The 5 Best Accounting Apps
Accounting doesn’t have to be hard work. If you’re willing to ditch your spreadsheet app in favour of a purpose-built cloud accounting app, the only headache you will suffer from is choosing the best one. Luckily, there are a variety of excellent apps to choose from with handy features and meticulously adorned yet simple interfaces. Here are 5 of the best.
The Xero app is tailored to meet the needs of small and mid-sized businesses, offering an efficient method of importing and integrating all of your financial transactions into its database and links them to the corresponding accounting transactions.
Xero’s slick dashboard allows you to get a complete, easy-to-view picture of key accounts, income and expense reports, upcoming bills, and pending invoices. Xero has its own add-on marketplace, allowing you to boost the functionality of the application.
A feature request and voting system in Xero’s community forums allows the company to develop the software in accordance with user requests, with updates every 3-6 weeks.
If you are specifically a UK small business then look no further then this powerful accounting app. Kashflow only includes features that are most requested by its customers, it also is a master in handling UK taxation with VAT reports built into the app. This app is definitely worth a look. If you’re a small business based in the UK, KashFlow is worth considering, especially since it bills itself as “no accounting jargon, just language that makes sense”.
Quickbooks online is a multi-tasking app that helps you run tour entire business from the same spot. It’s user-friendly interface allows a powerful set of features which include estimates, invoicing, account payable, reporting, inventory, contacts, sales and tax.
The QuickBooks Online’s online banking integration feature means you can hook up your online bank to the software to automatically download details of financial transactions. This makes for an effortless way to track the comings and goings of your company’s finances.
If you’re looking for an online app for invoicing and time management, Nutcache is worth checking out. It allows you to create an unlimited number of invoices, adding your logo, and sending them in bulk to your various clients.
Besides invoicing and time tracking tools, Nutcache includes features for expenses, reporting, and online payments. One of the things that make Nutcache stand out from the rest is its multilingual interface, allowing you to communicate and coordinate with customers globally.
The great thing about Freshbook is the simplicity of the software, even if you haven’t used any accounting software before, FreshBooks features an easy-to-understand dashboard and brilliant visualisations, which make it rewarding to use.
FreshBooks allows you to quickly create professional-looking invoices and set up credit card payment support. Other features include repeat invoicing, estimation, and one-click snail mail sending.