization tools and caters to all the needs and requirements of the user for the maintenance of accounting records.
5. SAGE BUSINESS CLOUD ACCOUNTING
A sophisticated and comprehensive software, Sage Business Cloud Accounting software is suitable for recording the items and the maintenance of accounting records along with the contacts. The software is useful in managing the inventory of the organizations and offers several pricing options. The software is robust and has an exceptional bunch of instruments for financial calculations. Along with that, the software can integrate with Microsoft Office 365.
Another cloud-based accounting software, Wave, is a hugely popular accounting program for the users concerned about there books of accounts. The software is more popular as it provides excellent features for no cost at all. Yes! The software is available to be downloaded and installed for free. This software is well-designed and has extensive accounting services, creating invoices, maintaining receipts, and whatnot. Like some of the accounting software, this software does not include instruments for payroll.
7. GODADDY BOOKKEEPING
Well-designed software for bookkeeping, GoDaddy is a software that is best suitable for the online sellers in the market. The software has excellent features and instruments for booking in the paid version. This software includes all the features elementary for maintaining accounting records of the company. However, the drawback here is that the software does not have an interface for double-entry bookkeeping. The best option offered by this application is the maintenance of sales at cheap costs.
Vyapar is a comprehensive instrument for maintaining the books of accounts. This software is suitable mostly for small business establishments. With the extensive compatibility for GST calculations, the software helps the users to control sales and customize bills and invoices. This software is beneficial for the users as it avails the users for managing business parties on a single platform and makes the operations east. Furthermore, the software has a brilliant option of Auto backup for allowing the backup to happen automatically.
9. HORIZON ERP
Horizon ERO is a comprehensive accounting instrument that is known extensively for its fine calculations of GST. The software is most suitable for business that inclines in the manufacturing line. This software is a fabulous platform for keeping the process and operations of the business firm safe and without any complications. There are many complications face when accounts are handled by a professional. Furthermore, this software allows its users to schedule their assignments and manage the orders placed by parties.
10. TALLY.ERP 9
Tally.ERP 9 is excellent software for catering to all the requirements of a business firm. The software is most useful for maintaining GST calculations and records. The software is comprehensive and brilliant for analyzing profits, estimating the costs, creating bills, and ledgers. This software avails the users to manage their accounts most efficiently through the user-friendly interface. Furthermore, the software makes the operations of banking easy for you.