10 Best Business Bookkeeping Software for 2020
                     
10 Best Bookkeeping Software 
That  Accelerate Your Business 
in 2020
Entrepreneurs are do-it-all-yourself kind of people at 
the beginning.  This has led to the death of numerous 
amazing ideas as they run out  of cash or eat away 
into their capital while thinking that it is profit.
However, 2019 has ranked accounting as the most 
crucial area for  automation in business, ahead of 
marketing, sales, and customer  care. Business 
Bookkeeping Software, therefore, helps you to blend  
your do-it-all-yourself character with the need for 
automation to  create efficiency.
Accounting software helps you to capture crucial data 
at different  points of sale, analyze it, and generate 
reports that will aid in decision  making. Even the 
youngest business that started operations today will  
require software to maintain accurate and 
comprehensive records of  financial transactions. The 
records are crucial for regulatory purposes  and to aid 
during taxation, among other instances.
Does Bookkeeping Really 
HMeanay denatrecprheneeu?rs will claim not to be math-person. The 
requirement to sit  for 30 minutes at the end of a tiring day 
to balance your accounts makes the  situation worse. The 
scenario explains why a lot of businesses will operate for  
months without balance sheets or necessary statements.
The complexity of your operations will also make it difficult to 
monitor  performance on different fronts. You may be dealing 
with multiple suppliers,  selling different types of goods, 
offering a variety of services, and combining  all the monies in 
a single business account. The mixture of business  
operations leaves your accounts in shambles. It becomes 
expensive to hire an  in-house accountant to handle your 
books while your operations are still young.
The solution is to embrace automated accounting solutions. 
The solutions  involve the installation of bookkeeping 
software to facilitate the capturing of  information and 
generation of necessary accounting information. Some of the 
 applications are available on the cloud, enabling you to 
enter and access data  about your business operations 
anywhere and at any time.
Role of Bookkeeping in 
Business
Failure to record your financial transactions is the first step towards 
failure in a  business. It is the reason why Virtual Bookkeeping 
Services is so important for  your business to monitor financial 
performance as well as comply with  regulatory requirements. Here 
are the reasons why you need proper and  comprehensive 
bookkeeping for your business.
1. Improve your financial management
2. Meet regulatory requirements
3. Ease Taxation
4. Prudent decision making for your 
business
5.Provide a clear pictureof your
financial  health
Bookkeeping plays an irreplaceable role in the growth, health, and  
relationships of a business. It must achieve the highest level of 
accuracy.  You also need comprehensive records to maintain the tract 
of  performance from all angles. QuickBooks Bookkeeping Services 
helps you  to automate accounting and record-keeping to enhance 
the operations of  your business. Here is the best accounting 
software in 2020.
1. 
QuickBooks
It is one of the most comprehensive accounting software 
you will  find in the market. It works on Windows, Mac, and 
other  computerized devices. It is now available on the 
cloud to enhance  virtual accounting. It allows you to 
choose features so that you can  accommodate your start-
up or complex business model. It comes  with numerous 
tutorials and videos as support. It is a subscription  service 
that allows you to scale up or down with a budget of as 
low  as $5 per month. If you are looking for 
Quickbooks Bookkeeping  Services 
near you, our Quickbooks expert can help you.
2. 
Wave
Wave is free yet offers some of the features that other 
applications  will charge you for. You have a central place 
to track all your  business and personal finances. Since it is 
free, it does not offer in-  depth features. However, it will 
meet your basic accounting needs  like bookkeeping and 
generation of financial statements.
3. 
Zoho
The software is designed for small businesses that do not 
have to  deal with too many employees, complex inventory, 
and heavy  accounting. Zoho Books is designed for small 
businesses with its  dash-board format, easy to understand 
mode and straightforward  usability. You do not need an 
accounting course to use Zoho Books.
The prices range from $9 to 29$ a month.
4. 
Xero
Xero is futuristic accounting software that will take you to 
the cloud  before using it on desktop. It is preferred for its 
cloud availability  which means that you can do your 
accounting anywhere. You are  also provided with 24/7 
support alongside excellent integration  capability. You can 
tag your entries to track expenditure on specific  projects. 
A starter version costs 9$ with the premium subscription  
going for $180 per month.
5. Sage 
50
Sage 50 wins because of its ability to customize to meet 
your needs.
It is exceptionally sophisticated and will help you to 
generate  comprehensive financial statements. It also 
allows you to attach  details of associates, businesses, 
and partners for easier  management. You will buy a 
subscription that will help you meet  your demands.
6. 
Reckon
Reckon is designed for small businesses with its simplistic  
dashboard and excellent user support. To begin with, you 
can enjoy  30 days trial version to help you make a 
decision. It allows you to  track time, prepare payrolls, 
reconcile with your bank accounts, and  send invoices as 
well as bills, among other functions. It is affordable  and 
scalable to allow you to grow your records as the business  
expands.
7. 
NetSuite
NetSuite pays special attention to the accounting needs of  
businesses. It helps you to achieve accuracy and 
confidence in your  financial reporting through user-friendly 
features. You have  templates for different accounts to 
make your work easier. It  integrates with add-ons to 
provide a comprehensive accounting  solution. It will also 
help you with tax management at the most  affordable 
price.
8. SAP Business 
One
The software is designed to provide a one-stop-shop for 
accounting.  It will streamline your accounting without 
requiring you to possess  advanced skills. The software is 
scalable to accommodate your  growing needs without 
requiring the transfer of information. It is  quick to deploy 
and has integrated artificial intelligence to make  your 
searches easier.
9. 
Everest
Everest automates your accounting processes to achieve 
the  highest level of efficiency. It will also enable you to 
generate  comprehensive and multiple reports that will aid 
in decision making.
With integration capabilities, Everest makes your 
financial  management easier. You enjoy round-the-
clock support for your  operations.
10. Zip 
Books
Zip Books is free and designed specifically for small 
businesses,  contractors, and accountants. It will help you 
with time tracking,  invoicing, and management of virtual 
payments like credit cards and  PayPal. The reports 
generated are easy to use and meet the  industry-best 
practice standards. It comes with smart  recommendations 
and supports to make the decision easier and
beneficial. Despite the software being free, it offers an 
incredibly rich  set of features.
The appropriateness of software will depend on your nature 
of  operations. Some are designed for complex business 
structures  while others will serve small businesses. 
Bookkeeping Software  2020 and others in the market come 
at a price. While the price  should be a consideration, you 
must choose features that will help  you achieve the 
accounting needs of your business. Reviews of  accounting 
software will help you make the best decision for your  
business or personal accounting needs.
If you are looking for a smart automated solution for your  
accounting, then above mentioned bookkeeping software 
can  become useful. And/OR, if you are already using one 
and want your 
 data to move to other then you can take expert help of 
business  data migration.
THANK 
YOU