When it comes to accounting software, QuickBooks is the undisputed king. This accounting and bookkeeping software has won fans across the market, owing to its affordability, easy to use interface, and formidable goodwill.
However, the current technological advancements have left a lot to be desired from QuickBooks. Many vital features that businesses today need are absent from the veteran finance software. So, here are some of the best alternatives to QuickBooks for small businesses in 2019.
Now here is a QuickBooks alternative specifically designed to cater to small and medium enterprises. MyBooks also avoids the usage of confusing jargon and provides a user friendly interface that anyone can operate with ease. Its dashboard is equipped with accounting insights on the go, while also being able to update users on regular business and bank transactions due to a robust automated feed feature. Along with the above features, this affordable software creates beautiful invoices using pre-existing templates and also allows for multi-currency transactions.
Sage is an accounting software that helps in simple production of balance sheets and bank reconciliation statements. The software also has a remarkable training program that was designed to assist in scaling your business. It enables conferences that allow users to learn and grow along with their business. Sage is very competitively priced, starting with 10$ packages which can be upgraded to a higher price depending on the features required.
Xero is a cloud-based accounting service from New Zealand. What sets this software apart from QuickBooks is its fresh and interactive interface. Xero also refrains from using confusing financial jargon, making the whole user experience a tad bit more satisfying. It also uses an on-the-go reconciliation feature that is quite popular amongst accountants and bookkeepers.
Freshbooks is an accounting software that allows users to form invoices, collect outstanding payments, and track all your transactions. One of it’s most endearing features is how it lets a business collaborate quite conveniently with it’s subcontractors. However, Freshbooks has a major drawback as it cannot create a balance sheet for you.
All the QuickBooks Alternatives mentioned above have something of merit to offer to its users. Depending on your budget and your needs you can easily opt for the accounting software that best suits your business needs.