Business tools are any type of system, application or solution that helps a business perform better. Small business tools make running a business much easier and they’re designed to be fast and easy to use. They can help with productivity, and save time and money. Business tools can be as simple as utilising Google Drive. It can include any software for small business, file sharing programs, a mobile app, or online accounting tools like QuickBooks.

Specific types include: Accounting tools for business decision making, Task management tools, Social media, Email, Marketing automation, Meeting scheduling programs, Financial statements accounting tools, Bookkeeping tools, Google Docs, E-signatures program, Customer Relationship Management systems and more.

Accounting tools for small businesses are digital solutions which help businesses keep track of finances. Online accounting tools make it easy to determine and keep track of overhead costs, cash flow, income and expenses, and profit margins. Accounting software for small business can also assist with budget planning. This tools & templates page offers a number of free tools available online. 

QuickBooks, for example, is a tool used by businesses to help manage their accounting. It keeps track of and organises your finances, automates your bookkeeping, billing and employee hours, as well as helping you manage tax, budgets, ledger accounts, bank accounts and inventory. 

Accountants are always looking for the most effective ways to manage their client’s finances and QuickBooks is just one program they use to do so. When a client uses QuickBooks, they can share access with their accountant so that it is easier to complete monthly, quarterly and annual reporting for the tax office. Accountants may also use a project management system, a CRM, a paper-free document management system for file sharing, and a quality computer that provides fast, efficient access to online software like QuickBooks.

Accounting calculators are used by accountants and business owners, providing insights into a range of financial metrics, such as profit margins, cash flows, expenses, interest, taxes, as well as:Sales forecast, Handling fee, Retail price, Lead time, Carrying cost, Safety stock, Reorder point, Inventory turnover, Working capital and Beginning inventory.

They are easy-to-use and generally require you to collect and input relevant information (which will be explained on the specific calculator’s page) to give you a better idea of your financial position. For example, a lead time calculator helps you to calculate the lead time you need for a product. Simply follow the instructions on the relevant calculator page.

Just as business templates make life easier for business owners, accounting templates assist with the financial aspects of a business. From financial statement analysis to general ledger templates, cash flow templates to chart of accounts templates, templates are downloadable and can be customised to suit the needs of your business, from a basic bookkeeping excel template to a more substantial accounting solution. You can also import templates into your small business accounting software, such as QuickBooks. 

Free business templates can save you abundant time, but can that information be uploaded to QuickBooks? The answer is yes! QuickBooks supports importing the following information: Bank Transactions, Customers, Suppliers, Chart of Accounts, Products and Services, Invoices, Bills and Journal Entries.

You can learn more about how to import data from excel in our video guide or support page.