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3 Top Bookkeeping Software Products for the Certified Home Inspector

Certified home inspector

There’s a lot more to the home inspection industry than the hands-on part of the job. If you run your own small business, sooner or later you’ll need software to help keep your books in order and tax time less stressful.

Most computers have some type of basic spreadsheet software that’s geared toward accounting. For example, PCs are compatible with Microsoft Excel. Mac products use the Numbers program. But to set up a system using one of those programs, you’ll need more than a basic working knowledge.

If you want something that’s easier to use out of the box, check out one of these packages. Your bookkeeping, accounting and tax preparation efforts will thank you.

Certified home inspector

#1: Freshbooks Cloud Accounting: PC Magazine Rated 4-Stars

Freshbooks is a fresh take on the small business approach to virtually every aspect of bookkeeping. It’s a cloud-based system and PC Magazine says it’s got an “Exceptional user experience.”

Product Features

  • Access anywhere you have an internet connection
  • Link multiple bank accounts
  • Track banking transactions
  • Create invoices
  • Attach files and photos
  • Keep business contacts
  • Track expenses
  • Build separate projects
  • Collaborate with other users
  • Smartphone capable

Freshbooks Pros

  • Improved user interface
  • Compatible with one or more users on multiple devices
  • Capable of handling projects for different businesses

Cons to Watch out For

  • No service records
  • No product records
  • Limited customer records

Certified home inspector

#2: Wave Accounting: PC Magazine Rated 4 1/2 Stars

Wave accounting software is made for small businesses. In fact, PC Magazine  says it’s their “top bookkeeping choice” for sole proprietors and “very small businesses.” This free (yes, free) cloud-based software offers a host of features, but it does charge for non-basic services, such as payments, premium-level support, and payroll.

Product Features

  • Easy-to-use interface
  • Simple navigational tools
  • Invoicing/billing
  • Link bank accounts
  • Download personal and business transactions
  • Customized sales forms
  • Double-entry accounting

Wave Pros

  • No fees for anything except premium services
  • Created especially for small businesses
  • Cloud-based access
  • Numerous free features
  • Free setup help

Cons to Watch out For

  • Some services are considered premium and come with a fee
  • Setup help is typically done via email
  • No project tracking
  • No time tracking

Certified home inspector

#3: Xero: PC Magazine Rated 4 Stars

Xero’s most recent review from PC Magazine has come a long way from its earlier incarnations. Now, it’s rated 4 stars for good reason. According to PC Mag, this company takes advantage of their ability to updated and refine cloud-based software on a continual basis. It’s “reasonably priced,” and has hundreds of add-on features.

Product Features

  • Cloud-based
  • Comparable features to Quickbooks and other legacy accounting packages
  • Process sales and purchases
  • Store contacts
  • Form customization
  • Dashboard for at-a-glance status on invoicing

Xero Pros

  • Lower Price than many accounting software packages (about $20-$30 per month)
  • Simple navigational tools
  • “Good account management and reconciliation”
  • Frequent updates

Cons to Watch out For

  • Complicated setup
  • Minimal payroll features
  • No time tracking
  • Minimal report customization

Your skills as a certified home inspector are only part of the job of running a small business. On the back end, you need accounting software to help keep track of expenses, clients, and contacts, invoicing and all of the niggling paperwork that’s due at tax time. Pick an easy-to-use accounting software and you’ll be more likely to use it instead of stacking up paperwork to file away later.

If you’re not yet in the business but thinking about home inspecting as your next career, ICA School has the education program to get you started. Our courses cover all of the basics, but we go a step further. We also include resources that other providers either don’t have or charge extra for.

Why wait? Enroll now and start working toward your home inspector certification today.

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