Table of Contents
If you’re looking for accounting tools to make the accounting process more efficient, there’s no better place to start than accounting software. We’ll give you some ideas on what to look for.
As modern accounting practices show, it’s beyond doubt what using specialized accounting software solutions can do to increase productivity and accuracy. Unlike legacy spreadsheet tools, dedicated accounting tools are customizable and easier to use. Typically, these products have easy-to-use drag-and-drop controls. Also, they provide built-in report templates that the system automatically generates. Thus, users won’t spend too much time on customizations and creating their own dashboards.
Moreover, the best accounting tools also integrate with third-party business platforms. Hence, users can have real-time access to data across different business functions. This minimizes the time spent on manual entry and data export-import processes.
However, not all modern accounting tools are created equal. Some are just better than others. Also, not every good accounting program is a dedicated accounting software solution. There are tools that specialize in particular accounting areas or finance-related functions that work great for particular types of businesses. In this article, we will list down what are considered to be the best accounting platforms available today. In this way, you can get to know which ones are potentially helpful to your business and which ones fit your budget.
What to consider when choosing an accounting tool
Each small business is different, with different needs and different employee skill levels. Remember, if you’re a service business, you likely don’t care whether an accounting product offers inventory management, while the gift shop down the street probably does.
Likewise, if you or your employee is still struggling to grasp the basics of accounting, the last thing you need is a complicated accounting application.
Here are a few things you may want to look for when deciding whether an application is right for you:
1. Features specific to your needs
Do you sell products? If so, you’ll want to look for an application with a good inventory module. Need to pay employees? Look for an application that includes payroll. By figuring out what features are most important to you and your business, you can more easily locate the application that is right for you.
2. Ease of use
If you’re just starting your business, or handling the bookkeeping and accounting yourself, the last thing you want is a complicated, cumbersome application that is painful to navigate through.
All of the applications in our list here offer a free trial, so spend a week or so giving an application a test run prior to purchasing in order to find the application you’re comfortable with.
If you’re always on the go, the last thing you want is an accounting application that ties you to the office. Instead, look for a cloud-based application that includes a good mobile app.
Make sure the mobile app contains the same features that are found on the full version. If it doesn’t, it may make sense to look elsewhere.
While pricing isn’t the most important factor, it can be the deciding factor when it comes to purchasing accounting software. This is particularly important for startups and businesses with limited cash flow.
The most expensive software doesn’t necessarily equate to the best product for your business, so find one that fits your needs and your budget.
If you’re a one-man or one-woman show, scalability isn’t really important, but if growth is in your business plan, then make sure you find an application that can grow along with your business.
15 Best Accounting Tools
While most accounting programs offer the same basic features, such as a general ledger and automatic closing entries, some are better suited to smaller businesses, while others may be better for niche businesses such as e-commerce businesses and startups.
Each of the software applications included in our list offer standard accounting functionality, such as invoicing, cash management, and reporting capabilities, but by no means are these applications created equal. The key is not to look for the best accounting tools, but the best accounting tools for your business.
FreshBooks is an award-winning finance and accounting software tool popularly used by businesses of all sizes across different industries. It is known for providing comprehensive features while being very flexible and highly scalable. Moreover, the platform is very intuitive to use even for non-accountants. Hence, it comes with high out-of-the-box usability that is superior to legacy spreadsheet software and other accounting products.
The platform offers six main modules: accounting reports & taxes, payments, projects, time tracking, expense tracking, and online invoicing. Key features include invoice customization, quick discounts, team timesheets, project managers, accounts aging, and sales tax compliance. These are packed in an intuitive UI where users can easily access them in just a few clicks.
Furthermore, FreshBooks can also work seamlessly with third-party platforms including Stripe, Shopify, and Zendesk. Moreover, you can access the platform using mobile devices through its native applications for iOS and Android operating systems. Lastly, pricing starts at a very affordable $15 per month.
Key Features of FreshBooks
- Online Invoicing
- Expense Tracking
- Time Tracking
- Project Management
- Payments Management
- Accounting Reports
- Tax Compliance
- Remember Vendors
- Project-Based Rates
- Workflow Automation
2. NetSuite ERP
NetSuite ERP is a scalable cloud ERP platform designed for the needs of fast- growing medium-sized and large enterprises. It automates a range of business processes including inventory management, billing, order management, fixed assets, revenue management, and financial management. In this review, we focus on the accounting features of this software, such as General Ledger, accounts payable, accounts receivable, cash management, fixed asset management and tax management.
