Businesses often do start small, with small support, cost of production, and small budget. The present economy is tough, sometimes paralysing small businesses that only survive with only a little of what they have. Times like these are demanding, and if you own one of them, you’d likely to succumb to wanting the free stuff that can help your business run. And this includes using free bookkeeping software for your bookkeeping needs.
Of course, if you think that a free bookkeeping and accounting software can do the job for you, why not use it? Why pay when your needs are already satisfied with a free bookkeeping software within you reach?
Here are the 5 best FREE bookkeeping software for your small business:
This bookkeeping and accounting software has more than 80,000 users across the globe. It has the basic standard features such as stock control, invoicing, debit and credit, general ledger, balance sheet, income statement, and financial reports for multiple users.
It’s open source, so developers can easily integrate the software into their systems. TurboCASH 5 offers a detailed online manual so you won’t get lost in using the software.
You can’t expect free software services to give you exactly what you want. You will also face some limitations which will hinder you from exploring more of what a paid subscription can offer. TAS Basics is one of the many that sells its bookkeeping and accounting packages, but gives its Basic package for free. As with most free offerings, its features are pretty straightforward but of which you can’t live without when keeping your books.
Constant development has made GnuCash a very flexible accounting system. The open source bookkeeping software makes it faster and easier for you to enter your financial transactions. But that’s not all. It boasts some powerful functionality not merely found in other free software: customer and supplier tracking, invoicing and billing, transaction support, budget management, stock portfolio, and a collection of advanced reporting tools.
PostBooks offers what the usual bookkeeping software and accounting solution does, including general ledger, invoicing, accounts payable and receivable, bank reconciliation, and other powerful features on a presentable interface. PostBooks doesn’t only support small business but can also be useful for large businesses as well. There’s also a commercial package to access more of its robust features.
VT Cash Book
VT Cash Book is the simplest tool for your bookkeeping needs. It doesn’t come with other features present in other accounting solutions. Instead, you will only be using the software to simply enter your transactions through VT Cash Book’s no-nonsense interface.
The mentioned bookkeeping software may present some learning curve for beginners. If you don’t want to pay a dime for meeting your bookkeeping requirements, it sure pays a lot if you take the time on learning how to use them.