Best small business accounting software of 2025

With the paid Plus plan, your credit card and ACH payment processing fees are lower, and you get access to cash flow insights and expense categorization. The lowest-priced plan starts at $10 per month with add-ons for additional collaborators, branches, autoscans, and even snail mail. When it comes to bookkeeping, Sunrise stands out as the top choice. Specifically designed to simplify bookkeeping for small businesses, its user-friendly, self-service plan is perfect for budget-conscious business owners looking to take control of their financial management. ZipBooks is another feature-rich accounting and bookkeeping solution. It offers a free plan called ZipBooks Starter that includes features such as basic bookkeeping and balance sheet reporting.

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Intuit QuickBooks Online is arguably the most recognized and widely used accounting software for small businesses. Its cloud-based nature allows for accessibility from anywhere, at any time, making it a flexible solution for modern businesses. Managing finances is a free accounting software for small business cornerstone of any successful small business. In today’s fast-paced business environment, leveraging technology to handle your accounting needs is not just a convenience—it’s a necessity.

ZipBooks Pros/Cons

Cost-free accounting software aids small businesses in monitoring their income sources and expenses. The resources provided by Akaunting can help you track expenses, manage cash flows, categorize transactions, and deal with invoices. The free solution has numerous features, such as a Magic Bot, an automated data entry tool. It can also extract information from receipts by converting it into digital data.

Tally has a user interface inclusive of menus and buttons that are easy to understand even by a layman. It assists small businesses handle major areas like accounts receivables/payables, bank reconciliation, inventory, taxes, and more. For example, Zoho Books offers outstanding integrations to improve functionality. Integrations include modules for sales and purchase orders, inventory management, and expense tracking. Zoho Books is another outstanding free accounting software option for small businesses.

System Compatibility and Accessibility

• With Wave, freelancers can easily manage invoicing, expense tracking, and financial report generation.
• Open Accounting is a simplistic open-source accounting platform where you can add and review recent transactions, see top spending categories, and generate accounting reports.
• This insights and his love for researching SaaS products enables him to provide in-depth, fact-based software reviews to enable software buyers make better decisions.
• However, before you dive headfirst into one of the freebies, consider a few of the drawbacks of using free accounting software.

You’re able to access and use the system from your desktop or its free iOS and Android apps, and because it’s a cloud-based system there’s no need to worry about backups. Add your HSN or SAC code for the products you sell or services you provide to ensure GST compliance. When you create a invoices or purchases, CGST, IGST, or SGST rates are automatically calculated, saving you time and eliminating manual calculations. Speaking to a professional can ensure you use your chosen software effectively and set your business up for financial success. Any of the above packages may prove a useful tool for your business, and reduce the amount of work you need to give to an external accountant.

About Wave

It’s also useful if you’re dealing with a global customer base as there’s multi currency support. So, alongside all of the usual accounting tools you’ll get the ability to handle more complex issues. Accounting software helps business owners understand how money flows in and out of their businesses.

From invoicing to expense tracking to accounting, Akaunting has all the tools you need to manage your money online, for free. Akaunting is a free, open-source, and online accounting software for small businesses and freelancers. GnuCash is a free, open-source software for personal use and small businesses. This software runs entirely on donations and is developed and maintained by volunteers, so no paid version is available.

Do you provide customer support?

If you have other companies, Brightbook allows you to access them under one login. Free support is only available through the community forums, and dedicated support requires an expensive subscription plan. The support ticket system is only for users who purchased an app from their App Store. While Akaunting is one of the more customizable accounting options available, you may need to invest in some pricey apps available through Akaunting’s app store to get the most out of the program.

• There are several free accounting software options that provide mobile app versions.
• It offers a free plan called ZipBooks Starter that includes features such as basic bookkeeping and balance sheet reporting.
• The drawbacks to this software are that its integrations are limited, and if you need any advanced features, you will have to move up to the paid plan.
• The time-tracking feature provides details about the time you have spent on any project.

FreshBooks is a cloud-based paid accounting software that helps you create and send unlimited invoices, manage clients and projects, and accept payments online. As per our findings, Wave Accounting is the easiest free business accounting software that offers a clean and intuitive interface. The main screen gives a clear picture of every task, including cash flow graphs, overdue and invoiced bills, bank accounts, profit and loss reports, and more. GnuCash is a solid open-source accounting software that allows small business owners to record their income and expenses and run basic reports. It offers well-off double-entry accounting resources, a checkbook-style register, and a customizable reporting feature. Choosing the right accounting software is a pivotal decision for any small business.

Fiverr Workspace integrates with various third-party services, including Shopify, Google Calendar, PayPal, etc. Zoho Books assists businesses in streamlining and managing all financial transactions from a single location. But a quick Google search for free accounting software will turn up several results, so much so that you might be overwhelmed and confused about what to choose. Let us help your business find the best tools and solutions to thrive and grow. The reports are well-laid and give clarity on the transactions – what’s going in and what’s going out.

No-fee bookkeeping apps offer basic invoicing, expense tracking, and bank reconciliation features. This guide explores the 10 best free accounting tools for small businesses and three vendors offering 30-day free trials. Additionally, evaluate reporting capabilities, ease of use, compatibility with mobile devices, and the availability of customer support. Central to its universal appeal is a simplistic dashboard design that lets multiple users makes use of its many and varied features and functions. The accountancy package is additional appealing thanks to several extra features that include expense and project tracking.

Users can pick from a range of templates and customize the invoice using branding features. We also loved that it automates the statement import from the connected banks. Businesses can pay using credit cards, debit cards, net banking (India), American Express, and even PayPal. NCH Express Accounts is a free invoicing software for small businesses in the list that’s the perfect alternative to GnuCash. The free version of NCH Express is a viable choice for businesses with five or fewer employees.