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Searching for the best accounting tool for small businesses can seem challenging when you don’t really know much about it. Every small business owner goes through the DIY phase, but sooner or later, they all realize they need professional help. That’s why today we’ll compare some of the best accounting software out there. Quicken vs. QuickBooks vs. LessAccounting, let’s find out together which one is the ideal solution for your business.
As a responsible small business owner, you should strive always to make well-informed decisions that will be in favor of your business. Once you reach the point when expense tracking, cash flow, and payroll management start giving you a mild headache, it is time to search for the best accounting tool that will do it all for you ten times more efficiently.
A lot of big problems for a small business could arise from the smallest mistakes, which is why you shouldn’t take risks. But how to pick the right accounting tool? How to make such an important decision about something you’re not an expert at? Easily, because we did all the hard work and decided to summarize it all for you. Here’s everything you should know about the leading platforms in the accounting industry.
The name says it all, doesn’t it? LessAccounting has been helping small business owners do less accounting since 2011, providing professional services and top-notch accounting solutions that suit the needs of every business.
From invoices and reports to balance sheets – it can all be ready in just a few clicks thanks to their user-friendly dashboard and straightforward solutions with lots of templates. Many companies rely on LessAccounting to deal with their day-to-day accounting tasks, and thanks to their cloud-based accounting, you can easily use it on your mobile phone as well.
Currently, LessAccounting offers three different pricing plans to its clients:
All plans come with a 30-day free software trial.
As a small business owner, you simply can’t go wrong with LessAccounting. Their software is tailored to the needs of small businesses. Even complete newbies in the world of accounting will manage to master LessAccounting thanks to its intuitive design, user-friendly interface, and great customer support team. Since each plan comes with a free trial, it costs nothing to give it a chance and see for yourself what makes it so good.
Quicken is a software solution developed by Quicken Inc, primarily for personal finance management, but it is widely used by small businesses and freelancers due to its straightforwardness and quite a few useful features.
Quicken allows you to manage your personal expenses as well as business ones, all in one tool, which can be very convenient because you can keep track of both easily through the same software. From custom invoices to tax prep, Quicken has much to offer, so let’s explore its features more in-depth.
A risk-free 30 days trial is available for all plans.
Quicken can be a good solution for a small business with simple financial needs, such as tracking income and expenses, creating invoices, and managing basic accounting tasks. However, Quicken is primarily designed for personal finance management, and therefore it might not be sufficient for more complex business needs, such as payroll processing, inventory management, or project tracking.
Quickbook is a powerful accounting software with a good reputation, a proven track record, and a large user base. Since it has been around since 1983, QuickBooks is a pioneer in this field, but one that’s still going strong and trying to keep up with all the innovations, which is why it’s not available in two versions, QuickBooks Online and QuickBooks Desktop.
Every feature is designed with the needs of small and mid-sized businesses in mind, so let’s see if QuickBooks still has what it takes and how it stands in comparison to our other two competitors.
A 30-day trial period is available.
Although, generally speaking, QuickBooks can be a good solution for anyone, high prices make QuickBooks automatically unavailable for many small business owners, especially when you keep in mind the fact that QuickBooks Payroll is a feature that’s not included in any plan and comes at an additional cost. A free trial is a great way to test the tool, but if you can’t afford to continue using it, it’s not a wise decision to waste your time on it.
They all have their pros and cons, but at the end of the day, you want only the best for your business. Therefore, it is important to consider the needs of your business and carefully evaluate the features and pricing of different software options to be able to make a well-informed decision. If you want to know our verdict, our vote goes to LessAccounting, for being a true champ in its field and a reliable tool that won’t let you or your business down.