97% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Xero and how does it work?
Xero is an award-winning online accounting software for small scale businesses. Xero offers a variety of features to make your business function smoothly and efficiently. The software handles all the accounting transactions effectively. It permits unlimited users to get online at a time and work in collaboration over data which is accessible through a single ledger. Xero also provides Bank Reconciliation services by importing the various transactions from your bank accounts and matching them with your cash-book. Business finances and cash-flow statements are updated on a real-time basis, helping you to keep a track of all your expenses and transactions.
Read moreSW Score Breakdown
94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Zoho Books and how does it work?
Zoho Books is a simple and affordable accounting software that specializes in keeping a detailed track of the cash flow of your business and helping you track your expenses and income. The software also provides you with multi-currency features that is helpful for an organization making transactions in multiple currencies across the globe. Zoho Books also offers professional invoice services along with a tax filing portal that allows you to directly file your returns. The software also provides other accounting services like Bank Reconciliation, and handling your general and accounts, letting you concentrate more on the core activities.
Read moreSW Score Breakdown
95% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Freshbooks and how does it work?
FreshBooks automates daily accounting activities namely invoice creation, payment acceptance, expenses tracking, billable time tracking and financial reporting. Try it free for 30 days, no credit card required.
SW Score Breakdown
83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Patriot Accounting and how does it work?
Patriot Accounting software is a platform used manage business workflows. The software offers templates to create, send invoices to customers and record payments in your books. Collaborate with teams to manage assets and expense accounts in minutes. Entrepreneurs, Small companies make use of the software.
SW Score Breakdown
94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Sage Accounting (Sage One) and how does it work?
Sage Accounting software aims at providing information, insight and tools to small and medium businesses around the world which would help them grow their businesses. With its secure cloud and mobile accessibility features, this software brings in more flexibility at affordable prices offering the right value for your business. It gives online support and a live representative is present round the clock to solve any query that may arise. This multi-purpose software assists the business in different sections of accounting from cash sales to bank reconciliation to payroll. The software also ensures safe and secure handling of your accounts.
Read moreSW Score Breakdown
Sage Accounting (Sage One) Pricing
98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Quickbooks and how does it work?
An accounting software package developed to offer on-premises accounting applications as well as cloud-based versions to small sized businesses. Quickbooks provides a very user-friendly interface. Regular tasks like creating invoices and getting cash flow reports can be performed in a matter of seconds with a few clicks. The real-time reports and dashboards help you to take control of your cash flow and see where the money is going. Quickbooks offers almost all the accounting services a business needs, ranging from handling the accounts receivable or payable to Fixed Asset Management.
Read moreSW Score Breakdown
78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is LessAccounting and how does it work?
LessAccounting is a futuristic bookkeeping software with a simple interface. It helps businesses get paid faster, besides making their accounting tasks easier. With LessAccounting’s templates, one can edit and create custom business proposals. And, then can turn proposals into invoices that are ready to be sent out to the clients. Furthermore, the software also allows users to send unlimited invoices to any contacts of their choice and carry on with the monitoring part accordingly. LessAccounting helps accounting teams to set up recurring invoices and payment reminders to track expenses/receipts per month or whenever they are needed. Furthermore, with LessAccounting’s dedicated, certified bookkeepers, accounting teams can take care of their books and manage accounts. Also, users can create their balance sheets in just two clicks. Plus, they can share any report or the entire account for that matter. Over a thousand companies and business owners put their faith in LessAccounting.
Read moreSW Score Breakdown
86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is OkCredit and how does it work?
OkCredit software is a platform used to track receivables and payables in minutes. The software offers timely reminders via free SMS and WhatsApp to make instant payments. Monitor transactions with reports and statements on any device. It supports Mobile Android and iOS. Small business make use of the software.
SW Score Breakdown
88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is KhataBook and how does it work?
KhataBook is an intuitive digital ledger app that helps micro, small and medium merchants to track and record their business transactions safely. It also allows users to send and receive online payments through UPI and QR code. Moreover, the app generated reports can be downloaded and shared by the users, with every transaction to maintain a proper schedule of debits and credits easily. It conducts automatic data backups, facilitating accurate protection against phone theft or loss. Khatabook automatically syncs all of the data, saving hours of users’ time. With the KhataBook QR, users can receive payments from any other app. They can send automatic payment reminders along with the payment links to customers and receive timely payments. The app provides 24x7 support available in 12 languages for any generated queries. More than 4 crore+ businesses have been registered for this app in 4000+ cities across India.
