Taxes, invoices, accounts – when you’re running a small business, accounting can consume a lot of your time. You can make it easier on yourself by using these time-saving applications for your computer and your smartphone.
LessAccounting is a Web-based app and an iPhone app that integrates with PayPal. It also has the ability to connect with online banking and credit card accounts.
Michael Carney, owner of MWC Accounting Inc., a firm in Chicago, says he likes the app’s budgeting feature best. “It’s a quick analysis of how much money you’ve spent this month compared to last month,” he said. “I only have to go into my account once a day and I can see everything I need to know.” LessAccounting offers a $30 per month rate with options of upgrading to a pricier account with more bookkeeping help. The iPhone app is free.
Accounting is only one of the features that is offered by Intacct, a Web-based system that manages small- or medium-sized business finances. Intacct includes expense reports, purchasing and inventory, and even project management features. The pricing is customizable: Intacct takes into account how much the account is used and any optional modules your business requires to determine a price. Contact Intacct for a quote for your business.
Recognized by the eBay Star Developer Awards as the most innovative application of 2010, this Web-based app stores all of your accounting information online, allowing you to access it from any computer. The app creates IRS-recognizable categories to sort your information, as well as up-to-date quarterly and end-of-year tax estimates. An Outright account is free for the first month and $9.95 per month after that.
This Web-based application by Intuit is easy-to-use for Mac and PC users and comes in a variety of packages that range from $13 to $63 per month. In addition, QuickBooks Mobile, the free iPhone and Android apps, have automatic syncing to your QuickBooks Online account so that you can draw up invoices on the go.
Though the online format takes some getting used to for a QuickBooks desktop user, work becomes easier after the switch, says Cathy Iconis, owner of Iconis Group in Atlanta. “It schedules reports for my clients so that I don’t have to remember to do it every time,” she said. “It helps take care of the micro level stuff so that I can focus on the macro level.”
Related Resource: Selecting the Right Online Accounting Programs