- Best Free Small Business Bookkeeping Software - Chen Nanyang
Bookkeeping is the practice of recording a company’s financial transactions including sales, purchases, revenues, and payments. These recorded financial transactions can be used to create accounting reports by accountants.
There are many kinds of bookkeeping software programs available for downloading online. Bookkeeping software can help a bookkeeper easily record all the transactions in the correct daybook, suppliers ledger, customer ledger, and general ledger. A company can choose low-cost software or even freeware for their bookkeeping accounting management.
Cheap Bookkeeper Software for Small Business
Many commercial software companies provide bookkeeping programs priced at hundreds of US dollars. They are fully-featured and usually integrate the functions of accounting software, tax software, and payroll software. Knowing the basic functions of these applications can help a company choose free bookkeeping software.
For example, Avanquest Bookkeeper 2010 is bookkeeping software that can help small business owners easily manage sales and expenses. It is priced at $39.9, and the payroll tax tables require an additional subscription fee.
The main functional modules of this software include:
- Financial management module. It can help a company create monthly budgets by account, track jobs and projects, and schedule recurring transactions.
- Banking management module. It can help a company track credit card and bank transactions directly.
- Expenses management module. This module can help a company track and pay bills individually, fill out checks, and get automatic bill reminders.
- Payroll management module. It can help a company write and pay bills, calculate earnings and deductions, pay with flexible pay periods, calculate federal and state taxes.
- Payments management module. It can help a bookkeeper create customized invoices and estimates, calculate single and multiple sales tax rates and totals automatically, and add logos and shipping data including tracking number and freight costs.
- Credit card processing module.
- Reporting module.
Best Free Simple Bookkeeping Software for Small Business Comparison and Reviews
Small business owners may look for free and easy solutions as alternative of costly commercial software. Under this circumstance, free bookkeeping software will be a good choice. The best free and simple applications include:
- Responsive Ledger Bookkeeping Software is a free and open source accounting system for small to medium-sized organizations that need a general ledger or cashbook. It can help a company record and summarize the transactions and is free for both non-commercial and commercial use.
- Lazy8 Ledger is free open source bookkeeping software compatible with Windows, Linux, and MAC that has Java installed. This software is designed for people who have experience in bookkeeping (double entry). Those people without bookkeeping experience should see their free online bookkeeper tutorial before using it.
Responsive Ledger and Lazy8 Ledger are both perfect solutions for small business bookkeeping management. Visiting their web site, a user can find all he or she needs.
Related Articles and References:
- Best Free Tax Accounting Software Review: Compare Professional and Personal Tax Calculation Filing Tools
- Best Free Personal Accounting Software Review: Simple Small Business Accounting Program Download
- Free Small Business Payroll Accounting Software: Best Simple Payroll Check and Tax Software Download Review
Chen Nanyang - Chen Nanyang's journalist career began in 2002 when he started writing for China's Nanfang City News, Singapore's United Morning Post and ...
