Canopy is primarily designed for tax firms and helps automate menial and other time-consuming tasks so CPA’s can focus on more important work during tax time. It also comes with several features that help provide a more connected and transparent client experience. Multiview comes with a budgeting and forecasting feature, which allows users to create budget approval workflows and then compare those to actual results. You can take a photo of your receipts or invoices with your cell phone, upload them via your desktop, or forward them to a dedicated and unique Receipt Stash email address. You can create your own rules, and the system will automatically categorize and add pertinent information, such as tax rates or nominal codes.

Manage your inventory in 
real-time

The service has always been great at allowing you to include a lot of detail with your bank transactions. Intuit has implemented AI, adding three new tools to the transaction register. You can message the person responsible for a specific transaction to request more details or obtain a receipt. If you don’t recognize the vendor, you can pop open a box with a description. In the cloud, you have access to your business data any where with an internet connection, on any device. All your data is in one place so you’ll always have access to the latest data even with multiple collaborators like your bookkeeper or your accountant.

Spend less time in the books

• Wave offers free accounting, invoicing, and receipts software that helps freelancers and small business owners run their businesses more efficiently.
• If you log more than a few transactions a month, the lack of automation adds major time and hassle—you’ll want the $40 a month (or $50, billed monthly) Professional plan instead.
• To get a feel for the site, we did our trial run on Kashoo’s full app experience.
• Most small businesses are watching every penny, and those software subscriptions can add up fast.
• Accounting software is a great way to manage your finances if you’re a small business owner, freelancer or contract worker.
• The product’s mobile app is criticized for frequent crashes, lack of essential features and cumbersome login process.

While Xero has a decent reputation on third-party review sites, the “F” rating is still something to keep an eye on. Since it seems to have more usage issues than other accounting software (leading to good but frequent use of customer support), it doesn’t rank quite as highly as more reliable platforms in our review. However, it does have a competitive price range, so it may be worth looking into, though the lack of a free trial before paying is another drawback. As for integrations, you can find plenty of apps and programs that work natively with FreshBooks’ accounting software. For example, you can integrate with online payment processors like PayPal, Stripe, and Gusto.

The 9 Best Small-Business Accounting Software of 2025

Automatically add tracked time and expenses, Accounting Errors calculate taxes, and customize your payment options. With no limits, users send invoices and receive timely payments for free. Keep track of all of your payments, invoices, expenses, etc. in one place with zero fees.

Fitness Trackers

It’s worth checking if the software you’re considering offers a mobile app and, if so, what features will help you manage your business while you’re away from the office. If you’re a freelancer or a service business that doesn’t need inventory management or payroll-related features, Wave Accounting may be a good option for you. You can access Wave’s free accounting software either online or on the mobile online bookkeeping app, and give your accountant easy access to your reports at year-end.

Seriously smart product suite.

Wave is a popular choice for businesses seeking free accounting software. It offers a comprehensive suite of features, including invoicing, expense tracking, and receipt scanning, without charging monthly or annual fees. If you’re looking for robust reporting and deep data-driven insights, Sage 50 is the accounting software for you. Starting at $668 per year, Sage 50 offers some of the strongest reporting tools we encountered in our review. In just one click, you can access extensive reports on expenses, profits, inventory, payroll and receivables. You’ll also be able to create customizable reports and use filters to get custom views that give you exactly the information you need.

Accounting Seed natively integrates with Salesforce, and they claim it is flexible enough to handle the accounting needs for large companies in any niche or industry. It allows users to create highly customizable processes that work best for the way the company does business. Bill.com helps automate tedious accounts payable and accounts receivable work. It seamlessly connects with Sage Intacct, Oracle NetSuite, Xero, and QuickBooks. The Android or iOS app ensures https://www.bookstime.com/ you can stay connected even when out of the office. Many businesses will value this service, as it can help save a lot of time and get new users quickly up to speed.

• We like that Xero’s paid plans are based on size, with features and pricing tailored to businesses at different stages of growth.
• NetSuite is similar to Zoho in that it offers an ecosystem of apps that connect seamlessly to help you manage your finances and operations easily.
• This is similar to a few other accounting software sites in our review.
• FreshBooks, Xero and QuickBooks Online stand out for going beyond the basics.
• Our mission is to equip business owners with the knowledge and confidence to make informed decisions.

Best for Personal Finance Tools

Simply log in on a web browser and jump right into your QuickBooks online account. Your personal data and settings are right there, stored safely in ‘the cloud’. Accounting software needs to be feature-laden for it to be useful for a small business, and that’s what we looked for when considering QuickBooks alternatives.

The platform’s core accounting capabilities include general ledger functionality, accounts receivable and payable management, tax administration, fixed asset tracking, and cash and payment processing. NetSuite accommodates various billing models—whether transaction-based, subscription, usage-driven, or hybrid—while maintaining full integration with advanced revenue management and compliance features. Our final ratings were determined by focusing on these seven primary criteria, which were broken down into 32 metrics for a thorough evaluation. Below, we offer a closer look at each of these detailed evaluation criteria.