17 Tools To Amp Up Your Accounting Skills

As an accountant, you’re responsible for managing finances and ensuring that financial records are accurate. But your job doesn’t stop there. To be successful in your career, you need to continuously develop your skills and knowledge. Click here if you are looking for an accountant. 

 

No matter what business you’re in, accounting is an essential skill. Whether you’re keeping track of inventory, monitoring expenses, or preparing financial statements, being able to do basic accounting can save you a lot of headaches.

 

But if you’re not a natural accountant, don’t worry – there are plenty of tools out there to help you get the hang of things. 

person using MacBook Pro

Here are 17 of the best:

1. Microsoft Excel 

 

Every accountant needs to be proficient in Excel. It is the most commonly used spreadsheet program and is essential for financial modelling, data analysis and presentation.

2. QuickBooks

 

QuickBooks is popular accounting software used by small businesses. It allows you to track sales, expenses and invoices all in one place.

3. Xero

 

Xero is online accounting software that helps small businesses manage their finances. It includes features such as invoicing, expense tracking and bank reconciliation.

4. Sage 50cloud Accounting

 

Sage 50cloud Accounting is a desktop accounting software that offers features such as invoicing, cash flow management and financial reporting.

5. FreshBooks

 

FreshBooks is online accounting software that helps small businesses manage their finances. It includes features such as invoicing, expense tracking and time tracking.

6. MYOB AccountRight

 

MYOB AccountRight is a desktop accounting software that offers features such as inventory management, job costing and financial reporting.

7. Wave Accounting

 

Wave Accounting is free online accounting software that helps small businesses manage their finances. It includes features such as invoicing, expense tracking and bank reconciliation.

8. ZipBooks

 

ZipBooks is online accounting software that helps small businesses manage their finances. It includes features such as invoicing, expense tracking and project management.

9. Kashoo

 

Kashoo is a simple, easy-to-use accounting software program that’s perfect for small businesses and individuals. It offers features like double-entry bookkeeping, expense tracking, and invoicing.

10. Mint

 

Mint is a personal finance tracking app that can be used for budgeting and accounting purposes. It offers features like bill pay, account balances, and transaction history.

11. TurboTax Self-Employed

 

TurboTax Self-Employed is an online tax preparation service specifically designed for freelancers and contractors. It offers features like income and expense tracking, tax deductions, and quarterly tax estimates.

12. CPA Center of Excellence

 

The CPA Center of Excellence is an online learning platform that offers courses and resources specifically for CPAs. You can take advantage of free resources, such as webinars and articles, or enrol in one of their many Courses & Specializations.

13. American Institute of CPAs (AICPA)

 

The AICPA is the world’s largest member association for CPAs. As a member, you’ll have access to exclusive resources and benefits, including educational courses, publications, and networking opportunities.

14. National Association of State Boards of Accountancy (NASBA)

 

The NASBA is a national organization that provides support and resources to state boards of accountancy. As a member, you’ll have access to their vast library of resources, including webinars, whitepapers, and online courses.

15. Association of International Certified Professional Accountants (AICPA)

 

The AICPA is a global association for CPAs. As a member, you’ll have access to resources such as educational courses, publications, networking opportunities, and much more.

16. Institute of Management Accountants (IMA)

 

The IMA is the world’s leading organization for management accountants. As a member, you’ll have access to resources such as educational courses, publications, networking opportunities, and much more.

17. National Association of Certified Public Bookkeepers (NACPB)

 

The NACPB is the national organization for certified public bookkeepers. As a member, you’ll have access to resources such as educational courses, publications, networking opportunities, and much more.

 

No matter what your accounting needs are, there’s sure to be a tool out there to help you. So get started today and take your accounting skills to the next level!

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