NetSuite ERP is utilized by thousands of organizations for their accounting requirements, such as expense management, financial close, auditable and streamlined revenue management, and real-time visibility into the enterprise’s financial performance. The accounting module’s effectiveness is expanded by its seamless integrations with other NetSuite solutions, such as e-commerce, CRM, inventory, and order management tools.
With NetSuite ERP’s revenue recognition management module you can produce timely financial reports and comply with accounting regulations. It permits you to create precise financial statements for both service and product sales transactions occurring across different milestones and at a single point in time.
NetSuite ERP’s general ledger functionality offers a host of benefits including the ability to make smarter decisions by understanding how each day’s numbers stack up. You can find any transaction any time as well as in-depth info on each transaction. This allows you to maintain an accurate general ledger. Finally, the software assures you of precise, real-time financial history and data in the general ledger, which leads to streamlined back-office processes.
Key Features of NetSuite ERP
- Audit Trail Visibility
- Tax Management
- Core HRIS
- Financial Planning
- Human Capital Management
- Integrated Process Workflow
- Recurring Revenue Management
- Shipping & Fulfillment
3. QuickBooks Online
QuickBooks Online is Intuit’s accounting solution for small businesses, startups, freelance bookkeepers, and independent accounting firms. Offering robust tools for expense tracking, tax calculation, invoice management, and sales monitoring, this best-in-class software is purpose-built to simplify small business accounting and financial management. With this at your disposal, you can cut down the time you spend on tedious accounting tasks and focus more on the attention-demanding responsibilities of your business.
QuickBooks Online prides itself on being able to combine all of the essential accounting tools in a single platform. Be it profit and loss reporting, invoice customization, or bill payments, this software solution has it all. It can even perform real-time finance monitoring and generate reports based on your preferred data visualizations. This way, it is easier for you to get insights into your sales performance, expenditures, and other crucial financial data. To make things even better, QuickBooks Online was built for compatibility with both desktop and mobile devices, allowing you to access your data and manage your finances even while you’re out of the office.
In addition to its wide range of functionalities, QuickBooks Online was also made to play well with both native and third-party integrations. This way, you no longer have to jump from one platform to another in order to perform your different business processes.
Key Features of QuickBooks Online
- Payment Processing
- Balance Sheet Reporting
- Profit and Loss Reporting
- Income and Expense Tracking
- Time Tracking
- Bank Data Sync
- Invoice Management
- Actionable Insights
- Dashboards and Feeds
- Automated Online Banking
4. Sage Business Accounting Cloud
Sage Business Cloud Accounting (previously known as Sage One) is an easy-to-use cloud-hosted accounting application. What sets Sage Business Cloud Accounting apart from its sister app Sage 50cloud is that the former is an add-on service that allows for the integration of the latter to the cloud. This integration results in cloud storage and accessibility for all your accounting information. It is a merger of two excellent tools that makes Sage Business Cloud Accounting better than ever.
With it, you get access to a dashboard equipped with extensive data visualizations for your transactions, giving you a more comprehensive overview of your business anytime, anywhere. Functionalities include supplier purchases and customer sales history, along with bank statement imports, which empower you to manage your banking and cash flow.
Sage Business Cloud Accounting is smartphone-friendly also. You can log on and view customer information and record notes any time using your Android device or iPhone. Search for customers and contact them straight from your device. You can also process quotes and send them to your customers on-the-fly. If you need directions, you can use the map links to find your way to your customer’s offices.
Sage Business Cloud Accounting provides small businesses basic income- and expense-tracking as well as other useful features. The app is easy to navigate with an appealing dashboard. The summary tabs on the dashboard provide you a graphical overview of your company’s sales, expenses, cash flow, and forecast cash flow.
