Top Offline Accounting Software is award-winning, top-rated accounting software for small and medium business. It allows you to track your income, expenses, assets and liabilities. This fully featured accounting software program provides great value with low cost in comparison to many other programs.
Do you want to purchase the best Offline accounting software? Well, look no further, because I have compiled a list of top offline accounting software and can help you decide which are right for your organization. Check out this short list of free, easy-to-use accounting software that can make managing and calculating accounts easy.
Wave
A top free accounting software to consider from the start of your search is Wave accounting software. Through this option, you’ll be able to connect unlimited bank and credit card accounts to your books. You’ll also be able to add unlimited income tracking, expense tracking, and guest collaborators for free. Plus, you’ll be able to invoice and scan receipts for free as well.
Be sure to note, though: If you want your invoiced customers to be able to pay online directly through the invoice, you’ll need to pay for that. Wave charges 2.9% + $0.30 for each credit card payment and 1% (with a minimum of $1) for each ACH payment. You’ll also need to pay for payroll through Wave. Depending on where you do business, you’ll pay a monthly base fee of either $35 or $20, plus $4 per employee and contractor on your payroll.
ZipBooks
Another top free accounting software for small businesses to consider is ZipBooks. ZipBooks offers all the crucial features of an accounting software—reports, bank syncing, billing, expense management, and invoicing—in one free account.
If you want to offer online payments to your invoiced customers via ZipBooks, you’ll need to do so via Square or PayPal. You’ll pay the standard PayPal rates and Square rates for those transactions.
ZipBooks offers an integrated payroll add-on option with Gusto. Gusto starts at $39 per month, plus $6 per person per month. For a limited time, you can get the Core plan for a discounted price of a monthly $19 base cost for the first six months. Gusto also has a new option for contractor-only employers, who simply pay the $6 per employee rate and no base price.
Akaunting
You should also consider a free accounting software called Akaunting. This option offers many of the most necessary features that a small business accounting software should. Within this technology, you’ll be able to invoice, sync accounts, track expenses, set up recurring bills, manage customers, and manage vendors. However, to access more advanced features like online payments, for example, you’ll have to download third-party apps that will cost you a yearly fee on top of whatever fees you have to pay for this third-party account.
Long story short, creating an Akaunting account won’t cost you anything, but as you navigate this software, you’ll realize that all the capabilities that you might expect to be ready-to-use will rely on your purchasing these third-party apps.
QuickBooks Online
QuickBooks Online is the best overall accounting software for small businesses of those reviewed. Not only do the majority of small business accounting professionals use QuickBooks Online, but there are also endless online training resources and forums to get support when needed. All accounting features can be conveniently accessed on one main dashboard, making bookkeeping more fluid and efficient.Pros
- Scalable
- Commonly used by accounting professionals
- Integration with third-party applications
- Cloud-based
- Mobile app
Cons
- Upgrade required for more users
- Occasional syncing problems with banks and credit cards
Intuit’s QuickBooks Online has been the most common accounting software used by small businesses and their bookkeeping and tax professionals. The software is cloud-based and can be accessed through a web browser or through the mobile app.
After the 30-day free trial, the four options for subscription plans include: Simple Start at $25 per month, Essentials at $40 per month, Plus at $70 per month, and Advanced at $150 per month. Typically there is a significant discount offered for the first few months, and some accountants are able to offer wholesale pricing to small businesses, as well.
The monthly subscription for this software can be upgraded as a business grows, and there are many customization options with the mobile app that can be used to receive payments, review reports, capture an image of a receipt, and track business mileage. For businesses looking for a payroll solution, QuickBooks Payroll fully integrates with QuickBooks Online.
Each plan offers more advanced features like inventory management, time tracking, additional users, and budgeting. Most service-based small businesses will find that Simple Start meets all of their needs. For product-based small businesses, Essentials or Plus will have more options for inventory and customizations. The Advanced subscription is a new offering and provides robust financial reporting that is powered by Fathom. Fathom is an elite online financial report analysis tool used by many large companies all over the world.
All plans allow integration with third-party apps such as Stripe or PayPal. QuickBooks Online’s app store breaks down all of their apps by function and provides helpful examples of the benefits of each app.
