New Businesses are developing and growing at a rapid pace. As the business expands, so does its data, particularly, the accounts. With the accounting data exponentially multiplying, the accountants need advanced accounting software that utilizes robust technology and is optimized for larger data files and larger network usage if hosted online.
With different versions available, Quickbooks Enterprise cloud is the first choice many small and medium-sized business owners want for their accountants to be working with. Highly adaptable and one of the easiest to use, QuickBooks is packed with automated features such as invoicing, expense tracking, inventory management, purchase orders, and one-click reporting. The company offers a 30-day free trial for its Online version. Highly scalable, this software connects to your business bank accounts and can be easily integrated with 100+ third-party applications.
Microsoft Dynamics GP
This is a complete ERP solution which manages as well as estimates accounts by extracting real-time data from General Ledger creating accurate budgets. Mainly developed for small and mid-sized business, Dynamics GP is powerful software providing customizable Financial, Sales and Purchase reports. It offers dynamic accounting solutions for Supply Chain, Human Resource, and Manufacturing etc.
Considered as a complete package for all types of business, it is one of the easiest and cost-effective accounting and ERP software to deploy. Along with complete accounting solution including Financial Supply Chain and Management Accounting etc, SAP ERP also provides solutions for Operations, Human Capital Management, and Corporate Services. Further, it allows easier global integration bridging the barriers of currency exchange rates.
With multiple time-saving features and 5000+ customized tax forms, Lacerte is one of the most popular amongst accounting professionals. Using automated calculations and streamlined data input, Lacerte enables its users to file most complicated tax returns in significantly less time. It shoots tax law alerts enabling a user to comply with the laws.
This is yet another software providing complete ERP solutions which are scalable to large enterprises encompassing extensive automation and customization capabilities. Along with multiple accounting solutions in financials, and fixed asset management, SAGE software offers automated invoicing, and inventory management solutions. The user can map his/her resource utility. This application can be easily integrated with software like MS Office and Adobe Reader
Experts are calling it as a free alternative to QuickBooks. This might not be the highly attractive application because of its limitation in features, but is a solid performer when it comes to functionality with robust double-entry transaction processing. It supports Sales Order, Invoicing, Purchase Orders, Multi-Warehouse stock management, Bill-of-Materials, and flexible tax configuration capabilities etc. All these functionalities are delivered via clean-coded PHP executing against an underlying MySQL database making it supremely efficient even with the high volume of transactions.
Particularly suitable for personal use or small-scale business, GnuCash offers all the basic accounting functionalities. Freely licensed the GNU GPL, this is one of the easiest to use accounting software enabling the user to accurately track bank accounts, stocks, income, and expenses. It is based on professional accounting principles to ensure balanced books and accurate reports.