Accounting
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Blog
Best Accounting Software for 2025?
Here’s my comparison of Xero vs Sage and determine which software suits your business’ accounting and financial reporting needs. Xero and Sage are both cloud-based accounting software that help small businesses and accountants manage invoicing, bank reconciliation, financial reporting, and day-to-day bookkeeping. Xero is known for its modern, intuitive interface and wide range of third-party app integrations, while Sage is…
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5 Best Accounting Software for E-commerce 2025
In selecting the best accounting software for e-commerce businesses, I recommend one that can sync transactions between the e-commerce platform and accounting software, track multi-channel sales, reconcile payments, handle sales tax, and automate COGS and returns for accurate reporting. With that in mind, here are the software that made it to my list: Acumatica Cloud ERP Employees per Company Size…
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Accounting firm Legacy Professionals notifies 191K people of data breach that compromised SSNs, health info
Accounting firm Legacy Professionals this week confirmed it notified 190,818 people about an April 2024 data breach that compromised names, Social Security numbers, driver’s license numbers, medical treatments, and health insurance info. Ransomware gang LockBit claimed responsibility for the attack in August 2024, when it gave Legacy Professionals two weeks to pay an undisclosed sum in ransom. Legacy Professionals has…
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6 Best Accounting Software for Multiple Businesses
Ultimately, the best accounting software for multiple businesses must have consolidation features so that you can combine financial reports of different business units into a single, unified report. Our favorite pick for multibusiness management is Sage Intacct, with its robust reporting and easy visibility across business profiles. Acumatica Cloud ERP Employees per Company Size Micro (0-49), Small (50-249), Medium (250-999),…
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Best Enterprise Accounting Software in 2025
Enterprise accounting software is designed for large companies and businesses. Here are the top seven enterprise accounting software suites. 1 Acumatica Cloud ERP Employees per Company Size Micro (0-49), Small (50-249), Medium (250-999), Large (1,000-4,999), Enterprise (5,000+) Any Company Size Any Company Size Features Accounts Receivable/Payable, API, Departmental Accounting, and more 2 QuickBooks Employees per Company Size Micro (0-49), Small…
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The Macy’s accounting disaster: CIOs, this could happen to you.
The Macy’s accounting nightmare is only getting worse, with the $24 billion retailer telling the SEC on Wednesday that both its annual report from last year and its auditor report “should no longer be relied on.” Although the amount “hidden” was only $151 million — at the high end of Macy’s original estimate of “$132 million to $154 million” — the retailer…
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Data breach at Louisiana accounting firm compromises SSNs and finances
Accounting firm Wright, Moore, DeHart, Dupuis & Hutchinson this week confirmed it notified thousands of people about a July 2023 data breach that compromised names, Social Security numbers, financial account numbers, credit and debit card numbers, medical info, driver’s license numbers, and addresses. The notice (PDF) states, “On or around July 11, 2023, WMDDH became aware of unusual network activity…
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5 Best Retail Accounting Software for 2024
You probably don’t need us to tell you that growing a retail business depends on having the right software tools for handling payments and financials. What might not be so obvious is how costly it can be if you choose a solution that doesn’t meet your needs. Retail is a very broad term, and the concerns of an online-only ecommerce…
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