Guiding Accounting Software for Starting Business

For those whose just starting up their business, it is better to start it precisely by having the right accounting software to help your business and arrange your books. For those who aren’t familiar with this software, there are tons of accounting software that you can check through the internet, but which of these software can truly fit your business and help empower your business.

I have searched for the top 6 most downloaded accounting software by the help of one website, check this list:

1. Fresh Books

Advantages

FreshBooks and its most salient, top features include its simple-to-use interface, great mobile tools, and snail-mail invoicing. In addition, it is compatible with numerous add-on products that can significantly expand what you can do with the software.

Disadvantages

Freshbooks is not equipped to handle large volumes of inventory, nor can it manage complex vendor and purchase-order situations.

2. Quick Books

Advantages

This online accounting service provides advanced reporting, invoicing, expense tracking, billing, and payment tracking. It also comes with mobile tools for generating invoices and tracking expenses using iPhones and Android devices.

Disadvantages

While the introductory version can invoice and do basic tasks, you have to upgrade or add other modules to access additional features.

3. Sage One

Advantages

Sage One is efficient, easy-to-use accounting software equipped with task management, collaboration, project tracking, and payment processing. It is an online solution, so it is up to date always, backed up, encrypted, and accessible via any web connection.

Disadvantages

If you are looking for popular accounting software such as products similar to QuickBooks Pro or Sage 50, this is not it. Sage One is created for entrepreneurs, freelancers, and startups, not companies that need to manage a lot of inventory or employees.

4. Zoho

Advantages

Zoho Books presents complete accounting tools and the ability to track projects through platforms, including on PCs, Macs, and most mobile devices. It also provides a service that will send invoices to your clients for you.

Disadvantages

Although Zoho Books involves the ability to manage projects, the features are confined. You will have to practice its Projects product alongside Zoho Books to utilize project tracking tools.

5. Xero

Advantages

This online accounting software is a complete accounting solution with traditional features such as the chart of accounts, general ledgers, and aged accounts receivable reports. It can also handle more complex accounting tasks, such as fixed assets and depreciation.

Disadvantages

While Xero provides adept essential Accounting services in UAE tools, most other types of business assistance services must have to be added using a compatible add-on. To make this a perfect business solution, you’ll have to add quote creation and time-tracking tools.

6. Yendo

Advantages

Yendo presents a simple, clean interface that can handle most common accounting tasks such as creating invoices, running reports, tracking expenses, and managing cash flow. It also creates annual and monthly budgets based on your actual spending trends.

Disadvantages

This online accounting software is not designed to manage a lot of inventory or employees. Although Yendo provides developer APIs, it offers little integration, such as payment processing, document management, or Google app compatibility.