Insights

Say Goodbye to complicated numbers with top accounting systems

Accounting software systems offer business owners many benefits as it helps them keep track of accounts receivable and payable, gain insight into their bottom line, and get ready for tax season. In the world of accounting software, a small business can use an existing system without requiring extensive customizations. There are different types of accounting systems for businesses, with different capabilities and price points. In this article, we would like to introduce top accounting systems to help businesses quickly say goodbye to complicated numbers.

Top accounting systems

QuickBooks Online

QuickBooks Online is one of the best overall accounting systems for small businesses and is favored by business accounting professionals. The top accounting system also has many online training resources and forums to help businesses get the support they need. All accounting features can be conveniently accessed on one central dashboard, making your bookkeeping more flexible and efficient.

QuickBooks Online is appreciated for its advantages. It is an extensible system, can integrate with third-party applications and works on the cloud platform. However, this system also requires businesses to upgrade to have more users, and sometimes the system will have problems syncing with banks and credit cards.

Xero

Xero is a highly rated accounting system for micro businesses looking for simple and easy-to-use accounting software. This top accounting system has a clean interface and also fully integrates with third-party payroll services. Businesses can collect money online from customers through Xero integrations. Xero offers three monthly subscription options with an Early plan starting at $12/month. The company also offers a 30-day free trial.

The Early plan limits usage and only allows entry of 20 invoices or quotes and five invoices per month, which is suitable for a micro business. In addition, more advanced plans support invoice provisioning along with additional features such as multi-currency, cost management and project expenses.

Sage Intacct

Sage Intacct is a private cloud solution that enables proactive business cost management with financial metrics. It is the best in cloud accounting software products with a financial management solution that provides in-depth accounting capabilities such as payroll tools, tax records and inventory tracking in many industries designed with the sole purpose of accelerating business success.  

FreshBooks

FreshBooks is a top accounting system that provides the most important need for service businesses to invoice with more customization. The main function of this system is to send, receive, print and pay invoices, in addition, it can also meet the basic accounting needs of the business. This accounting system also makes it easier for service businesses to submit proposals and track time on projects and receive payments. An outstanding feature of FreshBooks is that invoices can be highly designed and customized for a professional look.

Wave

If you are looking for a top accounting system for a small business that relies on a simple invoicing service and doesn’t need to run payroll, Wave is an ideal choice. This system will cover most of your accounting needs for free such as income and expense tracking, financial reporting, invoicing and receipt scanning. Wave also supports the preparation of the necessary reports to prepare the tax return of the business.

ConnectPOS is a great management software that can help businesses easily integrate with the best accounting systems Xero and Sage Intacct. ConnectPOS combines with the above two systems to help businesses easily manage their finances and run their business seamlessly.

Conclusion

A leading accounting system will help businesses manage revenue and expenditure and make it easier to work with complex numbers to limit errors as much as possible. Contact us if you need to find a comprehensive solution that connects to the best accounting system.

Steven P

Steven is a content collaborator at ConnectPOS. With years of experience in retail and eCommerce, he has researched and published many in-depth articles.

Recent Posts

What is Netsuite cloud ERP and How does it work?

Cloud computing systems are becoming a future trend of business. Many businesses in the world…

3 days ago

Magento Storefront: Consider store layouts to accelerate the customer journey

The holiday season is rapidly approaching. It is eagerly anticipated by customers and dreaded by…

4 days ago

Why B2B and B2C businesses enjoy Netsuite eCommerce?

E-commerce businesses today are looking to business models to bring them a lot of profit.…

4 days ago

What is Oracle NetSuite? Why is the best solution for small businesses?

Small businesses today have more and more responsibilities and are getting busier. For businesses wishing…

4 days ago

How Netsuite solution support the entire operation of your business?

The market is evolving at a faster rate than ever, and businesses need to change…

5 days ago

Business intelligence tools – Netsuite analytics

What is important in today's business enterprises is operational management and visibility. However, this is…

5 days ago
Start Free Trial or Book Demo !