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  • Accounting Software: Which One is Right for Your Business?

    Accounting Software: Which One is Right for Your Business?

    When it comes to running your business, nothing is quite as important as your accounting software. Whether you’re selling ice cream or life insurance, you’ve got to have accurate bookkeeping.

    The question remains, however, which accounting software is right for you business? Today we’re going to help you narrow it down.

    Which Accounting Software is Right For You?

    Sage50 Cloud

    Designed primarily to help mid-to-small sized businesses, Sage50 Cloud is a great accounting software suite. It helps businesses to stay up on their taxes, keep their bookkeeping clear and concise, and generally stay compliant. Payroll, budgeting, inventory and more can all be tracked through the software.

    As the name suggests, Sage 50 utilizes the cloud to keep your information all backed up. This allows you to have the peace of mind that comes with knowing all of your important accounting information is saved and backed up. You can even track purchases and pay vendors all through this software!

    Sage50 Cloud has a variety of pricing options, which start around $45 per month. Depending on your needs, you can opt for more complex packages at higher rates.

    Freshbooks

    The streamlined, seamless and easy-to-use Freshbooks software is one of the top picks for accounting software. Whether you’re running a large business or a small one, Freshbooks as an accounting suite is a strong choice. You can easily set up recurring invoices to pay out to various contractors, record your expenses easily and import to other software in a flash.

    The dashboard makes it easy to find what you’re looking for, while the easy-to-navigate menus and options make it impossible to get lost. Accounting can be quite difficult, but Freshbooks takes a lot of the difficulty out of the equation! Pricing for this software starts at $15 per month.

    NetSuite ERP

    Another user-friendly and well-presented suite, NetSuite ERP is great for businesses of all sizes. Including integration for marketing, sales and customer relations, NetSuite is a rather robust accounting software. You can even handle your stocks through the excellently-designed suite!

    NetSuite ERP offers integration through inventory management tools, as well as a shipping module to keep track of all of your orders. The easy-to-use interface is available even on mobile devices! You don’t need to be an accounting expert to use the software, and it’s easy to find what you’re looking for through the simple dashboard.


  • The Ultimate Software Essentials For Every New Business

    The Ultimate Software Essentials For Every New Business

    Starting a new business can be tough. As a startup business owner, it’s crucial to discover the software solutions tools that can save you time and make your job easier. We’ve outlined the most essential new business software solutions of 2019.

    HR Software

    Whether you’re a Fortune 500 company or a start-up looking to make your first hire, modern-day HR solutions have never been more vital to businesses. Due to the ever-growing complexities of running a business in the last decade HR software has practically reinvented itself.

    While it can be tempting to outsource all aspects of your business with HR Software, it may not always be necessary. You should especially take this into consideration when pricing comes into play. Not all HR Software companies offer a complete package at one price. For example, Bamboo HR ups their prices for companies that run payroll with them by $4 per employee and $25 per month.

    Essential Accounting Software

    Keeping a close eye on your books is especially important when you first open your business. Having the right software solution in place can make this difficult task more straight forward and organized.

    The streamlined, seamless and easy-to-use Freshbooks software is one of the top picks for accounting software. Whether you’re running a large business or a small one, Freshbooks as an accounting suite is a strong choice. You can easily set up recurring invoices to pay out to various contractors, record your expenses easily and import to other software in a flash. The dashboard makes it easy to find what you’re looking for, while the easy-to-navigate menus and options make it impossible to get lost. Accounting can be quite difficult, but Freshbooks takes a lot of the difficulty out of the equation! Pricing for this software starts at $15 per month.

    Capeable Cloud Security and Storage

    There are a ton of great options when it comes to cloud storage! Many of them are free, but some offer some interesting paid features. If you have a lot of storage needs, whether it be for business or personal use, consider these great options for cloud storage!

    Microsoft’s answer to cloud storage is a great platform. Windows users have access to it as just another computer directory! It’s simple to access and offers 5GB of storage free to anyone. Just like Google Drive works closely with Google Office Suite, OneDrive works with Microsoft Office. If you commonly use Microsoft Word, PowerPoint and the like, OneDrive is a great option for you.

    If you decide to sign up for an Office 365 subscription Microsoft will reward you with an extra terabyte of storage on your OneDrive account. OneDrive for Business grants access to both storage and Microsoft Office. It’s just under $9 per person per month, which is actually a pretty good rate! If you already use a lot of Microsoft’s Office Suite, OneDrive is for you!

