Running a business is not an easy task. You need to be organized, keep track of all the different aspects of your business and stay up-to-date with the latest trends. This is why there are so many different types of accounting apps out there. There is an app for everything. However, there are different apps for different tasks, from accounting to storage, marketing to e-commerce. In this blog, we will look at the top 5 accounting apps.
What is an Accounting app?
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An accounting app is a piece of software which allows you to run your small business on the go. Besides, it helps your business to automate, streamline and manage your accounting.
However, an accounting app is different from a cloud accounting program. A cloud accounting program simplifies your accounting tasks, but you still have to do them at your desk.
On the other hand, an accounting app allows you to automate your accounting tasks and eliminates the need to log into your desktop or laptop.
What are the top 5 best accounting apps?
There are hundreds of accounting apps out there, so what are the best apps that are right for you? Let’s have a look below at the best apps for accounting.
1. Quickbooks Online: Best overall
This is the best overall accounting app.
key Takeaways:
- Easily mobile mileage tracking and receipt scanning.
- Mobile invoicing with limited customization
- Using this app for up to 25 users but with the most expensive plan only.
Quickbooks Online is a great accounting app. Basically, it is an app you can access on your phone, tablet, and computer to check your books and finances when you are on the go.
In addition, this app is simple to use, so even someone without an accounting background can learn how to use it! With more than 5 million users, you can rest assured that it’s reliable and won’t crash.
2. FreshBooks: Best for invoicing
This app is the best accounting and invoicing app for the small business owner.
Key Takeaways:
- Firstly, this app works great and is good for keeping and invoicing track of expenses.
- Secondly, this app helps create professional invoices in seconds that help you get paid in a flash.
- Thirdly, the FreshBooks app records payments automatically, so you don’t have to worry about accounting.
Indeed, this application helps small company owners invoice clients, track spending, and invoice clients while on the go. However, on any Android smartphone, Freshbooks is insanely simple to use. In fact, this is trusted by millions of small business owners and is designed with simplicity in mind.
3. Xero: Best for collaboration
This is one of the best and most excellent accounting apps.
Key Takeaways:
- This app helps easily create invoices and view payment history at a glance.
- In addition, this app helps manage contacts and add personal details to personalise contacts.
- Furthermore, this app calculates the appropriate CIS deductions on your invoices as soon as they are created.
Xero is a user-friendly worldwide cloud-based accounting application that connects people with the appropriate numbers anytime, whenever, and on any device. However, this app helps accountants and bookkeepers develop a trusting connection with small business clients through online cooperation.
4. Zoho Books: Most comprehensive
key Takeaways:[Text Wrapping Break]
- Firstly, with this app, businesspeople automatically create invoices for regular transactions.
- Secondly, with accurate estimations, you can set the correct expectations.
- Lastly, you can make bills for your transactions and keep track of the money leaving your business with this app.
The Ministry of Electronics and Information Technology has named Zoho Books the Business category winner in the AatmaNirbhar Bharat App Innovation Challenge.
Indeed, this app is an easy-to-use. However, a GST compliant accounting app helps you keep track of your company’s financial transactions.
5. Vyapar app- Accounting
key Takeaways:
- Firstly, this app allows users to send invoices, track their clients, and organize their expenses and bills.
- Secondly, it also allows users to automate invoicing and payments.
Vyapar app is a great app that makes accounting easy. You can track your expenses, find a new features, and much more with it! It is made by a company that has been in the business for a long time, knowing what they do.
Other ways to create an invoice
Here are Google Docs Invoice Formats instructions.
- Firstly, log in to your google account.
- Open the template gallery
- Choose your invoice template
- Save the template
- Create a new invoice
- Edit the invoice
- Select an invoice naming convention
- Share the invoice with your client
Conclusion
The question of which accounting app to use can be quite daunting for some business owners. With so much choice out there, it is best to make an informed decision. We hope that the apps we have mentioned in our blog post help you become more efficient and keep on top of your business finances. If you have any questions or queries about accounting apps, please contact us.
