Businesses of all sizes should be using accounting software to manage their bookkeeping and accounting, and keep their financial information organized. And many are. But we’ve seen that not all businesses choose the right type of accounting software for their business. Picking software that is the wrong fit for your company could mean wasting money on features you don’t need, or struggling to manage complex finances in a platform that’s too simplistic. So what is the “right” accounting software for startups?
Many early stage startups use spreadsheets as DIY accounting tools to handle their first transactions. Spreadsheets are inexpensive and easy to use, but they are not a type of accounting software and they can only handle very basic finance records.
