Best Accounting Software for Small Businesses in 2022
Accounting software helps small business owners track their accounts, understand their profitability, and manage their taxes.Here are the best account software for small businesses in 2022
Quickbooks
Whether you’re a sole trader, a small business, a bookkeeper or an accountant, QuickBooks is committed to helping your business thrive. Effortlessly manage your finances in real time on an intelligent and secure platform. Automate your books, always know where you stand financially, submit your taxes, get paid and manage your employees.
Intuit has integrated several web-based features into QuickBooks, including remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration with Google Maps, marketing options through Google, and improved e-mail functionality through Microsoft Outlook and Outlook Express.
Plooto
With Plooto you can build scalable workflows, manage approvals, and enjoy automatic reconciliation. Simplify Payment Workflows Reduce the number of touchpoints for every transaction.
Plooto was founded on the concept of developing financial tools for small to medium-sized businesses to provide greater control, convenience, and freedom over your financial practices.
Also Read: 5 Technology Trends For Businesses in 2022
Plooto provides smart two-way sync with QuickBooks and Xero, automatically syncing bills, invoices, and payments and reconciling bookkeeping records while keeping a full audit trail.
Netsuite
NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM and e-commerce software. Depending on the choice of modules, the platform can support accounting capabilities like general ledger, accounts payable, accounts receivable, cash management, tax management, purchasing and inventory and order management, along with optional modules like customer relationship management, e-commerce, human resource management, payroll management, tax calculation, professional services automation, warehouse management and supply chain management, which can be activated as needed.
NetSuite offers analytics and reporting, which use centralised data to provide real-time visibility into client company operational and financial performance.
Freshbooks
FreshBooks is a preferred invoicing and accounting software for over 30 million users, small business owners, and accountants worldwide. It offers a seamless migration process with a dedicated support team ready to assist you with switching from your current software to FreshBooks.
FreshBooks Double-Entry Accounting gives you everything you need to stay organized for tax time, stay compliant with regulations, and make decisions based on up-to-date insights. Grow your business by tracking loans, new assets, and unique expense categories in FreshBooks. Create insightful reports to see where your business stands and plan for the future.
Zoho Books
Zoho Books is online accounting software that manages your finances, automates business workflows, and helps you work collectively across departments. Zoho Books gets you VAT-ready, helps you file your VAT returns directly to HMRC, automates business workflows, and helps you work collectively across departments. It offers a competitive free plan and a variety of features to make your processes easier and more efficient.
Zoho is a particularly good option if you’re a smaller or medium-sized business (SMB) in search of an alternative to alternatives to larger, more expensive software.
Did we miss out on anyone? Add yours in the comments.
