The Best Accounting Software For 2020
With so many accounting programs out there, how is a small business owner to choose? How can you tell which accounting programs are actually 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’ve tested dozens of accounting and invoicing solutions and examined each software program in terms of features, pricing, ease of use, and customer support to bring you the best of the best. In this post, we’ll cover the top accounting software, invoicing software, and billing software for 2019, so that you can find the perfect small business software option for your company this year.
Ready to learn about the best small business accounting software for 2019? Read on to see which accounting programs made it to the top.
Best Accounting Software
|Small Businesses||QuickBooks Online|
|Medium to Large Businesses||Xero|
|Strongest Accounting & Reporting||QuickBooks|
|International Business & Invoicing||Zoho Books|
|Ease of Use||FreshBooks|
|Canadian Businesses||QuickBooks Online Canada|
|Personal & Business Accounting||Quicken Home & Business|
|Freelancers (Free)||AND CO|
Table of Contents
What Makes Good Business Accounting Software?
Every business should have accounting software. Accounting software allows businesses to balance the books, reconcile their accounts, and actually understand where their money is going. Not only is this high-level financial transparency important for making informed business decisions, but it’s also key for filing taxes correctly at the end of each year.
Good accounting software will provide the following features to help you balance your books and manage your finances correctly:
Most apps also offer business management tools like invoicing, time tracking, and project management. And the best of the best throw in good customer resources that teach you how to understand accounting and successfully manage your finances.
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 10 accounting software options for 2019.
Best Business Accounting Software For 2019
You can compare the best accounting software apps side by side below or read on for a detailed overview of each software.
|Data||QuickBooks Online||Xero||QuickBooks||Wave||Zoho Books|
$20 - 150/mo
|$9 - 60/mo||$299.95||Free||$9 - 29/mo|
|Customer Support||Fair||Poor||Poor||Good||Very good|
|Ease of Use||Moderate||Moderate||Difficult||Very Easy||Very Easy|
|Accounting Method||Cash and Accrual||Cash and Accrual||Cash and Accrual||Cash and Accrual||Cash and Accrual|
|Cloud-Based or Installed||Cloud-Based||Cloud-Based||Installed||Cloud-Based||Cloud-Based|
|Review Visit||Review Visit||Review Visit||Review Compare||Review Visit|
|Data||FreshBooks||QuickBooks Self-Employed||FreeAgent||Quicken Home & Business||QuickBooks Online Canada|
|$15 - 50/mo||$10 - 17/mo||$24/mo||$99/yr|
$13 - $40/mo
|Customer Support||Very Good||Poor||Good||Good||Very Good|
|Ease of Use||Very Easy||Very Easy||Easy||Moderate||Moderate|
|Accounting Method||Cash and Accrual||N/A||Accrual||Cash and Accrual||Cash and Accrual|
|Cloud-Based or Installed||Cloud-Based||Cloud-Based||Cloud-Based||Cloud-Based||Cloud-Based|
|Review Visit||Review Visit||Review Compare||Review Compare||Review Compare|
1. QuickBooks Online (QBO)
Small businesses looking 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. QuickBooks Online 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.
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 2018, QBO continued releasing updates month after month, making 2019 one of the most promising years yet. Some recent updates include progress invoicing, improved security, and a live bank feed with Capital One.
QBO offers four pricing plans ranging from $20/mo-$150/mo. 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 (up to 25 users for free until 7/31/2019), advanced reporting, and priority care support.
Payroll costs an additional $35/mo-$80/mo (plus $4/mo per employee). Luckily, Intuit is almost always running a sales promotion. Read our complete QuickBooks Online review for all the pricing details.
|QuickBooks Online - Now 50% off!||Get Promo|
QuickBooks Online is easy to use, especially considering all of the time-saving automations built into the software. QuickBooks Online offers an impressive number of features including invoicing, contact management, time tracking, project management, inventory, and more.
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 be sent out at a later time. QuickBooks Online 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
In addition, QuickBooks Online offers 590+ integrations, including 24 payment processing options. They also have 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 their support still isn’t ideal, help is more accessible.
QuickBooks is one of the best small business accounting software options. QBO 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 definitely add up, the tradeoff may be worth it considering the number of features you get.
Medium to large businesses in need of strong accounting. Ideal for businesses with multiple users in need of strong accounting.
With 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 plan you have.
At the end of 2018, Xero introduced a brand new pricing structure and discontinued their 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 brand-new project feature that users have been waiting to see for years.