    Inventory Management Software

    Is your new startup going to require a large amount of inventory? If so, a comprehensive inventory management solution may be an essential piece of software for your business. Whatever solution you choose, it’s important that it’s capable of expanding with your business.
    Boxstorm, part of the Fishbowl inventory management system, allows you to track the cost of each item from the time it’s purchased to the time it’s sold. It allows you to have a real-time value of your existing assets. Ensuring your product gets from point A to point B is a core function of any business.
    Boxstorm can interface with multiple shipping solutions. It allows you the freedom to choose the solution that fits you best. They accommodate a wide variety of e-commerce solutions like WooCommerce, Shopify, Magento and Salesforce.


  • Best Bookkeeping Software

    Best Bookkeeping Software

    What is the difference between accounting software and bookkeeping software? 
    Accounting software is typically used to summarize financial data and determine the financial health of your business. Bookkeeping software has features that deal with measurement, identification, and recording of financial transactions. Both typically have overlapping features. Most of the best bookkeeping software comes with integration options with leading 3rd party accounting software. According to the US Bureau of Labor Statistics, about 20% of small businesses fail before they complete their 2nd year. Among the many potential reasons for failure, the lack of effectively managing money and bookkeeping is a leading cause. Small business bookkeeping software can offer you the tools and visibility you need to prevent your business from failing.

    Factors to consider when choosing a software: 

    1. Is it mobile friendly? Does it have well thought out features in app form?
    2. Where is my data stored? Cloud storage features ensure that your data is available from any device at any time
    3. How easy is the software to learn? What type of support is offered?

    What should I choose?

    Here are the best options on the market:

    1. Best for Small to Midsized Business- Quickbooks: Excellent features for invoicing and expense management. Design is very well thought out and user friendly. With regard to price point, it is reasonable for home use or business use.

    2. Best for Freelancers- FreshBooks: Freshbooks is designed for freelancers and businesses to manage finances. Seamless integrations with other third party applications are available.

    3. Best for Enterprise-Netsuite: A more robust set of enterprise features. Great features for global business management compliance. Real-time metrics and role based dashboards available.


  • The Ultimate Software Essentials For Every New Business

    The Ultimate Software Essentials For Every New Business

    Starting a new business can be tough. As a startup business owner, it’s crucial to discover the software solutions tools that can save you time and make your job easier. We’ve outlined the most essential new business software solutions of 2019.

    HR Software

    Whether you’re a Fortune 500 company or a start-up looking to make your first hire, modern-day HR solutions have never been more vital to businesses. Due to the ever-growing complexities of running a business in the last decade HR software has practically reinvented itself.

    While it can be tempting to outsource all aspects of your business with HR Software, it may not always be necessary. You should especially take this into consideration when pricing comes into play. Not all HR Software companies offer a complete package at one price. For example, Bamboo HR ups their prices for companies that run payroll with them by $4 per employee and $25 per month.

    Essential Accounting Software

    Keeping a close eye on your books is especially important when you first open your business. Having the right software solution in place can make this difficult task more straight forward and organized.

    The streamlined, seamless and easy-to-use Freshbooks software is one of the top picks for accounting software. Whether you’re running a large business or a small one, Freshbooks as an accounting suite is a strong choice. You can easily set up recurring invoices to pay out to various contractors, record your expenses easily and import to other software in a flash. The dashboard makes it easy to find what you’re looking for, while the easy-to-navigate menus and options make it impossible to get lost. Accounting can be quite difficult, but Freshbooks takes a lot of the difficulty out of the equation! Pricing for this software starts at $15 per month.

    Capeable Cloud Security and Storage

    There are a ton of great options when it comes to cloud storage! Many of them are free, but some offer some interesting paid features. If you have a lot of storage needs, whether it be for business or personal use, consider these great options for cloud storage!

    Microsoft’s answer to cloud storage is a great platform. Windows users have access to it as just another computer directory! It’s simple to access and offers 5GB of storage free to anyone. Just like Google Drive works closely with Google Office Suite, OneDrive works with Microsoft Office. If you commonly use Microsoft Word, PowerPoint and the like, OneDrive is a great option for you.

    If you decide to sign up for an Office 365 subscription Microsoft will reward you with an extra terabyte of storage on your OneDrive account. OneDrive for Business grants access to both storage and Microsoft Office. It’s just under $9 per person per month, which is actually a pretty good rate! If you already use a lot of Microsoft’s Office Suite, OneDrive is for you!

    Inventory Management Software

    Is your new startup going to require a large amount of inventory? If so, a comprehensive inventory management solution may be an essential piece of software for your business. Whatever solution you choose, it’s important that it’s capable of expanding with your business.
    Boxstorm, part of the Fishbowl inventory management system, allows you to track the cost of each item from the time it’s purchased to the time it’s sold. It allows you to have a real-time value of your existing assets. Ensuring your product gets from point A to point B is a core function of any business.
    Boxstorm can interface with multiple shipping solutions. It allows you the freedom to choose the solution that fits you best. They accommodate a wide variety of e-commerce solutions like WooCommerce, Shopify, Magento and Salesforce.


