This program is a free small business and personal accounting software. It has all the powerful features you need to effectively manage your business, including sales invoicing, checkbook management, payroll and job costing with printing. It’s ideal for both small and large businesses of any kind (including non-profit), as well as for individual financial needs. It runs in less than 512MB of RAM with any Windows x86 or x64 platforms running Windows XP, Vista, Windows 7 or Windows 8
Complete Double-Entry Bookkeeping is a comprehensive yet easy to use accounting system for small businesses and personal use. Accounting software is capable of recording every cash transaction that takes place at your company from everyday purchases through to larger ongoing expenses and can be used for your own records or as financial statements for tax purposes. functions: – General journal – Adjustment posting – Closing date related to adjustments – Accounts receivable accounts – Accounts payable accounts – Control accounts (Bank,Cash, Paypal, Credit Card…) – Bank register with all these accounts
Zoho Books: Best for Scaling Businesses
Best for Scaling Businesses
Zoho Books is a robustly featured accounting solution tailored to help small businesses. Its free plan is restricted to organizations generating less than $50,000 in annual revenue, but if you qualify, Zoho Books can cover a lot of your bases.
The platform has end-to-end accounting resources to handle the more monotonous, frustrating elements of this side of your business — including invoicing and raising sales orders. The program also has a client portal to help you seamlessly connect with your customers.
With a user-friendly interface and a solid mobile application, Zoho Books is one of the more straightforward, accessible solutions listed here. But it still comes with its share of limitations, including a lack of payroll management resources. The free plan also only gives you access to email support — not chat or voice.
But apart from those issues, Zoho Books is a pretty sound application. If its suite of features covers your needs and your business meets its revenue requirements, consider looking into Zoho Books’ free plan.
Zoho Books’ Key Benefits
- End-to-end accounting features cover a lot of bases
- Accessible interface
- Solid mobile application
Zoho Books’ Key Drawbacks
- Support is restricted to email
- Only certain businesses qualify
- No payroll management resources
Fiverr Workspace: Best Free Accounting Software For Freelancers
Fiverr Workspace | Visit SiteRead our Review |
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Best for freelancers and independent contractors that want an easy way to invoice customers and track expenses.
Pros
- Easy to use
- Exceptional customer service
- Strong mobile apps
- Cloud-based software
Cons
- Free plan limited to a single client
- Limited integrations
Fiverr Workspace (formerly known as AND CO) was designed with the freelancer in mind. It isn’t full-fledged accounting software, but it offers plenty of basic tools that are beneficial to freelancers, microbusinesses, and independent contractors. Fiverr Workspace makes it easy to perform basic tasks, such as tracking expenses, managing contacts, sending invoices, and tracking time.
Fiverr Workspace offers a free plan, but unfortunately, limitations on this plan only allow you to bill a single client. If you need to invoice additional clients, you can upgrade to a paid subscription. If you aren’t a freelancer and instead operate a small business, you may need more tools than Fiverr Workspace offers. However, this management software offers several great features with an easy-to-use interface that simplifies freelancers’ accounting and bookkeeping tasks.
Fiverr Workspace Features
With the forever-free version of Fiverr Workspace software, a single user will have access to:
- Branded invoicing for one client
- Expense tracking
- Time tracking
- Basic reporting
- Contracts and proposals
- Project management tools
Fiverr Workspace Pricing
If you have more than one client, you must upgrade to the Unlimited plan. For $24 per month, you’ll be able to invoice unlimited customers. Pro users also get added features, such as non-branded invoicing and customizable contracts.
GnuCash: no-frills but plenty of features
GnuCash is an open-source accounting program that offers many features to help you manage your small business accounting. Volunteer developers update the software regularly, which means the program is always kept up-to-date.
GnuCash pros
GnuCash’s strength is that it contains advanced features such as customer and vendor tracking, job assignments, invoicing, bill pay, sales tax management, payroll management, and budget creation and management.
The checkbook-style register is an easy-to-use interface for entering all of your checking and credit card transactions. You can also enter income, stock, and currency transactions.
You can split transactions, mark transactions as canceled or reconciled, autofill entered transactions, and display multiple accounts in a single register window.
GnuCash cons
Since GnuCash is not cloud-based and only locally installed on a desktop computer, access to your financial data is limited to only one machine and one user. While GnuCash offers a mobile app, it is only for Android-based devices and requires you to manually import the data, which can be a pretty tedious process.
The interface of the program is also a bit dated and requires some time to get used to. Many users report problems with manually importing their transactions.
GnuCash’s customer support is through a public email-based discussion board, so it may take a while before you get a response to your question. Their chat support uses an obsolete IRC channel system, which can be tedious to set up.
Wave Accounting: powerful and cloud-based for anywhere, anytime access
Wave Accounting checks all the boxes for many powerful features that are well-suited for your small business.
Wave Accounting pros
One of Wave’s most powerful features is that it’s cloud-based, which means real-time access and instant updates from anywhere. Your information is stored and backed up on highly secured servers.
Wave also includes unlimited and customizable income and expense tracking, receipt scanning, invoicing, and a smart dashboard for easy viewing.
Wave offers unlimited bank and credit card account connections, and there’s no charge if you want guests to sign in and collaborate on the financials with you. If you need someone else, like your accountant or another member of your financial team, to log in and check the numbers, relax: there’s no limit to the number of users you can add.
Wave has a robust Help Center for self-service support, and they also provide email support for all invoicing and accounting questions related to their free features.
Wave Accounting cons
While Wave allows you to track accounts receivable (aka any money your customers owe you), it doesn’t allow you to track accounts payable (meaning the money you owe your suppliers or creditors). Wave also does not offer inventory management.
And while all of Wave’s basic features are free, there is a per-transaction credit card processing fee of 2.9% plus .30 for Visa, Mastercard, and Discover and 3.4% plus .30 for American Express.
Wave’s payroll application is available at $20 or $35 a month, depending on which state your business is located in.
Live chat support is only available for paid features. If you’d like to speak to an expert about your bookkeeping questions, you’ll have to purchase it from their Wave Advisors.
Conclusion
Our free small business accounting and personal finance software are designed to help you get your finances in order. Whether you’re a new business or entrepreneurial enthusiast, or a home bookkeeper wanting to monitor your household or personal finances offline, try our free software. Our easy-to-use small business accounting software can be used as a stand-alone system or integrated with other accounting software systems.