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Best Small Business Accounting Software

Accounting software has come a long way over the years, transforming the way businesses handle their financial processes. As technology continues to advance at an exponential rate, the future of accounting software holds even more exciting possibilities.

Unique features and user-friendly interface make top accounting softwares like Zoho Books, Beancounter, Melio, Zoho Finance Plus magnificent. Zoho Books is a smart online accounting software designed to help businesses streamline their back office operations, automate business workflows, and help securely collaborate with accountants online.

Bean Counter is primarily an accounting and bookkeeping educational and training site that teaches beginning bookkeeping basics using free beginning bookkeeping and accounting tutorials, courses, exams, tests, quizzes, and lectures with a dose of humor injected. Melio is an accounts payable solution which allows users to pay bills conveniently online via bank transfer, debit card, or credit card. 

Zoho Finance Plus is an integrated suite of financial applications for your business. This suite helps you manage vital components of your business such as accounting, invoicing, subscription management, expense reporting, order and warehouse management.The continuous evolving technology enables accounting softwares to provide sophisticated features and integrations empowering businesses to manage accounts and payments online.

4
4/5

Best For

Simplifying business payments

Price

No

Annual Discount

No

Promotion

Completely free

BeanCounter is a powerful yet easy to use professional bookkeeping, time tracking, and invoicing application. It features double-entry accounting, multiple currency support, and a simple one-window user interface.
Customer support is excellent with knowledgeable and helpful staff. Attractive screens and easy to understand. The interface is user-friendly and has a comprehensive set of features that can elevate any small business to great success.
4
4/5

Best For

Simplifying business payments

Price

No

Annual Discount

No

Promotion

Completely free

Melio is an accounts payable solution which allows users to pay bills conveniently online via bank transfer, debit card, or credit card. Melio supports QuickBooks synchronization and automated scheduling, allowing users to connect with their accounting system and schedule payment transactions automatically.
It’s effortless to set up. More importantly, it’s easy for my clients to accept and adopt the software into their business. Melio has an easy & simple Interface which helped me to easily understand and navigate through the software.
4
4/5

Best For

Double-entry accounting software

Price

Rs.8499/mo

Annual Discount

Yes - Save up to 20%

Promotion

Free 14-day trial

Zoho Finance Plus is an integrated suite of financial applications for your business. This suite helps you manage vital components of your business such as accounting, invoicing, subscription management, expense reporting, order, and warehouse management.
Zoho Finance plus, it majorly deals with the operations of the expenses which occur in the organizations and which employees can use and track it. It significantly helps the accounts and finance team to track the expenses and create reports accordingly.
4.6
4.6/5

Best For

Accounting Software

Price

$20/mo+

Annual Discount

None

Promotion

Try for free

Patriot accounting software stands out from the competition due to its native add-on features and affordable starting price. The business’s finance administrators and HR personnel will have greater visibility of the firm’s financial health, including the payroll, budget, and more. In addition, it offers an excellent user experience, as the platform offers easy navigation as there is no need for a separator journal entry.

From payroll register to tax liabilities, every report will be ordered by type and can be accessed anytime. It will help the manager of HR to manage the employee rather more easily, allowing them to filter, sort, and export the reports as per their requirements. It means you don’t have to run the payroll process every time manually and can be assured of accurate calculations, saving your time and effort to focus on other core tasks of the business.

Free expert support to help small businesses get the best out of their most software who don’t have internal resources to troubleshoot accounting errors or issues.

Simple-to-use and mobile-friendly software, enabling faster and easy access for every employee worldwide.

Unlimited payroll runs to vendors that ensure a streamlined and hassle-free payment process.

Easy import of data from other accounting platforms

Fine-tuned and error-free accounting functionalities.

Access to unlimited users without any additional costs

User-based permission to provide granular control over business data among limited people.

Electronic document management for secured process

4.4
4.4/5

Best For

Streamlined Features

Price

$4.50/mo-$15/mo

Annual Discount

10%

Promotion

Try for free

Freshbooks software offers many customization options to streamline every accounting activities including involving, payments processing, time-tracking, and more. It makes it easy for service-based businesses to handle their basic financial needs on time without compromising the quality and security of the process.

The software is designed for startups and small businesses requiring basic accounting features in one platform. The simplicity of the software makes it stand out from the competitors by making it easy for accounting administrators to juggle between performing functions and analysis of reports.

Personalized email management features with customized invoice patterns, unique logo, and brand signature.

Direct linkage of bank accounts with the software to receive on-time updates on every expense made in the business.

Featuring a time-tracking integration to detect the duration depleted on each business operation, whether its project completion or client engagement.

An in-built automated portal that with easy-to-use and double-entry attributes to simplify every accounting-related task.

Allows the users to create and manage quick and effective collaboration with other third-party accounting systems.

Compatible with mobile devices to remain in contact with the entire team at ease.

