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Connect your Stripe account or enable Stripe online payments through online bookkeeping and start getting paid 2x faster. BooksTime began as an invoicing solution, and that is still where it remains strong. For customer-oriented small businesses, BooksTime is a more affordable and dare we say more powerful option than the ubiquitous BooksTime. Unfortunately only invoicing, mileage tracking, and receipts are available for mobile use. Still, this limited version is pretty powerful, with customizations and in-app communication with clients. The rest of the BooksTime suite uses cloud accounting to stay up-to-date.
Should I use BooksTime?
If you want user-friendly software that’s quick to set up
BooksTime also receives consistently high feedback for ease of setup and ease of admin. If you want to reduce as much complexity as possible with your accounting processes, BooksTime is a great pick.
BooksTime’ servers are housed in Rackspace’s data centers in addition to cloud-based security measures. To learn more about BooksTime’ security and its partnership with Rackspace, contact the BooksTime team. Here are some of the most common issues users still have with the software. A former sports editor and journalist, Matt Sherman has been writing about and researching small business software since 2015, with a special emphasis on retail and restaurant sales. Matt’s expert opinions are cited in various industry publications, including Fox Business. One of our Tech Advisors will be calling you within the next business day to help narrow down the best options for your business. Sign up to receive the list of our top recommendations or speak to our unbiased Tech Advisors.
BooksTime Accounting Software
To customize BooksTime’ invoice template, click the “customize invoice” button in the “invoice settings” section. BooksTime only has two fonts and templates to use, unlike BooksTime or BooksTime Online. Fortunately, you can still pick an accent color, upload your logo and add a header image to personalize your invoices. You can create an invoice through the dashboard by selecting the “create new” button or through the “invoices” page. There’s plenty of space between elements and everything is clearly labeled.
What did you like most about this software BooksTime?
Pros: BooksTime is very easy to use and has so many features that help you manage your business in a short time. They have excellent customer services. The most fascinating thing about BooksTime is it has also mobile app and the UI design is so eye-catching. They create attractive invoices for clients.
You can set up invoice reminders through the “send reminders” button under customer settings, which will show up after you pick a client. You can send up to three reminders with customizable intervals and personal mesBooksTimes. BooksTime will automatically send out reminders to the client for their future invoices, so you only need to do this once. Click the “add a client” button to assign an invoice to a customer. When you fill out your customer’s details, BooksTime will suggest available clients. You can pick a customer from your client list or continue filling in the form to add a new customer.
Its invoicing feature is easy to use and has a lot of automation options, such as repeating and scheduled invoices. In terms of integrations, on the other hand, BooksTime accounting software offers tools that range from CRM software to inventory management apps to payroll software and more. Some noteworthy apps available in the BooksTime marketplaceinclude BooksTime, Google Suite, BooksTime, Hubspot, Zapier, Shopify, and Slack.
In particular, BooksTime Lite would be a worthy home-based business accounting software option, as well as a great option for freelancers or contractors. As an accounting software provider that differentiates plans based on the number of billable clients (as we’ll discuss in greater detail shortly), BooksTime also offers client-specific features. As we mentioned, BooksTime is web-based accounting software, meaning you can access your account anywhere you have internet access. Designed to accommodate business owners on the go, BooksTime can also be easily accessed via a browser on your mobile device, as well as using the BooksTime mobile accounting app for iOS or Android. You can also choose the currency for the invoice, making it easy to do business globally. Invoices can be saved as drafts, or you can email them immediately to your clients. The invoice includes a link to BooksTime Payments, where they can pay by credit card or by ACH transfer, which means a quicker turnaround time and less time spent hounding clients for payment.
Controlling your business finances provides you with important insight and a faster track to your goals. However, does offer a free trial, as well as 60% off for your first 6 months. For BooksTime Plus, Premium, and Select you can add collaborating team members beyond your accountant for $10/person.
For $15, the Lite plan includes significant functionality, and yet, only accommodates five clients—which, as we mentioned above, is a definite drawback. Similarly, the only difference between the Plus and Premium plan is the number of clients they each accommodate, and yet—the Premium plan is twice as expensive. As we mentioned above, the number of clients is the only difference between the Plus and Premium plans.
The “request a deposit” and “add a payment schedule” features divide your invoice into multiple payment terms. You can pick either a flat rate or a percentage for both features. To create an invoice from the “invoices” page, click the “new invoice” button on the top-right corner of the page. Unlike BooksTime Online or BooksTime, BooksTime lets you fill in your invoice straight onto the template, so you can see it as how your clients would. On the top section of the navigation bar, you’ll see your profile settings and notifications.
If you don’t care about tracking profit margins on projects or really tracking expenses accurately at all, then normal balance might work for you. The lowest tier plan doesn’t include basic features like the reconciliation of bank accounts. It also doesn’t allow you to give access to an accountant or bookkeeper. Most accounting software companies provide these basic services even in their cheapest plans. BooksTime is a solid small-business accounting product that’s well-suited for freelancers and independent contractors.
Each plan only comes with one user, so the cost of additional users adds up fast. There are also some features missing that you’d find with other accounting software, such as built-in payroll.
