One of the most difficult tasks when starting a business in Georgia is keeping track of your startup’s finances and records. Financial management is such a big factor when it comes to the success of business that you simply can’t ignore it.
As a business owners, you have a great responsibility on your shoulder. You have to establish a systematic process of handling your finances, analyze and evaluate cashflow and place every monetary piece in its place.
It doesn’t just end there, you also need to make this information accessible. However, accounting and bookkeeping are two things that you can’t learn overnight; it’s even difficult to master them.
If you need assistance, you can use a small business accounting software to help you. Accounting software tools are one of the greatest innovations in business, they make the lives of entrepreneurs easier by helping them manage business accounting tasks. To help you get started, here are 5 accounting software solutions that you should check out!
FreshBooks is the most popular accounting software of all time. It has even surpassed QuickBooks in terms of popularity among entrepreneurs.
As a sought after accounting software, FreshBooks is known for its highly affordable pricing and modern and intuitive features which will efficiently assist you in financial management.
In a report by Forbes magazine, FreshBooks was dubbed as an “incredibly user-friendly” accounting software. The software basically makes accounting easier and simpler. Some of FreshBooks services, which you can take advantage of include the following features:
Like FreshBooks, Xero is also an accounting software that offers affordable pricing, however, it’s not only for this.
Xero is an outstanding accounting software and one of the most established in the industry. It is a reputable tool that comes next after the power accounting software, QuickBooks. Having been able to assist millions of entrepreneurs, the accounting software is popular worldwide.
With its excellent features, Xero is known as the best “QuickBooks alternative”. Some of its most notable features include the following:
QuickBooks Online is the pioneer accounting software that started it all. Used worldwide by businesses, accountants, professionals, educational institutions, private companies, banks and many others; QuickBooks has definitely laid the foundation for other newer accounting software tools.
QuickBooks is the longest running accounting software in the industry. It is highly recognized worldwide for its quality features and modern services, which is upgraded every year.
With its proven track record and excellent reputation, QuickBooks has earned the number one spot in the accounting market. Here are some of the software’s awesome features:
Zoho Books is a newer class of accounting software that offers modern and advanced tools and features.
If you’re a small business owner with no experience in accounting, Zoho Books may just be for you. It’s designed for small businesses and offers practical and time saving tools that will surely help you manage your finances well.
Zoho Books assures clients of quality service with the following features:
LessAccounting truly makes accounting a lot easier with its modern and useful features that will enable you to manage your business’s finances with utmost efficiency.
Although it’s a new accounting software, it has been recognized in the business industry as one of the most promising accounting software options – it’s highly advanced, intuitive and effective.
It doesn’t matter if you’re a new business owner or an experienced entrepreneur, keeping track of your finances is made easier with LessAccounting. Freelancers can use the accounting software for $20 every month, small and big businesses on the other hand have to pay $36 and $54 every month respectively.
Below is a list of LessAccounting’s impressive features:
To clear things out, accounting and bookkeeping are not mandatory requirements when starting a business in Georgia, however, you need to be diligent in handling your finances because this will be useful during tax period.
Tax period is one of the most grueling times of the year that entrepreneurs dread, but if you have the right Georgia accounting software in your business toolkit, you’ll be fully prepared during this time.
Look into and take advantage of the free trials of each of these resources. You’ll be glad you did!