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Best Accounting Software for your Small Business

Best Accounting Software for your Small Business

I’ve often heard people ask if accounting softwares are necessary for small businesses. It is almost like these people leave the important parts of business and consider them things done by the very big brands. The truth is, without proper accounting, I don’t see how you are going to become a big brand at all.

Your accounting data should always be the first point of call when making important financial decisions. By important, I mean ALL. That is where you get an insight into where your money is going, how productive your expenses are and what you can cut back on.

In fact, having a good account could be the difference between your getting an angel investor to dole out some cash or not at all.

If all these interests you, then you are ready to find out what our picks of the best accounting software for your small business this year are.

1. Sage One Accounting

Sage One Accounting

Sage One has already made a name for itself in the accounting and accounting software department, going on to serve no less than 3 million different businesses worldwide. With such an impressive portfolio, you should know that they are doing something right.

With the Sage One Accounting platform, you can perform so much more tasks than organising basic accounting ledgers. You can go on to take advantage of the payroll feature, use the invoicing section and even get numerous training materials to get you started.

With the different packages starting from about ₦2900 a month, you get to try out the platform for free for a one-month period after which we are sure you would have been glued already.

Probably the best thing about the platform is its availability across multiple platforms. Since you can use it on either of Windows, Apple (Mac and iOS) or Android devices, you can stay connected to your figures anywhere you are in the world

2. QuickBooks

QuickBooks

Where QuickBooks excels the most is in the way it keeps track of all the money coming in and going out of your business. That way, you can determine what luxurious spending you should cut and what channels to pump more money in.

Even better is the way QuickBooks generates needed analytics for you based on data you import into the system. Just get your vouchers and invoices, load them onto the platform and you get dynamic reports in a matter of minutes

3. SAP

SAP

We would not have had an honest review of the best accounting software for your small business if we did not mention SAP. Short for System, Application and Products, this accounting software has gone on to establish itself as the fourth largest in the world.

The beauty of SAP is that it can be thoroughly customised – with codes and social departmental designations – to fit a specific company. It is even better in the sense that it allows you account for not only money but physical goods too.

Keeping inventory, raising product orders and reservations and managing/ manipulating stock are just some areas where SAP finds application in the industrial sphere. For a well-rounded accounting software, this delivers everytime

4. NetSuite

NetSuite

With an incredible interface and greater tools to match, NetSuite is the accounting software to go for when you have a rapidly advancing small business. The application has all it takes to handle the complexities involved with the day-to-day running of a business, the growth that comes with that and handling report generation for future decisions.

One of the things consumers of this software love the most is the way it provides them with real-time visibility of what is happening across the organisation, helping to make faster decisions on the spot.

5. Intacct

Intacct

For those that love cloud-based solutions, here is one that will make your day. Asides promising to keep your cash inflows and outflows intact, Intacct also offers a slew of other features that lie deep within the system – contract management, fund and project accounting, inventory management, financial reporting and consolidation, and so much more.

It works based on the internet to ensure everyone in the organisation gets updated in real time as things are happening in other sections and keeps all of your information backed up on a secure, dedicated cloud server.

Talk about great accounting, security of your funds and protection of your valuable money date, and you have Intacct.

Wrap Up

Again, don’t wait till the business is very big before you start accounting. If your business can survive the small scale without proper accounting, you are setting it up for a great failure in the medium and large-scale markets.

If you haven’t started yet, there is good news for you – the best time to start is now.

If you would be taking one of these small business accounting software, lets know which one of them catches your fancy the most.

Related Topics Paydayng Payroll Solutions Tally 9 business and accounting solutions Peachtree Accounting Software Best Invoicing Software

The post Best Accounting Software for your Small Business appeared first on Nigeria Technology Guide.

Why Twitter is now Profitable for the first time ever?

Gone are the days when Facebook was considered to be the only source of profit. Now, there are several other social media platforms that are becoming a good source of profit. Almost all businesses and companies are now going digital and all of them have websites or some sort of social media presence because let’s face it, there is a big amount of the world’s population that is currently using social media. Many people are still trying to figure out the answer to the question of which social media site is currently the most successful one? Well, no one can answer this question with accuracy right now because the profit generation and users are changing and increasing every single day for all the social media platforms. However, there is some really good news we came across recently on Twitter. Twitter has now become a profitable site for the first time ever and there are several reasons behind it.

If you are someone who is thinking to invest a little marketing effort on Twitter then you are in the right place, reading the right article. Today we are going to answer the common question that why and how exactly is Twitter now a profitable site. So, folks take notes of what we are about to tell you because this article can actually be very beneficial to you.

1. Advertisement

You can say that the backbone of Twitter is the advertisement and that backbone is getting stronger and stronger from which all the profit is coming. Thursday evening, Twitter released a report that actually indicated that Twitter has now started earning money for the very first time as a public company and the reason behind it is obviously some really strong advertisement. Twitter is considered to be the most useful app when it comes to connecting advertisers to the people they want to sell their things too. The report also showed some amazing profit statistics that stated that Twitter is making more than what the analysts expected. The expectations were of $686 million but Twitter has a return to growth investment of almost $732 million and that is a big win for the social media platform.

