Sunday, May 27, 2012

10 Quality iPhone Apps for Accounting

Technology is making accounting more fun lately, and aside from the major development accounting has experienced thanks to the internet, I think one area that needs more attention is in regards to accounting apps.

Almost everybody has a mobile today, and there are at least a billion smartphone users in the world today.

The iPhone is everybody?s favorite smartphone, and I think that makes sense since it has a large market share in the US.

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Here are 10 quality iPhone apps you should check out for better accounting.

1. Easy Books

Cost: Free

Size: 2.5MB

Easy Books is a professional invoicing and book keeping app for the iPhone, and it is especially ideal for individuals and small businesses.

With an in-built calculator, prefilled forms, and common linked accounts based on your previous entries, Easy Books is an iPhone app that makes it easy for you to manage your finances.

If you want accuracy and security, and if you want speed and ease, Easy Books is an app you should check out.

Here are some features of Easy Books that makes it a must check out!

  • It allows you to lock your data with a password in the case that you want to borrow someone else your phone
  • It gives you full package that not only maintains accounts, but that also enables regular reporting
  • It allows you to import and export data directly from the app
  • You can add your sales and purchase VAT amounts, and Easy Books automatically calculate your taxes for you
  • It enables time-tracking so you can accurately charge for your time when working for customers

2. Quickbooks Mobile

Cost: Free

Size: 5.3MB

You?re probably familiar with Quickbooks if you?re an accountant, right?

If not, Quickbooks is the number one accounting software that makes it easy to keep accounts digitally without the hassles that comes with doing it physically, and this app is for its iPhone users.

Quickbooks is a premium service that you have to pay for, but you?ll get this app for free if you already have an account with them.

3. Xero iPhone app

Cost: Free

Size: 1.4MB

If you?re into the world of accounting, the Xero iPhone app is a must have.

Having a solid invoicing system is very important for business professionals, and with Xero you no longer have to worry about relying on the internet or doing everything with a computer.

This app is invoicing for the iPhone, and it also makes it easy to view and keep track of your bank and credit card accounts.

What I love most about this app is that it integrates easily with other popular systems like Highrise, Basecamp, Paypal and others.

4. Tax Touch

Cost: Free

Size: 0.6MB

If you?re in the UK and want the latest info about taxes and accounting, this app from Ward Williams is exactly what you need.

5. BillTracker

Cost: ?1.99

Size: 2.2MB

It could range from mobile bills to car bills, but one thing is for certain, we all have bills to pay.

With a well designed interface and a sophisticated internal database, BillTracker makes it easy to manage and pay your bills.

It helps you track each bill via the due date, the amount, the bill number and also payment confirmation, and it makes it easy for you to protect your data via a password.

BillTracker also makes it easy for you to manage recurring bills, and it has a feature that helps you export your data to CSV for future use.

6. iExpenseIt

Cost: ?2.99

Size: 8.8MB

Have you ever wondered why you?re always in debt?

If so, this app might help you answer that question. If not, you probably still need this app.

iExpenseIt, ranked one of the best iPhone apps by CNN Money, Laptop Magazine and PC World is probably one of the best apps out there for getting out of debt.

iExpenseIt helps you keep track of your daily expenses and monthly budgeting; this app is designed to ensure you never go beyond your budget, and it has a lot of features to keep you hooked.

A few major features of iExpenseIt include its PDF reporting, password lock, and mileage tracking features.

7. Moneywell

Cost: $9.99

Size: 5.6MB

Knowing where your every dollar is spent is the key to getting out of debt, and being able to stick to your budget can also make a difference.

The problem is that we now live in an age where it is easier than ever to go into debt, and where trying to figure out how you spend your dollars can the stressful and time consuming. Purchasing that new gadget is as easy as pulling out your credit card, even if you don?t need it.

Moneywell is an app that helps you keep track of your expenses while at the same time letting you know where you are in regards to your budget.

Unlike most accounting apps, one thing that makes this app stand out is its unique interface.

8. ExpenSense

Cost: $0.99

Size: 4.4MB

ExpenSense is a full-fleged accounting and personal finance app, and one every accountant or anyone that wants total control of her finances should have.

It doesn?t matter whether you want to transfer money across two accounts, or whether you want to keep track of your income and expenses. It also doesn?t matter whether you want to manage or analyze your debts and asset, this app is for you.

This app can be your own mini accountant, on your iPhone, and it costs less than a cent.

9. Accounts Checkbook

Cost: $1.99

Size: 2.0MB

If you want full control of your accounts on your iPhone, this app is for you.

With this app, you can easily review your income and expenses, on by category or summaries, and it also enables you to view every detail in a neatly organized graph.

This app is also very unique in that it is one of the few accounting apps that allow you to search your transactions, reports or data.

10. Debt Snowball Pro

Cost: $2.99

Size: 0.8MB

Are you in debt and want to pay off your debts as soon as possible?

This app is for you!

Simply input your debt amount, balance, interest rate, and monthly payments, and this app will help you calculate it and show you the best way to pay off your debts.

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