Home/Accounting Software/Top Accounting SoftwareUpdated on: May 28, 2023
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Top Accounting Software

 Businesses use accounting software to track their financial statements, cash flows, bank accounts, and purchase history. For any business, either big or small, it's essential to ascertain profits and maintain account books that keep a tab of the financial position of the company. All of it can be done using accounting software. But which accounting software should be ideal for your business? To help you make a better decision, here we have the list of top accounting software. The list also includes features, pricing, alternatives, and reviews. You can also easily compare different accounting software and choose the one that suits your particular business needs.

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Sunrise - Top Accounting Software
84%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Sunrise

Manage your accounts with utmost ease using Sunrise
(334 Ratings)

Sunrise pricing: Starts at $99.0. Offers Free-forever plan.

What is Sunrise and how does it work?

Sunrise is a smart account and transaction management software that facilitates easy and simple finance management for businesses, individuals, and enterprises. Sunrise is used for making business transactions easier, and so does the business. Sunrise aims at automating what you can and set up interrogations that allow you to see your full financial picture at once. As the name suggests, Sunrise makes transacting brighter and safer. It reminds you of your upcoming payments, bills, etc. Its unique software offers a better way for accepting payments, streamlining billing, and managing your database. If you own a small business then you definitely understand that accounting on your own is burdensome, but at Sunrise, they make this task easier and help you manage your accounts and finances quickly with efficiency. Sunrise integrates all of your financial systems into one flow; automates your invoices to free up time; and puts financial visibility in your inbox with recurring reports. Sunrise is user-friendly, it provides 24*7 customer assistance, and also provides a trial for new users along with a variety of premium plans to choose from. show more

Zoho Books - Top Accounting Software
94%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
(597 Ratings)

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

What is Zoho Books and how does it work?

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 transactions in multiple currencies across the globe. Zoho Books also offers professional invoice services along with a tax filing portal that allows you to directly file your returns. The software also provides other accounting services like Bank Reconciliation, and handling your general and accounts, letting you concentrate more on the core activities. show more

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

KhataBook

Manage multiple business transactions from one place
(42 Ratings)

KhataBook pricing: KhataBook Offers Free-forever plan.

What is KhataBook and how does it work?

KhataBook is an intuitive digital ledger app that helps micro, small and medium merchants to track and record their business transactions safely. It also allows users to send and receive online payments through UPI and QR code. Moreover, the app generated reports can be downloaded and shared by the users, with every transaction to maintain a proper schedule of debits and credits easily. It conducts automatic data backups, facilitating accurate protection against phone theft or loss. Khatabook automatically syncs all of the data, saving hours of users’ time. With the KhataBook QR, users can receive payments from any other app. They can send automatic payment reminders along with the payment links to customers and receive timely payments. The app provides 24x7 support available in 12 languages for any generated queries. More than 4 crore+ businesses have been registered for this app in 4000+ cities across India. show more

Quickbooks - Top Accounting Software
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
(30,444 Ratings)

Quickbooks pricing: Starts at $15.0.

What is Quickbooks and how does it work?

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 seconds with a few clicks. The real-time reports and dashboards help you to take control of your cash flow and see where the money is going. Quickbooks offers almost all the accounting services a business needs, ranging from handling the accounts receivable or payable to Fixed Asset Management. show more

GimBooks - Top Accounting Software
80%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

GimBooks

A Unique Mobile-first Bookkeeping And Integrated Banking Platform
(0 Ratings)

What is GimBooks and how does it work?

GimBooks is a cloud-based tool that lets users create professional and elegant looking Invoices, Purchase Orders, and Quotations, while also managing their inventory, expenses, and ledgers. The tool enables the MSMEs to manage their business efficiently. Users can select beautiful & professional looking Invoices specific to their industry or trade. Using the tool, users can create and share GST Invoices & E-waybills with customers and also manage and check their inventory instantly. Users can use Gimbooks to send gentle reminders to their customers near the due date of the invoice. It also has a reporting tool that lets users keep a live track of various business reports. Users can also file their GST efficiently and in no time. Users can check out and create other vital documents like purchase orders, delivery challans, debit notes, and credit notes using this tool. GimBooks can be used via any browser. It also has a mobile app that can be downloaded from the Playstore for quick use. show more

Xero - Top Accounting Software
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
(6,975 Ratings)

Xero pricing: Starts at $11.0.

What is Xero and how does it work?

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 collaboration over data which is accessible through a single ledger. Xero also provides Bank Reconciliation services by importing the various transactions from your bank accounts and matching them with your cash-book. Business finances and cash-flow statements are updated on a real-time basis, helping you to keep a track of all your expenses and transactions. show more

Wave - Top Accounting Software
97%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
(1,566 Ratings)

Wave pricing: Wave Offers Free-forever plan.

What is Wave and how does it work?

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 other features that a company might be looking for in an online accounting software are provided at very affordable price. If used efficiently, it can help a company save a lot of money on its accounting activities. This is a very good option for any small business looking for an online solution to handle accounts. show more

Credflow - Top Accounting Software
82%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Credflow

Managing small businesses simplified
(0 Ratings)

Credflow pricing: Credflow Offers Free-forever plan.

What is Credflow and how does it work?

Credflow is an SME managing software that helps small enterprises with handling finances. The platform helps businesses to manage their cash flow and make decisions by applying deep insights. Moreover, businesses can reduce their dependency on the accounts department by a smooth distribution of information even when the services are remote. Companies can also track communication history with clients. Businesspersons can create schemes of incentives for their debtors. Besides, they can avoid poor debts and control their credit extension. It also provides real-time reports for promoters that are auto-generated. Businesspersons opting for their services get automated reminders of payment along with invoice auto-sharing. It further helps the companies with an understanding of their finances by projecting cash flow, analysing the ageing of debtors and the average period of collection. Besides, the data input is secured with multiple layers of security. It does the job by end-to-end encryptions with a strict privacy policy. show more

OkCredit - Top Accounting Software
87%The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

OkCredit

Transactions Made Safe with Bahi Khata
(157 Ratings)

OkCredit pricing: OkCredit Offers Free-forever plan.

What is OkCredit and how does it work?

OkCredit software is a platform used to track receivables and payables in minutes. The software offers timely reminders via free SMS and WhatsApp to make instant payments. Monitor transactions with reports and statements on any device. It supports Mobile Android and iOS. Small business make use of the software. show more

Freshbooks - Top Accounting Software
97%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
(5,129 Ratings)

Freshbooks pricing: Starts at $13.5. Offers Custom plan.

What is Freshbooks and how does it work?

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. Freshbooks time tracking feature will provide you information so that you can invoice your bill for exactly what you’re worth. This easy-to-use software also provides a mobile app which allows you to keep a check on the accounting processes all the time. Freshbooks was awarded as “Leader in the Fall 2017 Small-Business Accounting Grid Report” based on customer satisfaction and market presence. show more

List of Top Accounting Software

PRODUCT NAME SW SCORE (OUT OF 100) AGGREGATED RATINGS (OUT OF 5)
Sunrise 84 3.8
Zoho Books 94 4.6
KhataBook 90 4.5
Quickbooks 98 4.4
GimBooks 80 NA
Xero 98 4.1
Wave 97 3.6
Credflow 82 NA
OkCredit 87 4.1
Freshbooks 97 4.3