You’re in the right place if you’re looking for small business software in New Zealand (otherwise known as NZ). It used to be that when you started your small business that accountants would install their own software on your computer. This is no longer the case.
Now you can eaisly download these free softwares. Here are the best out there!
Xero
| Best for | Small businesses |
| Products | Starter, standard, and premium accounting software |
| Address | Wellington HQ 19-23 Taranaki Street, Te Aro, Wellington 6011 Wellington 181 Wakefield Street, Te Aro, Wellington 6011 Auckland Te Ara Turoa, 96 St Georges Bay Road, Parnell, Auckland 1052 Napier 2 Bridge Street, Ahuriri, Napier 4110 |
| Contact Details | Contact them from the bottom of their support articles |
| Prices | Starter Plan $27.50/month excluding GST > Optional Extras Payroll: from $10/month Track projects from $10 per user Standard Plan $60/month excluding GST > Optional Extras Claim expenses: from $5 per user Payroll: from $10/month Track projects from $10 per user Premium Plan $75/month excluding GST > Optional Extras Claim expenses: from $5 per user Payroll: from $10/month Track projects from $10 per user |
If you’re just starting up your business and want to have an all-in-one kind of package, then this is probably the best accounting software in NZ for you.
Xero provides all the useful tools and features to run your business, from sending invoices to monitoring business profitability and customising the software.
Widely used by many independent reviewers, business owners, accountants, and bookkeepers, Xero certainly has the best accountants software used all over NZ.
From their 3 plans, you can choose between Starter, Standard, and Premium options.
The Starter plan starts from $27.50/month, affordable and comes with limited features since you can only send 20 invoices and quotes as well as make 5 bills.
On the contrary, the Standard Plan lets you create invoices and bills without limit, record expenses for 1 person, and reconcile bank transactions, to name a few.
If your business is already established, the Premium Plan could be what you need. In addition to the features of both Starter and Standard plans, the premium plan enables you to transact with international clients through different currencies.
Also, Xero has an online app store with over 800 programmes, including Xero Expenses and Xero Payroll. These can be added into your software to give your business an edge.
Pros
- Affordable starter plan
- Can link to third-party apps (like Stripe and Vend)
- 24/7 customer support
Cons
- Starter plan lacks features
Wave Accounting
| Best for | Free cloud accounting software |
| Products | Accounting software Invoice receipt |
| Address | 235 Carlaw Ave Suite 501, Toronto, ON M4M 2S1, Canada |
| Contact Details | support@waveapps.com |
| Prices | Accounting software: free Receipt scanning: free |
Looking for simple and organised accounting software? If yes, then you might want to try Wave.
You may find it hard to believe, but you won’t have to pay anything to use their products. Both accounting and receipt scanning software are free of charge.
With a smart dashboard, you can conveniently view your income, expenses, invoices, payments, and cash flow. These will also make setting up your tax return a breeze.
Even though Wave is free to use, the bank feed (data transferred between the bank and the software) and your business information are secure and treated with confidentiality.
Overall, if you want something straightforward and user-friendly, then this is probably one of the best nz accounting software for your needs.
Pros
- Simple and organised reports
- No monthly and establishment fees
- Secured bank information
Cons
- Suitable only for small companies
Reckon
| Best for | Value for money |
| Products | Small-business accounting software Large-business accounting software |
| Address | Level 2, ITC Building, 9 City Road, Auckland, New Zealand |
| Contact Details | 0800 447 292 Subscription and Advantage members: 0800 933 666 sales@reckon.co.nz |
| Office Hours | Customer Service Monday – Friday: 9.00 AM – 5.00 PM Saturday & Sunday: closed Technical Support Monday – Friday: 8.30 AM – 7.00 PM Saturday & Sunday: closed |
| Prices | The Basics: $8/month Essentials: $20/month Essentials + Expenses: $26/month Premium: $32/month |
No matter what size of business you have, Reckon is an accounting software in New Zealand that can simplify your bookkeeping and transactions in order to provide a satisfying experience to your customers.
