Accounting software for book publishers helps booksellers keep track of their business and can help them cut costs and boost profit margins. This is a powerful tool that has saved time and money for many publishing houses. There has been an explosive growth in the number of publishers using accounting software to manage their businesses in recent times.
We highly recommend small independent book retailers note this trend and consider integrating this powerful tool into their business analytics stack. Below you may find the list of best accounting software for book publishers available on the market with their pros and cons.
Our Top 5 Accounting Software For Book Publishers
Best Accounting Software For Book Publishers Reviews
1. Best Overall: Oracle Netsuite
Oracle NetSuite is a paid software application for book publishers. This product offers a complete suite of tools for publishing and managing information related to managing books, with features including financial management, marketing, sales forecasting, and reporting, customer relationship management.
These allow the publisher to manage their business with an intuitive interface that will enable them to be fully focused on their work instead of time-consuming tasks. This software also allows them to generate financial reports, organize employee schedules, and plan marketing in a simple way.
NetSuite can be installed on clients’ servers or hosted by Oracle as a cloud-based application; however, with the cloud-based option, it is more costly. The different versions of NetSuite pricing depend on how many users need access to the program, whether on-premise or hosted by Oracle.
2. Best Affordable: Quickbooks Desktop Enterprise
Quickbooks Desktop Enterprise is accounting software that helps publishers keep track of their cash flow, income, and expenses. Quickbooks has a few different versions, so make sure you know what version works best for your company before purchasing this software. This software itself is straightforward to use and can fit into any publishing company with ease! It’s also offered at a low cost for small publishing companies.
Quickbooks Desktop Enterprise is an excellent choice for the publishing company because it has excellent features to keep track of its financial information. It also tracks inventory transactions, payroll, and invoices. Quickbooks has many features that make it very easy to use and helps with costs for publishers. Quickbooks also works on computers that have Microsoft Windows operating system.
Quickbooks Desktop Enterprise is a great choice for publishing because it can help publishers keep track of cash flow, invoicing, income, payables, accounts receivable, inventory transactions, and bank transactions. This accounting software works on both Mac and PCs.
3. Best For Process Automation: Sage Intacct
Sage Intacct is a vendor software that provides book publishers with accounting information. It integrates with many popular accounting software. You can also use it to manage your accounting. It has an affordable pricing plan, and a generous user interface for all the features they offer online and its mobile app.
Sage Intacct combines the various requirements an accounting system has for any publisher. It’s a complete solution that eliminates helplessness by giving book publishers all the tools they need to manage their accounting.
It also integrates with many popular accounting software, such as Quickbooks, Xero, and Peachtree. It can be used as a standalone solution with customers who just want bookkeeping or payment clearing purposes, which requires simplified and clean functionalities.
4. Best For Inventory Management: Multiview ERP
It is a cloud-based solution providing the most commonly required business management and financial control modules, including Sales Order Management, Purchase Order Management, Accounting (Income Statement and Balance Sheet), Reporting (General Ledger and Trial Balance) as well as Cost Center Analysis (Financial Planning & Control).
It also includes other key functions to enable complete end-to-end control of the book publishing process. These include Publishing Project Planning & Scheduling, Financial Projecting Forecasting for distribution of sales proceeds over some time, Resource Optimizing – Economic order quantity calculation, and Job Costing.
5. Best User-friendly Customization Options: Freshbooks Cloud Accounting
Freshbooks Cloud Accounting is excellent accounting software for book publishers that offers a host of features out-of-the-box. The best feature by far is the automation for billing. Freshbooks does all the work for you in that area, automatically sending invoices as soon as you clock in on a job or when it becomes past due, and then pays out your freelancers from your designated account when they complete work with them.
Other features include setting up recurring invoices and time logs that can be done quickly through multiple clicks and even having the ability to track down and audit any expense related to an invoice.
Accounting software is a powerful tool that has saved time and money for many publishing houses. There has been an explosive growth in the number of publishers using accounting software to manage their businesses in recent times. Some publishers have gone as far as saying that accounting software can make or break a publishing house’s book sales and marketing activities.
There are several advantages that account for why publishing houses use accounting software. These include time-saving, more accurate records, decreased paperwork, automated invoices, and inventory control/management.
To calculate figures for marketing and sales, publishers rely on reporting and analysis tools that aggregate and interpret data. They have different reporting platforms for different operations such as editorial, production, finance, and marketing.
Most report by job function, or department, or division within the company. Each publisher may also have a report from financial data management such as financial accounts, balance sheets, or cash flow reports depending on how well you can handle your finances.
What Is Accounting Software For Book Publishers?
For book publishers, accounting software can produce reports on revenues generated by each title published to evaluate the potential for future sales. Accounting software is also helpful for businesses that need tools for managing expenses or analyzing collections efforts to improve cash flow.
What Is The Best Accounting Software For Book Publishers?
The best accounting software for book publishers is Quickbooks. The system allows you to manage your company finances from one place using the same software that your employees use. It’s also very user-friendly with a user-friendly interface and quick access descriptions of each feature in the menu bar.
Is Quickbooks Ok For Book Publishers?
Yes, QuickBooks is perfect for book publishers because it’s robust and customizable to accountants who work with publishing companies. It has helped many businesses in the publishing industry simplify their accounting processes over the years. It’s also a more cost-effective solution than other similar programs on the market.