Top 20 online bookkeeping and accounting software
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Top 20 Online Bookkeeping And Accounting Software Providers
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SMBs don't need to buy costly accounting software. Any accounting software would provide the basic tasks of accounting, bookkeeping, reporting and managing transactions. The Cloud Accounting Software can be accessed online from anywhere through web portal or mobile application. The tasks such as data backup and version upgrades are managed by the service provider
Transcript of Top 20 online bookkeeping and accounting software
Online Bookkeeping And AccountingThe process of Bookkeeping and Accounting was complex and costly with traditional way of working with the paper and files.
As computing technology improved, desktop accounting application and other tools improved the way of keeping records.
Accounting and Bookkeeping ChangedNow SMBs don't need to buy costly accounting software. Any accounting software would provide the basic tasks of accounting, bookkeeping, reporting and managing transactions.The Cloud Accounting Software can be accessed online from anywhere through web portal or mobile application. The tasks such as data backup and version upgrades are managed by the service provider.
Top 20 Accounting Software are:(parameters of ranking on the basis of number of customers, number of active users, social media presence and vendor size)
1. QuickBooks Online
Customer and Active Users
Social Media Presence
QuickBooks Online is Intuit's Online version of QuickBooks Accounting software, which is mostly used accounting software with used by SMBs.QuickBooks online available versions are:• QuickBooks Online Simple Start• QuickBooks Online Essentials• QuickBooks Online Plus
2. FreshBooks
Customer and Active Users
Social Media Presence
FreshBooks is accounting software which made for service-based businesses.FreshBooks is an online invoicing that saves time and makes professional accounting. Fortune 500 professionals believes that financial record keeping should be easy and fast making FreshBooks a great option. The software is available for a free trial as well.
3. Oracle Financials
Customer and Active Users
Social Media Presence
Oracle Financials is a complete financial management solution that gives complete freedom for general ledger, accounts receivable, accounts payable, fixed assets and cash management.Oracle Financials closely gives financial solution such as:•Oracle Assets•Oracle General Ledger•Oracle Payables•Oracle Receivables•Oracle Cash Management
4. Microsoft Dynamics
Customer and Active Users
Social Media Presence
Microsoft Dynamics provides line of integrated and adaptable business management system that enables people to make important business decisions with great confidence. It automates and streamlines customer relationship, financial and supply chain processes in a way that helps drive business success.
5. Sage
Customer and Active Users
Social Media Presence
Sage 50 Accounting includes easy-to-use payroll, accounting and credit card processing for SMBs. Sage 50 formerly known as Sage Peachtree.Sage 50 Editions are:• First Step for 1 User• Pro for 1 user with extra features• Premium for 2-4 users • Quantum for 5-40 users
6. Wave
Customer and Active Users
Social Media Presence
Wave provides 100% free and double-entry accounting for SMBs. It is a cloud-based software, which allows to access to data from anywhere, add unlimited collaborators to manage businesses from a single login. Accounting is also seamlessly integrated with receipt scanning, invoicing, payroll and payment processing.
Wave targeted users market are SMBs with 1-9 employees, solo entrepreneurs and freelancers.
Wave has users in 200 countries with around 1.5+ million strong users.
7. Xero
Customer and Active Users
Social Media Presence
Xero is award-winning online accounting software made for SMBs and accountants. Accessible from any computer, mobile device with an internet connection. All transactions are updated in real time. Transactional imports from bank accountant, unlimited user login, easy 3rd-party integration, multiple currency support are the most important features of Xero Accounting software.Data is accessible through a single ledger, allowing accountants and clients to collaborate around finances.
8. Bill.com
Customer and Active Users
Social Media Presence
Bill.com works with accounting software to eliminate paperwork, save time and money. Accounting software uses Bill.com are Intuit QuickBooks, Xero, NetSuite, Intacct and others. Bill.com provides accounts payable and accounts receivable services for the SMBs through well known online accounting software.
9. LessAccounting
Customer and Active Users
Social Media Presence
LessAccounting provides accounting solutions to make it easy. It is good for Small businesses who find bookkeeping complex.LessAccounting comes with easy bank data importing capability.