Starting from just $8 a month, you get real-time information presented neatly in your dashboard. That way, you won’t have to record your company finances manually every day.
The upside to Reckon is that they have optional services you can add only if needed. In other words, you won’t need to pay ‘by the bulk’ with services that you won’t use.
You can incorporate POS software for $29 per month to add discounts for the buyer, and/or invoicing function for just $4 a month to track overdue and paid invoices.
As opposed to Xero’s $75-per-month premium plan, Reckon’s premium pack only costs $32 per month, bringing you serious value for money.
Hands down, if you are on a budget or simply want to get value for what you pay, Reckon might be the best accounting software in NZ for you.
Pros
- Value for money
- Secured data storage
- Responsive customer service
Cons
- Limited bank transactions
Customer Reviews
On Trustpilot, lots of people praised the fabulous customer service and user-friendly software of Reckon.
Nicky from Landscaper wrote this feedback:
“Brilliant – I have used Reckon for over 5 years. I am thrilled with the value for money and the excellent service. Love this product, it has everything I need.”
Also, let’s hear Rachel’s review:
“Every time I call for an assistance, I get answers to what I have asked. Always have very helpful person on the other end. Very user friendly software for me and the Reckon community is great, people are friendly and very helpful. You should thank all of them.
We use the personal reckon at home too, great product.”
MYOB
| Best for | Large established businesses |
| Products | Accounting Payroll Accounting & payroll MYOB Advanced MYOB Greentree MYOB Exo |
| Address | Auckland Level 5, Eden 5, 12 Normanby Road, Mt Eden, Auckland 1024 Christchurch 17 Sir William Pickering Drive, Burnside, Christchurch 8053 Hastings First Floor, 211 Market Street, South Hastings 4122 |
| Contact Details | Small business: 0800 606 962 Bigger business: 0800 696 239 Support: 0508 328 283 |
| Office Hours | Monday – Friday: 9.00 AM – 10.00 PM Saturday – Sunday: 11.00 AM – 7.00 PM |
| Prices | Accounting Essentials Starter: $25/month excluding GST Essentials Accounting: $40/month excluding GST Payroll Essentials Payroll: $30/month excluding GST ACE Payroll: $379/month excluding GST Accounting & Payroll Essentials Accounting + Payroll: $60/month excluding GST |
Aussie-made, MYOB provides proven accounting solutions to a wide range of businesses. It can streamline your bank feeds, payments, and cash flows.
It offers several products that cater to different business needs. Whether you need payroll, accounting, or an ERP solution, they have them at competitive rates.
Their Essentials’ plans are designed for SMEs, while their ERP solution is for industrial-type ventures and provides you with real-time visibility and statistics.
MYOB software can be used on any device like your phone, laptop, or tablet. Hence, you can work on your accounting and bookkeeping anywhere you want.
With over 300 apps available, you can also upgrade your MYOB software to drive your business. And on top of that, their customer support team is ready to assist you 24/7.
MYOB’s platform and services are suited for most types of businesses so this is one of the most adaptable accounting software in NZ in this list.
Pros
- Accurate reporting
- Competitive rates
- High-security standards
- 24/7 customer support
Cons
- Expensive monthly subscriptions
Sage Business Cloud Accounting
| Best for | Neat and user-friendly interface |
| Products | Accounting Start Accounting |
| Address | HQ: 271 17th Street Northwest, Atlanta, Georgia 30363, United States |
| Contact Details | +44 191 294 3000 global.communications@sage.com |
| Prices | Accounting Start: $10/month Accounting: $25/month |
With a neat and pleasant user interface, Sage Business Cloud Accounting can help you manage your cash flow, send invoices, and track payments.
Featuring auto-bank reconciliation, you’ll be notified of payments sent to you by customers or cash deposited into your bank account. We like this nifty little feature and that’s one of the reasons why we included Sage on our list of best accounting software in NZ.
It’s also easy to update your accounting software with new receipts. Simply snap a picture of them and they will be transferred into the system via AutoEntry.
