8.3
Editor’s Rating:
Best Overall
Xero: Dashboard
Xero
  • Strong invoicing capability
  • Large number of add-ons and integrations
  • Free trial available and no setup fees
7.8
Editor’s Rating:
Best for Small Businesses
QuickBooks Online: Sales Dashboard
QuickBooks Online
  • Intuitive user interface
  • Powerful integrations
  • Extensive reporting
8.3
Editor’s Rating:
Best for Freelancers
FreshBooks: Dashboard
FreshBooks
  • No setup costs
  • Discounted intro pricing
  • Recurring invoicing

Accounting software tracks financial transactions for reporting and analysis, making it easier to complete audits or analyze information from years prior. Using our review methodology, we picked the top systems on the market.

Xero - Best Overall

Why We Chose It: We found Xero highly scalable, meaning small businesses can continue to use the platform as they grow into larger enterprises. Xero makes upgrading to more advanced versions easy, like its Plus, Premium, and custom Select plans.

Online accounting solutions, or cloud accounting software, provide a “log in from anywhere” approach. On top of being able to access financial info on the go, Xero has a mobile app for iOS devices, which can provide tools like receipt scanning.

The software learns and categorizes each transaction to help save companies time. Last, Xero also has a large customer service network and an online “checkup tool” that lets support run system checks to identify and handle issues via chat.

Best Overall:
Xero

Xero: Dashboard
Xero: Expenses
What We Like
Basic inventory management capabilities
Free trial available and no setup fees
Large number of add ons and integrations
What We Don’t Like
Big learning curve
Hard to get phone support (email is more frequent)
Limited to 2,000 transactions per month
Overview
Price Range: $$
Starting Price: $15/month
Client OS: Web
Deployment: Cloud Hosted

QuickBooks Online - Best for Small Businesses

Why We Chose It: QuickBooks Online is our top choice for small businesses due to its extensive integrations and invoicing capabilities. Widely recognized as the most popular financial software, QuickBooks allows companies to invoice an unlimited number of clients, even at basic subscription levels.

During our test run of QuickBooks, we found it easy to track sales and expenses, manage customers, and create estimates. QuickBooks Online also supports collaboration with external accountants. It allows accountants to capture and organize receipts, maximize tax deductions, and process payments. While it may lack industry-specific functions, it remains a solid choice for service-based businesses that don’t require inventory tracking in their books.

Best for Small Businesses:
QuickBooks Online

QuickBooks Online: Sales Dashboard
QuickBooks Online: Find an Accountant
QuickBooks Online: Track Mileleage
QuickBooks Online: Mobile Cash Flow
QuickBooks Online: Bank Reconciliation
QuickBooks Online: Dashboard
QuickBooks Online: Mobile Dashboard
QuickBooks Online: Customers
QuickBooks Online: Mobile Shortcuts
QuickBooks Online: Create Invoice
QuickBooks Online: Sales Vendors
QuickBooks Online: Bill Pay
QuickBooks Online: Banking
QuickBooks Online: Expense Dashboard
QuickBooks Online: Payroll Dashboard
What We Like
Widely used by most accountants
Tons of integrations available
Customizable invoicing
What We Don’t Like
Comparatively expensive
Few industry-specific features
Limited users per plan
Overview
Price Range: $
Starting Price: $30/month
Client OS: Web
Deployment: Cloud Hosted

Freshbooks - Best for Freelancers

Why We Chose It: We found FreshBooks best for independent contractors, freelancers, and solopreneurs. Even micro businesses with two to five employees will find the software useful for improving cash flow, invoicing, and time and expense tracking.

We tested FreshBooks for ourselves and found report customization pretty basic; you can change and compare dates and switch from accrual to cash-based accounting. But, it does include 20 built-in reports that help monitor financial health, like profit and loss, general ledger, and balance sheet.

The biggest benefits of FreshBooks are the features included for the price. Rather than offering a stripped-down starter plan, their “Lite” package includes unlimited invoices, expense entries, estimating, and time tracking. With a built-in automated bank import tool, FreshBooks can also accept credit card payments and ACH bank transfers.

