The 8 Best Bookkeeping Apps for Small Business Owners

Some features, however, are unavailable in the mobile app, including reporting. Our favorite small-business accounting app for both iOS and Android users is QuickBooks Online. It’s exactly as user-friendly as the cloud-based QuickBooks software and offers the same bookkeeping and accounting as the browser interface. Sage Accounting—formerly Sage One—is a thorough accounting application with a wide array of mobile capabilities. Whether you’re using the cloud-based software or the app, Sage’s interface is extremely user friendly with colorful, easy-to-read dashboard reports.

Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay. At the end of the day, your business is your business — and you have specific needs and priorities that will dictate what you want out of an accounting solution. That said, it‘s not much of a long-term solution for businesses anticipating a lot of growth. It’s better suited for sole proprietors who need a program to get them through their day-to-day life.

However, free accounting software usually has limitations when compared to paid versions. Our partners cannot pay us to guarantee favorable reviews of their products or services. Finagraph is a powerful analytical tool that makes it easy to analyze the financial health of your company and then form a plan of action for how to improve it. Finagraph keeps a history of your “finagraphs” so that you can get comparative info and make sure you’re always improving. Since travel comes along naturally with expense reports, it makes sense that Expensify has an amazing travel concierge and trip planner as well.

Because there are no time or usage limits, you can enter as much data as you like and use all the features for free, for as long as you like. But apart from those issues, Zoho Books is a pretty sound application. If its suite of features covers your needs and your business meets its revenue requirements, consider looking into Zoho Books’ free plan.

at QuickBooks

Snap a picture of the receipt and FreshBooks will automatically capture the merchant, totals, and taxes for you. Keep reading to learn more about QuickBooks Online, Xero, and five additional bookkeeping solutions tailor-made for small-business owners like you. Patriot Software Accounting is best if you manage a small business that isn’t likely to grow exponentially. (It’s not scalable.) We appreciate its integration with Patriot Software Payroll and approachable design, though you should seek alternatives if you need beyond-basic tools.

Compare top accounting apps: Honorable mentions

You can do a lot with these transactions once they appear in a register. First, you should assign them a category, such as office expenses, travel, and utilities. That way, you know where your money is coming from and where it’s going. Every accounting solution tries what is a lookback period form 941 and form 944 to automatically categorize at least some transactions. Diligent categorization gives you more accurate reports and income tax returns.

Create Professional Looking Invoices on the Go

FreshBooks has easy-to-use accounting solutions for your small business needs. Zoho Books is the small business accounting element of Zoho’s business software ecosystem. You can integrate your accounting data with numerous related apps and functions, like CRM, customer service, and email. Its depth, flexibility, and usability in standard bookkeeping areas (inventory management, sales and purchases, and time and project tracking) equals and sometimes surpasses that of competitors.

1. The QuickBooks accounts app is often used for small business accounting, creating financial reports, and tracking income.
2. Still, users worldwide rave about Zoho’s accounting app, which is super user-friendly and isn’t plagued with bugs or crashes.
3. Some reported drawbacks to the Sage accounting app include unreliable bank feed links, poor telephone user assistance, and difficulties editing entries, whether or not they’ve been reconciled.
4. Early setup involves creating an account and answering questions about your business type and fiscal year.
5. Remember, free accounting solutions are designed to help get you off the ground.

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It’s also ideal for businesses that can take advantage of the lion’s share of its well-integrated features and need powerful reporting tools. Xero also lets you track fixed assets, which is unusual for the category. As your business expands, it‘s almost bound to scale out of your free accounting software’s limited capabilities.