The focus should be on growing your business when you start out as an IT consultant. Meeting with prospective clients, giving presentations, following up on leads—these activities are all a very necessary yet very time-consuming part of being on your own. For many IT professionals, the thought of recording the debits and credits of a consulting business seems counterproductive. That time could be better spent working on the aforementioned sales activities.
However, if the budget is tight (and most are in the beginning), the costs associated with hiring someone to handle your accounting work can be cost-prohibitive. Fortunately, there are quite a few cheap software solutions out there to choose from, and most come equipped to handle your needs as your business grows. While not a comprehensive list, we've selected a few of these accounting software packages based on their low cost and put them in a software comparison charticle.