Best Accounting Software for Medium Sized Businesses

Best Accounting Software for Mid-Sized Businesses

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Top 4 Best Accounting Software for Mid-Sized Businesses

If your business has more than 50 employees, you will need an accounting program to accommodate you. Unfortunately, most of the DIY products out there are limited to 20 or less employees – and some are designed for just one employee. We understand the frustrations you may have for finding those programs that cater to your medium business’s needs. That is why we have created a list of our favorite Best Accounting Programs for Medium Sized Businesses so that you can find one that helps you keep track of finances, inventory and even pay your employees.

We have created a list of our favorite Best Accounting Programs for Medium Sized Businesses - specifically businesses of 50 employees or more. #accounting #best #businessfinance

Rated #1 Best Accounting Software

Quickbooks Pro

Rating:

      9.4/10

Quickbooks Pro Desktop Review

Trusted, dependable accounting software.
Starting at: 19995 /year

Free Trial: None
# of Users Per Account: 5
# of Clients/Customers: Unlimited
Cloud Based:

QuickBooks Pro is one of those programs that can be tailored to small businesses and even large businesses. They offer accounting, inventory tracking, employee management tools, etc. You can only have five employees access and input the books, but that is by no means the limit on how many employees you can track or pay.

With QuickBooks Pro, you can manage as many sub-contractors as you would like and you can even print 1099s without upgrading to the payroll option. If you need to pay and prepare W2s for your employees, you will then need to upgrade to the QuickBooks Pro with Enhanced Payroll. From there you will pay the one-time download fee for Pro, plus a monthly fee and per employee fee for payroll – allowing you to manage as many employees as you need.

A Few Details about this Software:

The one-time download fee for QuickBooks Pro is $219.95. If you wish to add payroll, you’ll pay $27.30 per month for the first six months and then $39.00 per month plus $2.00 per employee after that.

Customized Invoices: Credit Card/Paypal Processing: Added Fee
Expense Tracking: Import Bank Transactions:
Estimates or Quotes: Employee Time Sheets
Converts Estimates/Quotes to Invoices: 1099’s:
Managing and Paying Bills: W2’s:
Inventory Tracking: Prints or Electronically Processes Payroll Checks:

Want to upgrade to 2017, 2018 and more? If you opt for the one-time download, you cannot access automatic updates. But, if you pay the annual Pro Plus account fee, you can. Pro Plus starts at $199.95 per year and you automatically get cloud backups and automatic updates to the latest version of Pro.

Rated #2 Best Accounting Software

Sage 100

Rating:

      7.4/10

Sage 100 Review

In-depth accounting for SMBs.
Starting at: 4500 /month/user

Free Trial: None
# of Users Per Account: 3 - 1,000
# of Clients/Customers: Unlimited
Cloud Based:

Sage 100 ERP can technically take on as many as 100 employees with ease. While this is true, most users that have Sage 100 ERP as their accounting program will have less than 50 workers. That is because the implementation of Sage 100 doesn’t include payroll – this is something you will add on extra with Sage products.

You can track time for your employees via Sage 100 without upgrading to the payroll program. And you can track as many employees as you need. You can also pay and manage subcontractors without upgrading.

A Few Details about this Software:

With Sage 100 ERP, you will pay anywhere from $45 per month per user to as much as $110 per month per user. To start adding payroll, you will pay $49.95 per month.

Customized Invoices: Credit Card/Paypal Processing: Added Fee
Expense Tracking: Import Bank Transactions:
Estimates or Quotes: Employee Time Sheets
Converts Estimates/Quotes to Invoices: 1099’s:
Managing and Paying Bills: W2’s:
Inventory Tracking: Prints or Electronically Processes Payroll Checks:

Want to try Sage 100? Sage 100 is a big upfront investment for most businesses. They don’t offer a free trial, but to see if you like how Sage 100 works, you can request a free demo.

Rated #3 Best Accounting Software

Quickbooks Plus

Rating:

      9.4/10

Quickbooks Online Plus Review

Online accounting with payroll.
Starting at: 3995 /month

Free Trial: 30 Days
# of Users Per Account: 5
# of Clients/Customers: Unlimited
Cloud Based:

QuickBooks Plus is like other QuickBooks products – it can be scaled to the size of your company. But, Plus is specifically designed for larger small businesses or medium-sized businesses with 50 or more employees.

With Plus, you can enjoy online accounting, inventory management, customized invoices and even employee management. You can also track income and profits based on locations – so if you have more than one location, you can still manage everything in a single program. You can also track billable hours by clients and employees. You have up to five employees that can access your Plus account and then you can upgrade to add on payroll for as many employees as you need.

A Few Details about this Software:

QuickBooks Plus is an online software, which means you will pay a monthly fee to use it. With Plus, you will pay $23.97 per month for six months and then $39.95 per month thereafter. If you choose to add on Enhanced Payroll you will pay $32.97 per month for six months and then $65.95 per month plus $1.50 per employee after that.

Customized Invoices: Credit Card/Paypal Processing: Added Fee
Expense Tracking: Import Bank Transactions:
Estimates or Quotes: Employee Time Sheets
Converts Estimates/Quotes to Invoices: 1099’s:
Managing and Paying Bills: W2’s:
Inventory Tracking: Prints or Electronically Processes Payroll Checks:

Want to try it for free? You can take advantage of a free 30-day trial with QuickBooks Plus, but note that if you do the free trial you cannot access the introductory rates.

Rated #4 Best Accounting Software

Quickbooks Premier

Rating:

      8.8/10

Quickbooks Premier Desktop Review

High efficiency accounting and inventory management.
Starting at: 37995 /one time

Free Trial: None
# of Users Per Account:
# of Clients/Customers: Unlimited
Cloud Based:

QuickBooks Premier is a desktop version of QuickBooks and is one of the most trusted accounting products still on the market today. Businesses of all sizes have been utilizing Premier for years to keep their finances and employees in order.

With Premier you get accounting, inventory management, integrated shipping, subcontractor management, recurring billing and much more. While you can manage employee time and as many subcontractors as you want, you will need to upgrade to a payroll account if you have permanent employees that you need to pay or if you need to monitor and pay your payroll taxes.

A Few Details about this Software:

QuickBooks Premier is relatively affordable -especially when you consider the costs you pay annually for per month contracts. For a one-time download and fee, you will pay $379.95.

Customized Invoices: Credit Card/Paypal Processing: Added Fee
Expense Tracking: Import Bank Transactions:
Estimates or Quotes: Employee Time Sheets
Converts Estimates/Quotes to Invoices: 1099’s:
Managing and Paying Bills: W2’s:
Inventory Tracking: Prints or Electronically Processes Payroll Checks:

What if I want to upgrade? If you would rather upgrade each year and enjoy cloud backup, then sign up for QuickBooks Premier Annual Plan instead. This plan starts at $299.95 per year and you can upgrade to the latest version of QuickBooks Premier each time it is released.

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