Key Features of Sage Business Accounting Cloud
- Audit Trails
- Free Bank Feeds
- Bank Reconciliation
- VAT calculation
- Tax Reporting
- Stock Management
- Accounts Payable
- Multi-Currency Support
AvidXchange is a full-service, end-to-end invoice management and payment automation suite trusted by over 6,000 companies across the United States. If you are a small business owner or a midmarket company looking to transition from a paper-based bills payment to an automated system, AvidXchange can be an excellent solution.
With cutting-edge automation features such as B2B payment processing, paperless invoicing, and purchase order automation, AvidXchange eliminates paper invoices, automates lengthy payment processes, as well as reduces processing costs. This software is equipped with a full suite of tools as well as a highly configurable interface. With this, businesses from different industries, ranging from real estate to finance, can easily enjoy a personalized user experience that blends well with their existing operational processes.
The platform consists of four modules that handle the different tasks involved in bill payments and accounts payable management. These are invoice automation, bill payment automation, purchase order automation, and utility bill management. By leveraging the features found in these four modules, users can automate their purchase-to-pay process with electronic invoice capture, automated payments, and intelligent approvals. Consequently, these automated workflows will translate to lower costs, higher productivity, and better visibility throughout your accounts payable process.
Instead of searching endlessly through mail and spreadsheets, AvidXchange simplifies your accounts payable process through a single dashboard where you can view invoices and make automated payments. It has customizable 2- and 3-way matching capabilities, so you can also include purchase orders in the process. As it is web-based, you will simply have to log in from any web browser to access the platform from your preferred mobile device or desktop.
The platform has more than 210 integrations with leading ERP and accounting systems, so you can maintain your current system of record while creating new custom approval workflows. It also offers enhanced financial security as it leverages e-payment gateways, which can prevent fraud and provide more flexible payment options for you and your suppliers. AvidXchange can send secure, on-time payments to its more than 700,000 supplier network on your behalf
Overall, AvidXchange can help businesses get rid of manual data entry, bulky filing cabinets, and backlogs in payment processing. It also makes it easy to track your invoices and each payment made with search and filter tools and reporting features.
Key Features of AvidXchange
- AP Automation
- Spend Management
- Billing Services
- Invoice Application
- Payment Application
- Supplier Portal
- Pay Services
- General Ledger
- Cash Management
- Bank Reconciliation
A2X is a cloud-based ecommerce platform that directs transactional data from sales channels like Amazon and Shopify to your accounting platform, promoting accuracy in bookkeeping. In using the platform, you won’t need to manually record sales transactions and prepare financial statements on a spreadsheet. Since it integrates with popular accounting software like Xero and Quickbooks, your financial information is migrated seamlessly to your books. It also streamlines the accounting for eBay and Walmart Marketplace.
Developed in conjunction with some of the leading ecommerce accounting firms in North America, Europe, and Asia, A2X properly categorizes each transaction and then summarizes your sales and expenses, giving you full visibility into your cash flow. It accounts for all y0ur fees, refunds, and other expenses that come with your payouts. You can quickly reconcile the payouts reflected on your sales platform and make the necessary adjustments to the company’s ledger as needed. This ensures the accuracy of your financials and saves accountants a lot of time in detecting errors.
A2X extends the accuracy it provides to the stock room. You can use it to track the costs of goods sold and gross margins of moving products, which can be cross-checked with the company’s financials on your accounting software. The inventory accounting functionality can likewise be used to reconcile the number of stock available after a series of orders have been placed. Reports are also generated at the end of the month that reflect the stock you have, their values, and their locations.
Furthermore, A2X’s transactional summaries can be used as a means to reconcile bank records. You can match your company’s financial information with that of the bank’s and find inconsistencies in both datasets. This way, you can find out if transactions were made illicitly by hackers or fraudsters if the figures don’t match. You can file a report with the bank in the event that this occurs.
Accounting is performed by businesses of all sizes and A2X’s solutions are universal in that regard. No matter if you’re a small business or a large corporation, you would have no trouble using the software to reconcile your financial information. The platform also carries limitless scalability, so it can grow with your business.
A2X tailored respective solutions for Amazon and Shopify and also takes in users who leverage both platforms. As such, separate pricing plans are available to Amazon users, Shopify users, and multichannel sellers. Large businesses that typically deal with high volumes of sales also have their own pricing plans.
