Maintaining the finances of a business can be grueling and challenging, most specially for the first-time business owner.
You have the option to hire an accountant to do the accounting and bookkeeping for you, but this will cost you a lot of money – not to mention, it tends to make you lenient and dependent.
If you want to save on cost and time, there are so many credible and affordable accounting softwares in the market that you can try. Using an accounting software means that you will still be able to monitor your business’s finances closely and do hands-on work but with the assistance of an accounting software.
To help you choose better, here’s a list of the 5 most affordable accounting softwares in the industry.
Wave Accounting is one of the few accounting softwares that offers their services for free. With completely zero payment, you’ll be able to use features which include unlimited expense tracking, unlimited invoicing, automated reports and bills and invoice reminders.
Wave Accounting will even provide you with a “Get Started Guide” so you can use the accounting software with ease. To check out more of accounting software’s services, you can read our Wave Accounting review or visit WaveAccounting.com.
Sage One is another accounting software that won’t ask you for anything for their accounting services. And although the software is totally free of charge, you can still get the best tools and services.
Some of them include customizable quotes and estimates, bank integration, share and collaboration tools and multi-currency support.
Xero is not just affordable, it’s also a one-of-a-kind accounting software with the most modern and reliable accounting features. For just $6.30 every month, you’ll be able to use time-saving tools such as a bank reconciliation tool, inventory management system, payroll management and built-in timesheets.
FreshBooks is a comprehensive and user-friendly accounting software which has the best value in terms of pricing and features. The accounting software is trusted by more than 5 million business owners worldwide – a testament of its outstanding service.
FreshBooks most basic plan is priced at $8.96 every month only. With this price you’ll be able to use the software’s time-saving tools such as the download feature, payment history tool, fast billing, daily dashboard and a mobile application.
QuickBooks Online has over 15 years of experience on its resume to prove its competence and credibility in the online accounting industry. It is the most popular among its counterparts with millions of users in all parts of the world.
At a price of $10.36/month, every entrepreneur can take advantage of QuickBooks awesome features which include a collaboration feature, multiple-user interface, free upgrade of your accounting plan and a mobile application.
Accounting softwares have done wonders for millions of entrepreneurs. Aside from being a cheaper option, compared to hiring an accountant, these softwares can perform accounting tasks double the time allowing you to have time for other business activities.
These five accounting softwares are not only affordable, they also offer the best services. Try them for yourself now!