Customizing InvoicesĬustomizing invoices allows you to change the fonts, colors and fields, as well as add logos. None of those are deal-breakers, but they should be taken into account, especially if you frequently offer terms to customers. Xero’s invoices don’t include terms, such as Net 30, or discount options, Sage’s terms have to be put in manually and there’s no place to add notes to customers on Wave’s invoices. Not all standard invoices in the major accounting programs have those. Picking the right one for you will help your business stay profitable.Ī good invoice has fields such as payment terms, a due date, the quantity of an item or hours billed, discounts or taxes and a place to leave notes for the customer. A program that tracks invoices helps you stay on top of past due receivables and collect on monies owed. Sending invoices through email, with a link to pay, saves you mailing costs. One of the primary purposes of accounting software is invoicing customers. We want to make the process of picking it as easy as it is to use cloud-based accounting software. We’ve broken out the most common features users look for in accounting software, and chosen the best program for each feature to help you make an informed decision.Īfter deciding on your priorities, you can choose the best the best accounting software option from our list. A feature needed by one company might never be touched by another. If your business carries a lot of inventory, though, integrated tracking and management is a big plus. That will depend on your industry and how you want to use the program.Ī service or project-based business needs to pass expenses on to clients and charge hourly rates for projects. Once you’ve decided that it’s the right choice for your business, you’ll still have to find the best accounting software to meet your needs. We cover those and other reasons to do your books in the cloud in the linked article. It can save money - doing the books yourself means that you don’t have to pay a bookkeeper or accountant - and keeps your information up-to-date and accessible on the go. Last Updated: 24 May'23 T20:14:20+00:00Ĭloud-based accounting software allows small businesses and non-accountants to manage their own books easily.
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