Blog Which Accountancy Software Is The Best?

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Which Accountancy Software Is The Best?

Software has revolutionised the way accounting works, making it more straightforward and seamless than ever. But with such a wide range of accountancy software out there, it’s difficult to decide which type is best suited to your business.

To save you traipsing through endless websites, we’re going to go through the main benefits of the most popular types of software right here – so you’ll discover the perfect fit in no time.

QuickBooks

Depending on the plan you choose, QuickBooks software is hugely advantageous, especially if you undertake international work. This is because it provides multi-currency support, so converting pounds will be no bother. QuickBooks also comes with a free mobile app, so you can snap receipts with your smartphone to keep on top of expenses as you go.

Accurate clients bills can be achieved by utilising Quickbook’s ‘track employee feature’, with staff logging their hours spent working on projects. These invoices can be customised and tracked, and the software also connects with your bank account. Ultimately, transactions are automatically entered without you needing to lift a finger.

Sage

Available to small businesses with nine employees or less, Sage software is great for managing long-term business goals, as it analyses profit and presents cash flow forecasts. You can also use Sage to simply submit VAT online to HMRC, rather than needing to go onto the Government Gateway website.

The Pay Now functionality enables your clients to quickly pay an invoice with a single click, saving you a huge amount of time chasing clients. What’s more, Sage software makes it quicker to create invoices and comes with bank-level security, so you won’t need to fear for the safety of your accounts.

Xero

With the award-winning Xero app, your accountancy tasks can be completed from anywhere in the world. The software can also be integrated with a catalogue of 600 time-saving apps, and invoices can be easily controlled. It’s simple to organise purchase orders, bills and supplier payments, too, whether your preference is to manage them electronically or by cheque.

Employees can use Xero to view their payslips and submit expenses or timesheets. You’ll ensure a positive cash follow with the one-stop dashboard, and there’s no limit on the number of users. Also, the software offers customisable reports, free unlimited 24/7 support, and automatic backups that prevent loss of data.

With the addition of innovative customer-oriented updates released every 3-6 weeks, Xero keeps your accounts permanently up-to-date. This is just one of the many reasons Bright Ideas incorporates this software within our packages.

Using Xero, our team can easily determine the best approach to move forward with your business’ finances. If you use QuickBooks, Sage or any other software, then we’re happy to work with the system that best suits you.

To let us work our magic on your accounts, call our team on 0161 669 4221, email info@biaccountancy.com, or fill in our online contact form.