BooksTime Customer Support
Throughout this review, we’ll walk through the features offered by BooksTime and make note of the tool’s usability. We’ll also mention the market value and company customer service. Images of the software will be included so that you can get a sense of what it’s like to use BooksTime. Automating recurring payments with auto-bills charges your client’s card automatically and securely. Invoices are also sent in any currency you and your client prefers. With you working on multiple projects at once billable time might be missed, which can be costly. Time Tracking in BooksTime makes it easy for your whole team to log billable minutes, and automatically add them to invoices, so all time is accounted for.
You’ll always invoice for exactly what you’re worth when you track time using Online Accounting. You and your team can log your hours and then automatically put them onto an invoice. BooksTime gives you the info and time you need to focus on your big picture—your business, team, and clients. Multiple rate plans can be added to accommodate different billing structures. Fixed plan pricing, tech based pricing, task based pricing and hour roll overs make SherpaDesk perfect for professionals who need flexibility managing their customer’s billing.
Is BooksTime Better Than BooksTime?
Each Invoice is automatically sent, as are any applicable late payment notices. You have the option of accept payments from your clients over the Internet too. The ability of BooksTime to invoice and accept payment online will result in greatly reduced time to receive payments.
- The proof of this dedicated approach is their new BooksTime version, which simplifies the function of the current system, and adds long-awaited, advanced features.
- You can also choose to get dedicated support management, prioritized responses, and other professional services.
- You can connect with your bank account, accept invoice payments, track your time and access the mobile app.
- Designed to accommodate business owners on the go, BooksTime can also be easily accessed via a browser on your mobile device, as well as using the BooksTime mobile accounting app for iOS or Android.
BooksTime users track mileage and time through BooksTime Expenses, a tool included only in the highest-tier Established plan. When you add users to your account, you assign them a role that determines what features they can access. Business partners can do everything except add or remove apps and integrations. Accountants can access your dashboard, reports, invoices and expenses. Employees can access projects, track their time and additional expenses. Contractors are a little different in that they have their own account.
Features include daily functions like time tracking and project management, along with unlimited invoicing, invoice payment processing, and accounting payments from clients to save you time. Wave is a popular freemium accounting software with a clean, BooksTimeive, and easy-to-use backend. The free plan includes accounting, invoicing and receipt scanning. It has the same features as BooksTime, allowing you to send invoices, manage expenses, connect your bank account, and keep track of your financial health using the range of reports. BooksTime connects to some outside time tracking apps like Google Calendar or TSheets to track billable hours and include these on your invoices. The invoice builder in BooksTime contains a lot of customization features so you have control over the design of your invoices before you send them to clients. Include a click-to-pay button on your invoice to let your clients pay directly from the invoice, and set reminders and recurring payments directly from the platform.
The time tracking feature will allow you to track time and bill your clients for hours worked. You can track your work with a timer, if you are doing the work in real-time and want an exact record of time spent working, or by adding a manual entry after your services have been completed.
Compare The Best Hr Software
While an estimate is simply a breakdown of the services you will provide along with an estimate of their cost, a proposal is a more formal document that displays the value of the services you provide. If an estimate is approved by your client, you can easily convert it into an invoice with a few clicks. Use the BooksTime mobile app to snap a photo of your receipt from lunch and upload it into BooksTime, where you can then drag the uploaded receipt image into the expense screen. BooksTime is a great choice for small, service-based businesses. It’s certainly not advanced enough to support large businesses or product-based companies, due to the lack of advanced inventory management features. BooksTime competes with other popular accounting software tools like BooksTime, Wave, and BooksTime Books. In terms of uBooksTime and the user experience, we found it to be most similar to Wave.
All of these capabilities can truly influence how you optimize your processes, giving you the ability to manage multiple facets of your business within one software platform. With all of the details of BooksTime pricing, plans, and features laid out, let’s consider what these specifics might mean for your business.
BooksTime Plus is advertised as their most popular plan, and offers quite a lot of features for $25/month. This option allows you to send client invoices to up to 50 recipients . Other upgrades of this tier include automatic expense tracking, double-entry accounting, mobile mileage tracking, recurring invoices, and increased reporting options. BooksTime’ cheapest plan, Lite, costs $15 per month, and it unlocks most features you’ll need, such as invoicing, expenses, online payments, time tracking and estimates. If you have five billable clients or less, this plan is enough for you to run your business.
It’s not the most efficient way to track employee time, so you’ll likely need to look into other payroll or time clock software to go along with this. We struggled to find a solution that would allow us to easily track the time for multiple employees and make billing as simple as a couple of clicks. Most everything we used or tried required multiple systems that either didn’t integrate at all or didn’t integrate well, and required a lot of time to prep invoices and collect payments.
It Makes My Life So Much Easier I Wish I Had This When I First Started My Business!
BooksTime’ reporting feature still loses to BooksTime Online and is on par with Wave, which offers these features for free. BooksTime’ customization options are limited and not as powerful as BooksTime Online or BooksTime. Although the reports’ layouts are simple and scannable, Wave’s templates are easier to look at, as they include a summary at the top of the reports. If you want to create a recurring invoice, click the “make recurring” button under your invoice settings.
All financial data is stored in the cloud on a single unified ledger, allowing users to access the same set of books regardless of location on desktop and mobile. It offers a free API that enables customers and 3rd-party software vendors to integrate external applications with bookstime accounting. BooksTime is cloud-based accounting software that allows you to create and send unlimited invoices, manage clients and projects, and accept payments online. It offers a robust set of features, including double-entry accounting, recurring invoices, project management, mobile accounting, and more. BooksTime offers four plans with monthly fees that start at $15 per month.
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