For small businesses, managing your profits can be hard without an accountant. Services like Outright and Mint allow you to easily manage your expenses, profits, and total earnings. I like outright because they allow you to easily track it on your iPhone or other mobile devices.
Outright supports major income sources such as Paypal, Ebay, Etsy and many more. It can track the total fees you incur and subtract them for the total profit. It will display this information on an easy to read graph right to your iPhone. You can see which months you earn most money as well as see what is causing your business the most amount of money.
For major eBay sellers, software like this is a blessing. It can keep track of all the fees associated with Paypal and eBay as well as your profits. It evens supports other services like Moneybooker. Since both Paypal and eBay already offer iPhone and Android apps, this just makes weaning away from a desktop computer that much easier.
Outright is probably some of the best online accounting software I have used to date. Give it a try, for small businesses – especially those without accountants it’s a must have.