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Accounting Tools For The Digital Age

ACCOUNTING TOOLS FOR THE DIGITAL AGE From tracking outgoing inventory to determining your company's charity write-off, accountants have an app for that. Which tech tools are most useful to the modern-day accountant? ASSETS AND EXPENSES 84% of finance managers cite manual data entry as their firm's biggest challenge 1/4 More than of firms use the same accounting software from over a decade ago 67% of accounting firms think big data will have a positive impact on their business 81% say they work remotely on mobile devices 2/3 are currently conducting employee training on cloud computing BEST CLOUD-BASED SERVICES Dropbox SmartVault Free app $29/month for basic package (premium features offered for a fee) 2-18GB of free storage Includes up to 2 users and 25GB of storage Allows users to sync files from multiple locations Works with Android, iPad, 256-bit AES encryption and iPhone QuickBooks toolbar lets users easily attach Works with Windows Desktop, source documents to QB entries Kindle Fire, Blackberry, Android, iPad, and iPhone • Over 200 million users worldwide BEST SPECIALTY SERVICES iDonatedit UPS Mobile V $2.99 App V Free App Track non-cash charitable • Instant inventory updates with donations for tax purposes corporate shipping data • Available on most mobile platforms BEST ALL-IN-ONE ACCOUNTING TOOLS FreshBooks Accounter 9.25/10 on Up to 10 transactions PER MONTH free JANUARY 5 million customers Voted 45 Features Including: BEST CUSTOMER SERVICE at TechVibes 2013 Tax Filings Inventory Management Invoices Free basic package (best for contractors) • Expense Tracking • Basic paid package $20/month to manage up Balance Sheets to 25 clients • Email invoices and expenses directly QuickBooks ProAdvisor Biggest name in small business accounting software Free mobile-only package for accounting professionals: 37% • Automatic Data Backup to Cloud • Tax Filings of users say it saves 1-5 hours of time per week • Invoices • Free Customer Support When choosing an accounting app or service, remember three simple rules: it should be easy to use, save you time, and fit your budget. The best accounting tools are the ones that work best for your business and lifestyle. Sources

Accounting Tools For The Digital Age

shared by monsieurnavarro on May 01
If you’re looking to pursue a career in accounting, the fundamentals of accounting aren’t the only things you have to learn. Also important are the digital tools that have grown to be invaluable t...


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