Xero offers three pricing plans ranging from $9/mo – $60/mo. 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 fairly 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 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.
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
- Print checks
In addition, 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, although in recent times their 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.
If you’re willing to put in the time to learn this software, Xero won’t let you down. With strong accounting, highly developed features, 700+ integrations, and unlimited users, the software is a great choice for medium to large businesses. Some small business may find the sheer depth of features to be more than they need and might want to consider a simpler, more affordable software.
If Xero sounds like a good choice for your business, read our full review or take the software for a spin with a free 30-day trial. If you do end up choosing Xero, don’t forget to check out our free How To Set Up Your Xero Account ebook.
Offers strong accounting, advanced features, and scalable pricing to grow with your business
3. QuickBooks Desktop Pro
Small to medium-sized businesses with three users or fewer in search of a locally-installed accounting option or highly developed accounting capabilities.
This 5/5 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, strong business management features, and an impressive number of integrations for a locally-installed program.
With the 2019 version, users now have the ability to track invoices, manage bills more easily, and compress company files for better storage.
There are two pricing options for Quickbooks Desktop Pro. You can either purchase a QuickBooks Pro license for $299.95 or purchase a yearly subscription of Quickbooks Pro Plus for $299.95/yr.
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.
|Save up to $100 off Quickbooks Pro||Save Now|
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.
QuickBooks Pro supports expense tracking, invoicing, contact management, inventory, accounts payable, and more. Not only do we love how many features the software has, 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
- Tax support
- Print checks
- Mileage deductions
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, but it does have the potential to be more secure.
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. Check out our full QuickBooks Desktop Pro review to learn more, or utilize Intuit’s 60-day money back guarantee to test the software.
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 is free accounting software for small businesses that 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 4.5/5 stars.
A brand new Wave design and Wave logo, as well as other improvements (like automated expense tracking, cash-basis accounting, and a lightweight ecommerce feature), have made an already good software even better. Wave also launched an impressive new service called Wave Bookkeeping where small business owners can pay for professional bookkeeping help. You can either pay to have a Wave Bookkeeping expert teach you the basics of accounting and using the software, or you can pay a monthly fee for a designated accountant who handles your bookkeeping for you.
As we mentioned earlier, Wave is free. With a Wave account, you get access to all Wave features and unlimited users. The only additional costs are payroll, credit card processing, and bookkeeping. Check out our complete Wave review for more details.
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.
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 Business Need to Know to learn more.
Here are a few other features you can expect with Wave:
- Item management
- Tax support
Wave doesn’t offer as many integrations as some of the other programs on this list, but they do support a Zapier integration, which connects Wave with nearly 1,000 third-party apps. Wave only offers three other 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.
Wave also has decent customer service. Email support time could be improved, 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.
The only caveat with Wave is that there is no project management feature and time tracking is limited to payroll. 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.
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. If you’re interested in Wave, read our full Wave review to learn more or sign up for an account today — after all, it’s free.
5. Zoho Books
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 really sets Zoho Books apart is the ability to send invoices in over 10 different languages.
In the last year, Zoho Books has improved their uptime, navigation, and integration selection.
Zoho Books offers three scalable pricing plans ranging from $9/mo-$29/mo. Every plan comes with unlimited invoices and basic features like expense tracking and reporting. With each step up in the plan, you’ll have access to more contacts, users, and advanced features. Read our full Zoho Books review for the details on each pricing plan.
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.
As we mentioned earlier, our favorite part about Zoho Books is its invoicing. It offers 15 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 11 different languages.
But there’s more to love with this software than just invoicing. Here are some other Zoho Books features:
- Contact management
- Mileage deductions
- Project management
- Time tracking
- Print checks
Zoho Books offers almost 30 integrations, including 11 payment gateways and a Zapier integration.
In addition, 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.
Zoho Books is a great 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.
Offers some of the best invoicing and mobile apps on the market at an affordable cost
Small businesses that are looking for an easy-to-use accounting and invoicing solution.
2019 is going to be an exciting year for FreshBooks. 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 services and strong mobile apps. Other recent additions include new accounting reports, advanced payments, and improved navigation.
FreshBooks offers three pricing plans ranging from $15/mo-$50/mo. Each step 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/mo per user). For more details about pricing, read our full FreshBooks review.
FreshBooks is one of the easiest programs to understand and use. Setup is simple and features are laid out nicely. In terms of features, FreshBooks offers invoicing, contact management, expense tracking, project management, and more.