Read moreSW Score Breakdown
79% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is AutoFillings and how does it work?
AutoFilings will take care of the bookkeeping for incorporation and post-incorporation business transactions. Every business needs accurate financial reports before making any decision and so there should be no room for error. This software generates the most accurate financial reports there is possible so that the user can make smart decisions.
Read moreSW Score Breakdown
93% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Workday Financial Management and how does it work?
Workday Financial Management helps organizations to reduce financial risk in this ever-changing market. The software helps users to focus more on action and analysis and less on transaction processing with its deeper insight into finance management. It assures users the flexibility to adapt to new processes and track changes quickly. The software’s machine learning capability detects anomalies and offers recommendations to make more useful finance business processes. Workday Financial Management automatically transforms data related to business events into accounting, thereby simplifying the accounting processes. Users get maximum control over their companies’ finances by getting details about every transaction. It also helps them to manage risk and monitor compliance. With Workday Financial Management, finance teams can streamline their processes from contract to cash and record to report. The software also assists to create business strategies by continuous planning, analyzing and forecasting market trends, that provide them positive outcomes in the future.
Read moreSW Score Breakdown
Workday Financial Management Pricing
80% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is AgenterBooks and how does it work?
AgenterBook's online accounting software made for small business owners, freelancers and their accountants.It has almost everything you need. Agenter comes with cloud accounting to make your accounting activity more productive and result oriented, because we always strive to provide all the latest technology integration in accounting system.
Read moreSW Score Breakdown
76% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Denali Business and how does it work?
Denali Business is a powerful accounting solution designed to meet the needs of small to mid-sized businesses. It offers advanced accounting and reporting features, allowing users to easily manage their books and accounts. The interface is intuitive and user-friendly, enabling businesses to quickly and easily navigate the system. Additionally, Denali can be scaled up or down depending on the needs of the business, giving users the flexibility to choose the right modules for their needs. Furthermore, businesses can generate custom reports for unique analyses, helping to maximize the value of their data. Denali Business is the perfect accounting solution for small to mid-sized businesses looking for a comprehensive system with advanced features and scalability.
Read moreSW Score Breakdown
77% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is GimBooks and how does it work?
GimBooks is a cloud-based tool that lets users create professional and elegant looking Invoices, Purchase Orders, and Quotations, while also managing their inventory, expenses, and ledgers. The tool enables the MSMEs to manage their business efficiently. Users can select beautiful & professional looking Invoices specific to their industry or trade. Using the tool, users can create and share GST Invoices & E-waybills with customers and also manage and check their inventory instantly. Users can use Gimbooks to send gentle reminders to their customers near the due date of the invoice. It also has a reporting tool that lets users keep a live track of various business reports. Users can also file their GST efficiently and in no time. Users can check out and create other vital documents like purchase orders, delivery challans, debit notes, and credit notes using this tool. GimBooks can be used via any browser. It also has a mobile app that can be downloaded from the Playstore for quick use.
Read moreSW Score Breakdown
75% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is HappyAR and how does it work?
HappyAR helps companies get their invoices paid faster. It provides a smarter way to collect invoices that includes better visibility for the team, promises integration with the most adequate accounting and ERP platforms, besides automating workflows. Companies of all sizes use this platform. Business owners who have launched and operated professional service providing companies in the past, now take the help of HappyAR to boost performance. It eliminates the guesswork by providing better visibility across different communication channels. Furthermore, HappyAR helps configure proven workflows and can copy, activate and move the company’s attention to higher-value initiatives. Not only can this platform be used to boost the performance of the finance department but also can be used to set visibility access to sales and executive teams. Company owners, sales teams, members within the finance team and outsourced accounting professionals can rely on the same with their day to day tasks. HappyAR also offers powerful analytics and guidance alongside audit trail protection.
Read moreSW Score Breakdown
83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is MTDsorted and how does it work?
MTDsorted is an HMRC compliant accounting software that takes care of the digital tax process in a secure way. The tools are built for businesses that are looking for a new way of submitting their tax filings and returns. Users can see their submission history and add their purchases to automatically calculate their VAT return. It’s built on a secured framework with SSL enabled to give users the most secured experience. Users can use their existing software and create their VAT returns through the software. The tools provided can be used to track their sales and automatically generate tax returns. Quarterly self-assessment can be completed digitally with ease. Saving and editing returns can be done whenever needed. VAT returns can be submitted directly to HMRC without leaving the software. Users can keep using their existing software and MTDsorted as a digital link to HMRC free. Entire finance teams can be invited to the platform to make submitting tax easier.
