We’ve blogged about different account and finance aggregation tools before, but we came across a new one that we thought we should share. Outright.com is an “aggregator” type site, just like some of the more popular personal finance ones, however, their focus is mainly on small business owners who are looking for free online accounting software. Here are a couple of relevant notes:
One of the major benefits is not having to type things into Quickbooks or another software program. Outright downloads all your transaction data making it easy for you to do your own accounting. No more paying hundreds of dollars for a bookkeeper!
Another nice feature is the reporting. In one or two clicks, you can view your entire firm’s P&L, Balance Sheet or any other financial report. In just seconds, you can get an accurate and up-to-date snapshot of exactly where your money is and where it’s been going.
The biggest benefit for small business owners comes around tax time. Most people think taxes are due only once per year, but we business owners know the truth! The tax-man comes four times a year – and preparing and planning for his arrival is quite time consuming. Using Outright makes that less painful.
Overall, Outright.com is worth taking a look at. They have a free trial so go give ’em a try!