Best accounting software for small business

Kiwi Startup Does Impossible: Makes Accounting Fun - Forbes

How Do I Find the Best Small Business Accounting Software?

Small business accounting software ranges from introductory products that cover basic accounting to comprehensive, scalable solutions that do nearly everything. To find the best accounting software for your company, you need to have a basic idea of what you want the software to do. If you are an independent consultant, for example, you need to be able to invoice and track customers, but you do not need payroll or inventory modules. If you sell product, you need inventory tracking and the ability to track vendors. Although your needs may match up to a few accounting systems, we ranked products that excel in all areas the highest.

To help you make a decision, we checked the modules that particular versions include in the bundled bookkeeping software package. If the module can be added or is offered in another package, we marked the box with a dollar sign to indicate that it is available at an additional cost. We also listed other available services such as payment processing, electronic payment processing and payroll services should you need to integrate those types of services with the software.

Within this site, you will find an extensive side-by-side comparison above, up-to-date product reviews, system requirements, screenshots of the latest versions and articles related to small business accounting. To help you decide which accounting software is best for your company, read more about our top selections QuickBooks Pro, Sage 50 and DacEasy Small Business.

Accounting Software: What to Look For

Determining the best accounting solution for your company depends on the nature of your business. All companies require a way to track invoices, expenses, customers and payments. However, not all companies need to manage employees or inventory. Some companies plan to grow and others are content to stay small. Other considerations include how many people need to work with the software, whether you need to access the software from outside the office and what types of reporting capabilities you need to satisfy compliance or investor requirements. We considered all these things when we ranked the best accounting systems.

The best software provides all the modules you need to manage a small business, includes tools to make your life easier, offers extensive reporting and can grow with your business. For our accounting software reviews, we rated the top products using the following criteria:

Reporting & Analytics
Accountability is a prime reason for employing accounting software. Whether it is accountability to a board of directors, tax reviewers, managers or investors, reporting is essential. The best accounting software provides a wide-range of preconfigured reports and the ability to create custom reports. Some accounting software also provides small businesses with analysis tools, business-plan creators and forecasting tools. How easily you can share reports and formatting options for those reports are also important to consider.

General Accounting
All accounting software in this review includes basic accounting features such as accounts receivable, accounts payable, invoicing, billing, general ledger and purchasing. The products vary in how well they handle these functions and how their modules can be customized. Each module included in general accounting features may also vary between products. For example, some software provides accounts payable and accounts receivable as individual modules, and other applications provide them both in an integrated package.


2010-04-01 16:16:26 by needadvicenospam

Best software for personal & bus accounting?

I have a small earthmoving construction business.
and i have a few personal bank accounts.
i need a super easy way to keep up with it all.
i want to download my bank account into the software easily. this is most important. i dont want to manually enter it!
i am not an accounting expert.
i want to be able to send it to a certified public accountant every 3 months for tax reasons.
and id like to be able to know how much tax i am gonna pay in advance before i owe it!
any help?

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