Tuesday, 2 February 2021

5 Best QuickBooks Alternatives in 2021 (Free & Paid)

 

The best QuickBooks alternative has all the necessary bookkeeping features small businesses need but is often easier to use and comes at a lower cost. Whether you’ve become frustrated with your current QuickBooks subscription or you’re looking for accounting software for your new business, there are plenty of software for you to consider, including some free QuickBooks alternatives.


Best QuickBooks Alternatives

  • Xero: Best overall QuickBooks alternative for small business accounting software

  • FreshBooks: Best alternative for invoicing and ecommerce software

  • Zoho Books: Best alternative for freelancer accounting software

  • Sage 50Cloud: Best alternative for multi-company accounting software including consolidations

  • Quicken: Best alternative for individuals with rental property

Finally, we considered industry-specific software for industries where QuickBooks lacks certain features that will help with the accounting and overall management of companies.


Xero: Best Overall QuickBooks Alternative

Xero is included in our list of best small business accounting software and has similar features to QuickBooks at a lower price with unlimited users, making it our best overall alternative to QuickBooks. If your primary complaint about QuickBooks is the price or the limited number of users, then Xero is likely your best choice for an alternative software. You can try Xero free for 30 days with no credit card required.

FreshBooks: Best QuickBooks Alternative for Invoicing and Ecommerce

FreshBooks is a complete bookkeeping system that emphasizes great-looking invoices. Like QuickBooks, FreshBooks allows you to track hours and expenses and automatically add them to invoices. For a complete comparison with QuickBooks, read FreshBooks vs Quickbooks. FreshBooks is good for ecommerce businesses with integrations for Squarespace, Shopify, eBay, BigCommerce, and WooCommerce. New subscribers have the choice between a 30-day free trial and 50% off for three months.

Zoho Books: Best QuickBooks Alternative for Freelancers

As your business grows, Zoho Books grows with you via integration with Zoho’s other apps, providing a complete solution to your unique needs along your path to success. Ideal for freelancers, Zoho Books starts at just $9 per month after a two-week free trial. Read Zoho Books vs QuickBooks Comparison.

Sage 50Cloud: Best QuickBooks Alternative for Multicompany Accounting

Sage 50Cloud is great compared to QuickBooks Online if you need to keep the books for multiple companies. While a single QuickBooks Desktop license can be used for multiple companies, QuickBooks Online requires separate subscriptions, which can become very expensive. Not only can Sage 50Cloud account for multiple companies, but it can consolidate the companies into a single entity and prepare consolidated financial statements. You can evaluate Sage 50Cloud by clicking “Take a test drive” from its website, which will allow you to access a hosted version of 50Cloud with sample data.

Quicken: Best QuickBooks Alternative for Individuals With Rental Property

Individuals owning rental property might be better served with Quicken compared to QuickBooks, a full-fledged bookkeeping software. Unlike double-entry bookkeeping software, Quicken keeps things simple by focusing on only your income and expenses instead of tracking assets and liabilities. Quicken can also be used to track your personal finances, including your retirement accounts, which provide a lot of value beyond simply accounting for rental income. You’ll need the Home & Business edition to manage your rental property, which costs $103.99 per year.

If you are currently working with the anyone of software from the above and looking for the QuickBooks migration services, then you do it now because of the time business need to more function and space and these all are not handled these all.

Bottom Line

QuickBooks dominates the market for small business accounting, but it is not always the best answer, and there are many alternatives to QuickBooks to consider. Depending on your budget, features desired, and industry, you might find an alternative software will meet your needs better.


Friday, 29 January 2021

Next Level of financial success : Business Cash Flow

 Business Cash Flow is certainly the lifeblood of your growing business even your business small or large size enterprice. In fact, it's what keeps you in business. To be a hit in business, you want to be ready to keep your finger on the heart beat of this lifeblood – it are often the difference between growing stronger in your niche or faltering and falling by the wayside. income must be monitored and forecasted at the initial beginning of the business or during the start-up phase, when the business sees a rise of sales, and when the economy is during a downturn. Simply put, cash flow management analysis are often a beneficial instrument for measuring your business’ activity.


Identifying Potential Land Mines

You can easily identify potential financial land mines which will set your business back by developing a income spreadsheet. There are computerized spreadsheet programs that you simply can use to make a income analysis, otherwise you can build your own employing a basic program like Excel. There also are templates which will be used for your income analysis that you simply simply populate with the proper figures. The income analysis tool that you simply prefer to use should be utilized then monitored regularly. Most business owners report doing a weekly analysis of their business’ income , but you'll choose a special schedule if you would like , like bi-weekly or monthly. The important thing is to be consistent and regular. As a business owner, you ought to fill out this analysis yourself, or you can hire an quickbooks accountant.

