50+ countries
across the world

Outsourcing leader
since 2008


quality processes

Major Accounting Software Available These Days

Last updated: 27 Nov, 2019 By | 6 Minutes Read

As the owner of a small-scale business, you don’t have to use costly accounting software programs or stress yourself with complex reports. With the cloud accounting solutions available on the market today, the complete accounting process has grown to be less complicated.

Not just can you get your general ledger put together; you can also obtain invoices as well as check out your purchase history or perhaps company stocks. You will additionally not have to be concerned regarding data back-ups or updates since these are going to be looked after by the seller.

Listed below are 3 cloud accounting software choices that not just cost you a meager $20 monthly, however, are usually user-friendly and uncomplicated for the entrepreneurs with minimal expertise in managing accounting tasks:

Xero Accounting Software :

With Xero, it is possible to verify your cash flow in real-time as well as provide access among your company staff. Using the dash panel, you can take a look at your payments, account balances, invoices and even expenditure statements at one place. Data accounts can even be checked from the dashboard.

Xero’s outstanding functionality of online collaborations can allow all your staff to function as a team on your accounts. You may also share your details with your accountant and seek their suggestions.

It is possible to invite as many people as you want at no cost, whilst still keeping control over what each individual is able to view. By means of its invoicing technique, it is possible to offer customers with online invoicing.

Xero may also be utilized to plan payments and keep track of credits/returns. Xero is valued at $19 a month and also includes an easy-to-use mobile app.

FreshBooks Accounting Software :

FreshBooks is an extremely hassle-free cloud accounting software that can assist you in organizing your business and receive money in a timely manner. Considering that FreshBooks is managed online, it is possible to instantly access your data from anywhere, be it from your mobile phone or even PC. Your information is going to be kept secure and consistently backed-up.

An additional effective feature that this software program provides is its methodical wizard and tooltip boxes that show up whenever you carry out any new tasks such as setting up a new customer to your account or generating a new statement.

The fundamental program begins at $19.95 monthly and includes a free trial for thirty days. From the add-on store, you are able to incorporate new features and functions to FreshBooks.

QuickBooks Online :

QuickBooks accounting software has grown to be identified with business accounting, with QuickBooks Online as a cloud accounting software for bookkeeping needs of small business owners. The online version amounts to $12.95 monthly and includes an absolutely free trial for thirty days.

With the help of this software program, it really is easy to monitor sales/expenses, obtain banking transactions, generate invoices or perhaps gain access to data from a mobile device.

You can even print checks or export details into Microsoft Excel. With the choice of several add-ons, you can include a payroll bundle to compensate your assets or a merchant service app that can acknowledge credit/debit cards as well as checks.

Which one of the above-mentioned cloud-accounting software programs do you wish to try? Let us know about the same by leaving a remark in the comments section below. We, at Cogneesol, feel happy to hear from you!

Learn more about outsourcing accounting services to Cogneesol by calling us at +1 646 688 2821.

Latest Blogs

When Should CPAs Consider Outsourced Accounting Services?
Read More

Avoid Bookkeeping Backlogs – Best Practices for Up-to-date Accounting

Read More

Contract Management in the New Era – Challenges and Opportunities

Read More

Real Estate Accounting Hurdles: Top Challenges and Solutions [Infographic]

Read More

How Legal Support Services Can Propel Growth for Law Firms

Read More

Insurers’ Priorities to Overcome ‘New-World’ Challenges

Read More