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The Best Accounting Software And Invoice Software: The Top 2020 Picks Are In

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With so many accounting programs out there, how is a small business owner to choose? How can you tell which accounting programs are worth your time? What apps give you the most bang for your buck? More importantly, how do you know if you even need full-blown accounting software for your business, or if you’d be better off with invoicing software?

We’re here to help you answer all of these questions and more.

We judged the following accounting programs on price, feature set, accounting strength, usability, customer support, and customer reviews. There are a variety of accounting options for every business size and type so that everyone can find the right fit for their business. Without further ado, here are the top accounting software options for 2020.

Learn More About Our Top Picks

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Best for small businesses looking for fully-featured cloud accounting software that's easy to use

Best for small businesses looking for fully-featured cloud accounting software that's easy to use

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Best for medium to large businesses in need of strong accounting and unlimited users

Best for medium to large businesses in need of strong accounting and unlimited users

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Best for small to medium-sized businesses in search of a locally-installed accounting option or highly-developed accounting capabilities

Best for small to medium-sized businesses in search of a locally-installed accounting option or highly-developed accounting capabilities

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Best for small businesses on a tight budget that still want strong accounting features

Best for small businesses on a tight budget that still want strong accounting features

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Best for small businesses looking for strong accounting and good invoicing at an affordable price

Best for small businesses looking for strong accounting and good invoicing at an affordable price

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Other Featured Options:

  • FreshBooks: Best for small businesses that are looking for an easy-to-use accounting and invoicing solution
  • QuickBooks Self-Employed: Best for freelancers, contractors, and other self-employed business owners in need of bookkeeping
  • FreeAgent: Best for UK businesses
  • QuickBooks Online Canada: Best for Candian businesses
  • Saasu: Best for small to medium-sized businesses in Australia
  • Quicken Home & Business: Best for managing your personal and business accounting all in one place
  • Zoho Invoice: Best for small businesses in need of strong invoicing, basic bookkeeping, and business management features
  • Square Invoices: Best for product-based businesses in need of invoicing, online payment processing, and detailed sales analytics
  • Invoice Ninja: Best for freelancers and small business owners looking for strong invoicing and light bookkeeping
  • Harvest: Best for service-based businesses that need invoicing as well as strong time tracking and project management
  • Bill.com: Best for any size business looking to automate accounts payable and simplify the bill paying process
  • Fattmerchant Virtual Terminal: Best for established businesses that want to use one program for invoicing and payment processing
  • Invoicera: Best for small businesses with two users or fewer looking for strong invoicing, project management, and billing automations at an affordable cost
  • Invoice2go: Best for small businesses looking for cloud-based invoicing software with strong mobile apps

Read more below to learn why we chose these options.

Best Accounting Software

Accounting software is a must-have for business owners looking to balance the books, manage their finances, and analyze their business’s cash flow. Here are the top accounting programs that fit a variety of business sizes and types, so you can find what software your business needs to succeed.

1. QuickBooks Online (QBO)

QuickBooks Online



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Best for small businesses looking for fully-featured cloud accounting software that’s easy to use. Ideal for ten users or fewer.

QuickBooks Online is one of the biggest names in accounting — and for good reason. QBO is an easy-to-use cloud-based software with tons of features geared specifically toward small businesses. It’s one of our favorite options for small business owners, especially since QuickBooks has recently been working on improving customer support. Despite some improvement, QBO still falls a little short in this area, particularly because it does not offer email support. However, the numerous add-ons and integrations, solid security, and an easy-to-use, intuitive interface make QBO a top choice in accounting software.

At the end of 2017, QuickBooks set itself apart with a brand new lending feature: QuickBooks Capital. QuickBooks Capital uses the information already in QuickBooks Online to determine if a small business owner is eligible for a loan. In 2019, QBO continued releasing updates month after month. Some recent updates include the addition of mileage tracking, improved job costing, and a brand new QBO Live Bookkeeping service that allows business owners to get help from real accountants and QuickBooks experts whenever they need it.

QuickBooks Online Pricing

QuickBooks Online offers four pricing plans ranging from $20/month-$150/month. The larger the plan, the more features you have access to, and the more users are allowed. The most comprehensive plan, QuickBooks Advanced, offers 10+ users, advanced reporting, and priority care support.

Payroll costs an additional $35/month-$80/month (plus $4/month per employee). Luckily, Intuit is almost always running a sales promotion. Read our complete QuickBooks Online review for all the pricing details.

QuickBooks Online Features

QBO is easy to use, especially considering all of the time-saving automations built into the software. QBO offers an impressive number of features, including invoicing, contact management, time tracking, project management, inventory, and more.

Best Accounting Software for Small Businesses 2019

In terms of invoicing, QuickBooks offers some of the best options out there. Not only can you easily customize five different invoice templates, but you can also set recurring invoices and autoschedule invoices to go out at a later time. QBO shines in terms of accounting by offering a strong chart of accounts, bank reconciliation, and ample reporting.

Here are some of the other features you can expect with QuickBooks Online:

  • Expense tracking
  • Accounts payable
  • Class tracking
  • Tax support
  • Budgeting

Additionally, QuickBooks Online offers 590+ integrations, including 25 payment processing options. The software also has great mobile apps available.

In the past, QuickBooks has been notorious for slow response times and weak customer support. However, Intuit is trying to improve response times and has overhauled the QuickBooks Online Help Center, so while the support still isn’t ideal, help is more accessible.

When To Use QuickBooks Online

QuickBooks is one of the best small business accounting software options. QuickBooks Online is easy to use while still offering strong accounting and good features. The software is ideal for businesses with fewer than ten users. While the price of multiple users and payroll can quickly add up, the tradeoff may be worth it considering the number of features you get.

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2. Xero

Xero



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Best for medium to large businesses needing strong accounting and unlimited users.

With 4.5/5 stars, Xero is one of our top accounting software choices for a reason. Xero offers strong cloud accounting and an impressive number of well-developed features. Best of all, Xero offers unlimited users, no matter which of the plans you have.

At the end of 2018, Xero introduced a brand new pricing structure and discontinued its built-in payroll. While many users took issue with this, Xero’s payroll feature was always pretty limited. Xero now integrates with Gusto for a more capable payroll solution and has finally implemented a project feature that users have been waiting to see for years.

Xero Pricing

Xero offers three pricing plans ranging from $9/month-$60/month. Each step up in pricing increases the number of features and invoices you have access to. Each plan also has an unlimited number of users. The smallest plan is a bit limited, with only five invoices and 20 bank transactions a month, but the larger plans can be good fits for mid to large-sized businesses. Read more about Xero’s pricing in our complete Xero review.

Xero Features

Xero is chock-full of features. With such in-depth functionality, the software does have a steep learning curve and takes a while to learn. Xero offers invoicing, expense tracking, time tracking, and some of the best contact management out there.

Best Accounting Software

Xero’s feature set includes all of the accounting features you’d expect and more. The software has a strong chart of accounts, bank reconciliation, fixed asset management with built-in depreciation schedules, 55 reports, and true double-entry accounting.

