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MYOB Essentials

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MYOB Essentials Alternatives

#1 Akaunting

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Akaunting is online accounting software that handles business operations from invoicing to expense tracking and billing to accounting. It provides all the necessary tools you need to manage your money online. The cloud-based software can run from any device, which makes it possible to handle your business on the go. The software lets you manage your cash flow and make better seasons to leverage your business. With easy invoicing, levitate your customer experience and get paid faster. Its powerful reporting feature lets you track the financial health of your business, monthly bills & expenses, and the money flowing out.

Akaunting also has a Vendor Management feature that can assign payments and bills to them and filter their transactions easily. Multi-currency, multiple payment methods, tax rates, client portals, and discounts are also available. Other features are Customer Summary, Transaction Categories, Bulk Actions, Unlimited Attachments, Dashboard & Widgets, Email Templates, and Fine-Grained Permissions to assign roles and restrict certain actions for employees.

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#2 ZipBooks

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ZipBooks is accounting software that lets you manage invoices, bills, payments, and tools to upscale your business to the next level. With the Invoice & Billing feature, you can send professional invoices within no time and get paid easily with major payment options, including PayPal, credit card, and debit card. ZipBooks gives you a smart method of keeping your bills on time and on track. The invoice is fully customizable, i.e., you can change your logo, specific colors, and contact info to stay up to date, keep track of customer history, taxes, and overdue balances.

ZipBooks’ reporting and bookkeeping feature come with dead-simple reconciliation, which is a complete suite of auto-categorization, reports, and color grading. It eliminates the need for manual records for keeping track of who owes you. It also gives you suggestions to improve your workflow and cut down unwanted expenses.

#3 Moneypex

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Moneypex is a cloud-based bookkeeping and accounting software that manage your cash flow and finance operations. The dashboard gives you a snapshot of how your business is performing, including any outstanding invoices or expenses. It allows you to create personalized and professional invoice quotes that show off the brand you have worked hard to create. You can effortlessly track your cash flow rate and view your financial position over a monthly or yearly period.

Add online payment methods to your invoices and give more ways to your customer for paying bills. You can have a list of who paid you and who owes you. It let you set up custom reminders for customers to avoid those overdue payment conversations. Track your bills and expense from Moneypex mobile app and skip data entry altogether with major suppliers sending invoices straight to your software. Your customer can pay all your invoices at once with bulk payment.

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#4 QuickBooks

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QuickBooks is an accounting program suite developed and marketed by Intuit. Intuit has incorporated some web-based attributes into QuickBooks, including distance access potentials, remote payroll assistance, and outsourcing, electronic payment functions, online banking and resolution, mapping attributes through association with Google Maps.

It also offers marketing options through Google and enhanced e-mail services through Microsoft Outlook and Outlook Express. QuickBooks is not about running your finance only but to run your whole business. QuickBooks is mainly designed for small to medium-size businesses for keeping the record and management of their entire business financial life.

#5 Sage 50

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Sage 50 is an accounting solution for small businesses integrated with the combined features of desktop and cloud accounting software. If you have been using this or prefer an on-premises solution – which you may if you ever work without a proficient Internet connection – then Sage 50 is a feasible option for a one-time fee of $369 for one user.

This handy software allows you to manage customers and suppliers with everything you need to manage alongside your products and services using one tool. With Sage50, you can manage your finances and keep on top of your cash flow by managing incoming payments and chasing debts, and much more.

#6 FreshBooks

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With the combination of general accounting principles, management of daily financial accounts of the business, and integration of the invoicing system, FreshBooks is the solution for small business financial matters. It is usually taken as the top-ranked web-based competitor to QuickBooks Online.

If you are the singular user, and you only need to bill one client in a month, you can use this program for free. But if you have several clients, you will pay the monthly fees starts from $30. The software is exceptionally attentive to invoicing for small service-based businesses.

#7 LessAccounting

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LessAccounting is a professional accounting solution for small businesses. It affords you an easy-to-use accounting scheme that mechanizes bookkeeping, expense tracking, invoicing, proposals, and even contact management. The solution incorporates with Basecamp, Zencash, Shopify, and a bunch of other items.

LessAccounting also has a humoristic approach instead of saying ‘Contact Us’ on its website selected for ‘Mail us a gift.’ The exception of this solution is that it contains only those accounting features and functions that you will need.

#8 Xero

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Xero is the name of online bookkeeping and accounting software designed to organize the financial data of your business. It is mainly designed for small companies to manage invoices, bank reconciliations, expense management, bookkeeping, record tracking, and much more.

Xero aims at providing an easy solution regarding accounting concerns, especially when it comes to importing bank transactions regularly. It also incorporates third-party programs such as CRM, payroll, and other crucial software products. While Xero affords an initial price of $19 per month, that only includes five invoices and asks for $29 per month if you want to increase billing for unlimited invoices.

#9 Outright

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Outright is an online bookkeeping and accounting solution that might be the cheapest bookkeeping solution available on the market that is free, and allows you to upgrade it to a $10 per month scheme if you need to record sales taxes. The catch is that it’s merely for bookkeeping. No invoicing or time capturing, but it does incorporate with FreshBooks, which controls both.

For the first time, there is accounting software that is delivering the solution for taxes relates matters as well. The best about Outright is that it is based on the generally acceptable accounting and finance principles so that you can always get an accurate and reliable record of your company’s financial affairs.

