Top 5 Accounting Softwares

Accounting Softwares
Top 5 Accounting Softwares

1- ZohoBooks

Zoho Books is complete accounting software and price friendly too as it covers most features required for a finance team. Zoho Books helps to streamline all of your accounting tasks at a single place like sales, purchase, client invoices, inventory management. It comprises of a functional dashboard which helps us summarise major details over a single view like total expenses, total income, projects etc. It helps you regarding GST details , guidelines and information providing ease to know about your GST filing.

 

Features

  • Invoicing
  • Estimates
  • Client Portal
  • Expanses
  • Bills
  • Banking
  • Projects
  • Inventory
  • Sales Order
  • Purchase Order
  • Reporting
  • Automation

Pricing 

 

2- Freshbooks

Freshbooks is an accounting software since 2004 for small and mid sized business companies. It is a web-based accounting software system comprising all basic accounting features comprised. Best suited for small sized business. It is more feasible for freelancers, small business and project to project account keeping.

Features

  • Invoices
  • Expenses
  • Tracking
  • Projects
  • Payments
  • Reports

Pricing and Plans

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3-Xero

Xero is a New Zealand based accounting company founded in 2006 in Wellington New Zealand by Rob Drury who has now stepped down as the CEO and Steve Vamos have now taken the role.

Xero is a SAAS based accounting software which was founded on the base to replace hierarchical desktop based accounting software and is being seemed to give a competition to others in the line. Xero posses a customer base of 1.5 million users as self-proclaimed by them.

The software provides the flexibility for multiple users access and also provides a easy to operate mobile app which is really handy in terms of accounting summary.

Pricing is also planned as per SMB’s and small and medium-sized business and provides complete payroll features upon its integration with gusto.

Features

  • Bank reconciliation
  • Contacts management
  • Intuitive dashboard
  • Expenses claim
  • Financial reporting
  • Attaching an email to report data
  • Unlimited mail support
  • Inventory management
  • Invoices
  • Recurring invoices
  • Web-based access
  • Support for mobile phones
  • Support for multiple currencies
  • Payroll
  • Raising purchase orders
  • Tax management
  • Electronic bill receipts
  • Fixed assets and
  • GST returns

Pricing and Plans

4- QuickBooks

Intuit Quickbooks is a well-known accounting software founded in California. The software’s earlier version was known as Quicken following within the improvement led to being a pro. Quickbooks has been developed keeping in view mid-scale business requirements. Pricing has been kept minimum regarding the features and services. The product comprises all features like invoices, payment gateways, online banking, accounts, and reports.

Features

  • Cloud Accounting
  • Invoicing
  • Online Banking
  • Cash Flow Management
  • Accounting Reports
  • Multiple Users
  • Time Tracking
  • Free unlimited support

 

Why Should I Consider this?

Quickbooks is recommended accounting software for SMBs sue to its combination of features and pricing altogether. Mobile applications are also available and are quite handy to check at regular intervals. Pricing comes with all features supported at easy pricing with unlimited invoices.

Plans & Pricing


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5- ProfitBooks

ProfitBooks is easy to use accounting software built for SMBs and helps to build invoices, maintain and track expenses very easily. Based in Pune have another workplace in Sri Lanka.ProfitBooks supports ease of pricing, handy to use with basic pricing forSMBs helping to manage their finance with an initial amount.

Features

  • Balance Sheet, Trial Balance, and Profit & Loss reports  
  • Customer Statement & Outstanding due
  • Manage employee leaves
  • Define the salary structure easily
  • Maintain re-order level
  • Identify top-selling product
  • Create Time-based invoices from tasks
  • Create ‘Cash Invoices’ for cash transactions

Why Should we consider this?

ProfitBooks can be considered by any small, medium scaled businesses. It supports GST and can be easily used by Indian clients.ProfiBooks is owned and made by a small team of CA and accountants based in India to help SMBs manage financial statements well from time to time. It was first introduced as the web application and later on moved to serve in cloud space as well. ProfitBooks made it easier to track daily expense and payroll management. The company seems growing and to build in the upcoming years.,

Plans & Pricing

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