QuickBooks Online
QuickBooks Online is a cloud-based account solution designed for small to large size businesses. With the help of this, companies can manage their expense, projects, invoices, and all the other account-related tasks. It is an online version of QuickBooks that comes with a centralized dashboard, which allows users to quickly gain insights into business trends and organizational performance using key performance indicators.
It is a modern-style account solution that contains almost all the leading tools and features to automate tasks. The software allows administrators to assign a task to sales representatives and grant access to specific users as well as collaborate on projects with team members. There is also has an option that allows users to capture digital copies to receipts and automatically sort transactions based on the categories that enhance all the financial operations.
QuickBooks Online also allows managers to create custom estimates, manage recurring payments, and quickly export generated reports in several formats by using its key tools. Like its main version, it also comes with an integrated system with third-party platforms, including Syft Analytics, Freedom Merchants, and more. The price plans of the solution are available on a monthly subscription.
#1 TurboTax
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.
#2 Bookly
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.
#3 Zoho Invoice
Zoho Invoice is an online invoice software specially designed for freelancers and small business owners. It is applied by creative designers, writers, and photographers looking to introduce their online startup and commercialize their activities among other prominent users. It is a simple and easy to use platform that helps you to manage and monitor invoices to share them with customers all from the same platforms.
You can use it to follow any transaction and customize invoices using a large array of premade templates and imported elements specific to your business. As expected from this reputed suite, Zoho Invoice also make it possible to create and distribute invoices in multiple languages and currencies. The solution features a simple and intuitive interface and helps them ride off complicated timesheets and steep learning curves.
It also allows users to create forms and generate invoices and adjust settings from the first moment they have created their accounts. With Zoho Invoice, you can also set up tax and tax groups, upload their templates and logos and personalize all emails. It also includes core features such as attach a file to invoices, calendar view of timesheets, REST APIs and time tracking, etc. Zoho Invoice is one of the best Invoice management solution as compared to the others.
#4 Beanworks
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 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 and 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, financial analysis, etc.