If there happens to be a mistake in the financial records, you can communicate securely with your accountant from your phone, computer, or tablet.
Sage Business accounting software also supports Stripe, allowing you to get your payments quicker from clients.
If your business has a retail or buy-and-sell model, this is one of the most suitable accounting software in NZ for you.
Pros
- Affordable rates
- 24/7 customer support
Cons
- Suitable only for small companies
FreshBooks.
FreshBooks is of the most popular accounting tools in the market. It can streamline the management of all your accounting activities like invoicing, time tracking, making payments, and more. The best part is that it is fast, secure, and easy to use.https://10114107a98fbc4dc8793f40803011ad.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html
Key Features:
- Invoicing – You can personalize your emails and create your own invoice with excellent customization, including your logo and signature
- Automatic Expense Tracker – Simply link your bank account with the software and get automated updates about your spending at predetermined frequencies
- Track Your Time – Track the exact time spent on activities like engaging clients, finishing a project, and more
- Accounting – Provides easy to use, double-entry accounting tools
- Project Management – Provides holistic project management features and facilitates collaboration
Pros:
- It’s a mobile-friendly software that lets you stay connected with customers through the mobile app
- User-friendly and intuitive user interface
- Multi-language and multi-currency compatibility
- Cloud-based software, so it is inexpensive and easy to use
- Excellent customer support via phone, email, live chats, and ticket
- Allows excellent customization
- Accepts credit cards, business credit cards, and performs ACH bank transfers online
- Regularly generates project budgets to keep your team up to date
- Generates robust and actionable insights
- 30-day free trial period
- Every transaction is SSL certification encrypted to provide enhanced data security and maintain the integrity
- Provides unlimited expense tracking, time tracking, expense entries, and customized invoices
- Clean, easy-to-navigate dashboards for increased efficiency
Cons:
- On-premise deployment not possible
- Doesn’t have a free plan
- The metrics, goal-setting, and reporting features need improvement
Pricing:
Freshbooks offers four plans.
The first three plans are priced at $6, $10 and $20 per month (billed annually). The last plan is a customized plan to cater to the needs of an individual, and you have to contact a sales rep to get a quote.
QuickBooks.
Intuit QuickBooks Online is one of the newest accounting software for small businesses and offers both cloud-based and on-premise versions. It provides a holistic solution for all accounting activities like accepting business payments, management, and payment of bills and payroll functions.
Key Features:
- Invoicing – create custom, professional invoices, sales receipts, and estimates that you can send in minutes
- Accounting reports – instantly see how your business is performing with customizable reports and dashboards
- Cash flow management – Enter bills from vendors and pay them only when due. You can schedule recurring payments as well to save time
- Expense tracking – record every expense for the month when you have to pay your taxes. You can also photograph and save receipts with the QuickBooks Online mobile app
- Inventory management – This is a module where you can view quantity on hand when you buy or sell inventory due to real-time updates. You can also access real-time inventory valuation, which is automatically adjusted throughout the day and lets you stay on top of purchase orders by keeping track of what you’ve ordered from each vendor.
Pros:
- Offers a 30-day free trial period
- Offers both on-premise and cloud-based deployment
- Extensive customer support available via phone, email, tickets, and live chat
- Takes automatic backups every day so that you’re always up to date
- Provides bank-level data security (128-bit SSL encryption) for security and integrity
- 24/7 access to accountants from any device
- Allows efficient, real-time collaboration between different team members and teams by providing unlimited access
- Bookkeeping software works with Windows, Mac, Android, and other operating systems
Cons:
- Doesn’t offer a free plan
- Supports only English
- Customer support isn’t available during weekends
Pricing:
Intuit QuickBooks Online provides five plans, starting from $4 month and ranging up to $45 per month. All Quickbooks Online subscription plans come with a 30-day free trial period.
Conclusion
The best accounting software will be able to keep track of your finances, either on your desktop or online. It’s also good to find a good small business accounting software nz that helps you with your marketing and sales. I can assure you, these are the best!