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Best Accounting Software In Nigeria - Used By Small And Growing Businesses by ogedanny: 10:49am On Mar 26, 2021
Find all you need to know before selecting the best accounting software in Nigeria - used by small and growing businesses for their record keeping.

Many business owners in Nigeria usually dread the rigours of bookkeeping – having to calculate and reconcile large numbers. However, since bookkeeping is not just an integral but vital part of the business, they have no other option than to get along with it or rather employ someone good at it.



Interestingly, with the advancement in technology, many accounting software has been designed to help calculate and reconcile these large accounting figures. So, with just a few clicks – you could crack difficult accounting calculations without the need to acquire finance degrees.
Therefore, many businesses have or are gradually moving from manual accounting techniques to the use of accounting software. However, the challenge now for local business startups and growing businesses is in choosing the best accounting software in Nigeria because there are various options in the marketplace.

This software would usually require some form of training to understand its workings, though some are simple and easy to use.

8 Best Accounting Software in Nigeria - Used by Small and Growing Business.
If you are looking for the best accounting software used by small businesses in Nigeria – the following will help you identify options based on your needs, industry standards so you can make an informed decision in buying the right accounting software.

These top accounting software are:
• QuickBooks
• Sage
• Tally ERP
• FreshBooks
• XeroX
• Zoho
• SAP Business One

QuickBooks

QuickBooks is one of the leading accounting software for small businesses that comes with an in-depth, extensive, flexible and easy to use dashboard. The software ranks as the first choice for many small businesses that need bookkeeping software to automate their accounting systems and processes.
QuickBooks software helps you maintain and organize your cash flow and finances, creates invoices, track expenses and monitors your profit and loss reports.
Quickbooks has three variants of its desktop applications, which are; QuickBooks Pro, QuickBooks Premier, and QuickBooks Enterprise.

Features Of QuickBooks
• Company set up – customers, vendors, inventories, multi-currencies, chart of accounts, VAT, fixed assets,, banks, report customizations.
• Accounting receivables – invoicing, WHT receivables deductions, payments, ageing summary and receivable balances.
• Account payable – vendors, WHT payables, expense processing and recurring payments to vendors.
• Banking - payments, fund transfers, reconciliations, foreign currency transactions, account statements.
• Inventory management – inventory uploads, on-hand balances, track movements and reconciliations.
• Financial reporting – general ledger, profit/loss statement, balance sheet, cash flow, budgeting, cash flow forecast and audit trail.
• Data security - local/cloud backups, automatic updates, user control and password recovery.
• Industry customizations – retail, wholesale, manufacturing, real estate, property management, constructions, procurements, consulting, project management, NGO, co-operative, financial services, etc.

Pros
• Great user interface and navigation
• Manage multiple companies without incurring additional cost (for desktop use only).
• Customizable reports
• Multi-currencies
• Generate transaction forms
• Export your financial reports to excel.
• Supports multiple users on a local network or cloud server.
• Can manage both business and personal finances

Where to Buy QuickBooks Software in Nigeria
• For desktop versions (one-off) - See Price Offers Here.
• For remote access with a cloud server (subscription-based) - contact us at bigresourcessolutions@gmail.com

Sage

Sage started as peachtree in Nigeria but it was renamed - the application was initially designed for use on a desktop computer before the released more versions to allow for remote access.
Sage accounting software helps small businesses to track sales, expenses, banking, manage customers’ data and generate reports.
Depending on users’ preference, Sage offers desktop versions which come as Pro, Premium or Quantum and the cloud version; Sage Business Cloud or ERP.
Interestingly, users can decide on the core modules they want in Sage, depending on their line of business but would be required to pay an additional fee to have it activated. This is where QuickBooks seems to have an upper edge in the small and growing business market compared to Sage.
On the other, Sage comes in handy for established business or enterprises looking for a complete package that integrates all the departments into a central system - from sales, purchases, banking, finance, to human resources. Besides, it can integrate with Microsoft 365 to create a hybrid, balanced accounting solution. It helps to manage cash flows, performance analysis, boost sales, and gives access to various available tax structures.

Features Of The Sage Accounting Software
• Invoice Tracking – It helps businesses track sent invoices that show the ones that are overdue and the ones that are not yet paid.
• Banking – You can monitor all cash flows into your bank, match them to your invoices, this gives real-time receivable balances and make the month-end reconciliation process easy.
• Expenses: You can also record all payments for services rendered or product supplies.
• Reports – which include; profit and loss, account payable, trial balance, sales revenue, sales tax, balance sheet, general ledger, stock movement, receipt, and payments.
• Support – Users can access support from an online community that can provide answers to important questions.

