If you have a Schedule C business (sole proprietor), LessAccounting wants to be your one stop bookkeeping shop. The key for LessAccounting is being an integrated solution rather than having to stop by one program for invoicing, another for bookkeeping, and yet another for contact management. Goal: Simplify bookkeeping for micro-businesses (less than 20 employees [...]
Freshbooks was not intended to be an accounting system. Freshbooks still claims to not be an “accounting package” although it allows you to produce a profit and loss statement for your business by entering non-billable expenses as well as billable expenses into the system (in other words, you can track all your expenses, not just [...]
B2Bee is a simple bookkeeping solution aimed at helping professionals with a low transaction volume prepare invoices and track their income and expenses. Both income and expenses can be tracked by client and by project, enabling you to quickly create a nicely detailed invoice for your clients. Goal: Invoicing, income, and expense tracking for professionals [...]
Outright is a simple, straightforward, and free accounting package geared towards Schedule C filers. Outright will keep a cash basis profit and loss and also help you generate what i would call a ‘preliminary’ Schedule C to aid you (or your accountant) in filing your taxes. Goal: Focus on maintaining cash basis income and expense [...]
This summer I will be running a series of posts evaluating several online accounting applications. Many accountants almost reflexively recommend Quickbooks because it is the software that they have the most experience with and feel comfortable with (it also has a huge share of the small business market already). However, there are currently so many [...]