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
FreshBooks offers around 60 integrations.
In addition, 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 QBO, businesses will get more bang for their buck going with Quickbooks Online, or even Zoho Books (although ease of use might make FreshBooks the better choice depending on your business’s accounting needs and your own accounting experience).
In the past, FreshBooks was not a solution I’d recommend for business accounting, but the FreshBooks team is making leaps and bounds in recent months, making it a good options for businesses needing easy accounting software.
7. QuickBooks Self-Employed
Freelancers, contractors, and other self-employed business owners in need of bookkeeping. Ideal for managing estimated quarterly taxes and maximizing deductions.
Freelancers have a very specific 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. In 2018, Intuit made several improvements to QBSE and 2019 looks even more promising.
There are two pricing options for QuickBooks Self-Employed. You can pay $10/mo for all of the features QuickBooks Self-Employed has to offer. Going with the $17/mo option will add a Turbo Tax integration to your plan, so you can file taxes with ease. Intuit is almost always running a sales promotion, so be sure to check any possible discounts before purchasing. To learn more, read our complete QuickBooks Self-Employed review.
|Quickbooks Self-Employed - now up to 50% off||Get Promo|
QuickBooks Self-Employed is incredibly easy to use and is well-organized. The features are designed specifically with freelancers in mind and address needs like 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.
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:
- Fixed asset depreciation
- Schedule C’s
- 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.
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.
If you’re looking for a freelance accounting solution, read our complete QuickBooks Self-Employed review. You can also take this tax software for a test drive with a free 30-day trial (note: using the free 30-day disqualifies you from discounts).
Small to medium businesses in need of unlimited users. Ideal for UK businesses.
Founded in 2007, FreeAgent is accounting software that now has over 70,000 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 this even more. Other recent upgrades, like live bank feeds for credit cards, leave FreeAgent in a strong position going into the new year.
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 has a modern, easy to use UI. The software offers basic accounting features like expense tracking, a chart of accounts, journal entries, accounts payable, and a few reports.
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
- Sales tax
FreeAgent offers nearly 30 integrations and has incredible customer support.
The only downside of this software is that there is no US payroll available, but 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.
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.
To learn everything FreeAgent is capable of, read our full FreeAgent review or start a free 30-day trial.
9. QuickBooks Online Canada
Small businesses in need of strong accounting and GST & 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 QuickBooks Canada actually has good customer support and unique touches like GST & HST support that make the software ideal for Canadian small businesses. QuickBooks Online Canada is also available in both English and French.
Recent changes, like progress invoicing and the QuickBooks Assistant, grant added usability and support, and we’re hopeful that even more updates are in store for 2019.
QuickBooks Online Canada offers three pricing plans ranging from $13 – $40/month. The larger the plan, the more features and users you have access to. The largest plan support 5 users total.
Standard payroll costs an additional $20/mo + $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 offers the strong accounting you’d expect from an Intuit product, including bank reconciliation, accounts payable, a customizable chart of accounts, journal entries, and to 100 reports. You can also grant access to your accountant for free (without impacting your user limit).
The software also offers features specific to Canadian businesses including GST HST support. Som of QBO Canada’s other features include:
- Expense tracking
- Contact management
- Project management
- Time tracking
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.
QuickBooks Online Canada is a strong accounting option for Canadian small businesses with no more than five users looking for ample features, GST & HST support, good customer support, numerous integrations.
Get started with a free 31-day trial or read our complete QuickBooks Online Canada review for more details.
10. Quicken Home & Business
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 and gives users a huge amount of control over their finances.
Traditionally, Quicken has always been locally-installed software; however, the 2019 version of the software introduced web-access for Quicken. The 2019 version of Quicken Home & Business also includes increased data speed and improved navigation.
Quicken Home & Business costs $99/year and includes all Quicken Home & Business features as well as Quicken Rental Property Manager.
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.
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 feature, like:
- Pinpointing spending trends
- Tracking loans
- Tracking investments and retirement accounts
- Tracking 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 your phone calls top priority.
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).
Learn everything Quicken Home & Business is capable of in our full Quicken Home & Business review.
Honorable Mention: AND CO
Freelancers needing a tool to manage their business and send contracts without breaking the bank.
And, last but not least, is AND CO — a freelance software owned and operated by Fiverr that offers a free starter plan. With AND CO you get features like expense tracking, invoicing, time tracking, project management, and more. Add great customer support to the mix and AND CO becomes a great choice for freelancers, and it’s only bound to get better in 2019 as we see Fiverr improve the software even further.
