All-in-One Free Accounting Payroll Software Small Business is perfect for small business owners who want to streamline their accounting processes. It offers a full-featured accounting package that includes useful reports and graphs along with tax filing capabilities.
Our Accounting Payroll Software Small Business is a complete accounting software package which is designed to handle the needs of small to mid-sized business. The software offers common features found in most accounting programs and provides professional capabilities not found in free accounting software packages.
Sage Accounting
Best small business accounting solution for multiple users
TODAY’S BEST DEALSSAVE 40%Sage Business Cloud AccountingUS$10AccountingUS$25VISIT SITEat Sage
REASONS TO BUY
+Good value proposition+Neatly presented and easy-to-use+Impressive customer support
REASONS TO AVOID
-Basic options quite limited-Paid for means more to learn-Steepish learning curveAdvertisement
Sage Accounting makes a good first impression with its clear and gimmick-free pricing. The top Sage Accounting plan offers decent value and there is also a 30-day free trial.
For this, you get modules to manage quotes, invoices, handle and submit VAT online, smart bank feeds and reconciliation, cash flow forecasting, some detailed reports, multiple currency support, project tracking and more, all available from your desktop or via a mobile app.
All this is well presented and generally easy-to-use. If you run into trouble, detailed web help and video tutorials are only a click or two away, with the offer of “free unlimited 24/7 telephone and email support” that should help make any newbie comfortable.
Sage also has a more basic offering called Accounting Start. This doesn’t include support for quotes, estimates or vendor bills, and has no cash flow forecasts, but it could be enough for start-ups as well as small businesses.
Kashoo
Best hassle-free accounting software for small business users
TODAY’S BEST DEALSVISIT SITE
REASONS TO BUY
+Multi-currency support+Neatly designed dashboard
REASONS TO AVOID
-No Android mobile app-Basic in some areasAdvertisement
Choosing an accounting package often involves browsing a complicated comparison table, looking for hidden catches and trying to figure out which is the best product for you. Kashoo avoids all that and delivers just about everything you’re likely to need.
Kashoo shines when it comes to multi-currency support, an important feature for today’s global economy. It also supports credit card transactions for all the major carriers such as Amex, Visa and Mastercard – at a competitive fee.
You also benefit from unlimited invoices and connections to over 5,000 financial institutions to reconcile accounts online. We liked the uncluttered interface of this product, and the dashboard that provides a good summary of your current financial situation at a glance.
Kashoo also offers customer support across the gamut of email, phone, live chat and social media – this company will even respond to an old-fashioned letter! One current shortcoming to note, however, is that there is only a mobile app for iOS, leaving Android users out in the cold for the time being. Kashoo offers a 14-day trial for those looking to test the service out.
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.
Wave: Best for Sole Proprietors and Small Businesses
Best for Sole Proprietors and Small Businesses
Wave Accounting is one of the more tested, reliable options listed here. It’s an accessible, intuitive program that doesn’t require much — if any — training to understand.
Its entire suite of accounting features is available for free — including unlimited income and expense tracking, the ability to run multiple businesses from a single account, and unlimited bank and credit card connections.
Most of Wave’s issues are relatively nit-picky. For one, it doesn’t allow users to track accounts payable. It also doesn’t have a comprehensive mobile application for its accounting features.
Still, the program is one of the sounder, more robust free accounting applications available, and it’s scalable enough to accommodate everyone from independent contractors to sole proprietors to small business owners.
Wave’s Key Benefits
- Accessible setup and interface
- Unlimited bank and credit card connections
- Unlimited income and expense tracking
- Exportable accounting reports
Wave’s Key Drawbacks
- Can’t track accounts payable
- No comprehensive mobile application
Conclusion
Our free accounting software is perfect for small businesses. You’ll discover a fully functioning accounting software with all of the features you need to get your finances in order. Start tracking sales and expenses, as well as creating estimates for customers and managing deposits and payroll. And since it’s free, think of this as a way to try it out before going Pro!