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6 Best Bookkeeping Programs To Organize Your Small Business

It’s the backbone to any business – something that’s not worth saving costs on!

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Bookkeeping is incredibly important for clarity, and clarity means you know where you business stands. Instead of using the old-fashioned way, why not try some modern programs? These tools are used by thousands of businesses which rely on the simplicity of use and their versatility.

#1 Xero

Xero
Who suggested this product?
The Xero was recommended by Zach Hendrix from GreenPal. You can find out more about Zach Hendrix here or read their product recommendation below.

We recently changed our small business bookkeeping and accounting software from a desktop based QuickBooks to cloud based Xero.

My number one tip for fellow small business owners to consider when searching for their bookkeeping and accounting software solution is to make sure that the software will integrate and talk to your checking account and credit card account.

This will make sure your books are constantly in sync and also will save you hours of mind numbing data entry every month which is the cause of most small business owners dread for bookkeeping tasks.

Having your data feeds all in sync with your accounting software can directly translate to a better run and tighter business operation.

#2 Wave

Wave
Who suggested this product?
The Wave was recommended by Ian B. from Kredmo. You can find out more about Ian B. here or read their product recommendation below.

Best we found is online software Wave for our bookkeeping and invoicing. It’s fantastic for small businesses or startups. We find it very simple and user-friendly. Above all, it has no monthly fee, so it’s free to use.

#3 NetSuite

NetSuite
Who suggested this product?
The NetSuite was recommended by Saish K from TechK47. You can find out more about Saish K here or read their product recommendation below.

With NetSuite, we can manage our inventory and improve manufacturing efficiencies. The user interface is top notch and simple at the same time. We can even perform complex tasks like revenue recognition management and automate tasks. Some of its extraordinary features include Centralized Vendor Management, Gross Requirements Inquiry, and Integrated Financial Reporting.

#4 Megaventory

Megaventory
Who suggested this product?
The Megaventory was recommended by Ayse Basak Incekas from Megaventory. You can find out more about Ayse Basak Incekas here or read their product recommendation below.

Megaventory gives you a comprehensive solution to record and improve your company workflow. It’s a straightforward way to optimize your procedures and increase your profits.

Megaventory is a business software solution that helps you among other things to record bookkeeping entries of your company by building an automated bridge between your accounting system and the invoices you issue when you make your sales.

It allows you to make a record of the products or services that you sell or buy, list your inventory and track your transactions – and transfer everything automatically to your bookkeeping solution. That way you can avoid doing double data entry and any related mistakes.

#5 Quickbooks

Quickbooks
Who suggested this product?
The Quickbooks was recommended by Simon Keogh from Ablii. You can find out more about Simon Keogh here or read their product recommendation below.

Designed for day to day needs such as bills, invoices, expenses, payroll, and cash flow, the solution is user-friendly. With Quickbooks, small business owners have access to their app marketplace which directly integrates with other technology providers such as Receipt Bank, Expensify, etc.

#6 Freshbooks

Freshbooks
Who suggested this product?
The Freshbooks was recommended by Simon Keogh from Ablii. You can find out more about Simon Keogh here or read their product recommendation below.

Known for their easy-to-use interface, Freshbooks has excellent customer service and support. It’s a cloud-based software that automates invoicing, organizing expenses and tracking time on projects.


Who contributed to this article?

Zach Hendrix from GreenPal

Ian B. from Kredmo

Saish K from TechK47

Ayse Basak Incekas from Megaventory

Simon Keogh from Ablii

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