QuickBooks stands out as a leading accounting software, renowned for its user-friendly interface, comprehensive features, and vast third-party integrations. Both QuickBooks Online and QuickBooks Pro cater to the accounting necessities of diverse business scales.
Yet, for those seeking a QuickBooks alternative, there are plenty of other platforms we consider among the best accounting software out there. Whether you’re initiating a new business or contemplating a switch in your accounting software, here are six formidable QuickBooks alternative platforms worth exploring.
The ideal business accounting software should not only manage your financial well-being but also simplify business tax processes and more. The subsequent six QuickBooks alternative platforms come packed with features tailored to satisfy your company’s accounting demands. Importantly, if you’re transitioning from another platform, these QuickBooks alternatives ensure a hassle-free data export experience.
Xero stands out as a user-friendly, cloud-based accounting solution, streamlining the process of bill tracking, payment, and profitability analysis. Our Xero review highlighted its consistent minimalist design, evident across its interface, features, and functionalities.
What sets Xero apart is its avoidance of complex accounting terminologies, ensuring a smooth learning experience for newcomers. The platform boasts a suite of user-friendly features that encompass various facets of financial reporting and business management.
While Xero offers core features comparable to QuickBooks and other accounting software, its unique presentation style makes it a compelling QuickBooks alternative. That’s why we picked it as one of our favorite accounting software platforms in our Xero review.
Positioned as a more budget-friendly QuickBooks alternative, Xero’s pricing spans from $13 to $70 monthly. Prospective users can avail of a 30-day free trial, granting full access to Xero’s features. Post-trial, businesses can select from three pricing tiers, differentiated by the volume of bills, invoices, and quotes. Each tier offers an optional Gusto payroll add-on, starting at a monthly rate of $40. [For a comprehensive understanding of this payroll solution, refer to our Gusto payroll review.]
In comparison, QuickBooks provides four service plans, each introducing enhanced features. These plans, however, come at a steeper price, ranging from $30 to $200 monthly.
For those on the hunt for an economical solution to manage their small business finances, Sage Accounting emerges as a commendable QuickBooks alternative. Our comprehensive review of Sage Accounting highlighted its suitability for freelancers and the self-employed demographic.
Sage encompasses a range of fundamental accounting tasks, from bank reconciliations and balance sheets to inventory management. For those seeking a more holistic offering, Sage 50 stands available, with the added benefit of Microsoft 365 integration at an extra charge. Both the basic and premium versions of Sage can be accessed via cloud-based or desktop platforms, with a Mac version also in the mix.
Recognizing that many of its users might be novices in the accounting realm, Sage ensures a smooth user experience with its easy setup, comprehensive guides, and top-notch U.S.-based customer support.
Sage equips businesses with robust accounting tools, making it a strong contender as a QuickBooks alternative:
At a standard rate of $25 monthly, Sage offers features like cash flow forecasting, inventory tools, and the luxury of unlimited users. Such offerings might come at a premium with other providers, including QuickBooks. While some competitors might present more budget-friendly options, the value Sage delivers, especially with its standard plan’s unlimited transactions, is hard to match.
For Sage 50 enthusiasts, pricing varies between $57.17 to $160 monthly per user. New users can avail of a 10% discount during their inaugural service year, further enhancing Sage’s appeal as a QuickBooks alternative.
Zoho Books emerges as a potent accounting software, offering a plethora of advanced functionalities and robust invoicing capabilities, all at a fraction of QuickBooks’ cost. Despite its budget-friendly pricing, Zoho Books doesn’t skimp on features, rivaling even some of the pricier alternatives in the market.
Our in-depth analysis of Zoho Books revealed an intuitive software experience, equipped with standard accounting tools like invoice customization, project management, and time tracking. Additionally, it prioritizes data security, ensuring your financial information remains safeguarded.
Zoho Books features
Zoho Books’ accounting prowess, from time and project tracking to sales, purchases, and inventory management, is commendable and often outshines its competitors. Its comprehensive bookkeeping tools give you everything you need to complete your daily accounting checklist. Here are some standout features we found in our Zoho Books review.
Zoho Books pricing
Zoho Books positions itself as a versatile QuickBooks alternative, catering to a diverse user base with its tiered plans. Businesses can leverage its advanced features without the intricacies and hefty price tags associated with QuickBooks.