Best for Freelancers:
FreshBooks

FreshBooks: Dashboard
FreshBooks: Add Ons
FreshBooks: Mobile Dashboard
FreshBooks: Accounting Settings and Reports
FreshBooks: Advanced Accounting
FreshBooks: Bank Connections
FreshBooks: Mileage Tracking on Mobile
FreshBooks: Email Templates
FreshBooks: Expense Report
FreshBooks: Invoice From Unbilled Hours
FreshBooks: Mobile Trip Tracking
FreshBooks: Mobile Dashboard
FreshBooks: Mobile New Invoice
FreshBooks: Available Integrations
FreshBooks: Mobile New Invoice
FreshBooks: Add New Client
FreshBooks: Add New Expense
FreshBooks: Payroll Settings
FreshBooks: Create New Invoice
FreshBooks: Time Tracking
FreshBooks: New Project
FreshBooks: View Invoice
FreshBooks: FreshBooks Reports
What We Like
Customizable payment terms
Discounted intro pricing
No setup costs
What We Don’t Like
Client-based pricing
No bulk invoice creation
Limited report customization
Overview
Price Range: $
Starting Price: $19/month
Client OS: iOS, Android, Web
Deployment: Cloud Hosted

Wave

Why We Chose It: Wave is a forever-free financial software offering accounting, invoicing, payments, payroll, and receipts. We like that the platform provides transparent pricing; the accounting, invoicing, and receipt scanning tools are 100% free. Collecting payments via credit card or bank transfers, or running payroll for your employees, does come at a price however.

After testing Wave, we found invoice customization pretty minimal, with only three templates available. But we do appreciate its multi-company support. You can maintain up to 15 business profiles individually in one account rather than purchasing a subscription for each company file.


Wave: Dashboard
Wave: New Invoice
Wave: Products and Services
Wave: Receipts
Wave: New Estimate
Wave: Available Reports
What We Like
Accounting features are free
Mobile app
Multi-currency invoicing
What We Don’t Like
Collecting online payments is “pay-per-use”
Payroll costs extra
Payroll is a monthly add-on
Overview
Price Range: $
Client OS: iOS, Android, Web
Deployment: Cloud Hosted

Sage Intacct

Why We Chose It: We recommend Sage Intacct for companies that have outgrown entry-level solutions like QuickBooks. The software is best for businesses with 15 to 250 employees and $5 to $250 million in revenue. As an ERP system, Intacct includes support for core financials, billing, purchasing, sales and use tax, inventory management, and project accounting.

Most of Sage Intacct’s applications are financial-based, including accounts payable, accounts receivable, cash management, a general ledger, order management, and purchasing. We found its analytical capabilities extensive, with 150 pre-built financial reports. Its Interactive Custom Report Writer relies on a drag-and-drop interface rather than coding expertise.


Sage Intacct: Purchasing
Sage Intacct: Entities
Sage Intacct: Order Entry
Sage Intacct: Resource Search
Sage Intacct: Report Center
Sage Intacct: Financial Report Editor
Sage Intacct: Dashboard
What We Like
Multi-dimensional reporting capabilities
Scalability for multi-entity support and user growth
Simple and responsive user interface
What We Don’t Like
Budgeting and interactive reporting cost extra
Limited non-financial functionalities
Volume exports can be difficult
Overview
Price Range: $$$
Starting Price: $8,580/year
Client OS: Web
Deployment: Cloud Hosted

NetSuite

Why We Chose It: We found NetSuite best for mid-sized companies with anywhere from 50 to 200 employees. As a full-fledged ERP system, it has built-in modules for HR, inventory control, and procurement, in addition to accounting. Its functionality is pretty extensive, with core capabilities covering everything from general ledger to fixed asset management.

NetSuite is a great fit for global operations, supporting multi-currency transactions and local tax regulations out of the box. It also features 20 pre-built financial report templates. Like Intacct, NetSuite offers a drag-and-drop report builder called SuiteAnalytics. However, creating complex custom reports requires some degree of coding knowledge.

Ultimately, it’s “the world’s most deployed cloud ERP” for a reason, with a cloud-based architecture cutting costs for on-site hardware and expertise.


