Accounting software has revolutionized the way businesses manage their finances. It has become essential for small and medium-sized businesses to have reliable accounting software to keep track of their finances. With so many accounting software options available in the market, it can be challenging to choose the right one. This article will discuss the top 10 accounting software, their features, and their pricing.
- QuickBooks
QuickBooks is the most popular accounting software in the USA. It is an all-in-one accounting software that offers features such as invoicing, expense tracking, payroll, and financial reporting. It is designed for small and medium-sized businesses and has both cloud-based and desktop versions. QuickBooks is user-friendly, and you can easily customize it to fit your business needs. It also integrates with third-party applications such as Shopify and PayPal.
Pricing: QuickBooks offers a 30-day free trial, after which you can choose from three pricing plans: Simple Start ($25 per month), Essentials ($40 per month), and Plus ($70 per month).
- Xero
Xero is a cloud-based accounting software that offers features such as invoicing, expense tracking, payroll, and bank reconciliation. It is designed for small and medium-sized businesses and offers unlimited users. Xero has a user-friendly interface, and you can easily customize it to fit your business needs. It also integrates with third-party applications such as PayPal, Stripe, and Shopify.
Pricing: Xero offers a 30-day free trial, after which you can choose from three pricing plans: Early ($11 per month), Growing ($32 per month), and Established ($62 per month).
- FreshBooks
FreshBooks is a cloud-based accounting software that offers features such as invoicing, expense tracking, time tracking, and project management. It is designed for small businesses and freelancers and has a user-friendly interface. FreshBooks also offers a mobile app, making it easy for you to manage your finances on the go.
Pricing: FreshBooks offers a 30-day free trial, after which you can choose from four pricing plans: Lite ($15 per month), Plus ($25 per month), Premium ($50 per month), and Select (custom pricing).
- Zoho Books
Zoho Books is a cloud-based accounting software that offers features such as invoicing, expense tracking, inventory management, and project management. It is designed for small and medium-sized businesses and has a user-friendly interface. Zoho Books also integrates with third-party applications such as Stripe, PayPal, and G Suite.
Pricing: Zoho Books offers a 14-day free trial, after which you can choose from three pricing plans: Basic ($9 per month), Standard ($19 per month), and Professional ($29 per month).
- Wave
Wave is a cloud-based accounting software that offers features such as invoicing, expense tracking, payroll, and financial reporting. It is designed for small businesses and has a user-friendly interface. Wave also offers a mobile app, making it easy for you to manage your finances on the go.
Pricing: Wave offers a free accounting software, but if you need payroll services, you can choose from two pricing plans: Payroll ($20 per month) and Payments (2.9% + 30¢ per transaction).
- Sage Intacct
Sage Intacct is a cloud-based accounting software that offers features such as financial management, project accounting, and revenue management. It is designed for mid-sized businesses and has a user-friendly interface. Sage Intacct also integrates with third-party applications such as Salesforce, Workday, and ADP.
Pricing: Sage Intacct does not offer a free trial, and you need to contact their sales team for pricing information.
- NetSuite
NetSuite is a cloud-based accounting software that offers features such as financial management, project management, and inventory management. It is designed for small and medium-sized businesses and has a user-friendly interface. NetSuite also integrates with third-party applications such as Salesforce, Shopify, and PayPal.
Pricing: NetSuite does not offer a free trial, and you need to contact their sales team for pricing information.
- Kashoo
Kashoo is a cloud-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. It is designed for small businesses and has a user-friendly interface. Kashoo also offers a mobile app, making it easy for you to manage your finances on the go.
Pricing: Kashoo offers a 14-day free trial, after which you can choose from two pricing plans: Business ($19.99 per month) and Enterprise ($39.99 per month).
- MYOB
MYOB is a desktop-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. It is designed for small and medium-sized businesses and has a user-friendly interface. MYOB also offers a mobile app, making it easy for you to manage your finances on the go.
Pricing: MYOB offers a 30-day free trial, after which you can choose from three pricing plans: Essentials ($27 per month), AccountRight ($60 per month), and Advanced (custom pricing).
- AccountEdge Pro
AccountEdge Pro is a desktop-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. It is designed for small businesses and has a user-friendly interface. AccountEdge Pro also offers a mobile app, making it easy for you to manage your finances on the go.
Pricing: AccountEdge Pro offers a 30-day free trial, after which you can purchase the software for a one-time fee of $399.
Conclusion
Choosing the right accounting software for your business is crucial for managing your finances effectively. The top 10 accounting software are QuickBooks, Xero, FreshBooks, Zoho Books, Wave, Sage Intacct, NetSuite, Kashoo, MYOB, and AccountEdge Pro. Each software has its own unique features and pricing plans, so it’s important to choose one that fits your business needs and budget.