11 Top Free Accounting & Bookkeeping Software Apps for 2022

So while Kashoo isn’t as comprehensive as competitors like QuickBooks, Xero, and FreshBooks, its customer service reputation is a definite point in its favor. In spite of its excellent reports and recurring invoices, though, FreshBooks falls short in a few bookkeeping areas. Most notably, its cheapest plan doesn’t include double-entry bookkeeping or free accountant access. For accountant access, more accurate bookkeeping, and detailed business health reports, you’ll need best practices for writing nonprofit bylaws the $30-a-month Plus plan (non-promotional price).

Create Professional Looking Invoices on the Go

Sandra’s areas of focus include advising real estate agents, brokers, and investors. She supports small businesses in growing to their first six figures and beyond. Alongside her accounting practice, Sandra is a Money and Life Coach for women in business. Download the iOS or Android mobile app, install on your phone or tablet, and sign in using your QuickBooks account details. The ability to accept mobile payments and manage your company’s finances from anywhere enhances your own remote work capability.

All the Powerful Features of the FreshBooks App

The QuickBooks accounts app is often used for small business accounting, creating financial reports, and tracking income. It automates time tracking, expense management, and data collection, and you can customize QuickBooks online for your unique business needs. Still, the Sage Accounting app is fully featured regardless of the plan you choose—especially for invoicing. You can use it to create and send invoices, generate estimates and quotes, and follow up with customers who have overdue invoices. The app also has a solid expense-tracking service that includes thorough transaction records. Along with automatic data updates, Zoho Books builds automated workflows into each plan so you can take even more accounting tasks off your plate.

The specific features you need

Keep your finger on the pulse of your small business wherever you are. With the FreshBooks mobile accounting app, you will easily stay connected with your clients and be able to take care of your accounting anywhere – from coffee shop to mountaintop. Would you prefer to work with an accounting professional instead of using apps and in-house software? Check out our review of the best virtual and outsourced bookkeeping services to find an accounting solution that works for you. FreshBooks also integrates estimates, which you can throw together on the app, pass along for client approval, and transform into an invoice as soon as the project is over. Remember, free accounting solutions are designed to help get you off the ground.

The QuickBooks app also lacks a dashboard where you can see an overview of finances and tasks. The cloud gives you the flexibility to quickly scale and pay only for what you use. If you’re anticipating large sales or a sudden spike in users, your cloud provider can offer more servers and a bigger bandwidth for however long you need the increased capacity. This model lets you customize what you need when you need it. Established businesses like SAP and Oracle have developed comprehensive systems, while startups like SilkRoad and Cornerstone offer niche solutions for functions like talent management. ZipBooks lets you toggle between cash and accrual-basis accounting.

Read through our reviews of the best accounting software options for small businesses like yours. Sage Business Accounting starts at just $10, which is perfect for freelancers and self-employed business owners with no employees. But to get the most out of Sage Business Cloud Accounting, you really need the $25-a-month plan. The cheaper plan limits you to basic reports and one user only. In contrast, the pricier plan includes more thorough reporting, unlimited users, and cash flow forecasting.

1. Xero is our top accounting software pick for small-business owners—its ease of use, low starting price, and thorough features set it apart.
2. Sandra Habiger is a Chartered Professional Accountant with a Bachelor’s Degree in Business Administration from the University of Washington.
3. And unlike most other bookkeeping software, Xero includes basic inventory tracking with every plan, which is another reason we love it for product-based freelancers and small businesses.
4. If you need to shift from one accounting application to another, your existing data will have to shift too.

Access accounting reports on the go

You can access your FreshBooks account from any mobile browser though, regardless of device. FreshBooks stays in sync across the desktop and the mobile accounting app so you can work on whatever device you prefer without missing any important information. The small-business apps we listed above might be our favorites, but they’re definitely not the only fish in the great app sea—and the best app for one business owner might not be the best one for you. Scan why does gaap require accrual basis accounting this list for more accounting solutions that could better handle your needs. QuickBooks’ comprehensive features make it a great choice for most types of businesses. For instance, the estimate and quote feature makes it perfect for busy plumbing and HVAC contractors.

Manager is a free accounting software with comprehensive features that meets the needs of many small businesses. You can get an overview of your business financial status at any point in time, record transactions, create quotations, issue invoices and track payments, generate reports and much more. Yes, most of the same features are available in the app, making FreshBooks the best accounting app. You can run subsidiary company your business from your tablet or phone, log expenses, track time, and send invoices.