NetSuite ERP: Home Screen
NetSuite ERP: Income Statement
NetSuite ERP: Journal
NetSuite ERP: Unrealized Exchange Rate Gains and Losses
NetSuite ERP: Ecommerce Customer Statistics
NetSuite ERP: Sales Orders
NetSuite ERP: Revenue Recognition
What We Like
Hundreds of third-party add-ons available
Feature sets for multiple industries
Highly customizable
What We Don’t Like
Must schedule a consult for pricing details
Tedious setup
Difficult to build reports
Overview
Price Range: $$$$
Starting Price: $99/user/month
Client OS: Web
Deployment: Cloud Hosted

Zoho Books

Why We Chose It: Zoho Books made our list because it supports businesses operating in different countries, offering extensive multi-currency and multi-language capabilities. It integrates with over 10 third-party payment gateways like Stripe, PayPal, and Square, providing flexibility in payment acceptance. This makes it a solid pick for businesses looking to expand or operate internationally.

Zoho Books is known for its scalability, with plans ranging from a free version to more advanced options for mid-sized enterprises. Each plan includes a certain number of users, with the option to add more for a small fee, making it competitive in terms of price and user access. Though the lower-level plans are limited in terms of inventory control, the Standard plan includes 10 custom reports and up to 5,000 invoices per annum.


Zoho Books: Invoicing
Zoho Books: Recurring Bills
Zoho Books: Inventory
Zoho Books: Bank Reconciliation
Zoho Books: Time Tracking
Zoho Books: Contacts
Zoho Books: Dashboards
What We Like
Client portal with sales and purchase approvals
Easily integrate with dozens of Zoho products
Time-tracking
What We Don’t Like
Difficult to modify invoices
Time tracking must be tied to projects
Maximum of 10 users
Overview
Price Range: $
Starting Price: $15/month
Client OS: Web
Deployment: Cloud Hosted

Microsoft Dynamics 365 Business Central

Why We Chose It: We picked Dynamics 365 Business Central because it’s an integrated ERP solution combining finance with operations, sales, and customer service, all under a familiar Microsoft ecosystem. It’s a solid choice for companies needing deep integration with other Microsoft products like Office 365, Power BI, and Azure.

During our free trial of Business Central, we tested a comprehensive array of financial tools, from cash flow forecasting to customizable reporting. Users can also enable predictive analytics and AI-driven insights to predict future scenarios better. That said, accountants are going to have an easier time with it. For example, it requires an understanding of debits and credits.


Dynamics 365 Business Central: General Leger Entries
Dynamics 365 Business Central: Dashboard
Dynamics 365 Business Central: Customer Management
What We Like
Combined ERP and CRM
Similar interface to MS Word and Outlook
Integrations with Microsoft applications
What We Don’t Like
Not ideal for complex manufacturing needs
May require extensive training
No free version
Overview
Price Range: $$$
Starting Price: $70/user/month
Client OS: Web
Deployment: Cloud or On-Premises

Odoo

Why We Chose It: We tested Odoo’s CRM, sales, and finance apps, including accounting, invoicing, and expenses. While bank synchronization can be a little cumbersome, we appreciated how simple it is to create – and even mail – invoices in the system.

Odoo can automate tax calculations based on product categories and locations. Its accounting system supports multiple currencies, which is great for companies serving customers globally. The software also has built-in payment options with popular platforms like PayPal, Stripe, and Buckaroo.

Odoo offers a free, open-source Community edition without any licensing fees. However, it requires technical expertise to deploy the software and customize the source code. Nevertheless, Odoo’s extensive modules and integration options make it highly customizable for SMBs.


Odoo: CRM Pipeline
Odoo: Project Tasks
Odoo: Invoicing
What We Like
Community version is free
Heavy customization options
Double entry inventory system
What We Don’t Like
May have to build specific modules yourself
No centralized support
Upgrades not free
Overview
Price Range: $$$
Starting Price: $25/user/month
Client OS: Web
Deployment: Cloud or On-Premises

Striven

Why We Chose It: Striven is an ERP software with functionalities spanning accounting, sales, CRM, and project management. In our experience, it’s generally the next logical step for businesses needing more functionalities beyond what basic financial software can provide. During our live demo with the developers, we found Striven best serves SMBs in project-based industries.

Striven delivers a full accounting module, handling AP/AR, general ledger, revenue tracking, billing, and invoicing. The ERP allows companies to personalize invoice templates, making adding their logos, brand colors, and custom fields easy. Though Striven has no native payroll option, it does integrate with payroll providers.


Striven: CRM and Sales
Striven: Project Management
Striven: Accounting
Striven: Human Resources
What We Like
Automated workflows
Mobile responsive design
API access
What We Don’t Like
No native payroll system
Phone support is only available in priority support option
No critical path management
Overview
Price Range: $$
Starting Price: $35/user/month
Client OS: Web
Deployment: Cloud Hosted

What is Accounting Software?

