What is the easiest accounting software to use?
What is the easiest accounting software to use?
Getting the right accounting software for your business is tough when you have a market flooded with so much cloud accounting software.
Yes, cloud accounting is the new way of managing your finances. This software is extremely helpful and easy to use, with no stress of installation or upgrade, as everything is safely stored in the cloud. The best thing about clouds is that you can access your financial data anytime, anywhere.
The best software for your business depends on the size of your company, your expertise level in doing accounting tasks, and the income flow and budgets of the company. Some software that works best for one company may not work well for another. However, we have curated a list of some of the easiest accounting software that every business can try their hands on.
Whether you are a small or medium business owner or a new working professional, this software will work best for you, even if you have a basic level of accounting knowledge.
- Xero.
- QuickBooks Online.
- Sage 50.
- Wave.
- Zoho Books.
XERO
Xero is the most popular accounting software among business owners and accountants. It has user-friendly dashboards, so it is easy and simple to use. It is web-based accounting software and is also available as a mobile application on Android and iPhone apps. You don’t need to have high-level accounting knowledge to work on it. It supports multi-users, so you can connect and collaborate with your employees and team members anytime. You can create online invoices and even customize them with pre-set templates. Xero supports integration with third-party applications and multiple currencies as well. You can also handle payroll in Xero, including payroll taxes.
QuickBooks Online
QuickBooks Online, a product of Intuit, is good-to-go software for small business accounting. QuickBooks Online comes both in desktop and online versions. Multiple online training resources, forums, and support are available to guide QBs. It provides access to all the accounting features on the main dashboards and thus helps with efficient bookkeeping. It offers services of accounts payable and receivable. It enables the user to send out bills and create online invoices. It also helps in cash management. You can have a free trial of QBs online for 30 days.
Sage 50
Sage 50 offers an accounting program formally known as Sage Peachtree. It helps in managing accounts receivable, accounts payable, bank reconciliations, and cash management as well. Users can use online services for billing and sending invoices to customers. It also helps with payroll and employee management for your business. It also allows its users to create a general ledger for business.
The monthly cost of using Sage 50 is $29.95 per month, inclusive of customer service.
Wave
Wave is a free accounting software. It provides free invoicing that enables users to add unlimited invoices and set automatic invoice reminders. It is simple and easy to use without any bookkeeping or accounting services. It has features like income and expense tracking, sales tax, multiple users, financial reports, a double-entry system, and many more. You can also sync your bank accounts to track expenses. It also provides credit card processing and payroll services but has additional charges.
ZOHO Books
Zoho Books is online accounting software that allows users to track their finances, create invoices, easily collaborate with the accountant in real time, and much more. It is one of the best small business accounting software programs for automation. It automates bank feeds, categorization, invoices, etc. It is easy to set up and requires no prior knowledge of accounting. It supports integration with more than 40 apps.
I am looking for more suggestions and insights about this software.
Connect with Meru Accounting to help you find the right fit for your business. We have years of expertise in working with this accounting software to help our clients with stress-free accounting.