10. SAP
Customer and Active Users
Social Media Presence
SAP Financials Software provides a comprehensive financial management solutions for complex businesses across different industries. SAP Financials offers solution for critical financial functions, such as accounting, financial management and reporting, capital work management.
11. Kashoo
Customer and Active Users
Social Media Presence
Kashoo is independent and simple cloud accounting software that can be accessed from web or mobile.
Kashoo offers small business accounting solution that make it easy to send invoices, create reports, track expenses, provide better financial solutions with collaborative and tablet-friendly accounting software.
12. AccountEdge
Customer and Active Users
Social Media Presence
AccountEdge formally known as MYOB, is Mac and Windows based accounting software by Acclivity, offers complete, easy to use solutions.Users can track purchases and sales, handle all banking process, payroll, inventory works, bill timing, manage customers, with 200+ financial reporting to maintain a well-organized system for successful small business.
13. TRAVERSE
Customer and Active Users
Social Media Presence
Traverse provides accounting service to mid-size companies using Microsoft; inventory, project costing, job cost, distribution, and manufacturing solutions.Traverse is specialized in manufacturing applications for pharmaceutical, food processing, plastic industry, cosmetics industry and distribution process of there products.
14. NetSuite
Customer and Active Users
Social Media Presence
NetSuite provides online accounting software seamlessly couples core accounting functions such as general ledger, accounts payable and accounts receivables. NetSuite improves business performance, reduce back-office costs and increase financial efficiency with standardized processes and integrated solution.
15. FreeAgent
Customer and Active Users
Social Media Presence
FreeAgent includes features: •Expenses management •Send invoices •VAT return •Real-time cash flow •Simple payroll • Submit proposals
•Send invoices •Automatically chase payments •Project costs and contacts management •Import bank statements and transactions • Forecast corporation tax Changes are automatically updated which gives
complete visibility of business performance and real-time analysis.
16. Intacct
Customer and Active Users
Social Media Presence
Intacct is an accounting software and provides financial management solutions based on a cloud computing, SaaS platform, specifically designed for use by SMBs.Intacct Accountant Edition are web based financial and accounting applications that are used by accounting firms and business process providers.
17. Yendo
Customer and Active Users
Social Media Presence
Yendo is financial accounting software for small business. It has easy to manage, purchases, invoicing, payments and expenses with full accounting reporting.Yendo can be used in mobile devices with third-party cloud services.
18. AccountMate
Customer and Active Users
Social Media Presence
AccountMate offers modifiable accounting software solutions for growing SMBs with a unique, modified version of our ERP software. AccountMate are built on top of Microsoft SQL Server 7.0 that offer standard shared database. Some applications are:•AccountMate SQL Software •AccountMate Express Software •AccountMate LAN Software
19. CenterPoint Accounting
Customer and Active Users
Social Media Presence
CenterPoint Accounting Software is developed and distributed by Red Wing Software which provides solid financial accounting with reporting and customization capability options. CenterPoint Accounting Software has great comprehensive features including accounts payable, accounts receivable, general ledger, fixed assets, purchase orders, inventory, integrated payroll and sales orders.
20. CYMA
Customer and Active Users
Social Media Presences
CYMA provide robust and sophisticated general accounting software to mid-size organizations with reliable and affordable accounting, payroll and financial management tools.Thousands of organizations across the US in all types of businesses rely on CYMA as their accounting, financial management and payroll solution.
Collected Data Says:
ConclusionIt is clear that all the accounting software lead the accounting and financial solutions to the different industries, mostly for SMBs with different accounting requirements.This presentation is based on Data available on 27 Jan 14 of all respective accounting software, data of number of customers, users, and social presence at different social media platforms.
ABOUT ACE CLOUD HOSTINGAce Cloud Hosting powered by Real Time Cloud Services (RTCS), is an Authorized commercial QuickBooks Hosting provider to CPAs, SMBs, Bookkeepers and ranks amongst the leading QuickBooks hosting providers.
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