I get asked a lot about products I suggest for businesses so here are some of my top choices. Selecting a software solution(s) isn’t one size fits all, so I’d suggest chatting with a CPA who can help you determine if these solutions will handle exactly what you need before diving into implementation.
Taking Credit Car Payments: Square
It’s easy to setup, works easily and can accommodate appointments, point-of-sale, invoicing, customer installment plans, a simple online storefront, and appointment booking. Fees are competitive and the deposit schedule is great.
Cloud Accounting Software: Xero
All the features most people need with pricing comparable to QuickBooks, but it includes payroll if you need it without additional fees (looks like this is changing beginning in 2019, a partnership with Gusto for a full service offering is being implemented). Integrates well with Square and has bank linking that works the best of anything I’ve tested. Lastly it has reasonably priced add-ons for things like job-costing if you are a custom manufacturer.
Desktop Accounting Software: QuickBooks Pro (Desktop)
Once you know what you are doing inside Intuit’s desktop software it is hard to beat in terms of functionality and the speed of working on a locally installed software. For price/functionality it is a go-to choice. Some specialized industries will need add-on’s or a different solution entirely, but for a large percentage of clients this is a good choice if you don’t need the flexibility of a cloud product.
Payroll: Does it integrate easily?
Here it depends on what accounting solution you pick. Xero is integrating with Gusto, Intuit/QuickBooks has a variety of options and pricing tiers that integrate with their solutions and even the tried and true companies like ADP have ways to integrate with your software. My preference is the one that reduces overall end user workload and opportunity for mistakes.
E-Commerce Platform: Shopify or SquareSpace
There are a lot of great tools for this, these two options will do the trick for a lot of businesses but there are other great choices. The big issue here is finding something that will help you stay compliant in the multi-state tax world where states are gaining better legal grounds for collecting sales tax from out-of-state sellers. This can be a compliance nightmare for small businesses so make sure you plan this step carefully!
Clover (POS/Credit Card)
Sage 50 (Desktop)