Back in the day, Bookkeeping was about keeping the books which are entirely paper based. Today the closest equivalent would be Microsoft Excel. What we do today would be more like financial analyst As well most Modern day “bookkeepers” don’t need to have the level of knowledge as was
in the older times. What is needed is extended knowledge in the software of choice.
Below is a list of software available in Canada.
Sage 50- cloud software is for all medium & small-size business for managing their business. One can efficiently manage their taxes, invoices, data, e-commerce, budget, & inventories. Using this software which is compatible with mobile phones making it an easy option for you to choose for your fiscal management. Another advantage of using this software is that it can combine desktop features with cloud enabling you to store data in the cloud simultaneously while performing other tasks.
FreshBooks-Fresh book software makes it easy for accounting & in turns makes the fiscal management & planning process more accessible. It helps the users to subscribe & recur the invoices in a trouble-free way. With the help of fresh books, one can make their online payments as well with the help of credit cards, debit cards Google pay & PayPal as well. Fresh books are simple but are a powerful tool with advanced features that increase the work performance quality. It can be well optimized for your mobile phones, and thus you can have it handy anytime & anywhere. Another feature of this software is the ability to track all your payments & bills which can help you to take a summary of all the current and previous payments that you have made.
Free Agent- software is designed for the small business firm accounting & fledges them with all the tools that they may need. Using the in ’overview’ option, one can have the display of all their projects & time slips stored in the software. Another feature of this software that you would love to use it is its categorization functionality. Which helps you to segregate your expenses based on the distinct categories. You can also track all your expenses & facilitate payments using this accounting tool.
Zoho Books- Helps small business in search of accounting software that can manage your finances & cash flow. They are hassle-free & easy to use & helps the user to make easy business decisions. They are safe to use, offer high security & helps keep track of expenses. This accounting software provides proper support & facilitates payments & invoice management through the online mode giving the user full control over the fiscal management errand. It also offers automatic bank feeds & payment notifications which enables the user to never miss out an important message from their client.
QuickBooks Online-This is my favourite software
QuickBooks are one of the most popular accounting software that business people use to simplify their accounting & fiscal management. It serves as a great tool for business owners, bookkeeper’s, finance officers, etc. It helps in synchronizing the busines to a single dashboard. You can easily track all the profits, losses, invoices & bills. It offers you online access & is a secure tool that you can use for accounting.
Xero-Looking for revolutionized accounting? If you are also in search of the same, then Xero accounting software is solely designed for you to make your accounting experience super easy & simple. May it be book accounting or managing your spreadsheets, bills, Xero can work its specific features that you would not like to miss out in any case. Xero software is easy to set up & can efficiently manage your stocks & inventories for you to own all your records & transactions.
Wave-For every small business where the workforce is limited up to a finger count of about ten. Wave accounting software can be a boon for all such firms. The easy setup & easy to use software makes it the best choice for all financial consultants. Accounting, invoicing, expense management are a few of the functionalities that one can manage using this software. Another thing that you would love about this software is that it is free of cost & helps you in simplifying your transactions & for generating automated bills & invoices.
On Pay-If you are looking out for options to ease your payroll management task, then there could be no other better software than the on pay accounting software. From small-scale to medium size business. This software is easy to set up their payroll solutions. Apart from managing your payrolls, it also helps you in payments & tax filing. The finance managers can keep an account of the streamlined payroll & make the salary transfers using the direct deposit option. OnPay offers improved payroll compliance & provides health insurance benefits which you can acquire by seeking assistance of the insurance brokers.
Sage Intact-Sage Intacct incorporates cloud storage & makes accounting simple & easy for business. Cash management, accounting, billing, are few of the functionalities that you can benefit while choosing Sage. This software helps in minimizing errors & effectively manage the costs & control margins. It has robust accounting capability & provides a speedy way of processing payments through a secure channel.
Another Cloud-based software is Tipalti management that can be of immense help in managing your business accounts. This helps by providing automated payment options through a streamlined payment process. It makes payments easier more than one can even think of. This software is a complete package that helps you stick with deadlines with any sorts of errors& overdue payments.
Accpac-Sage 300, formerly Accpac, is an enterprise resource planning solution that connects core business operations like accounting, distribution, warehousing, & manufacturing. It also integrates sales, marketing, customer service & business analytics into one centralized information system.
QuickBooks Desktop- QuickBooks Desktop Is Better For: Managing books across multiple businesses: QuickBooks Desktop allows you to manage the books for an unlimited number of companies if you do not need consolidated financial statements. We chose QuickBooks Desktop as our overall BEST MULTI-COMPANY ACCOUNTING SOFTWARE.