TurboTax is a tax preparation software, allows users to file federal and state income tax returns online. It is a simple and powerful tool that has millions of users who can use it to manage their tax system. Intuit develops the software with a step-by-step guide to tax filing.
It starts by asking users to provide data such as their occupation, charitable donations made, numbers of children, whether or not they own a home, and all the other similar information. By adding all the details, the software automatically fills up tax forms, the user needs to take a photo of their wage and the tax statements, and the software will input the data by itself.
The most exciting thing about this tool is that it is always up-to-date with the latest tax laws. TurboTax has a cloud-hosted mobile option so that even those on the go can quickly review their documents anytime, anywhere. The software includes core features such as easy preparations, import financial data, extra guidance, value donated items, always updated, and much more. TurboTax has more than four price plans; each one has its features and price.
Bookly is one of the best online bookkeeping platforms that enables business owners to handle accounts and manages their financials. It is an all-in-one solution that helps users to connect bank accounts, applications, and credit cards to send data to the bookkeeping team.
With the help of this platform, users can manage reconciliation, transactions, invoicing, payroll, payments, and lots of other things. Business owners can also easily add various teams to work collaboratively in real-time. The solution helps team members interact with each other using live chat, email, or phones.
One of the best things about this application is that it has an advanced search feature that enables users to filter transaction data by date and account type or category. Like the other similar solutions, it also has a powerful dashboard, helps users keep track of companies’ overall financial performance, and access it all features without any limitation.
There are three primary prices and plans, and each plan has its own cost and core features. The most prominent features of Bookly is that unlimited consulting, annual tax planning, access to sure payroll, personal tax preparation, etc. Overall, it is one of the best online solutions as compared to others.
Beanworks is powerful accounting software that helps accounting teams get an invoice to payment faster through AP automation. It is a cloud-based platform that uses automatic data entry to pull invoice data into a secure and intuitive dashboard. Its dashboard is quite simple and easy to use; you can easily access all tools and features without any limitation.
The best thing about this tool is that it offers a customization system and allows you to easily create your custom setting that depends on your needs that make it better than others. Invoice is then routed for easy approvals from your computer or mobile devices. All the approved invoices can then be paid by virtual credit card to earn cash-back rebates as well as direct deposit by ACH or EFT.
The completed transactions and invoices are securely stored in the cloud for more than seven years, which means no more paperwork filing. Beanworks is a comprehensive accounting tool that comes with all the significant features. Such as audit trail, workflow, transaction monitor, custom reports, invoice approvals, electronic payment, expense tracking, and financial analysis, etc.
More About MYOB
MYOB is a platform that allows users to get access to all kinds of business software and solutions, which helps people in running their small, medium, and large businesses. It comes with amazing accounting software that enables users to know their system’s cash flow, and it can help them understand what is possible for their business.
The platform eliminates the hassle of managing spreadsheets and manual entry systems, and everything in it is managed automatically. Moreover, it allows users to manage tracks when clients are receiving and open their invoices and manage bills and expenses.
Users do not have to worry about paying taxes, and users can access the software wherever they are and can calculate and run reports on their taxes. Moreover, it allows users to have complete control over the cash system, and users can get payments faster through it.