ForumsTechnology Management

Do take a look at www.freshbooks.com, an extremely popular and feature-rich solution that is web-based, so no software hassles.

I am not affiliated with freshbooks in any way.

If you're business-to-business, not having the capability to invoice electronically can cost you new sales and accounts. I can't think of any accounting package that doesn't support electronic invoicing -- it's just the degree of sophistication and integration with everything else (order entry, fulfillment, inventory management, etc.) that varies. You can even begin super-simple -- one way is to convert your paper invoice to an Adobe .pdf file with form field recognition, or (if you accept credit cards or PayPal) use the electronic invoicing tools that your merchant services provider offers, and then make the same manual entries you do now in your accounting system. Hope that helps. Best wishes.

I currently use Quickbooks Online, I create a customer, create the invoice, send it via their email server or save a copy as a pdf and send it via my Exchange account..I like the fact that i can invoice right at my clients site..The tracking is great too, lots of reports available..It is very flexible for custom invoices if needed..I'm an IT guy, so most of my invoices are for service or hardware/software...I tried the pc based versions, was losing money because i would not always go back to my office in a timely manner to enter the data, send the invoice...With QB Online, that is eliminated, as a I can do so anywhere...I am a BofA client and am going to look at their online suite of tools, (the early vesion was clunky, not user friendly) see if it makes sense ($$) for me to switch...I'll let you know, good luck..Randall

Frank, so far you have received 7 answers to your post.
Have any of the answers been helpful to you??
LUCKIEST

I would recommend the following two products:

Freshbooks (~$15-$50 a month with free plan available)
https://www.freshbooks.com/subscribe.php?ref=905c24b733628-1

• 100% internet hosted, no install
• Multi-User
• Invoices delivered either paper (professionally, wit return envelope) or email
• Customers can manage their billing/invoice status/etc online 24x7
• Supports Paypal free or Visa/MC with merchant accounts
• Supports subscriptions/recurring invoices
• Employees enter time online by support ticket or daily
• Multiple project billing, support ticket (with billable time tracking)
• Simple interface, invoicing only (no account management)
• Focused on invoicing for service providers
• Only handles invoicing, project tracking, support tickets (not accounting)

Microsoft Account Express (Free)
http://www.ideawins.com/default.aspx

• Supports invoicing by email or printing/manual mail
• Has Paypal Addin to invoice customers electronically via email
• eBay tool simplifies listing management
• More features than freshbooks
• Handles invoices and business accounting
• Did I mention free!!
• Upgradable to Microsoft's "Professional" accounting products in the future.
• Does not sync automatically with Bank of America...Bank of America is one of the few banks that makes you manually download the statments to integrate with Microsoft Accounting.

Personally, I use both for my service business...Hope this helps!

John

PS - Try www.wesabe.com to keep track of your business and personal expenses too...and import them in to MS accounting. BoA limits the time you can access your account history offline (no limit with Wesabe), and you can "tag" expenses and export all the information (years with). Wesabe automatically syncs from BoA and your other accounts.

Bank Of America offers a service that cannot be compared with any other software out in the market. Business account holders with online banking can upgrade their service to Online Business Suite with Accounts Receivable and Accounts Payable.
Online Business Suite can let you view personal, business within the bank or from other financial instutions with just one sign on. You can delegate access to employees, partners and accountants to view account info or make financial transactions, while you maintain secure and confidential control. Plus, you can use quickbooks or quicken and synchronize transactions.
For electronic invoicing, with accounts receivable, you can generate 20 invoices and apply incoming payments, send reminder emails and past due notices and view detailed history of invoices.
For direct payments, you can reimburse employees expenses, pay individuals or companies directly to their bank account using standard 3 day or next day payment.
All of these are available through Bank Of America.
If you have an existing business account, you can call in to upgrade your online service.

Not to sound like a Bank of America shill, but we also use their invoicing and have been really happy with it.