We’ve put together a list of six accounting apps that offer different features at affordable prices. Check them out and let us know which one is your favorite or if you use one that didn’t make our list.
1. LessAccounting
$36/month
This accounting app was built by entrepreneurs who wanted to spend less time on accounting and more time on their business. The app turned into a viable product and is beloved by entrepreneurs who dread accounting. It is a Cloud based web app that also works on the iPhone. LessAccounting does all the tasks of bookkeeping, including entering revenue and expenses, directly through a link from your bank or PayPal. It also sends invoices, tracks mileage, and calculates foreign exchange rates.
This accounting app was built by entrepreneurs who wanted to spend less time on accounting and more time on their business. The app turned into a viable product and is beloved by entrepreneurs who dread accounting. It is a Cloud based web app that also works on the iPhone. LessAccounting does all the tasks of bookkeeping, including entering revenue and expenses, directly through a link from your bank or PayPal. It also sends invoices, tracks mileage, and calculates foreign exchange rates.2.GoDaddy Online Bookkeeping
$9.95/month
Formerly known as Outright Plus, GoDaddy Online Bookkeeping is a convenient, simple Cloud based accounting app that links with your bank accounts and downloads transactions every night. The user codes recurring transactions so they are categorized correctly into expense accounts. The app offers profit and loss graphs to show you where your money is coming and going. It also offers a handy feature to pre-fill worksheets to help you fill out your Schedule C tax form. Users can sign up and start using Outright for free, then unlock the full version of Outright Plus for $9.95 a month to gain access to all of the features.
Formerly known as Outright Plus, GoDaddy Online Bookkeeping is a convenient, simple Cloud based accounting app that links with your bank accounts and downloads transactions every night. The user codes recurring transactions so they are categorized correctly into expense accounts. The app offers profit and loss graphs to show you where your money is coming and going. It also offers a handy feature to pre-fill worksheets to help you fill out your Schedule C tax form. Users can sign up and start using Outright for free, then unlock the full version of Outright Plus for $9.95 a month to gain access to all of the features.3. Wave
Free
Wave is a free Cloud based app that’s made for freelancers, consultants, and other businesses that have fewer than 10 employees. As with other apps, it eliminates manual entry by linking to your accounts. It creates balance sheets and sales reports and also offers modules for payroll, invoicing, and payments. Its selling feature is there are no tiers, meaning it’s free with no strings attached. Wave earns its revenue with advertisements so customers never pay for the service.
Wave is a free Cloud based app that’s made for freelancers, consultants, and other businesses that have fewer than 10 employees. As with other apps, it eliminates manual entry by linking to your accounts. It creates balance sheets and sales reports and also offers modules for payroll, invoicing, and payments. Its selling feature is there are no tiers, meaning it’s free with no strings attached. Wave earns its revenue with advertisements so customers never pay for the service.4. FreshBooks
$19.95/month
FreshBooks is one of the few accounting apps that can say it offers complete mobile access, offering alternatives for the iPad, iPhone, Android devices, etc. This mobility is FreshBooks’ selling point, as it allows users to log billable hours wherever they are. It also offers multiple payment options from your clients, boasting 12 payment gateways including credit cards. It’s slick timesheet feature allows the user to enter billable hours, non-billable hours, and categorize by project.
FreshBooks is one of the few accounting apps that can say it offers complete mobile access, offering alternatives for the iPad, iPhone, Android devices, etc. This mobility is FreshBooks’ selling point, as it allows users to log billable hours wherever they are. It also offers multiple payment options from your clients, boasting 12 payment gateways including credit cards. It’s slick timesheet feature allows the user to enter billable hours, non-billable hours, and categorize by project.5. Kashoo
$20 per month/$192 per year
Kashoo boasts it is the No.1 iPad accounting app in the app store. Kashoo’s Cloud based app offers invoicing, multicurrency functionality, and communication features so users can collaborate right from the app. You can enter your own expenses or link it to your bank account. There is also a feature to scan in receipts to attach to each expense item.
Kashoo boasts it is the No.1 iPad accounting app in the app store. Kashoo’s Cloud based app offers invoicing, multicurrency functionality, and communication features so users can collaborate right from the app. You can enter your own expenses or link it to your bank account. There is also a feature to scan in receipts to attach to each expense item.6. Monchilla
$5-$10/month
Monchilla is a simple program that offers pro forma reports based on if-then analyses. Users enter a scenario like “If I increased advertising expense by 10 percent, what would happen to my profit margin?” The system predicts your revenue and each expense item that would be affected. Monchilla bases its forecasts on aggregated recurring transactions from banks. The app also offers invoicing and payroll direct deposit. It does not link to your bank accounts, however, but does link to your QuickBooks account.
