As a creative business owner, managing your finances may not be your strongest suit. However, it is essential to keep track of your expenses, sales, and profits to ensure you stay afloat and grow your business. That’s where the best accounting software for creative business 2017 comes in handy. With the right software, you can automate your accounting and financial management, saving you time and money.
Best Accounting Software for Creative Business 2017: Key Features to Look For
1. Cloud-based software
A cloud-based accounting software allows you to access your financial data anywhere, anytime, as long as you have an internet connection. This feature is particularly useful if you’re always on the go or have a remote team.
2. User-Friendly Interface
You don’t have to be an accounting expert to use accounting software. The best accounting software for creative businesses should have a user-friendly interface that makes it easy to navigate and understand.
3. Invoicing and Billing Capabilities
Invoicing and billing features are essential for any business, and creative businesses are no exception. With the right software, you can create and send professional invoices and receive payments online.
4. Expense Tracking
Expense tracking allows you to keep track of all your business expenses, including receipts, bills, and invoices. With the right accounting software, you can automate expense tracking, making it easier to manage your finances.
5. Integration with Other Software
The best accounting software should integrate with other software you use, such as your e-commerce platform, CRM, and inventory management system. Integration ensures that you have a complete view of your business operations.
6. Reporting and Analytics
Reporting and analytics features are essential for analyzing your business’s financial performance. With the right software, you can generate financial reports and gain insights into your business operations.
FAQ
1. What is the best accounting software for creative businesses?
The best accounting software for creative businesses depends on your specific needs and budget. However, some popular options include QuickBooks, Xero, and FreshBooks.
2. Do I need accounting software for my creative business?
Yes, accounting software can help you manage your finances and streamline your accounting processes.
3. Can accounting software integrate with other software I use?
Yes, most accounting software can integrate with other software, such as your e-commerce platform, CRM, and inventory management system. Integration ensures that you have a complete view of your business operations.
4. Is cloud-based accounting software secure?
Yes, most cloud-based accounting software uses encryption and other security measures to protect your financial data.
5. Can I track my expenses with accounting software?
Yes, most accounting software includes expense tracking features that allow you to keep track of all your business expenses, including receipts, bills, and invoices.
6. Can I create invoices with accounting software?
Yes, most accounting software includes invoicing and billing capabilities that allow you to create and send professional invoices and receive payments online.
7. Can accounting software generate financial reports?
Yes, most accounting software includes reporting and analytics features that allow you to generate financial reports and gain insights into your business operations.
8. Is accounting software easy to use?
Yes, most accounting software is user-friendly and easy to use, even if you’re not an accounting expert.
Pros of Using Accounting Software for Creative Businesses
– Saves time and money
– Helps you manage your finances more efficiently
– Automates accounting processes
– Provides accurate financial data
– Generates financial reports and analytics
– Integrates with other software
Tips for Choosing the Best Accounting Software for Your Creative Business
– Identify your specific accounting needs
– Determine your budget
– Research different accounting software options
– Consider the software’s features and ease of use
– Look for reviews and customer feedback
– Take advantage of free trials to test the software before committing
Summary
The best accounting software for creative business 2017 should have cloud-based capabilities, user-friendly interfaces, invoicing and billing features, expense tracking, integration with other software, and reporting and analytics features. With the right software, you can streamline your accounting processes, save time and money, and gain accurate financial insights into your business operations. Consider your specific needs and budget and take advantage of free trials to find the right accounting software for your creative business.