A standout offering from Zoho Books is its free plan tailored for businesses generating annual revenue below $50,000. Beyond this, Zoho Books presents five distinct pricing plans, each varying based on users, customers, vendors, and feature sets. The standard plan is priced at a modest $15 monthly, a stark contrast to QuickBooks’ Simple Start plan at $30 monthly. Zoho’s other plans span from $40 to $240 monthly per organization, with the option to add extra users at a nominal $2.50 monthly fee.
In the realm of accounting software, free solutions are a rarity. Wave Accounting stands out as a complimentary software designed to streamline your business’s financial management. Our comprehensive review of Wave Accounting highlighted its user-friendly interface, encompassing a suite of robust accounting and invoicing tools, making it a compelling QuickBooks alternative for budget-conscious businesses.
Wave Accounting features
Wave Accounting, a cloud-based service, ensures secure, anytime, anywhere access to its suite of features. It boasts foundational bookkeeping capabilities, complemented by a range of customization options:
Wave Accounting pricing
The primary allure of Wave Accounting is its free subscription, encompassing essential accounting features typically associated with paid offerings.
However, for businesses seeking enhanced functionalities, Wave offers additional paid services:
In essence, Wave Accounting emerges as a formidable QuickBooks alternative, especially for businesses keen on optimizing costs without sacrificing core accounting functionalities.
FreshBooks, renowned for its invoicing and bookkeeping prowess, stands out as a commendable QuickBooks alternative. Our in-depth review of FreshBooks emphasized its double-entry accounting feature, positioning it as a suitable choice for businesses of all scales and solo entrepreneurs. With core functionalities like customizable invoicing, project management, and expense tracking, FreshBooks offers a holistic accounting platform.
FreshBooks is tailored for small businesses and freelancers, offering a blend of user-friendliness and a curated feature set:
FreshBooks offers a tiered pricing model, with monthly plans ranging from $17 to $55, contingent on the client count and feature requirements. For larger enterprises, there’s a bespoke plan tailored to their unique needs. Periodic promotional discounts, sometimes up to 50% off the standard rates, further enhance its appeal. Additional offerings include team member integrations at $11 monthly per user and advanced payment solutions at $20 monthly.
While FreshBooks’ pricing aligns closely with QuickBooks, which boasts a broader feature set, its user-centric design and superior customer support make it an attractive QuickBooks alternative, especially for businesses seeking simplicity coupled with essential functionalities.
Oracle NetSuite stands distinctively in the realm of QuickBooks alternatives, catering predominantly to midsize businesses and those on an expansion trajectory. Our comprehensive review of Oracle NetSuite accentuates its superior advanced features, setting it a notch above the rest. Being an integral component of Oracle’s robust enterprise resource planning (ERP) suite, NetSuite amalgamates diverse systems essential for burgeoning businesses into a singular, powerful platform.
Oracle NetSuite features
Oracle NetSuite’s blend of process automation, ERP functionalities, and advanced attributes makes it the go-to choice for businesses poised for growth. As we noted in our Oracle NetSuite review, the software’s advanced features are what sets it apart.
Oracle NetSuite pricing
Oracle NetSuite adopts a unique approach to pricing. Instead of offering tiered plans, it customizes solutions based on individual business needs. The annual fee is contingent on the industry, chosen features, and user count. While Oracle NetSuite’s pricing might be on the steeper side compared to other QuickBooks alternatives, its unrestricted user access and comprehensive functionalities justify the investment for businesses in their growth phase.
Choosing accounting software that suits your business’s needs requires a thorough assessment of your business’s unique requirements and budgetary constraints. Here’s a comprehensive guide to help you make an informed decision. Remember, many leading accounting software options offer trial periods, allowing you to gauge their efficacy before making a commitment.
While QuickBooks is a trusted name in the accounting software landscape, it’s essential to recognize that businesses have varied needs, and a universal solution might not always be the best fit. Numerous QuickBooks alternatives can cater to your specific requirements. By meticulously evaluating your needs and budget, and exploring available options, you can identify software that alleviates the complexities of bookkeeping and accounting, ensuring a seamless financial management experience.