Account management is necessary for an organisation's overall financial health.
And with most accounting tools out there providing custom invoicing, payment tracking and full financial reporting, choosing the right software for your business can become a mammoth task. To help, we've provided 13 account management tools designed for small businesses.
Here are 13 of the best accounting software tools for small businesses (listed in alphabetical order).
Read next: 13 best free and open source inventory management systems
NetSuite offers a variety of products for small businesses (and of course larger enterprises). Within its small business portal, NetSuite - which was recently acquired by Oracle - provides an online accounting software offering financial planning, recurring revenue management, order and billing management and inventory management and supply chain controls.
Depending on the size of your small business, if it's on the larger size, NetSuite has certain products that could be used in conjunction with
standard account management tools, such as SuiteBilling, an order-to-billing service.
Sign up for Netsuite.
8. One Up
One Up supports invoicing, accounting, inventory services and a CRM, so for businesses looking for a one-stop-shop, One Up is definitely one to consider.
Initially developed for Android devices, One UP now offers a full web version which lets its users manage records, transactions, sales orders and overall profit and loss.
Bank accounts are easily synced and the browser interface is simple, if not a little large. But this will be due to the move from mobile to web.
However, as One UP was created for Android, the mobile experience is full-featured and extremely well made.
Sign up to One UP.
QuickBooks offers a well-rounded account management software package. With QuickBooks, users can estimate tax payments, track deductible mileage, create and send invoices, manage VAT, run payroll, provide multiple currencies and control stock levels.
All of QuickBook's claimed 1.5 million subscribers have access to a real-time dashboard offering both a desktop and mobile experience.
QuickBooks also offers a cloud accounting service providing business bookkeeping and full financial management, leveraging the collaborative nature of the cloud.
Sign up for QuickBooks.
Sage offers both desktop and online accounting programmes, enabling users to analyse and manage, VAT, invoices, stock, budgets and payroll.
Sage offers eight different, but similarly named, accounting packages, One Start, One Accounting, Sage Live, 50 Accounts Essential, 50 Accounts, 50 Accounts Plus, 50 Accounts Professional and Sage 200 Standard Online.
Typically aimed at small businesses, Sage One Accounting, 50 Accounts Essential, 50 Accounts and its extended version, 50
Accounts Plus - offer businesses with around 5 to 100 employees - bookkeeping software with cash flow, VAT, stock and sales management.
With Sage 50 Accounts and Plus offering remote access, intuitive project costing tool and day-to-day financial management.
Sign up fo Sage.
11. Wave Accounting
Wave Accounting offers free accounting software, aimed at micro businesses, freelancers and entrepreneurs.
Wave users will receive lots of useful and competitive features, including automatic billing and invoicing, automatic data sync, receipt scanning and PayPal integration.
Wave also offers a handy dashboard providing a snapshot of your data from income, expenses and bank accounts to payables, receivables and all recent activity.
Like with most free applications, there are some drawbacks. Wave does rely on advertising revenue, which means you will see a few external ads from time to time and have Wave's own branding on your invoices and other accounting materials.
Payroll services are also not included, so you'll have to pay $4 (£3.11) per employee or go to a paid platform for this.
Sign up to Wave Accounting.
Aimed at small businesses, Xero offers an accounting software that enables users to create and customise invoices, payroll and expense
reports. In addition, users can create a tracked inventory, create purchase orders and connect to over 500 third-party apps (most of which
centre on invoicing, time tracking and expanse claims).
Claiming to have over 700,000 subscribers, Xero provides account management across smartphone, tablet and PCs
Sign up for Xero.
13. Zoho Books
Zoho also offers a comprehensive online accounting suite for small businesses. Users can track expenses, inventory and clients across
mobile, tablet, laptop and PC.
Zoho Books can integrate other popular Zoho software to create a custom business package, these include Zoho CRM, Expense, subscriptions, Reports , Inventory and Projects.
Sign up for Zoho Books.
Cloud accounting software ClearBooks o
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