Here are a few more of our favorite Xero features:

  • Accounts payable
  • Project management
  • Tracking categories
  • Printing checks

Additionally, Xero works with over 700 integrations, including nearly 30 payment processing apps.

Xero doesn’t offer phone support. In the past, Xero was quick to respond to emails. In recent times, response times have taken a turn for the worse. However, Xero does have a lot of other business resources, including a comprehensive help center with hundreds of how-to articles. And, to help make up for the lack of phone support, we’ve created a complete guide on How To Set Up Your Xero Account.

When To Use Xero

If you’re willing to put in the time to learn this software, Xero won’t let you down. With strong accounting, advanced features, 700+ integrations, and unlimited users, the software is a great choice for medium to large businesses. Some small businesses may find the sheer depth of features to be more than they need and might want to consider a simpler, more affordable software.

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3. QuickBooks Pro

QuickBooks Desktop Pro



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Best for small to medium-sized businesses with three users or fewer in search of a locally-installed accounting option or highly-developed accounting capabilities.

This 4/5 star accounting option has been one of the staples in accounting since 1992. Over the years, QuickBooks Pro has continued to offer fully-developed accounting software, robust business management features, and an impressive number of integrations for a locally-installed program.

Recent updates include the ability to track invoices, manage bills more efficiently, and compress company files for better storage.

QuickBooks Pro Pricing

There are two pricing options for QuickBooks Desktop Pro. You can either purchase a QuickBooks Pro license for $299.95 or a yearly subscription of QuickBooks Pro Plus for $299.95/year.

If you go with the QuickBooks Pro license, the license is good for three years, after which Intuit drops support for the software. You will have to pay extra for phone support. If you go with QuickBooks Pro Plus, updates and support are included. Additional users cost extra. For the full scoop on QuickBooks Pro’s pricing, check out our review.

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QuickBooks Pro Features

When it comes to features, you can’t beat QuickBooks Desktop Pro (unless you’re ready to go with a full ERP system). These features do come with a steep learning curve, but for accountants, those with an accounting background, or the business owner who just wants to get their accounting right, taking the time to learn the software pays off.

Best Accounting Software

QuickBooks Pro supports expense tracking, invoicing, contact management, inventory, accounts payable, and more. Not only do we love how many features the software has, but we also love how developed each feature is. In terms of accounting, QuickBooks Pro offers a depth that most software programs simply aren’t capable of.

Some of our other favorite QuickBooks Pro features include:

  • Built-in calendar and to-do lists
  • Budgeting
  • Tax support
  • Printing checks
  • Mileage deductions

There are a few things to be aware of before choosing this software. The additional cost for phone support for QuickBooks Pro users is an inconvenience for some, although there are other resources and ways to contact QuickBooks that don’t cost a dime. Since this is locally-installed software, data security is also up to you. Despite this, though, QuickBooks Pro has received overall favorable reviews from its users.

When To Use QuickBooks Pro

If you are looking for true accounting and highly-developed features, QuickBooks Desktop Pro could be a good fit for you. As locally-installed software, QuickBooks Pro lacks the mobility of the other options in this post. However, it does have the potential to be more secure and offers more customizable accounting.

The learning curve might be enough to scare away smaller businesses, especially if you are in the market for easy accounting software. But if you aren’t afraid of investing some time into the software, QuickBooks Pro could be a good choice for your small business.

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4. Wave

Wave



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Best for small businesses on a tight budget that still want strong accounting features. Ideal for Etsy sellers and micro-businesses as well.

With an easy-to-use interface, plenty of features, and a compelling price, Wave is one of our top accounting choices. Wave offers free accounting software for small businesses and doesn’t sacrifice quality for affordability. Add lending and great customer service to the mix, and it’s easy to see why this software gets 4/5 stars.

A new Wave design and Wave logo, as well as other improvements (such as automated expense tracking and a lightweight eCommerce feature), have made an already good software even better. Wave also launched an impressive service called Wave Advisors, where small business owners can pay for professional bookkeeping help. You can pay to have a Wave Bookkeeping expert teach you the basics of accounting and using the software. Alternatively, you can pay a monthly fee for a designated accountant who handles your bookkeeping for you.

Wave Pricing

As we mentioned earlier, Wave is free. With a Wave account, you get access to all Wave features. The only additional costs are payroll, credit card processing, and bookkeeping. Check out our complete Wave review for more details.

Wave Features

Wave offers an incredible number of features that compete with even some paid programs. The software is one of the easiest to use and navigate and takes very little time to get used to. It covers all the basics, including invoicing, contact management, expense tracking, bank reconciliation, and more.

Best Accounting Software

Wave also has several features that make it unique. Wave allows users to separate personal and business expenses — which is ideal for freelancers or side hustlers who don’t yet have a business bank account. Wave also offers Lending by Wave, which partners with OnDeck to give you access to short-term loans and lines of credit. Read Lending By Wave: Everything Small Businesses Need To Know to learn more.

Here are a few other features you can expect with Wave:

  • Item management
  • Billing
  • Tax support

Wave doesn’t offer as many integrations as some of the other programs on this list, but it does support a Zapier integration, which connects Wave with 1,000+ third-party apps. Beyond Zapier, Wave only offers three additional integrations. The Etsy integration is particularly helpful for Etsy sellers in need of accounting software to run their business and separate personal and business expenses.

The only drawbacks with Wave are the lack of a project management feature,  the lack of time tracking (unless you pay for payroll), and the poor customer service. Email support time is quite slow, but the company offers a ton of business resources, including a well-developed help center with thorough how-to videos. (Phone and chat support are available for payroll and credit card processing questions.) There is no real inventory feature, either. If this is important to your business, you can look for a Wave integration or keep searching for different software.

When To Use Wave

Wave’s features and pricing make it a compelling option for many small businesses. If you’re looking for free accounting software, it doesn’t get better than Wave.

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5. Zoho Books

Zoho Books



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Best for small businesses looking for strong accounting and good invoicing at an affordable price. Ideal for international small businesses.

Zoho Books is an affordable accounting software option with the best invoicing features on the market. The software has an easy-to-use UI as well as amazing customer support and fully-featured mobile apps. What truly sets Zoho Books apart is the ability to send invoices in over ten different languages.

In recent years, Zoho Books has improved its uptime, navigation, and integration selection.

Zoho Books Pricing

Zoho Books offers three scalable pricing plans ranging from $9/month-$29/month. Every plan comes with unlimited invoices and basic features, such as expense tracking and reporting. With each step up in the plans, you’ll have access to more contacts, users, and advanced features. Read our full Zoho Books review for the details on each pricing plan.

Zoho Books Features

In terms of features, Zoho Books rivals QuickBooks Online while still maintaining lower pricing and being far easier to use. This software is well organized and takes little time to understand. Zoho Books doesn’t skimp on accounting features either, supporting journal entries, a chart of accounts, accounts payable, fixed asset management, bank reconciliation, and reporting.