Besides Xero, Quickbooks, Amazon, and Shopify, the platform integrates with Paypal, point-of-sale platforms, inventory apps, and tax calculators. It also handles multiple currencies, so you have nothing to worry about if a chunk of your sales comes from the international market.
Key Features of A2X
- General Ledger
- Inventory Accounting
- Multiple Seller Accounts
- Accounting Software Integration
- Sales Channels Integration
- Transaction History
- Data Import/Export
- Cost of Goods Sold
- Multi-Currency Support
- Financial Reconciliation
Rossum is an all-in-one gateway designed to automate document management for businesses. The platform can help teams save time by collecting documents from multiple sources into an Intelligent Inbox, which serves as a single curated feed for transactions. From this feed, you can easily filter documents further and reject duplicates.
For faster document processing, Rossum leverages a self-learning AI technology that automates data capture. The platform’s cognitive data capture feature uses advanced machine learning to quickly scan, collect, and validate data from documents such as forms. To ensure proper validation, the software prompts users to manually review empty fields and other data with low confidence scores. This user feedback trains the technology to become more accurate over time.
To ensure a smoother workflow, Rossum also connects with document senders and sends notifications on transaction status and data issues. With this automated communication feature, team members can avoid spending too much time handling inquiries and approvals.
The software also helps businesses improve document management processes through a built-in Usage Reporting Dashboard. This dashboard provides an overview of all document queues in a workspace, along with data on metrics such as corrections, usage, and time per document.
To ensure hassle-free use, Rossum offers numerous out-of-the-box integrations with ERP, RPA, and document management systems. Users can also fully customize the platform to handle a wide variety of document types and add processing rules as needed.
All these features make Rossum an ideal document management solution for a wide variety of use cases, including accounts payable processes and customs- and logistics-related workflows.
Key Features of Rossum
- Analytics and Reporting
- Cognitive Data Capture
- Unified Mail Channels
- Self-Learning AI
- Audit Trails
- Single Document Gateway
- Intelligent Document Curation
- Data Matching
- Compliance with Data Security Standards
DocuPhase is an automation solution for the entire organization. Built on a foundation of secure document management, DocuPhase’s approach combines Optical Character Recognition (OCR), Forms, and Workflow, as well as integrations with your core business solutions to provide end-to-end automation for any organization’s critical processes. DocuPhase aims to create well-defined, repeatable workflows that reduce errors, improve efficiency, and allow for enhanced visibility and auditability.
Built for medium to large enterprises, DocuPhase allows users to expand workflows throughout other areas of their organization easily. Developed with security, automation, and efficiency in mind, DocuPhase can handle unique processes, exceptions, integrations, and custom configurations.
DocuPhase provides users with everything they need to automate AP processes, including purchase order (PO) automation, approval routing, document management, automated data entry and GL coding, invoice process automation, and setting reminder alerts. Plus, supports web forms, payment automation, and expense report processing.
DocuPhase is a scalable platform offered on a by-quote basis, so interested organizations are encouraged to schedule a demo with the vendor.
Key Features of DocuPhase
- Drag-and-Drop Process Builder
- AP Automation
- Workflow Automation
- Invoice Process Automation
- PO Automation
- Optical Character Recognition
- Enterprise-Grade Document Management
- Vendor Portals
- Approval Routing
- API Integration
PayEm is a global spend management and procurement system used to handle finance processes, from request to reconciliation. With PayEm, businesses can manage, automate, and connect processes for non-payroll company spending in one platform. It uses automation, smart credit cards, and advanced technologies for payment and reconciliation to streamline payment processes while reducing manual inputs and errors. PayEm is a solution that can save time, increase productivity, reduce costs on multiple tech investments, and provide total visibility and control to finance teams and CFOs on a global level.
With modern features and an intuitive UI, PayEm makes it easy to create approval flows, simplify vendor payments, and manage subscriptions. Managers and supervisors can approve funding requests in minutes, set rules and limits for budgets, and view real-time spend from right inside the platform. Additionally, the application offers P2P features for your preferred payment method, receipt collection, and reconciliation.
PayEm is also a great fit for global companies. It has a centralized system so finance teams can easily use it to send funds to over 200 territories in 130 different currencies without having to use multiple software.
