QuickBooks Online
Freedom to work across all your devices. Access QuickBooks from PC, Mac, smartphone, and tablet!
QuickBooks Online Edition is an online version of QuickBooks, but instead of installing it on your computer, you access and manage your data through a secure, encrypted Internet connection. Once you’re setup, your data resides on QuickBooks remote servers.
There are 5 levels of the online version so you can select the plan that is right for you.
- Self-Employed – for independent contractors who fit a Schedule C.
- Simple Start – for new businesses just starting out.
- Essentials – for service-based businesses who invoice for their time.
- Plus – for product-based businesses who track inventory.
- Advanced – for growing businesses who need more productivity and insights.
Key Advantages
- Access your financial data anywhere, any time. Update your financial records, run reports, and track income and expenses from your home, office, on the road, or anywhere you can access the Internet.
- Grant access to multiple users. Give employees and your accountant limited access so they can update timesheets, sales, expenses or review the books. No need to invest in a network.
- Maintain total control of your data. Decide who has access, what they can see and what transactions they can make.
- Protect your data from facility disasters and hardware failures with automatic daily backups and offsite data storage.
- Manage financial tasks easily online. Track expenses, write checks, invoice customers, and more.
QuickBooks online is ideal for companies with multiple locations or who have financial or other staff who telecommute frequently.
Xero
Xero is an online accounting software with over 2 million users. It helps you connect and collaborate with all your business and bank accounts. You can track and pay bills on time, claim expenses, track costs, monitor bank transaction flows, accept payments, and much more.
Xero has a multi-tiered solution so that you can select the plan that is right for your business. Whether you are just starting out or are firmly established, Xero can help.
Xero also works for accountants and bookkeepers. You’ll have access to all the forms, templates, and files you are used to.
Key Features
- Pay Bills –track and pay bills on time. And get a clear overview of accounts payable and cash flow.
- Claim expenses – simplify employee expense claims. Capture costs, submit, approve, and reimburse claims, and view spending.
- Bank connections – connect your bank to Xero and set up bank feeds. Transactions flow securely straight into Xero each business day.
- Accept Payments – accept online invoice payments and get paid up to twice as fast by connecting to Stripe, Regardless and others.
- Track projects – Quote, invoice and get paid for jobs, plus keep track of time, costs, and project profitability within Xero.
- Payroll with Gusto – Use Gusto payroll to calculate pay and deductions, pay employees, simplify compliance, and update the Xero accounts.
- Bank reconciliation – Keep your financials in Xero up to date. Categorize your bank transactions each day using our suggested matches
- Contacts and smart lists – Look up a customer or supplier to see a full history of sales, emails, invoices, and payments as well as contact details.
- Capture data – Get copies of original documents and key data into Xero automatically without manual data entry using Hub doc.
There is still much more! You can create your own filing system, generate reports, track inventory, create and send itemized invoices, use multi-currency accounting, create and send purchase orders, generate quotes, and automatically calculate sales tax on transactions.
Sage Business Cloud
Sage Business Cloud is much like QuickBooks and Xero. Sage is an online product that offers solutions to match your business needs. Whatever the size or type of business you operate, Sage has a solution.
Sage offers a few specific solutions that differentiate them from their competitors and may be features that you need.
While Sage has created products and features for any sized business, they bring additional software advantages if you are in the Construction or Real Estate sectors, are focused more on the management side of a medium-sized or larger business, or you also need Human Resources and CRM functionality.
Sage’s Human Resource features allow you to manage and engage your workforce wherever they are directly through Sage HR. or Sage HRMS.
Sage CRM allows you to deliver a better customer experience with its CRM software. You can gain valuable insight from your customer, manage their experience, and help accelerate your team’s performance!
Whatever your businesses financial management and accounting needs are, you should look into Sage Business Cloud! In today’s remote work culture, this may be the best solution for you.