2. Increase In Users

Twitter users are now increasing at a rapid pace and the major reason behind it is that Twitter is a hub of celebrities and major personalities. Moreover, it is a great source to get informed about the latest trends and the breaking news too. So, you can say that this is a major attraction for users and this is why a big amount of the population is shifting to this platform. Now, more Twitter followers mean more advertising revenue and hence more profit. Also, it is pretty easy now to gain Twitter followers which is why more and more marketers and business owners are shifting to this social media site.

3- Easy Interaction

Another major reason why Twitter is profitable now is that it is easier to interact with customers and other people here. You get to show your presence here by participating in competitions, following trends and even by using hashtags. Yes, you read it right, hashtags are also sort of a backbone to Twitter and over the past few years, people have found the use of hashtags to be very beneficial for good communication and interaction. Now the connection here of profit with good interaction is that the better and more you communicate with people here, the more profit is generated.

These are a few major reasons why Twitter has now become a profitable platform. So, if you are planning to invest some effort on a good social media site then we suggest you begin with Twitter and you will see the results for yourself.

The post Why Twitter is now Profitable for the first time ever? appeared first on Nigeria Technology Guide.

4 Best VPNs for Tor – Recommendations

VPN and Tor are tools that work with a combination of proxies and integrate encryptions to ensure your online privacy is enhanced by shielding your identity.  Consumer VPNs are great tools when it comes to bypassing censorship, watching Netflix and anonymizing users from being tracked by either their ISPs or anyone online.

What is Tor and a VPN?

Tor and VPNs have some common similarities when it comes to online privacy but Tor is good for matters of anonymity while a VPN is great when it comes to ensuring user’s online privacy. A VPN hides the real IP address of a user and assigns you with a new IP address thus making it difficult for spies and also ISP to monitor your online activities.

Tor or also known as The Onion Router is a private network that comprises numerous volunteer-operated servers.  Tor works by rerouting users through a set of virtual tunnels just like it is with a VPN but it relies on the frequent data tunneling which ensures that users are safe while browsing the internet. The good thing about Tor is that it makes your browsing untraceable by bypassing the traffic surveillance that is usually available on normal web usage.

It is worth noting that a VPN is helpful especially when accessing the Deep Web and Darknet Marketers as there are risks associated with those dark web sites that can only be minimized by a VPN.

Recommended VPN services

Today, many internet users are wondering how to find the best VPN for Tor and that’s why we have decided to make things simple to you by listing some of the suitable VPNs for Tor as below.

Read with me!

1. TorVPN

If you value your identity especially while online then TorVPN is for you. This VPN will shield your online activities by hiding you from conventional traffic analysis. TorVPN as a company operates numerous servers in US, Europe, and Hong Kong. The good thing about this VPN is that it offers unlimited speed on all its servers. It also ensures your data is shielded to prevent hackers from hacking or cracking it.

2. NordVPN

NordVPN is based in Panama and comes with high comprehensible features. This VPN helps to reroute device’s traffic through a VPN through a Tor network. Another comprehensible feature is the double data encryption which offers solid protection. The good thing about these features is that when the connection is interrupted, the kill switch disconnects all devices from accessing the safeguarded web. The Nord Company offers a zero logs policy and a 256-bit AES encryption. You can pay for your VPN services using Bitcoin. Apps are available for every major hardware and operating system.

3. ExpressVPN

ExpressVPN is the most commonly used today and lately, launched a .onion version of its site for online users who want to create accounts in incognito mode. The reason why this VPN is loved by many online users is that it offers a great level of performance and it’s also the fastest tool in the market. Another good thing about ExpressVPN is that offers its users split tunneling.

This VPN service provider also boasts a zero log policy and accepts bitcoin. The no-log policy helps users to create a completely anonymous account on ExpressVPN network that is untraceable. This VPN offer supports Netflix spoofing. Although the ExpressVPN is sold at a higher price than the other VPNs, it works well and without any outstanding flaws.

4. BolehVPN

BolehVPN is a popularly used in Asia and supports Tor over VPN on certain OpenVPN TCP servers. The reason why it is a popular VPN is Asia is because it’s headquartered in Malaysia.  Malaysia is a country that hasn’t enshrined laws that give permissions for data to be taken from private servers by third-party. Although BolehVPN has servers situated in 11 states, it offers users with unlimited internet speeds while browsing. You can pay for this VPN service via MolPay, PayPal, and direct deposits. Unlike the other types of VPN discussed above, this service doesn’t accept Bitcoin or any other type of crypto-currency. However, its compatibility with Tor is great and the encryption standard is good.

Conclusion

When taking into account all features that come with the above VPN services, the ExpressVPN is the best VPN for Tor. However, the other VPN services are also incredible.

The post 4 Best VPNs for Tor – Recommendations appeared first on Nigeria Technology Guide.

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