Monchilla is a simple program that offers pro forma reports based on if-then analyses. Users enter a scenario like “If I increased advertising expense by 10 percent, what would happen to my profit margin?” The system predicts your revenue and each expense item that would be affected. Monchilla bases its forecasts on aggregated recurring transactions from banks. The app also offers invoicing and payroll direct deposit. It does not link to your bank accounts, however, but does link to your QuickBooks account.
The best accounting app will achieve your particular goal. Each app above does something a little different that makes it stand out from the others. If you’re looking for the ultimate mobility solution, FreshBooks is your best bet while Kashoo is great for in-app collaboration. Whichever you choose, all offer a pay-as-you go option, so the risk is minimal.
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Valentine Belonwu writes: According to Apple, customers download more than 800 apps per second. How do you choose the apps you will download? Some people look for entertainment, some look for education, and some look for news. If you are paying good money for your cell phone plan, you should be making it work for you. Here are 10 of the best accounting apps available:
1.LessAccounting
The iPhone app is free to install, and it works cohesively with PayPal. You can connect the application to your online banking center and the credit cards you choose. One of the favorite options among users is the ability to compare what you’ve spent this month with what you spent last month.
2.QuickBooks Mobile
If you are in charge of the finances for your company, you need the QuickBooks app. The app connects to the brand’s online software, allowing you to complete your tasks from anywhere you see fit. One of the biggest benefits is the ability to create invoices and estimates from where you stand.
3.Shoeboxed
Do you have a drawer full of receipts that you can’t seem to organize? The Shoeboxed app allows you to take a photo of your receipt, upload it to your Shoebox account and store it for use later. The app is incredibly useful when it comes time to fill out your taxes. It takes some getting used to; throwing away your receipts, that is. But once you start scanning instead of saving, you’ll wonder why you didn’t think of it sooner.
4.PayPal
The PayPal app works in the same way as your banking app. You can accept and send payments via your app, keep track of your transactions, and send invoices to clients. With a PayPal debit card, you may quickly find that PayPal is your go-to financial center for your personal and business needs.
5.InDinero
Use InDinero to control your personal finances or to keep track of money coming and going in your company. The app pulls bank and credit card statements, puts expenses into proper categories, and prepares various financial reports for you. The app also tracks your monthly spending habits, sends you a report, and helps you set up a budget.
6.Mint
If you need to take control your personal budget, you better install Mint on your mobile device. Mint allows you to upload your income and expenses. When you purchase something at the store, input it and the app instantly tells you your bank balance. The app is customizable, allowing each customer to use it to their advantage.
7.Debt Dog
For many people, credit cards are the go-to when it comes to making a purchase. With the Debt Dog app, you can figure out if buying an item on sale with your credit card is really saving you money. For example, while an item may be on sale for 30 percent off, the interest rate you end up paying by using your credit card may far overshadow any money you would save.
8.iExpensonline
Don’t live with the train wreck of finances you’ve created for yourself. Instead, install this app and get yourself back on track. Everyone knows that eating in and cutting the cable bill can help save money; this app offers more unique advice provided by real-life financial advisors. The app helps you make plans for your financial health, set targets and prioritize expenses.
9.BillTracker
If you’re one of those people that has good intentions and bad follow-through, BillTracker is for you. The app allows you to keep track of your bills, keeps a record of when they were paid last, and helps you see when they are do again. The app also allows you to store the contact information and addresses of all of your payees.
10.moneyStrands
The moneyStrands app shows you your balances in one place. Keep an eye on your accounts on one simple, easy-to-use application. Customizable alerts, the ability to add and delete budgets, and individual account tracking, the app is absolutely fantastic for personal use.
Don’t let your smartphone sit idly by while your finances take a tumble. Whether you need help with your personal or business finances, any of these 10 apps can be of assistance. Install several and see which you find the most useful; there’s sure to be at least one that can help you organize your finances.
Nice Article. Thank you for sharing this information. To make the work easier you can use invoice estimate app which helps in creating invoices instantly.
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