Top Low-cost Alternative to QuickBooks
The cost plays a vital role in selection any accounting software, hence in this blog we are providing you with a detailed guild on few cheaper alternatives to QuickBooks that you can consider, these options are not only easy to understand but also provides numerous features to choose from, let us now look to the best alternatives to QuickBooks.
Odoo
The first alternative you can consider is Odoo which is an open-source ERP software especially designed to cater various business needs, the software provides a complete set of modules that helps you grow your business and achieve you desired vision.
Key Features
Automated invoicing payment tools that help the user to follow-ups and easily manage the function.
Oddo helps the user with financial tracking that allows the employee in expenses and reimbursements functions.
In-detailed financial reports are generated with data-driven insights for your business’s performance regulation.
Bank Synchronization is another feature provided by Odoo accounting to track transactions and reconcile accounts.
Odoo provides multi-Currency support, that is ideal for international businesses owners.
Odoo customized modules
Price
Odoo provides two versions, hence it has two different price structure for each one therefore the community version is absolutely free of cost with various available features and modules on the other hand the Enterprise version of Odoo has the two main pricing models:
Cost Per User which means the cost of Enterprise version charges with the number of users and the updates per month within the framework, the cost is approximately $28 per user per month in USA, which and be reduced if the user doesn’t go for extensive customization the plan is advertised as $24 per user initially for first-one month.
Cost of Applications/modules, the structure of this plan totally depends on the needs of the user as if the plan ask for specific applications and module in their process, the price will be on the higher side whereas if the user choose to go with normal number of modules and application the price of the plan will be economical, this option allows the user to have a more tailored approach as they can make the choice totally depend on their requirements this plan also save up the extra cost for the business.
Plooto
Plooto is an all-in-one platform, that do not follow the traditional accounting software methods, plooto works on managing every aspect of your business account and can be considered as a prefect alternative to QuickBooks. The software allows to set-up quick and easy automated functionalities that helps the user to get payment through various platforms.
The key features of plooto includes:
Plooto provides 150,000 plus vendor community
Have an easy-to-use interface
Seamlessly connect with various bank accounts
Provides account automation that helps the user to save time and decrease the chances of errors.
Provide strong vendor network
Extensive document capture tools
Quick integration
Price
Plooto works on various plans such as plooto pro which starts from $32 per month with unlimited approvers and account accessibility, the pro version cost about $499 monthly, the plan includes user management tools, SSO support and much more.
Zar Money
Zar money is another accounting software that provides a free trail before actually committing to it. The software is considered as an affordable software solution especially designed for the small to medium scale industries, zar money also includes various account banking tools that help the business to ease out their financial monitoring. These tools are account management, tax assistance and bank connectivity through ACH payment process. The software also helps the user to understand the interface better with a wide variety of tutorials and seminars.
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The key features of zar money includes:
Real-time tax assistance
Quick and easy cash management tools
In-depth billing and invoice generation
Advanced ACH payment
Extensive database management
Price
The Zar money provides three price structure to the users, which makes it easy for the user to choose the one that goes well with their needs and requirements. The entrepreneur plan starts with $15 per month that goes up with the additional features and customization, the two other plans are termed as small business plan enterprise business plan that starts for $20 per month to the most expensive one goes Upto $350 per month.
Kashoo
If you are an entrepreneur and searching for a good and affordable alternative to QuickBooks, Kashoo can be a perfect option as the software provides an easy-to-understand interface with a wide variety of features like invoice generation, management, automated bill, analyses and much more.
The key features of Kashoo includes:
Quick invoice generation
Bill management and integration
Real-time account tracking
Easy report generation
Price
Kashoo software divides the price into two structure as truly small accounting which is especially designed for the small-scale business and starts from $216 per year with limited features and user accessibility, the pro version starts from $324 per year with unlimited user accessibility.
Lastly the user searching of cheaper alternatives to QuickBooks can opt for any of this software, but if you really want to change your ERP game consider using Oddo as your accounting software as it is a versatile choice that can benefit the user in the long term without additional cost, the user should also work on searching a ERP partner that will further add up the benefits of the software.
FAQs
What is similar to QuickBooks but cheaper?
We recommend Odoo as a cheaper and best alternative to QuickBooks as the software offers community edition can also be termed as the main edition on which the open- source enterprise software Odoo depends on. The Community Edition of Odoo is completely free of cost.
What are the disadvantages of QuickBooks?
QuickBooks’ disadvantages include the cost consideration factor as the software average package starts from at around $25 per month which goes up with every additional feature and software integration. Also the complexity can be another merit of QuickBooks.
What are the versions Odoo offer?
Odoo Community and Odoo Enterprise.
Does Odoo offer multi-currency support?
Yes, Odoo offers various functionalities like invoice generation, billing, and maintaining the transactions record in multiple currencies.
Which QuickBooks alternative is best for unlimited users?
Odoo stands out as the best alternative for users in varies sectors, also it allows unlimited users access at once, unlike QuickBooks.
