As a small business owner, you might  be a born entrepreneur, but you’re less likely to be a born accountant. so it’s possible that you’ll find bookkeeping a tedious distraction, especially when your focus lies with building your brand and growing your business.

Small businesses all over the world are turning to online bookkeeping services to keep on top of their accounting, payroll, on-boarding and tax processes.

Red Bench offers all of these services and more, all at your fingertips. Using Xero, our clients get to see where their money is – on the go. Create bids or invoices, or even take ACH payments on invoices right there on the jobsite, using your phone. We modernize the way bookkeeping is done.

From now until September 1st, 2019, Red Bench Financial is offering your first month of online bookkeeping at the In-Business level for FREE! (after the one-time set-up fees). This can be a savings up to $350!

Simply submit the form here – and we’ll get the process going to get you all set up to do your bookkeeping on the go!

Top Bookkeeping and accounting services for small businesses in 2019

Business needs hard work and efforts to become a successful one. Every area of the business requires a proper plan, analysis, and implementation. Bookkeeping and accounting are two major areas in business. These two areas include many tasks such as preparation of invoices, generating bills, making financial statements and managing cash flow. A single mistake in bookkeeping and accounting can lead to severe results in a company.

It is, therefore, a wise decision to opt for professional bookkeeping and accounting services. These services work better than individuals or group of accountants.

The small businesses have ample benefits for choosing the best bookkeeping services. They are as under:

• Professional services

Preparation of balance sheet, cash flow statement, finding accounts payable and receivable are tasks of an expert. When you hire professional bookkeeping and accounting services, there is no stress of good quality work. The experts will study every bill and invoice and give the picture of cash flow.

• Security

The professional bookkeeping services firms keep the data safe and secure. They make sure that none of the outsiders know the facts and figures of the business. This practice will lead to business growth.

• Reliable

Choosing professional bookkeeping services online will help in a number of ways. The skilled team of accountants will check every paper and prepare a balance sheet and P&L. They also help in the calculation of taxes and payroll. They give an optimum solution for every problem.

• Efficient tools

Professional bookkeepers have sophisticated tools to make accounts a simpler process. They manage the books of accounts well with the accounting software solutions. These tools can perform numerous tasks in a small business from making payroll to preparing cash flow statements.

• Technical support

Hiring professional bookkeeping services will give you the benefit of technical support. Such firms have 24/7 tech support to help their customers in case of doubt or query.

• Accuracy

An individual may not be capable to handle all the tasks of accounts and bookkeeping. A bookkeeping service firm will help in getting the accurate work without any bias. The professionals will ask for every document and paper of the business which will reveal the real picture.

• Affordable in price

Hiring accounts to experts is a good way rather than depending on some individuals. The experts will do every task in an effective manner at a reasonable cost. This will further save time and money. Apart from that, you will get better quality work.

Accounting software solutions for small businesses

There are some of the most amazing software solutions which you can use for small business:

• Sage Intacct

Sage Intacct is a robust platform for managing various accounting tasks. It is one of the most popular tools used by many small and medium-size businesses. It comes with many cool features such as general ledger, report templates, and others. It can provide accurate bills processing. You can prepare a sales report and balance sheet with report templates.

• Spendesk

The next is Spendesk which is good bookkeeping software for small business. It monitors and handles all the accounting tasks in a few clicks. This tool will keep the full track of the sales and purchases that took place in the business. This software will help in controlling the budget of the small business. Data entries will be automatically done on this platform.

• ADP Workforce Now

You can prepare financial reports and manage payrolls with this tool. It has a superb dashboard to view all the statues of the business. You can download this software on both Android and iOS devices. It simplifies the HR functions in the small business. It manages bonuses, commission, payroll, benefits and other statistics.

• Zoho Expense

Zoho Expense synchronizes all the accounting functions and you can view them on a single dashboard. With the help of this tool, you can make bills and carry out various credit card transactions.  It will show all the financial transactions of the small business in a precise way. It records automatically all the expenses of the business.

• ECount ERP

The next on the list is Ecount ERP which is one of the best bookkeeping systems for small businesses. It allows you to effectively handle the sales, purchases, HR and accounting processes. It further helps in cutting the costs by suggesting ERP systems. The setup is easy and the plans start at $55 per month. This tool will manage the accounts payable/receivable, cost accounting and cash flow statements.

• Startup Financial Model

As the name suggests, this tool is suitable for small business and startups. You can make financial models and different reports with this software. It comes with simple functionalities which ease your job to enter data. This software solution can do accounting work on its own. Additionally, Startup Financial Model works online as well as offline mode.

• FreshBooks

FreshBooks is new-era software designed specifically for accounting work. You can prepare endless bills and invoices using this tool. It synchronizes easily with other apps. It has a beautiful user interface to do any work in a simple way. It manages all the payments and receipts. It can connect well to various payment gateways.

