Despite this, it may not be what every small business needs. Quickbooks by Intuit is perhaps the best known and most used in this list. Whatever the reason, here are the best five accounting and bookkeeping software and their key features to help you decide which is best for you and your business. The software may be superior in quality or function, or it may be better because it is lower cost or more user friendly. Most software dedicated to business accounting and bookkeeping is practical and useful. Though it is highly recommended that you hire a professional accountant or bookkeeper (or both), many small businesses cannot afford to do so and must utilize accounting and bookkeeping software. They will need to have meticulous records for tax purposes, budgeting, payroll, and to produce financial statements required for financial uses.
Every business must focus on accounting and bookkeeping to be financially healthy.