Warren Brown for Jkengitech writes: What do all small businesses have in common? If they don’t take control of their finances they end up going under and it happens more often than you think. Don’t fall victim to the same fate as you will kick yourself, but you shouldn’t need to worry about messing up anyway. There are a lot of great accounting apps out at the moment to help you get your finances in check and we’ll look at a few now.
Shoeboxed
Do you have any idea where they came up with the idea for their name? If you do it’s because you’re guilty of throwing your receipts into a shoe box, which is great as they’re all in the same place although your bookkeeper won’t be happy with you when tax time rolls around. Now they’ve made it easy for anyone to keep a copy of every single business receipt because you just snap a photo of it and it will be stored away inside the app, plus you can get expense reports at any moment with a few clicks of a button.
Easy Books
If you’re only running a small operation you might not want to use a full-blown bookkeeping solution as they’re powerful and hard to get your head around, so something like Easy Books is a great alternative. Just because it’s not full of a thousand advanced features you’ll never use it doesn’t mean it’s not a professional business solution, but you’ll be able to keep track of all your financial affairs easily and you won’t waste a lot of time every day as entering information into the app is quick and painless.
Fresh Books
In the past you would always leave a paper trail and all your books would be thrown in a drawer, so you’ll feel a lot better now that all of your important financial information can be stored in the cloud. Fresh Books is one of the most popular pieces of accounting software in the world and you can use it for multiple things, such as sending invoices to your clients and tracking the amount of time you spend on everything. Even though it’s a premium solution it’s easy to use once you play around with it for a while.
Kashoo Accounting
Kashoo Accounting is another one of those all-in-one accounting solutions you will love and it’s packed with a lot of pro features. If you currently have an accountant or a business partner they’ll be able to access the exact same information as you which can make things easier. The offline access is beneficial when you want to work on something even if you don’t have access to the internet, so it means you won’t have any excuses if you don’t manage to get everything taken care of before tax time.
inDinero
There are a lot of accounting services out there that will help you save a lot of money, but at the end of the day it’s ultimately your responsibility to save as much as possible by keeping track of your expenses. You’ll be able to do it a lot easier if you download inDinero because all your business accounts and credit cards can be stored in the same place. You will see what is going out and you can set up alerts to remind you how much is actually coming in and going out of your accounts on a regular basis.
Make your life easier
If you can get on top of your finances it’s more likely your business will be able to survive any heavy hits. You never know when something bad might happen, so start using these apps today and at the very least you’ll know what is happening with your money.