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Updated on: May 24, 2022
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Accounting Software for Small Business

 As a small business owner or freelancer, it's critical for you to have a firm grip on finances. Accounting software helps small business owners by allowing them to track accounts receivable and accounts payable. These tools help get a clear understanding of an organization's profitability as well as tax implications. There are many different types of accounting software available for small businesses with different price tags and capabilities. Here we have a list of top accounting software for small businesses. This list includes software features, pricing, reviews, and alternatives. You can also compare the software with other similar tools and choose the best software for your small business.

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Quickbooks - Accounting Software for Small Business
98%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Quickbooks

Easy and user-friendly software to manage accounts
(10,076 Ratings)

Quickbooks pricing: Starts at $15.0.

An accounting software package developed to offer on-premises accounting applications as well as cloud-based versions to small sized businesses. Quickbooks provides a very user-friendly interface. Regular tasks like creating invoices and getting cash flow reports can be performed in a matter of... read more

Xero - Accounting Software for Small Business
98%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Xero

Efficient tool for small-scale businesses
(6,759 Ratings)

Xero pricing: Starts at $11.0.

Xero is an award-winning online accounting software for small scale businesses. Xero offers a variety of features to make your business function smoothly and efficiently. The software handles all the accounting transactions effectively. It permits unlimited users to get online at a time and work in... read more

Wave - Accounting Software for Small Business
96%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Wave

Most affordable accounting software
(1,632 Ratings)

Wave pricing: Wave Offers Free-forever plan.

An accounting software meant to provide various accounting services to small scale businesses with professional expertise and quality. Wave provides services like Invoicing, Accounting and Receipt scanning without charging a penny to its clients, whereas, features like Payments, Payroll and all the... read more

Freshbooks - Accounting Software for Small Business
96%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Freshbooks

Perfect for small businesses
(5,140 Ratings)

Freshbooks pricing: Starts at $4.5. Offers Custom plan.

An accounting software focused on providing expert accounting services to small scale businesses. It is best suited for self-employed professionals, small scale agencies, firms and consultancies. The software expertise in handling accounting tasks related to billing, invoicing and expense tracking.... read more

Bill.com - Accounting Software for Small Business
96%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Bill.com

Empowers your back-office financial processes
(470 Ratings)

Bill.com pricing: Starts at $39.0. Offers Custom plan.

Bill.com is an advanced bill payment solution for businesses that helps to manage the financial operations of small and mid-size companies. The software integrates and shares financial data with the user's accounting system. Bill.com runs Accounts Payable (AP) and Accounts Receivable (AR) functions... read more

MYOB - Accounting Software for Small Business
93%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

MYOB

Business Software & Solutions
(253 Ratings)

MYOB pricing: Starts at $13.5.

MYOB is designed locally, for local businesses, working with the ATO so you’re always up-to-date. The software tracks when clients receive and open your invoices. Manage bills and expenses, then pay staff in just a few clicks. Stay up-to-date with tax as you go: no more scrambling. You can work... read more

Zoho Books - Accounting Software for Small Business
93%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Zoho Books

Ensures professionalism in your accounting books
(204 Ratings)

Zoho Books pricing: Starts at $15.0. Offers Free-forever plan.

Zoho Books is a simple and affordable accounting software that specializes in keeping a detailed track of the cash flow of your business and helping you track your expenses and income. The software also provides you with multi-currency features that is helpful for an organization making... read more

FreeAgent - Accounting Software for Small Business
93%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

FreeAgent

Your Virtual Assistant is now live!
(216 Ratings)

FreeAgent is a powerful accounting software; moreover, it is the in-demand package for all small businesses as well as big ones. With FreeAgent, the business owner feels natural with receipts, payments, tasks, and deals. It helps you make efficient cooperative decisions with adequate insights and... read more

Qonto - Accounting Software for Small Business
92%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Qonto

Financial management made easy with Qonto
(5,505 Ratings)

Qonto is an easy business banking solution for entrepreneurs and startups. This all-in-one online business accounting platform helps SMEs and freelancers create business accounts as per convenience. Thus getting access to simplified accounting flow and transparent solutions. The services and... read more

Accounting Seed - Accounting Software for Small Business
90%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Accounting Seed

Increased data visibility eliminates uncertainty and inaccuracies
(173 Ratings)

Accounting Seed pricing: Accounting Seed Offers Custom plan.

Accounting Seed, a native accounting and ERP solution on Salesforce with inventory management, project management, fund accounting, and more, will revolutionize the way you handle accounting. Accounting Seed is a cross-industry solution that excels in nonprofit, manufacturing, professional... read more

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List of Accounting Software for Small Business

PRODUCT NAME SW SCORE (OUT OF 100) AGGREGATED RATINGS (OUT OF 5)
98 4.3
98 4.2
96 3.6
96 4.4
96 4.1
93 4.3
93 4.6
93 4.4
92 4.1
90 4.5