5 Accounting Software Options For Small Businesses

As a small business owner it is imperative that you have a way to track where money is coming in and where its going out

. This is where small business accounting software becomes useful. Accounting software allows you to see where the trends are and gives you the opportunity to take advantage of financial opportunities as they become apparent. Take a look at these five accounting software options for small businesses before choosing one to use for your accounting needs.

QuickBooks Pro This software is designed specifically for the needs of small business. It allows you to see vender, employee and customer information in one location. It also includes features that enable you to track sales and documents. Another useful feature is the calendar view. It places your to-do list, business responsibilities and appointments on a single page. This ensures you never miss an important task.

Sage 50 Accounting 2013 Previously known as Peachtree, Sage 50 is one of the oldest and well-established names in accounting software. Features include creating invoices, monitoring cash-flow, job and inventory management and bill pay. The interface is customizable to give you easy access to the features you access most often. It also helps you keep your information organized with the vendor management, inventory management, customer management and business status centers.

Xero is a cloud based accounting solution. Instead of installing the software on your computer, it remains on a server that you can access from any computer with an Internet connection. It is ideal for companies that have from 0 to 50 employees and avoids using complicating accounting lingo that has a tendency to be confusing to some. It offers features including reporting, invoicing and bill payments and an expense reporting tools.

FreshBooks is another cloud based accounting option. It is primarily marketed towards independent contractors and service providers. It includes options to handle recurrent billing, billable hours logging, expense tracking and tax reporting.

Outright is yet another cloud option for small businesses. Its best suited for online sellers and freelancers. It automatically downloads your financial information including credit card statements, PayPal and eBay transactions and bank account information. It also includes an iPhone app to make the data accessible wherever you are.

Finances are an essential part of owning and operating a business. Use small business accounting software to manage where cash is coming in and going out with ease.

by: George Jones

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