Meanwhile, employees no longer need to be burdened with complicated and time-consuming reimbursements. PayEm features allow users to reimburse on the go and snap pictures of receipts that approvers can review instantly.
Lastly, the platform integrates seamlessly with ERPs and accounting software using an end-to-end customized request-to-approval workflow. In this way, data is synced, and approved reimbursements are reflected in the company’s books. It also has a deep and seamless NetSuite integration, making it great for companies who already use NetSuite products for their operations.
Key Features of PayEm
- Spend Management
- Physical and Digital Corporate Cards
- Expense Reporting
- Bank Integration
- AP Automation
- Invoice and Request Capture
- ERP Sync
- Custom Approval Workflow Automation
- Fund Transfers
10. Zoho Books
Zoho Books is a smart accounting system designed for growing businesses. It is also the holder of our Great User Experience for 2019. Generally, it can be described as an intuitive accounting solution designed for small businesses to handle their finances and to remain on top of their cash flow. It is very simple, easy-to-use, and able to help you make intelligent, data-based decisions. It is also the pioneer accounting product of a reputed software provider, which eliminates all worries related to uptime, support, or security.
With Zoho Books, you can send professional invoices to customers and begin receiving online payments from them all from a single platform. It’s fast, powerful, and convenient, and helps regain control over the company’s finances and save more in future. For the purpose, you can rely on features such as cash flow statements, P&L, Balance sheets, and many more. As it is small-biz and midmarket-friendly, Zoho Books is relatively painless to afford.
Another thing that is really specific about Zoho Books is its smart design, with extreme attention to detail and a bundle of useful functions arranged in a way that doesn’t disturb the user’s operations. The same as Zoho products in general, Books is a no-brainer to work with, and makes use of familiar navigation tools to help moving around when looking at screens full of information. Visual graphs and quick overviews of your financial data are always available on your Dashboard, while the rest of functionalities are assembled in the tabs of a vertical navigation toolbar.
Key Features of Zoho Books
- Invoice Customization
- General Accounting
- Reports and Analytics
- Manual Journals
- Expense Tracking
- Project Time Tracking
- Purchase Approval
- Online Payments
- Client Portal
11. Zoho Expense
Zoho Expense is a platform which transforms expense reporting and monitoring, and turns it into an enjoyable experience. To start with, this system automates a variety of expense management-related operations, and helps you record your transactions in a snap. Receipts can also be converted into expenses automatically, and then grouped together for you to generate reports whenever you need them. As anything else accomplished with this system, reporting takes a single click to be completed.
Another handy opportunity offered by Zoho Expense is to automatically capture credit card transactions, and convert those into expenses. It doesn’t matter which type of device you’re using – Zoho Expense can record expenses on the go, and even submit complete reports on smartphones as it does on traditional devices.
What is more, Zoho Expense eliminates all confusion related to allowed expenditures and spending limits, and makes sure your company’s expense policies are compliant and consequently enforced. Its interface is functional and hassle-free and offers several streamlined ways to enter or monitor information. Receipts, for instance, can be dragged-and-dropped on the main screen, or sent to email recipients on their unique IDs, and synchronized with their personal and corporate credit cards. Automated updates are also available.
Zoho Expense is also fully integrated with Zoho Books and Zoho CRM, which means you can use all three packages with the same account, and let data flow seamlessly from one system to the other.
Key Features of Zoho Expense
- Expense Recording Automation
- Auto Scan
- Mobile Upload
- Zoho Books Sync
- Multi-Stage Workflow
- Mileage Tracking
- Multi-Currency Expensing
- Approval Workflow
12. Sage 50cloud
Sage 50cloud is an online accounting solution for small and medium-sized businesses that offers features such as taxes, inventory, budgeting, cash flow, and invoicing. Plus, you get a wide range of add-ons for credit card processing, payroll, and more. Organizations can utilize the app’s built-in accounting best practices to stay compliant and to track their finances. You can make payments on-the-go and bill customers, and provide your accountants real-time access to accounting books.
What’s unique about the platform is that it is basically a hybrid–a desktop app that has a cloud component for data access and storage. The software can be used to track purchases and vendors and pay bills. It likewise has expense management features that include mobile payment and bank feeds. The product is capable of connecting to your bank accounts, allowing for real time recording of sales and receipts, track receivables, transfer funds, reconcile bank accounts and make deposits. You are also given access to financial reports from any online device.
