The small business owners need to update their books at regular intervals. Using the right billing and invoicing software, you can automate the process & minimize manual errors while recording business' invoices and expenses.

The online accounting software assists you in the digitization of your business financial transaction data. Most importantly, you can use it to process this data for deeper insights. The insights help you in optimizing business' cash flow and financial health.

Customized Invoicing

One Accounting software is specially built to streamline the accounting of small businesses in various industries. It can simplify your accounting chores like invoicing and billing of your small business. It can instantly email professionally-made invoices for you.

The customized invoices are a great branding tool. This billing and invoicing software allow you to create a customer-specific invoice by adding company name, image, or logo to an in-built template.

Customer and Vendor List

It also makes it easy to manage your customer and vendor list. You can add, delete, and update your customer's details with a few clicks of the mouse. This billing and invoicing software make multi-currency transactions easy. It is easy to set base or currency of customers' choice, credit limit, tax code, etc.

Who Should Use One Accounting Software?

One Accounting software automatically creates accounts that are specific to the type of your business. You could be running an accounting firm, a cleaning service, clinic, travel agency, online business, or you could be a trader, consultant, or freelancer, you can start using these accounts from the day one.

Live Charts

The software provides with you a Dashboard that uses live-data to display Cash In/Out, Accounts Receivable and Payable charts. The charts gives you at-a-glance info about business cash flow, the amounts due from customers and your liabilities to your vendors.

Send Reminders for Outstanding Payments

This online accounting software prepares instant financial statements and reports for your consumption. By going through reports like ageing payable and receivable reports, you can zero-in on late-paying customers. You can send them an email reminder for outstanding payments.

Schedule Recurring Invoices

Scheduling recurring invoices for the repeat customers is easy with this billing and invoicing software. It also automatically emails them to your customers. Account reconciliation is one of the important steps in cash flow management. With a few clicks of the mouse, you get to reconcile bank entries with your records.

Efficient Inventory Management

The software enables you in reaping full benefits of efficient inventory management. It simplifies maintaining of required stock levels, moving stock between warehouses, & accounting for combo item in the invoices.

Data Security

One Accounting software enables you to collaborate with your accountant. It uses a security matrix to facilitate multi-role access. The data remains safe as the access to it is on the need to know basis.

Knowledge is power. Online accounting software for small business allows you to use your smartphone, tablet, laptop, or desktop to access important business data 24X7 from anywhere. You get to automate various of your business tasks and reduce your manual efforts.

Author's Bio: 

I am a technical consultant & a writer who loves to forge knowledge of software products & services.