Navigating Finances: The Best Budgeting Apps for Startups in 2024

As we start the new year, it’s important to keep finances in check—especially when it comes to your startup. Maybe you have financial goals for 2024 or you just want to find a better way to bookkeep. Here are our top picks for affordable budgeting apps that are great tools for startup businesses. 

FreshBooks

For startups and small businesses, FreshBooks simplifies building (and sticking to) a budget. Connecting to bank accounts or credit cards, FreshBooks offers tools for invoicing, time tracking, bookkeeping, and more. It supports collaboration among teams, clients, and contractors, with integration capabilities for over 100 apps.

QuickBooks

QuickBooks is an easy-to-navigate app that promotes understanding the financial health of your business. It provides an overview of business finances, including expenses, income, profitability, and taxes, as well as offering tax preparation features and consulting options. 

Toshl

For startups seeking a reasonably priced and straightforward budgeting tool, Toshl offers an intuitive experience. While marketed as a personal budgeting app, it can effectively serve new startups managing finances at a fraction of the cost of business-focused apps. Toshl also features a free version!

Xero

Tailored for businesses ready for growth, Xero provides a Budget Manager worksheet for budget creation by category. It offers tools for invoicing, expense management, and project tracking. Xero aims to help small businesses make decisions using trend analysis and simple reporting. 

Image credit: Unsplash

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