Cloud-based online accounting services work in any modern browser. Compared with local services, when all operations take place on your computer, cloud solutions store, and process data on a server on the Internet, they also often called cloud-based services.
Online accounting services are widely used by private entrepreneurs, small and medium-sized businesses, as they save time and money because now you do not need to hire an accountant and pay him a salary.
We prepare an overview of some of the most popular worldwide online accounting services among small and medium-sized businesses.
Intuit QuickBooks Online
QuickBooks Online is an accounting software developed and marketed by USA company Intuit. QuickBooks Online intended mainly for small and medium-sized businesses, and offers cloud-based accounting that accepts business payments, manages and pays bills, and payroll functions. Versions of this product are available in many different markets, besides the USA. Intuit's chapters in Canada, Great Britain, and Australia offer QuickBooks' localizations that support each region's unique tax calculation needs.
Xero, developed by New Zealand company, offers a cloud-based accounting software platform for small and medium-sized businesses. At its core, Xero is an easy-to-use but powerful online accounting system that was born in the cloud. Xero releases new features monthly. Additions and extensions to functionality are developed in response to the needs of new customers and new industries.
Zoho Corporation is an Indian software development company. Zoho Books is online accounting software that manages finances, automates business workflows, and helps to work collectively across departments. Zoho also has other software for business: CRM, help desk, project manager, etc., and integration of with them can extend the functionality of accounting.
Sage 50cloud Accounting
The Sage Group plc, commonly known as Sage, is a British multinational enterprise software company. Sage 50cloud Accounting has empowered entrepreneurs and small businesses to operate more efficiently. More than 3 million people worldwide use it. The software provides easy to use processes for managing key business areas like time and money.
FreshBooks started in Toronto, Canada becomes a popular accounting solution for small businesses. Service claimes that it has more than 24 million people used FreshBooks to send, receive, print, and pay invoices and paying customers in over 160 countries. FreshBooks also has integrations with lots of business software.
Kashoo is a modern, cloud accounting software solution that was built for small businesses. Developed by the team, based in Vancouver, Canada, have subscribers in over 180 countries. The software strives to give small business owners the financial tools they need to succeed. Kashoo focused exclusively on simplifying accounting for small business owners.
Wave developed by Canadian based team. Sevice provides accounting, invoicing, and receipt tracking software to better understand business finances, for free.
Akaunting is an Open Source and free accounting software that allows you to track income and expenses. As an Open Source project it has thousands of contributors from all over the world and available in 43 languages.
Developed by the team from Utah, USA, ZipBooks provides a simple way to track transactions and determine how much your business is making. The software use data-driven intelligence to automate, predict, and advise in entrepreneurs job.
SlickPie is a simple expense management software for small businesses with Canadian origins. One of the core components of this online accounting software is MagicBot. MagicBot is the tool for automated receipt data entry so that you can save plenty of time on the data entry.
OneUp is a startup based in San Francisco, USA with clients in over 50 countries. The software includes accounting, invoicing, inventory, and CRM. OneUp syncs with the bank retrieve transactions and automate 95% of the accounting routine by learning your behavior and give suggestions to validate.