Best Accounting Software

As we mentioned earlier, our favorite part about Zoho Books is the invoicing. It offers 16 incredibly customizable invoice templates, recurring invoices, a client portal where customers can pay invoices online, and the unique ability to encrypt invoices. You can also send invoices in 13 different languages.

But there’s more to love with this software than just invoicing. Here are some other Zoho Books features:

  • Inventory
  • Contact management
  • Mileage deductions
  • Project management
  • Time tracking
  • Print checks

Zoho Books offers 31 integrations, including 11 payment gateways, along with a Zapier integration.

Additionally, Zoho Books has a great customer service team that is kind and responsive. Zoho Books offers phone support as well as an impressive number of other help options.

The only downside of Zoho Books is that there are no payroll or budgeting features. For larger businesses in need of payroll or more complex accounting, Zoho Books might not cut it.

When To Use Zoho Books

Zoho Books is an excellent solution for small businesses looking for strong accounting and QuickBooks-quality features without having to pay big-name pricing. The software is scalable, affordable, and offers some great invoicing and international business capabilities.

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6. FreshBooks

FreshBooks



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Best for small businesses that are looking for an easy-to-use accounting and invoicing solution.

For years, FreshBooks has been an impressive invoicing app with some light bookkeeping software touches, but it has always fallen short of being true accounting software. I’m happy to say that FreshBooks has finally updated to double-entry accounting, making it a viable accounting option for small businesses.

FreshBooks is easy to use and offers excellent customer service and strong mobile apps. Other recent additions include new accounting reports, advanced payments, and improved navigation.

FreshBooks Pricing

FreshBooks offers three pricing plans ranging from $15/month-$50/month. Each step up in pricing mainly adds more billable clients and more advanced features. The smallest plan does not include double-entry accounting. Each plan only supports one user (additional users cost an extra $10/month per user). For more details about pricing, read our full FreshBooks review.

FreshBooks Features

FreshBooks is one of the easiest programs to understand and use. Setup is simple, and the features are laid out nicely. In terms of features, FreshBooks offers invoicing, contact management, expense tracking, project management, and more.

Best Invoicing Software

FreshBooks offers two invoice templates and basic customizations. One of the coolest features is the ability to chat with your customers directly on their invoices.

Here are some other features found in FreshBooks:

  • Time tracking
  • Client portal
  • Reports

FreshBooks offers over 80 integrations.

Additionally, FreshBooks always has excellent customer support. There is phone support, email support, a help center, and several other great resources for businesses. Representatives are always helpful and quick to respond to customers.

There are a couple of potential drawbacks to consider before purchasing FreshBooks. In addition to not being full accounting software, FreshBooks offers only a single user. Since FreshBooks is on the same price level as QuickBooks Online, businesses will get more bang for their buck going with QBO or even Zoho Books (although its ease of use might make FreshBooks the better choice, depending on your business’s accounting needs and your own accounting experience).

When To Use FreshBooks

In the past, FreshBooks was not a solution I’d recommend for business accounting, but the FreshBooks team is making leaps and bounds these days, making it a good option for businesses needing easy accounting software.

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7. QuickBooks Self-Employed

QuickBooks Self-Employed



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Best for freelancers, contractors, and other self-employed business owners in need of bookkeeping. Ideal for managing estimated quarterly taxes and maximizing deductions.

Freelancers have a particular set of accounting needs: calculating estimated quarterly taxes, tracking deductions, and separating personal and business expenses for starters. QuickBooks Self-Employed has been helping freelancers navigate these waters since 2014. While this software isn’t quite accounting software, it offers great tax support and basic bookkeeping tools for the self-employed. QuickBooks Self-Employed has improved in recent years by adding integrations and features and updating its interface.

QuickBooks Self-Employed Pricing

There are three pricing options for QuickBooks Self-Employed. You can pay $15/month for all of the features QuickBooks Self-Employed has to offer. Going with the $25/month option will add a Turbo Tax integration to your plan, so you can file taxes with ease. The $35/month plan gives you access to CPAs for help and advice throughout the year. Intuit is almost always running a sales promotion, so be sure to check for any possible discounts before purchasing. To learn more, read our complete QuickBooks Self-Employed review.

QuickBooks Self-Employed Features

QuickBooks Self-Employed is incredibly easy to use and well organized. The features are designed specifically with freelancers in mind to address their financial needs, such as tax support, deductions, and expense tracking. You can easily separate personal and business expenses, which is ideal for freelancers who don’t have separate business bank accounts.

Best Accounting Software

Many freelancers don’t know where to start when it comes to estimated quarterly taxes, so this tool ends up being a huge help.

Here are some of the other features you can expect from QuickBooks Self-Employed:

  • Invoicing
  • Fixed asset depreciation
  • Schedule C
  • Tax checklist

This program offers only a few integrations, but the Turbo Tax integration is by far the best part about QuickBooks Self-Employed. Come tax season, you can use all of the data from your QuickBooks Self-Employed account and file taxes directly with Turbo Tax.

Unfortunately, the customer service leaves one wanting — there’s no phone support and limited additional resources. There is a live chat feature and help center when you have questions.

While QuickBooks Self-Employed can be a great solution for freelancers, we have one major concern with the software. QuickBooks Self-Employed only offers federal tax support. You will have to handle your state taxes via other means.

When To Use QuickBooks Self-Employed

QuickBooks Self-Employed is self-employed accounting software for freelancers and contractors who are looking to manage their expenses and handle their federal taxes. An easy-to-use UI and strong mobile apps are icing on the cake.

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8. FreeAgent

FreeAgent



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Best for small to medium-sized businesses in need of unlimited users. Ideal for UK businesses.

Founded in 2007, FreeAgent is accounting software that now has over 90,000 users. The software offers many features, including VAT support and international invoicing, making it ideal for UK users. FreeAgent also offers unlimited users — all for a single flat monthly fee.

FreeAgent has always been easy to use, but a recent product redesign has improved it even more. Other recent upgrades, such as live bank feeds for credit cards, make FreeAgent a top contender among accounting software.

FreeAgent Pricing

For US users, FreeAgent offers a single flat fee of $24 a month. With this price, you’ll get access to unlimited users, customer support, and all of FreeAgent’s features. For UK users, FreeAgent costs £9.50-£14.50/month, depending on which features you need. Read our FreeAgent review to learn everything you get with this software.

FreeAgent Features

FreeAgent has a modern, easy-to-use UI. The software offers basic accounting features, such as expense tracking, a chart of accounts, journal entries, accounts payable, and a few reports.

Best Accounting Software

The software is known for its tax support, specifically its VAT offerings. FreeAgent also has a detailed contact management feature and over eight invoice templates to choose from. Other features include:

  • Time tracking
  • Project management
  • Inventory
  • Sales tax

FreeAgent offers 30 integrations and several resources for customer support. However, there is no phone support, and email responses can be quite slow.

