10 Tops Accounting Software

Here is an overview of each accounting software, including its history and owner:

  1. QuickBooks Online
    • Owner: Intuit Inc.
    • History: Launched in 1983 by Scott Cook and Tom Proulx, QuickBooks is one of the most popular accounting software for small to medium-sized businesses. The online version, QuickBooks Online, was introduced in 2001, offering cloud-based access and features.
  2. Xero
    • Owner: Xero Limited
    • History: Founded in 2006 in New Zealand by Rod Drury and Hamish Edwards, Xero has grown to become a leading accounting software for small businesses. It emphasizes integration with third-party apps and a user-friendly interface.
  3. FreshBooks
    • Owner: 2ndSite Inc.
    • History: Launched in 2003 by Mike McDerment, Joe Sawada, and Levi Cooperman, FreshBooks started as an invoicing solution and has since expanded into full-featured accounting software, primarily targeting freelancers and small business owners.
  4. Sage 50cloud
    • Owner: Sage Group plc
    • History: Originally known as Peachtree Accounting, Sage 50cloud was first released in 1978. Sage Group, a UK-based multinational enterprise software company, acquired Peachtree in 1998 and rebranded it to Sage 50cloud.
  5. Zoho Books
    • Owner: Zoho Corporation
    • History: Launched in 2011 as part of the Zoho suite of business applications, Zoho Books is designed to cater to small businesses and freelancers. Zoho Corporation, founded by Sridhar Vembu, is known for its comprehensive suite of cloud-based business tools.
  6. Wave Accounting
    • Owner: H&R Block
    • History: Founded in 2009 by Kirk Simpson and James Lochrie in Toronto, Canada, Wave offers free accounting software for small businesses and freelancers. In 2019, it was acquired by H&R Block, a US-based tax preparation company.
  7. NetSuite ERP
    • Owner: Oracle Corporation
    • History: Founded in 1998 by Evan Goldberg as NetLedger, NetSuite was one of the first cloud-based ERP systems. Oracle Corporation, a multinational computer technology company, acquired NetSuite in 2016.
  8. Kashoo
    • Owner: Kashoo Systems Inc.
    • History: Launched in 2008 by Kashoo Systems Inc., a Canadian company, Kashoo is designed for freelancers and small business owners, offering straightforward accounting solutions with a focus on simplicity and ease of use.
  9. Tally.ERP 9
    • Owner: Tally Solutions Pvt. Ltd.
    • History: Founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka, Tally Solutions is an Indian multinational company. Tally.ERP 9, launched in 2009, is widely used in India and other international markets for its comprehensive features and reliability.
  10. Odoo
    • Owner: Odoo S.A.
    • History: Founded in 2005 by Fabien Pinckaers, Odoo started as TinyERP and was later rebranded to OpenERP before becoming Odoo. It offers an open-source suite of business applications, including accounting, CRM, and e-commerce, making it highly customizable and versatile.

QuickBooks Online Mobile App Overview

The QuickBooks Online mobile app is an indispensable tool for business owners, accountants, and anyone who needs to stay connected to their financial data while on the go. Here’s a comprehensive overview of its key features and benefits:

1. Anywhere Access:

  • The app travels with you. Whether you’re at a client meeting, traveling, or away from your computer, you can access your QuickBooks data from your mobile device.
  • Available for both Android (version 4.1 and higher) and iOS (version 9.3 and higher).

2. Business Details at Your Fingertips:

  • Profit and Loss: View your business’s financial health on the go. Check your profit and loss statement directly from the app.
  • Overdue Invoices: Track overdue invoices to stay on top of outstanding payments.
  • Account Balances: Effortlessly monitor your bank and credit card balances.

3. Invoicing on the Spot:

  • Create and send professional invoices directly from your mobile device.
  • Customize invoices with your logo and branding.
  • Send invoices in multiple currencies if your business operates internationally.
  • Include a “Pay Now” link on invoices for direct credit card payments.

4. Receipt Capture and Expense Tracking:

  • Snap photos of receipts using your phone’s camera; the app automatically extracts relevant information.
  • Categorize expenses and attach receipts to transactions.
  • Eliminate lost receipts and manual data entry.

5. Bank Connection and Transaction Sync:

  • Connect your bank accounts to QuickBooks Online for automatic transaction imports.
  • Review and match transactions effortlessly.
  • Keep your financial records up-to-date without manual effort.

6. Reports on Demand:

  • Run essential reports directly from your mobile device. Need a profit and loss report or a balance sheet? It’s all available.
  • Stay informed even when you’re away from your desk.

7. Sync with the Web Version:

  • The mobile app and the browser version of QuickBooks Online are always in sync.
  • Any task you perform or information you add in the app reflects instantly on the web version, and vice versa.
  • Your data remains consistent and up-to-date across all platforms.

Remember, the QuickBooks Online mobile app isn’t just about convenience—it’s about empowering you to make informed decisions, manage your finances efficiently, and stay connected to your business data no matter where you are. Download the app and experience the freedom of mobile accounting!

Fanoos Accounting Services is here to help you.

Contact us today: Call us at +93704995790 or email zafary@fanoosaccounting.com

QuickBooks Online Training

Master QuickBooks Online with Our Professional Training Courses

Unlock your potential with our comprehensive QuickBooks Online training courses, designed to equip you with the skills and knowledge needed to excel in financial management. Whether you’re a business owner, accountant, or aspiring finance professional, our courses are tailored to meet your learning needs and enhance your proficiency in QuickBooks Online.