What sets Sage 50cloud apart from its sister app Sage Business Cloud Accounting is that the former is an add-on service that allows for the integration of the latter to the cloud. Businesses can store and share databases on the cloud and do the same with credit card numbers, both done securely. It has add-ons that include EFT, payroll, automatic tax computation and e-filing. Users can also accept secure and compliant payments anytime, anywhere once the app is merged with Sage Payment Solutions. Supplier and other payments may also be scheduled if needed.
Sage 50cloud’s inventory and stock management add-on lets users automatically update stock levels and use audits and stock valuations to manage assets. You can work anywhere using Microsoft tools as it integrates seamlessly with MS Office 365. And because the platform is cloud-based accounting data is synced between desktops and the app’s cloud servers, making them accessible at all times. All data are also backed up so you need not worry about losing information.
Companies can use Sage 50cloud’s visual dashboards to keep track of their business by providing views on important budget and revenue trends, and by highlighting main performance areas. You can easily handle customer contacts and create invoices, sales orders, and quotes directly.
Key Features of Sage 50cloud
- Cash Flow Statement
- Financial Consolidation
- Contact Management
- Customizable Pricing
- Inventory Management and Optimization
- Financial Management
- Trend Analysis
- Order Management
- Tax Management
Xero is a proven global financial technology brand with years of experience helping small and medium enterprises grow. Its suite of online accounting solutions for accountants, bookkeepers, and small and medium businesses consistently places it among the market’s favorite financial management apps.
In its 2020 vendor assessment, for example, the IDC MarketScape recognized Xero as a Leader in the Worldwide SaaS and Cloud-Enabled Small Business Finance and Accounting Applications. It’s the culmination of years expressly dedicated to dynamically meeting the requirements of businesses regardless of industry.
Whether you are a freelancer or an established business, Xero presents you with a powerful, beautifully designed dashboard that gives you a commanding view of your bookkeeping practice clients, jobs, queries, and alerts.
At the click of a button, you can access client details and all the relevant information and activities connected to them. In the same manner, you may request from your clients any document that you need. Further on, you can take on a client discovery review to see which banks, industries, and apps they are using. With this information beforehand, you can align your processes for a seamless transaction. As a result, clients will appreciate your level of organization, making them satisfied and happy to be dealing with you.
Users with no accounting knowledge will find Xero easy to work with and manage, allowing them to be productive from their first use. Instead of confusing non-expert users, Xero transforms some of the most standardized and complex financial concepts into an enjoyable journey. It allows you to handle double bookkeeping, for instance, without breaking a sweat.
Globally, more than 2 million subscribers use Xero. Natively designed for the cloud, it lets you access the application from anywhere and at any time at your convenience. To support clients who constantly have to deal with invoices, receipts, and other documents, Xero has developed Hubdoc, a data automation and machine learning tool that allows users to capture, store, and retrieve these forms easily.
Recognizing the needs of businesses to use multiple tools to accomplish their objectives, Xero has invested in developing a robust app ecosystem from which clients can build their unique business toolkit with Xero at its core. This enables Xero to become a true partner for business growth and success, not just a plain vendor selling an isolated application. With this approach, Xero empowers modern businesses and allows them to compete with bigger players in the industries.
The financial industry has to deal with varying laws and regulations all over the world. Xero is designed to address these overarching compliance needs, giving clients the peace of mind they need to focus on their core businesses.
Xero offers three transparent pricing plans depending on the nature of your practice. There’s the Early plan at $5.50 per month, the Growing plan at $16 per month, and the Established plan at $31 per month. These are all 50% off the standard pricing plans, part of Xero’s ongoing promotional run. Xero allows you to cancel with one month’s notice.
If you want to see which Xero plan is best for you, the company offers a 30-day free trial window with all Xero features. Your free trial gives you the full 24/7 support that subscribers already enjoy.