Another downside of this software is that there is no US payroll available. For UK users, this isn’t an issue, and you’ll be hard-pressed to find better VAT support from software that is this easy to use.

When To Use FreeAgent

FreeAgent is a capable accounting solution with almost every basic feature you’d want. For US users, the lack of payroll may be an issue, but for UK users, FreeAgent is a great choice.

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9. QuickBooks Online Canada

QuickBooks Online Canada



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Best for small businesses in need of strong accounting and GST and HST support. Ideal for Canadian businesses.

QuickBooks Online Canada is very similar to its American cousin. Launched in 2014, QBO Canada features the same great usability, features, and a large number of integrations that QuickBooks Online has. The main difference is that QBO Canada offers quality customer support and unique touches, such as GST and HST support, that make the software ideal for Canadian small businesses. QBO Canada is also available in both English and French.

Recent changes, such as progress invoicing and the QuickBooks Assistant, grant added usability and support, and we’re hopeful that even more updates are in store for 2020.

QuickBooks Online Canada Pricing

QuickBooks Online Canada offers three pricing plans ranging from $20/month-$50/month, with the larger plans giving you access to more features and users. The largest plan supports five users in total.

Standard payroll costs an additional $20/month + $2/month per employee, while Advanced payroll costs $20/per pay period + $2/per employee per pay period. Read our full QuickBooks Online Canada review for more pricing details.

QuickBooks Online Canada Features

QuickBooks Online Canada offers the strong accounting you’d expect from an Intuit product, including bank reconciliation, accounts payable, a customizable chart of accounts, journal entries, and over 100 reports. You can also grant access to your accountant for free (without impacting your user limit).

Best Canadian Accounting Software

The software also offers features specific to Canadian businesses, including GST and HST support. Some of QuickBooks Online Canada’s other features include:

  • Expense tracking
  • Contact management
  • Inventory
  • Project management
  • Time tracking
  • Budgeting

QBO Canada offers 500+ integrations and great customer service with plenty of support options.

The only downside is that there’s limited invoicing and very few exporting options. The software is also not suited for businesses in need of more than five users.

When To Use QuickBooks Online Canada

QuickBooks Online Canada is a robust accounting option for Canadian small businesses with no more than five users looking for ample features, GST and HST support, good customer support, and numerous integrations.

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10. Saasu

Saasu



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Best for small to medium-sized businesses in Australia that need accounting software that supports unlimited users. 

Saasu is an Australian-based accounting program that has served tens of thousands of customers since its launch in 2000. Although once available to multiple countries, Saasu has recently shifted its focus to small and medium-sized businesses in Australia.

Saasu stands out for its support for unlimited users, built-in payroll, and a wide array of features. While the number of features has made it difficult to navigate this software in the past, a recent design upgrade has simplified the program.

Saasu Pricing

Saasu offers three pricing plans ranging from $15/month to $70/month. The least expensive plan supports unlimited users, up to 1,000 transactions per year, up to three live bank feeds, and payroll for a single person. The more expensive the plan, the more bank feeds, transactions, number of people on the payroll, and features you can access (such as inventory).

Saasu Features

Because of the number of features available, Saasu is a program that also comes with a steep learning curve. However, the software is well organized and has a help center and other resources to help you navigate features as you learn the software.

Built-in payroll, support for unlimited users, and unique features such as cash flow forecasting are just a few of the features offered by this software. Other standout features include:

  • Basic invoicing
  • Contact management
  • Sales orders
  • Purchase orders
  • Budgeting

You’ll also have access to 35+ reports and 40+ integrations. With the larger plans, you’ll have inventory features, timesheets, and multiple currencies. One area where the software falls a little short is invoicing. Customization options are limited, and automatic payment reminders are not available. However, the abundance of other features and solid customer service (including short email response times and a comprehensive help center) outweigh these minor drawbacks.

When To Use Saasu

Saasu is an affordable accounting solution for small to medium-sized businesses in Australia. This software includes features you won’t find with other programs — at least not without an additional fee. However, businesses that need stronger invoicing may want to explore other options.

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11. Quicken Home & Business

Quicken Home & Business



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Best for managing your personal and business accounting all in one place. Ideal for rental property managers as well.

Quicken Home & Business offers personal accounting and business accounting in an all-in-one app, so freelancers, rental property managers, and other business owners can manage their finances in one place. Quicken Home & Business has an incredible number of features that give users a considerable amount of control over their finances.

Traditionally, Quicken has always been locally-installed software; however, in recent years, the software introduced web-access for Quicken. Recent updates for Quicken Home & Business also added increased data speed and improved navigation.

Quicken Home & Business Pricing

Quicken Home & Business costs $99.99/year and includes all Quicken Home & Business features as well as Quicken Rental Property Manager.

Quicken Home & Business Features

Because Quicken Home & Business boasts so many features, the software has a steep learning curve. For the most part, though, it is well organized. Considering it was personal accounting software first, Quicken Home & Business has an incredible number of heavy-duty business accounting features, including invoicing, estimates, reports, and accounts payable.

Best Accounting Software

Quicken Home & Business also includes project management, contact management, expense tracking, deduction tracking, and even tax support. But the most impressive features in Quicken Home & Business are by far the personal finance features, including:

  • Budgeting
  • Pinpointing spending trends
  • Tracking loans
  • Tracking investments and retirement accounts
  • Monitoring your home’s market value

Quicken Home & Business also includes a full Rental Property Management tool, complete with tenant management and more.

Quicken Home & Business has seven integrations total and connects with thousands of lenders and banking institutions, so you can easily pull in your bills and transactions.

Quicken Home & Business also comes with premium support, which gives top priority to your phone calls.

When To Use Quicken Home & Business

Quicken Home & Business could be a good accounting solution for individuals who are trying to manage their personal and business accounting in one location. Quicken Home & Business is also the best software on this list for rental management (actually, it’s the only app in the top 10 to offer rental management).

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Best Invoicing Software

While nearly every accounting software includes invoicing, not everyone might be ready for full-fledged accounting software. If you need a simpler income and expense tracking solution, invoicing software might be right for you. Here are the top invoicing software choices for 2020.

1. Zoho Invoice

Zoho Invoice



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Best for small businesses in need of strong invoicing, basic bookkeeping, and business management features. Ideal for international small businesses.

Like Zoho Books, Zoho Invoice offers incredible invoicing and international invoicing capabilities. The software is easy to use and boasts an attractive, customizable UI. With great mobile apps and affordable pricing to boot, it’s no wonder Zoho Invoice is one of our only 5-star invoicing software.

In recent years, Zoho Invoice made dozens of upgrades to the software’s usability and automations. It’s also added several new integrations, making Zoho Invoice better than ever. We’re looking forward to seeing how these updates continue through 2020.

Zoho Invoice Pricing

Zoho Invoice offers four scalable pricing plans ranging from $0-$29/month. Every plan, including the free one, has unlimited invoices. Most features are available across all plans, so each step in pricing mainly adds more billable clients and more users.

