Which are the top 10 accounting software for small business record keeping today?
There are various reasons behind the failure of a business unit and its activities. One of them is the unsystematic method for accounting for their financial records and income.
Apart from the fact that small business owners make cheap money mistakes, they don’t know how important it is to keep business records, daily.
One should keep up their record books regularly to be prepared for the most awful situations, such as going bankrupt.
Top 10 Accounting Software For Small Businesses
Here are the Top 10 accounting softwares for monitoring tax payments, compliance and regular operations:
1. QuickBooks
Quickbooks is the commonly used accounting software for business that expands as you grow. It offers 30 days free trial for its users.
The easy to use interface encourages you to make invoices easily. With this software, you can monitor tax credits and save money easily.
It offers all the resources you need for your company and is simple to use. It also comes in user-friendly versions designed to accommodate all your specific requirements.
QuickBooks services are aimed primarily at small-sized businesses, providing on-site accounting solutions and also cloud-based models that support business transactions, monitor and pay the bills.
2. Sage Intact
Sage Intacct is a cloud-based top accounting software that promises an uptime of 99.8 percent.
With complete financial control, it is safe and secure to use this software. It uses innovative features and updates several times per year, keeping customers updated with the competitive world of finance.
Without the hassle of handling software updates and database upgrades, you get smooth and quick-fire technology.
3. Zoho Books
Zoho Books is a hassle-free accounting software that provides payment reminders to individuals and entities.
This top accounting software also provides tools for performing faster payments, reports and recurring invoices.
Handle your clients and payments whilst keeping costs under control. With this software, you can register, track and review your savings in the real world-time with your auditor.
Zoho Books will help you to make smarter, more informed decisions and keep you on top of the international market. It is recently launched in India and mainly serves International markets.
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4. GrebCloud
GrebCloud is a top accounting software that keeps your items intact in your stores while you manage your products online.
Online merchants can deliver on more platforms by handling inventories, goods, and channels of distribution through markets such as Target, Walmart, Amazon and more.
You can manage your accounts, record sales, even run salaries with the aid of banking integration.
5. OnPay
For small-sized business enterprise, this top accounting software helps to automate tax returns and enter transaction data.
It can handle benefits like coverage for unemployment and your medical insurances. This accounting software can even forecast the income taxes, maintain the filings of tax forms, and pay taxes.
6. FreeAgent
FreeAgent accounting software can help in generating a lot of reports and tax documents.
If you would like to track your income and monitor receipts, then this top accounting software is best suited for you.
Customers can even link their bank account to FreeAgent to view productivity and income results.
Subscribe for a 30-day trial period for absolutely free and have a clear picture of any legal aspect of the small-medium sized company.
7. ClearTax
ClearTax is a cloud-based software. This software is the most trusted software by banks and business entities in India.
You can easily extract your returns anytime, anywhere with this user-friendly accounting software.
8. Biller Genie
This accounting software lets small-sized companies get paid quicker and reduce repetitive work.
This software is designed with automated billing functionalities to remind customers and clients to simplify invoicing operations.
Biller Genie eliminates administration costs and provides better customer satisfaction which makes it one of the top accounting software.
9. KPMG Spark
KPMG Spark is a complete business need and top accounting software for invoicing.
It allows you to change your bill into any configuration you require and also capable of sending bills through emails.
This spares a lot of time for the client. This software guarantees that your bank accounts are updated and all your taxes are paid on time.
10. Wave
Wave automates payroll and invoicing procedures, allowing customers to get free of obstacles that include tracking spending, tracking transactions, and controlling staffs and taxes.
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Conclusion on Top Accounting Softwares
To conclude, there are various approaches to oversee financials, for example, doing it manually (recording the transactions in a book), Electronic (using a spreadsheet) or bookkeeping software.
The whole intention of introducing this list of top 10 accounting software for small business was to simplify the tax procedure & minimize evasions.
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