7 Best Accounting and Billing Software for Business

Alka Saha for TechGYD writes: Accounting software help businesses to track and manage their budget, projects, clients, users, billings, payments, deadlines and progress. While big businesses generally have fully fledged accounting team to serve these purposes, small businesses do not have all these facilities.

It’s hard for any small business to allocate funds for accounting but still accounting is an important part. Fortunately, there are some good accounting software that can help you track your expenses, budgets, clients and other things efficiently.

These good accounting software automates the tasks and gives more insight into the business. We have listed the Top 7 Accounting and Billing software to assist you.

1. QuickBooks ($12.95 per month)

QuickBooks is ranked as the first accounting software for businesses because of its easy to use and time-saving interface.

People find it easy to use. They can very easily track their budget, expenses, pay bills, send invoices and many more things. It lets you add up to 5 users in single account. Though FreshBooks lets you add unlimited number of users which is a plus point for FreshBooks.

However, there is not such limitations for adding clients. You can add unlimited number of clients and manage them on QuickBooks. Along with doing your basic accounting tasks, QuickBooks keeps your online accounts safe. Create general invoices or customized invoices for your clients/customers with great ease.

QuickBooks is most efficient in saving your time. It can automatically pay your recurring bills, imports bank transactions, convert your estimates to invoices, help you in multi-currency billing etc.

Must Visit : Top 7 Free Invoicing Tools for your Business

2. FreshBooks ($19.95 per month)

FreshBooks is a very popular and efficient accounting software for businesses. It is not available for free but it you can have the trial version for free to check its features. It is platform-independent so you can access it from any device be it your laptop, computer, mobile or tablet. It even offers its own iOS and Android apps.

FreshBooks accounting software has got very good customer reviews and ratings. It has a powerful support system. With FreshBooks you can very easily track your expenses,  orcreate professional invoices for customers. You can add unlimited number of users and clients in the pro version.

Send unlimited invoices to your client. Create customized invoices. FreshBooks keeps your online accounts safe and secure. You can also manage other bills and pay them on time. It keeps backup of your data to handle disaster situations. For the recurring bills you can set it for automatic payments. If you have clients in multiple countries then with FreshBooks you can send them invoices in multiple currencies or pay in multiple-currencies.

3. NolaPro (free/$9.99/$39.99)

NolaPro is an online accounting software. Even the free version includes all the basic features that a small business would require. For more features upgrade for $10 per month.

There are numerous e-commerce tools, budgeting tools, real-time tracking, Payroll, inventory management, document management, manage multiple companies & clients, multiple user access, vendors,  secure transactions etc.

NolaPro also keeps backup of your data to ensure availability and security. Customize it to your needs.

4.TurboCASH5 (Free)

TurboCASH5 offers full-package of accounting tools for small businesses. It is an open source software which has more than 80,000 users around the globe.

With TurboCASH5, you get all the required features like invoicing, budgeting, stock control, debtors, creditors, VAT accounting, income statement, billing, payments, clients management etc.

You can get good online manuals and example books to use it more efficiently. As it is available for free so, give it a try.

5. GnuCash (Free)

GnuCash is an open source accounting software released in 1998. It has a very simple and user-friendly interface. Though it is available for free but it is still as powerful.

You can enter the transactions, track time and expenses, customer & supplier tracking, create & send invoices, schedule transaction support etc. With its interactive reporting tools you can see reports of your expenses in graphical form which is much easy to understand. Its versions are available for Windows, Mac, Linux and even Android.

6. Sage One ($9.00/month)

Sage One is the perfect fit accounting software for small-businesses. With its innovative features and ease of use Sage One not only saves your time but also makes your accounting much more easier.

From Freelancers to entrepreneurs, new comers and fresh startups anyone can use this service as a professional accounting software. Sage One can track your expenses and finances efficiently. It lets you add unlimited number of clients and users. Its price is also less than most of the accounting software listed here.

With Safe One, perform all the basic accounting tasks, make secure online transactions, create customized invoices, pay bills, manage documents and access your account from anywhere with its cross-platform feature.

7. AccountEdge ($10 per month)

AccountEdge is a very good all-in-one accounting and billing package for all small businesses. Easily manage your accounts, expenses, budget, payroll, clients, users, document management, bill payment etc.

You can get more than 200 pre-configured reporting and analytics.  It can do all the basic accounting functions with ease.