When starting up your own small business, you will want to make sure your accounting and finances are well managed. Although spreadsheets still work, your best bet is to use online accounting software to manage your businesses finances.
There are dozens of accounting software packages out there. Although it may seem like a good idea when cashflow is low, free options may not be the best idea and wouldn't necessarily rely on them. Some are not that great and others simply don't have the ease of use, integrations and support like commercial options do.
We use Xero for our accounting software but know there are plenty of other options available.
Share your experiences with the accounting software you have used. Can you recommend one that is better than the others?