There are millions of businesses worldwide. There are hundreds of business management software available in the market. Here is the list of Top 10 Best Accounting Software for Small Businesses, Large Businesses and Non Profits organizations.
Accounting is not the easiest thing to the lots of people. It can be stressful and even frustrating at times. If you have a business that has a lot of accounting then it might be a good idea for you to switch to an accounting software program. The following are Top 10 Best Accounting Software .
Sage 50cloud Accounting
Previously known as Peachtree Software, Sage 50cloud Accounting is a hybrid solution that is installed on-premise, but also includes an option to connect to the application remotely if necessary.
Sage 50cloud Accounting is a good choice for small and growing businesses, with multiple plans available. Sage 50cloud Accounting includes a solid inventory module and offers integration with multiple point-of-sale (POS) applications, which makes it particularly suitable for retailers.
Sage 50cloud Accounting offers excellent vendor management capability.
Sage 50cloud Accounting allows you to connect your bank accounts or track your business expenses in a more traditional fashion. The application also includes excellent customer management and sales management, including the ability to accept online payments. You also have the option to pay your vendors electronically, or by printing checks for mailing.
The Inventory module in Sage 50cloud Accounting includes multiple pricing levels along with user-defined fields for tracking additional information. Two payroll options, Essentials and Full-Service, are available, and reporting options are top-notch.
Sage 50cloud Accounting also includes a mobile app for both iOS and Android devices.
Sage 50cloud Accounting offers three plans: Pro, Premium, and Quantum, with yearly pricing starting at $340 for the Pro plan. The Premium plan, which most small businesses would likely benefit from, costs $510/year, while Quantum pricing runs $842/year.
With three plans available, Sage 50cloud Accounting can be beneficial to growing businesses.
Integration with Microsoft 365 offers easy online accessibility, and access to POS and inventory features makes this application particularly useful for both brick-and-mortar retailers as well as those who sell products online.
VT Cash Book
Free bookkeeping software for accounts
TODAY’S BEST DEALSVISIT SITE
REASONS TO BUY
+No-fuss accounting+Can be used to prepare VAT returns
REASONS TO AVOID
-Graphics are ‘no frills’
It’s not going to win any awards for aesthetics, but VT Cash Book isn’t there to look good: its priority is to record day to day cash transactions with the least amount of fuss. It uses Autocomplete to speed up data entry, supports multiple bank accounts and bank reconciliation, can be used to prepare VAT returns and enables you to create profit and loss, balance sheets and ledgers.
The free accounting software installs alongside its companion program, the paid-for VT Transaction+, but you don’t need to buy the latter to use the former.
Deskera Books
» Why You Should Buy This:
Deskera Books is an all-in-one solution that can change the way you operate your business, making it more organized. It is not only an online accounting system but also doubles up as your go-to invoicing and inventory software. It includes every possible feature that you may need to streamline your accounts as a business owner.
With Deskera Books, you can manage your orders and sales, as well as monitor the inventory levels in real-time. The software makes it easy to create quotations, invoices, manage receipts and payments, and still adhere to all the compliance needs. You may rely on its accurate reporting functions to refrain from making any decision that does not seem viable financially.
» Who Is It For:
Deskera Books serves a variety of users with its robust features and different plans. It suits the distinct needs of start-ups, small to medium-sized and growing businesses, as well as established professionals. Thus, no matter if your accounting needs are limited or complex, the system has a piece to offer to every kind of user bracket.
The software is especially helpful for businesses that are just starting out or are small businesses. It automates and systematizes your books without you having to hire an accountant.
» Why We Picked It:
We chose Deskera Books for the abundance of features it packs into its single solution. Right from tracking and managing inventory to seamless bank reconciliation to sales and order management, you get everything at the tip of your fingers. What’s more, the system offers multiple currencies, making it even simpler for businesses to carry out accounting for foreign currency transactions.
Plus, it automates your journal entries and makes it swifter to move funds between accounts. Since it is based on the traditional double-entry accounting system, it becomes easy to get the hang of things. You can issue credit notes, track expenses and deposits, and leverage the dashboard to gain an overall idea of your current financial state. A dedicated mobile app for both iOS and Android acts as a cherry on the cake.
» Pricing Details:
Deskera’s accounting software is available in four varying plans as follows:
› The Startup plan costs around 14.65 USD per user/month
› The Essential plan costs around $33.31/user/month
› The Professional plan costs around $53.31/user/month
› The Enterprise plan comes in at a custom pricing
You can also go for the 15-day trial for your preferred plan before making a purchase.
» Pros and Cons:
Pros:
› Easy to set up and get started
› Simplified data imports
› Compliance with standard financial and tax laws
› Support to multiple currencies
› Unparalleled accuracy in business books and financial reporting
› Integration with more than 2000 apps
› End-to-end handling of purchase and sales transactions, along with inventory management
› Quick & easy to sync with bank accounts
› Anywhere access and a dedicated mobile app
› Saves time, money and resources with automation
Cons:
› Quite expensive as its pricing increases with the number of users
» Reviews & Ratings:
It has garnered a lot of amazing reviews from its varying set of users for the powerful features it offers. Reading only a few of them will paint the right picture for you. So, here it is:
» Capterra: 4.5/5 » G2crowd: 4.5/5 » GetApp: 4.5/5
» Conclusion:
Deskera Books is a promising online accounting software for small businesses. It empowers entrepreneurs and professionals to better handle their books of accounts without having to compromise with accuracy, efficiency or regulations.
“My company, Conceptia, is a Management Consultancy based in Houston, Texas. I offer change management consulting and coaching services to oil and gas companies. I’m a long time Quickbooks user that has been wanting to leave them but could not find anything even remotely comparable to them until now! I think Deskera has a lot of promise and potential and checks a lot of the boxes I’m looking for: Accounting, Invoicing and a CRM! Anyways, I just wanted to say hello to everyone. Looking forward to learning and sharing with this ambitious group.”
– Steve Pinckney
Conclusion
We are presenting here an unbiased list of top 10 best accounting software for small businesses. Accounting is the only department where every business out there must have a sharp eye to make a comfortable living. Added with a massive growth in Online Bookkeeping and Accounting, the level of competition in the market has increased tremendously in the past decade. During this era of professional online accounting software, numbers speak louder than words when it comes to convincing your customer base about your company’s credibility. I hope after going through this article you will be able to make a wise decision when it comes to choosing the right accounting software for yourself or your clients.