Best Small Business Financial Software for Mac

Are you looking for the best small business financial software for Mac? I generated this list to help fellow entrepreneurs and small business users choose the best accounting software for their needs.

Did you ever need to know which small business financial software is best for the mac? Well, don’t worry! Here is an article that will clear up all your questions!

Tipalti

Tipalti dashboard

Tipalti is a cloud payment automation and management software that helps simplify global mass payments. This makes the software suitable for companies with offices worldwide. Notably, you can accept payment in more than 190 countries, use 120 currency options, and rely on 6 payment methods, including PayPal, wire, local bank transfer, and debit card. Moreover, the software simplifies the daily task of ensuring that your company’s financial data and processes are timely, accurate, and easy to understand.

The software helps businesses avoid late payments, noncompliance, and over-tasking the accounting team. It also has flexible payment reconciliation, AP, and financial reporting features that work with a myriad of payment gateways and ERP systems.

The vendor also offers an appealing test drive of all software features is available to you.

Try out Tipalti with their free trialVISIT WEBSITEFREE TRIAL

With it, you can minimize, if not eliminate, downstream issues and human error, by letting suppliers input tax data directly in the Supplier Management portal. A Remittance Validation Engine, which monitors over 26,000 national and international standards, guarantees the integrity of supplier data.

 Sage Business Cloud

Websitewww.sage.comPrice from$25.00/moFree Trial30 Days

Best cloud accounting software for stable small businesses.

Best for:
Created for small businesses, Sage Business Cloud’s dashboard feature can help novice accountants keep track of their accounts payable easily, access reporting features, and enable other app integrations. A new business owner will find the simplicity and basic functions a good starting point for their financial operations, but users may find that Sage Business Cloud’s limited accounting features can hinder an organization’s ability to grow.

Key features:
Sage Business Cloud is designed to help businesses keep track of every cent coming into and going out of the organization. The simple dashboard enables easy cash flow forecasting, and customers can personalize and track their own invoices. Integrating Stripe Payments allows the business to get paid faster, and Stripe automatically tracks and updates what customers owe. The built-in reports allow the business owner to report on profit and loss, view balance sheets, and run other financial reports.

Sage Business Cloud offers two plans. The first package, Accounting Start, which is designed for sole proprietors and micro-businesses, allows only one user. Accounting Start includes very basic functionality—invoicing and receivables and a bank connection. The second plan, Accounting, supports an unlimited number of users, but only the subscriber has access to bank information. The Accounting package does open access to a number of important features, including accrual-based accounting, real-time reporting, and quotes and estimates.

Sage Business Cloud’s iOS and Android mobile apps allow users to pull data from anywhere, as well as capture receipts and automatically enter them from your dashboard. The AutoEntry feature, which is built into the mobile app at the higher subscription tier, automatically processes receipts and uses machine learning to remember categorizations, thus cutting down on manual data entry.

From the Products and Services tab, Sage Business Accounting users can monitor their inventory with ease—at no extra cost. Unlike other products, inventory management is a core feature, which is nice-to-have for small online sellers. However, even though the Sage Business Cloud model seems comprehensive, the time-saving automation isn’t as robust as other programs. In addition, some features aren’t as easy to use as competitors’ products, including the ability to edit journal entries.

That said, Sage Business Cloud Marketplace provides apps for integration in several categories. Users will recognize some common integrations, such as PieSync and NCR Small Business, and will appreciate the variety of other integrations that are available. And, both Sage Business Cloud plans provide access to one-on-one support from Sage Accounting experts.

Ease of use:
Sage’s “getting started” checklist is unique and especially helpful for new users and those unfamiliar with accounting software in general. Their dashboard keeps all information in one convenient and easily accessible place. The modern interface allows users to see what features are being used and how. Sage is not known for their customer support but they do offer live chats with professionals should customers have any questions.

Cost:
Sage Business Cloud offers two plans. The Accounting Start plan is inexpensive but very limited. The second plan, Accounting, offers several additional features, so it does cost more. Both plans are cost-effective overall, and Sage offers a free trial period and frequently offers short-term discounts.

Things we liked:

  • Easy to set up and navigate
  • Very good dashboard
  • Inventory management is built-in
  • Good reports options for the price
  • Stripe integration for payment processing

Things we didn’t like:

  • Automation is limited
  • The feature set is small compared to other products
  • Journal entries are hard to modify

FreshBooks

FreshBooks logo - Rebrand 2020.jpg

FreshBooks is an online accounting software application that works well for sole proprietors and freelancers.

The Retainers feature in FreshBooks also makes it ideal for attorneys, accountants, or any professional that charges their clients a retainer fee.

Offering a solo version and a team version, you can easily connect with other employees or contractors you work with.

One of the latest additions to FreshBooks is double-entry accounting, a must for a growing business. Other features found in FreshBooks include ACH payment acceptance, solid invoicing capability, the ability to track time, and the ability to create and manage projects.FreshBooks project creation screen with prompts to get started.

FreshBooks lets you handle projects, track time, and create and monitor project budgets.

You can also create estimates and proposals in FreshBooks, and connect the application to your bank accounts for easy expense management.

Payroll is not offered in FreshBooks, though it does integrate with Gusto Payroll, if you have employees to pay. FreshBooks also offers a mobile app for both iOS and Android devices.

FreshBooks offers four plans: Lite, Plus, Premium, and Select. The Lite plan is suitable if you’re self-employed, while the Premium plan is a good fit for small businesses. FreshBooks Lite runs $13.50/month, Plus is $22.50/month, and Premium is $45/month. Select custom pricing is available from the company.

Perhaps the biggest benefit of using FreshBooks is that you’ll actually use it. A lot of freelancers and self-employed folks can remain stubbornly attached to using a spreadsheet to manage their business finances, but FreshBooks is so easy to use, that you’ll actually use it.

Offering just enough features for small businesses without saddling you with a bunch you’ll never use, but have to pay for, FreshBooks is worth the minimal investment.

Conclusion

Small business finance software helps you manage your daily financial activities so you stay focused on running your business. Many finance apps run only on the Windows operating system, but there are some great choices for Mac users as well. One of the best small business financial software’s for Mac is Sage One Accounting  (formerly Sage one ERP and Sage small business) – a powerful yet easy-to-use Mac accounting software package that will help you run and grow your small business.

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