Accounting software for your small business is a big decision. Finding the right software that will work best for your business can literally affect your bottom line. Most accounting software has consistent basic features that are offered to all small businesses. However, there are a variety of different reasons why you might choose one over the other. For example, you may decide that you need accounting software to use on your mobile devices as well as your computer. Or you may need a robust system that can handle multiple tasks versus a basic spreadsheet to keep track of your business profits. Below, we outline a few of the popular accounting apps than many small businesses use today.
Freshbooks is a very popular accounting app that is simple to use and a favorite among many small businesses. The goal of Freshbooks is to help you reduce the amount of time spent on paperwork. It will help you to organize and keep track of all your business expenses. You will also be able to keep track of your time sheets in Freshboooks. This app is cloud based which means you can access it on a variety of digital devices. This app comes with easy to use invoicing, so you quickly send out billable’s to your clients. You can also accept credit cards through Freshbooks. In order to accept transactions, you will need to use a payment gateway, such as SecureGlobalPay’s Payment Gateway.
This accounting software is often touted as the rival of Quickbooks. Sage is also cloud based which means you can view your accounts on a variety of digital platforms. Sage has an easy to use dashboard that will give you a quick summary overview of your finances. When you buy a subscription to Sage, you can manage up to 100 companies at the same time through Sage. You will also be able to choose how you would like to best track your users. You can set up teams, territory’s and projects to help manage the finance for each project. With Sage, you will also have the opportunity to personalize the Sage accounting software for your team and most importantly for your customers.
One of the best features about the Wave accounting app is that it is a robust accounting tool that can be customized to look exactly like your back end. With Wave you can create and send professional invoices to your customers. You will also be able to actually track the status of your invoice and payments to help you keep track of who owes your business money and who doesn’t. Wave is also “FREE” to the general public. There are no set-up fees and no hidden charges.
Wave can also help you manage your receipts. All that you have to do is download the wave app to scan and store receipts to your wave app.
Xero Accounting software is a robust app that will easily help you manage all of your small business software needs. It keeps track of invoicing, inventory, payroll and more. You will be able to reconcile your bank account, record your bills and record and manage your expenses through an online portal.
Xero Accounting will also let you accept payments through a payment processing gateway.
Quickbooks is perhaps the one of the most popular accounting software applications on the market. It has a huge following and a large amount of support for the app. Quickbooks has many features that small businesses need to manage and maintain finances. It has an easy to use dashboard that will give you an overview of your small business finances within seconds. With the Quickbooks app on your phone, all of your sales mileage will be recorded into the app! Quickbooks will also automatically categorize all expenses based on your receipts. If needed, you can also invoice and receive payments from customers through Quickbooks.
SecureGlobalPay Payment Gateway
In order to process transactions through any accounting app, you will need a payment gateway. The SecureGlobalPay Payment Gateway can offer faster payment processing through your accounting app.
A payment gateway is accurately defined as the software that works with a series of servers to transfer or move credit card or debit card information from the actual card to the issuing bank of that card for approval. The payment gateway also transfers approval or denial notices from the issuing bank back to the processing software.
A payment gateway is so critical to the success of a merchant account because it provides all the security needed to transfer information from one bank to another. A secure payment gateway must adhere to a series of industry regulations known as PCI compliance. If the payment gateway does not follow the rules set forth, then as the merchant account holder, you will most likely be penalized with a variety of fees.
SecureGlobalPay Payment Gateway for Payment Processing
What You Need
An icon from your accounting software that will accept payments customers want to make via phone or In person
Invoicing with the ability to email invoices right from your accounting app software with a “Pay Now” link, letting customers pay you instantly online or from their mobile device.
Icon for card reader to swipe credit cards. You will be able to accept ACH bank transfers and all major credit cards including Visa, MasterCard, Discover and American Express.
Icon for getting paid
Once payment is received, books are automatically updated. SecureGlobalPay Payment Gateway will also be able to auto-deposit payment to your financial institution.
With Mobile Processing, you will be able to take all payment types, accept and record all credit card transactions and record any cash or check payments. All transactions will sync up with your accounting software and to help you fully manage your business. You can send personalized receipts with your business logo to your customers.
How It Works
Swipe, key, or take a photo of your customer’s credit card information.
Customer signs for the charge using the Intuit GoPayment app.
Get paid instantly
Credit card charges are processed instantly. Email or text a receipt to your customer.
SecureGlobalPay can offer faster payment processing for your Ecommerce transactions. You can email invoices right from your accoutning software with a Pay Now link, letting customers pay you instantly online or from their mobile device.
How It Works
Icon for accept payments
Email invoices right from QuickBooks with a Pay Now link, letting customers pay you instantly online or from their mobile device.
Icon for card reader to swipe credit cards
Accept ACH bank transfers and all major credit cards including Visa, MasterCard, Discover and American Express.
Icon for getting paid
Books are auto-updated
QuickBooks updates your books automatically as soon as your invoice is paid. We auto-deposit, too.