![]() ![]() ![]() It has everything you need: an informative dashboard where you can see your money movement, one-time or recurring, multi-currency invoicing, quoting and expense claiming, all with access from both desktop and mobile devices. When it comes to online accounting, Xero is a true powerhouse with which a home business can easily handle its books. Recommended Home Business Accounting SoftwareĪlthough most online accounting solutions, such as the following three we’d like to recommend, are intended for SMBs, they have plenty of features which can be used by home businesses as well. However, keep in mind that mobile versions are only complementary, meaning that most of the work must be done from the desktop application. And last but not least, you can share your books with your accountant anytime for further modifications or verification. In fact, the greatest strength of these accounting solutions is that they work with various other programs, thus you can combine the power of all your preferred solutions. Many online accounting solutions have built-in time trackers, which, if they don’t meet your needs, can be substituted with a third-party solution. You can track your expenses by either manually entering them into your accounting or by simply snapping a picture of receipts with your phone’s camera and let the software process everything. Speaking of payments, whenever there is a change in your bank account, you will see it right away thanks to the automated bank reconciliation option. Such a feature is invoicing, with which you can create invoices in a jiffy, send them on a recurring basis, use a different currency/tax, and even turn on online payment options so your clients can pay you immediately with credit/debit card or PayPal. Regardless of the online accounting software you choose, you will be able to perform the most necessary accounting tasks with relative ease. With online accounting solutions all you have to do is set the program up, enter the necessary data, and sit back and focus on your work, while the software does most of the dirty work for you in a faster, cheaper, more automated fashion. ![]() With such software at your side, you can easily manage your accounting from invoicing, receipt processing and time tracking to managing projects, reconciling bank transactions, and even accessing everything on the go from your mobile device. ![]() However, those ages where you had to keep your books in lengthy Excel sheets, gather your receipts in dusty shoeboxes and occupy complete bookshelves with tons of folders are long gone thanks to online accounting solutions. No matter what kind of business activities you are engaged in, there is one thing that nobody enjoys dealing with: accounting. ![]()
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December 2022
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