Top Small Business Accounting Solutions for 2018

Selecting the ideal accounting tool for small businesses can be challenging due to numerous options on the market. The best choice offers comprehensive features at an affordable price, combined with user-friendliness. Software that automates entries, bill management, invoicing, expense tracking, and financial reporting, including reconciliation, simplifies accounting and auditing processes. Here are some leading accounting solutions for small businesses in 2018:

• Saga 50c is a desktop-based accounting platform accessible both locally and via cloud apps, streamlining financial management remotely.

The software includes invoicing, cash flow, tax management, inventory, and more. Sage 50c offers three subscription tiers, starting at $439 annually.

FreshBooks is designed to boost productivity and simplify finances through automation—tracking expenses, invoicing clients, and managing time. It offers three plans, with the basic 'Lite' starting at $15 per month for five clients.

Kashoo caters well to small business owners across industries. Its dashboard monitors invoices, payments, expenses, bank feeds, and reports. Customer support is personal, not automated. The monthly plan is approximately $29.95, often cheaper with an annual payment.

Wave provides free financial software that tracks expenses, invoices, and payments, while also balancing books. It includes premium features like credit card payments and recurring billing for loyal customers.

QuickBooks simplifies record-keeping, enabling easy collaboration among accountants and automatic bank transaction categorization. It supports mobile receipt capture and offers four plans, with the basic 'Self-Employed' package starting at about $5 monthly.

These software options help small business owners manage their finances efficiently with minimal effort.