At a minimum, accounting software keeps track of financial transactions to record profit loss and improve business finances and overall cash flow. Core functionalities include general ledger (GL), accounts payable (AP), and accounts receivable (AR). Additional functionalities extend to processes like bank transactions, purchase orders, payment reminders, and payroll service.

Many industries require customizable financial management functionalities, like fund accounting for nonprofits, job costing for construction firms, or DCAA compliance for government contractors. There are also different ways of conducting your accounting process, such as single- or double-entry accounting.

Small business owners may want only to streamline the basics. But in larger organizations, the terms “accounting software” and “ERP” are often used interchangeably. The right software will provide the data management tools needed for accurate account balances and prepare you for tax time.

Freshbooks Cloud Accounting Software Invoices
Create invoices with your logo in Freshbooks.

Key Features of Accounting Software

Business accounting software has features and applications that can be broken down into basic categories, such as common (typically found in all accounting software), industry-specific (only found in certain types of accounting software), and advanced features (only used by mid-sized to larger businesses).

While many top accounting software features exist to benefit your business, let’s focus on some of the essentials:

  • Core accounting: Cover revenue and expense tracking, and create financial reports for your business. Includes accounts payable, accounts receivable, and a general ledger.
  • Payroll: Manage employee compensation: wage calculation, direct deposits, check printing, and compensation tax reports.
  • Billing and invoicing: Pay bills and create, send, and manage outbound invoices to customers for client work. Attach sales tax figures. Collect customer payments online via credit card or ACH bank transfers.
  • Bank reconciliation: Import bank records, often in real-time, and attempt to auto-match bank and accounting records.
  • Inventory management: Track inventory as current assets on the balance sheet. Track the cost of goods sold on your income statement.
  • Purchase Orders: Create the financial document issued to vendors when buying supplies or services. Includes information such as product type, quantity, and pricing.
Most common additional features requested
The top three most requested features from customers are payroll, inventory management, and invoicing.

Our recent accounting software buyer trends report found that payroll, inventory control, and invoicing were the most requested features that buyers search for, on top of the "core” accounts payable, accounts receivable, and general ledger.

Primary Benefits

From a small business requiring an off-the-shelf option to a larger enterprise needing a vast amount of customizations, this buyer’s guide will cover everything you should prioritize during your search when reviewing accounting software. The best systems help alleviate pain points from manual methods, but they may also bring about some technological pain points that you’ll want to be prepared for.

Integrations

Companies that do not have a comprehensive software will often combine more than one application to meet all of their needs. An off-the-shelf software that handles core accounting may lack functions such as payroll, advanced reporting, or stronger inventory tracking. Once these accounting features are needed, many buyers may lack the means necessary to integrate the programs.

Integrations, or APIs, allow distinct products to talk with one another. For example, your payroll system could update your HR team with a chat program (such as Slack) of any processing errors. Your payment processor might automatically push new receivable entries to your accounting system. Your accounting software could share available funds with business intelligence systems.

Expect inter-software communication abilities to increase in most products. While some accounting products may try to provide an “all-in-one” tool, others will focus on being the best in a few main areas and offer integrations to tools that help complete their program.

QuickBooks Online Chart of Accounts
View a chart of accounts in Intuit QuickBooks Online.

Industry-Specific Accounting Software

As consumers demand functionality more in-tune with their industry needs, software developers are doing everything possible to make those dreams a reality.

While a super-niche industry may not have a software option exclusively developed for them, they can generally turn to specialized vendors. These companies pride themselves on implementing specific software solutions in specific environments. They generally offer customizations or add-ons for a generic product that will make it more in line with what the business expects on a day-to-day basis.

Zoho Books Recurring Bills Accounting Software
Manage recurring bills in Zoho Books.

Custom Accounting Software

Many companies will try to make do with a lower-cost solution at the expense of functionality. Options such as Sage 50c, Zoho Books, and Quickbooks Online are great low-priced options for new businesses, but they’ll lack ways to customize the software towards your business.

Popular accounting software customizations include:

  • Tailored reports
  • Role-based dashboards
  • Custom data fields

Bottom line, don’t sacrifice functionality for cost if it’s something you may look to add a year down the road.