• QuickBooks Online

The list is incomplete without QuickBooks Online software. It makes even the tough accounting work simple. It brings all the activities and reports on a single dashboard. It is a safe tool which can manage all the activities of the small business. It is affordable in price as well. It will reduce the stress of managers in preparing the salaries and payroll.

Conclusion

So now, if you want robust software solutions for your startup, choose these tools. These accounting software solutions give excellent performance and manage all your accounting work.

These tools will help you in managing bills, invoices, and other receipts of the business. They are of great help to employees and the managers of the business.

Excellent payroll software for companies to download in 2019

Employees are the backbone of the organization. There are important matters in the company such as calculation of employees’ salaries and generating tax forms. The manual calculation can be subject to some errors and mistakes. So, it is better to choose payroll software which will do any task of payroll within a few minutes.

There are various payroll software solutions available for large and small companies. They can do perform the task of payroll management in an effective manner. Let us have a look at the best payroll software for accountants.

• Justworks

Justworks is an amazing tool for calculating employees’ salaries and the manager’s remuneration. It is a very useful software solution for part-time workers. It comes with automation options and payroll services for the ease of employees.

You can calculate the leaves, salaries and tax deductions with this tool in a few minutes. Justworks will show the date of payment to all the employees of the company. It is a simple tool to use in any organization for calculation of salaries.

• UltiPro

This is good payroll software for small business you can choose. It comes with cool features such as compensation, payroll, time, labor management and HR. This tool will keep you updated on all the activities of your employees. It will give details such as performance history, employment history, and personal information.

It also calculates the payroll by adding and deducting the amounts. UltiProincludes other features like employee portal, business intelligence tools, and performance management.

• OnPay

Unlike before, calculation of payroll and salaries is much easier nowadays. OnPay facilitates the tax filing process and payment procedures. It will show you every entry of the payroll like tips, bonuses, hours and reimbursements. This will further help in the speedy calculation of salaries and remuneration.

Additionally, this tool can manage payroll for than 1000 employees. OnPay is suitable for small, medium and large organizations. There is also a free trial of OnPay for one month by completing the sign-up process.

• Zenefits

The next on the list is Zenefits which is the best payroll software for small companies. It gives a stress-free solution of calculation of salaries to HR managers. This tool contains nice features like payroll sync, onboarding, mobile optimization, and others.

It has a single dashboard to perform all HR functions at the same time. This is one of the best tools for HR managers to know the progress of the employees.

• Intuit Payroll

With sophisticated design and easy features, Intuit Payroll is a complete HR package. It will give the accurate working of salaries and remuneration after making the deductions and additions. It is one of the most affordable tools for every business. It makes the task of managing payroll easy in an organization.

Live experts and payroll specialists will help you in calculating salary packages. It helps in preparing cash flow statements. The customers will get technical support if they get any queries.

• AccountEdge

The next on the list is AccountEdge. It is the robust payroll software for one employee. You can do several tasks with the help of this tool. The tool comes with features like payroll, inventory, and others.

You can prepare invoices and bills and track purchases and sales. There is a discussion forum in which you can ask your query and get the answers from other users.

• Wagepoint

Wagepoint is new era tool which will set the payroll. You can calculate the salaries of the staff and create bills and keep a track of sales and purchases on this tool. Wagepoint is very safe to use in any company. It includes 256-bit SSL encryption for keeping safe all the data from the hackers.

Additionally, it is a robust platform for managing direct deposits and tax reporting. Many employees can use this tool at the same time.

• Dayforce HCM

The next is Dayforce HCM. It can handle many tasks of the company such as document management, workforce management, payroll, and tax. The managers can view the progress of the employees in a precise manner. You can maintain HR records, hire employees and make the work schedule with this tool.

Furthermore, Dayforce HCM has features such as document management, performance management, and dashboards. You can manage every task with Dayforce HCM. It will reduce the stress of the HR department.

• Patriot Payroll

This tool will give you the real picture of the workforce in the company. It is one of the best tools for small and medium businesses. Furthermore, Patriot Payroll has firewalls and encryption techniques which will keep the data safe and private.

It will calculate the payroll as you enter the details of the employees and historical data. You can also print paychecks or check stock with the help of this tool. Additionally, you can track various payments using this software.

• SurePayroll

The last on the list is SurePayroll. It is the excellent payroll software for large business. It makes the task of preparing salaries easier by showing the accurate working. You can manage the hourly and weekly payments of part-time workers with this tool.

It works well on Android as well as iOS devices. It comes with compliance assistance to follow labor laws and other laws from time to time. The library of SurePayroll contains many HR forms which you can download on your system.

Conclusion

The payroll management is easier than before with these tools. These payroll software solutions are affordable in rates and give other benefits too. One of the biggest benefits is that these tools keep the data and information safe.