AND CO offers two pricing plans — the free plan and a paid $18/month plan. The free plan includes almost all of the features of AND CO, but only supports one client. The paid plan adds access for unlimited users and a more developed contracts feature.
AND CO is incredibly easy to use and offers a modern UI and fully-featured mobile app. With AND CO, you’ll see some features you’d expect to find with traditional accounting software, like expense tracking, project management, contact management, reports, and time tracking, but you’ll also see several freelancer-specific features.
Some of the best features for freelancers include:
- Customers signatures
As a recent addition, you can now create subscriptions for recurring payments as well.
AND CO only has a few integrations and supports four payments gateways to choose from.
Luckily, AND CO has great customer service, with kind representatives who are generally quick to respond to any questions or issues.
The major downside of AND CO is that — unlike its competitor, QuickBooks Self-Employed — AND CO offers no tax support whatsoever. Granted, AND CO does offer proposals and contracts (which QBSE doesn’t), but this may still be a dealbreaker for some freelancers.
AND CO is an affordable accounting solution for freelancers who need a quick, easy way to balance the books, send invoices, and compose contracts. The software is not ideal for freelancers in need of tax support.
Read our full AND CO review to learn all of the pros and cons of the software, or test the software for yourself — after all, it is free to start.
Best Personal Accounting Software For 2019
While we here at Merchant Maverick focus on business software, we also know that behind every business there are real people — real people who need personal accounting software in addition to business accounting software.
Everyone needs a way to manage their finances. Personal accounting software is a great way to control your finances, budget for the present, and plan for the future. Good personal accounting software offers features like expense tracking, budgeting, savings goals, and bill management.
We judged a handful of personal accounting software programs and picked our top two favorite personal accounting software options. We chose these two based on reputation, feature set, usability, customer reviews, and price.
You can compare the best personal accounting software apps side by side or read on for a detailed overview of each software. Here are the top two personal accounting programs for 2019:
|Pricing||$34.99 - 74.99/yr||Free|
|Ease of Use||Moderate||Very Easy|
|Cloud-Based or Installed||Installed||Cloud-Based|
Individuals looking for advanced features and detailed, hands-on control of their personal finances.
Since 1988, Quicken has been one of the biggest names in accounting and it’s easy to see why. The software is incredibly well-developed and offers ample features to help you control your personal finances. While Quicken has a steep learning curve, it also has great customer support and a strong reputation in the financial world.
Quicken has traditionally been a locally-installed program, but the 2019 version now offers an exciting new web access feature, bringing Quicken into the 21st century. There are mobile apps as well, so you can manage your finances on the go.
Quicken offers three pricing plans ranging from $34.99 – $74.99/year. The larger the plan, the more features you have access to. All Quicken plans come with customer support, but premium support and bill pay cost extra (unless you’re using the most expensive plan, in which case those two features are included).
Because of its in-depth features, Quicken has a steep learning curve — and while it does offer online access and web apps now, Mint (the #2 personal accounting software) is far easier to use. However, Quicken has far more features than Mint, including basics like expense tracking, spending trends, bank reconciliation, and budgeting, just to name a few.
Not only does Quicken offer a large selection of features, but these features are detailed and well-developed. Some of the more advanced features include investment tracking, credit score monitoring, and a debt reduction planner.
Some of the other tools in Quicken include:
- Savings goals
- Personal property management
- Check printing
Quicken has seven integrations and connects with thousands of lenders and banking institution so you can pull your bills and transactions directly into the software.
Quicken has good customer support with a built-in support feature.
We gave Quicken the #1 slot for personal accounting software thanks to its sheer number of features, but some individuals may not want or need this level of bookkeeping for their personal finances. Our only other word of caution about Quicken is that the live bank feeds aren’t always accurate.
Quicken is ideal for individuals who want a lot of control over every aspect of their finances. Read our full Quicken review to see everything this software is capable of and to learn if Quicken is right for you.
Individuals looking for an easy tool to manage the basics of their personal finances.
Founded by the makers of QuickBooks in 2007, Mint is easy to use, cloud-based personal finance software. This personal accounting software offers key features like expense tracking, spending trends, bill management, savings goals, and budgeting all in a well-organized, modern software package. To sweeten the deal, Mint is completely free.
