Best Paid Accounting Software Options for Small Enterprises in 2020
Discover the top paid accounting software options for small businesses in 2020, including Zoho Books, QuickBooks, FreshBooks, and Xero. These affordable solutions simplify financial management tasks like invoicing, expense tracking, and payroll, helping small enterprises optimize efficiency and accuracy in their accounting processes.
Top Paid Accounting Solutions for Small Businesses in 2020
For small enterprises, accounting software is essential for streamlining tasks like managing purchase orders, receivables, payables, payroll, invoicing, expenses, reconciliation, and financial reports. The ideal software should be budget-friendly and make data synchronization and report generation straightforward and efficient.
Below are four leading paid accounting programs for small businesses this year.
Zoho Books: Zoho Books offers comprehensive accounting features such as report generation, bank account synchronization, expense tracking, invoice creation, and sending. At $9/month, it provides a wide array of tools at an affordable price.
The platform boasts a clean, user-friendly dashboard with widgets like bank and credit card views, project management, expense overview, cash flow visualization, outgoing payments, and receivables. Its design is intuitive, with a clear, clutter-free layout that simplifies adding new entries.
QuickBooks: Ideal for startups and growing businesses, QuickBooks offers basic features or scalable upgrades to meet expanding needs. Starting at $7/month, it provides tools for tax filing, automatic backups, expense and income tracking, and detailed financial reports. It's perfect for small service providers, restaurateurs, online sellers, consultants, and freelancers.
FreshBooks: Focused on expense, time, and invoice management for very small businesses without requiring advanced accounting skills, FreshBooks emphasizes simplicity and ease of navigation. It offers various reports and flexible expense tracking, with plans beginning at $7.50 per month. Its user-friendly interface makes financial management accessible for all.
Xero: Starting at $20/month for five bills and invoices, Xero is renowned for its ease of use and efficiency. It offers a variety of features such as invoicing, bill payments, bank reconciliations, expense claims, inventory management, purchase orders, and payroll. The platform also provides a free 30-day trial, making it accessible to new users.
