Best apps for financial management?

Aug 27, 2018
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I am an entrepreneur. Can anyone recommend some apps for day-to-day financial management like paying bills, running pay-rolls etc.?
 

Ralston18

Dignified
Moderator
There are quite a number of such products/applications available.

You can easily google the topic and find multiple reviews and product comparisons. Set the timeframe to within the last year.

Considerations:

How big is your business?

How are you set up: sole proprietorship, partnership, incorporated?

You have employees - correct? ("running pay-rolls") Keeping track of hours, wages, income taxes etc. can be quite involved.

Do you have an accountant or someone who does taxes? Or do you do your own taxes? Recommend that the financial app is able to work with a tax filing app if you do your own taxes. Or can otherwise provide tax information to your tax preparer.

Many financial apps are modular. You can pick the functions you need starting with some basic accounting and then adding in other packages for more dedicated purposes.

Some apps can even be tied in with your banking/checking accounts. Data from bank being downloaded into the application.

How much can you afford to pay for financial management? Budget?

Make a prioritized list of the business accounting functions you most wish to automate.

Consider where you are on the learning curve with respect "bookkeeping" and having the time to learn and work with a financial app.

Suggestion:


Quick Books is well known and quite popular. Visit their website.

https://quickbooks.intuit.com/
 
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