Read moreSW Score Breakdown
76% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Mocha Accounting and how does it work?
Mocha Accounting offers cost-effective, customizable, and streamlined free accounting software to elevate their business operations. This intuitive platform allows businesses to effortlessly manage invoices, expenses, banking transactions, and more. With its advanced automation of internal processes, Mocha Accounting ensures timely payments and informed financial decisions. The software features intelligent inventory solutions for precise stock management. At the same time, its extensive customization options allow you to tailor the Chart of Accounts, transaction categories, and reports to their unique business needs. Users can benefit from multi-currency capabilities, advanced integrations, and comprehensive analytics. Mocha Accounting’s cloud-based SaaS solution facilitates real-time collaboration, automatic updates, and flexible access through a web browser. The platform's comprehensive dashboard offers a clear overview of sales, purchase orders, and GST compliance, making it an invaluable tool for any business. Whether uploading bank statements or customizing reports, Mocha Accounting provides the tools needed to unlock their business’s true potential.
Read moreSW Score Breakdown
85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is SlickPie and how does it work?
A software which provides a number of features that can help small businesses, freelancers, entrepreneurs and not-for-profit organization to issue invoices and accept payments online. With SlickPie, you can customize your invoice and issue it to your customers anytime. You can also keep a track of these invoices as to when your clients have viewed it and paid it. For making sure that you receive your payment in time, SlickPie offers your customers a number of payment platforms like PayPal, Stripe and credit card processing, so that your customers can make the payment using their preferred platform.
Read moreSW Score Breakdown
78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is dArray and how does it work?
dArray is new-generation decentralized accounting software, which helps its users to keep their data secure and private with the help of blockchain. The application offers its users an easy way to manage their accounts. Users can have control of their finances at a glance with the help of the easy-to-use dashboard. The application also contains all the data related to cryptocurrencies and reflect the same in real-time on the dashboard so that the users can track their assets easily. It also has an option to create and manage all the invoices in a comparatively easy and smart way. The expense management features allow the users to track all their expenses in different categories like the client, type, status, and more. It also has options to attach the real receipts to keep things organized. Users can also store all of their data or important documents in the privately secured storage offered by this application. Besides this, the task tracker, calendar, to-do list, and file organization are the additional features that make the software more user-friendly.
Read moreSW Score Breakdown
76% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is ConnectBooks and how does it work?
Introducing ConnectBooks the ultimate solution for their accounting and inventory management needs. Say goodbye to the hours spent manually checking every line of their books, and hello to perfect reconciliation to the penny. With ConnectBooks, every transaction, fee, return, adjustment, expense, and loss is captured with precision and accuracy in just one click. So they can rest easy knowing their books are absolutely error-free. But ConnectBooks is more than just a bookkeeping tool - it's a comprehensive platform that gives they real-time insights into their financials. With this instant updates, they can see their profits as they happen and make well-informed decisions, without having to wait for monthly or yearly reports. ConnectBooks provides they with a third-party perspective, giving they a clear understanding of their numbers and helping they manage their business like a true professional. And that's not all this stock forecast and reorder alerts ensure that they're always on top of their inventory. No more overstocking or understocking, no more missed sales opportunities, just a streamlined inventory management process. With ConnectBooks, they can track every sale, bundle, kit, variation, return, and even lost or unsellable items - all in real-time. So why wait? Close their books in just a few clicks, and gain instant clarity on their gross and net profit, orders, units sold, ad spend, fees, returns, margins, and ROI. With ConnectBooks, they'll have a complete overview of what they're making and where, empowering they to make strategic business decisions and achieve even greater success. Don't just take this word for it - try ConnectBooks today and see the difference it can make for their business.
Read moreSW Score Breakdown
90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is QuickBooks Online Advanced and how does it work?
QuickBooks Online Advanced is designed to help growing businesses with dedicated customer support, more capacity, and the most productivity. It has Additional security measures including multi-factor authentication to help keep your account secure. It Backup Data Automatically.
SW Score Breakdown
QuickBooks Online Advanced Pricing
85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is OneUp and how does it work?
