QuickBooks is a software package by Intuit but there are also best alternative to quickbooks online. It is an accounting application developed towards the management of small and large scale businesses. It calculates sales, tax, tracks products and updates transactions automatically in sales register. QuickBooks offer different features like;
- Managing financial information of the business. That is, savings, dividends, balance sheets and journals. It also keeps information on the business account number and contact details.
- Management of business incentives. QuickBooks keeps a list of customer, vendors and sales inventories.
- Provision of detailed reports on all inventories including profit and loss statements of the business.
- Management of bills like paychecks, liabilities, salaries, tax and even limits your expenses.
- Provision of billing and invoice statements or receipts.
Using QuickBooks can be a little difficult and complicated especially if you are not tech oriented. I’ll be providing a few tricks and tips on how to run the QuickBooks and also best alternative to quickbooks online.
- You can easily calculate figures, say you want to sum the total value of commodities a customer purchases, you can do that easily on QuickBooks. First thing you do is insert the price of the first item followed by the plus sign, then the second to nth value. After that, click on the TAB KEY. It is very easy and the best alternative to quickbooks online provides a receipt for your customer and another for you.
- After generating your business receipts, QuickBooks can help you save your receipts saving you the energy of organizing printed out receipts. It also helps to prevent you from losing the receipts. All you have to do is take a photo of the receipt and attach it to QuickBooks expense. It helps you keep a proper record of sales and you don’t have to worry about arranging or losing the physical receipts.
- You can separate aspects of your business into different sections and give them different background colors for quick identification. This makes it easy to organize your business and access files easily. You can do this by clicking on the Company item on the menu bar and choosing create another company. After this, go to the edit Menu> Preferences> Desktop View> Company File Color Scheme. You can then choose your preferred color and click on Save Account Desktop then OK. It is done.
- If you want to find any item, bill or cheque on your business, just go to the homepage, click on the search bar and input the name of the item you are searching for. QuickBooks can search and retrieve your documents within seconds.
- You can create a company To-Do-List with best alternative to quickbooks online. This would help you run an organized business. On the menu bar, select Company> To-Do-List. With this, you can prioritize certain operations and set reminders.
- You can also connect your QuickBooks software to Microsoft office applications like Excel, Word or Access to generate output.
In choosing accounting softwares, one has to consider the features each software has to offer. In cases where your business is service oriented, you can use the QuickBooks alternative “FreshBooks”. FreshBooks offers expense features which focus on invoicing and payment collection. While QuickBooks offer these features too, FreshBooks offer a special tracking feature that keeps a full track record on all your inventories. There are so many questions that arise from time to time as to the best alternative to QuickBooks online.
Here are several best alternative to quickbooks online that can get the job done.
- As a small business owner, the ZipBooks software offer some features similar to that of QuickBooks including some exclusive listings all for free.
- MyBooks offer business analytics and multi-currency transactions. It is a cloud-based accounting software for small businesses and also connect to the business bank account. This software also enables you to view your transactions as they happen.
- ZohoBooks offers client log in services, inventory tracking and automatic connections to the business bank accounts.
- Billy Accounting is a FreshBooks Alternative that focuses on invoices and cash registering.
- Xero is a cloud-based accounting software that works just like QuickBooks.
Other best alternative to quickbooks online accounting softwares include Wave, SlickPie, ONE UP, OFFICE WISE and Kashoo.