Mint is completely free. The software makes its money by encouraging clients to sign up for credit cards, investment plans, and Turbo Tax.
Mint is incredibly easy to use and can be accessed online or directly from your phone so you can manage your finances on the go. Mint offers expense tracking, bill management, basic budgeting, and basic savings goals.
The software also has investment management, property management, and a ton of great automations. For example, when adding your vehicle into Mint, Mint connects directly with Kelley Bluebook so you know exactly how much your car is worth.
You can also check your credit score directly through Mint.
Mint integrates with:
Like Quicken, Mint connects with thousands of credit and banking institutions so you can view your bills and transactions in real-time. Unlike Quicken, Mint automatically updates your account balances for you and is much more accurate.
The downside of Mint is that the software has poor customer service. The software also might be too limited for users who want to save for multiple goals at once and create budgets for more than just the current month.
Mint is excellent personal management software that sets itself apart in terms of usability, affordability, and price. The software is ideal for individuals who want basic control over their finances or who are looking for a free finance management tool.
Read our full Mint review for the full scoop on this personal accounting software option.
Best Invoicing Software For 2019
While we almost always recommend true accounting software for businesses, some smaller businesses can get away with invoicing software. If you need a quick way to send attractive, online invoices, invoicing software might be the perfect solution for your business.
Good invoicing software will provide several invoice template designs that you can customize to fit your business. It should also offer recurring invoices, the ability to convert estimates to invoices, default email templates, and a client portal where customers can pay their invoices directly online. Oftentimes, invoicing software will include many of the same business management tools you’d find with accounting software, like quotes, time tracking, and project management.
We judged the following programs on price, feature set, usability, integration selection, customer support, and customer reviews.
You can compare the best invoicing apps side by side or read on for a detailed overview of each software. Here are the top five invoicing software options for 2019:
|Data||Zoho Invoice||Square Invoices||Invoice Ninja||Invoicera||Invoice2go|
|Pricing||$0 - 30/mo||Free||$0 -12/mo||$0 - 15/mo||$59.99 - 407.88/yr|
|Customer Support||Very Good||Good||Very Good||Good||Good|
|Ease of Use||Very Easy||Very Easy||Easy||Easy||Very Easy|
|Cloud-Based or Installed||Cloud-Based||Cloud-Based||Cloud-Based||Cloud-Based||Cloud-Based|
|Review Visit||Review Visit||Review Compare||Review Visit||Review Visit|
1. Zoho Invoice
Small businesses in need of strong invoicing, basic bookkeeping, and business management features. Ideal for international small businesses with no more than 10 users.
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 our only 5-star invoicing software.
In 2018, Zoho Invoice made dozens of upgrades to the software’s usability and automations. They’ve also added several new integrations, making Zoho Invoice better than ever. We’re looking forward to seeing how these updates continue through 2019.
Zoho Invoice offers four scalable pricing plans ranging from $0 – $30/month. Every plan, including the free plan, 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 offers one of the most developed feature sets in the invoicing software market. In addition to invoicing, you get access to advanced features like project management, time tracking, and more. To top it off, each feature is incredibly easy to use and the UI is appealing and well-organized.
Zoho Invoicing comes with 15 customizable invoice templates, invoice tracking, and recurring invoices. You can even schedule invoices to be sent at a later time and send invoices in 12 different languages.
Here are some of our other favorite Zoho Invoice features:
- Contact management
- Expense tracking
- Request customer reviews
- 30+ reports
- Client portal
Zoho Books offers 28 integrations, including 10 different payment gateway options.
Zoho Invoice also offers incredible customer support.
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 great 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.
2. Square Invoices
Product-based businesses in need of 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 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.
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.
While you won’t find features like project management or estimates, you will find unique features like 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 programs like 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.
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.
Basic invoicing features but with unique offerings, including advanced inventory tools and a free point of sale app.
Square’s Most Popular Services
|Free App & Reader||Square eCommerce||Square for Retail||Square for Restaurants|
|Get Started||Get Started||Get Started||Get Started|
|Free, general-purpose POS software and reader for iOS and Android||Easy integration with popular platforms plus API for customization||Specialized software for more complex retail stores||Specialized software for full-service restaurants|
|Always Free||Always Free||Free Trial||Free Trial|
3. Invoice Ninja
Freelancers and small business owners looking for strong invoicing and light bookkeeping. 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 price plan. The software offers attractive invoice templates, advanced invoicing features, and over 45 different payment gateway options.
