Most Popular Bookkeeping Software

According to the dictionary bookkeeping is defined as the occupation of keeping the financial records of a company

. In simple terms it refers to keeping the track of monetary transactions, which includes income, sales, payments, purchases, etc for an organization or individual. Bookkeeping is often confused with accounting, but there is a lot of difference between both of them. While monetary transactions are recorded afresh in bookkeeping as and when they are carried out, they are later included in the reports in accounting process.

Efficient bookkeeping not only reduces the efforts of accounting but is also of immense use for the overall development of the company. Hence bookkeeping is considered as a very crucial job in any office. Due to increasing demand and competition, several bookkeeping softwares have been introduced by various companies. Some of the very popular bookkeeping softwares are listed below-

1. Sage Line 50: Sage line 50 is a bookkeeping-software from the house of Sage Group. It is used by millions of people all around the world. Through Sage line 50 one can manage VAT returns, control & allocate stocks, manage cash flow, deal with customers and suppliers on various financial issues and do much more. The sage group also provides a sage course for educating people for using Sage line50 software.

2. IRIS: It is yet another very popular bookkeeping-software, used by more than thirty thousand users across the world. It has been in existence from past 30 years and is now well recognized. It helps users to improve their businesses in a very subtle way. The distinct feature of IRIS is that it is available in a tailor made suite. Users may add or remove as per their requirements.

3. MYOB: MYOB is Australias number one bookkeeping software. If their website is to be believed then they have so far catered to the needs of over one million Kiwi and Aussie business houses. Just like other bookkeeping softwares MYOB also allows managing invoice, expenses, GST, cashflow etc. However it is known for its A-class customer support.

4. Quickbooks: It is a very user friendly bookkeeping-software but is limited to small business units. Ever since its introduction it has seen positive growth in its sales, which clearly indicates about the potential and efficiency of the software.

5. LaCerte: It is a bookkeeping-software that focuses narrowly on Tax. It helps users to finish even the most complicated tax issues, that too in less time. It has earned users trust over a period of time and hence people who use LaCaerte are generally quite confident of their tax calculations.

Out of the above mentioned bookkeeping-software, most of their service providers provide a training to get skilled in the softwares. A user can further avail two options for pursuing these training courses. For example Sage line 50 can be learnt by either Sage traditional coaching in classroom or by pursuing Sage online training.

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by: Alana

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