19 Oct
Accounting software handles all the tasks of your business, including sending price quotes and invoices to your customers, making and receiving payments digitally, and keeping a record of your cash flow. Therefore, cloud-based accounting software is a crucial technology to streamline business. In addition, the growing number of accounting software unburden the manual tasks carried out in the past.
This article will unveil the top 7 best cloud-based accounting software in 2024, based on their features, and pricing.
Table of Contents
What is Cloud-Based Accounting Software?
Cloud-based accounting software centralizes all your business data. You can access your business data anytime from anywhere and stop worrying about losing your data. In addition, a software program is located on a secure server and can use from any computer or mobile device.
The 7 Best Cloud -Based Accounting Software of 2024
FreshBooks
FreshBooks is user-friendly, cloud-based accounting software that includes easy-to-use accounting and bookkeeping features like invoicing, online payment, double-entry accounting, time tracking, expenses & receipts, mileage tracking, and more. Moreover, it is invoicing and accounting software built for any business size, including freelancers, self-employees, businesses with contractors, and businesses with employees.
Price
Freshbook offers 30 days of a free trial. Price plans are as follows:
- Lite: $6/month
- Plus: $12/month
- Premium: $22/month
- Custom pricing
Quickbooks
Quickbooks is cloud-based accounting software made for small and medium-sized businesses that help you manage your books of accounts on the go. It has robust features, including invoicing, blank feed, expenses, capture and organizing receipt, inventory, GST & VAT, reporting, and integrations. In addition, it tracks income and expenses, sends custom invoices and quotes, manages bills and payments, tracks employee time and project portfolio, and manages budgets.
Price
Quickbook offers a free trial for 30 days. Price plans are as follows:
- Self-employed: $15 per month
- Simple start: $25 per month
- Essentials: $50 per month
- Plus: $80 per month
- Advanced: $180 per month
OneUp
OneUp is one of the fastest cloud-based accounting software that makes managing your business easier. Whether you are a small business owner or venture capitalist, OneUp has something for everyone. It provides a suite of tools, including invoicing, document management, and instant quote importing. In addition, it has robust features, including keeping track of your inventories and notifying you when you need to reorder. The CRM tools include sending quotes and turning quotes into invoices or sales orders.
Price
There is a 30-day free trial period. Price plans are as follows:
- Self: $9 per month
- Pro: $19 per month
- Plus: $29 per month
- Team: $69 per month
- Unlimited: $169 per month
Xero
Xero is another powerful cloud-based accounting software that simplifies your small business’s everyday tasks. It has all the features and tools you need to run your business, including Quotes, Sales tax, purchase orders, multi-currency, invoicing, inventory, reporting, files, managing contacts, bank reconciliations, payroll, accepting payment, paying bills, and bank connections.
Price
Xero offers a 30-day free trial. Price plans are as follows:
- Early: $5.50 per month
- Growing: $16 per month
- Established: $31 per month
Kashoo
Kashoo is simple and user-friendly cloud-based accounting software. It provides an automation feature for your small business accounting workflow. Moreover, it tracks your income, expenses, and sales tax.
Price
Kashoo offers a 14-day free trial. Price plans are as follows:
- Trulysmall invoices: $0
- Trulysmall accounting: $20 per month
- Kashoo: $30 per month
Sage 50cloud
Sage 50cloud is a cloud accounting software for small & medium businesses, construction & real estate, accountant & bookkeepers. It offers fundamental features, including Cash flow and invoicing, Payments & Banking, Advanced inventory management, payroll, job costing, sage security shield, and Reporting. Moreover, it also increases user productivity with practical cloud-connected capabilities, including electronic invoicing, online payments, automatic bank reconciliation, and reporting using Microsoft Excel.
Price
Sage offers a 30-day free trial. Price plans are as follows:
- Pro accounting: $33/month
- Premium accounting: $55/month
- Quantum Accounting: $91/month
Invyce
Invyce is cloud base accounting software for small and medium businesses. It automates business operations with online multi-tenant. It helps companies to simplify accounting, invoicing, P&L, bills, employee management, inventory management, bank reconciliation, Track income, and expenses and reporting. It integrates with Xero and QuickBooks, switching from Xero & Quickbooks to invyce.
Price
Pricing starts at $9 per month and goes up to $19 per month. The Pro price is $9, including 150 invoices daily,100 line items, RBAC, Email, SMS, and slack. The Pro plan price is $19 and includes unlimited invoices and line items. RBAC, SMS, Email, and slack.
Conclusion
With the advent of new technological innovations, most organizations are looking for ways to create time efficiencies and increase the productivity of their teams. Cloud-based accounting software provides a platform that allows businesses to stay productive, no matter where or when they are working on a project. One of the top benefits of cloud-based accounting software is that all your organization’s data and information will be easily accessible from any device with internet access.
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