It is essential to keep a healthy set of books for any business. For start up businesses in particular they often maintain their own books rather than using a bookkeeping firm due to low volume of activity. These days there are many online accounting tools available to get these businesses set up with their bookkeeping, invoicing and document management.
Below is a list of tools that can be the backbone for any new business. Some are complete accounting platforms; others are specifically for processing invoices and managing accounting documents. Many of these tools are small business focused and are inexpensive or free. Since these tools are online they can be accessed from anywhere:
Free yourself from accounting. Outright automates your small-business accounting tasks by pulling all of your accounts into one place and organizing them. Integrates with financial accounts, as well as small-business tool sites, like Shoeboxed and Freshbooks.
Online accounting designed specifically for small businesses. Create and send invoices, manage expenses, reconcile bank statements, track cash flow and generate real-time reports. Integrates with Google Apps.
Online invoicing for freelancers and small businesses. Send and manage invoices, as well as track your staff’s time and expenses. Payment gateways through Google Checkout and PayPal. Integrates with other solutions such as Shoeboxed and Expensify. Their free invoice creator also allows for users to create simple, professional-looking invoices that they can send and track using the FreshBooks system, without having a subscription.
With this online bookkeeping tool, you can record and categorize expenses. Send and track invoices to clients. Connect directly to any online banking account, or import from QuickBooks.
Pulse is a cash flow management tool for small businesses. Analyze and organize your company’s cash flow, income and expenses, and generate reports
Provides an online invoice and billing solution with multi-currency support and expense and time tracking management.
A solution for freelancers or contract workers to create, send, and track invoices. Create and send estimates, customize the look of invoices with your own CSS, and automate invoice billing for regular jobs. Create and send custom thank-you notes.
Track the time spent on given projects and send invoices to clients and customers. Create custom timesheets, generate visual reports to look at your company’s resources, and learn what you are spending the most time and money on at a glance.
Shoeboxed simplifies accounting by digitizing your paper documents. Send in your paper receipts and Shoeboxed digitizes everything, extracts the data and verifies it. Upload reports to FreshBooks, QuickBooks, Outright, Quicken, and more.
A great *NEW tool built for Bookkeepers, Accountants and Business Owners to easy manage, share and store all their accounting documents online. Store accounting documents on the go and easily retrieve from anywhere, anytime.
Affordable bookkeeping services for any business anywhere