Xero Small Business Accounting Software
The dashboard in Xero.

Remote Access With Cloud Software

Also known as software-as-a-service (SaaS), cloud-based software adoption rates have increased over the past decade. In 2015, 76% of the buyers indicated a receptiveness to hosting their software externally, off-premise. In 2017, this percentage rose to 84% and has only continued to rise.

With cloud-based software, products are leased rather than licensed, a more attractive option for smaller businesses with limited funds or short-term needs. The industry has responded by making software more available on a cloud basis.

Wave Accounting Software Products and Services
View a list of products and services in Wave Accounting.

Mobile Accounting Software

In 2016, mobile web browsing surpassed desktop browsing in user counts. Naturally, usage has translated into business demands for accounting solutions compatible with iOS and Android apps.

Accounting software developers have responded in kind, especially within fields that require on-site analysis, such as construction and field service. This also makes accepting credit card payments in the field easier than ever.

NetSuite Income Statement
View income statements and customize financial reporting in NetSuite.

Lease Accounting Standards Update

To improve financial reporting, the Financial Accounting Standards Board (FASB) issued a new standard on lease accounting. Each asset with a 12+ month lease term must be included on a balance sheet. This includes equipment, buildings, vehicles, and other assets your company leases.

The new standard went into effect for public companies for fiscal years & interim periods beginning after Dec 15, 2018, and for private companies for fiscal years beginning after Dec 15, 2019 and interim periods within fiscal years after Dec 15, 2020.

LeaseQuery Lease Accounting Software
Create journal entries in LeaseQuery.

Read more on our lease accounting software guide.

What Accounting Software Does Your Business Need?

Creating financial management reports with your data, using mobile apps, finding a new support vendor, or finding the cheapest cloud-based accounting option: everyone has their main motivation for finding a new solution.

The needs and motivations of many buyers will differ from project to project. While many types of buyers exist, most can fit into these common categories below.

Small Business Accounting Software

New buyers will likely desire a basic solution that can easily and automatically manage their finances and help them pay bills. 37% of the companies we surveyed were buying accounting software for the first time. Many small business buyers were looking for increased functionality over their current methods, which ranged from a manual bookkeeping method (pen and paper) to a popular starter solution such as Zoho Books or Sage 50c (Peachtree).

Additionally, companies that require many users or manage multiple entities most commonly want small business ERP software with a full suite of functionalities to go along with their accounting.

View the small business accounting software page for options.

Midsized Accounting Software

Over 20% of buyers said they need more software that handles payroll, inventory management, and invoicing. These features are common in enterprise business accounting software. A growing business also has more users in the system, which means needing extended vendor support if your staff isn’t trained properly.

View the midsize business accounting software page for a list of options.

Enterprise Accounting Software

In contrast, more than 70% of larger businesses surveyed desired software that handles advanced budgeting and forecasting or a business intelligence (BI) package for better analytics and financial statements. Larger businesses also desired fund accounting capabilities and a way to manage their procurement.

Additional feature importance for large companies
Over 50% of companies with over 50+ employees required budgeting and fixed asset management within their accounting package.

View the enterprise accounting software page for a list of options.

Outsourced Accounting Services vs. Using a Software In-House

Maybe your business doesn’t need a software system and can get by with outsourced accounting tasks from a local accountant or CPA. While the services offered by these professionals are usually of a higher quality, there are other critical factors to consider:

  • Do you have the technical resources to use the accounting tools correctly?
  • Are you comfortable managing your business’s financial data beyond simple spreadsheets?
  • Does the cost of software outweigh the cost of paying for a firm’s services?

Is QuickBooks the Right Choice?

Undoubtedly, QuickBooks is a massively popular accounting solution, particularly among small business owners. While a product such as Intuit QuickBooks Online can serve many needs, it’s also the most commonly replaced accounting software on the market since it lacks more advanced accounting features.

Our previously mentioned buyer trends survey found that 33% of upgraders come from QuickBooks.

Accounting software being replaced
Sage 50c was the 2nd most commonly replaced software for visitors to our website.

Best QuickBooks Alternatives

Another study on over 4,000 previous users for their most popular replacement products led to a list of suitable Quickbooks alternatives. These will vary by industry, but these options were found to be the most common choices for companies to review:

Most common Quickbooks replacements
Sage Intacct was one of the most commonly-reviewed options for companies replacing QuickBooks.

