6 Apps That Help You Manage The Accounting Tasks Of Multiple Businesses

Summary: A business owner would make a grave mistake if he/she relies on paper-based accounting systems in this digitized age. You need a business accounting app or software program that will give you access to key pieces of information with ease and make reporting your earnings and expenditures a simple task rather than a chore. The right system will help your small business keep track of its financial health and pinpoint potential problems early. In doing so, you will be able to avoid dangerous mistakes. Here you’ll learn about 6 of the best accounting and bookkeeping apps.

There was a time when maintaining the books for a business company meant recording everything in a paper-based ledger. However, in this digitized world, professional invoice apps and software programs that are operable via smartphones and computers rule the genre of bookkeeping and accounting. Business companies of all sizes use accounting software programs and apps to track their revenue, forecast sales, send or receive invoices, and manage inventory.

A professional invoice app with accounting features can greatly reduce potential human errors that come with accounting on paper. It can provide you with access to critical information with just a few taps on the screen of your smartphone. Now, choosing the right app for this purpose isn’t going to be simple.

When you choose an accounting app for your business, you must understand your needs and the features that come with it. The market is full to the brim with various accounting apps that have different capabilities. Selecting a system for your business can and will overwhelm you. That’s why you need to go through this list. Here you’ll learn about 6 different accounting and bookkeeping apps that you can use. All these apps are the best in their class.

1. Moon Invoice: Moon Invoice is an award-winning free invoice maker. It’s primarily an app that lets you create and send invoices to your customers and clients. However, it also possesses all the accounting features that you can expect from a free invoice maker. The app lets you track the time spent on every project. You can also monitor your workers to note how much time they’re taking to complete a task. Moon Invoice also lets you keep track of your business expenses and income. The data gathered by the app remains safe and secure in the servers of the developers. You can extract it whenever you need to explore your business’s financial conditions. The best part is that you can add multiple businesses and conduct bookkeeping for them.
2. QuickBooks: QuickBooks is probably the most popular Manage Bookkeeping app that currently exists. Every other app developer is attempting to keep up with QuickBooks, but no one could come close to it. The one mentioned above is relatively new in the market, but it managed to come closest to QuickBooks. The app lets you pull up more than 50 common, easy-to-read financial reports and send them to stakeholders. You can send invoices with attached receipts via email, text, or messaging apps. Additionally, tracking expenses with this app is exceptionally easy. As you can see, there aren’t many differences between QuickBooks and Moon Invoice. The only thing that separates them is the price that you have to pay to avail of exclusive services. Moon Invoice isn’t entirely free. It charges a small fee if you choose to use it permanently. QuickBooks also charges a fee, but it’s relatively higher due to its brand value.
3. Xero: Xero makes accounting both easy and affordable, just like Moon Invoice. In reality, this Manage Bookkeeping app follows the other two apps mentioned here closely. The go-to features of Xero include invoicing, bank reconciliation, and employee time management. This app also lets you add multiple users. No other app lets you add unlimited businesses and users. Then again, you may not need this feature, unless you’re one of the world’s most famous business tycoons. While Xero is good enough, its users gave Moon Invoice and QuickBooks higher ratings. So, if you want an excellent app that you don’t want to rely on completely, then you can choose Xero.
4. ZipBooks: ZipBooks probably deserves more attention than it gets, especially when it comes to invoicing. However, with the arrival of Moon Invoice, it couldn’t keep its crown. Nevertheless, ZipBooks does deserve to be on this list. With it, you can send as many invoices as you want to an unlimited number of customers and vendors. Besides, this app was the first one that allowed users to send invoices from their phones. The mobile app of ZipBooks isn’t as proficient as a software program that’s available on computers. That’s why you may consider avoiding it in the long run. However, it lets you edit expenses, email clients, make multi-currency payments and send financing invoices through your phone. Of course, Moon Invoice offers all these features too.
5. Hiveage: The developers of Hiveage have been in business for around five years only. That’s why it doesn’t have a massive user base. It’s also the youngest member on this list. If you want something fast and convenient to charge your customers, then Hiveage is good enough for you. It works with over 12 payment gateways, including popular options, such as PayPal and Square. Moon Invoice also accepts payments through these gateways. Just like Moon Invoice, it lets you send offline payments too, and the plans come with unlimited clients, invoices, bills, and estimates.
6. Zoho Books: Most apps sync your data automatically across devices. It means whenever you enter a new customer payment on your app, the numbers update on your desktop software as well. Both Zoho Books and Moon Invoice automatically update data and build automated workflows into each plan, so that you remove more accounting tasks from your plate.

Final words

As you can see, the first app mentioned on this list is probably the best that you’ll find. Nevertheless, you should check all the apps given here as well as any other that you come across during your searches. You should make your choice only after exploring everything that you have at hand.