Key Features of Xero
- Financial Reporting
- Expense Claims
- Multi-Currency Support
- Contact Management
- Tax Management
- Invoicing Automation
- Bank Reconciliation
- Inventory Management
14. QuickBooks Enterprise
QuickBooks Enterprise is a financial services software that offers end-to-end accounting solutions without the need for ERP implementation. Designed for growing businesses and non-profit organizations, QuickBooks Enterprise provides a dedicated accounting platform to integrate tasks like payroll, payables, inventory tracking, and more into.
Despite being a stand-alone system, QuickBooks Enterprise offers advanced features and functionalities that can be tailored according to the type of industry your business caters to, notably manufacturing, wholesalers, and construction segments. Some of these more complex processes and features include advanced pricing, payroll, and inventory tracking. Also added are more data capacity, more sophisticated inventory management, and multiple entities support along with the same feature set consolidation and same navigational scheme and user interface found in other Intuit’s products.
QuickBooks Enterprise targets mid-sized businesses that have outgrown QuickBooks or other entry-level accounting platforms. However, the enterprise edition keeps the simplified language and easy-to-read user interface and navigational tools of its predecessor, making it ideal for non-accountants.
QuickBooks Enterprise is typically sold as an all-in-one package, including features like Reporting & Finances, Inventory, Sales & Customers, Purchasing & Vendors, and Payroll & Employees.
A cloud hosting option is available to take QuickBooks Enterprise to the field. There are also other versions of QuickBooks offered (both cloud-based and on-premise). You can find more details about these in our QuickBooks reviews section.
Key Features of QuickBooks Enterprise
- Advanced Inventory
- Sales and Customers
- Accountant Center
- Send Journal Entries
- Sales Order Fulfillment
- Barcode Scanning
- Lot and Serial Number Tracking
- Quantity Discounts
- Billing and Mobile Payment
Previously known as Payment Rails, Trolley is a global payments platform designed to automate payouts to service providers and sellers around the world. The software makes it easy for businesses to simplify their payout workflows and send mass payments to over 200 countries and regions around the world.
One of the main features of Trolley is that the platform streamlines payout processing and sending. Businesses can use the platform to set up and automate customized payout approvals. Individuals assigned approval rights are emailed each time a payment is ready for approval. In this way, the platform also improves transparency on who approves each payment. In addition to transparency, the app also provides real-time payout monitoring, so users can easily track each payment’s live status.
Trolley is also designed to make tax compliance easy. Businesses can use Trolley to collect and complete tax forms according to IRS requirements. The platform can also help in generating year-end reports and validating TINs. Trolley also updates withholdings automatically according to tax regulations.
Moreover, Trolley comes with powerful features to provide security and protect businesses against risk and fraud. The platform makes it easier for businesses to comply with government regulations and local payment regulations. Payment recipients can also be automatically screened against global watchlists to further protect businesses. Bank-level security, two-factor authentication, and user roles and permissions provide added financial protection.
Another important feature of Trolley is that it is easy to use. Through the platform, businesses can easily collect and verify recipient information, validate bank accounts, and fulfill Know Your Customer requirements. Businesses can do this through a white-labeled portal for suppliers and contractors or by adding a Trolley widget to their websites.
To better fit into businesses’ workflows, Trolley seamlessly integrates with various third-party applications for accounting, ecommerce, and CRM. The platform also comes with three different paid plans to meet businesses’ different requirements.
Key Features of Trolley
- Unlimited Users
- Unlimited Recipients
- Automated Mass Payouts
- Real-Time Payout Monitoring
- Tax Form Collection
- IRS Tax Compliance
- Risk Mitigation
- Bank-Level Security
- 256-Bit Data Encryption
- AML Watchlist Screening
Entri Elevate – Business Accounting & Finance Certification Programme covers every major section from the fundamentals to practical experiments. This programme will provide applicable exercises and real-life examples in financial accounting to strengthen the concepts.
The course is offered entirely online, including video lectures, interactive exercises, and downloadable materials. Students can access the course content from anywhere, at any time, as long as they have an internet connection.
Accounting courses we offer
Accounting courses in Different Cities
|Business Accounting & Finance Certification|
|UAE Accounting Course|
|UAE Accounting in Malayalam||Best Taxation Course Online in Kerala||Tally Certification Course in Kerala|
|Practical Accounting Training Course||Online Options Trading Course||GST Course Online in Malayalam|