If you are just looking for an alternative small business accounting software that still provides ease of use and an affordable cost, consider these comparable options which offer great sign-up offers, such as:**

And you can check out the best free accounting software for small businesses to find even more cost-effective options.

Zoho Books Invoice
Zoho Books provides a simple interface and easy ways to create invoices.

All Products

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Xero Screenshot

Xero

★★★★★
★★★★★
(3)
A contender against QuickBooks Online, Xero is a popular solution for its user-friendly interface, affordability, and unlimited users per subscription. It’s a cloud-based, double-entry accounting software that offers bank reconciliation, financial reporting, and basic invoicing and billing.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$15/month
Client OS
Web
Deployment
Cloud Hosted
Sage Intacct Screenshot

Sage Intacct

★★★★★
★★★★★
(46)
Sage Intacct is a browser-based, GAAP-compliant financial management software system. It features multi-entity financial reporting, customizable reports, and a user-friendly interface. The AICPA has endorsed the platform as a “preferred provider of financial management application.”
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$8,580/year
Client OS
Web
Deployment
Cloud Hosted
QuickBooks Online Screenshot

QuickBooks Online

★★★★★
★★★★★
(58)
QuickBooks Online is the most popular financial software on the market. This cloud-based accounting solution enables tracking of sales and expenses, generating estimates, customer management, and seamless collaboration with external accountants.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$30/month
Client OS
Web
Deployment
Cloud Hosted
FreshBooks Screenshot

FreshBooks

★★★★★
★★★★★
(5)
FreshBooks is well-recognized in the accounting world and stands as a competitor to QuickBooks Online. It’s a simple cloud accounting software that allows you to invoice clients, track expenses, and accept payments.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$19/month
Client OS
iOS, Android, Web
Deployment
Cloud Hosted
Wave Screenshot

Wave

★★★★★
★★★★★
(5)
The Wave app is a highly popular accounting solution among freelancers and small businesses. It’s a free cloud-hosted software that allows you to track income and expenses, perform bank reconciliation, capture and organize receipts, and create custom invoices.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
iOS, Android, Web
Deployment
Cloud Hosted
NetSuite ERP Screenshot

NetSuite ERP

★★★★★
★★★★★
(25)
Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$99/user/month
Client OS
Web
Deployment
Cloud Hosted
Zoho Books Screenshot

Zoho Books

★★★★★
★★★★★
(6)
Zoho Books is a popular alternative to QuickBooks Online. It’s a cloud-based accounting software that offers accounts receivables and payables functionality. It lets you manage your financials and banking, create reports, and automate your sales and purchasing workflows.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$15/month
Client OS
Web
Deployment
Cloud Hosted
Dynamics 365 Business Central Screenshot

Dynamics 365 Business Central

★★★★★
★★★★★
(10)
Microsoft Dynamics 365 Business Central provides finance, human resources, operations, marketing, sales, and more functionalities. It is a part of Microsoft’s suite of enterprise applications and integrates seamlessly with services like Office 365, Power BI, and Azure.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$70/user/month
Client OS
Web
Deployment
Cloud or On-Premises
Odoo Screenshot

Odoo

★★★★★
★★★★★
(21)
Odoo is an open-source ERP software that integrates CRM, manufacturing, eCommerce, and more. Odoo’s accounting module offers functionality in accounts payables and receivables, bank synchronization, and reporting. You can extend the accounting app’s functionality with the tax report module.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$25/user/month
Client OS
Web
Deployment
Cloud or On-Premises
Striven Screenshot

Striven

★★★★★
★★★★★
(9)
Striven is a cloud-based ERP software that enhances productivity and collaboration by integrating various business management tools into one platform, including accounting, CRM, project management, HR, and inventory management.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$35/user/month
Client OS
Web
Deployment
Cloud Hosted
AccountingSuite Screenshot

AccountingSuite

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★★★★★
(11)
AccountingSuite is a competitively-priced accounting software offering advanced functionalities beyond financial management. It provides banking integration, budgeting, financial reporting, and accounts receivables and payables.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$19/month
Client OS
Web
Deployment
Cloud Hosted
Sage Business Cloud Financials Screenshot

