Saturday, October 11, 2014

5 Accounting Tools for Small Business / Zoho Books, Xero, Freshbooks, Kashoo, Quickbooks Online writes: Accounting software records and processes financial transactions related to the main functions of accounts payables & receivables, general ledger, billing, stock & inventory, as well as purchase and sales orders. There are many solutions available which can address anything from personal financial accounting for freelancers, as well as needs for business startups, SMEs, Mid-Size & large enterprises and global MNCs. For Small Businesses this software provides an automated solution for accountants and finance managers to monitor financial operations & performance, including reporting revenues and controlling cost allocations. Cloud based solutions for Small Business ensure cost effectiveness, centralized and secure control of financial operations, with universal access to financial information.

Zoho Books is an online accounting software developed by Zoho Corp. and is designed to help your business manage its finances in a smart way. With Zoho Books you can automate customer invoices & payment, expense tracking & vendor payments, track costing & bill services on projects, as well as analyze financial information with powerful data analytics.
Plus it is a double entry accounting system with automatic journal updates.
There is a free trial and you can convert to a paid version of only $24 per user per month to get unlimited access to all features for one business. For a small business this is a major selling point as you can utilize whatever you need, whenever you need it.

Xero Accounting software is provided by a company of the same name and is a leader in providing online accounting in a cloud platform.
It is focused on startups and small businesses and provides real time views of cash flow and business financial position in a simple, but elegant user interface. It provides easy bank reconciliation, automatic invoice generation and payment processing, as well as integration to a wide range of add-ons such as PayPal, SalesForce and Ebay to mention a few.
There is a free trial after which you can sign up for three pricing levels from $20, $30 and $40 per user per month. It is a perfect fit for small businesses with features that can be added as required with unlimited support and free updates.

FreshBooks designed by the same company is a leading provider of cloud accounting solutions for the service based industry in the small business market. Its features include online invoicing, expense & time tracking, financial reports & dashboards, as well as payment processing.
Everything a small business needs in one solution with a simple interface, accessibility on all mobile devices including your Smartphone and tablet, and automated data backups.
There is a free trial and a free plan for managing 1 client so you can evaluate the product thoroughly. The priced plans range from $20 – $40 per user per month depending on the number of clients and features you require.

Kashoo has developed a simple but useful accounting software of the same name. Specifically designed as a cloud solution for small business owners, it is setup so you need no accounting experience to run it, but can have full control on your business finances.
It allows easy collaboration and sharing of financial data, and provides powerful dashboards for financial analysis to get optimal business performance.
All major accounting features are available such as invoicing & expense tracking, as well as sales & order management. After the free trial the cost per user is $20 per month which is extremely affordable for a small business given the features provided and how easy it is to use.

Developed by Intuit, QuickBooks Online Edition is the latest cloud based offering of its popular and established accounting software. It allows you to track online sales, income and expenses easily with built in dashboards to show your business financial position.
You can create custom invoices, capture receipts via your Smartphone, sync your bank account data, add payroll if needed, and finally do online collaboration with your accountant for maintaining your financial data.
The tool is developed for small businesses to control and monitor their finances from anywhere cost-effectively. You get a free trial with per user price ranging from $13 – $40 per month based on the features you require.


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  2. The far reaching objective behind Intuit's turn to Europe is exclusively taking into account its worldwide development arrangement. Since the year 2012 when Intuit initially presented its QuickBooks bookkeeping programming in the UK market, it has been presenting overhauls and redesigned release each after an altered interim.

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