It takes quite a bit of time and energy to run a business. Owners and operators of businesses often find themselves overwhelmed with the day-to-day tasks that need to be completed in order to keep a business on its feet. Many of these tasks involve numbers and accounting, which can be very time consuming. Here are a few suggestions of accounting tools you can use that will help you manage your numbers as well as your time:
This cloud-based software is a great solution for small business owners looking to manage everything from bank accounts to payroll and everything in between. Users have the ability to generate reports, create invoices and process payments. You can print invoices directly from Freshbooks and accept credit card payments. It is easy to use and is fairly inexpensive at only $19.95 a month.
Here’s software that is more specific to small business owners. Using Xero, business owners can track sales, generate recurring invoices, schedule payments, process payroll and prepare W2’s and 1099’s. It also has the capability to capture receipts and view financial information. You can also find integrate with other apps such as PayPal, Square and Vend to help you create a more client-focused experience.
Perfect for those businesses who just need a simple solution for invoicing and accepting payments. Use Sage One to send invoices to customers, including overdue notices and payment reminders. You can make credit card payments through the Sage Payment Solutions or PayPal. You can also upgrade to Sage One Accounting. This gives you access to views of your business finances at a glance as well as categorize income and expenses. Sage One also has features for project management, report generation and time tracking.
There’s a good reason why most everyone has heard of QuickBooks. It is possibly the most popular accounting software for businesses of all sizes. Not only is the software available on your desktop, but also on your mobile devices. That gives you easy access to almost every accounting task you can think of for your business. Create custom invoices, generate reports, process payroll, accept payments and sync with your bank accounts all through this simple and trusted software that is widely recognized as the accounting software for small businesses.
These are just a few ideas of tools you can use to help you stay on top of the accounting tasks associated with running a small business. There are others to choose from as well. Some are more time consuming or may cost more money. If you ever have questions about what type of software to use or need help in managing your accounting tasks, please give Hacker Accounting a call.