Businesses fail for a variety of reasons and one of them is a poor accounting. An article in the New York Times mentions that bad numbers can spell doom for your business as you can face tax related problems that will hamper your reputation. So, it is essential to take care of the accounting requirements to avoid such conditions. Fortunately for those who are struggling with accounting, there are a number of accounting tools available in the market. Here are a few of them that you can consider for your business:
1. Wave
This is a user-friendly cloud-based accounting software meant to keep a track of your income and spending. This software is approved by certified accountants and offers services such as payroll and payment management, invoicing and handling personal finance, thus, helping you manage your cash flow properly. You can use this software to generate business reports such as balance sheets and sales tax report. Moreover, it keeps a record of your finances by uploading the money receipts in your account.
2. FreshBooks
This is a great accounting tool for businesses and is extremely user-friendly. With this software, you can send invoices quickly and track your expenses in minutes. With the unique features of FreshBooks, you can check whether your client has viewed your invoice or not. Also you can use this software to track your monthly expenses, schedule invoice generation and keep a track of the billable hours as well.
3. Zoho Books
If you are a small business owner, then this software will be particularly beneficial for you. It accepts online payments, track your expenses, schedules the bills and sends a reminder, and also generates a professional invoice. Zoho Books come with a time tracking tool that helps you in calculating your taxes and manage your time-sheet.You can even use this software to track your customer data from anywhere, anytime. Integrate this tool with PayPal, Authorize.net or Square for easy payment options.
4. QuickBooks
From sending invoices to generating bills, Quick Books does it all for you. It is equipped with all the basic accounting needs. You can access balance sheets and reports for profit and loss. QuickBooks can be integrated with a number of other apps such as LivePlan, Square,and PayPal.
5. Invoicera
This accounting tool is loaded with a variety of features. With this tool, you can generate customized invoices, track your expenses, receive payments and manage your cash flow. Not only this, Invoicera also helps you track your time spent on a particular project. You can even use this tool to assign tasks and evaluate those to boost your productivity.
These tools come with a host of feature and help entrepreneurs handle their accounting tasks. Hopefully, you find these tools beneficial for your business. If you still want to avail accounting service in Thailand, get in touch with us. Our experts can help you will all the accounting and bookkeeping activities. Call us today at +66 26260277 or write to us at [email protected]
