Running a business doesn’t end on earning revenue and surviving the competition, but you also need to keep track of your transactions, manage expenses, process payments, prepare financial reports for your tax refund, etc. The accounting kinds of stuff like bookkeeping can be a challenge especially if you don’t have an Accounting degree. Fortunately, the different accounting apps available in the App store which are affordable and easy to use make those tasks simple to perform.
Here are some of the most popular Accounting tools accessible in the App store:
FreshBooks is simple and easy to use. You can automate tasks with a few clicks. You can create professional looking invoices in just seconds, keep files and conversations in one place and be able to collaborate on projects. All your data is stored in the cloud so you can securely access it from all your devices.
QuickBooks’ favourite features are staying in sync with the bank by automatically reconciling bank and credit card transactions, tracking expenses for tax time by just taking images of your receipts, and being able to customise invoices.
FreeAgent has a dashboard that shows how your business is doing. It provides reports on your income, expenses and profitability. It features hands-free invoicing, hassle-free expense tracking and automatic bank feeds.
Xero has time-saving tools to make transactions fast and easy. It is integrated with more than 500 business apps, and you can convert your data from QuickBooks into Xero in just a few hours.
ZOHO offers cloud accounting software which allows you to track expenses better, get a real-time update on your cash flow and inventory, collaborate with clients and create powerful financial reports.
Gone are the days when the only solution is to find someone to do the job for you and would usually cost you a lot, so take advantage of these accounting apps in making your business grow. The faster your transaction is, and the simpler the process can make it easier for your business to prosper.
If you have insights or comments about the article, please leave a comment below.