Now that cloud computing is available, there is a selection of accounting software to choose from. Ah… but which one to choose? Here are a few questions to ask yourself:
1. What is your end goal? Are you just looking to get information to fill out a tax return (on time, and no drama), or do you want reports that will help you to grow your business?
2. What kind of business do you have? Selling products or selling time?
3. How good are your with technology? Are you a mobile warrior, or spreadsheet junkie?
Depending on how you answer the above you can determine if you go with Outright, or a Freshbooks–WaveAccounting combination. Perhaps a Vend–Xero combo will do the trick. Or if you need a more complicated system QuickBooks Online be the one.
These software essentially do the same thing, gather your business transactions, help to categorize those transactions, and produce needed reports. They just do them from simple to more complicated degrees. Some have more bells and whistle than others.
In our next post we will begin product reviews to help small business owners figure out which product or products are right for them.
In the meantime please ask a question or post a comment.