10+ Best Accounting Softwares 2021

Accounting has been the most vital fundamental aspect of every business operation. Its importance is undoubtedly essential, not only for business but also for the overall economic system. Considering how impactful accounting is, every business owner should take into account managing it effectively and efficiently. Luckily, the vast availability of accounting software nowadays is within reach.  As its name suggests, accounting software is a type of application platform that's programmed for accounting use. This type of platform automates every aspect of accounting processes and transactions, from account payable, receivable, down to payroll, and general ledger. An accounting software platform can be accessed whether on-premise or through the internet, anytime, anywhere, on various devices.  Benefits
  1. Accounting software simplifies accounting management, compared to manual accounting. 
  2. It reduces manual accounting management errors. 
  3. It provides in-depth accounting reports. 
Now that you've already had the gist of what accounting software can do to you and your business, it is the right time to find the best software for you to use. And for you to make that happen, you can freely browse on our gathered list below. We also keep everything easy for you, for we provided some of the app's advantages and disadvantages that you can use as a basis.

Comparision

Logo Name Sort Rating Sort CEO Pricing Sort Founded Sort Revenue Sort Employees Sort Location Sort Reviews Sort Customers Sort
Zoho Books Zoho Books 9.5 Sridhar Vembu $9 1996 $600 M
9,100+
Chennai 1230+ Reviews
13M +
NetSuite NetSuite 9.2 Zach Nelson $99 1998 $800 M
603+
San Mateo 1590+ Reviews
21K +
FreshBooks FreshBooks 9.1 Mike McDerment $6 2003 $65 M
380+
Toronto 1500+ Reviews
24M +
Quickbooks Quickbooks 9 Sasan Goodarzi $5.22 1983 $16.7 M
9,400+
California 2300+ Reviews
2M +
Sage Intacct Sage Intacct 9 Robert Reid N/A 1999 $95 M
500+
California 1200+ Reviews
11K +
Wave Wave 8.9 Kirk Simpson N/A 2009 $40.5 M
205+
Toronto 1258+ Reviews
3.5M +
Tipalti Tipalti 8.9 Chen Amit $299 2010 $10 M
305+
San Mateo 1600+ Reviews
900 +
BlackLine BlackLine 8.8 Therese Tucker $6 2001 $289 M
1,055+
California 1450+ Reviews
2.2K +
Xero Xero 8.7 Steve Vamos $20 2006 $35 M
3,000+
Wellington
2000+ Reviews
1.4M +
Kashoo Kashoo 8.5 Jim Secord N/A 2009 $1 M
105+
Toronto 1900+ Reviews
150K +

Zoho Books

9.5 User Rating
$9 Price
Accounting, Contact Management, Mobile Apps, Invoices Feature
Overview

Zoho Books is a cloud-based accounting software platform designed for businesses of various scales. Regarded as one of the most popular software, Zoho Books prides itself as the sole provider of simple and effective accounting management solutions. This app doesn’t just stick to accounting solutions; it also highlights high-end solutions such as contact management, budget management, inventory management, and project time tracking.

When it comes to accounting software, there’s no question that Zoho Books is the most popular. However, this app also has downsides, such as lacking payroll integrations and improvable in-depth functions. You might also check out how this app could highly work for your end before choosing it.

NetSuite

9.2 User Rating
$99 Price
General Ledger, Tax management, Cash management Feature
Overview

With the popularity of the Netsuite software in today’s market, this platform needs not much intro. To put things straight, Netsuite is a solid provider of an all-in-one ERP solution that includes accounting management for businesses.  This app highlights its high-end features, such as financial management, revenue management, fixed assets, order management, billing, and inventory management, that are perfect for businesses of various sizes.

Summing up everything, Netsuite could be the best accounting software pick for you, knowing that it can provide an all-in-one solution for your business. However, it would help if you should consider that this application has its downsides, like its complexity for first-time users and its pricing.

FreshBooks

9.1 User Rating
$6 Price
Customized invoices, Customizing due dates, Client Credit feature
Overview

Freshbooks is a cloud-based software that provides finance and accounting solutions. This platform is programmed to streamline business accounting specifications like client invoicing. This software also ensures a comprehensive tracking process through its easy-to-use and fully enabled collaboration features that are accessible through a desktop or mobile device.

Apart from its robustness in delivering accounting automation, we cannot deny that Freshbooks also has its downsides. The application’s pricing plus its bugs and glitches might slow down your process and hinder you from picking the app. With this, take time to study and see for yourself how this app could work for you.

