Are you looking out for some accounting software for your business? Are you planning to incorporate some means to facilitate smooth functioning of your payment processing department? Then you are at the right place to gain knowledge about the best accounting software commonly used in Canada. Accounting stands as one of the most significant parts of business operation for years and will continue to remain the same for years to come. Accounting needs to be carried out with full accuracy and precision to manage your business well. So here are few accounting software that will offer you a wide functionality option and also reduce the stress on the human resources of your firm.

1. Sage 50 cloud

Sage 50 cloud software is apt for all medium and small-size business who need accounting software for managing their business. One can efficiently manage their taxes, invoices, data management, e-commerce, budget, inventories, etc. using this software which is compatible with mobile phones making it an easy option for you to choose for your financial management. Another advantage of using this software is that it can combine desktop features with cloud enabling you to store data in the cloud simultaneously while performing other tasks.

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2. Freshbooks

Fresh book software makes it easy for accounting and in turns makes the financial management and planning process more accessible. It helps the users to subscribe and recur the invoices in a trouble-free way. With the help of fresh books, one can make their online payments as well with the help of credit cards, debit cards and other applications such as Google pay and Paypal as well. Fresh books are simple but are a powerful tool with advanced features that increase the work performance quality. It can be well optimized for your mobile phones, and thus you can have it handy anytime and anywhere. Another feature of this software is the ability to track all your payments and bills which can help you to take a summary of all the current and previous payments that you have made.

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3. Free Agent

Free agent software is designed for the small business firm accounting and fledges them with all the essential accounting tools that they may be in need of. Using the intuitive navigation commonly known as the ’overview’ option, one can have the display of all their projects and time slips stored in the software. Another feature of this software that you would love to use it is its categorization functionality which helps you to segregate your expenses based on the different categories. You can also track all your expenses and facilitate payments using this accounting tool.

4. Zoho Books

If you have a small business and are in search of accounting software that can manage your finances and cash flow, then Zoho Books can serve you at its best. They are hassle-free and easy to use and helps the user to make easy business decisions. Apart from this they are safe to use and offers highs security to the data and can help you to keep track of all your expenses on a project. This accounting software provides proper support and facilitates payments and invoice management through the online mode giving the user full control over the financial management errand. It also offers automatic bank feeds and payment notifications which enables the user to never miss out an important message from their client.

5. Quickbooks Online

Quickbooks are one of the most popular accounting software that business people use to simplify their accounting and financial management. It serves as a great tool for business owners, bookkeeper’s, finance officers, etc. and helps in synchronizing the business on to a single dashboard. You can easily track all the profits, losses, invoices, bills, etc. using this software even on your mobile due to its ability to of being compatible with your cell phones. It offers you online access and is a secure tool that you can use for accounting.

6. Xero

Looking for revolutionized accounting? If you are also in search of the same, then Xero accounting software is solely designed for you to make your accounting experience super easy and simple. May it be book accounting or managing your spreadsheets or even your bills, Xero can work out the magic for you with its specific features that you would not like to miss out in any case. Xero software is easy to set up and can efficiently manage your stocks and inventories for you to own all your records and transactions.

7. Wave

For every small business where the workforce is limited up to a finger count of about ten, Wave accounting software can be a boon for all such firms. The easy setup and easy to use the feature of this software makes it the best choice for all financial consultants to carry on with their financial management task. Accounting, invoicing, expense management are a few of the functionalities that one can manage using this software. Another thing that you would love about this software is that it is free of cost and helps you in simplifying your transactions and for generating automated bills & invoices.

8. OnPay

If you are looking out for options to ease your payroll management task, then there could be no other better software than the Onpay accounting software. From small-scale business to medium size business, all can use this software to ease up their payroll solutions. Apart from managing your payrolls, it also helps you in payments and tax filing. The finance managers can keep an account of the streamlined payroll of the company and directly make the salary transfers to their respective account of the employees using the direct deposit option. OnPay offers improved payroll compliance and also provides health insurance benefits which you can acquire by seeking assistance of the insurance brokers.

9. Sage Intacct

Sage Intacct incorporates the cloud storage platform and makes accounting simple and easy for business. Cash management, accounting, billing, etc. are few of the functionalities that you can benefit while choosing Sage Intacct software. This software helps in minimizing the errors and can effectively manage the costs and control margins. It has robust accounting capability and provides a speedy way of processing payments through a secure channel.

10. Tipalti

Another Cloud-based accounting software is the Tipalti management software that can be of great help in managing your business accounts. This helps you by providing automated payment options through a streamlined payment process and makes your payments easier more than one can even think of.

This software is a complete package that helps you to stick with the deadlines and non-compliance with any sorts of errors and late payments.