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Business accounting software helps small companies keep track of their expenses, income and payments. It streamlines these processes to allow you to concentrate on attracting new clients and increasing revenue, rather than worrying about spreadsheets and calculations. There are accounting tools that are free available, as well as subscription packages which cost a few dollars per month. They are simple to use, offer robust planning and tracking tools, and offer reports. They can also be flexible. Some are specifically designed for specific industries like restaurants or retail stores and others are utilized by a variety of businesses.

Project costing, budgeting and automatic updates are some of the top features in accounting software for businesses. It will also allow you to create recurring client invoice profiles and provide automated reminders for payments. Find a system that lets you add more users to work with your team or outside bookkeepers.

Xero is considered to be one of the most popular accounting software for small-scale businesses. Its free version includes the basic features, including expense and income tracking as well as invoicing. Financial reporting and receipt capture are also available. Customer service is available 24/7 and includes phone, email and chat support, as well as the ability to schedule your time in a way that allows you to request help around your schedule.

Software also includes an app for mobile devices with a custom dashboard, and a variety of plugins that will aid you in making the most of your data. It supports general ledger as well as job costing and has an intuitive user interface. Its cloud access and banking integration make it a good option for small-sized businesses.

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