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.
