8 Best Small Business Accounting Software Options for 2022

Photo of author
Written By admin

Lorem ipsum dolor sit amet consectetur pulvinar ligula augue quis venenatis. 

Starting your own small business has a lot of advantages. You get to set your own schedule, control your income, and spend more time with the people you love.

But as much as you might like starting your own business, it’s also likely that you don’t want to handle the accounting yourself. If so, here’s an article on 8 best small business accounting software options that are going to be great for 2022 and beyond!

#1. Xero

Xero is one of the most well-known and best small business accounting software options. It’s inexpensive, easy to use, and integrates with Google Drive so you can store your documents in the cloud.

Xero also offers a free 30 day trial to make sure you like it before purchasing it.

#2. Wave: Wave is one of the best small business accounting software options because they offer a lot of features that other solutions don’t provide such as Point Of Sale (POS) features, inventory management, and credit card processing.

#3. Mint: Mint has been around since 2007 but their technology has changed to meet customer needs. Now they have some of the best small business accounting software on the market. It’s worth taking a look at if you’re looking for new technology.

#2. QuickBooks Online

QuickBooks Online is a popular choice among small businesses, and it’s the best way to get up and running quickly. It’s easy-to-use, offers many features and is affordable. Plus, you’ll have access to unlimited training so you can grow with QuickBooks.

If you’re looking for a more robust option that includes invoicing tools and time tracking software, then QuickBooks Pro is the one for you. This package includes everything from inventory management to payroll services.

The downside of this product is that it requires a monthly subscription fee of $10 per month or $120 per year.

#3. Sage 50: The user interface for Sage 50 is not as modern as other accounting products, but Sage does offer some very valuable features like point-of-sale (POS) capabilities, which are often overlooked by less expensive competitors.

Sage also has excellent customer service and strong financial reporting options. But their pricing might make it hard to justify if your company doesn’t need any POS functionality.

#4. QuickBooks Enterprise: One of the best business accounting software suites on the market, QuikBooks Enterprise allows companies to run every aspect of their operations through a single application – from billing to banking transactions, marketing campaigns and customer management!

One great feature about Quickbooks enterprise is that all transactions sync in real-time with mobile devices so employees always know what’s going on at all times.

#3. Wave

Wave is a powerful and versatile accounting software that can manage all the aspects of your business. It allows you to keep accurate records, create invoices, and track expenses.

Wave also includes features like a CRM system to help connect with your clients and an inventory management system so you can stay on top of your inventory levels.

Wave offers an affordable monthly plan that starts at $9 per month and offers a free 30 day trial period. When it comes to ease of use, Wave is one of the most user-friendly options out there.

When comparing cost versus functionality, this option is one of the best values available in small business accounting software options. #2. Acountant:

The Acountant software has been designed specifically for businesses looking to save money on their bookkeeping needs by cutting down on their accounting staff costs while providing easy accessibility to their data.

With Acountant, you can create financial statements, file taxes automatically, and balance your books effortlessly. If you’re looking for a quick and inexpensive solution then Acountant might be right for you!

Best small business accounting software of 2022: #1.

#4. FreeAgent

FreeAgent is a cloud-based accounting software that has been around since 2005. The platform supports small businesses and freelancers with features such as invoicing, expense tracking, time tracking, and payroll.

Plus, the system is easy to use and can be accessed anywhere there is an internet connection. It also integrates well with other popular platforms like PayPal and Stripe.

It’s not only the most affordable option on this list, but it also offers one of the best user experiences out of all of them!

#3. QuickBooks: QuickBooks is perfect for companies who need to manage a range of financial tasks from payments and receipts, bill paying, account management, inventory control, project costs and more.

With years of development under their belt, they’re considered the industry leader in terms of complexity level when it comes to accounting software solutions.

They have lots of add-ons (ranging from integration with different apps) and support for company size so you’re sure to find what you need.

#5. KashFlow

KashFlow is a quick and easy way to set up your accountancy software. The software is built to be intuitive, which makes it a great solution for those who are new to accounting.

You can create invoices, send reminders, take payments, and manage your customers all from the KashFlow dashboard. You also have access to robust reporting tools that allow you to create custom reports based on your business needs.

KashFlow offers unlimited customer support via phone or email with no contracts or subscriptions required. All in all, Kashflow offers an excellent option for small businesses looking for an accounting software solution without breaking the bank.

#6. Sage 50cloud

Sage 50cloud is a cloud-based accounting software that includes all the features of Sage 50, but with the added benefits of using the cloud. With this program, you’ll be able to access your data from anywhere and anytime.

Plus, it’s simple to use with no upfront costs or long-term commitments. It also comes with unlimited support and updates to keep your business up-to-date.

You can get started in as little as five minutes by signing up online. You’ll have an expert accountant walk you through the process and help set up an initial account.

When it comes to choosing accounting software, one size doesn’t fit all. But Sage 50cloud offers something different—it accommodates every type of business whether they are just starting out or are more established.

And because Sage 50cloud is affordable and easy to use, now more than ever there is a great opportunity for small businesses across America to start their journey towards financial stability.

#7. WaveApps

WaveApps is a cloud-based accounting software that gives you the ability to create invoices, manage your customers and vendors, and perform accounting tasks with ease.

WaveApps also provides robust reporting features and an integrated CRM that will help you keep track of all your customer interactions. With features like email notifications, customizable reports, and a 24/7 customer support line, this is one of the best small business accounting software options available today.

If you’re looking for accounting software that does it all, look no further than WaveApps. What are some of your favorite accounting software programs? Share in the comments below!

#8. Sage One

Sage One offers a lot of features that are great for small businesses, such as the ability to set up multiple accounts, invoicing and purchase orders.

It also has a built in time tracker that can be helpful if you don’t want to use another third-party app. However, it doesn’t offer many integrations with other software or financial institutions.

For example, it doesn’t have integration with QuickBooks Online. You’ll need to export your data from Sage One into QuickBooks or vice versa through manual exporting on each side.

If you’re looking for something free but still relatively easy to use, this might not be the best option for you. Some users complain about how confusing the interface is and how hard it is to create reports without knowing what certain symbols mean.

There is no help file either so you will have to go online for any tutorials. However, if you are just looking for an accounting software that’s reasonably priced, then this may be worth a try.

Leave a Comment