Usability Factors Should you Look For in Accounting software
To find the best accounting software for your business, you need to carefully consider how and where you want to use it and if anyone else will be using the system. Here are some factors to consider:
Multiuser access, Most accounting software products allow you to invite other users to the system and control the data they can see and the tasks they can access. For instance, you may wish to give your business partner and accountant full access, while only allowing your employees to use the system to track their time and invoice customers. Some systems allow you to invite multiple users at no additional cost; others provide accountant access but require you to subscribe to a higher pricing plan or pay extra if you want to add additional users to the system.
Multiple-business support, If you own more than one business, you may want accounting software that supports multiple small businesses under one account at no additional cost. Otherwise, you’ll pay extra to set up separate accounts for each entity.
Cloud-based software and mobile access, Most accounting software is cloud-based, so you can access your account anytime, anywhere from any computer with internet access, helping you run your business remotely, whether you’re home or on vacation.
Many also offer mobile apps to help you monitor key information and accomplish core tasks while you’re on the go. Some offer separate apps for employees and have limited features such as time tracking and submitting expense receipts.