Accounting. Thankfully, you have several software options to help track all of your business transactions. QuickBooks is widely recognized and enjoys tremendous support among bookkeepers, EAs, and CPAs throughout the U.S. You can use desktop software or their online offering for capturing and tracking all of your business activity. You can even process your company’s payroll. Another option for many small businesses is cloud accounting. Xero, Cheqbook, Kashoo, and Freshbooks, to name a few, are beginning to make inroads in the accounting market.
These online platforms have limitations, however. Though they can create invoices and make general ledger postings, all while relying on a good internet connection, they are not great for advanced inventory control and detailed fixed asset accounting. At least, not yet. Cloud accounting is still in its infancy, but we should see significant improvements in cloud accounting soon. Whichever accounting system you are using or wish to implement, give us a call if you need assistance. We can provide guidance and help you select the best option for your situation. 770-503-4850