Top 10 Accounting Software for Windows 10 – Reviews and comparison of top rated Accounting Software programs that help you to manage your financials, personal expenses and business in a better way.
Time is money and with the right software, you can maximize your productivity and win more clients and customers. But with so many options available, how do you know which are the best accounting and finance software for Windows? Which one will increase your ROI? Here we take a look at our top 10 accounting software for Windows to help you get started.
Zoho Books Accounting Software: Best for Microbusinesses
Zoho Books Accounting SoftwareZoho Books has apps for popular operating systems and devices – including Apple, Android and Windows – allowing you to send invoices, reconcile accounts, and accept payments on the go.Through Xero, you can track and manage bills and vendor credits.Xero has a limit of 5,000 transactions per month, which isn’t enough for some businesses.VISIT SITE
Microbusinesses need simple accounting software, and that’s where Zoho Books comes in. Zoho Books offers all of the basic features that microbusinesses need, as well as advanced tools such as project billing and time tracking. It also has integrations, so you can continue using the software as your business grows. We selected Zoho Books as the best accounting application for microbusinesses because of its simplicity and value.
Editor’s score: 8.75/10
With its Apple, Android and Windows mobile apps, Zoho Books makes it easy for business owners to send invoices and manage their books on the go. There are even dedicated apps for the Apple Watch and Android smartwatches. The ability to create and send invoices from the app means that, as soon as you finish a job, you can bill a client, instead of waiting to get back to the office.
When you use simple accounting software, you don’t want an outdated user interface or features that are so basic you can’t glean important business insights from the data. That’s what makes Zoho Books stand out: While the platform is easy to use, it doesn’t lack features, and the interface is modern and sleek. It can also speed up many business processes via automation, which is a nice time-saving feature.
You can set recurring invoices and send automatic payment reminders, and if you link your payment processor with Zoho Books, you can accept payments in invoices. You can automate reporting, too; Zoho Books lets you schedule when to run reports and then automatically emails them to you.
Another feature that sets Zoho Books apart from its rivals is the company’s client portal, a website your customers can visit to view invoices, make comments and pay online. This is a particularly helpful feature for businesses that work closely with their clients on projects. If you want feedback from your customers, you can set up the portal to allow them to review your services.
Zoho also has its own suite of integrated business apps, including customer relationship management (CRM) software, email marketing and social media marketing solutions, spreadsheet editors, and other productivity tools. Like its competitors, Zoho Books integrates with third-party productivity apps and business solutions, including Google apps, the Square point-of-sale (POS) system, several credit card processors, and tax services Tax1099 and Avalara. It also has a Zapier integration, which allows you to connect to more than 1,000 third-party apps. With all those features and services, it’s easy to see why Zoho Books is our pick for the best accounting software for microbusinesses.
September 2021: Aiming to help small business owners as they emerge from the pandemic, Zoho made its Zoho Invoice platform free to its customers. In addition to sending bills, the software lets you track time, manage project billing, and access more than 30 features and tools to help you get paid and collect past-due bills.
Xero: Best for Growing Businesses
XeroXero offers more than 700 app integrations to manage all aspects of your business.You get support via email and live chat 24 hours a day.Xero isn’t as well known as QuickBooks, which may affect your accountant’s learning curve.COMPARE QUOTES
Although many businesses start small, they don’t always stay that way. You want accounting software that can grow alongside your business, and Xero does exactly that.
Editor’s score: 8.5/10
Unlike accounting programs that base pricing on the number of users each plan supports, Xero’s subscription plans support unlimited users. So, as your business grows, you can add new employees to your account at no additional cost. All plans include most features, such as estimates, inventory tracking and recurrent invoicing. The software supports more than 700 app integrations, and it comes with 24/7 email and live chat support.
There’s another reason we chose Xero as the best accounting software for growing businesses: The pricing plans were created for different stages of a company’s growth. Xero has plans for freelancers, solo traders, business owners just starting out, more established small businesses and even enterprises.
Xero can run over 50 reports, including profit and loss statements and a general ledger. You can customize reports, view them as charts, search date ranges and apply other filters. Once you’re done running a report, you have the choice to print it or export it as a PDF, Excel spreadsheet or Google Sheet.
