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Updated On 13 June, 2023

01
Editor's Choice
This is an all-in-one accounting software that provides mobile and desktop options.
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9
Star Ratings
excellent
Overall Score
  • Has all the basics needed for a small business
  • Worry-free business management
  • Users love the dashboard and key metrics provided
02
Editor's Choice
The Aplos CRM makes it easy to track donors and note all activities and communications.
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poor
Overall Score
  • Church finances made easy
  • Real-time data updates
  • Easy to use
03
Ability to automatically track vendor pricing and identify discrepancies.
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9.6
Star Ratings
excellent
Overall Score
  • Streamlines restaurant operations
  • Accessible from anywhere.
  • Offers a user-friendly interface
04
Create and send professional invoices quickly and easily.
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9.0
Star Ratings
excellent
Overall Score
  • User-friendly interface
  • Multiple currency support
  • Data security and backup features
05
Allows multiple users to access and work on the same financial data simultaneously.
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8.8
Star Ratings
good
Overall Score
  • User-Friendly Interface
  • Cloud-Based Software
  • Real-Time Reporting
06
Known for its exceptional customer support and educational resources.
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8.8
Star Ratings
good
Overall Score
  • User-friendly interface
  • Affordable pricing plans
  • Bank-grade security features
07
Wave offers unlimited invoicing, accounting, and automatic bank feeds.
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8.6
Star Ratings
good
Overall Score
  • Generates financial reports
  • Supports multiple currencies
  • Integrates with other software and services
08
Neat Accounting Software has automated data entry capabilities.
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8.2
Star Ratings
good
Overall Score
  • User-friendly experience
  • Robust support options
  • Encourages document storage
09
Offers a range of features to help businesses streamline their financial transactions.
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8
Star Ratings
good
Overall Score
  • Easy to use
  • Wide integration library
  • Multi-currency support
10
A cloud-based accounting software that helps businesses manage their finances.
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8
Star Ratings
good
Overall Score
  • Excellent Customer Support
  • Integration with other apps
  • User-friendly interface
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detailed reviews

01
FreeAgent
Star Ratings
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FreeAgent is an online accounting software that is utilized by small businesses and freelancers. Used by over 150,000 businesses, FreeAgent can create invoices, file tax returns, monitor your overall cash flow, and handle expense tracking. It strives to be your personal admin to keep your business...

Pros

  • Has all the basics needed for a small business
  • Intuitive user interface; great mobile and web experience
  • Users love the dashboard and key metrics provided
  • Worry-free business management

Cons

  • Limited pricing tiers
  • Medium and large business may not benefit
  • Cannot close unpaid invoices directly

 

Editor's take

Overall, this is a dependable solution for small business owners who are ready to grow.

02
Aplos
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Non-profit and faith-based organizations do incredible things for their communities. And to continue to do so, they must keep a close eye on their finances.  Aplos is an accounting software that is especially designed for non-profit and faith-based organizations of all sizes. It operates on a...

Pros

  • Church finances made easy
  • Real-time data updates
  • Easy to use
  • Streamlined dashboard
  • Great customer service
  • Affordable

Cons

  • Transaction errors are aplenty
  • Additional payment for more users
  • Mobile app functionality is limited
  • Lack of integrations with international banks for online donations
03
MarginEdge
Star Ratings
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Marginedge is a software company that provides a cloud-based platform for the restaurant industry. The platform offers a range of tools and services that help restaurants improve their profitability and efficiency, including inventory management, recipe costing, menu engineering, and labor...

Pros

  • Streamlines restaurant operations
  • Provides real-time insights into performance
  • Automates inventory management and recipe costing
  • Offers menu analysis and sales reporting
  • Integrates with existing POS and accounting systems
  • Helps reduce costs and increase revenue
  • Customizable to meet specific restaurant needs
  • Accessible from anywhere.
  • Provides data-driven recommendations 
  • Offers a user-friendly interface

Cons

  • Can be expensive for small restaurants
  • Requires time and resources to set up and learn
  • Needs precise data input
  • Additional hardware/software required
  • Not ideal for low-profit margins
  • Requires stable internet connection
  • Limited variable accounting
  • Needs extra training for full use
  • Limited personalized support.
Editor's take

They provide ongoing training and support to help users get the most out of the software and address any issues that may arise.

04
FreshBooks
Star Ratings
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FreshBooks is a cloud-based accounting software designed specifically for small business owners, entrepreneurs, and freelancers who need a simple and user-friendly way to manage their finances. With FreshBooks, you can easily create and send invoices, track expenses, manage projects, and get paid...

Pros

  • User-friendly interface
  • Easy invoicing and payment processing
  • Time tracking and project management tools
  • Automated late payment reminders and fees
  • Comprehensive reporting and analytics
  • Integration with popular payment gateways
  • Mobile app for on-the-go access
  • Customer support via phone or email
  • Multiple currency support
  • Data security and backup features

Cons

  • Limited customization options for invoices
  • No inventory management features
  • Limited integrations with third-party software
  • No multi-currency invoicing
  • Limited invoice numbering customization
  • No option to send bulk invoices
  • No option to generate recurring expenses
  • No automated tax calculation
  • Limited time tracking options
  • No offline mode available for the desktop app
Editor's take

FreshBooks is a user-friendly interface and powerful invoicing capabilities, which allow businesses to get paid faster and improve their cash flow.

