Accounting

If you’re in business to make money, which we assume you are, then you’re gonna need something to keep track of money coming in and going out. Businesses (especially small ones) have been doing this manually for years. This includes keeping receipts in boxes, stacked up in storage somewhere only to be opened come tax time. However this isn’t the 1970s anymore, and you’re going to need accounting software that can keep track of every penny. At the end of the year a few dollars here and there saved through solid accounting practices can mean the difference between an average year and a stellar year. So what do you need from accounting software? We’ll tell you:

• Total solutions: don’t go with with software that only addresses expenses, and then one that deals with invoices and another that does estimates; you need concise software that allows you to do it all.
• Reporting: you want your software to be able to tell you what you need to know at the click of a button. Need to see which expenses of have gone up in the past few months? This information shouldn’t be more than a click or two away.
• Integration: chances are your business isn’t completely new, and you’ve been using something else to keep track of your costs, earnings, etc with something else. To start over with totally new software is inconvenient. You need to be able to integrate your old data into the new accounting software.

We’ve done the research and have come up with a recommendation. This accounting software (click the link) has all the features you need from an online accounting application. It’s easy to use, and potentially free depending on the size of your operation. In short, FreshBooks is where it’s at in terms of online accounting software. 🙂