Fashion Professionals: Are you using the right accounting software for your business?

Published, 3 years ago

Accounting and indeed accounting software can be a minefield if you’re not doing it day in and day out.

Accounting isn’t always everyone’s strong point and finding accountancy software that meets your needs and works for you is essential.

Essential, because fashion professionals need a system which is going to save time and money as well as support other actions too.  Actions such as invoicing, expense reports and even automated entries and more.

In this post, we’ve highlighted a handful of the most efficient and effective accountancy solutions currently on the market and some of the key things you should look for in accountancy software packages.

Accounting Software

Each software package has their own features and benefits and we advise all of our fashion professionals to do their research first.  Finding out if the package in question can meet your needs and ultimately make your life easier.

A popular package in the market at the moment is QuickBooks Online.  Intuit QuickBooks Online is great for freelancers, consultants, online merchants, store and restaurant owners, service providers and more.  It offers both basic and advanced features to meet a wide range of needs.  So, whether you’re just starting out or you’re an established business QuickBooks is sure to offer something for everyone.

If you are just starting out and you’re looking for some straightforward accounting software than Zoho Books could be right up your street.  Zoho Books works with small businesses offering everything you need, from helping you to automate your workflows to making sure you stay on top of your cash flow.  It also has additional integrations, meaning you can keep using the software as your business grows – it also has the best prices for start-ups.

One of the easiest accounting software packages to use is FreshBooks.  With features that include recording billable time and expenses, you can also customise the look of the invoice and set up reoccurring invoices, automatic payment reminders, and late fees.  You can connect to your bank, generate reports as well as manage your projects.

Another good accounting software package is Wave Financial.  Which offers free, cloud-based accounting software, designed specifically for small businesses.  To make it feel different to others out there, Wave Financial also doesn’t limit its capabilities, offering a comprehensive set of features without the monthly price tag.

Of course, there are other accounting software packages out there, (such as Sage Accounting, Xero and more) and you need to choose the one that most suits your needs and wants.

Things to consider when looking for accountancy packages include:

  • Cost – is it a one-off cost for the package or a monthly fee, and what is actually included in the price and what extras do you need to pay for?
  • How easy is it to integrate and use? What customer service assistance do they offer?  What do other users say and report on?
  • What additional features do they provide? Can you link to your bank, carry out automatic invoicing, reporting, does it offer mobile access, integration with third-party apps, etc?


Accounting and managing your finances can be mind-boggling and choosing the right accounting software can seem like a minefield.  But it doesn’t have to be.  Identifying what it is you need support with, what takes up most of your time and what software solutions would help to solve this are all a step in the right direction.  Managing all of this within your set budget and making sure the features included meet your needs and aren’t just fancy extras is extremely important too.





For fashion professionals keeping on top of your accounting when it comes to invoicing and recording expenses etc. helps you to keep your balance sheets and profit and loss accounts in check.  Growing your business success relies on knowing precisely the monies that are coming in and going out, your accounting software is what needs to be set in place to help achieve this goal.

If you have any questions or if you would like further information on a particular subject the, please email us at

Liked what you read? Share the article!

Share on facebook
Share on twitter
Share on pocket
Share on whatsapp
Share on linkedin

Get Noticed with Fashion Rider.

Get the recognition you deserve. Portfolio, Jobs, Social Media promotion and much more. All in one membership. 

You might also like

Fashion and the end of the Brexit transition period

19th October 2020 Fashion and the end of the Brexit transition period – points to consider as we approach 31 December 2020 With less than …

Read More

How Freelancers Can Thrive With a Strong Digital Presence

Freelancer? Working from home or for yourself? In need of a gentle reminder? Whatever your business and whatever your industry; a strong digital presence has …

Read More

How To Grow Your Social Media

In most industries social media is used on a daily basis, particularly in the fashion industry. Making your posts gain traction and high quality leads …

Read More

Things to consider in a Fashion Marketing Strategy

Having a marketing strategy that is consistent and is relevant to your customer base is so important when trying to grow a business. You need …

Read More

Fashion Advice: Funding for Fashion Professionals

Launching a business can be a scary yet exciting time.  You have your business plan and strategy set, and you have a clear vision as …

Read More

Fashion Industry Awareness

Whether you are just starting or have been working in the fashion industry for a while, you already know that watching out for the latest …

Read More

Top 8 Fashion Tips for Working Women Who Want To Break That Glass Ceiling

As a woman trying to make it in the cutthroat competitive working environment that is the corporate world, you have your work cut out for …

Read More

Fashion Professionals: Do you know your taxes?

Running your own business, big or small, involves taking care of your tax returns.  Knowing your taxes and in particular small business taxes are vital. …

Read More

Fashion Professionals: Are you ready to cut your costs and increase your profits?

Now, this might seem like something that is easier said than done, but there are items on your balance sheet and cash flow forecast that …

Read More

We use cookies to offer you a better experience and analyze site traffic. By continuing, you consent to the use of the cookies following our privacy policy. You may choose to opt-out through our privacy policy page.