Akounto: Best Accounting Software for Small Businesses

In today's era of information technology, small businesses need accounting software to put their house in order. Being a business owner of a startup, or an online business, or even if you're a freelancer, what you have is a tonne of work and limited time of the day. In such case, keeping track of your accounts and finances sometimes become hectic. Still, it is important if you need to keep your business running, as most of the major decisions are dependent on finances only.

Keeping accounting software like Akounto at your side helps you maintain your finances, get updated financial reports anytime, keep track of your transactions, get timely updates on every cash flow, and much more. Akounto further saves time so you can focus on another important business task.

There are various mistakes that a person can encounter while maintaining a business's financial report. One such general mistake that any person can make is a human error while recording a transaction. Other problems and mistake that a small business can encounter are not keeping their books updated and not keeping a record of taxes (if they are collecting). All such mistakes can lead you to record wrong transactions and ultimately hamper your business while making decisions or paying taxes.

No, if you already have accounting software, you need not have another bookkeeping software. Bookkeeping includes recording and maintaining every transaction (sort of data entry). Bookkeeping provides you with revenue and expense information. At the same time, accounting software like Akounto has extensive functionality, including the bookkeeping feature. With accounting software and bookkeeping, you can generate financial reports, bills, invoices, recurring bills, and invoices, maintain customer and vendor records, check your business's health, and a lot more.

Akounto provides you an option to choose from a variety of plans, which starts from a free plan and goes up to expansion. To get a hands-on experience with Akounto and understand it, you can opt for a free subscription and check its functionality of it by yourself.

As a free plan, you get to create, customize, and manage upto ten invoices, create bills, manage unlimited customers, create five products or services to keep track of them, manage vendors, connect your bank account, customize charts of accounts, and a lot more!

After signing up with Akounto, you need to create your business profile before exploring a wide variety of options in the world of Akounto. Creating a business profile makes it easy for you to take things forward. After completing your business profile, you can select and go through various options like creating and managing invoices, creating your customer and vendors list, adding your bank account, etc.