Accurate bookkeeping is massively important to business. It has to be right, otherwise you could face sanctions or fines for not reporting properly. There are various ways to ensure that your books are always correct, but one best practice that stands out is by investing in efficient and effective bookkeeping software.

In this post, we’ll compare two popular choices of EasyBooks and Quickbooks. It’s important that you get the right one for your business, as choosing the wrong one can be detrimental to your company. So, it's not a decision that can be made lightly.

EasyBooks vs QuickBooks: A Comparison

Customer Invoicing

EasyBooks

Remove any stresses that come with customer invoicing with the help of EasyBooks. The app allows you to easily prepare estimates, prepare and send invoices and handle receivables and payables.

Paperwork is reduced because EasyBooks keeps electronic copies of all invoices and receipts. I couldn’t be any easier or more efficient.

Check your statements to track real-time payments, customise invoice templates with logos and payment terms all at the tip of your fingers. Instantly turn your quotations into new sales invoices and you’re ready to go. EasyBooks notifies you of late payments so you can improve your cashflow.

QuickBooks

Like EasyBooks, you can track and view real-time payments and the status of any of your invoices. You can easily check their due date and manage your accounts efficiently. Also, customise your invoices to make them look as professional and as on-brand as possible.

Both apps let you send invoices directly through email, or print them off for mailing.

Business Bookkeeping

EasyBooks

Run your business more efficiently with the EasyBooks app. It has the features you need to operate your businesses with fewer hassles and worries. Whether you need to automate transactions to save time and focus your attention elsewhere, streamline your process or analyse reporting so that you can spot any business errors and make any smarter decisions, it’s all possible with EasyBooks.

Other features that EasyBooks can benefit your business with are:

• • VAT schemes.
  • Helps avoid mistakes and gives warnings if anything could potentially crop up.
  • Rest easy, your data is backed up. Our Sync process keeps all your devices backed up automatically plus you can take copies of business data on your own hard drive at any time.
  • Exchange rates updated hourly so send and receive money in most currencies from around the globe with no fuss.

QuickBooks

QuickBooks is another alternative that’ll help with the smooth running of your business. Whether it’s snapping and storing - receipts to ensure that you don’t lose any of them or miscalculate any expense, estimating your tax payments accurately, QuickBooks allows you to take control of your business and ensure that you’re working at maximum efficiency.

Finance Reporting

EasyBooks

Keep your financial reporting as simple as possible with EasyBooks and make - life easier. Whether checking for overdue payments, comparing year-on-year tax return or updating - company inventory, EasyBooks will help clean up your financial reporting and reduce errors.

Some features that EasyBooks offers to help you achieve this are:

• • Complying with Making Tax Digital (MTD) and allowing easy filing tax returns in compliance with new regulations.
  • Comparing balance sheets and monthly breakdowns and financial statements easily to improve business efficiency.
  • Reports can be emailed or printed for help when presenting them to shareholders and partners.
  • Tracking customer activity.
  • Generating accurate stock reports.

QuickBooks

QuickBooks has features that allow you to see how your business is doing at a glance. There's also the option of allowing you to carry out a deep-dive report too.

Custom reports can be created based on - business requirements so you can schedule recurring reports whenever required.

Get up to date reports, including balance sheets, profit and loss and cash flow statement. Keep track of - overdue invoices and put yourself in the best position to chase payments to ensure that cash flow is as up to date as possible.

What makes EasyBooks unique is the flexibility in prices with our Bronze, Silver and Gold packages. Each of these are much cheaper than any competition.

Plus, other apps that compete with EasyBooks often have hidden extras. The price for the EasyBooks app includes everything - there are no extras.

Best of all, we allow customers to keep books on multiple businesses with one subscription, something you don’t get with the others. To make sure you’re ready for MTD and to make the best business decisions possible, download EasyBooks today.

Use EasyBooks and Make Your Business Life Simpler

The EasyBooks app really is the perfect app to aid your business and make your whole operations much simpler. Make your first electronic transmission of MTD online using EasyBooks.

In order to be 100 percent ready for the MTD switchover, we’ve created an all-in-one guide for download which will help you come to terms with the new regulations before you’re forced to implement them.

Click the link below to grab your free copy.