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BooksTime doesn’t really have any attributes that set it apart from the competition. The navigation is simple, the forms are simple, and everything can be accessed in just a click or two. Out of all the software I’ve reviewed, I think it’s the easiest to learn.

BooksTime has geared its software to the needs of small businesses and was “designed for business owners. Not accountants.” The software’s features cover the needs of some small businesses, especially those looking for a basic, easy-to-use accounting solution with excellent customer support. BooksTime offers a series of features to help with your accounting needs. BooksTime’s BooksTimeive interface makes tracking expenses, sending invoices, and generating reports easier than ever.

Other sites also make historical invoice data available from the actual data-entry screen. Not every small business accounting service offers project tracking. You simply enter a name and description, and then assign projects to transactions where applicable. This tool isn’t as sophisticated as BooksTime Online’s, but it can be useful if you’re keeping a close watch on basic project costs. BooksTime doesn’t offer a step-by-step setup wizard like some sites do, but if you work your way through the Settings menu, you can easily lay the foundation for your records and transactions. You first enter descriptive information about your company, supply invoice details, and provide information about sales taxes you need to charge customers. You also enter your login information for your financial institutions so that you can set up bank feeds and import transactions.

What Support Does This Vendor Offer?

The BooksTime accounting software has become popular among small business owners because it is so easy to use. It offers a number of powerful features, including streamlined invoicing and an BooksTimeive dashboard. BooksTime is a cloud accounting software that helps small businesses manage their finances. It offers a number of powerful features and is easy to use for both businesses and accountants, but there are still some limitations. The BooksTimeive platform automatically posts each transaction in the ledger to eliminate tedious tasks for business owners. This automation of the accounting process saves the accountant time and money, while also providing more accurate accounting in the long run.

The reasonable thing to undertake would be to take note of the numerous main factors which call for a careful thought such as critical features, packages, skill competence of staff, organizational size, etc. After which, you must follow through the product research thoroughly. Read these BooksTime reviews and look into each of the solutions in your list in detail. Such well-rounded product research ascertains you avoid ill-fitting applications and buy the system that has all the aspects your company requires. assets = liabilities + equity BooksTime tracks through real-time reports – income, expenses, accounts receivable, accounts payable, etc., complemented with plenty of integrated apps to help you with anything from payroll to invoicing. However, leveraging solid small business accounting software can be one of the best decisions you’ll make as you grow, and we want to help you select the best option. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site.

The accounts you connect will be shown on your home screen and will populate the items listed in your inbox. Setting up charts of accounts is simple if you’re familiar with the process, and it’s easy to add new users. There are also some very handy tutorials to walk you through some of the basic functions. If you’re a complete novice at accounting software, it may take you some time to get accustomed to the interface and its features, but once you get the hang of it, it’s smooth sailing.

I Started This Business Yesterday I Need Help Sending An Invoice

If you are not sold on BooksTime, here are a few of the best alternatives available that mimic some of the same features and functionality BooksTime can offer. If you are considering BooksTime it could also be sensible to check out other subcategories of Accounting Software collected in our database of SaaS software reviews. The ability to check on the status of cash, receivables, and payables from anywhere is a critical business need. When other businesses say, “Brace yourselves, tax season is coming,” you’ve got nothing to fear because you’ve got the greatest asset on your side.

This provides you with a quick view of all transactions, which can be sorted and edited as needed. If you don’t connect any bank accounts, the Inbox will remain empty. Just released in the spring of 2020, BooksTime 2.0 includes a completely updated user interface that looks sparkling new. BooksTime 2.0 includes all of the features found in the previous version, including bill payment, contacts, accounts, and taxes, with all features completely updated. Alternatives Looking for a different set of features or lower price point? Accounting Accounting software helps manage payable and receivable accounts, general ledgers, payroll and other accounting activities.

The mobile app includes an offline version, but you’ll need to wait for a connection to sync your data. Through BooksTime’s quick-entry feature, you’ll be able to enter any data in just one click and survey it all at once on your screen.

Accounting Software

Wave provides a single platform that can be accessed from any device. Similar to BooksTime, the interface is easy to use and it allows for seamless integration with other important apps that many use to run a business. It also what are retained earnings offers real-time customer support and syncing across devices with a reliable mobile application. The advanced plan is best for scaling or growing small businesses that need inventory management and multiple user licenses.

These include the option to save the current invoice and create a new one, save and exit the invoice feature, preview and send, view the invoice prior to sending, or create a duplicate invoice. Registers for financial accounts and all of the reports found on the website are also accessible from the home page.