To learn more about Zoho Invoice’s pricing, check out our complete review.

Zoho Invoice Features

Zoho Invoice offers one of the most developed feature sets in the invoicing software market. In addition to invoicing, you get access to advanced features, such as project management, time tracking, and more. To top it all off, each feature is incredibly easy to use, and the UI is appealing and well organized.

Best Invoicing Software

Zoho Invoice comes with 16 customizable invoice templates, invoice tracking, and recurring invoices. You can even schedule invoices to be sent at a later time and send invoices in 14 different languages.

Here are some of our other favorite Zoho Invoice features:

  • Contact management
  • Expense tracking
  • Request customer reviews
  • 30+ reports
  • Client portal

Zoho Invoice offers 14 integrations, including ten different payment gateway options.

Zoho Invoice also offers incredible customer support.

When To Use Zoho Invoice

Zoho Invoice is one of our top invoicing software recommendations for a reason. With advanced invoicing, an impressive feature set, and great mobile apps, Zoho Invoice is a fine choice for anyone looking for invoicing software or an international invoicing solution.

It’s worth noting that if you want to go with the largest Zoho Invoice plan, you may as well spring for Zoho Books and get a full accounting package for the same price.

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2. Square Invoices

Square Invoices



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Best for product-based businesses that need invoicing, online payment processing, and detailed sales analytics.

Square is known for its payment processing, but did you know you can also send invoices with Square? Square Invoices isn’t your typical invoicing app, but what you sacrifice in basic invoicing features you make up for in Square’s unique offerings, including advanced inventory tools and a free point of sale app.

Square Invoices Pricing

Square is completely free and so is the Square Invoices feature. The only fees to expect are credit card processing fees, online invoice payment fees, and payroll. Read our full Square Invoice review to see everything you get with Square.

Square Invoices Features

If you’re looking for traditional invoicing software features, Square doesn’t meet the brief. In terms of invoicing, Square offers a customizable invoice template, a client portal, reports, and several invoicing automations.

Best Invoicing Software

While you won’t find features such as project management or estimates, you will find unique features, such as sales tracking and analytics, payments, advanced inventory, contracts, receipts, and tax support.

Square also offers:

  • Contact management
  • Employee management
  • Sales tax

If those features aren’t enough, Square offers over one hundred integrations, including key accounting software integrations with various programs, such as QuickBooks Online, Xero, Zoho Books, Sage, Bench, Kashoo, and ZipBooks.

Square has good customer service with short phone wait times and plenty of resources for users.

When To Use Square Invoices

Square Invoices is a great invoicing solution for existing Square users or for small businesses that need invoicing and easy payment processing all in one. With no monthly fees and competitive payment processing fees, Square is also incredibly affordable.

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3. Invoice Ninja

Invoice Ninja



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Best for freelancers and small business owners looking for strong invoicing and light bookkeeping. It also offers an open-source option, making it ideal for tech-savvy businesses needing customizable invoicing software.

Established in 2014, Invoice Ninja has made a name for itself in only a few short years with strong invoicing and a compelling free plan. The software offers attractive invoice templates, advanced invoicing features, and over 45 different payment gateway options.

Invoice Ninja is continually updating. Recent changes include even more invoice template customizations, improved user permissions, client portal messages, postal code address lookup, and other time-saving automations. With so many improvements over the last few years, Invoice Ninja is bound to have a few more tricks up its sleeve for 2020.

Invoice Ninja Pricing

Invoice Ninja offers three pricing plans ranging from $0-$14/month. Each plan comes with unlimited invoices, making Invoice Ninja’s free plan one of the best on the market. The larger the plan, the more clients, users, and advanced features you have access to.

Invoice Ninja Features

Invoice Ninja has a modern UI that is well organized and easy to use. The software offers stong invoicing features, including ten different templates, plenty of customizations, invoice tracking, batch invoicing, and more.

Best Invoicing Software

In addition to invoicing, Invoice Ninja supports estimates, contact management, expense tracking, and multi-currency support. The software also has a few unique features, such as listening commands and buy-now buttons to help automate your business and your overall invoicing process.

For techy businesses, Invoice Ninja offers an open-source version as well, so you can customize the software to fit your specific needs.

With Invoice Ninja, you’ll also find:

  • Items
  • Project management
  • Client portal
  • Sales tax
  • Reports

Invoice Ninja has over 45 payment processing integrations. If you’re looking for other third-party integrations, Invoice Ninja has just six, including Zapier, which connects Invoice Ninja with over 1,000 different apps and add-ons.

Invoice Ninja has excellent customer service and positive customer reviews. The only downside of the software is that certain features, such as project management and time tracking, are quite limited.

When To Use Invoice Ninja

Invoice Ninja is a strong invoicing software with plentiful automations and a great free plan for small businesses. While the software might not have the feature-depth to support large businesses, small businesses could benefit from Invoice Ninja’s feature set and affordability. Invoice Ninja is also the way to go if you want open-source invoicing software.

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4. Harvest

Harvest



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Best for service-based businesses that need invoicing as well as strong time tracking and project management.

Since 2006, Harvest has been the software choice for thousands of service-based businesses. In addition to invoicing, Harvest offers strong time tracking and project management features in an easy-to-use interface. Harvest’s free plan makes this an affordable option for businesses that need basic invoicing with no limitations on the number of invoices sent.

Harvest Pricing

Harvest offers three pricing plans, including a free one. The Solo Plan is priced at $12/month for a single user, while the Team Plan is $12/month per user. All plans come with unlimited invoices for unlimited clients. There are no monthly contracts, although you can save 10% by paying for an annual subscription. Educators and nonprofits can also receive 15% off. A 30-day free trial is available to test out the software.

Harvest Features

Harvest offers more than just basic invoicing. Standout features include its strong time tracking and project management features that you won’t find with many other software programs.

Some of the features you’ll receive with Harvest include:

  • Invoicing
  • Estimates
  • Contact management
  • Time tracking
  • Project management
  • Expense tracking

Some of these features aren’t as advanced as what you’ll find with other software. For example, there is just one invoice template with basic customization options. There is also a lack of traditional financial reports. Because of the limited invoicing features, Harvest is best suited for service-based businesses.

Overall, the software is easy to use, and Harvest has fairly solid customer support. However, there is no phone support option, although you can get help through email, the in-software help center, webinars, and other resources.

When To Use Harvest

Harvest is best for service-based businesses that want basic invoicing along with other features, such as advanced time tracking and project management. Harvest is not suited for product-based businesses or any business that wants advanced invoicing features.

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5. Bill.com

Bill.com



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Best for any size business looking to automate accounts payable and simplify the bill-paying process.

Bill.com is incredibly unique and has a lot to offer businesses of every size. This accounts payable software helps business owners save time by automating their billing process. Bill.com uses the cloud to make paying bills quick and easy. It also offers valuable insights into your business’s finances with many reports and a cash flow forecast.