Like other accounting software, Xero lets you manage inventory, which is extremely helpful if your business sells and stocks a lot of products. You can track items in real time, monitor inventory and spot trends in your sales. Through its recent acquisition of LOCATE Inventory, Xero is making it easier for users to automate inventory tasks, better manage supply and demand, and enhance pricing. Xero customers also have access to new channels to sell their products.
Xero also provides mobile access via apps for the iPhone, iPad and Apple Watch. This accounting software is also easy to use, thanks to an interactive dashboard that tells information such as when invoices are due and which bills still need to be paid.
On top of all that, you get project management tools if you sign up for the Established plan. Using these tools, you can track tasks, expenses, budgets, billable time and payments, as well as collaborate with other users on specific projects and invoice customers through the software.
We believe that Xero’s assortment of features, combined with its customer support, makes it one of the better options on the market. When you add in the mobile app, you get an ideal accounting software for growing businesses.
Wave
Wave is an ideal accounting software platform for a service-based small business that sends simple invoices and doesn’t need to track inventory or run payroll. For many freelancers or service-based businesses, Wave’s free features will cover all of their accounting needs and is the best free software in our review. At year-end, accountants can pull the necessary reports from Wave to prepare a business’ tax return.Pros
- Free accounting, invoicing, and receipt scanning
- No transaction or billing limits
- Run multiple businesses in one account
- Unlimited number of users
- Mobile app
Cons
- Limited third-party app integrations
- Higher fees for credit cards and ACH payments
- Full-service payroll is limited to only 14 states
- No inventory management
Wave was founded in 2010 and is based in Toronto. The company has over 250 employees and was purchased by H&R Block in 2019. The foundational accounting features that most small businesses need, such as income and expense tracking, financial reporting, invoicing, and scanning receipts, are all included with this free software. These features can be accessed online or on the mobile app. Customer payment processing and payroll are considered premium services that cost extra, but all of the bookkeeping, invoicing, and reporting features are completely free.
Wave makes its money on its payment gateway. To process payment from a customer, Wave charges 2.9% plus 30¢ per transaction for Visa, Mastercard, and Discover, and 3.4% plus 30¢ per transaction for American Express. These fees are slightly higher than other accounting software. Additionally, to process an ACH payment, rather than a credit card, Wave charges 1% per transaction with a $1 minimum fee. This is unique to Wave, as the majority of accounting software does not charge a fee for ACH payment processing.
Wave offers two payroll plans as an add-on service. The first plan is $20 per month plus $6 per employee or contractor. In this plan, Wave will process payroll and prepare payroll tax calculations, but the user is responsible for manually completing payroll tax forms and submitting tax payments. The second plan is $35 per month plus $6 per employee or contractor. In this plan, payroll is full-service, which means that all tax filings and payments are completely managed by Wave. This full-service payroll option is only available in 14 states.
QuickBooks Desktop
QuickBooks Desktop 2020 includes several new features that are designed to streamline various processes. These new features include:
- Enhanced system navigation
- Expanded help capability
- Automatic payment reminders sent to past due customers
- Ability to consolidate invoices into a single email
In addition, all QuickBooks editions offer the following features:
Invoicing
QuickBooks Desktop offers top notch invoicing software capability, allowing users to create a professional invoice for their customers. The Premier edition offers users a variety of industry-specific invoice templates including professional, product, and service invoice templates.
You also have the option to use QuickBooks Payments in order to get paid faster, including the ability to add a ”Pay Now” button to customer invoices for easy payment.
Inventory
Good inventory tracking capability is available in all QuickBooks Desktop editions, with the ability to track all products sold, cost of goods, and inventory management, including inventory adjustments.
You can easily add inventory items to QuickBooks Desktop, with custom fields available for tracking additional details.
The Premier edition’s inventory module offers more advanced inventory features, including low stock alerts, the ability to track any product by manufacturer’s part number, the option to add product cost, and the ability to set reorder points. In addition, there are custom fields that can be used to track additional information for any inventory item.
Conclusion
Are you new to managing a business but have years of accounting knowledge and experience? Or are you a small business owner with limited time and budget searching for affordable yet powerful Windows accounting software you can access remotely?