The best small business accounting software makes it simple and easy to manage your business finances and have a clear record of profits and loss.
While there are standalone options for invoicing software and tax software for small businesses, you’ll generally find that dedicated accounting platforms will be more comprehensive.
Additionally, while there are some very good paid-for accounting programs around, there are also some great free accounting software solutions out there. While some of these are simply free tiers for paid software, others are freeware programs you can download and use without charge to help with budgeting. There are also time management apps that can integrate for use by consultants or freelancers who have a need to charge by the hour.
These no cost options can be very helpful for start-ups who want to keep their accounts organized without committing to a solution, while also reducing initial costs. Other businesses might simply prefer them because they often allow for a greater control of your data, by running locally on your own machines- rather than on third-party clouds.
The best accounting solution will also integrate with any ecommerce software you’re running, regardless of the theme installed.
Below we list the