Free accouting softwares for small businesses

Learn about free accounting softwares for small businesses! An incredible tool to control and record finantial data!

In general, free accounting softwares for businesses are useful for those who need to manage and control their business financial data. They help to reduce factors such as time consumption. They include timesheets to help manage projects and time spent on them. Also reduces estimation errors, when it comes to managing accounts, expenses, taxes, and more.

In addition, it helps achieve business goals and objectives because of their different uses. Depending on which one you use, you will find more and better. Above all, accounting softwares were created to keep track of financial transactions, invoices and taxes on a day-to-day level.

General functions

Some of them have reminders for pending payments. That work by configuring the software according to the due dates of the invoices. They can record the different payments automatically. Also with them it’s possible to create profiles for regular customers.

They have features to track and categorize the expenses. That help you know exactly where the money is going and the advantages and disadvantages involved. This type of software reduces the need to store papers and books with the financial data of the business and can be a good tool to expand the business.

Last but not least, it also has features to connect the business bank account, configuring it to follow specific criteria and rules and then easily match the imported bank transactions automatically. Also ome of them include inventory management, a certain key to ensure better customer service by having enough stock.

It is possible to turn it into an online storage, by adding images, codes and tracking the movement of items. It is also possible to add the price of the items. In this part it is very important to know the pricing formula for businesses! Perhaps best of all, they check in on the growth of the business periodically, to see the progress and how the organization has been working by analyzing growth patterns.

We have already learned a bit about these accounting softwares, now let’s take a look at the best free accounting softwares for small business and their special features!

Wave accouting

Wave accouting is an accounting program completely free of cost with two main functions: accounting and invoicing. With the acouting function it is possible to track income and expenses. It has features such as profit loss, and lists of payables and receivables. On the dashboard it has features such as sales, purchasing, accounting, banking, payroll and reporting.

With the invoicing function, it is possible to create and send professional invoices. In addition, with invoicing it is possible to get paid via credit card and add senders. Also with this software it is possible to view and access all reports to check expenses, taxes, payments, invoices, income and much more. But with wave it is not possible to track time.

 Wave accouting ensures that all the information is secure.

Zipbooks

Zipbooks is an online accounting software that has a free type account, but also has a paid package with different features included. It has an accounting feature that includes accounting access, bank connection, bank reconciliation, chart of accounts and project accounting.

Its billing functions include time tracking, budgets, invoices, customer reminder management and budget tracking. Finally, its expenses feature allows you to manage your business expenses, save receipts, divide them into categories and much more.

Akaunting

Akaunting is an accounting software that has two main plans, one is totally free that allows one user and one account. The other is a premium plan that has many more features and is priced at $36 per month.

It has features such as invoices, expenses and accounting. With the accounting feature it is possible to create your own financials and cash flow. The premium plan includes the function to manage multiple businesses from one admin panel.

It has features such as invoices, expenses and accounting. With the accounting feature its possible to create your own finances and cash flow. The premium plan includes the feature of manage multiple companies from one admin panel. It also has sales, bank purchases and reporting functions.

It has a customer portal where you can share transactions and invoices with customers and accept payments online. In addition, it has a feature called “recur everything” where you can register invoices, payments and recurring customers.