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5 Best Cloud-Based Accounting Software

   Nitish      April 5th, 2021

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It became much easier and faster now to discover the best accounting software than in earlier days. Through a sharp comparison between features, reviews, ratings, specifications we have come up with leading online accounting software that would definitely suit your business requirements. 

Most organizations invest a minimum of 15 hours of time in each month on invoicing, balancing, and accounting taks. Furthermore, we all know human beings are not error-free and accounting is a daunting job that prone to error manually. Consecutive errors in accounting might hurt your business operation in several ways. However, with the help of the best online accounting software, one can automate their organizational financial operations that involve less error and time-effective. 

Now, in this writing post, we will talk about some top-notch accounting software in the market that runs on could-based technology. So without thinking anymore! Let’s get started. 

Oracle NetSuite ERP

World’s number 1 cloud ERP, Oracle NetSuite ERP offering users a single merged platform in the cloud-based technology. It helps a company to streamline each important back-office process including eCommerce, accounting, and CRM. This software has pre-installed reporting, a real-time visibility tool along a business intelligence program for workflow management. 

Features & Specifications

• Audit Trail
• Barcode Integration
• Event Management
• API
• Mobile Support
• Customization 
• Expense Tracking

Zoho Books

Zoho Books is the simplest, user-friendly best accounting software for businesses to support and manage your online business account. In the beginning, you can go for 14 days Zoho books free trial pack. This is one of the smartest accounting applications for small firms to adjust their financial records and retain their cash flow.  Zoho Books has several pre-integrated tools like Zoho CRM, Zoho Expense, and Zoho Subscriptions to eliminate any sort of duplicate data entry. 

Features & Specifications 

• Inventory Management
• Mobile App
• Multi-Currency
• Online document back-up (storage)
• Banking Integration
• Emai Integration

QuickBooks

One of the most easy-to-use and best online accounting software for business developers, QuickBooks helps a business owner to take the right accounting decisions. At any time anywhere you can operate your business finance through this software. This user-friendly software has complete data security and comes with exciting features like WhatsApp integration and online bank connection. All these features support business owners to build up and improve their business operations. 

Features & Specifications

• Document Management
• Database or Restore Management
• API
• Invoice
• Budgeting
• Multi-User login and Designation based accessibility 

Xero

Xero is one of the best accounting software runs on cloud-based technology that can offer you all required accounting solutions. This software emphatically uses in small business development and account management.  You can get an attractive design and user-friendly online tools in this bookkeeping software including inventory tracker, cash flow management, ratio analysis, ledger, P&L, and bank reconciliation. If you have a small business and want to spread your business stream then customer dealing is an important part indeed. Xero helps you to develop a reliable relationship with all your customers through online collaboration. 

Features & Specifications

• Purchase and Supply Order Management
• Product Database
• Mobile Support
• Taxation Management
• HR & Payroll
• Bonus, Advances, and Bonus Management

Bean Cruncher

One of the most impressive cloud-based and best accounting software Bean Cruncher has included a couple of in-built tools. These tools are accounting payable & receivable tools, banking, cloud invoicing, general ledger, taxes, consolidated reporting, and job tracking tools.  You can get a free demo version to try this software for the first time.   

Features & Specifications

• Inventory Management
• Banking Integration
• Mobile App
• Purchase and Supplier Order Management
• Taxation Management
• Invoice

In the above, we have mentioned the best online accounting software of this 2021 century so far. All these software are widely famous for providing accounting services to all ranges of businesses and SMEs. Apart from these, you can also get cloud-based online accounting solutions from software like KashFlow, Sage Accounting, and Freshbooks.