Why Choose Our Training Courses?

  1. Expert-Led Training: Learn from industry experts with extensive experience in QuickBooks Online. Our trainers are certified professionals who provide hands-on guidance and practical insights.
  2. Comprehensive Curriculum: Dive deep into QuickBooks Online functionalities, from basic to advanced features. Our structured curriculum covers everything from setup and navigation to complex financial reporting and integrations.
  3. Flexible Learning Options: Choose from flexible learning formats, including in-person workshops and interactive online sessions. Access training materials and resources anytime, anywhere to suit your schedule.
  4. Practical Application: Gain practical, real-world skills through case studies, simulations, and interactive exercises. Apply your learning immediately to solve business challenges effectively.

Course Offerings:

  • QuickBooks Online Essentials: Master the essentials of QuickBooks Online, including setting up your company file, recording transactions, and generating basic reports.
  • Advanced QuickBooks Online: Expand your knowledge with advanced topics such as inventory management, payroll processing, and customizing reports for deeper financial analysis.
  • Certification Preparation: Prepare for the QuickBooks Online Certification exam with our comprehensive preparation course. Learn exam strategies and practice with mock tests to boost your confidence.

Who Should Attend?

  • Small Business Owners: Learn to manage your finances efficiently and gain insights into business performance.
  • Accounting Professionals: Enhance your accounting skills and stay updated with the latest QuickBooks Online features.
  • Finance Managers: Streamline financial operations and leverage QuickBooks Online for strategic decision-making.

Benefit from Our Expertise

Join our community of learners committed to advancing their careers and businesses through expert QuickBooks Online training. Whether you’re new to QuickBooks Online or looking to enhance your skills, our courses provide the knowledge and confidence to succeed in today’s dynamic business environment.

Enroll Today

Don’t miss out on the opportunity to elevate your skills with the most professional and technical QuickBooks Online training available. Contact us now to explore course schedules, pricing, and enrollment options. Start your journey towards mastering QuickBooks Online and driving financial success for your business!

QuickBooks Data Entry

What is QuickBooks Data Entry?

QuickBooks data entry is a crucial service offered by Fanoos Accounting Services.

Here’s what it entails:

  1. Recording Transactions:
  • Our experts meticulously enter financial transactions into QuickBooks Online.
  • This includes invoices, bills, payments, expenses, and more.
  1. Bank Reconciliation:
  • We match your bank statements with QuickBooks records.
  • Ensures accuracy and identifies discrepancies.
  1. Categorization:
  • We assign transactions to relevant accounts (e.g., sales, expenses, assets).
  • Proper categorization streamlines reporting.
  1. Data Accuracy:
  • Accurate data entry ensures reliable financial reports.
  • Helps you make informed business decisions.

By outsourcing QuickBooks data entry to us, you free up time and resources, allowing you to focus on growing your business.

Choose Fanoos Accounting for having an accurate financial system.   

In addition to the services you’ve listed, Fanoos Accounting Services can further enhance its QuickBooks data entry service with the following offerings:

Enhanced QuickBooks Data Entry Services

  1. Accounts Receivable Management:
    • Invoice Creation: Generate and send invoices to clients directly through QuickBooks.
    • Payment Tracking: Monitor incoming payments and update records.
    • Aging Reports: Produce accounts receivable aging reports to track overdue invoices.
  2. Accounts Payable Management:
    • Bill Entry: Input vendor bills into QuickBooks and manage due dates.
    • Payment Scheduling: Plan and record payments to vendors.
    • Expense Reports: Create detailed expense reports to manage and track spending.
  3. Payroll Processing:
    • Employee Data Entry: Input employee details and payroll information.
    • Pay Calculation: Calculate employee wages, tax withholdings, and deductions.
    • Payroll Reports: Generate payroll summaries and tax liability reports.
  4. Inventory Management:
    • Inventory Tracking: Enter and monitor inventory levels.
    • Purchase Orders: Create and manage purchase orders within QuickBooks.
    • Stock Valuation: Maintain accurate inventory valuation for financial reporting.
  5. Customized Reports:
    • Financial Reports: Prepare custom financial statements, profit and loss reports, and balance sheets.
    • Budgeting Reports: Develop budget vs. actual reports to track financial performance.
    • Cash Flow Reports: Produce cash flow statements to manage liquidity.
  6. Data Migration and Integration:
    • Data Import: Import data from other accounting systems into QuickBooks.
    • System Integration: Integrate QuickBooks with other business applications for streamlined data flow.
  7. Training and Support:
    • User Training: Provide training sessions for clients on how to use QuickBooks effectively.
    • Ongoing Support: Offer continuous support for troubleshooting and software updates.

Why Choose Fanoos Accounting?

  • Expertise: Skilled professionals with extensive experience in QuickBooks.
  • Accuracy: Commitment to precise data entry and reconciliation.
  • Efficiency: Save time and reduce the risk of errors with professional handling.
  • Customization: Tailored solutions to meet your specific business needs.

Contact Us

Ready to take control of your financial data with ease? Reach out to Fanoos Accounting Services for comprehensive QuickBooks support!