The best accounting software for SMB makes it simple and easy to keep accurate financial records for expenses, profit and purposes. Accounting software is a non-negotiable if you’re trying to run your own small business business, and the sooner you deploy one of the best accounting software products the better.

 

While there are standalone platforms for Billing and  invoicing Software and tax software for small businesses, generally your accounting platforms will be more comprehensive.


This 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 on your own machines rather than on third-party clouds.

1. Freshbooks

Best all round accounting software for small businesses

FreshBooks is a popular cloud-based accounting service designed specifically for small business owners.

The package has plenty of features – invoicing, expense tracking, time tracking, a host of business reports, even an option to take credit card payments – and a straightforward interface aimed at non-accountants ensures you’ll be up-and-running right away.

 

2. QuickBooks

Best accounting software for all small business needs

QuickBooks is an instantly recognizable name in the world of accountancy and bookkeeping. It’s owned by Intuit, which also has other options for small business and large ones too, with a diverse portfolio that includes Turbotax, Mint and Proconnect. QuickBooks also comes in numerous different varieties, from desktop editions through to the hugely popular Online edition.
 

3. Zoho Books

Best accounting software with an automated edge

Zoho Books is just one small part of a much greater business concern based in India that offers all manner of solutions for anyone and everyone. With its clean and simple cloud-based interface Zoho Books makes a great cost-effective option if you’re a freelancer, sole trader or someone running a small business.
 

4. ZipBooks

The best free accounting software around…

ZipBooks offers accounting software that has a contemporary interface along with a robust feature set. It promises to make accounting easy so the user can save time, and get on with other tasks.