05
Xero
Star Ratings
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Xero allows multiple users to access and work on the same financial data simultaneously, making it easy for teams to collaborate and stay up-to-date on important financial information. In today’s business world, staying on top of your finances is critical for success, and a robust accounting...

Pros

  • User-Friendly Interface
  • Cloud-Based Software
  • Integration With Third-Party Apps
  • Automated Features
  • Real-Time Reporting
  • Multiple Payment Options
  • Affordable Pricing

Cons

  • Limited Customization
  • Steep Learning Curve
  • No Offline Functionality
  • Limited Inventory Management
  • Lacks Features For Larger Businesses
  • Insufficient Customer Support
Editor's take

Xero makes it easy for teams to collaborate and stay up-to-date on important financial information.

06
Kashoo
Star Ratings
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Are you tired of managing your business finances using outdated, time-consuming methods? You’re not alone. According to a survey conducted by TD Bank, 41% of small business owners still use pen and paper to manage their finances, while 37% use spreadsheets. These methods can be error-prone and...

Pros

  • User-friendly interface
  • Affordable pricing plans 
  • Mobile app allows on-the-go financial management
  • Bank-grade security features 
  • Automated transaction categorization
  • International currency support
  • Popular app integrations

Cons

  • No payroll functionality
  • Limited customer support options
  • Limited customization options 
  • No option for automatic recurring invoices
Editor's take

Kashoo is user-friendly cloud accounting software designed specifically for small businesses and freelancers. Additionally, Kashoo offers a mobile app for on-the-go accounting.

07
Wave
Star Ratings
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Wave is a cloud-based accounting software designed specifically for small businesses and freelancers. The platform allows users to manage their finances, create and send invoices, track expenses, and generate reports, all from a single dashboard. One of the unique features of Wave is its...

Pros

  • Free to use
  • Cloud-based, accessible from anywhere
  • User-friendly interface
  • Offers invoicing and expense tracking features
  • Generates financial reports
  • Bank reconciliation and payment processing
  • Integrates with other software and services
  • Multiple users to access and manage accounts
  • Supports multiple currencies
  • Customer support through email and live chat

Cons

  • Has fewer features
  • Provides limited support 
  • Limited customization option.
  • Does not include time-tracking.
  • Limited integration with third-party apps
  • Not ideal for larger businesses.
  • Limited options for categorizing transactions
  • Doesn’t offer multi-currency invoicing.
  • Doesn’t allow creating purchase orders.
Editor's take

Wave App is a free accounting and invoicing software, , and customizable reports, making it an affordable and comprehensive solution for small businesses.

08
Neat
Star Ratings
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Neat is a cloud-based accounting software designed to simplify bookkeeping for small businesses and self-employed individuals. With Neat, users can easily manage their expenses, invoices, and receipts in one centralized location, making it easier to stay organized and track their finances. Neat...

Pros

  • User-friendly experience
  • Robust support options
  • Encourages document storage
  • Customizable reporting
  • Multiple transaction upload options

Cons

  • Expensive pricing
  • Limited to accounts receivable
  • Only supports two currencies
  • Occasionally uses accounting jargon
  • Time-consuming document upload process
Editor's take

Utilizing AI and machine learning to extract data from receipts, invoices, and other financial documents, eliminating the need for manual data entry. 

09
QuickBooks
Star Ratings
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Quickbooks Review  QuickBooks is a popular accounting software developed and marketed by Intuit. It is designed to help small and medium-sized businesses efficiently manage their financial operations. With its user-friendly interface and powerful features, QuickBooks has become a go-to solution for...

Pros

  • Streamlines financial processes
  • Automates accounting tasks
  • Provides real-time financial insights
  • Generates accurate and customizable reports
  • Integrates with third-party applications
  • Facilitates collaboration between users
  • Offers cloud-based and offline access options
  • Ensures data security and regular backups

Cons

  • Steep learning curve for new users
  • Limited customization options for certain features
  • Requires ongoing subscription fees
  • May have occasional software glitches or bugs
  • Advanced functionalities may be complex for non-accounting professionals
Editor's take

Streamline your financial transactions including invoicing, expense tracking, payroll, and tax preparation.

10
Zoho Books
Star Ratings
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Zoho Books is a powerful accounting software designed for small and medium-sized businesses that need an easy-to-use and efficient way to manage their finances. With its intuitive interface and comprehensive features, Zoho Books allows business owners to keep track of their financial activities,...

Pros

  • Comprehensive Features
  • Customization
  • Integration with other Apps
  • Excellent Customer Support

Cons

  • Limited Advanced Features
  • Limited Integrations With Other Software
  • Lack of Localization
  • Internet Connection Required

 

Editor's take

Zoho Books is your one-stop platform for managing your accounting tasks and organizing your transactions.

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