Top 7 Tips for Those That Are Sick of Quickbooks
Small businesses tend to look for certain capabilities in a bookkeeper. The Quickbooks has been ruling this segment for quite some time. However, a large section of these business owners has grown sick of using Quickbooks of late. This has happened due to the cost and complexity involved with this type of accounting.
A number of advanced alternatives to Quickbooks have been launched in the recent times. Most of them are simplified and fall within your budget. These alternatives are of great help regardless of whether you’re searching for a free Quickbooks alternative, attempting to use a first-of-its-kind accounting software for your business, or trying to switch over from certain accounting software to other options.
Tips to Compare the Best QuickBooks Alternatives
In general, small businesses tend to look forward to QuickBooks alternatives as the latter prove to be less expensive and fulfill their rare business needs that would otherwise remain unfulfilled with Quickbooks. On most occasions, these products tend to outperform Quickbooks. Most of these businesses choose their favorite alternatives based on some criteria.
Few common factors that are assessed by small businesses while conducting their test run:
Price: Small businesses consider the price factor as they try to get things under their budget.
Multiple User Access: Most businesses try to acquire the much-needed flexibility of inviting a CPA or bookkeeper for accessing data in a simplified manner.
Processing Payments Online: It’s quite natural for the modern businesses to enable their users in meeting invoices directly by using online payment modes like that of their credit or debit card.
Managing Accounts Payable: This is about monitoring vendor bills that haven’t been paid and have gone past due.
Simplicity: It’s actually quite simple for a business owner to gain knowledge of such accounting software and make the most of them even while lacking professional expertise.
Managing Accounts Receivable: This is about monitoring customer invoices that have remained open and are likely to come due.
Generating Financial Statements: This is about gaining the ability to draw a statement of cash flows, a P&L statement, and a balance sheet for your business.
Best QuickBooks Alternatives for 2018
Zipbooks, Officewise, Billy, Zoho Books, Wave, and Xero yield some of the best Quickbooks alternatives that can help you in managing the books of accounts for any small to medium scale business. These alternatives come with a lot of features and are equally equipped to that of the Quickbooks. You’ll even enjoy automated payment and invoicing processes with these options. It will certainly cost you a lot lesser than hiring a professional accountant in person. In addition, you’ll even be able to assess your inventory while selling products. Some of these alternatives will even come with the advantage of Android and iOS app integration.
How to Go About Using Quickbooks Online
The fact that the accountants are pretty much aware of Quickbooks has compelled small business to use Quickbooks online. The features tend to appear quite useful and common in nature to the bookkeepers too. While checking out the competitors, you might choose to go with an option that has all key features like payroll processing in it.
A vast majority of Quickbooks alternatives will help in sending professional invoices instantly and obtaining payments seamlessly. The billing process also has to be simplified for all small businesses. They would like to set automated reminders and generate recurring invoices to avoid all complexities.
These options are even equipped to manage several distant locations at once. The business listings will now be updated and managed while ensuring your presence on the maps and on local business listings besides conveying accurate business information.