Learn how we stay transparent & check out our software review methodology. We’ve been testing and reviewing finance and accounting software since 2023. As CFOs ourselves, we know how critical and difficult it is to make the right decision when selecting software. Whether you’re an independent contractor or work with a team, it is easy to look like the professional you with FreshBooks.

Intuit QuickBooks

And ideally, your accountant will have experience in your specific industry, too. Intuitive, customizable invoicing capabilities compete with those of more robust accounting solutions. Accounting software developers have responded in best small business accounting software 2020 kind, especially within fields that require on-site analysis, such as construction and field service. This also makes accepting credit card payments in the field easier than ever.

• She is passionate about helping them navigate some of life’s most difficult issues—divorce, death, career changes, caring for aging relatives—so they can feel confident and in control of their finances.
• Wave provides a free, intuitive accounting solution for startups with straightforward needs.
• NetSuite’s accounting software is a good choice for businesses that need help with financial compliance and those that want to automate as many accounting tasks as possible.
• Our favorite features during our test of FreshBooks accounting software included its invoicing and project management tools, and the Gusto payroll integration.

Features Open row

Its cloud-based architecture cuts costs for on-site hardware and expertise. This example of an accounting software dashboard comes from our test of QuickBooks Online, one of our best picks. Customer support is another weak spot, as Xero only offers email assistance with no option for live chat or phone support.

Compare NerdWallet’s top accounting software picks by features

Many companies will try to make do with a lower-cost solution at the expense of functionality. Options such as Sage 50c, Zoho Books, and Quickbooks Online are great low-priced options for new businesses, but they’ll lack ways to customize the software towards your business. Even micro businesses with two to five employees will find the software useful for improving cash flow, invoicing, and time and expense tracking. QuickBooks Online includes extensive integrations and invoicing capabilities. Widely recognized as the most popular financial software, QuickBooks allows companies to invoice Grocery Store Accounting an unlimited number of clients, even at basic subscription levels.

Today, many small business owners are turning to accounting software to help them organize their information, create reports, complete CARES Act accounting tasks, and maintain records. But with so many options for these services, how do you choose the right one for your business’s specific needs? In this guide, we’ll go over the best accounting software in 2025, including benefits, prices, applications, and more. FreeAgent, a UK-based company, has been offering accounting solutions to small businesses since 2007. It was founded by a team of freelance designers and developers seeking to address their own bookkeeping challenges.