Small Business Accounting Software Canada for Mac

How do you find and pick the best small business software? It’s not always easy. Small business accounting software can be especially tricky to find when you’re not sure how it differs from regular business accounting software. Free business accounting software Canada is even harder when you want the best but are on a budget. Fortunately, there are many powerful solutions available, including cloud-based options that are perfect for startups.

Small businesses have many different accounting needs. Some need a complete small business software Canada while some can get away with simple bookkeeping software for mac. These tools help track your sales and expenses, minimize exposure to fraud and errors, and provide important insights into your business’ performance.

Intuit QuickBooks Online

“It’s impossible to talk about accounting software without mentioning QuickBooks. For Mac users, QuickBooks Desktop may not be an option, but there’s always QuickBooks Online. This cloud-based software is ideal for small- to medium-sized businesses, offering over 650 integrations and numerous accounting features for your Mac, PC, or mobile device. And the best part? It’s not as difficult to learn and use as QuickBooks Desktop!”

QuickBooks is one of the most comprehensive accounting software packages on the market, so it’s no surprise that it ranks #1 on our list. It has numerous features that make it an excellent choice for both small and large business operations.

Developed by Intuit, a leading Canadian software company specializing in financial software, QuickBooks Online is a cloud-based accounting system you can access through a mobile app or web browser.

Small business owners and accounting professionals commonly use this software because of its fluid and efficient accounting features. In addition, you can conveniently access all of its featured accounting tools in one central dashboard.

Quickbooks offers a 30-day free trial and three subscription options. They are as follows:

EasyStart at $20 per month
Essentials at $40 per month
Plus, at $60 per month

Pros:

QuickBooks is the most comprehensive accounting package available.
It has a user-friendly interface that’s great for novice users.
Allows you to track job expenses efficiently.
Accept payments online (Visa, Mastercard, ApplePay, Discover)
Best payroll features (Direct deposits, Automated tax filing, Employee portal)

Cons:

The software is a bit pricey compared to other options on the market.
The payroll addon is extra $20/mo +$3/employee/mo
After subscription cancellation, you can access your records only for a year

Wave

Wave is an invoicing and accounting software founded in 2009 in Toronto, Canada. They offer small businesses free accounting and invoicing services. Wave Accounting is one of the most affordable accounting software out there, and it comes with numerous features that make it a competitive option for small businesses. It offers a user-friendly interface and is simple to use with just a few simple clicks.

If you want the best pricing without sacrificing quality when it comes to accounting software, give Wave a try. Wave is an industry stand-out because it’s available for the low, low price of $0. Yes, Wave is completely free with no strings attached — no annoying popup ads or outdated UIs here!

You’ll find all the basic accounting features with Wave, including invoicing, estimates, expense tracking, charts of accounts, journal entries, and even built-in lending for qualified borrowers. There’s a number of customer support outlets, although response times can be a bit delayed. Wave also lacks advanced features found with other accounting software and has very limited integrations, which could be a dealbreaker for some businesses. You also can’t add multiple users, so Wave is most suited for smaller businesses with a single user.

Wave accounting software is completely free. However, you can add payment processing or payroll for an additional cost.

Pros

Free
Easy to use
Numerous features

Cons

Doesn’t support multiple users
Limited integrations

Sage Business Cloud Accounting

If you’re looking for a solution that’s simple to set up and use, then Sage Business Cloud Accounting might be the right choice for you. The software comes with two options: desktop with cloud storage and online software. It makes it ideal for accounting professionals who regularly travel and do not always have internet access, and they can access their data without an internet connection. The software has a standard set of accounting features, such as invoicing, payroll, payments. Furthermore, it integrates with the Microsoft 365 platform, so if you are already using Microsoft 365, you may get extra benefits from choosing Sage 50cloud Accounting.

Because this accounting software has all the capabilities of QuickBooks Online, but for the half price, it might be worth checking out as well.

Pros:

A cloud-based system makes setup easy with no installation required.
Sage Business Cloud Accounting is user-friendly and allows you to create invoices and invoice customers quickly.
You get 24/7 support from Sage.
College students who study business accounting learn Sage, so find an accountant with Sage Accounting experience would be easy.
It is a more affordable option comparing to Quickbooks.

Cons:

It may be a little more complicated to use and less intuitive
You may spend more time learning this software comparing with other options.

Xero

Xero is now a well-known name among Mac accounting software, due to its great interface and richness of functionalities. Functional on both PC as well as Mac, what makes it widely preferred is its ease of use. Xero doesn’t compromise on features even on the Mac version. A great thing about it is that there is no binding contract and the user can cancel their subscription at any time.

Pros:

Real-time account monitoring available on mobile
Multiple third-party apps included
Simple layout

Cons:

No way to add a digital signature
Can’t create new business documents

Freshbooks

Founded in Toronto, Canada, in 2003, Freshbooks has successfully become a vital accounting tool for service-based businesses. This Canadian accounting software offers a more customized invoicing feature compared with other accounting SaaS (software as a service).

Fresh book software makes it easy for accounting and in turns makes the financial management and planning process more accessible. It helps the users to subscribe and recur the invoices in a trouble-free way. With the help of fresh books, one can make their online payments as well with the help of credit cards, debit cards and other applications such as Google pay and Paypal as well. Fresh books are simple but are a powerful tool with advanced features that increase the work performance quality. It can be well optimized for your mobile phones, and thus you can have it handy anytime and anywhere. Another feature of this software is the ability to track all your payments and bills which can help you to take a summary of all the current and previous payments that you have made.

Zoho Books

Zoho Books is an excellent choice for businesses with international clients, as it offers international invoicing — something you won’t find with most accounting software. Even if you don’t sell internationally, though, Zoho Books has ample accounting features, solid customer service, and competitive pricing that may make this the right accounting software for your business.

Zoho Books is cloud-based software that will run smoothly on your Mac. Zoho Books is comparable to QuickBooks Online with its invoicing, inventory management, expense tracking, mileage tracking, and tax support. Where Zoho Books falls short is with its lack of a budgeting feature, no payroll, and just over 30 integrations. For many users, though, the ease of use, exceptional customer support, and competitive pricing are more than enough to make this a top pick among small business owners.

Zoho Books has three pricing plans ranging from $20/month to $70/month. Signing up for the yearly plan helps cut down the price even further.