Best Accounting Software for Small Business in 2021
As a small business owner, you know how important it is to keep your finances in order. However, managing your finances can be time-consuming and overwhelming. That’s where accounting software comes in to make your life easier. In this article, we’ll look at the best accounting software for small business in 2021.
1. QuickBooks
QuickBooks is one of the most popular accounting software for small businesses. It is a cloud-based software that offers a range of features including invoicing, expense tracking, and financial reporting. QuickBooks also has a mobile app that allows you to manage your finances on the go. With its user-friendly interface, QuickBooks is ideal for small business owners who are new to accounting software.
2. Xero
Xero is another cloud-based accounting software that is popular among small businesses. It offers a range of features including invoicing, expense tracking, and financial reporting. Xero also integrates with over 800 third-party apps, making it easy to automate your accounting processes. With its easy-to-use interface and powerful features, Xero is a great choice for small businesses.
3. FreshBooks
FreshBooks is an accounting software that is designed for small businesses and freelancers. It offers a range of features including invoicing, time tracking, and expense management. FreshBooks also has a mobile app that allows you to manage your finances on the go. With its simple interface and powerful features, FreshBooks is a great choice for small businesses that need an easy-to-use accounting software.
4. Zoho Books
Zoho Books is a cloud-based accounting software that offers a range of features including invoicing, expense tracking, and financial reporting. Zoho Books also offers a range of integrations with other Zoho apps and third-party apps. With its powerful features and integrations, Zoho Books is a great choice for small businesses that need a flexible accounting software.
5. Wave
Wave is a free accounting software that offers a range of features including invoicing, expense tracking, and financial reporting. While Wave is free, it offers paid add-ons such as payment processing and payroll. With its simple interface and low cost, Wave is a great choice for small businesses that need a basic accounting software.
6. Sage 50cloud
Sage 50cloud is an accounting software that is designed for small and medium-sized businesses. It offers a range of features including invoicing, expense tracking, and financial reporting. Sage 50cloud also offers a range of integrations with other Sage apps and third-party apps. With its powerful features and integrations, Sage 50cloud is a great choice for small businesses that need a flexible accounting software.
7. KashFlow
KashFlow is a cloud-based accounting software that is designed for small businesses. It offers features such as invoicing, expense tracking, and financial reporting. KashFlow also offers integrations with other KashFlow apps and third-party apps. With its powerful features and integrations, KashFlow is a great choice for small businesses that need a flexible accounting software.
8. GoDaddy Bookkeeping
GoDaddy Bookkeeping is an accounting software that is designed for small businesses. It offers features such as invoicing, expense tracking, and financial reporting. GoDaddy Bookkeeping also has a mobile app that allows you to manage your finances on the go. With its simple interface and powerful features, GoDaddy Bookkeeping is a great choice for small businesses.
9. AccountEdge
AccountEdge is an accounting software that is designed for small businesses. It offers features such as invoicing, expense tracking, and financial reporting. AccountEdge also offers a range of integrations with other AccountEdge apps and third-party apps. With its powerful features and integrations, AccountEdge is a great choice for small businesses that need a flexible accounting software.
10. MYOB Essentials
MYOB Essentials is a cloud-based accounting software that is designed for small businesses. It offers features such as invoicing, expense tracking, and financial reporting. MYOB Essentials also offers a range of integrations with other MYOB apps and third-party apps. With its powerful features and integrations, MYOB Essentials is a great choice for small businesses that need a flexible accounting software.
11. FreeAgent
FreeAgent is an accounting software that is designed for small businesses. It offers features such as invoicing, expense tracking, and financial reporting. FreeAgent also offers integrations with other FreeAgent apps and third-party apps. With its powerful features and integrations, FreeAgent is a great choice for small businesses that need a flexible accounting software.
FAQs
1. What is accounting software?
Accounting software is a type of software that is designed to help businesses manage their finances. It allows businesses to track their income and expenses, create and send invoices, and generate financial reports.
2. Do I need accounting software for my small business?
Yes, accounting software can help you save time and money by automating your accounting processes. It can also help you stay organized and make better financial decisions.
3. How much does accounting software cost?
The cost of accounting software varies depending on the software and the features that you need. Some accounting software is free, while others can cost hundreds of dollars per month.
4. Can I use accounting software on my mobile device?
Yes, many accounting software offers mobile apps that allow you to manage your finances on the go.
5. Is it easy to learn how to use accounting software?
Yes, most accounting software is designed to be easy to use. Many software also offer tutorials and support to help you learn how to use the software.
Conclusion
Choosing the right accounting software for your small business is important. With so many options available, it can be overwhelming to decide which software is right for you. However, by considering your budget, needs, and goals, you can find the best accounting software for your business. We hope that our list of the top 11 accounting software for small businesses in 2021 has helped you find the right software for your business.
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