Image Credit: Pixabay
GNUCash is mostly used for small businesses. It is a Powerful and flexible accounting tool. GNUCash is easy to use accounting software.
Image Credit: GNUCash
1. It is Fully featured with bank accounts Tracking and stocks
2. Easy to track your income and expenses
3. Based on the Professional Accounting Principles Providing Accurate Reports.
4. Graphs can be shown in many forms as
bar charts, pie charts, scatter plots, etc
5. Easy Payroll Management with GNUCash
6. Double-entry accounting feature
1. It is cross-platform
2. free Plan is Available
3. Manage business budgets tools are available
4. Easy customization in graphs and reports
1. Multiple users can not access the main data file
2. You May get Trouble for using on macOS
Quickbooks is a popular and Web-based online accounting Solution. It is a Cloud-Based Accounting Software which means you can access it from anywhere with an internet-enabled computer.
Image Credit: Quickbooks
1. Cloud-Based Accounting solution
2. Automatic backup Feature
3. Generates GST Empowered reports.
4. Easy Customised Accounting Reports
5. A number of guidance videos are available for training purposes.
Image Credit: Quickbooks
Sometimes we may face many bugs in software
Odoo is an Easy to install Accounting software. Empowered with the double-entry feature.
Image Credit: Odoo
1. Expense Tracking
2. Fund Accounting
3. Tax Management
4. Fixed asset management
5. Duplicate payment alert available
1. Excellent design makes it user friendly
2. Easy to Install Software
3. Almost all business aspects are present
4. Best customer supports via Webinars, Tutorials, and Live
5. It is a Cross-platform software.
Image Credit: Odoo
1. It is not well organized
2. Supports may frustrate you
ZipBooks is an Easy to use software for non-accounting Background peoples. It is a powerful tool that will take the business to the next level.
Image Credit: ZipBooks
1. Expense Report
2. Financial reporting – general ledger
3. Fund Accounting
4. Tax Management
5. all team members can have access to the same data in real-time.
1. Affordable as compared to other software
2. Web-based and iPhone installed
3. Phone and email support is available
4. Best customer supports via Webinars, Tutorials, and Live
5. Feature-rich accounting software
Image Credit: Zip books
No live online training
Freshbooks is the Most popular accounting software used in the market. Fast and Easy to use with Quick Learning Curve.
Image Credit: Freshbooks
1. Amazing features including Time Tracking, Invoicing
2. Best Project Management
3. Expense Tracking
4. Multi-currency
5. Online invoicing
1. Quick Learning Curve
2. A free trial is available
3. It is really very easy to use
4. Starting price – $15 per month
5. Web-based and iPhone, android installable
1.Image Credit: Freshbooks
Sometimes we may face many bugs in software
Slickpie is a Simple, Cloud-Based Software for all the accounting needs. An excellent Free Plan is available.
Image Credit: Slickpie
1. It is an Online accounting tool
2. Online invoicing with Multi-Currency Feature
3. Automatic payment reminders And recurring invoices
4. Built-in Automated Data entry tool, the magic bot
5. Tax management, accounts receivable, expense tracking, CPA firms.
1. Free Plan is available
2. In more than 150 countries worldwide
3. All forms of training available as individual, live, docs, webinars
4. Supports in business hours, online
1.Image Credit: Slickpie
1. Little difficult for beginners
2. Sometimes customer supports is frustrating
3. Limited charts available
Wave is useful for small businesses, freelancers. It is Full-fledged with almost all accounting features that will meet all your accounting needs.
Image Credit: Wave
1. Financial reports available in minutes
2. Accounts Receivable
3.Billing & Invoicing, CPA Firms
4. Easy Customised Accounting Reports
5. Fixed Asset Management, Project Accounting, Purchase Orders, Tax Management
1. Double-entry accounting
2. Free plan available
3. All forms of training available – Webinars, Live, Documentation
4. Supports both online, business hours
Pricing
Image Credit: Wave
1. No time expense
2. No phone support
3. Sometimes may slow down.
7 Small Business Accounting Softwares in 2020 Image Credit:Pixabay Accounting is one of the keys to success in any business. I have listed 7 Small Business Accounting Softwares in 2020. Before choosing the Accounting software we must understand Why Accounting is important for the business. what factors should be taken Read more…
The business success all depends upon monitoring the investment and its profit margin. We must have to keep an eye on received profits and made Payments. This is where Accounting Softwares comes in the picture. here, We will see Why Accounting Software is Needed for Business. The open-source ethos behind Read more…