Accounting software can be helpful for business owners, as they can enter their expenses and income and monitor their finances. It is an efficient tool, and it minimizes the errors that happen due to manual processing. Since most accounting software are automated, they also help save time. It also gives business owners the convenience to store important receipts and documents, which they can access at any time. If you are a business owner looking for a reliable accounting software provider, then read on.

Here are a few credible accounting software service providers that you can consider for your business.

1. Intuit QuickBooks
QuickBooks’ recent Cloud-based release was in 2019. QuickBooks, established and marketed by Intuit, has built a good reputation among its users, and over seven million businesses utilize this accounting software. This provider largely focuses on medium and small-sized businesses. If you are a business owner and have no experience in accounting, QuickBooks is highly suitable for you. It is easy to use, affordable, and the set-up is hassle-free.

QuickBooks offers a plethora of services. It aids you in maintaining a record of tax payments and returns. It assists you in doing sales tax calculations. With this accounting software, you can file yearly and quarterly tax returns with user guides. You can also export tax-related data and make personalized reports, and you can scan receipts and attach them to your invoices.

QuickBooks offers plans, and the cost of each varies. Its Simple Start plan provides you with basic tools for bookkeeping and costs only $12.50 for a month. Its Essentials plan offers you the features of automated bills and costs $20 per month. On the other hand, you can get more organized and manage contractors, inventory, and projects with the Plus plan, which costs $35 a month. Lastly, if you are looking for in-depth insights, you may select the Advanced plan, which costs $75 per month.

2. GoDaddy
Apart from being a popular name in the website creation and web-hosting space, GoDaddy is quite well-known for its accounting software. GoDaddy is a boon if you are an eCommerce business owner and do not have any accounting experience. It has tools to organize and automate your accounting and bookkeeping solutions. GoDaddy’s accounting software has been designed especially for eCommerce businesses.

A few service offerings of GoDaddy include:

• Preparing and sending invoices
• Monitoring expenses and sales
• Processing payments online
• Viewing business reports, such as profit and loss statement

GoDaddy offers three plans. Their Get Paid plan begins at USD 4.99 a month. The services include generating business reports for the current year, accepting payments from the smartphone, and estimates and invoices. The Essentials plan has everything, right from the Get Paid version along with other offerings, like sales data imports, automatic credit card imports, and unlimited credit card imports. Its monthly cost is USD 9.99. The Premium version, which costs USD 14.99 a month, includes all the features from the Essentials plan along with the recurring invoices facility.

3. Bill.com
This automated bookkeeping platform can streamline your accounting needs. It offers three plans: Essentials ($39/month), Team ($49/month), and Corporate ($69/month). In the Essentials and Team plans, you may choose either the “Payables” or “Receivable” features. In the Corporate plan, you can get both the features. Some “Payables” across the three plans include features like six standard user roles, custom user roles, 360-degree vendor info, invoice data capture, and ACH, check, and international transfer. A few features related to “Receivables” include auto-pay and auto-charge, ACH and credit card payments, and payment status tracking.