You can prepare the salaries without any difficulty. These tools are beneficial for every type of companies. You can do other tasks such as file taxes and make a work schedule with these tools.

Best Accounting Software for small business 2019

Accounting plays crucial role in the development of small businesses. A weak accounting base may hinder the growth of small companies. It is, therefore, necessary to maintain every paper, document, bill, and invoice. Furthermore, accounting is also important in calculating the taxes and other expenses of the business. Gone are the days when the accountant had to scratch his head to prepare a balance sheet, P&L statement and other financial statements.

Today, there are many accounting software in the market which does the work of the accountant. They perform the same duties as that of an accountant. Let us have a look at the best hotel accounting software for the year 2019.

• Tipalti

Tipalti will simplify each of your payments now. It comes with an array of useful features for a small business like payment facilitation, automated payment, advanced reporting, and others. It also makes the tax procedure much easier and better for the employees. This is one of the best invoicing software for small businesses in the year 2019. It will create all the bills payable and receivable in the business. Additionally, Tipalti simplifies the payment processes in more than 190 countries.

1. QuickBooks

The next on the list is QuickBooks accounting software. Be its preparation of financial statements or payroll statements, this software can perform every accounting task in a precise manner. It comes with set of guides, videos, and tutorials so that any person without the knowledge of accounting can handle this software.  The plans of QuickBooks start from $5 to $25 per month. Furthermore, this tool also helps you in tracking the various bank transactions. It is a highly secure app for small businesses.

• FreshBooks

FreshBooks has all the features of perfect accounting software. Most of the sole proprietors and freelancers use this tool for different tasks of accounting. It can generate bills, invoices, and other documents. Additionally, FreshBooks allows you to prepare balance sheet, cash flow statement and other statements you need in the business. It can also help you in making a payroll statement. There are many other beautiful features in FreshBooks such as online payment feature, mobile optimization, and others. It will show you the total accounts and bills receivable.

• ZohoBooks

Small businesses have limited capital. Due to that, one has to incur fewer expenses. To buy accounting software is an important decision for small companies. If you want good accounting software with multitasking feature, choose Zoho books. It can do everything related to accounting. This tool has various useful features for your business such as graphs, cash flow statement, P&L statement, and others. One of the biggest advantages of ZohoBooks is that it is easy to install and use.

• GoDaddy Bookkeeping

This is a nice option for small companies. It has lesser features than other software. For tax consultants and freelancers, GoDaddy Bookkeeping tool is the right choice. It simplifies the payment processes of small businesses. Additionally, this software has the feature of integration with online apps such as eBay and Amazon. This will further make the payment processes much easier. The plans of the GoDaddy Bookkeeping tool start from $4.99 to $14.99 per month. You can also get a 20% discount for the 1st year.

• Xero

Xero is a popular accounting tool used in the small companies these days. It gives the best online bookkeeping services at affordable prices. It can manage all the tasks of accounting. It includes many accounting tools and amazing features for simplifying accounting work in small businesses. It shows the exact number of bills receivable and bills payable. In addition to this, this tool also calculates the taxes. It also helps in preparing the salaries of the employees.

• 17Hats

The next on the list is 17Hats. It is preferred by many small business owners and freelancers. It comes with a robust dashboard through which you can perform every task of accounting. It helps you in managing payments, invoices, leads, workflows, and other tasks. Furthermore, the tool includes the features like to do lists, templates, and quotes to make your regular tasks much simpler. 17Hats can also be used by large business owners.

• FreeAgent

FreeAgent is the ideal platform on which you can do any accounting task with ease. It includes many features such as cash flows, payrolls, expenses, time tracking, and others. It will help you in creating the invoices and bills of the small businesses. Additionally, you can keep track of all accounts payable and accounts receivable with the help of the dashboard. FreeAgent will also connect you to the bank. You can download all the bank transactions.

• Wave

Wave is the ideal accounting software for the purposes of invoicing and tax management. It is a good tool for freelancers, sole proprietors, and small business owners. Wave allows you to generate invoices, bills, and receipts which you need to send to other parties. It further simplifies the payment processes. Wave is absolutely free to use. You can also know all your bank transactions with the help of this tool.

• Sage 50cloud

The last one on the list is Sage 50cloud. It contains features such as cash flow, invoicing, taxes and budgeting. You will also get a free trial by completing the sign-up procedure. You can know the accounts payable and account receivable in a few clicks. The plans of Sage 50cloud start from $45 per month. It is one of the most powerful tools for small businesses.

Conclusion

These accounting tools will allow you to do all the accounting tasks with ease. They have all the features which are important for the growth of small businesses. You can do every task accounting task from generating bills to preparing financial statements with these tools.

So now, grow and expand your small business with the help of Red Bench Financial best small businesses accounting service with payroll.