As an independent contractor who uses portable credit card processors, you need to keep records of financial transactions and pay tax obligations as required by law. It may be a tedious task to do it manually, but thanks to accounting software, you can save yourself a lot of time, effort, and money.
Today, the best choices include Wave Accounting, AND.CO, ZipBooks, Akaunting, and GNUCash. We’ll dive into each of these so you can choose what’s best for you.
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Wave Accounting is the best free software that works both on your computer or your smartphone. The starting features are more than enough, with invoicing and income-expense trackers for personal and business accounts.
AND.CO offers a unique ecosystem for all your business functions. You can connect your bank accounts and credit cards, collect client billing, set recurring payments, and build your financial reports.
Make accounting and bookkeeping much easier with ZipBooks and its suite of reports. Its intuitive interface categorizes and color-codes everything to help you easily make sense of your reports.
Akaunting is a fully-free app with rich features like easy invoice, transaction categories, client portal, cash flow monitoring, and reports.
GnuCash is an easy to use software that allows you to track bank accounts, stocks, income and expenses. Its coding is based on professional accounting principles to ensure balanced books and accurate reports.
For more resources that can help you maximize your business, explore the rest of ProcessingCard.com!
Florence Carpenter is passionate about ensuring that the process of opening merchant accounts is as straightforward as possible. She graduated from the University of Michigan with a bachelor’s degree in Marketing.