Pros
• Great customization
• Can be upgraded to higher versions
• Connects with over 100 apps
• Has a strong and reliable inventory management feature

Where to Buy Sage Software in Nigeria
• For desktop version (one-off) - See Price Offers Here.
• For setup and deployment - send a mail to bigresourcessolutions@gmail.com

Tally ERP

The Tally ERP accounting software is complete management software that helps to manage a wide range of business-related ventures. It comes as a Silver Edition which is limited to a single user or Gold Edition that allows multi-users to access central data on the server.
The Tally ERP software is recommended for small and medium-sized organizations. It promotes remote usage which is user-friendly, fast, and easy to use. Also, using the software makes it easy to find qualified personnel.

Features of Tally ERP
• Credit management
• Interest calculation
• Accommodate several companies
• For unlimited cost and profit centres
• Sales management and purchase management – Invoicing and order management
• Accounting and finance management – Balance sheet
• Payroll management – Pay structure, attendance, the profile of employees, and reports
• Audit and data security
Pros
• Easy to use interface
• Support several languages – making it convenient for users to use in their preferred language
• Accounts can be accessed remotely through the use of the Tally.net
• Comes with less risk error

View More Top Selling Accounting Software in Nigeria for Small and Growing Businesses.

2 Likes

Re: Best Accounting Software In Nigeria - Used By Small And Growing Businesses by Saurabh6200: 2:08pm On May 08, 2021
Hey,
If you search for the best online invoicing software, I know you are confused about choosing the best software out of many for your business.
No need to worry! When I started my own business, I was also very much confused & went through the same dilemma as yours. But after lots of suggestions and research, I found two software (Invoicera & Freshbooks) very compatible with my business needs.
Now, Question Arises
Which is better, Invoicera Or FreshBooks?

Invoicera helps users simplify and automate business processes & facilitate communication with payments, Online Invoicing, expense management, recurring/subscription, billing, time tracking, client/vendor panels, workflows, multi companies, multi-currency support, etc. Invoicera also helps users integrate with existing legacy systems and customize the billing/Invoicing process as per your business needs.

Free plan- yes, they have a free plan for forever with three clients only

Paid Plan: $15 for 100 Active clients, $29 for 1000 Active clients, $149 unlimited clients.
Features:
>Create Invoices from anywhere
>Easy account management
>Send multiple invoices in one go.
>Access at any time
>Three-layer security
>Track your expenses
>Customized templates
>Get your payments faster with multiple payment gateways.
>Ar & Ap management
>Automatic Payment Reminder

Main Focus: [/b]They focus mainly on small businesses, enterprises, and freelancers.
Learn more about Invoicera: https:///3xU4dKJ

[b]FreshBooks:

FreshBooks generates invoices like a professional. Users can customize their invoices to match the style & message for business. Late fees, automatic reminders make FreshBooks a good option for both small business owners & freelancers.
Free Plan: No, As users have to pay for the plan after the 30 trial days.

Paid Plan: $15/month for one user & five clients; $25/month for one user & 50 clients; or $50/month for one user & 500 clients.

Features:
>Create Invoices, estimates, & sales receipts easily.
>Tracking projects makes life easy
>Project Management helps to track your project.
>Scheduling payments save time.
Focus On: More on Freelancer
Learn More about FreshBooks:
If you ask my opinion, I recommend Invoicera over Freshbooks because it has lots of amazing features and is also available in the free version.
Learn more about FreshBooks: https:///3uzOWwO
These are the comparisons between the Invoicera and Freshbooks software in the world of invoicing. I hope this information will be beneficial for you.

1 Like

Re: Best Accounting Software In Nigeria - Used By Small And Growing Businesses by Ahana84: 12:40pm On Jun 15, 2021
HI,

In the market, various software is available for invoicing but it's important to know the best.

when I started my business it also getting hard for me to handling my accounts doing manual invoicing, so started finding any software which helps me with my invoices.

and luckily I found INVOICERA - This software automates your business process and communication with online invoicing, recurring billing, client/vendor panels, time tracking, and more.

just visit the website and know more about software. It's great!
www.invoicera.com

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