Quickbooks

9 User Rating
$5.22 Price
Cloud Accounting, Cash Flow Management, Time Tracking Feature
Overview

QuickBooks is one of the cloud-based accounting software that entrepreneurs and freelancers can avail in the market today. This software provides all the accounting management capabilities, from project invoices, down to project budgeting. What gives QuickBooks its competitive edge is its centralized dashboards and reporting. This allows every user to gain impactful accounting insights for an efficient decision-making process.

From startups down to large enterprises, there’s no way that QuickBooks cannot deliver its high-quality accounting solutions. Before you lock yourself in choosing this platform, make sure that you consider some of its disadvantages, such as its lacking customer support and its improvable user interface.

Sage Intacct

9 User Rating
Accounts Payable, Workflow management, Collaboration tools Feature
Overview

Sage Intacct is a cloud-based accounting platform programmed to bring comprehensive accounting management for businesses around the globe. This software is renowned as a provider of extensive financial and accounting solutions through its automated cash management, revenue recognition, and vendor management capacity. On top of that, this application also provides real-time reporting and documentation capabilities for high-time operational visibility.

Despite Sage Intacct’s capacity to revamp your accounting management, there are still issues in terms of the app’s accessibility and features that might hamper your user experience that you need to consider. To cite a few of them, the application’s pricing and performance issues to its financial report capabilities might slow your process. With this said, you should also take time to scrutinize more on the app’s capabilities.

Wave

8.9 User Rating
Billing and Invoicing, Investment tracking, Accounting Software Feature
Overview

Wave is a fully integrated free accounting software that provides cloud-based accounting management. This app primarily offers essential accounting solutions such as general accounting, invoicing, and receipts. With Wave’s integrated suite of products, users can seamlessly manage business finances on time, thanks to the application’s superb accessibility in various devices, including mobile platforms.

Of course, along with Wave’s advantages, several disadvantages also comes. Some of the issues linked to Wave are its poor customer support and its missing inventory tracking features. So, take some time to consider these downsides for you to weigh in your decision picking Wave or not.

Tipalti

8.9 User Rating
$299 Price
Payment fraud detection, Supplier management, Payment risk management Feature
Overview
Programmed as an end-to-end accounting platform, Tipalti emerges to provide high-end automated accounting for businesses of various sizes. Tipalti not only provides a variety of efficient accounting automation solutions, but also includes management modules like project management, program management integration, network performance tracking integration, supplier management, and more. With these high-end features, the software bagged the Finances Online’s 2019 Expert’s Choice Award.
Apart from Tipalti’s top-notch capabilities and recognition in delivering high-quality accounting solutions, we cannot deny that this software has its disadvantages. To cite a few of its downsides, Tipalti has multiple issues with glitches, and it lacks 1099 automation and integration with QBO.

BlackLine

8.8 User Rating
$6 Price
Task Management, Automated workflows, Transaction Matching Feature
Overview

BlackLine is a cloud-based accounting and financial management platform. This software provides highly automated tools programmed to streamline and standardize accounting and financial management. BlackLine’s benefits effectively work, thanks to its top-notch features like account reconciliations, transaction matching, bank reconciliations, credit card matching, task management, and more.

Nevertheless, BlackLine also has its concerning issues that you need to know as a customer. The application needs to improve its user interface, there are issues with glitches and errors, and the software needs to enhance its capability to deliver large attachments.

Xero

8.7 User Rating
$20 Price
Accounts Receivable, Expense Tracking, Project Accounting Feature
Overview

Xero is one of the leading financial and accounting-based software today. This software provides top-notch accounting and financial features that are vital for every business function, such as automated bank feeds, invoice creation and tracking, financial overview board, interactive credit control, and so much more. What makes Xero more amazing is that it provides unlimited user logins to its users. Plus it provides a vast library of application integrations.

To sum up everything, Xero is an excellent platform for you to establish your business’s accounting and financial management. However, just like any software that is available in the market, Xero also has disadvantages. Sometimes, utilizing Xero might slow down your overall process due to its issues with bugs and glitches. Aside from that, there are also feature that lacks, such as its ability to add late charges for invoices.

Kashoo

8.5 User Rating
Expense management, Bank-level security, Custom support Feature
Overview

Kashoo is a cloud-based accounting software platform that is widely available today. This software provides an easy-to-use and flexible accounting capability, making it popular among freelancers, startups, and independent entrepreneurs. Kashoo highlights its key features to its users, such as invoicing management, expense management, robust dashboard, actionable reports, tax preparation, and bank-level security that are fast and easy to use.

However, despite its user-friendly interface, Kashoo also has issues with its quality as a software. Downsides such as only providing limited edit access for outgoing invoice emails, and its lacking search engine capabilities might obstruct your overall user experience.