Are you a businessperson in Scotland who is unable to manage various aspects of accounting and bookkeeping? You do not need to worry as countless accounting applications have been developed lately which are bound to make your business life a lot easier.
Accounting apps are used to automate various tasks that would otherwise have been difficult to manage manually. This includes report creation, customer invoices, tracking expenses, and so on. Thus, it helps in organizing and saving time. Over the years, a lot of accounting apps have emerged in the Scotland business market which might make it difficult to choose one. This is why we have performed extensive research on your behalf and prepared a list of the top accounting apps in Scotland.
7 best business accounting apps in Scotland
1. Zoho Books
This is one of the best accounting softwares that are suitable for all sized businesses. One of its primary features includes integration with Zoho CRM which provides you with a full detailed overview of your customers and all their interactions. Besides this, Zoho Books also integrates with programs such as Xero and Paypal. Bill and invoice creation is automated with the help of recurring templates. The best part about this app is that the free version comes with all the essential packed features. However, the only con of using this app is the sheer learning difficulty about how to operate it.
2. FreshBooks
The FreshBooks accounting software is mainly known for its invoicing features. It is extremely easy-to-use software where you can customize the invoice design, add billable costs, set up automated reminders for payment, create recurring invoices, and so on. Moreover, Freshbooks also has an automated late fee feature for your customers who always tend to delay their payments. Unlike Zoho Books, FreshBooks does not have any free plan. Thus, you need to opt for their Lite, Plus, or Premium plan.
3. Xero
In contrast to other accounting applications that charge a fee based on the number of users, Xero provides access to unlimited users. Thus, you can easily include more employees as your business expands without having to pay any additional money. With the help of Xero, you can track the income and expenditure of multiple projects, monitor your inventory, create recurring invoices, and many more. The accounting app offers a one-month free trial for all so that you can test out the features for yourself.
4. Intuit QuickBooks
This is one of the most widely used accounting apps in Scotland for managing finances. Intuit QuickBooks has many features such as automated tracking, invoicing, report generation, electronic invoicing, and many more. Moreover, you can also personalize the invoices as per your brand. The accounting software is extremely affordable as well. However, the only con is that only a limited number of users can access it. This might pose a serious problem for big companies.
5. Sage Business Cloud Accounting
This is an affordable accounting app that has many important features. For instance, you can customize the invoices, and manage inventory efficiently. The app also helps automate processes such as Bank reconciliation and helps generate detailed reports on your expenses, time taken for a project, and so on. Sage Business Cloud Accounting has two premium plans based on the number of users. This includes the Accounting Start plan designed for one user and the Sage Accounting plan for multiple users.
6. FreeAgent
This accounting application is specifically designed for small business owners. Data entry and cloud backup are extremely efficient since it can integrate with many third-party apps such as Dropbox and Google Drive. One of the most prominent features of FreeAgent accounting software is the radar feature. The Radar sends you alerts on your business performance after analyzing and combining the insights. The alerts might be anything ranging from cash flow problems to delayed payments. Besides this, the app also helps in time tracking and sales tax. FreeAgent offers a 30-day trial period for all its users. Thus, you can try out their features for free to see whether it is beneficial for your company or not.
7. ZipBooks
ZipBooks is a free accounting app in Scotland that is specially designed for small businesses. Its features include double-entry bookkeeping, time tracking, invoicing, expense tracking, auto-categorization, and Bank syncing. ZipBooks integrates with various business tools that make it easier for businesses to organize and unify all their tasks and operations in a single place.
The most prominent advantage of using an accounting application is its task automation feature in the bookkeeping and financial reporting sector. This is essential for all businesses as it not only saves time and money but also removes the risk of manual error. In conclusion, if you wish to firmly establish your company in the competitive business market of Scotland and boost your growth process, you must start using one of these software applications, or another application that you prefer which is more suitable to your business needs.