Within the accountancy industry, there are many brands of accounting software and tools available. So, regardless of the skills you may possess as an accountant, you’ll find the software may vary significantly from business to business. For this reason, if in future you wish to switch jobs, you might find a new position requires you to use different software. So here, we’ve compiled a list of popular accountancy software to help you to familiarise yourself.
Must-Know Accountancy Software:
The Sage Accountant software offers great accountancy solutions to those in need, its award-winning support, insider knowledge and latest industry news make it a fantastic tool for any business – large or small. There are various types to choose from dependent on your use, from Sage Impact to Sage Accounts Production and Sage Business Tax to Sage Corporation Tax, plus many more. This is a well-recognised software within the accounting industry, so it’s worth researching further when you have a few moments to spare.
For beautiful invoicing made simple, KashFlow provides easily customisable invoices and can be issued automatically by email when someone is overdue. It is HMRC recognised and currently has over 70,000 subscribers. Another well-known and respected piece of software known throughout the accounting industry.
This is a popular programme to use for creating custom invoices, managing VAT and even running payroll. With over 1.5 million subscribers, they must be doing something right. They have the highest rated mobile app too, so you can be sure to manage accounts from the convenience of your phone.
Essential Accounting Tools:
For use with creating spreadsheets, you’ll find Microsoft Excel is an invaluable tool that accountants live by, as they help you track numbers in a graph or conduct calculations to create a finance spreadsheet. Even if you know the basics, you can always brush up and learn intermediate or advanced skills for creating spreadsheets, charts, and graphs.
Great for Smaller Businesses:
Microsoft Dynamics helps to evolve businesses with intelligent business applications across CRM and ERP. Start with the basics, the essentials required to run a business and please your customers, then add apps to suit the changing needs of a business.
Ideal for small businesses, Xero is a simplistic and powerful system that enables users to collaborate with staff and trusted advisors. It also offers a free unlimited email support from experienced teams with the option of adding up to 500 apps to help manage the running of a business.
Another great piece of software for smaller businesses which makes accounting easy, fast and secure. Complete essentials tasks such as sending invoices, tracking time and capturing expenses in minutes. FreshBooks is incredibly user friendly and straightforward, which 97% of customers highly recommend.
Another great option for small businesses is Kashoo. It’s been designed to work for the unique needs of well-established yet humble businesses, with an intimate knowledge of small businesses, so users can control a company’s bookkeeping all in one place without the requirement of multiple apps.