The Best Accounting Software Programs

Sunday, March 26th

2023 Accounting Software Program Reviews

QuickBooks

QuickBooks is a universally-recognized accounting software used by companies and accountants alike. This is for good reason since they offer the most comprehensive and flexible accounting software in the industry. It is affordable, easy to use, and comes with all the features that small businesses or self-employed people would need to manage their financial data. QuickBooks has easily earned our highest rating for accounting software.

Xero

Xero is one of the most popular and well-known accounting software platforms you can find. Many customers describe it as an intuitive program that has everything they need to manage their company finances, and they give high praise to Xero's customer service team for being so easy to work with. Their pricing is affordable and they help customers manage all the details of accounting they could possibly need. Xero is a great choice for accounting software.

Sage 50cloud

Sage 50cloud is the most expensive accounting software in our review. Their product provides all the features that a small business (up to 50 employees) would need to help manage their finances. Sage 50cloud can be accessed from a desktop as well as from the cloud on any digital devices. Some customers have complained about frequent updates with the software that could cause issues, but other than that Sage 50cloud is one of the most comprehensive accounting options on the market.

Wave

Wave is one of the few free accounting software options on the market. For freelancers or entrepreneurs who are running on a tight (or nonexistent) budget to get their company off the ground, Wave might be the place to start. They provide basic features to manage your finances, but you won't pay a thing unless you use their payroll system. Wave has its weaknesses, but is well-liked by customers who are just happy to have a free accounting software to get them started.

Kashoo

Kashoo is one of the simplest accounting software programs on the market. It is designed for small businesses to track their financial data without having to learn complicated software or have a strong background in accounting. Because of its simplicity, it is also one of the less expensive accounting options out there, which is a plus for small businesses. We worry that Kashoo may be too simple for some companies and lack key features that could be useful, but if you need some help in accounting and need a place to start, Kashoo is worth looking into.

LessAccounting

LessAccounting is a software-based accounting system for small businesses who want to reduce time spent on bookkeeping and managing company finances. They are one of the more expensive choices, especially considering they don't have an integrated payroll system. However, their features are straightforward and easy to learn, so if you're willing to spend the money, this could be a good option to consider if you want hassle-free accounting software.

FreshBooks

FreshBooks is an accounting software solution built exclusively for small business owners. Their product assists with everything from invoicing to expense tracking to creating project estimates. Their platform has a simple, easy-to-use layout that would work well for both novice and experienced accountants. Unfortunately, in the past couple of years, customers have complained that company changes have resulted in difficulty working with customer service and software issues that prevent customers and their clients from using FreshBooks for its main purpose. Hopefully FreshBooks is able to update their system and fix some of their issues, but in the meantime they've earned an average rating from us.