What we learned from 2020 is that change is the only constant. The only way to adapt to the changing environment than to apply “Online best practices” to streamline your business activities? Key activities include invoice generation, management, and accounting for your business. So, having the right software becomes essential as remote working becomes inevitable.
Find below a list of the four best Invoice and Accounting software you can use for your operations. We highly recommend checking in the plans and prices and opting for the most suitable option according to the business needs, business size, and operating industry. Please make sure to evaluate your options.
1. Xero
A quality program helps you to save time and money and this is one of the reasons why we recommend Xero. The tool provides multi-currency features and also offers advisory services for you to opt for with a 30-day free trial. Xero is endorsed for growing businesses as the platform adapts to your growing needs thoroughly. It provides flexible payment and plans options that eliminate the need to switch platforms as your business continues to grow.
During 2020, the platform increased the number of invoices. It allows small businesses to generate from five to twenty per month and is currently promoting its plans at a 50% discount rate for four months. These plans range from $9 to $60 per month.
2. QuickBooks by Intuit
With an experience of over 28 years, QuickBooks is one of the most reputed software available for use. They are helping out small businesses and has a customer base of 7 million customers. The company is currently offering a 50% discount for 3 months, and the simple plan starts from $25 up to $150 per month (Currently available at a discounted price).
The plan also supports the businesses of accountants and lets them run their practice smoothly along with plans for Sole traders.
QuickBooks offers a 30-day free trial and has a user-friendly design making it easier for small teams to use. With access to multiple features and personalization options, this software is perfect for small scale business, sole traders, and accountants.
3. Wave Financial
Are you looking for free software amidst the chaos of paid software? Don’t worry, Wave financial is just the right platform for you. Carefully designed for small businesses, freelancers, and entrepreneurs, this web tool is easy to use and well organized. The free tool offers extra services such as adding credit cards to your account for invoice and payroll processing. But these are paid features that you can purchase.
The web-based platform also has a mobile-based app for you which just increases the level of comfort of use. Don’t forget to take a look at their blog to help you get through some common questions and gain business information and tips.
4. BQE Core Accountant
Opt for BQE to be a holistic platform for all your cloud-based accounting and firm-management needs. The software organizes your information in a structured manner, and it is formatted to automate itself for repetitive tasks. The tool has a full ledger and also supports cash, accrual, and engagement bases accounting procedures.
Furthermore, your transaction history gets downloaded easily as the software connects to your bank and credit card and sets for automatic download. This tool displays the use of Artificial intelligence at its best and is highly recommended for the level of automation that it offers, reducing human efforts and maximizing business benefits.