How to Prepare a Cash Flow Analysis


The formula for cash analysis is: beginning balance for the amount + income = ending balance. The ending balance will allow you to spot when and for a way much your income are going to be deficient, if at all. Identifying cash shortages and once they will occur will allow you to combat the matter and take steps to usher in additional cash to the business while halting the outflow of money wherever possible. If you discover that your business may experience a cash shortage when doing all of your income analysis, you'll take steps like posing for interim payments or deposits from clients, utilizing the utilization of a retainer if your business model involves it, and invoicing customers directly when a service is rendered or a sale is formed. Business Cash flow analysis is a valuable tool for all business owners and its nessasary for the all the business.


Read More: https://www.myaccountsconsultant.com/business-cash-flow-analysis-the-blood-of-business-success/

Business Cash Flow management is next level of business success

Business Cash Flow is certainly the lifeblood of your growing business even your business small or large size enterprice. In fact, it's what keeps you in business. To be a hit in business, you want to be ready to keep your finger on the heart beat of this lifeblood – it are often the difference between growing stronger in your niche or faltering and falling by the wayside. income must be monitored and forecasted at the initial beginning of the business or during the start-up phase, when the business sees a rise of sales, and when the economy is during a downturn. Simply put, cash flow management analysis are often a beneficial instrument for measuring your business’ activity.



How to Prepare a Cash Flow Analysis

To begin preparing your cash flow analysis, start your spreadsheet by adding the cash-on-hand at the period’s beginning with the cash that's anticipated to be received from other sources. this may be a projected total of income, including receipt of assets and cash sales. 


Read More: https://www.myaccountsconsultant.com/business-cash-flow-analysis-the-blood-of-business-success/

The Blood of Business Success with Business Cash Flow

 


Business Cash Flow is certainly the lifeblood of your growing business even your business small or large size enterprice. In fact, it's what keeps you in business. To be a hit in business, you want to be ready to keep your finger on the heart beat of this lifeblood – it are often the difference between growing stronger in your niche or faltering and falling by the wayside. income must be monitored and forecasted at the initial beginning of the business or during the start-up phase, when the business sees a rise of sales, and when the economy is during a downturn. Simply put, cash flow management analysis are often a beneficial instrument for measuring your business’ activity.

Identifying Potential Land Mines

You can easily identify potential financial land mines which will set your business back by developing a income spreadsheet. There are computerized spreadsheet programs that you simply can use to make a income analysis, otherwise you can build your own employing a basic program like Excel. There also are templates which will be used for your income analysis that you simply simply populate with the proper figures. The income analysis tool that you simply prefer to use should be utilized then monitored regularly. Most business owners report doing a weekly analysis of their business’ income , but you'll choose a special schedule if you would like , like bi-weekly or monthly. The important thing is to be consistent and regular. As a business owner, you ought to fill out this analysis yourself, or you can hire an quickbooks accountant.

How to Prepare a Cash Flow Analysis

To begin preparing your cash flow analysis, start your spreadsheet by adding the cash-on-hand at the period’s beginning with the cash that's anticipated to be received from other sources. this may be a projected total of income, including receipt of assets and cash sales. 

The next a part of the business cash flow analysis consists of money outlays, including expenses and other anticipated cash which will be spent by the business. Each significant cash outlay should have its own individual line on your spreadsheet. This includes lines for rent, inventory purchased, wages, salaries, taxes withheld or accounts payable, equipment purchased, benefits paid, sales, office supplies, advertising, equipment maintenance, fuel, cash dividends, debt payments, and so on. 


The formula for cash analysis is: beginning balance for the amount + income = ending balance. The ending balance will allow you to spot when and for a way much your income are going to be deficient, if at all. Identifying cash shortages and once they will occur will allow you to combat the matter and take steps to usher in additional cash to the business while halting the outflow of money wherever possible. If you discover that your business may experience a cash shortage when doing all of your income analysis, you'll take steps like posing for interim payments or deposits from clients, utilizing the utilization of a retainer if your business model involves it, and invoicing customers directly when a service is rendered or a sale is formed. Business Cash flow analysis is a valuable tool for all business owners and its nessasary for the all the business.


Contact us here for the Business cash flow management.

online travel agency: The Next level accounting solution


23

Mar

Are you planning to start a travel agency? If so, you should be ready to meet all important aspects of running an agency successfully. Right from finding the perfect location to getting legal permission and approaching partners, there are some crucial steps to take. Travel agencies make travelling much easier for customers by eliminating all the hassles attached to purchasing tickets, picking affordable packages etc. In recent times, people have using online platforms to search for travel related information and buy tickets and packages.


This had given a jolt to offline travel agents and their businesses had slowed down. But, digital travel sales have increase. In the United States, digital travel sales have increased to $180 billion, which is expected to exceed 213 billion by 2020. The travel market is flooded with online travel agencies, including Expedia and Priceline group, which have shown that the future of online travel agencies is bright. But there is still wide scope for conventional travel agents who earn their commission by working in the field.