Congenial interface to adapt to multi-language and multi-currency systems

Cost-effective cloud-based software with a simple learning curve.

Quick access to customer care support via email, phone or live chat.

Integration of multiple payment modes, including credit cards, debit cards and ACH online bank transfers.

SSL-encrypted transactions boost the security of data and maintain the integrity of the business.

Unlimited access to users in tracking expenses, analysing the time spent on business activities and customization in generated invoices

4.2
4.2/5

Best For

Automation

Price

$0-$30/mo

Annual Discount

17%

Promotion

Try for free

A web-based accounting software, Zoho Books is designed with an all-in-one, intuitive interface encompassing several time-saving, advanced features. The fully customizable CRM in the platform makes it an ideal option for startups and growing businesses. The modern interface makes it easy for users to manage finances, automates business operations, and streamlines the workflow across every department.

The finance team can easily view the dashboards with greater visibility of every chart and report, encompassing every payables, inventory, and receivable. It is also possible to confirm sales orders, keep everyone on the team updated, and avoid manual errors in the delivery with real-time information access. The auto-scan feature promptly scans receipts, invoices, and bills and extracts information as required.

Complete inventory management access to seamlessly manage the tasks from monitoring the stock availability to replenishment on time.

Run comprehensive project management with excellent features like role-based access for accurate time tracking, recording every project expense, logging time, and making direct, right invoices.

Create a perfect project estimation within minutes and transform the estimated records into direct invoices with just a click once approved.

A time-saving feature that automates repetitive, error-prone, high-volume, and tedious tasks without compromising security.

Free 14-day trial period

Access to third-party integrations, including Office 365, Razorpay, Paypal, G Suite, and more.

Excellent compatibility with mobile devices.

Availability of RESTful API to make use of extensive customization facilities.

Integration facilities to access the customers’ credit status, new orders, and more.

Extensive invoice templates can also be personalized with unique logos and quick-sharing facilities.

4.15
4.15/5

Best For

SMBs

Price

$12.50/mo-$90/mo

Annual Discount

None

Promotion

Try for free

Intuit’s Quickbooks is the latest, affordable, and comprehensive. Accounting software among small businesses. The software delivers a holistic solution for all accounting activities, including making payments, creating invoices, tracking income, managing expenses, and streamlining payroll functions. It is simple to set up and use, allowing professionals to perform every business task easily.

The software allows easy integration with third-party apps like Amazon, salesforce, Hubspot, and Shopify. The built-in reports in the software save time for businesses in various activities, from creating financial reports to building professional-looking invoices or receipts within minutes. You can also seamlessly upgrade the software plan as your business grows to new scales.

Generate customized professional invoice reports, sales receipts, and estimation reports within minutes.

Faster and greater visibility of the business’s financial health through personalized reports and single-view dashboards.

Enable on-time and safe payment of bills to the vendors, saving time and effort in recurring payments.

Monitor and record every monthly expense to make the finances liable to taxes. Save the receipts securely with the mobile app to access them anytime, anywhere.

Real-time tracking and management of inventory, where you can easily view the stock on hand, automatically getting updated whenever you purchase or sell from vendors to customers.

Offers both cloud-based and on-premise deployment.

Automated backups to stay up-to-date.

Excellent data security (128-bit SSL encryption) ensures security and maintains the business’s integrity.

24/7, prompt and easy access to accountants from across every device.

Enables real-time collaboration between team members and with Windows, Mac, Android, and other operating systems

3.95
3.95/5

Best For

Flexibility

Price

On request

Annual Discount

None

Promotion

Try for free

Accounting Seed is a cloud-based and customizable accounting software designed to handle small businesses’ financial aspects. The software is highly flexible with easy-to-use solutions, creating a collaborative environment for strategic, smart business decisions.

The software is powered by the salesforce, whose open architecture allows reliable and customized connections with tools in the salesforce. The streamlined database enables excellent security and extensive collaboration within a single platform.

A plethora of standard financial reports covering profit and loss, comparative of budget, balance sheets, cash flow statements, and many more, with unique formation and calculation that best fits the business.

Every business is unique and has distinct requirements. With a wide range of customization tools, the software can be personalized to configure businesses of all sizes and types. It includes customization of document management, secret, and more.

The software is fast to set up, and the interface offers potential, incentivized features to gain new prospective customers.

Every repetitive and recurring task can be automated through event automation, scheduled job automation, batch automation, and internal control process automation.

From ordering the goods to replenishment through barcode processing, the software allows the administrator to take control of every inventory aspect.

Create a streamlined and fine-tuned sales order process, including inventory allocation to collect stocks, record packing, shipping details, and purchase orders directly.

Embed purchase orders with sales and payable accounts.
Customer-friendly and intuitive interface
Enable access to multiple customers and multiple banks for seamless integration.
Stripe integration to conduct credit card, ACH payment processing/
Highly configurable and customizable
Excellent automation features to eliminate the manual, error-prone process.