Accounting software is not just a financial tool; it is part of a company’s strategy to improve the business and stay ahead of the competitors. A company can keep the financial levels in good condition by optimizing the cash flow, monitoring the expenses and keeping a detailed report of the financial data. This is the reason why businesses subscribe to a popular entry-level solution which is known as Quickbooks. The free Quickbook alternatives for small businesses have all the important bookkeeping capabilities, are easy to use and economical too. So in this blog, we list five best Quickbook alternatives for small businesses.
Accounting has always been a concern for both small and medium businesses. But, Zetran’s myBooks has simplified accounting thereby allowing business owners to concentrate more on their business. From auto bank feeds to enterprise-level security to multi-currency transactions, the software is a big relief for those who have been struggling with accounting issues. The best part is that the software comes at zero cost. In case, you want to go for an advanced version at a later stage, you can buy the advanced version that too at an affordable pricing.
Xero is a highly collaborative accounting platform which is renowned for its user-friendly interface. The Quickbook is one of the best assets to manage financial activities. Similar to the basic cloud accounting solutions, Xero is easy to set-up. The dashboard has tools and navigation clicks which make it easy to start the software. The dashboard also makes it easy to monitor the billing and invoicing processes. Xero also simplifies transactions by using multi-approval model and two-factor authentication.
Wave is free and cloud-based accounting software for small businesses. The software provides separate pieces of financial software such as receipt management, invoice, and payroll. However, payroll is the only function that is paid. Wave has all the functionality that is important for a small business.
Zoho offers Zoho Books for accounting purposes. The company is renowned for providing popular CRM, email software and service desk. The books use automation tools that help businesses save time. Zoho Books have a great dashboard which acts as a command centre to manage the business finances. The Quickbook has all types of reports that provide information about cash flow, receivables, and payables.
Brightpearl has been specially designed for retail. The software can handle orders, accounting, and inventory. The software is ideal for retailers so that they can keep a close eye on the real-time sales and also manage the daily accounting. The retail management platform enables retailers to manage cash flow, profitability, stocks and also understand consumer behaviour. The best part is Brightpearl can be integrated with e-commerce systems such as Shopify, eBay, Amazon, and Magneto.
The Bottom Line
Those were only some of the free Quickbooks alternative for small business available on the cloud. All of these will make your work easy and will help you take your business to the next level.