Finance

Finance Tools

In simple terms, the purpose of a business is to make money (unless it is a non-profit or charitable organization), besides value addition to customers, realizing passion, helping people etc. If the business is not making money sooner or later, everything else will fade away. That is the hard reality. Period.

It is important that the money is managed well; especially for small bootstrapped business. As a business owner, at a minimum, you will need to watch the cashflow, oversee timesheets, billing and invoices and track payments.

Selection Considerations

  • FREE or low cost SaaS

  • On the cloud

  • Maximum automation

Accounting

Wave Apps

WaveApps is a FREE accounting tool. Good for the small business to start with.

Though it is free, it has rich features in account keeping and reporting.

Get started with https://www.waveapps.com/

If you are looking at querying and posting data from Google Sheets with WaveApps, you can use Sheet Director.
Check step by step guide for the instructions to integrate Google Sheets with WaveApps.

👍This is FREE

QuickBooks Online

QuickBooks Online from Intuit is an all-in-one accounting system for bookkeeping, inventory management. payroll, payments, time tracking. It is a very popular online tool for managing accounting for businesses.

Get started with https://quickbooks.intuit.com/

If you are looking at querying and posting data from Google Sheets with QuickBooks Online, you can use Sheet Director.
Check step by step guide for the instructions to integrate Google Sheets with QuickBooks Online.

Timesheets, Billing and Invoicing

Clockify

This is a free tool and great to start with for small businesses.

This is probably the only time tracking software that works with blanket license price irrespective of the number of users

Get started at https://www.clockify.me

step by step guideIf you are looking at querying and posting data from Google Sheets with Clockify you can use Sheet Director. Check step by step guide for the instructions to integrate Google Sheets with Clockify

👍This is FREE

HubStaff

Hubstaff is a paid service for time tracking and productivity improvement software.

We found this to be a useful tool for remote working.

Get started with https://www.hubstaff.com

Payment Solutions

PayPal

PayPal is online payments system available in the majority of countries that support online money transfers. Registering and getting on to PayPal is simple to cover payments from a long list of countries.

Get started with https://www.paypal.com

Stripe

Stripe is another online payment system that emerged recently comparing to PayPal. Its vibrant GUI and developer-first approach is popular among ISVs and SIs

Get started with https://www.stripe.com