When starting up a small business it is important to keep your costs low, so you need good Free Accounting Software for Small Business. There are quite a few different packages out there, and some of them are quite powerful. You do need to be careful though, as some are only free for a few months, others are just no good to use. Others are as good as any you can buy and are completely free.
Most of the reputable packages will handle most of a small business accounting requirements and many can be upgraded when the business grows. There are also software suites available that are web-based. These are packages that you access through the internet and do your accounting needs. But as is the case with all web-based stuff, it would need you to have internet access wherever you want it and some of the software might tend to eat up the bandwidth as well.
Also, some of the functions cannot be very complex as then they cannot be hosted on the web. So, basically, it’s a trade-off between what is available and what is it that you need. You will need to first find out what your accounting needs are for your business. If you have an accountant, they can help you list what different abilities you may require, but some will probably be, invoicing, accounts receivable, VAT and much more.
Once you have determined what features and abilities you need to have, and probably other features you would like to have, then you can start looking at what is out there for free. One of the free accounting packages that are available is EzyBooks. You can create or import databases of companies, contacts, and products or services. It allows you to customize invoices and quotes or estimates, and these forms can be filled in manually or from lists. This package will expire after 30 days after that just for 5.99 pounds per month 50% off for the next 6 month. Signup Now.
You have the ability to only allow them to see certain aspects as it impacts them, perhaps they would be able to see if you have a product on hand that they wish to order, or if a service person would be available at a certain time. Sending invoices is also very easy to do, you can also change an invoice that was previously generated and look at previous invoices that may be disputed or payments are late. You are also able to record expenses and invoice them to clients if you wish. The only downside, if you are a very small business you may find that it offers too much and may find it confusing, if you are a heavy invoicing company though, you will find that it will meet most if not all your needs.
EzyBooks is good web-based after 30 days free trial you will get just in 5.99 pounds per month for the next 6 month. If at the end of the trial period you do not wish to purchase it, you don’t have to, however, if you do like it and purchase a license then you will also get more features. You can create invoices, quotes or orders and the invoices can be saved or sent as PDF files. You are able to set up recurring invoices, send statements to overdue accounts, set up multiple tax rates, as well you are able to customize the invoice including putting your logo on it. It allows mobile a mobile link to many smartphones so that sales reps or service reps can easily look at accounts.