Accounting and bookkeeping provide the backbone to any business. One simply cannot imagine doing routine business tasks without the use of accounting. Whether you have a small business or huge setup, you will always need to know how much money is coming and spending; in business terminology, one simply wants to manage the cash inflow and outflow. And that is only possible with accounting practices. Doing them manually requires a lot of time and seems a cumbersome work. Therefore, many accounting software packages are made available in the market. Mostly they are paid ones but the good news is that there is software(s) which are free and make accounting practices easy.
Let’s see what an accounting software is?
Free accounting software is a technology that lets the business owners and accounting professionals manage their business’ books through the computer for free.
The only glitch-free accounting software has that it won’t serve as a full-fledged powerful tool, and to access all the options available in free accounting software you will have to pay.
In my personal opinion, if you really mean to make your business stand out, then there is no harm in paying for this handful software (s) because they make bookkeeping a lot easier and manageable.
Using accounting software helps in managing invoices, payrolls, and expanses. At the end of the month or quarter, you will have a clear picture of your business. Managing finances lets you evaluate your business well. It clears the picture in which your business is heading and what you need to do to make it more cost-efficient and profit earning.
Therefore, now it is recommended to utilize technology as much as you can. And when technology is providing you with the best options to make your daily business tasks easy then you should avail of these options.
Now let me take you through the top 12 best free accounting software that will surely help you in accounting practices.
1. Moneypex
Designed for medium-sized businesses. If you are looking for a powerful and simplistic software you can rely on Moneypex. Moneypex is a free accounting software providing an extensive range of features, Moneypex is highly easy to use with its simplistic interfere. You can learn to navigate the app the first time you use it. Moneypex allows you to scan unlimited documents and has a swift customer support system. It provides unlimited invoices, tracking expenses, and bills, supplier management,
2. ZipBooks:
It is a brilliant free software for accounting practices that will help you in managing routine business tasks. It is highly recommended for people running small businesses.
What will you get in the ZipBooks package?
The ZipBooks’ package comes with unlimited invoicing, vendors and customers plus unlimited bookkeeping. It further lets you connect and manage one bank account and invoice quality score. In short, it gives you’re a glimpse of overall business health.