#10 FreeAgent

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FreeAgent is an accounting solution containing all those accounting features and functions that you need to create a systemized account management system in your small business. First of all, there is a flexible reporting system that contains the perfect solution for profit & loss, balance sheet, a record-keeping system for aged creditors & debtors, cash flow, trial balance, and much more.

Self-assessment calculation and optimal submission that is no considered as the must-have part of the business world are the part of solutions offered by the FreeAgent. This accounting software is fully integrated with HMRC compliant payroll, including RTI submission.

#11 FinancialForce

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FinancialForce is an all in one accounting solution that will make you able to keep all of your accounting and finance records systemized and organized at a centralized place in the cloud. In addition to accounting and finance solutions for the businesses, it has other business solutions in the shape of HR and CRM solutions.

FinancialForce designed for small to medium-size businesses. If you ever experience Salesforce as your CRM and are looking for some even tighter incorporation between accounting and your client communication, and don’t mind paying a premium at $65 per month, FinancialForce is entirely worthy of being considered.

#12 Sage One

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Sage One is a web-based accounting and payroll management system for the small to medium size business to systemize and accurately organize their financial records. Based on the principles of double-entry recordkeeping, Sage One will result in saving of both of your time and money.

Everything that you need for the better management of your accounts is part of the online accounting and financial management system of the Sage One. Just get rid of the spreadsheet and set aside the paperwork as Sage One is going to make the office environment paperless with a more professional cloud-based accounts management system.

#13 Kashoo

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Kashoo is the name of a simple cloud accounting management system for the business of every type. This simple cloud-based accounting system has the solution for expense tracking, bookkeeping, invoicing, and much more. Either you are a professional accountant or an accountant with not too much familiarity with the generally accepted accounting principles, the simple to use accounting management system of Kashoo is designed keeping the requirement of all type of its users.

Quick entry system, bank accounts import, reporting, availability of mobile apps, invoices& account receivable, cash flow, and much more are there to make your business financial life easier than before. All solutions being offered by the Kashoo are arranged on its main dashboard.

#14 Brightbook

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If you want to get rid of the traditional bookkeeping system, then use the Brightbook to maintain the accounting record more professionally. This accounting and bookkeeping system designed for freelancers, small businesses, and contractors. First of all, it is a free accounting solution that requires no downloading or installation at all because of availability in a cloud environment.

Brightbook is the name of online accounting that is powerful, easy to use, and secure without the complicated clutter. All of its users will be provided with those tools and features that will make them able to control their business finance and to spend less time doing their bookkeeping.

#15 Zoho Books

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Zoho Books is accounting software that is very easy and straightforward, contains all accounts management solutions at one place. This highly advanced accounting software is designed for small to medium-size businesses to manage all of their finances and stay up to date with the business affairs all the time.

The easy to use cloud accounting system provide the solution in the shape of the automated banking system, track expense in a better way, get paid faster from the customers because of the integration of the invoice system, collaborate using client portal system, powerful reporting system, and inventory tracking in real-time.

#16 Intacct

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Intacct is a cloud-based accounting and financial management system designed for businesses of all levels. It is the name of cloud-based ERP software that will deliver you the best possible accounting solution based on the double-entry recordkeeping system.

Accounts of small businesses are straightforward to handle as only one person, even the owner, can manage the company’s accounts. However, when it comes to a large business structure, there arises the need for a full-time accounting setup. Intacct is a platform that helps large businesses to manage their accounts. It is one of the best cloud ERP and financial management software that is also perfect for beginners.

#17 NolaPro

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NolaPro is a free cloud-based accounting system designed for businesses of all types. It is available for Windows and Linux operating systems. The free version is also available in the shape of a desktop version as well that will make you able to synchronize your data with the cloud base data management system.

After this, you can access both desktop and online account management systems. Some of the features of the NolaPro availability of the account ledgers, order management system, inventory management system, payroll management system, data backup management system, maintain the record of bills payables, the secure keeping of data, and much more.

#18 InDinero

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InDinero is the name of accounting services and software for the business of all types and sizes. By having this platform, you can maintain all of your business and commercial financial records centralize at a single place. The exception about InDinero is that it is delivering the solution for tax matters as well.

It will deliver you all those internationally acceptable accounting solutions and tools that will make you able to understand, run, and grow your small business to take it to a higher level. The primary purpose of any accounting software should be to assist you in knowing about where your money is going and what your position in the corporate world is.

#19 Yendo

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Yendo is a suite of multiple business management systems that provides business solutions in the shape of a cloud accounting system, cloud CRM system, and cloud payment system. All these features are collectively available by the Yendo in the cloud. So, you don’t require installing any extra program or third party installation package.

The financial accounting system contains all those solutions that you need to manage your business in proper order. It is integrated with all those accounts and finance management tools that you need to manage, invoice, and make the record of expense and payments.

#20 Pandle

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Pandle is the name of a free web-based accounting system to make you an expert in dealing with your financial matters like an expert. The exceptional about Pandle is that both the professional accountants and beginners can easily use it because of its simplicity and ease of the user interface.

After using this web-based accounting software, you will realize that you don’t need the involvement of traditional spreadsheet software in your business environment anymore. It is simple to use yet comprehensive in its capabilities. This bookkeeping software removes the stress of bookkeeping by streamlining every process.