— Best Accounting Software for 2018 —
Top 5 Best Accounting Software
You don’t have time to go through each accounting program out there, test trials and see who works. Instead, you want a list of the best accounting programs out there for your business so that you can easily narrow it down to just one. Our editors have tested and tried multiple accounting platforms to compile this list of our Top 5 best accounting software programs. These five were picked for their ease of use, affordability, features and scalability – and we think you’ll like them just as much as we did.
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No one wants to read a large manual for their accounting software and we can appreciate that. We personally tested our accounting programs to see which were the easiest to use – whether you are brand new to accounting software or dabbled in them here and there. This list of the Easiest to Use Accounting Software features five companies that make it so easy to setup, get started and maintain your financial records that you will almost feel as though you didn’t even keep track of the books.
You shouldn’t have to pay a fortune for your accounting software – and there are plenty of options out there that offer everywhere from basic to advanced accounting all for an extremely budget-friendly price. We not only tried these programs, but some of our staff even use these programs themselves! This list of the Most Affordable Accounting Software shows you just how little it can cost to get great financial control of your company.
There just aren’t enough options out there for freelancers and independent contractors when it comes to reliable accounting. That is why our editors took the time to test and handpick accounting software that truly is the Best Accounting for Freelancers and Independent Contractors. These companies focus on the needs of a freelancer – from Schedule C preparation to estimated quarterly tax payments and more. If you’re an independent contractor, you will find these programs offer you the features you’ve found lacking in other programs.
Small businesses don’t need overly complex financial software, but they also don’t need something too simplified. We understand your business is unique and has its own list of needs – from payroll to inventory and more. That is why we’ve handpicked the Best Accounting for Small Businesses so you can find software that accommodates companies with less than 50 employees.
Got more than 50 employees? You need an accounting program that can accommodate you. Surprisingly, there are tons of programs out there that cannot handle more than 50 employees. But, we’ve tested and personally tried these programs to ensure they meet or exceed the needs of small to medium-sized businesses so you don’t have to waste your time. Some even come with industry-specific customizations so that you can tailor your program to your actual industry.
When you have employees and you are doing your own accounting, you don’t need to pay for multiple software programs or hire a separate company just to pay the people that work for you. That is why we personally tested multiple accounting programs to find those that offer payroll (either as part of their service or as an add-on feature) so that you can keep track of company finances and still pay those that are helping take your business to the next level.
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What’s the point of having accounting software if it cannot also simplify tax time? Believe it or not there are plenty of programs out there that offer limited resources and support for taxes – but there are a handful of those that understand your woes. This list of the Best Accounting Programs for Tax Assistance brings to you five vendors that help you track income/expenses, prepare tax forms and some even file taxes for you! With these, there’s no need to stress at tax time, because it is all done and ready for you simply to hit “submit”.
Whether you run a retail outlet or have materials in-stock that you need to track, you need an accounting program that offers inventory tracking and management. Not all accounting programs offer inventory – and some will force you to pay an outrageous amount to add it on. Our list of the Best Accounting for Inventory brings to you a list of five premier accounting programs that have inventory included as part of the price or have reasonable add-ons so that you can track, manage and even account for inventory losses all from a single program.
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Tips for Selecting the Best Accounting Software
Price shouldn’t always be a factor. Remember it is a tax deductible purchase, and sometimes you will have to pay more depending on the specific features your business needs.
Type of Business
The type of business you run will ultimately determine what type of accounting software you need. After all, a large retailer will need much different features than an entrepreneur or even a freelancer.
If you aren’t in the office, skip the desktop software and go for something cloud-based with a mobile app. That way you remain in control of company finances no matter where you are.