Sage Business Cloud Financials

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★★★★★
(2)
Sage Business Cloud Accounting empowers small and medium businesses to achieve their ambition by reducing the time spent on low-value tasks. By offering full integration with Salesforce and thousands of other business apps, Sage Business Cloud Financials enables businesses to benefit from a single real-time source of information so they can efficiently manage their business. Inherently mobile, natively social, scalable and global, Sage Live smashes down company silos and international
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$300/month
Client OS
Web
Deployment
Cloud Hosted
Multiview Screenshot

Multiview

★★★★★
★★★★★
(3)
Multiview is an ERP software designed to enhance financial operations. Its key features include advanced financial consolidation, customizable reporting, and integrated budgeting and forecasting. Multiview offers customizable dashboards, data export to Excel, and advanced drill-down capabilities to enhance audit efficiency and data transparency.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Windows
Deployment
Cloud or On-Premises
AccountEdge Screenshot

AccountEdge

★★★★★
★★★★★
(9)
AccountEdge is a small business accounting software that helps business owners organize, process, and report on their financial information so they can focus on their business. Its feature set includes accounting, integrated payroll, sales and purchases, contact management, inventory tracking, time billing, and more. There are separate pricing plans for Mac and Windows users, though the monthly subscription for the first license is still $20. A 30-day free trial is available; no credit card is required.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$20/month
Client OS
Windows, macOS
Deployment
On-Premises
QuickBooks Desktop Enterprise Screenshot

QuickBooks Desktop Enterprise

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★★★★★
(40)
QuickBooks Desktop Enterprise is a Windows-based accounting system for small to medium businesses. It’s perhaps Intuit’s most advanced platform under the QuickBooks brand, offering more capacity and advanced inventory features. The software’s strong inventory management tools, including advanced tracking and automation, particularly benefit businesses managing complex inventory across multiple locations. [QuickBooks Desktop Enterprise offers cloud access](https://quickbooks.intuit.com/desktop/enterprise/hosting/) as an annual subscription, in addition to its on-premises offering. It also has industry-focused editions with tools and reporting tailored to specific business needs, enhancing customization.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$199/month
Client OS
Windows
Deployment
Cloud or On-Premises
Sage 50cloud Accounting Screenshot

Sage 50cloud Accounting

★★★★★
★★★★★
(23)
Sage 50c is accounting software that includes functions such as accounts payable and receivable, general ledger reporting, and inventory management. Additionally, the solution offers features like sales tax reporting, automated W2s, and precise tax calculations for employee withholdings.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$439/user/year
Client OS
Windows
Deployment
On-Premises
GoDaddy Online Bookkeeping Screenshot

GoDaddy Online Bookkeeping

★★★★★
★★★★★
(6)
GoDaddy Online Bookkeeping (formerly Outright) is a web-based accounting software for online retailers.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$8/month
Client OS
Web
Deployment
Cloud Hosted
Kashoo Screenshot

Kashoo

★★★★★
★★★★★
(2)
Kashoo is an invoice and accounting software built for small business. It lets users do the basics, such as send invoices, setup credit card payments, and provides easily digestible reports. It also offers straightforward bank reconciliation and efficient tax filing reports. The platform is completely online and is designed for use by average business owners, not certified accountants.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$324/year
Client OS
iOS, Web
Deployment
Cloud Hosted
Certinia ERP Screenshot

Certinia ERP

★★★★★
★★★★★
(1)
Formerly FinancialForce, Certinia offers a comprehensive Services-as-a-Business platform that integrates and powers various aspects of service operations, including estimation, delivery, customer success management, financial planning, and accounting. It’s built on the Salesforce platform, providing a user-friendly interface and seamless integration with Salesforce tools. Key features include professional services automation to improve project profitability, resource management for optimizing staff deployment, and innovative billing solutions for various pricing models. Additionally, Certinia’s ERP system enhances overall business efficiency, helping companies manage their global operations more effectively and adapt to new business models with ease.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$175/user/month
Client OS
Web
Deployment
Cloud Hosted
Tipalti Screenshot

Tipalti

★★★★★
★★★★★
(4)
Tipalti is an accounts payable software that manages complex payment setups, supporting multiple currencies and international tax compliance. The platform streamlines invoice recording, approval workflows, and global payment processes. Its OCR (Optical Character Recognition) capability and automated invoice processing reduce the risk of errors. Tipalti automates and speeds up the accounts payable and closing processes.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$149/month
Client OS
iOS, Android, Web
Deployment
Cloud Hosted

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