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Finance and Accounting software
Accounting software
Accounting software records a business’s transactions and produces its financial statements.
Overview
What it does
It connects to bank accounts, categorizes transactions, and generates the profit and loss statement and balance sheet. Small businesses, bookkeepers, and finance teams use it as the system of record. Larger companies move to systems with stronger controls and multi-entity support.
How to choose
Ask your accountant which systems they support. Working in a platform your accountant knows saves time at tax season.
Features
Key features to look for
Bank feeds
Automatic import and matching of bank and card transactions.
Financial reports
Profit and loss, balance sheet, and cash flow statements.
Receivables and payables
Invoices out, bills in, and aging reports.
Accountant access
Seats and tools for your bookkeeper or CPA.
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