Best Accounting Software for Small Business

QuickBooks Online is a cloud-based accounting software that integrates with banks and offers features such as invoicing, payroll, and financial reporting. Reviewers like the software's ease of use, real-time access, automatic bank feeds, powerful reporting, and the ability to manage finances from anywhere, making bookkeeping faster, accurate, and well-organized. Reviewers noted issues with high subscription costs, occasional disconnection or miscategorization of bank feeds, limited customization for complex accounting needs, and slow or inconsistent customer support.

Xero is a cloud-based accounting software that provides functionalities such as invoicing, bank reconciliation, and financial reporting. Reviewers like Xero's clean interface, easy invoicing, seamless bank reconciliation, and the ability to access their cash flow from anywhere due to its cloud-based nature. Reviewers noted that the cost of Xero has been increasing, its reporting can be inflexible, and some features take too long to be added or are missing.

Sage Intacct is a software used for accounting, offering features such as automated workflows, approvals, consolidations, and report building. Reviewers frequently mention the software's user-friendly interface, its ability to improve efficiency and reduce manual errors, and its integration with other platforms. Users mentioned that customization and report building can be complex for new users, certain advanced features can increase costs, and some processes are overly complicated.

NetSuite is an ERP solution that provides inventory management, financial statement reporting, and customizable transaction flows. Users like NetSuite's robust integration capabilities, its customizable financial reporting, and the ease of planning inventory and orders based on demand and sales history. Users experienced issues with NetSuite's support, found the manufacturing modules needing improvement, and reported difficulties in navigating the system and understanding its settings.

FreshBooks is an invoicing and expense tracking application designed for small teams and client-based work. Reviewers frequently mention the ease of use, the ability to manage taxes, the simplicity of creating and sending invoices, and the excellent customer support as standout features of FreshBooks. Reviewers noted limitations in reporting and customization, issues with the kilometer system, restrictions on the number of clients for small businesses, and the lack of offline access as areas for improvement.

QuickBooks Desktop Enterprise is an accounting software designed for growing businesses, offering features like customizable reporting, advanced inventory tracking, and user permissions. Reviewers like the software's scalability, robust feature set, and its ability to handle large amounts of data, with users appreciating the detailed and customizable reporting features, as well as the software's integration capabilities with other systems. Reviewers noted that QuickBooks Desktop Enterprise can be complex and overwhelming for new users, requires more setup and sometimes IT support, and comes at a higher price point compared to other QuickBooks versions.

QuickBooks Desktop Pro is an accounting software that allows users to manage invoices, track expenses, handle payroll entries, and generate detailed financial reports. Reviewers frequently mention the software's strong accounting features, ability to handle large company files, detailed reporting options, and the convenience of being able to log in from anywhere. Reviewers noted that the interface feels dated, it's not as intuitive as modern cloud tools, collaboration can be harder since it’s not cloud-native, and upgrades or license renewals can get expensive.

Zoho Books is an accounting software that offers features such as invoicing, expense tracking, bank reconciliation, and GST compliance. Reviewers frequently mention the user-friendly interface, seamless integration with other Zoho apps, and the software's ability to handle invoicing, expense tracking, and bank reconciliation efficiently. Reviewers noted limitations in running payroll more than once a month, issues with GSTIN, and challenges in managing different locations or batch-wise tracking as the business expands.

DualEntry is an accounting software that aims to streamline financial workflows and improve data accuracy through its dual-entry system. Reviewers like the user-friendly interface, the automation of repetitive tasks, the real-time data syncing, and the software's ability to handle high-volume transactions smoothly. Reviewers experienced issues with the initial setup being time-consuming, lack of detailed documentation for advanced features, limited customization options, and occasional integration problems with other tools.

TallyPrime is an accounting software that handles tasks like GST calculations, invoicing, and financial reporting, and also offers features like inventory tracking and GST compliance. Users like TallyPrime's simplicity, its ability to save time in day-to-day accounting, reduce errors, provide quick access to accurate reports, and its interlinked modules that allow changes at one place to be reflected everywhere. Reviewers mentioned that TallyPrime has a challenging learning curve for new users, limited customization of reports and invoices, issues with integration with third-party apps and cloud-based access, and problems with data crashes during upgrades.

Refrens Accounting is an invoicing and accounting platform designed to create invoices, track transactions, and manage clients for freelancers and small businesses. Reviewers appreciate the user-friendly interface, the ability to create and track professional invoices and quotations quickly, and the responsive customer support. Reviewers experienced limitations with the free plan, lack of advanced accounting features, and issues with mobile experience and customization options.