So, what exactly is the best software for accounting? This may look like a simple question with a simple answer, but the truth is there are countless different types of accounting software so it can be quite a complex decision to make. From enterprise level business systems that cost thousands of pounds to cheap online versions, which one is right for you and your business?
There are a lot of software applications that can be used for basic accounting functions. But there is only one software application that is considered to be the best in terms of cost, ease of use and ability to use cloud-based technology: XERO. The Best Software for Accounting is XERO
Sage Business Cloud Accounting: Best customer service
Most responsive customer serviceSage
3.6
- Starting at $10.00/mo.
Mobile expense tracking
Mobile invoice follow-ups and customer reminders
Users limited by plan
Data as of 12/15/21. Offers and availability may vary by location and are subject to change.
App Store rating: 4.4 stars (30 reviews)9
Google Play rating: 3.2 stars (279 reviews)10
Sage Business Cloud Accounting—formerly Sage One—is a thorough accounting application with a wide array of mobile capabilities. Whether you’re using the cloud-based software or the app, Sage’s interface is extremely user friendly with colorful, easy-to-read dashboard reports.
Sage also has a fairly solid customer service team: you can call, chat, or email customer support. Its stand-out customer service option is Sage University, an online series of financial courses for business owners. Most small-business owners who use accounting apps don’t have an extensive bookkeeping background, so we like that Sage doesn’t just provide a user-friendly app—it also gives users the tools to effectively use that app to manage their businesses.
Sage Business Cloud Accounting has two price points: $10 per month and $25 per month. The basic $10 plan only allows for one user, and its features are comparatively limited. (For instance, inventory management is included with the pricier plan only.) And while the low starting price is good for freelancers, the app doesn’t have built-in mileage tracking, so contractors who travel for work should probably look for a different accounting platform.
Still, the app is fully featured regardless of the plan you choose—especially for invoicing. You can use it to create and send invoices, generate estimates and quotes, and follow up with customers who have overdue invoices. The app also has a solid expense-tracking service that includes thorough transaction records.StrengthsLow starting price
Online financial education courses
Thorough mobile invoicing, including overdue invoice notificationsWeaknesses
Declining Android reviews
Limited features with cheapest plan
Only a handful of iOS app users
AlignBooks
» Why You Should Buy This:
AlignBooks provides you with a simple user experience to let you handle your accounting, as well as billing needs, without any fuss. It is a carefully designed online accounting software that packs in advanced accounting, reporting, and inventory management functions. You can also depend on it for its intelligent, super-accurate MIS reports.
Apart from that, AlignBooks offers tax compliance so that you neither miss any of your tax deadlines nor make any errors in the filing process. The best part is, you get the option to choose between its cloud-based solution or an on-premise one based on your individual requirements and workflow. Both the options offer thorough security to protect your precious data.
» Who Is It For:
The ideal customers for AlignBooks are MSMEs to help them tackle their business accounting operations without a bit of stress. It is also a perfect solution for any sole entrepreneur or a start-up that needs to handle its accounts on the go. Even freelancers can rely on this software to be in control of their finances.
» Why We Picked It:
We selected AlignBooks in our list of top bookkeeping software owing to its rich set of features suitable for small-to-mid-sized businesses across industries. The system includes a range of modules to handle various aspects of your business with unparalleled efficacy – from bookkeeping to CRM to invoicing and sales to inventory and asset tracking to payroll integration. It supports multiple currencies and provides instant SMS and email alerts.
Interestingly enough, you can define user roles and privileges to restrict access to only those who need to see the crucial financial data. It has a neat dashboard that gives an overview of everything you need to see at a glance. The highlight for us is the way this software simplifies the entire invoicing process. Besides, you get to switch to the offline mode whenever you prefer and still have your data backed up safely after going online.
» Pricing Details:
AlignBooks offers the following plans & packages:
› Basic at INR 2,500 a year
› Premium at INR 6,000 a year
› Ultima at INR 9,000 a year
› ERP at INR 30,000 a year
» Pros and Cons:
Pros:
› Uninterrupted access from wherever you are through web or mobile app
› Advanced accounting functions for error-free books
› Easy imports from excel sheets
› Multi-currency support
› Restriction to data access through user privileges and access rules
› User-friendly dashboard to navigate the operations smoothly
› Intelligent reporting boosting strategic business decisions
› High-level security system to assure information protection
› Real-time backup of transactions and data
› Regular version upgrades without causing any halt to the live systems
Cons:
› The product is meant for Indian users
» Reviews & Ratings:
AlignBooks has made a name for itself among its diverse set of users who seem to love its impeccable functionality wrapped in a simple-to-use form. Let’s explore the ratings it has managed to obtain from consumers on different software review platforms:
» Capterra: 4.1/5 » G2crowd: 4.9/5 » GetApp: 4.1/5
» Conclusion:
AlignBooks seems to fit in with the accounting requirements of small, micro and mid-size businesses effortlessly. Its tax-compliant functions and diverse modules streamline not just the accounting process but the entire business operations, opening up opportunities for growth.
AvidXchange
AvidXchange is a comprehensive invoice management and payment automation system built for businesses of all sizes. It is equipped with features for paperless invoicing, purchase order automation, as well as payment processing to help you streamline accounting operations. It also comes with a highly configurable interface and intelligent approval workflows to boost efficiency and reinforce visibility across your accounts payable processes. In addition, the platform has search and filter tools that make it easy to track invoices as well as review transactions.
Using AvidXchange, businesses can lower the cost of accounts payable processes as well as improve operational productivity. It also makes it easier for companies to pay their suppliers faster because payments can be made securely from the platform. More importantly, as AvidXchange comes with advanced security and fraud detection functionalities so users can prevent unauthorized transactions and payment requests.
Try out AvidXchange with their free trialVISIT WEBSITEGET DEMO
In addition to the abovementioned, AvidXchange has more than 180 integrations. It can connect with popular ERP platforms as well as accounting systems like SAP, Oracle NetSuite, QuickBooks, and Blackbaud. This way, it is easier to import and export data as well as streamline your operations.
Conclusion
The top accounting software programs help you get your finances in order. Whether you need to track inventory, invoices, payments or spending, the accounting software for business can help you manage your accounts.