Bill.com Pricing

Bill.com offers two different products: accounts payable software and accounts receivable software. Accounts payable software is for bills, while accounts receivable software is for invoicing.

Bill.com’s pricing is a bit complicated. The two smallest plans range from $39/month-$49/month, and you must choose between accounts receivable or accounts payable. Once you decide which type of software you want, the main difference between the two pricing options is the number of users, though the more expensive plan also adds key accounting integrations.

There’s a $69/month plan that includes both accounts payable and accounts receivable. There is also an enterprise plan (contact Bill.com for pricing). There may be some extra fees as well. For more details about Bill.com’s pricing structure, read our complete Bill.com review.

Bill.com Features

Bill.com’s accounts payable features include the ability to pay bills, set recurring bills, send bills for approval, and manage vendors. The software is well organized, though it can take some getting used to.

Best Billing Software

Some of our other favorite billing features include:

  • Cashflow forecasting
  • Reports
  • User permissions
  • Class tracking
  • Document storage

If you go with the accounts receivable package instead, you’ll have access to invoicing, client portal, contact management, and item management.

Bill.com is a great way to supplement accounting software and make paying bills more manageable, so it’s fitting that the software offers several accounting integrations. If you opt for the $49/month plan or higher, you can connect your Bill.com account directly with popular accounting software, such as Xero, QuickBooks Online, and QuickBooks Pro. Bill.com offers a few additional CRM, payment gateways, and tax support integrations as well.

Bill.com drops the ball when it comes to customer service, but that is one of the only hesitations we have regarding the software.

When To Use Bill.com

Bill.com is a great tool for simplifying a business’s bill-paying process. The accounts receivable features aren’t anything special compared to what you get with other invoicing software, but the accounts payable package is unique and could potentially save your business a lot of time.

If you’re looking to pay your bills with ease, Bill.com could be a great solution.

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6. Fattmerchant Virtual Terminal

Fattmerchant Virtual Terminal



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Best for established businesses that want to use one program for invoicing and payment processing.

You’ve probably heard of Fattmerchant because of its payment processing services. What you may not know is that Fattmerchant also has an invoicing solution through its Virtual Terminal. The Fattmerchant Virtual Terminal combines invoicing and payment processing in one easy-to-use program.

In addition to offering payment processing services for a flat monthly fee, the Fattmerchant Virtual Terminal provides benefits, such as invoice automations, contact management, and inventory tracking.

Fattmerchant Virtual Terminal Pricing

Fattmerchant Virtual Terminal comes with two monthly pricing plans. The Starter Platform is priced at $99/month and offers invoicing and other features. For $199/month, you can purchase the Enterprise Platform, which provides additional features, such as reporting and a dedicated customer success manager. Advanced invoice customization is available for an additional $10/month. You do not have to sign a contract for either plan, and you can cancel any time.

Fattmerchant Virtual Terminal Features

The Fattmerchant Virtual Terminal has a well-designed UI that makes it easy to use. The software is easy to navigate, and there are plenty of resources to help you learn the software.

While this software primarily focuses on payment processing, there are several additional features for your business, including:

  • Invoicing
  • Contact management
  • Inventory

One drawback is the lack of integrations, although this software does integrate with QuickBooks Online. Fattmerchant Virtual Terminal also lacks many features that other invoicing software has, such as advanced customization, estimates, expenses tracking, and multiple invoice templates. Add-on costs could also rack up quickly, so this may not be the most budget-friendly option if you aren’t taking advantage of Fattmerchant’s payment processing.

One area where Fattmerchant stands out is its customer service and support. Tech support is available 24/7, they answer emails and phone calls promptly, and customer service representatives are generally helpful.

When To Use Fattmerchant Virtual Terminal

If you have an established business that needs invoicing and payment processing services, Fattmerchant Virtual Terminal could be the right software for you. However, if you’re a new business that simply needs invoicing, there are easier and more affordable options out there.

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7. Invoicera

Invoicera



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Best for small businesses with two users or fewer looking for strong invoicing, project management, and billing automations at an affordable cost.

Founded in 2006, Invoicera has become a great invoicing solution with advanced features and robust automations. A recent drop in price makes this software more accessible than ever for small businesses looking for a reliable invoicing and business management solution. The software has over 3 million users and offers over 30 payment gateways to choose from.

Invoicera recently improved its client portal and added unpaid bill reminders and GDPR compliance. Who knows what’s in store for Invoicera in 2020, but given the company’s track record, it’s sure to be good.

Invoicera Pricing

Invoicera has four pricing plans ranging from $0/month to $149/month. All plans include unlimited invoices and almost the same features. The main difference is that the free plan is limited to three clients and one user, while the paid plans let you bill more clients and have more users. More clients can be purchased at an additional cost. Read our complete Invoicera review for the full pricing details.

Invoicera Features

Invoicera offers advanced features, such as project management, time tracking, and inventory management. The software isn’t as intuitive as it could be, and the setup can be a bit complicated. However, once you invest some time into Invoicera, the trade-off is functionality and highly-developed features.

Best Invoicing Software

In addition to a large number of features, one of our favorite aspects of Invoicera is how automated the software is. Invoicera offers recurring invoices, recurring billings, and even recurring expenses. In terms of invoicing, there are seven customizable invoices, and you can autoschedule them to send out at a later time.

Here are other features you can expect to find with Invoicera:

  • Contact management
  • Expense tracking
  • Client portal
  • Reports
  • To-do list

To top things off, Invoicera offers 31 payment gateways and five additional third-party apps. Most invoicing programs offer only a handful of payment options, so if you’re looking for more options for your customers or a specific gateway, Invoicera is a good bet.

There are only two significant drawbacks to the software: Invoicera has poor customer support, and there are no live bank feeds.

When To Use Invoicera

Invoicera is an affordable invoicing option, ideal for small businesses with two users or less that want strong invoicing and plenty of payment processing options.

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8. Invoice2go

Invoice2go



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Best for small businesses looking for cloud-based invoicing software with strong mobile apps.

Founded in 2002, Invoice2go has always been known for strong mobile apps, which is why we’ve included it in this list. While Invoice2go only receives 3.5/5 stars on our site, it has some of the best mobile apps on the market. The software is easy to use, provides ample invoice customizations, and has great customer support to boot.

Recently, Invoice2go did a complete design overhaul, which left some users disappointed with the new changes. That said, over the last year, we saw Invoice2go release updates almost weekly to bring the software back in line with the version over 250,000 users know and love. Since the company is quick to listen to its customers, we’re hoping that it has more improvements slated for the future.

Invoice2go Pricing

Invoice2go offers three pricing plans ranging from $$110.88-$407.88/year. Payments are made yearly, and the larger the plan, the more invoice, clients, users, and features you receive. Read our full Invoice2go review for further pricing details.

Invoice2go Features

Invoice2go is easy to use, and its mobile apps are some of the most fully-featured and intuitive around. In terms of features, Invoice2go focuses on what it does best: invoicing. The software has multiple templates, ample customizations, watermarking, built-in company logos, the ability for customers to comment directly on invoices, and more.

