While they say that the best things in life are free, some free stuff just won’t do. In the world of business accounting, many free accounting solutions, if not all, are rather limited in features and tools. While they may seem to be adequate for startups and developing enterprises, free accounting software just won’t do.
As businesses grow and evolve, so too are their needs for a reliable accounting platform. This is where paid accounting platforms come in. They carry functionalities and options you just can’t get from a freemium version. Having said that, you do not have to shell out a whole lot of money so you could purchase highly expensive accounting systems. But you do not need to be cheap either.
As most experts say, invest on the best software your money can buy as well as address your business needs. Listed below are the best of the low cost accounting software that works for small to medium sized businesses. Check them out.
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If you are a vendor and have an interesting B2B product that hasn’t yet been listed on our review platform feel free to let us know about it. You can add your product to the listing here. Our experts will be happy to prepare a detailed review of your product free of charge. Here’s an example of an accounting software review by us.
Chargebee
Chargebee is specifically developed as a subscription billing solution optimized with high value features that include accounting and business management tools. Ideal for developing enterprises to medium-sized businesses, Chargebee is integrated with a very functional dashboard that gives users a quick overview of their customer base as well as snapshots of their revenues.
At the very basic level, Chargebee standard plan is pegged at $79 per month and is limited to 200 invoices, which includes the following functions and tools:
Credit Card Billing
Invoice Billing
Smart Dunning Management
Role Based Access
Email Notifications
Hosted Payment Pages
Customer Portal
Theme Gallery
API Access & Support
Reporting & Analytics
Third Party Integrations
Unlimited Trial Customers
Priority Email Support
ChargeBee SmartScore and Customer Satisfaction
Our B2B experts conducted a review of ChargeBee features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave ChargeBee a score of 6.9/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 100%.
ZenCash
Zencash streamlines every essential invoicing and collection processes without compromising accuracy and reliability. The software automatically follow ups all issued invoices via multiple channels (emails, phone calls, notecards, etc.) until the invoice is paid and the amount is settled. Zencash also syncs with 8 different accounting systems, making it an ideal accounting tool as well.
Zencash boasts of flexibility, excellent customer support, and great features that many would want and need from a paid billing and invoicing software. The setup is so simple and powerful that it has become a widely used billing and invoicing solution among small and medium sized enterprises.
What is so great about Zencash, apart from its features and tools, is its very flexible pricing scheme. Zencash charges $15 per customer per month with a minimum of 10 customers. Users can then easily add more customers to their package. Listed are the usual features as well as premium options you get with the ZenCash experience.
Connect to your Quickbooks, Xero, Freshbooks, etc.
Automate data entry
Make follow-up phone calls
Schedule ZenCash to send printed reminders
Offer integrated third-party collections
Send emails, including thank-you notes
Schedule follow-ups to happen automatically
Use drag and drop technology
Automate the process of tracking unpaid invoices
Connect with popular invoicing applications
Fast and free set-up
Allows you to dDecide which customers can be managed
Live A/R agents inside the United States
ZenCash SmartScore and Customer Satisfaction
Our B2B experts reviewed ZenCash accounting software features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave ZenCash a score of 8.4/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 95%.
Sage 50 Pro
As small businesses grow, the need for a more advanced and robust accounting software grows as well. Sage 50 Pro offers a dynamic and powerful accounting solution for small to large businesses. With Sage 50 Pro, users can work on tax-related processes like collection, tracking, and submission with utmost confidence. The tool also helps users manage cash flow and costs as well as monitor sales, expenditures, and taxes. Clients can pick from over 90 built in report templates for their presentations.Sage 50 Pro also prepares and generates invoices and quotes.
Sage 50 Pro is priced per user, with the standard bundle rated at $269 per user per year.
Listed are the tools and features Sage 50 Pro bring to the table.
Basic accounting
Invoice through mail or email
Monitor cash flow
Pay bills online
Excellent inventory and job management
Fixed assets management
Job/Project management
Vendor Management Center
Customer Management Center
Inventory and Services Management Center
Dig up insights in data
Over 100 customizable reports and financial statements
Sage Business Care Silver
Sage Advisor
Multi-User up to five licensed named users
Terminal Services
Sage 50 Pro SmartScore and Customer Satisfaction
Our B2B experts wrote a review of Sage 50 Pro functionalities, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave Sage 50 Pro a score of 7.8/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 97%.
FreeAgent
Built for freelancers and small businesses, FreeAgent flaunts a simple platform packed with an extensive repertoire of accounting tools that will not only take care of your finances, but also help manage and track expenses, budget funds, and streamline tax-related processes. FreeAgent also boasts of a very reliable and knowledgeable customer support team that is more than ready to provide expertise for every issue and concern that arises.
When it comes to price, FreeAgent is a budget-friendly solution, thanks to its $20 per month universal rate. And for something so affordable, there is no question that users get a whole lot more.
Send estimates as well as proposals
Beautiful invoice templates
Customize invoices
Send recurring Invoices
Automated bank feeds
Give profit and loss statements
Do time tracking
Expense tracking and management
Timesheet reporting
PayPal, Stripe, GoCardless Integrations
Customizable sales tax rates options
Multi-currency invoicing
Balance sheet
Tax timeline
Sales tax reports
Configure sales taxes
Mobile app for iPad and iPhone
Multi-language support
Save or email invoices as PDF
Give your accountant access
Support
Easy invoicing
Expense management
FreeAgent SmartScore and Customer Satisfaction
Our B2B experts performed a detailed review of FreeAgent features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave FreeAgent a score of 6.9/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 97%.
Quickbooks Pro
QuickBooks Pro is a perfect accounting software for businesses that are in the brink of expansion and looking to graduate from their basic accounting platform. Developed with the small and medium businesses in mind, QuickBooks Pro is quite a simple solution that really concentrates on helping users become more productive with their financial tasks. With QuickBooks Pro, users can track sales, generate invoices, be in control with their expenses, and gain business insights.
QuickBooks Pro is offered as a desktop software for a one-time payment of $229.95. The package includes the following features:
Add multiple attachments
Customize email templates
Your income-producing transactions in one spot
View all banking transactions
Track bounced checks
See key reports in just one click
Simplified customer forms
Customer, Vendor and Employee contact information
Simplified navigation
Calendar View
Lead Center
Document Center
Use report templates created by other QuickBooks users
Customer Snapshot
Memorized Transactions
Save worksheet formatting when you export to Excel
Professional looking invoices and forms
Track sales, sales taxes, and customer payments
Send invoices and estimates from Yahoo!, Gmail, or Hotmail
Track inventory, set reorder points, and create purchase orders
Create and print deposit slips
Print checks, pay bills, and track expenses
Company Snapshot
Report Center
Import from Excel or other email address books
Up to 3 users at the same time
Individual user permissions
Create a copy for your accountant
Import from Excel, Quicken, Microsoft Office Accounting, and older QuickBooks versions
Download bank and credit card transactions
Pay W-2 employees and file payroll taxes
QuickBooks Pro SmartScore and Customer Satisfaction
A full review of QuickBooks Pro features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave QuickBooks Pro a score of 9.0/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 98%.
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