OneUp is a multi-functional platform developed specifically for small businesses in order to reduce their cost and increase their revenue. It is an accounting software, an inventory management software, a CRM software, and a billing and invoicing software, all in one. It provides smart tools to the users to manage their financial accounts, inventory, expenses and CRM, and their invoices and bills- everything in a single platform. The platform enables creation, customization and sending of invoices with just a few clicks. It also assists the user in monitoring their inventory level, managing their opportunities and leads, and in setting reminders for timely planned follow ups. The platform’s accounting features include bank reconciliation, cash management, expense tracking, collections, purchase management, and tax management. Its inventory management features include multi-location access, inventory overview, purchase order management, and shipping management. Users can enjoy its CRM features as well that include contact management, call logging, list management, and marketing automation. Other than that, the platform also offers invoicing and billing features like customizable invoices, mobile payments, and online invoicing. The platform further allows multi-currency usage for easy operation and handling. Users additionally get a free trial version for testing its features before buying the premium plans.
Read moreSW Score Breakdown
75% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Bigcapital and how does it work?
Bigcapital - the ultimate solution for managing their business finances with ease and precision. This powerful online accounting software is specifically designed to automate all their financial processes, giving them more time to focus on what really matters - growing their business. With Bigcapital, them can bid farewell to the tedious and time-consuming tasks of manual bookkeeping. This intelligent automation technology takes care of everything, from creating sell and purchase invoices with customers and vendors, to managing recurring invoices and tracking payments. This means no more late nights spent organizing receipts and invoices, and no more headaches trying to keep track of their cash flow. But that's not all. Bigcapital also offers real-time exchange rate conversions, allowing them to easily do manual journals in any currency. Say goodbye to the hassle of calculating exchange rates manually, and hello to more accurate and efficient financial management. They understand that making the right financial decisions for their business requires accurate and timely information. That's why they’ve made it easy for them to generate intelligent reports in a matter of seconds. With Bigcapital, they can access real-time data and insights to inform their business strategies and make faster, more informed decisions.
Read moreSW Score Breakdown
94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is MYOB and how does it work?
MYOB is designed locally, for local businesses, working with the ATO so you’re always up-to-date. The software tracks when clients receive and open your invoices. Manage bills and expenses, then pay staff in just a few clicks. Stay up-to-date with tax as you go: no more scrambling. You can work with your accountant or bookkeeper in the software, wherever you are. Automatically update your tax tables, calculate your GST, PAYG and run reports for your BAS. Clients can use a credit card to pay directly from your invoices no fuss. Even managing customers and suppliers is a piece of cake.
Read moreSW Score Breakdown
Typical Features
The Average Cost of a basic Accounting Software plan is $19 per month.
44% of Accounting Software offer a Free Trial , while 17% offer a Freemium Model .
| PRODUCT NAME | SW SCORE | AGGREGATED RATINGS |
|---|---|---|
Sage Accounting (Sage One)
|
94 | 4.7 |
Quickbooks
|
98 | 4.2 |
LessAccounting
|
78 | 4.4 |
OkCredit
|
86 | 1 |
KhataBook
|
88 | 4.5 |
AutoFillings
|
79 | 0 |
Workday Financial Management
|
93 | 3.1 |
AgenterBooks
|
80 | 0 |
Denali Business
|
76 | 0 |
GimBooks
|
77 | 0 |
Top 10 Accounting & Bookkeeping Software Tools...
A Comprehensive Guide on Nine Types of Accounting
SaaS weekly roundup #42: LegalZoom acquires Revv, S...
How can Companies Mitigate Saas Accounting Challenges?
Top 7 Data Technology Trends in 2022
Top 10 Accounting Software for Small Businesses to ...
SaaS weekly roundup #45: Dell spins off VMware, Tim...
Interview with Rahul Raj, CEO and founder at FloBiz
Top Expense Management Software to Try in 2021
7 Top Free and Open-Source Accounting Software to U...
An Accounting Software is designed to provide an online platform to manage all the accounting activities of a business. This software helps an organization by integrating various data from different departments and allowing accountants to work in collaboration. The main services provided by these software include accounts handling, general ledger, bank reconciliation, billing & invoicing, and tax management. This software is very beneficial for any organization as it helps them save crucial time and money.
Accounting software is a well-developed computer program that helps bookkeepers and accountants in recording and keeping a track of the company or the firm’s financial transactions. Usually, the working of the accounting software depends on the type of product that you will use. Most important firms choose to use a customized solution that allows the integration of a large amount of data and records. Smaller firms, however, choose to work with account software that is available to them from the internet.
If you would like your business to work efficiently, you will have to take up the most efficient accounting software out there, based on the job you are required to do. Most accounting software allows you to complete your bookkeeping in a few clicks. All that you will require is an internet connection. It will also store all your information in one place, so you will not have to refer through previous transactions. There will be no waste of time digging through spreadsheets and unnecessary paperwork.
