Using the correct software and systems will help reduce the amount of time you need to worry about accounting. Here top 7 accounting software for small businesses.
Accounting is one of the more complicated parts of running a small business and is often not a part of its primary skill set. A host of software is on offer to small companies that are usually cheap and can significantly impact organizing and automating these jobs. Using the correct software and systems will help reduce the amount of time you need to worry about accounting, giving you more time to focus on your business’ day-to-day running.
Top 7 Accounting Software for Small Businesses
Using the correct software and systems will help reduce the amount of time you need to worry about accounting. Here top 7 accounting software for small businesses.
#1 Xero
Xero is accounting software based entirely on the cloud and is designed to help small businesses manage a range of accounting tasks, from invoices, inventory, to bookkeeping in a single place. The software has a mobile app to check your finances when you’re not at your laptop or PC and has flexible pricing to fit what you need.
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#2 FreeAgent
FreeAgent is explicitly made for freelancers and contractors and allows you to log your time, expenses, review your business accounts, and file your tax returns with ease. If you’re an early-stage business, but need a platform to manage your accounting, this is ideal. Pricing starts at £19 per month for the first six months and has a free trial, so you can test if it’s right for you.
#3 Zoho
Another accounting system made for small businesses, this software has everything you need to run your day-to-day accounts, such as invoicing, expenses, inventory tracking, bank connection options, and more. There’s a 24/7 support service to assist with any issues, and the basic package starts from only £6 per month.
#4 QuickBooks
Designed with flexibility in mind, QuickBooks is designed for small businesses and freelancers, with many features to help manage your accounts. You can select add-ons based on the parts you need, rather than having to pay for an all-in-one system with many features that aren’t relevant for you. You can also use it remotely by using cloud based QuickBooks which can be accessed through Microsoft Azure vdi for maximize your accounting experience.
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#5 Workable
If you’re hiring additional staff, you’ll have likely found a lot of admin, and the process can quickly become messy. Workable offers a hiring workflow pipeline to help you keep track of candidates as they move through your interview process. You can add in applications, schedule interviews, and score applicants after interviews. The software allows you to create job descriptions, and then automatically post them onto popular job boards and has 24-hour support.
#6 Gusto
If you’re spending a lot of time on payroll and staff benefits, then Gusto may be an ideal solution for your business. The system integrates with other accounting software and helps with deposits, tax filings, and employee payments. You can upload employee benefits, charts of organizations, and add in retirement planning. For more information on tax-specific software, go to Tax Fyle for all the resources you may need.
#7 Zoho People
Like their accounting software, Zoho People is flexible and scalable, with all the basic HR tools you need and integrate with other Zoho products. The software is free if you have five or fewer people on the system and allows you to store employee information, manage holiday time and sick pay, performance management, and more.
Manvendra Chaudhary, with over 5 years of professional experience as CEO of Unique News and Megalent Marketing, shares insights on life, business, and health for your success.
Mumbai, April 16 (IANS) – The BSE Sensex is facing a significant dip of over 300 points on Tuesday amid ongoing geopolitical tensions, with the index currently at 73,040 points and down by 358 points. The market is apprehensive about the possibility of Sensex falling below the crucial 73K mark if the trend continues.
IT and financial sectors are witnessing a downtrend, with major players like Infosys, Bajaj Finserv, Indusind Bank, Ultratech Cement, and L&T experiencing a decline of more than 1 per cent. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted that economic and geopolitical concerns are likely to exert pressure on the markets in the short run.
According to Vijayakumar, the rise in US bond yields poses a threat as it diminishes the likelihood of rate cuts by the Federal Reserve this year. The surge in bond yields has a negative impact on high-risk assets such as equities, potentially leading to an increase in Foreign Institutional Investor (FII) selling in emerging markets like India.
Elaborating on the geopolitical aspect, Vijayakumar pointed out, “The market is more concerned about the geopolitical issue. Israel military chief’s statement that ‘there will be a response to Iran’s attack on Israel’ has increased the probability of escalation of tensions in the Middle East. This is likely to keep the markets weak in the near-term.”
In light of the current market scenario, investors are advised to closely monitor developments while considering accumulating high-quality large-cap stocks on corrections. Vijayakumar suggested that corrections in the market will make valuations of large-caps more reasonable, particularly in sectors like banking, IT, autos, capital goods, oil & gas, and cement. Additionally, with metal prices showing stability, metal stocks are expected to exhibit resilience in the market.
New Delhi, April 16 (IANS) realme has launched the realme P series 5G, starting with the realme P1 Pro 5G under Rs 20,000. The device features a stunning display, powerful performance, and impressive camera capabilities. Let’s delve into the detailed review to see if it’s worth the investment.
The realme P1 Pro 5G sports a vibrant 6.7-inch FHD+ Curved AMOLED display with a refresh rate of up to 120Hz, enhancing the viewing experience. It also offers TÜV Rheinland Strobe-free Certification for visual comfort in dimly-lit environments.
Powered by the Snapdragon 6 Gen 1 5G Chipset, the device boasts an 8-core 64-bit architecture for potent performance and lower power consumption. The phone comes with 8GB RAM+128GB ROM or 8GB RAM+256GB ROM and runs on realme UI 5.0 based on Android 14.
With a versatile camera setup including a 50 MP Sony LYT primary camera and an 8MP ultra-wide camera, the realme P1 Pro 5G captures stunning details. The device also features a 16 MP selfie camera for crisp and clear selfies, making it a great choice for photography enthusiasts.
The sleek and ergonomic design of the realme P1 Pro 5G is inspired by Bird Culture Phoenix Design, offering a sophisticated look. The phone is lightweight at 184 grams, with a 93% screen-to-body ratio and IP65 water and dust resistance.
Equipped with a 5000 mAh battery and 45W SUPERVOOC charger, the device ensures robust battery life and quick charging. Fully charge the phone in just 67 minutes or reach 50% charge in 30 minutes, minimizing downtime.
In conclusion, the realme P1 Pro 5G redefines the mid-tier smartphone experience with its impressive display, powerful performance, and excellent camera capabilities. Whether you’re a power user or a casual user, this device offers a compelling option in the competitive market, elevating the mid-range smartphone experience.
ProcMart, an online B2B marketplace, has successfully raised $30 million in its Series B funding round led by Nandan Nilekani and Sanjeev Aggarwal’s VC fund. The capital will be used for strategic acquisitions, expanding distribution network, and strengthening global operations in Southeast Asia.
Founded in 2015 by Anish Popli, ProcMart aims to revolutionize the Indian MRO industry by focusing on centralised procurement and optimizing non-core expenditures. The company’s credibility and infrastructure position it well to take advantage of the market opportunity.
The funding round also saw participation from Paramark Ventures, in addition to existing investors Sixth Sense Ventures and IndiaMART. The capital will be utilized for talent acquisition, technology development, and expanding operations in new regions in India and globally.
Fundamentum, one of the lead investors, was impressed by ProcMart’s consistent growth and profitability over the last 3 years. Ashish Agarwal of Edelweiss Discovery Fund highlighted ProcMart’s excellent service capabilities and partnership potential.
With a presence in 20 cities in India and operations in Malaysia and Indonesia, ProcMart continues to expand its reach and services. The company’s focus on fundamentals and profitability has attracted strong backing from investors, paving the way for future growth and success.
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