Xero
Xero is the best in our review for micro-businesses that are looking for very simple accounting software. This software has a clean interface and also fully integrates with a third-party payroll service. Businesses can collect payment online from customers through Xero’s integration with Stripe and GoCardless.Pros
- Cloud-based
- Mobile app
- Payroll integration with Gusto
- Third-party app marketplace
- Simple inventory management
Cons
- Limited reporting
- Fees charged for ACH payments
- Limited customer service
Xero was founded in 2006 in New Zealand and now has over 2.7 million users worldwide. This accounting software is popular in New Zealand, Australia, and the United Kingdom. Xero has over 3,500 employees and is growing rapidly in the U.S., as well.
Xero offers three monthly subscription options and a full-service payroll add-on: Early at $11 per month, Growing at $32 per month, and Established at $62 per month. The full-service payroll option is offered through Gusto and is an additional $39 per month, plus $6 per employee. The company offers a 30-day free trial and a promotion for 50% off for two months.
The Early plan limits usage and only allows entry for five invoices or quotes, five bills, and reconciliation of 20 bank transactions per month. This limited plan may be suitable for a micro-business with high-ticket transactions, but only a few per month, such as a consulting or small service provider. Both the Growing and Established plans offer unlimited invoices, bills, and transactions. The only difference between the two is that the Established plan has additional features like multi-currency, expense management, and project costing. All three plans offer Hubdoc, a bill and receipt capture solution.
SlickPie
The free accounting software SlickPie is also worth looking into for your small business finances. The free version of this accounting software allows for unlimited automated receipt entries, 10 different companies on one account, and email support. It also allows you to create quotes and estimates that can easily become professional invoices. SlickPie also allows you to connect your PayPal and Stripe accounts for free. That means customers will be able to fulfill their invoices with card or PayPal payments online—and you’ll simply have to pay the standard transaction fees that PayPal and Stripe charge.
One feature that this free accounting software seems to be lacking is reports—the SlickPie website doesn’t highlight any built-in reporting capabilities. If you’re hoping to extract valuable, high-level insights from your accounting software, then you might want to consider options other than SlickPie.
FINSYNC: Best All-In-One Accounting Software For Large Businesses
FINSYNC | Visit SiteRead our Review |
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Best accounting software for medium- to large-sized businesses looking for an all-in-one accounting, payments, payroll, and cash flow management solution.
Pros
- Unlimited users
- Strong cash flow and analytics
- Affordable
- Easy to use
Cons
- Limited features
- Limited integrations
- No mobile apps
FINSYNC was designed to be the all-inclusive accounting software created to “get your finances in sync.” This cloud-based software provides impressive features and unlimited users in a well-organized, easy-to-use package. One of FINSYNC’s unique aspects is its cash flow feature. The software helps you visualize and analyze your cash flow so that you can have more control over your business’s finances and better plan for your company’s future. The company also has wonderful customer support, which is more than its competitors Xero and QuickBooks can say.
FINSYNC offers a beautiful UI that is well-organized and easy to use. The company also offers a “concierge” service where you can pay to have a FINSYNC expert set up your account for you — not a bad option for businesses dreading the transition to a new program.
While the software has a lot going for it, there are a few drawbacks, such as a lack of mobile apps and a limited selection of integrations. But if your company doesn’t rely on these, FINSYNC could be an affordable choice.
FINSYNC Pricing
With FINSYNC, you can buy the payments ($10/month), accounting and cash flow analysis ($55/month), and payroll services à la carte ($40/month), or you can pay $95/month for all three (plus payment processing transactions charges).
FINSYNC Features
For such a young company, FINSYNC offers an impressive number of features. In terms of accounting, you’ll find the staples, such as expense tracking, bank reconciliation, accounts payable, and a chart of accounts. The software could offer more reports, but it does cover the basics. In addition to these features, FINSYNC also provides:
- Invoicing
- Estimates
- Contact management
- Inventory
- Time tracking
- Budgeting
- Class tracking
Would FINSYNC Work For My Business?
FINSYNC is a great option for medium to larger businesses with multiple users looking for advanced features and cash flow management — plus, FINSYNC could be cheaper than both Xero and QBO. The software is not ideal for businesses in need of mobile apps or a large number of integrations.
Conclusion
One of the best offline invoice software for small and medium businesses are Invoice2Go. You should consider this amazing app if you need to invoicing, billing and expenses tracking for your business. This is a powerful app for all accounting needs in an easy way. It does not require any data connection to operate that helps you keep track of your business accounts in every situation. If you are looking for such a thing then don’t waste your time and install it asap upon finishing reading this review.