Best Accounting Software

Accounting Software and Tools

Sage 50

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Cloud first accounting software for small businesses with invoicing, inventory, job costing, and payroll add-ons.

Features

Cloud first with desktop functionality
Advanced inventory and job costing
Customizable reporting and integrations

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Parent Company: Sage Group plc Initial Launch: 1981 Primary Audience: Small businesses

Wave

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Free and affordable accounting software for small businesses with invoicing, payments, payroll, and bookkeeping tools.

Features

Free Starter plan for invoicing and bookkeeping
Online payments and auto imports in Pro
Advisors for hands off bookkeeping

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Parent Company: H&R Block Initial Launch: 2010 Primary Audience: Small businesses

FreshBooks

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Cloud based accounting and invoicing software for small businesses with tools for billing, expenses, payroll, and over 100 integrations.

Features

Automated invoicing and payments
Expense tracking with receipt scanning
Project profitability and reporting

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Parent Company: Initial Launch: 2003 Primary Audience: Small businesses

Xero

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Cloud based accounting software for small businesses with AI tools, invoicing, bank reconciliation, inventory, and over 1000 app integrations.

Features

AI insights and automation
Scalable plans for business growth
Over 1000 app integrations

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Parent Company: Xero Limited Initial Launch: 2006 Primary Audience: Small businesses

QuickBooks Online

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Cloud based accounting software for small businesses with AI automation for bookkeeping, invoicing, payments, and reporting, plus expert assistance and 800+ integrations.

Features

AI-powered automation for bookkeeping and insights
Scalable plans with user limits and mobile access
Extensive integrations and expert assistance