  • Freshbooks vs. Quickbooks: Which is Best for Your Business?

    Freshbooks vs. Quickbooks: Which is Best for Your Business?

    As a business owner, it’s important to find tools that can save you time and make your job easier. Finding the right accounting software for your business can be a tough decision. Software that works for one company, might not work for the other. This way having a good accounting solution in place from the start is a seriously good idea, so that you can ensure you can keep on top of tracking money!

    Luckily, there are some very easy to use and well-developed software applications available, which can not only make it easy to manage your accounts, but also make everything clearer for your accountant at the end of the year, saving administration costs there.

    Some accounting packages are downloadable software, but these days it’s more common for applications to run in the cloud, which means you can access them through a web browser or app on almost any device, including on your phone while on the go.

    Here then are the best in accounting software currently available:

    Freshbooks

    The streamlined, seamless and easy-to-use Freshbooks software is one of the top picks for accounting software. Whether you’re running a large business or a small one, Freshbooks as an accounting suite is a strong choice. You can easily set up recurring invoices to pay out to various contractors, record your expenses easily and import to other software in a flash. The dashboard makes it easy to find what you’re looking for, while the easy-to-navigate menus and options make it impossible to get lost. Accounting can be quite difficult, but Freshbooks takes a lot of the difficulty out of the equation! Pricing for this software starts at $15 per month.

    QuickBooks

    Intuit QuickBooks may have been around since the days of DOS, but the latest version is right up to date. It is an easy-to-use cloud-based suite for just about all your business needs. Even the Essentials plan for $20 per month has plenty of features: invoicing, expense tracking, as well as time tracking, manage bills, and works for up to three users. There’s also the option to add either self-service payroll or full-service payroll for an additional fee.

    Conclusion

    Overall, QuickBooks wins the race for the best small business accounting solution. The program has more features, the features it offers are more robust, and its pricing options are affordable (even if they are slightly more expensive than FreshBooks plans).

    If your business is small, starting with QuickBooks now could help you avoid headaches down the road. When your business grows, you may eventually need access to some of the more advanced features available through QuickBooks. Learning QuickBooks on the front end can help your business avoid the growing pains of learning a new accounting system down the road.

    However, there are still several instances where FreshBooks might be the better choice. If you’re a freelancer, solopreneur, or you need to track hours worked by your employees or contractors, FreshBooks may do a better job of meeting your needs at a slightly more affordable price.

    It is not a “one size fits all” concept. Research your options, test what works for you, and you will find the right fit for your company. Evaluate what features you need and what features you do not need. Line up those needs with one of the programs above, and you will find the right one for you. However, most importantly, don’t forget to take advantage of all the free trials and demos out there!


  • Accounting Software: Which One is Right for Your Business?

    Accounting Software: Which One is Right for Your Business?

    When it comes to running your business, nothing is quite as important as your accounting software. Whether you’re selling ice cream or life insurance, you’ve got to have accurate bookkeeping.

    The question remains, however, which accounting software is right for you business? Today we’re going to help you narrow it down.

    Which Accounting Software is Right For You?

    Sage50 Cloud

    Designed primarily to help mid-to-small sized businesses, Sage50 Cloud is a great accounting software suite. It helps businesses to stay up on their taxes, keep their bookkeeping clear and concise, and generally stay compliant. Payroll, budgeting, inventory and more can all be tracked through the software.

    As the name suggests, Sage 50 utilizes the cloud to keep your information all backed up. This allows you to have the peace of mind that comes with knowing all of your important accounting information is saved and backed up. You can even track purchases and pay vendors all through this software!

    Sage50 Cloud has a variety of pricing options, which start around $45 per month. Depending on your needs, you can opt for more complex packages at higher rates.

    Freshbooks

    The streamlined, seamless and easy-to-use Freshbooks software is one of the top picks for accounting software. Whether you’re running a large business or a small one, Freshbooks as an accounting suite is a strong choice. You can easily set up recurring invoices to pay out to various contractors, record your expenses easily and import to other software in a flash.

    The dashboard makes it easy to find what you’re looking for, while the easy-to-navigate menus and options make it impossible to get lost. Accounting can be quite difficult, but Freshbooks takes a lot of the difficulty out of the equation! Pricing for this software starts at $15 per month.

    NetSuite ERP

    Another user-friendly and well-presented suite, NetSuite ERP is great for businesses of all sizes. Including integration for marketing, sales and customer relations, NetSuite is a rather robust accounting software. You can even handle your stocks through the excellently-designed suite!

    NetSuite ERP offers integration through inventory management tools, as well as a shipping module to keep track of all of your orders. The easy-to-use interface is available even on mobile devices! You don’t need to be an accounting expert to use the software, and it’s easy to find what you’re looking for through the simple dashboard.