As a consultant, you must know how much your time is worth. That’s why you must be wondering about an easy way to do your bookkeeping on an Excel spreadsheet, or just thinking about an accounting platform that can streamline your monthly tasks smoothly. In this order, you need to use accounting for software but that software should be best. It must have features and functions like Easy integration, a User-friendly interface, Accounting support, Cloud accounting, Time tracking, Expense billing, and also Mobile accessibility. So in this article, we will mention the top 5 best accounting software for consultants which comes with all the features that are important to consultants. So let’s get started for more detail!
1. Bench
No doubt, Bench is the world’s most famous and also the best accounting software for consultants. Well, this is a full-service solution that offers both software and professional bookkeepers to manage the books for you. The more important fact about this software is that Bench is one of these software that can save you the most time. This software lets you do monthly bookkeeping, even you can also complete historical bookkeeping for those clients who are behind on the books. Well, if you want to use this service then you have to purchase a pricing plan. This software offers two pricing plans such as the Essential pricing plan at $299 per month. Well, this pricing plan offers Monthly bookkeeping, a dedicated bookkeeping team, and Year-end tax-ready financial statements. Well, the second pricing plan is the Premium plan which starts at $499 per month. This pricing plan offers One-on-one income tax consultations, tax support, and also yearly income tax filing. Moreover, this software has many amazing features, some of which are given below:
Key features:
- This software offers a free 30-day trial
- It has a Cash basis accounting which has the option to convert to accrual
- Bank reconciliation is also available
- This software also provides a Bookkeeping team
- It offers Cash management and Project accounting
- This software lets you Work in tandem with CPA firms
- This software has 24/7 customer support.
2. FreshBooks
FreshBooks is another best software for consultants. This software has a simple interface which makes it easy to use even for beginners. Well, this online accounting software allows you to automate a lot of regular accounting tasks. If you want to use this service then you must have to purchase one pricing plan to do your task. Well, this software offers four pricing plans. Its first pricing plan is Lite which starts at $15 per month. this plan offers Unlimited invoicing, Unlimited expense tracking, Unlimited sending of estimates, Sales tax tracking and reports and Payment via credit card and also bank transfer. The second Pricing plan Additional starts at $25 per month, this pricing plan has Unlimited invoicing, Automatic expense tracking, Unlimited sending proposals, Recurring billing, client retainer set-up, Automatic receipt data capture, Double-entry accounting reports and also Mobile mileage tracking. The third pricing plan is Premium which starts at $50 per month. Well, this package offers unlimited billable clients, Project profitability tracking, Email signature customization, Customized email templates, Accounts Payable tracking and also Checkout link payments. Its fourth pricing plan is Select with custom pricing. While it has specialized features such as a dedicated account manager, a dedicated support number, Accepting credit cards securely, a Minimum of two team member accounts and Custom onboarding services. Moreover, it has many amazing features such as:
Key features:
- It offers 30 days free trials.
- Recurring invoices tools are available.
- It has a simple interface.
- It offers Solid customer service.
- This offers Invoicing, Client billing, Expense reports and automated entries.
3. QuickBooks
QuickBooks is the best accounting software for consultants. This software helps you to keep track of the invoicing, bank account balances, price of sold materials, profits and losses, cash flow and vendor bills. Its receipt capture features let you keep integrations with different platforms such as Amazon, PayPal, and Square. Well if you want to use QuickBooks Online then you need to purchase a pricing plan. QuickBooks has four pricing plans such as Simple Start at $30 per month and its Features are Income and expense tracking, Maximizing tax deductions, organizing receipts, Mileage tracking, Unlimited invoicing and payment acceptance, Managing cash flow, General ability to run reports, Creating and sending estimates and Tracking sales and sales tax. Second is Plus at $85 per month and its features are Comprehensive report runs, Managing and paying bills, Entering employee timesheets and Tracking inventory and project profitability. Third is Advanced starts At $200 per month, its features are Powerful reports, Customizing access by role, Batching invoices Business Analytics, Managing employee expenses and also Exclusive app integrations. While fourth is Pro Plus starts at $349.99 per year. It has numerous features to simplify your accounting task. Moreover, there are also many amazing features such as:
Key features:
- Project management tools let you track inventory and time.
- You can seamlessly export all the sales data.
- It offers a 30-day free trial.
- You can get access and management to your financial books from any device.
4. Xero
Xero is also one of the best accounting software for consultants. Well, this software comes with so many features. This software also gives you access to a mobile app that is computable for Apple and Android devices. Plus, it has real-time reporting features. You can use this software after making a purchase. Well, this software offers three monthly pricing plans. Early start at $12 and its features are Sending quotes and 20 invoices, Entering 5 bills, Bank reconciliation, powerful inventory management, Share purchase orders and also business snapshot. Second is growing starting at $34 its features are unlimited invoices, quotes, bills and Bulk reconciling transactions. The third pricing plan is Established which starts at $65. While Additional features include, Claim expenses, multiple currencies and Track projects. Moreover, this software has so many amazing features, some of which are given below:
Key features:
- It has a User-friendly interface.
- This software is so Easy to use on phones.
- It offers a free trail to use.
- It offers Good mobile apps so that you can use them easily from anywhere with an internet connection.
- It is also very cost-effective.
5. Sage
Sage is also the best software for consultants. Well, it is a Cloud Accounting and also a web-based application with unique features. It also provides exceptional invoice modules also.
This software has also an invoice tracking option to check whether the voice is viewed or not. It also allows a number of other integrations plus seller can connect their account to other applications like Paya, Stripe, or Auto Entry. However, the interface is outdated and also text-based. Still. Well, if you want to use this service then you have to pay $25.00 per month before using it. It also offers a Free Trial of 30 Days for practice. Well, it has so many useful features, such as:
Key features:
- It has many integrations.
- This software gives you Very good invoice-tracking features.
- It has exceptionally reasonable pricing
- Well, it provides Great support and learning options.
- This software offers Accounts receivable, Accounts payable and Cash management.
Conclusion:
Well, there are so many accounting software for consultants to make accounting tasks easy but choosing the right one is more important. Well, we have mentioned above the top 5 best accounting software for consultants. Each software is well features and can fullfil your task requirements. Now you can choose one of them according to your wish. So that is all you need to know about the “best accounting software for consultants.” We hope this article will help you a lot!
