One of the scariest and most daunting tasks of starting a small business can be setting up an accounting system.
There’s invoicing, payroll and so many other business processes that have no room for error. You want an accounting solution that’s easy to use, affordable and that fits your business’s needs.
With so many options to choose from, the process can be overwhelming. Below, we’ve compiled a list of the top accounting software by category.
Top Overall Accounting Software for Small Business: Intuit QuickBooks Online
If QuickBooks was one of the first accounting software programs to pop into your head, it’s probably because it’s the most widely known and widely used of them all. Because of its diverse offerings and features for all business types, from freelancers to store owners, it will not disappoint when it comes to meeting your accounting needs – whether you’re just getting started or an established business.
Top Free Accounting Software for Small Business: Wave Accounting
If low start-up costs is important to you, Wave Accounting may be what you’re looking for. Yes it’s free, but that doesn’t mean it’s skimping on features that you need to run your business. Balance sheets, invoicing, reports, payroll and other day-to-day processes are easily completed by Wave.
Top Mac Accounting Software for Small Business: Xero
A common complaint of Mac users has been a lack of accounting software that meets all of their business’s needs. Enter Xero, a cloud-based accounting software that actually has a similar look and feel of QuickBooks. It is able to natively connect with the Mac UI, ensuring full use of features and maintaining familiarity with Mac tools.
Top Micro-business Accounting Software: Zoho Books
Micro-businesses, or really small businesses, don’t need all the bells and whistles that a larger small business would need. Zoho Books covers the basic accounting tasks and includes some advanced tools that can assist you as your business grows – including customizable templates all at a low cost.
Top Accounting Mobile App for Small Business: FreshBooks
Hands down, FreshBooks takes the cake in this category. For its simplicity, variety of features and awesome customer service, it reigns as the most responsive accounting mobile app. It’s also available to all small businesses on the go – whether they are iPhone, android, or mobile web users.