The survey found that in 2015, majority of travel agents, around 60 per cent of all agents, had reported growth in sales. Whether you are setting up an online travel agency or a conventional offline agency, you need to follow some basics. Remember that your new agency has many new and established similar businesses as competitors. You should also take note that people generally prefer older agencies. So, it would be a tough job for your agency to get notice in the market. These basics will help your new agency run its business successfully.

Take The Next Step

When you start a travel agency or travel agent, you need to keep accurate accounting & financial records for your business with bookkeeping for Travel Agency. These all records help you keep track of your travel agency's performance and are necessary for preparing your tax preparation & return. The most important bookkeeping procedures for a travel agency are the cash flow statement, Accounts Payables & Receivables the general ledger and the income statement.


Work on enhancing travelling and tourism experience by improving every stage of Travel Agency. Be target oriented and focus on digital and comfort-savvy clients. For Bookkeeping of your travel agency, We care our customers like no other. With the help of QuickBooks Bookkeeping Services you can manage all your business operations effectively and smoothly.

Types of Travel Agencies

Travel Agencies aren't required to obtain licensing or certification, though recognize organizations accredit and certify members. Travelers can confirm the travel agency's accreditation by looking for the accrediting body's logo on the Travel Agency's website or brochure. Asta accreditation: ASTA accreditation assures clients that the agency operates under ASTA's code of ethics and will communicate with clients about unexpected changes to travel plans. Iata accreditation: IATA accreditation provides Agencies with Sales Agency Agreements and TIDS numbers that authorize sales of international and domestic airline tickets. Unaccredited Agencies: If considering unaccredited Travel Agency, take into account that their lack of accreditation could mean they are inexperienced or have had service problems that cause loss of accreditation.

Whats a travel agent?

High street travel agents have been around for a long time. Up until only a few years ago, high street travel agents were the most popular and most common types of travel agents. High street travel agents are typically found in major shopping areas, such as local high streets or in shopping malls. High street travel agents typically have area where holiday brochures are displayed and desks for consumers to sit at and talk than travel agent. Travel agent staff are generally very knowledgeable about products and services they are selling and offer high standards of customer service. Many people continue to prefer house high street travel agents because they enjoy face - to - face interaction. However, fewer and fewer people have been using travel agents in recent years. This has led to the closure of many high - street travel agents.

Top Business Travel Management Companies

1. Expedia

2. Booking.com

3. American Express Global Business Travel

4. BCD Travel

5. CWT – Business Travel Management Company

CWT – Business Travel Management Company


The relationship between companies and travelers is changing and we understand our travelers are your employees. CWT helps organizations deliver a travel program that engages employees.
Website: www.mycwt.com


Read More: https://www.myaccountsconsultant.com/how-to-start-and-grow-your-online-travel-agency/


How online travel agency help you in grow your traveling business ?


The survey found that in 2015, majority of travel agents, around 60 per cent of all agents, had reported growth in sales. Whether you are setting up an online travel agency or a conventional offline agency, you need to follow some basics. Remember that your new agency has many new and established similar businesses as competitors. You should also take note that people generally prefer older agencies. So, it would be a tough job for your agency to get notice in the market. These basics will help your new agency run its business successfully.

Take The Next Step

Work on enhancing travelling and tourism experience by improving every stage of Travel Agency. Be target oriented and focus on digital and comfort-savvy clients. For Bookkeeping of your travel agency, We care our customers like no other. With the help of QuickBooks Bookkeeping Services you can manage all your business operations effectively and smoothly.


Whats a travel agent?

High street travel agents have been around for a long time. Up until only a few years ago, high street travel agents were the most popular and most common types of travel agents. High street travel agents are typically found in major shopping areas, such as local high streets or in shopping malls. High street travel agents typically have area where holiday brochures are displayed and desks for consumers to sit at and talk than travel agent. Travel agent staff are generally very knowledgeable about products and services they are selling and offer high standards of customer service. Many people continue to prefer house high street travel agents because they enjoy face - to - face interaction. However, fewer and fewer people have been using travel agents in recent years. This has led to the closure of many high - street travel agents.

Top Business Travel Management Companies

1. Expedia

Your one-stop travel site for your dream vacation. Bundle your stay with a car rental or flight and you can save more. Search our flexible options to match your needs.

Website: www.expedia.com


2. Booking.com

Big savings on hotels in 120,000 destinations worldwide. Browse hotel reviews and find the guaranteed best price on hotels for all budgets.

Website: www.booking.com


3. American Express Global Business Travel

AMEX Travel provides end-to-end corporate travel management services, meetings and booking solutions. We provide business travelers with managed programs.