Mobile BooksTime And The Future

Meanwhile, the Transactions list is the perfect way to keep track of business movements, while you can also categorize items such as miscellaneous expenses yourself. Crucially BooksTime is able to work out your taxes based on the information it gets and everything gets nicely collated at the end of the trail. In fact, BooksTime takes just a few minutes to sign up and get started. Additional data input can be done as you go, and being cloud-based it all gets stored safely and securely for you to dip into whenever it is most convenient.

In addition to automatic reconciling, BooksTime also provides OCR and matching for receipts. Simply drop an image of a receipt in the Inbox and BooksTime will automatically match it to a transaction. The platform also includes smart Invoicing that will match deposits and payments to customer records. BooksTime constantly emphasizes that whenever you BooksTime Services need support, you will get completely free of charge help from an actual human being. To be honest, this is funny and sad at the same time, but it clearly shows that, unlike certain big companies, this one treats its customers well. This is a unique feature of BooksTime with which you can easily create checks with two different templates.

• There’s also no inventory, no ability to attach items to invoices, and no add-ons beyond Payroll.
• The navigation is simple, the forms are simple, and everything can be accessed in just a click or two.
• The ability to check on the status of cash, receivables, and payables from anywhere is a critical business need.
• The site’s invoice and bill data-entry screens are accessible through individual entries in the navigation pane.
• The Lists feature in the older version of BooksTime has been replaced by a Contacts feature.
• If you opt for the month-by-month subscription plan, BooksTime will cost $19.95 per month, totaling $239.40 for a single year.

BooksTime lets you send invoices, setup credit card payments, and provides easily digestible reports. The easy-to-use platform is completely online and is designed for use by business owners, not accountants. The company offers BooksTime, an online accounting software to track expenses, send invoices and manage business finances. BooksTime’s major revamp, as I’ve explained, is not yet complete, but users can toggle back and forth between the two versions, using the same data. The final version is expected to include, among other things, a more standard dashboard, custom reports, and streamlined sales tax management. As it stands now, BooksTime is a good value for the $19.95 per month it costs, thanks to its excellent interface, project cost tracking, all-in-one mobile app, and integration with SurePayroll.

BooksTime Customer Service

What is bookkeeping software has many features that are helpful to small and medium businesses. BooksTime often targets freelancers in their advertising efforts, but they fail to provide important tools like time tracking. As a small business owner, it includes everything you need to successfully improve your accounting efforts but is outdone in key areas compared to competitors. Overall, BooksTime is reliable and affordable for most of the basics and a few double-entry accounting needs.

Users seem to enjoy BooksTime’s simplicity and that they don’t need an accounting degree to use bookkeeping software. To see whether or not the pros outweigh the cons for your own business, continue reading. If you need help using the software, you can reach customer support by phone, email and live chat, Monday through Friday, from 6 a.m. It has a searchable knowledgebase, weekly webinars, live workshops, step-by-step guides and a blog. From the Business Settings menu, you can turn on the Projects feature to track costs and income for specific clients or projects.

This means that all employee hours and pay can be tracked in one place. The visual dashboard is where you can manage everything important related to the financial health of your business in one place. It is extremely easy to navigate and customize to simply your overall experience.

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You can customize your invoices by selecting one of the seven templates and uploading your logo. However, there are no options to change the color or font or to toggle fields on and off. More extensive customization, such as adding more fields, requires XHTML and CSS coding.

Payments processed with BooksTime will automatically sync with your Square account. You’ll be able to locate your payment history in the Transactions section of your online Square Dashboard. Learn more about viewing and downloading your Square payment history online. BooksTime is designed to be simple and has several tools to help you accomplish your accounting tasks quickly. While there is not a payroll feature in BooksTime, it does offer complete integration with Sure Payroll. A mobile app for iOS devices is available, but if you’re an Android user, you’re out of luck. It also offers accountant access, multi-currency capability, recurring invoices, and export capability to BooksTime and other applications.

While the software does get some things right, BooksTime has a long way to go before being a fully-featured small business accounting solution. The software doesn’t provide estimates or time tracking, and there are limited reports, integrations, and invoice customizations.

Using machine learning, BooksTime categorizes and reconciles expenses and simplifies tax time for small business owners. Although the support is not fully 24/7, you have every single option to contact the site. However, if you prefer the more “classic” methods, you can send the company a letter. Other than the types of support listed above there is BooksTime U, which is a well-detailed knowhow of accounting. It serves as a sort of FAQ that answers all your questions and gives you advice on how to manage your professional business.