Your iPhone is a not just for fun, it is a great business tool. Your business may not happen all in one place and time. Here are some of the best iPhone apps for business finance and accounting so you can keep on top of your business's finances no matter where you are or what time it is.
When customers review the QuickBooks Mobile App, they make comments like, "Life-changing." If you have the QuickBooks iPhone App, you just may not have to go to the office. This business finance app is necessary for any business person who handles the finances and accounting for the company. QuickBooks Mobile is connected to QuickBooks Online.
QuickBooks Mobile can be used to create and edit customers, invoices, sales receipts, and estimates. Your data is then immediately available in QuickBooks Online. If you are visiting a customer, you can prepare an estimate or an invoice on the spot.
If you prefer to do your small business financial management and accounting online, the FreshBooks iPhone app makes it easy. FreshBooks is known for its ability to streamline the invoice process. It makes it quick to make expense reports and track time in addition to creating invoices electronically.
FreshBooks has a very good online accounting program, as well, if you want to use a free accounting software program.
Oracle Business Approvals for Sales Managers is an incredibly helpful app that may not, at first glance, sound like it is for small business financial management but it certainly is. Sales managers can, on the go, review sales quotes and endorse or decline them. They can also review expense reports, sales forecasts, and purchase orders.
I use Shoeboxed in my own business because it makes managing receipts from business expenses manageable. It is a life-saver at tax time for small businesses as all your business receipts are in one place. You take a picture of your receipt, organize it in your Shoeboxed account, and store it online.
You can also use Shoeboxed for contact management. You can take a picture of business cards and store them for online contact management.
Square is a great iPhone app for businesses on the go. In my opinion, it is one of the best apps for mobile credit card transactions. Square gives you a free credit card reader; in fact, the app is still free where many free apps have gone to a pay model. Transactions are credited to your account the next day. The charge is 2.75% for each credit card swipe and you do not have to have a merchant account.
Intuit GoPayment is the mobile credit card transaction app associated with QuickBooks. It obviously was developed to compete with Square. Like Square, GoPayment is a free app with a 2.75% swipe fee. The keyed-in rate, however, is higher. The credit card reader is small and free. If you use QuickBooks as your accounting software, you can sync GoPayment with it.
How would you like to do your payroll from anywhere and on the go? SurePayroll allows you to do that. The app is free but you have to have a SurePayroll account to get full access. You can pay your salaried, hourly, and contract employees. You can also enter all the earnings, deductions, hours worked, and any other payroll data. You can also run summary reports and keep track of miscellaneous data.
InDinero is a pretty awesome iPhone app which works with other apps like FreshBooks. It claims to be the Mint.com for small businesses. Some call InDinero a financial dashboard. Most people call it just plain good. InDinero pulls your bank and credit card statements, no matter how many, from your banks. There is no need to shoebox receipts due to this feature. InDinero puts your expenses in the proper categories for you immediately.
InDinero prepares financial reports like profit and loss statements for you, including some financial forecasting. Last, but not least, InDinero tracks your spending habits every month and reports back to you and allows you to set up a budget.