Invoice Ninja is constantly 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 year, Invoice Ninja is bound to have a few more tricks up their sleeve for 2019.
Invoice Ninja offers three pricing plans ranging from $0 – $12/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 has a modern UI that is well organized and easy to use. The software offers stong invoicing features, including 10 different templates, plenty of customizations, invoice tracking, batch invoicing and more.
In addition to invoicing, Invoice Ninja supports estimates, contact management, expense tracking, and multi-currency support. The software also has a few unique features like 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:
- Project management
- CLient portal
- Sales tax
Invoice Ninja has over 45 payment processing integrations. If you’re looking for other third-party integrations, you won’t find them, but you will find a Zapier integration, which connects Invoice Ninja with over 1000 other apps and add-ons.
Invoice Ninja has good customer service and positive customer reviews. The only downside of the software is that certain features, like project management and time tracking, are quite limited.
Invoice Ninja is 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.
Read our full Invoice Ninja review to learn more about this software option or get started with a free Invoice Ninja plan to see the software for yourself.
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 strong 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.
Last year, Invoicera improved their client portal and added new unpaid bill reminders and GDPR compliance. Who knows what’s in store for Invoicera in 2019, but given the company’s track record, it’s sure to be good.
Invoicera has two pricing plans: a $0/mo plan and a $15/mo plan. Both 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 plan lets you bill 100 clients and have two users. More clients can be purchased at an additional cost. Read our complete Invoicera review for the full pricing details.
Invoicera offers advanced features like project management, time tracking, and inventory management. The software isn’t as intuitive as it could be and setup can be a bit complicated, but once you invest some time into Invoicera, the trade-off is functionality and highly-developed features.
In addition to a great 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 be sent at a later time.
Here are other features you can expect to find with Invoicera:
- Contact management
- Expense tracking
- Client portal
- To-do list
To top it off, Invoicera offers 30 payment gateways and five additional third-party apps. Most invoicing programs offer only a handful of payment options, so if you’re looking for multiple payment options for your customers or a specific gateway, Invoicera is a good bet.
There are only two major drawbacks to the software: Invoicera has poor customer support, and there are no live bank feeds.
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. If this software sounds like a good fit for your business, check out our complete Invoicera review or sign up for their free 31-day trial.
A full-featured invoicing solution with ample invoicing customizations, beautiful templates and a practical client portal
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 of the top 5 invoicing solutions for 2019. 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. With a company that is quick to listen to its customers, we’re hoping that 2019 is a year of even more improvements.
Invoice2go offers four pricing plans ranging from $59.99 – $407.88/yr. 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 is easy to use and its mobile apps are some of the most fully-featured and intuitive around (of the top five invoicing programs here, Invoice2go’s mobile apps are only rivaled by Zoho Invoice). 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.
Invoice2go offers estimates, contact management, items, reports, and a client portal. You’ll also find:
- Expense tracking
- Time tracking
- Purchase orders
- Credit memos
Invoice2go has very limited 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 nice.
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 if you need live bank feeds or project management.
Read our full Invoice2go review to see if the pros outweigh the cons for your small business.
Best Billing Software For 2019
It’s easy to see how businesses can benefit from accounting and invoicing software. But sometimes, even the best accounting software doesn’t cut it when it comes to accounts payable. When it gets harder to keep track of your bills, you may need something more advanced. That’s where billing software (or accounts payable software) comes in.
Good billing software will help you manage, track, and pay your bills on time. It can also offer valuable business insights by providing features like reports, cash flow forecasting, and class tracking.
When it comes to billing software, we look for strong accounts payable features, affordability, ease of use, and customer support — and only one software app made the cut this year. Here is the top billing software program for 2019:
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 key insight into your business’s finances with many reports and a cash flow forecast.
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 $29/mo-$39/mo and you must choose between either accounts receivable or accounts payable. Once you choose 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 $59/mo 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’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 a bit of getting used to.
Some of our other favorite billing features include:
- Cashflow forecasting
- 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 easier, so it’s fitting that the software offers several accounting integrations. If you opt for the $39/mo plan or higher, you can connect your Bill.com account directly with popular accounting software like Xero, QuickBooks Online, Quickbooks Pro, Intacct, and Netsuite. Bill.com offers a few additional CRM, payment gateway, 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.
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 receivable 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. Check out our complete Bill.com review to learn more about the software or take Bill.com for a test run using a free trial.
Whether you’re in the market for accounting software, invoicing software, or billing 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: