When you look for accounting software for your business, it can be difficult to find the best software for your needs and requirements on account of the fact that there is just so much choice, with there being tons of software packages out there, all of which have their own special versions built for certain business need, and due to the fact that once you commit to one of these software, it is very cumbersome to move to another, making the right choice is essential for a smooth flow when it comes to the books of your business.
This article serves as a quick guide to some off the best accounting software packages out there to help you make an informed decision for your business!
What makes Zoho Books great is that it is extremely customisation on top of the fact that it supports many of the needed features for book keeping, including the ability to issue invoices, sort expenses, and track inventory, although it doesn’t currently have a payroll feature, so if you are in need of that, then you may need to look elsewhere.
Zoho is also extremely powerful as a platform, as it offers an enterprise grade CRM (Customer Relationship Management) tool along with facilities for creating documents in the cloud (similar to google docs) and also manage email, with all of this being part of a single “suite” which allows for extensive integration between each of these, meaning that a business leveraging all of these will have an extremely powerful tool for tracking and managing just about everything in their arsenal!
Currently Zoho Books offers a 14 day free trial with the monthly cost starting out at £6 per month.
Sage is a very big company that offers a lot of accountancy solutions for a large business, but for smaller businesses, Sage offers the Sage One package, which is built for smaller businesses while still offering all of the needed features such as invoicing, cashflow, and payroll.
Pricing for Sage One Accounting currently starts at £10 a month for the first 3 months of using the software, with the pricing then going to £20 a month after that, which is where the pricing stays.
Xero is another big player who offers a very powerful and extensive suite of accounting tools, that include features such as invoicing, inventory, payroll, and expense claims. Xero has been one of the market leaders for a long time, so you know the accounting software will pack a lot of punch.
Pricing starts at £10 a month, so is fairly affordable overall.
This is another piece of accounting software that has been around for a long time, and for a long time has been considered the ideal software for freelancers and small businesses, but has improved its software and processes with moving to the cloud and offering an SaaS model for using the software.
Pricing for QuickBooks is very affordable, with pricing for the basic package starting at £4 a month.
WaveApps is a slightly different piece of accounting software, with the price being free and features a lot of the same features as the other big players in the accounting software scene, this is the exception of PayRoll outside of the USA and Canada, but other than that it offers a lot of the same feature set so could be worth a look at for a cost free accounting system.
This article serves as a high level overview of some of the best accountancy software out there, but for additional advice from experts, then we recommenced Palmers Business Support, who are the accountants Tring businesses love working with for all of their accountancy and book keeping needs!