Best Bookkeeping Applications According To The Bookkeepers
There’s no denying that the bookkeepers will agree globally on one thing when it comes to the cloud accounting software. The two of the best bookkeeping software applications are QuickBooks and Xero. And, within that, you will get a number of arguments regarding which one is better amongst them and why.
We are providing some factors according to a particular survey, from over 600 accountants, bookkeepers, and the business owners, to see what they actually thought.
It totally depends on what the criteria are for the best bookkeeping applications, and we are still left with the same question.
If you are an owner of a small business, then you might want the one that creates the easiest way to get the transactions entered. And, that would be the one with the best bank feeds related area.
According to most of the accountants, it is all about the reports. When it comes to considering which one is the best bookkeeping software application, so it will be reports. We want to be able to customize reports, and to be able to answer to our small business owner clients whenever they want to know, for example, how much profitable their jobs are.
The Best Bookkeeping Software Application for Accountants as Well As Small Business Owners
Now, let’s look at the top three bookkeeping software applications in terms of bank feeds as well as reports.
- Sage One
For the small business owners, they should know that the bank feeds in each of the above three products are probably about equal. They all work really well, while they all have a slightly different layout.
However, when it comes to reporting, then Sage One and Xero have a large set of standard reports, but they are both limited in terms of the ability to customize the reports.
Xero application has added in a very robust module recently that allows you to move the things around your reports and create sections. You are also write formulas for calculation inside those reports.
The problem with reporting in the Xero is that even with all of that smoothness and sophistication, it lacks the ability to provide you some most basic, yet very important information. In other words, the ability to drill into the account’s details, and quickly total them by name, is very obviously missing.
On the other hand, Sage One has no capabilities for customizing the reports. The standard reports that do come with the Sage One software are great. In fact, they’ve included one important report that others have not, “uncleared transactions” and this comes in very handy for accountants and bookkeepers.
When it comes to reporting, QuickBooks is superior in our opinion to each of the other two applications. The main reason is that, as you can see that how much easy is to customize the reports and get the information you required.
For a business owner it is important to be able to get the valuable information easily and quickly. And QuickBooks makes it easy to perform. It is advisable to use QuickBooks if you want to keep your accountant happy.
In order to find out what are the three best bookkeeping software applications according to the bookkeepers are, you just need to understand the criteria or the context by which this is being decided. We just have looked at above in terms of the bank feeds, which are the primary drivers of inputs. And, the reports, which are the ultimate output from these software applications.
But, in the end, only you need to decide what works best for you!