Running a small business is hard work.
There are so many things to keep track of, from marketing and sales to customer service and accounting. That’s why it’s so important to have the right tools to help you manage your finances.
Two great accounting software options for small businesses are Xero and Hnry. Both platforms offer a variety of features that can help you streamline your bookkeeping, stay on top of your taxes, and make informed financial decisions.
Xero
Xero is a cloud-based accounting software that’s designed to be easy to use. The interface is simple and intuitive, and the software offers a variety of features that can help you automate your bookkeeping tasks. For example, Xero can automatically import transactions from your bank account, categorize them, and create invoices. This can save you a ton of time and effort, so you can focus on running your business.
In addition to its bookkeeping features, Xero also offers a variety of other features that can help you manage your finances. For example, Xero can help you track your expenses, create budgets, and generate reports. This information can help you make informed financial decisions and ensure that your business is on track financially.
Hnry
Hnry is another cloud-based accounting software that’s designed for small businesses. Hnry is a bit more specialised than Xero, as it’s specifically designed for self-employed professionals and freelancers. However, Hnry still offers a variety of features that can be helpful for all small businesses.
One of the standout features of Hnry is its automated tax compliance. Hnry can automatically calculate your taxes based on your income and expenses. This can save you a ton of time and hassle, as you won’t have to worry about filing your taxes yourself.
In addition to its automated tax compliance features, Hnry also offers a variety of other features that can help you manage your finances. For example, Hnry can help you track your expenses, create invoices, and generate reports. This information can help you make informed financial decisions and ensure that your business is on track financially.
Which Accounting Software is Right for You?
So, which accounting software is right for you? It really depends on your individual needs and preferences. If you’re looking for a simple and easy-to-use platform that can help you automate your bookkeeping tasks, then Xero is a great option. If you’re a self-employed professional or freelancer and you’re looking for a software that can help you with your taxes, then Hnry is a great option.
Ultimately, the best way to decide which accounting software is right for you is to try both platforms and see which one you prefer. Both Xero and Hnry offer free trials, so you can take them for a spin without any risk.
To discuss what works best for you and your business talk to an advisor today.
This blog is a part of our WOMEN’S BUSINESS Series.
If you would like to learn more we have some up and coming workshops
The Realise Business team is adept at stepping in at all levels to meet business financial requirements. Our team has experience in managing finances for a wide range of industries. As a result, we can devise a tailored financial plan for a new business. If you would like to know more, get in touch.