Best Invoicing Software

Invoice2go offers estimates, contact management, items, reports, and a client portal. You’ll also find:

  • Expense tracking
  • Time tracking
  • Purchase orders
  • Credit memos
  • Appointments

Invoice2go has a limited number of integrations. It also doesn’t support live bank feeds, which is one of our biggest issues with the software. Other drawbacks include no project management and software glitches.

On the plus side, Invoice2go does offer good customer support options, and representatives are usually helpful and friendly.

When To Use Invoice2go

While Invoice2go still has some improving to do in terms of features, the software could still be a contender for businesses looking for strong invoicing and good mobile apps. The software is not ideal for those needing live bank feeds or project management.

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Accounting Software VS Invoicing Software: Which Is Right For Your Business?

Now that you know about our top picks for accounting software and invoicing software, the next step is to ask yourself which type of software is right for your business.

First, know the differences between accounting software and invoicing software.

Accounting software is used to record and report financial transactions. This includes tracking expenses, accounts receivables and accounts payable, running crucial financial reports, managing contacts and employees, and performing other bookkeeping tasks. The available features vary based on the specific software you choose.

On the other hand, invoicing software does just what it sounds like — it allows you to send and track invoices to your customers. Many invoicing programs also offer additional features, such as expense tracking. Generally, invoicing software has fewer features than accounting software and is often a better value, although costs and specific features vary.

Most businesses can find accounting software that offers everything they need, is easy to use, and fits their budget. Since most accounting software also provides invoicing in most cases, many businesses opt to use accounting software. However, if you’re just getting started, and if your accounting needs are very simple, there’s nothing wrong with starting with basic expense tracking and invoicing software. Better yet, some of the systems out there are inexpensive (or free), easy to use, and will save you many hours versus doing things in MS Excel, Mac Numbers, or Google Sheets. And you’ll never have to worry about accidentally saving over an invoice or typing over a timesheet entry.

Is Invoicing Software Enough?

Long-term, accounting software is generally the best way to keep track of your business finances.

Invoicing and expense-tracking software, on the other hand, will only work as a solution for your business if it meets some very specific criteria:

  • You have no inventory. If you sell products, you need to use full double-entry bookkeeping with correct inventory accounting. No question.
  • You have no accounts payable (or what you have is so insignificant that you don’t feel the need to track it separately from expenses). Accounts payable is about what it sounds like: stuff you haven’t paid yet but are going to have to pay. Bills, in other words. Suppose you rent an office and you get an electricity bill on the first of the month that’s due in 30 days. From the time you get the bill until the time you pay it, the funds should be logged as accounts payable. It’s important to know what you owe (as well as what money is coming in — “accounts receivable” in accounting lingo) to get a complete financial picture of your business. Part of the point of keeping good financial records is to understand where your business stands — and the best way to get a complete picture of that is through double-entry bookkeeping.
  • You don’t need much in the way of accounting reports about your business. Most invoicing programs don’t offer extensive reporting options. For that matter, most don’t even provide a simple profit/loss report. Assuming you can do basic math and subtract your expenses from your revenue, this may not bother you…but it’s a factor worth considering. If you want to take a look at your balance sheet, you’ll have written it up yourself. The more complex your finances get, the more you’ll need to do by hand. And remember, your time is worth money.
  • You have no employees. The second you’re dealing with payroll, full accounting software is much more likely to meet your needs than invoicing software. Can you cobble together a solution to make invoicing software work? Yes, in some cases…but it’s better to handle your accounting properly at that point.
  • You don’t need job costing. If you’re not sure what that is, you can read all about it here. If you need job costing, accounting software is generally the way to go — it’s the only way you’ll get all the options you need. Harvest is the exception to the general rule; it’s invoicing software that can handle basic job costing, so if you meet all the other criteria on this list, and you strongly prefer it to any of the accounting software on offer, it’s a possibility you might consider.

Reasons To Use Invoicing Software

So say you meet all the criteria in the last section. You can choose either invoicing or accounting software, and it will probably meet your business’s needs, at least for the near future. We’ve talked about the benefits of accounting software already. So what benefits might invoicing software offer?

  • Fewer Features: That may sound like a downside, but if you try out Wave or Xero and find yourself confused and overwhelmed by all the options, you might find invoicing software a more manageable place to start.
  • Automated Late Fees Or Snail-Mailed Invoices: These are the only major features you can find in some invoicing software, which I haven’t yet seen in accounting software. If you want your program to calculate late fees and add them to invoices automatically, or if you want to have snail-mail invoices sent at the click of a button, then you’ll need invoicing software.
  • Better Value For Money: As I mentioned earlier, cost varies widely among invoicing and accounting software options. Depending on your specific needs, you may find an invoicing program that has a plan which gives you more value than an equally-priced accounting program.

When it comes to deciding between invoicing and accounting software, your specific circumstances, and the needs of your business, will determine your best course. You really can’t go wrong with the accounting option, but for some people, starting with basic invoicing and expense tracking can have some advantages.

FAQs


What is accounting software?

Accounting software is software used to record financial transactions and perform other accounting and bookkeeping tasks. Accounting software allows a business to keep track of its accounts receivable and accounts payable, create and send invoices and estimates, track time and expenses, and even manage projects. This software makes it easier for businesses to balance their books, keep an eye on cash flow, and prepare financial statements and tax returns.


What is invoicing software?

Invoicing software is software that allows you to send invoices — or bills — to your customers for services rendered or products sold.  Invoicing software also has payment gateways that allow your customers to pay online, making it quicker and easier for you to get your money. While many accounting software programs give you the ability to send invoices, invoicing software offers additional features, such as automated late fees. Invoicing software offers fewer features, which may be ideal for businesses that don’t want the hassle of accounting software that’s overly complicated and loaded with features they don’t need.

Which is the best accounting software?

What’s best for one business may not necessarily be the best choice for your business. When choosing accounting software, though, there are a few things to look for before making your choice. Look for software with a well-designed interface, double-entry accounting, plenty of features, strong security, third-party integrations, and excellent customer support. Unsure of where to start? Take a look at our accounting software reviews to compare your options.

How to choose the best accounting software?

You should devote some time (at least a few hours) to exploring your accounting software options. Consider factors such as the size of your business, whether you prefer locally-installed or cloud-based software, and your budget. Take advantage of free trials, and don’t be afraid to test out different programs until you find the one that’s right for your business. Check out our tips on choosing the best accounting software.

What is double-entry accounting?

Double-entry accounting is a way of recording bookkeeping transactions, where each transaction affects two accounts. This method of accounting helps ensure accuracy through the use of debits and credits. Double-entry accounting helps you catch errors, improves the strength of your accounting records, and makes it easier to prepare financial statements. To learn more about double-entry accounting and why it’s important for your business, check out our article, What Is Double-Entry Accounting (And Do You Need It)?

What is cloud accounting?

