In this era of technology and innovation, there are several accounting and business management software offerings available. It can be very puzzling for any business owner or manager to choose the ideal package for a particular institution. Almost all the available tools and packages will handle the basic accounting functions effectively, as all of them are designed to perform calculations.
If you have outsourced accounting services to an accounting firm, then an ideal accounting system is provided by them and there is no investment in the software. But if your institution takes care of accounting services, then selecting an QuickBooks Desktop. As earlier discussed, all the software packages meet the basic requirement, the real differences among packages are in the user interfaces, supplementary functions, and included special features.
There is no appropriate way to rate accounting software without narrowing the field in some way. No accounting or business management software is perfect for all institutions.
So, here we present a list of top 10 accounting software which will help you selecting the right one for your firm. Some are a bit expensive than others due additional features and benefits, but you must choose the one appropriate for you.
- IFS ERP
IFS was a pioneer in providing accounting and ERP solutions. The latest component architecture of IFS Applications makes the software easy to run and implement as the business grows. Along with providing user friendly updates its ERP module is top in line. It is available as a server-based or a cloud-based package.
Intacct is a Software-as-a-Service (SaaS) financial management package. As a web-based solution, it is quite feasible and required minimal installation. It also provides user friendly experience, redundancy and Fast-growth companies are using Intacct because it is quickly and easily scalable as a company grows from small to medium size. It can support 2,400 users, 650 entities, and 250,000 daily transactions. Intacct is in fact improving their services with updates and approaching its contenders
Exact Software offers ERP and accounting solutions. This is made mainly towards small and medium-sized companies moving away from traditional accounting systems and into the digital ERP world. It also integrates with Microsoft Dynamics GP and Intuit QuickBooks with seamless performance. It can be expanded by adding functions and additional modules at any time.
4 . TALLY ERP 9 ACOOUNTING SOFTWARE
Tally Solutions was originally developed in India as a small business accounting software. In over two decades since the initial release, Tally has become India’s premier business management software. It is distributed in more than 100 countries thanks to a dedicated partner network.
One of the reason Tally has been so growing with time is the amount of solutions it provides. There are numerous solutions for every kind of services. Some of them are
Tally. ERP 9: It is a powerful and comprehensive business management solution. Installation is easy and customizable; you can install only the features you need then activate additional functions as your needs change or your business grows.
Tally. SERVER 9: This is Tally’s powerful data server that supports multiple users accessing the database concurrently. The installation is quick and easy and includes secure access to Tally data, administration control and monitoring. It is designed to keep pace with rapidly growing enterprises with a server-based data management scheme.
Tally Shoper 9: Tally’s point-of-sale/ retail management package. It is designed to make business information available at your fingertips. Based on extensive interaction with retail businesses this software package incorporates all the ideas and suggestions business managers provided.
5 .XERO ACCOUNTING SOFTWARE
Xero presents a strong basic accounting core with a good selection of additional functions. Some major features of XERO Accounting software are:
- You can import and categorize your banking, PayPal and credit card accounts. Bank reconciliation is quick and easy.
- You can use Xero’s mobile app with iPhone, iPad, as well as Android tablets and phones to manage your business on the move.
- Automatically prompt customers for invoice payments or late payment notices.
6. MICROSOFT DYNAMICS AX
Microsoft Dynamics AX incorporates the familiar Microsoft brand to offer a scalable and easy to use business management solution for medium and large-sized companies. Microsoft’s
size and expertise in software design deliver a user-friendly package with a large support network. Additionally, it provides other option as well depending on the subscription basis which helps you reduce the cost of overall package.
6.QuickBooks Accounting Software
QuickBooks is a tool/ software which every business could ever want for their accounting, auditing and bookkeeping related functions. It is the best accounting solution available in market which offers quickbooks dealer in dubai that accept business payments, manage and pay bills, with payroll functions.
QuickBooks is one of the most heard names in the accounting software business. QuickBooks Enterprise ERP is generally considered one of the best business and account management apps on the market. It boosts the QuickBooks user interface that is easy to learn and available with several features. Almost all professional accounting firms either use QuickBooks as part of their own accounting software tool set or are familiar with the file formats so QuickBooks users can send QuickBooks data directly to their accounting services.
That’s a benefit of using a tool used so widely and provides excellent services. In all of the tools listed above QuickBooks have grown exponentially because of its cutting-edge innovative features and easy to use services.
So, these are the list of best 8 Accounting Software tools for your business solutions. We saw the various features of widely used tool in Dubai and rest of UAE and are certain that it will help you select the right one. Although, QuickBooks is the best tool available in the market but you must choose the one suitable to your environment.
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