Website: www.amexglobalbusinesstravel.com


4. BCD Travel

We simplify the conversation around managed business travel, showing you how to combine capabilities and services to deliver or improve on your program goals.

Website: www.bcdtravel.com


5. CWT – Business Travel Management Company

The relationship between companies and travelers is changing and we understand our travelers are your employees. CWT helps organizations deliver a travel program that engages employees.
Website: www.mycwt.com

Grow your Traveling business with online travel agency

 

Are you planning to start a travel agency? If so, you should be ready to meet all important aspects of running an agency successfully. Right from finding the perfect location to getting legal permission and approaching partners, there are some crucial steps to take. Travel agencies make travelling much easier for customers by eliminating all the hassles attached to purchasing tickets, picking affordable packages etc. In recent times, people have using online platforms to search for travel related information and buy tickets and packages.


This had given a jolt to offline travel agents and their businesses had slowed down. But, digital travel sales have increase. In the United States, digital travel sales have increased to $180 billion, which is expected to exceed 213 billion by 2020. The travel market is flooded with online travel agencies, including Expedia and Priceline group, which have shown that the future of online travel agencies is bright. But there is still wide scope for conventional travel agents who earn their commission by working in the field.


The survey found that in 2015, majority of travel agents, around 60 per cent of all agents, had reported growth in sales. Whether you are setting up an online travel agency or a conventional offline agency, you need to follow some basics. Remember that your new agency has many new and established similar businesses as competitors. You should also take note that people generally prefer older agencies. So, it would be a tough job for your agency to get notice in the market. These basics will help your new agency run its business successfully.

Take The Next Step

When you start a travel agency or travel agent, you need to keep accurate accounting & financial records for your business with bookkeeping for Travel Agency. These all records help you keep track of your travel agency's performance and are necessary for preparing your tax preparation & return. The most important bookkeeping procedures for a travel agency are the cash flow statement, Accounts Payables & Receivables the general ledger and the income statement.


Work on enhancing travelling and tourism experience by improving every stage of Travel Agency. Be target oriented and focus on digital and comfort-savvy clients. For Bookkeeping of your travel agency, We care our customers like no other. With the help of QuickBooks Bookkeeping Services you can manage all your business operations effectively and smoothly.

Types of Travel Agencies

Travel Agencies aren't required to obtain licensing or certification, though recognize organizations accredit and certify members. Travelers can confirm the travel agency's accreditation by looking for the accrediting body's logo on the Travel Agency's website or brochure. Asta accreditation: ASTA accreditation assures clients that the agency operates under ASTA's code of ethics and will communicate with clients about unexpected changes to travel plans. Iata accreditation: IATA accreditation provides Agencies with Sales Agency Agreements and TIDS numbers that authorize sales of international and domestic airline tickets. Unaccredited Agencies: If considering unaccredited Travel Agency, take into account that their lack of accreditation could mean they are inexperienced or have had service problems that cause loss of accreditation.

Whats a travel agent?

High street travel agents have been around for a long time. Up until only a few years ago, high street travel agents were the most popular and most common types of travel agents. High street travel agents are typically found in major shopping areas, such as local high streets or in shopping malls. High street travel agents typically have area where holiday brochures are displayed and desks for consumers to sit at and talk than travel agent. Travel agent staff are generally very knowledgeable about products and services they are selling and offer high standards of customer service. Many people continue to prefer house high street travel agents because they enjoy face - to - face interaction. However, fewer and fewer people have been using travel agents in recent years. This has led to the closure of many high - street travel agents.

Top Business Travel Management Companies

1. Expedia


Your one-stop travel site for your dream vacation. Bundle your stay with a car rental or flight and you can save more. Search our flexible options to match your needs.

Website: www.expedia.com


2. Booking.com



Big savings on hotels in 120,000 destinations worldwide. Browse hotel reviews and find the guaranteed best price on hotels for all budgets.

Website: www.booking.com


3. American Express Global Business Travel



AMEX Travel provides end-to-end corporate travel management services, meetings and booking solutions. We provide business travelers with managed programs.

Website: www.amexglobalbusinesstravel.com


4. BCD Travel


We simplify the conversation around managed business travel, showing you how to combine capabilities and services to deliver or improve on your program goals.

Website: www.bcdtravel.com


5. CWT – Business Travel Management Company



The relationship between companies and travelers is changing and we understand our travelers are your employees. CWT helps organizations deliver a travel program that engages employees.
Website: www.mycwt.com


Get Travel Agency Bookkeeping Consultation:


Professional Accountant help in managing your books of accounts. lets you focus on delivering best-in-class travel bookkeeping Services to your clients. we look forward to designing custom accounting solutions for travel agency to help you make the most out of your business.


Contact us here for the Bookkeeping services for Traveling agency.