The Best Accounting Tools for a Growing Business

Loise Deala July 7, 2021

Accounting is essential to any business, and you can choose to either handle your accounting in-house through the use of affordable accounting services that are available on the internet, or outsource all of your accounting requirements. As a business owner, you need to evaluate your business so you can decide whether in-house or outsourced accounting is the better solution for your needs. 

Once you decide to go for in-house accounting, you will soon realize that managing financial reports and recording expenses manually can feel monotonous and exhausting. Fortunately, finance and accounting technology has advanced significantly, and the efficiency of today’s tools are a far cry from systems accountants have used in the past. Best of all, some of the most affordable financial accounting services and software are very easy to find on the internet. Here are some of them. 

• QuickBooks Online - QuickBooks Online offers a simple, customizable dashboard where you can view your financial information, records, and reports, giving you easier access to the information you need. Tracking your expenses is easier as well, because QuickBooks Online can also be synced with your bank apps so your books are always updated whenever you transact with your preferred banks. You can also use QuickBooks Online anytime, anywhere due to its cross-compatibility with multiple operating systems.  
• Sighted – Sighted is one of the best and most affordable accounting services for small business owners who are in need of some accounting help. This tool allows you to modify your invoices and statements, track your expenses, incorporate multiple online payment options, and manage customer data. Sighted also has three pricing structures (monthly, quarterly, or yearly). 
• Sage One – Sage One is a cloud-based accounting software that boasts a user-friendly interface that gives you access to a multitude of features, including expense and inventory tracking, real-time account management, Stripe integration, and 24/7 support.  
• FreshBooks -  FreshBooks is perhaps one of the most flexible tools out there as it features integration with over 100 apps, including Bench, Gmail, Slack, and many more. FreshBooks can also be used to manage your bank accounts, create financial reports, measure your earnings and expenses, and monitor timesheets alongside CRM and client care applications.  

Choosing the most suitable and affordable financial accounting services for your business allows you to simplify the way you check the growth, as well as the discrepancies, of your finances. With these tools right at your fingertips, handling all the finance-related aspects of your business will definitely be a breeze. 

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