The 9 Best Small Business Accounting Software For 2023

Users must get the Pro ($30/month) or Premier plan ($40/month) to invoice clients, receive online payments, keep track of their expenses, or have other project accounting capabilities. Invoice2Go by Bill.com is an invoice generator-turned-software that helps freelancers and small business owners manage their expenses and invoices thanks to multiple payment options. It has basic project bookkeeping for independent contractors tracking and reporting and integrates with Gusto for payroll. One peculiar feature is that Invoice2Go has built-in customer/client reviews, so you get client feedback straight from your invoice. A free Starter plan includes unlimited invoicing, vendors & customers. The Smarter plan ($15/month) adds 5 team members, automates reminders, connects multiple bank accounts, and tracks time.

OneUp is another accounting software application that is less well-known than its competitors. A good fit for self-employed business owners and sole proprietors, OneUp offers lead management and a solid inventory management module, https://www.bookstime.com/ making it a particularly good choice if you’re selling products. With a TrulySmall accounting plan, you can send invoices, track income, generate reports, track sales and sales tax, accept payments and track expenses.

KashFlow – a UK-minded accounting tool

FreshBooks is best for small businesses that are looking for simplicity, strong invoicing, proposals, and good customer support. If you are running a small business, you know that even small accounting problems can lead to major headaches. With FreshBooks’ convenient customer support, help is only a phone call away.

We’re never paid for placement in our articles from any app or for links to any site—we value the trust readers put in us to offer authentic evaluations of the categories and apps we review. For more details on our process, read the full rundown of how we select apps to feature on the Zapier blog. Although customer service reviews are mostly positive, some FreshBooks users report that they’ve been double charged, and customer support is not always responsive to these issues. Third-party customer reviews are mostly positive for Xero, but some customers note that the pricing has consistently increased for the accounting services. You can also add on payroll through Gusto starting at $40 per month. Speaking of cheaper Freshbooks alternatives, QuickBooks might fit the bill for those who still want to rely on accounting and bookkeeping features—though not that affordable.

Wave Accounting — invoicing and payroll software

The Growth plan (€46/month) is similar to Pro but maximizes e-invoices and postal invoices to 30 monthly. Another common dissatisfaction among Zoho Invoice users is the inability to group multiple invoices and submit them once if you need to invoice clients in batches. Invoice generators are your go-to for a one-off project or a miscellaneous invoice you must send quickly. An invoice generator uses in-line editing to enter your info—and logo—into custom fields. This simple solution generates a customized invoice, which you can download as a PDF or send via email.