The term cloud accounting (or cloud-based accounting software) refers to accounting software that is operated entirely in the cloud. With cloud accounting, the software is hosted on remote servers, allowing you to access the software anywhere, from nearly any device, at any time — so long as you have an internet connection. Learn more about the benefits of cloud accounting software and whether its a good choice for your business.

What is locally-installed accounting software?

Locally-installed accounting software is software that is installed on your computer. The program and all data are stored on your computer and not the cloud. Strong security and abundant features are advantages of this type of software. However, a lack of mobility is a drawback to consider.


Conclusion

Whether you’re in the market for accounting software or invoicing software, it’s never too late to get your business’s finances under control. Your business bank account and accountant will thank you.

There are many affordable options out there to meet all levels of accounting experience. Get started with a free trial of one of our top accounting or invoicing picks, or check out our comprehensive accounting reviews or invoicing reviews to learn more about our recommendations.

If you need more help, these resources are designed to help you decide which software is best for your business:

The Complete Guide To Choosing Online Accounting Software

Invoicing VS Accounting Software: What’s Best For Your Business?

20 Questions To Ask When Choosing Accounting Software

In Summary: Best Accounting Software

  1. QuickBooks Online: Best for small businesses looking for fully-featured cloud accounting software that's easy to use
  2. Xero: Best for medium to large businesses in need of strong accounting and unlimited users
  3. QuickBooks Desktop Pro: Best for small to medium-sized businesses in search of a locally-installed accounting option or highly-developed accounting capabilities
  4. Wave: Best for small businesses on a tight budget that still want strong accounting features
  5. Zoho Books: Best for small businesses looking for strong accounting and good invoicing at an affordable price
  6. FreshBooks: Best for small businesses that are looking for an easy-to-use accounting and invoicing solution
  7. QuickBooks Self-Employed: Best for freelancers, contractors, and other self-employed business owners in need of bookkeeping
  8. FreeAgent: Best for UK businesses
  9. QuickBooks Online Canada: Best for Candian businesses
  10. Saasu: Best for small to medium-sized businesses in Australia
  11. Quicken Home & Business: Best for managing your personal and business accounting all in one place

    Best Invoicing Software

  1. Zoho Invoice: Best for small businesses in need of strong invoicing, basic bookkeeping, and business management features
  2. Square Invoices: Best for product-based businesses in need of invoicing, online payment processing, and detailed sales analytics
  3. Invoice Ninja: Best for freelancers and small business owners looking for strong invoicing and light bookkeeping
  4. Harvest: Best for service-based businesses that need invoicing as well as strong time tracking and project management
  5. Bill.com: Best for any size business looking to automate accounts payable and simplify the bill paying process
  6. Fattmerchant Virtual Terminal: Best for established businesses that want to use one program for invoicing and payment processing
  7. Invoicera: Best for small businesses with two users or fewer looking for strong invoicing, project management, and billing automations at an affordable cost
  8. Invoice2go: Best for small businesses looking for cloud-based invoicing software with strong mobile apps
Chelsea Krause

Chelsea Krause

Content Strategist - Accounting & eCommerce
Chelsea Krause is a writer who has specialized in accounting for over three years and is a QuickBooks Certified User. She has a BA in English & Creative Writing from George Fox University and studied at the University of Oxford as well. She has been quoted in Forbes and her work appears in Startup Nation, Small Business Bonfire, and Women on Business.
Chelsea Krause
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7 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Marry walker

    It’s very nice thought to write an article for this topic. For every accountant person, this blog is very helpful and informative source. I will share this blog with my staff.

      Jonathan Clerk

      Great content! Thanks for sharing in the blogosphere. Much needed accounting software tips and suggestion.

        This comment refers to an earlier version of this post and may be outdated.

        Chelsea Krause

        Glad to hear you liked the post! Happy accounting!

        -Chelsea Krause

          This comment refers to an earlier version of this post and may be outdated.

          Stuti Oza

          Very useful and informative article!

            This comment refers to an earlier version of this post and may be outdated.

            Mindspace Outsourcing

            Thanks for providing us a vast information about accounting software. These all software are of great help for self-employed workers and Small businesses.

              This comment refers to an earlier version of this post and may be outdated.

              maz

              Informative.I learned some new points here. Thanks for sharing with us.

                This comment refers to an earlier version of this post and may be outdated.

                Chelsea Krause

                I’m glad you found this post helpful!

                Best wishes,

                -Chelsea Krause

                  This comment refers to an earlier version of this post and may be outdated.

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                PROMO: Get your first month for just $5 and get your first $5,000 in processing for free. Valid until end of November.

                Get Started

                Get started with no commitment today.

                We Recommend Helcim 🏆

                Helcim is one of our top picks for payment processing!

                 

                 

                Helcim has exceptional service and an advanced platform that we highly recommend for businesses in Canada and the US. Get three months free when you sign up with Helcim through our links!

                Get Started

                Get started with no commitment today.

                We Recommend PaymentCloud 🏆

                PaymentCloud is one of our top picks for credit card processing!

                 

                 

                We love PaymentCloud's predictable pricing and excellent service.

                Get Started

                Get started with no commitment today.

                We Recommend OnDeck 🏆

                OnDeck is one of our top picks for Business Loans!

                 

                 

                OnDeck is our featured vendor for business loans and lines of credit. If you have at least one year in business, a personal credit score of 600 or higher, and $100K in annual revenue, OnDeck is ready to help your business get funded.

                Get Started

                Get started with no commitment today.

                We Recommend ADP Payroll 🏆

                ADP Payroll is one of our top picks for Payroll Software!

                 

                 

                Our reviewers like ADP Payroll for its advanced employee management, strong payroll features, and great customer support.👍

                For a limited time, get three months free when you sign up via our links!

                Get Started

                Get started with no commitment today.

                We Recommend Lightspeed POS 🏆

                Lightspeed POS is one of our top picks for Point of Sale!

                 

                 

                We highly recommend Lightspeed POS for small businesses looking for a feature-rich, tablet-based point of sale system. PROMO: Save up to $1,000 when you sign up by November 30th.

                Get Started

                Get started with no commitment today.

                We Recommend Fundera 🏆

                Fundera is one of our top picks for SBA loans!

                 

                 

                Fundera is a free-to-use marketplace that allows you to compare lenders side-by-side. Easily find SBA 7(a)loans alongside other financing options.

                Get Started

                Get started with no commitment today.

                We Recommend ShippingEasy 🏆

                ShippingEasy is one of our top picks for shipping software!

                 

                 

                ShippingEasy got a 5-star review from our team. Get a 30-day free trial to access discounted USPS and UPS shipping rates and print labels in no time. No credit card required.

                Get Started

                Get started with no commitment today.

                We Recommend Square POS 🏆

                Square POS is one of our top picks for Point of Sale!

                 

                 

                Square is free to use and currently includes a free card reader at sign-up!

                No credit card is required to create your account.

                Get Started

                Get started with no commitment today.


                 

                Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

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