Automatic accounting can really make your life a lot easier. Auto-accounting software can add, add statements, generate invoices, etc. This can save you a lot of time and provide you with an accurate calculation, as compared to accounting done by hand. With accounting software like this, the platform for errors is minimal and you can get your job done faster.
Accounting can be tough at times, especially when you find yourself surrounded by disorganized receipts. This can get you into all sorts of trouble like fines and penalties and in worse scenarios, even legal action. Accounting software can help you avoid these mishaps. It helps in keeping your business transactions in an organized manner. Your receipts can be stored in one place and will be easily accessible. What’s more, when it comes to returns, your tax preparer can gain easier access to your books. Thus, you will be spending less time and fewer risks in your work.
The job of auditors is to check your books for the correct information that you record. If you slip, they may reprimand you and you will have to deal with heavy casualties. This can be avoided easily through Accounting Software. There will barely be any errors that can get you into trouble. This software helps in preventing IRS red flags, thus avoiding auditors on the go.
Accounting software helps you in planning ahead by tracking your financial history. You can track your previous income and compare it with your present income and savings, therefore setting up financial and business milestones for yourself to overcome.
Accounting software comes with features that will help you in keeping track of your records with ease. Listed below are the top features that you must look to when picking your accounting software.
Accounting Software must contain the basic functions- general ledger, account payable and receivable, fixed assets, and bank reconciliation.
Good accounting software must not be the one that just prepares invoices, but also does a complete round of tasks that will help you get through the accounts and finance.
A common feature offered by Account Software is the ability to calculate and interpret finance performance for the current year all the while managing and estimating the budget for the upcoming year, using the data of the previous years. This is very helpful for the company to pre-plan its finances.
Employee payrolls are important and Accounting Software will help you through it by preparing the cheques for their payments. It will also help you through the legal and tax commitments without silly errors.
If you choose to work in the retail industry, you will have to prepare yourself for frequent auditors and data updates on a daily basis. You are going to have to check and re-check your work every time you leave your workplace. Keeping the revenue and expenses to the tee is very important to the retailer, so to overcome the stress that comes with this job you may choose to rely on accounting software. These will keep track of your receipts and expenses.
It is no news that the hospitality industry has to keep track of its accountants and books. Submissions of financial reports to the managers and sudden auditors are the usual thing. The industry work on thousands and thousands of transactions each and every day. It is in cases like these where accounting software is a must to keep track of billings, payrolls, revenue, and daily expenses.
Colleges, Universities, and Schools have a large amount of staff and hence keeping a track of the payroll can be rather tedious. It is in this case that Accounting Software comes in handy. It keeps track of the salaries and wages, and also maintains the funding and the revenue of the institutions.
Accounting software helps in the billing and invoicing of various business sectors, as it is less tedious and accurate. Moreover, it does it within a short amount of time hence helping the business company with more time to gain more profits. It helps out in banking work, and in keeping track of expenses. Accounting Software also offers other methods of payment like credit card payments, online bank transfers, and Net banking. It helps the retailers in maintaining the billing and revenue of the store and keeping track of the staff payrolls.
Accounting Software allows a one-month trial period to test out the software before you make the purchase. Take advantage of this to get to know your software better.
Check out the features before you make the purchase. Make sure that the software provides you with the features they have guaranteed in the advertisements.
Make sure that the features you opt for are the ones that will make your work easier in the workspace. The features you set out for, must be the ones that come in handy while accounting.
Always keep the required features in mind while taking up the test period. It is at this time you will get to decide if this is the right accounting software for you. Accounting software is very useful when it comes to the world of billing and bookkeeping, but life becomes so much easier when you’re working with the right software.
Typical Features
This feature helps in issuing and handling the invoice and bills.
Handling the money the client owes to the company.
Handling the money owed by a business to its suppliers.
Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
Collection and management of cash.
Maintaining and recording all the accounting related transactions.
Acquiring goods or services required for the business at minimal cost
Recovery of cash from a business or individual.
Managing the expenditure of a business in order to build its product or services
Creation of financial reports specifically designed to track the financial progress of projects
Enables payment and collection in multiple currencies.
Handling the salary payable to the employees
Determining the specific conditions under which revenue is recognized or accounted for
Offers collaboration with a professional expert for financial and consulting services.
Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
Looking for the right SaaS
We can help you choose the best SaaS for your specific requirements. Our in-house experts will assist you with their hand-picked recommendations.
Want more customers?
Our experts will research about your product and list it on SaaSworthy for FREE.
