Reader Question:
I’m the bookkeeper for a relatively small business, about 7 employees. We have a flat fee bookkeeper who comes in every two weeks. Aside from her review of what happened in the office, I have to focus all my time on fixing whatever problems she finds. Usually we don’t get together because she just sends me an email highlighting the problem and I take care of it the following day. There’s really no point for us to meet because our jobs are so specific and we have very different perspectives, which I believe can be very useful for finding solutions to the problems. I’m pretty sure this is hurting our business in an indirect way … Am I right? Should we meet each other in person more often? It’s usually about a problem in dealing with the bookkeeping software, Payroll, and a rush to decide on the best way to deal with it.
Answer:
QuickBooks is an enterprise accounting software. It is also amongst the most popular accounting softwares for small business owners all around the world – and for good reason too.
When it comes to accounting, QuickBooks assures crystal clarity. You can monitor financials more efficiently and in deeper detail. This suits the needs of almost every type of business including offline or online retailers, ecommerce stores and even service organizations.
QuickBooks also give you access to a wide range of integrations so you can connect with the tools you need via the Intuit ecosystem.
When it comes to pricing, QuickBooks is available in two different tiers. QuickBooks Online is the entry-level plan and is available at a pay-as-you-go price. QuickBooks Cloud, on the other hand, is the premier version of QuickBooks and is priced on a subscription basis.
Freshbooks
Freshbooks is a great choice for budding business owners who are just starting out. You will have the option to utilize their online version; however, your usage is limited. You will have online access, but it may not be as granular as you would need in the early days of your business.
Quickbooks Online
Vs. Xero vs. Sage One Accounting
Accounting software is one of the most important and useful purchases you’ll make as a small business owner or entrepreneur. It can help you stay organized, keep track of your business finances, and be aware of your business expenses.
However, choosing the right accounting software is more difficult than it sounds. There are plenty of options to choose from, each with its own pros and cons. Since you’re likely doing your research at a time when you’re already overwhelmed with the preparation of opening your new business, it’s easy to be overwhelmed by all the options.
To help you make the best decision possible, we’ve put together this quick guide featuring the top 3 accounting solutions for small businesses. We’ll walk you through the features of each product, why it’s important to diversify your accounting solutions, and give you a sense of what other business owners like you are saying about each solution on the market.
Quicken Home, Business & Rental Property 2019
It’s hard to beat Quicken for small business accounting software… come to think of it, it’s hard to beat Quicken period. If you’re looking to manage the small business finances in one place, Quicken 2019 just might be the tool for you.
It’s the 2019 version of Quicken Home, Business & Rental Property, a handy, all-in-one finance management software designed with small businesses in mind. This updated version of Quicken offers you the chance to sync your transactions automatically, so that you can maintain an up-to-date income and spending report.
Expert budgeting tools make it easy to set up templates for recurring payment transactions, monthly budgets, and more. Quicken also makes it easier than ever to track the value of your business, allowing you to easily track your net worth, while your small business becomes more solvent. You can even set up real-time alerts when balances in various accounts fall or exceed your predetermined limits.
It’s pretty user-friendly, too, though you can opt to pay for help if you need it. Whether you need to track your business spending or expand the functionality of Quicken, you’ll be pleased to find that there are plenty of available help resources.