Top 10 Best Accounting Software to Use for Your Business

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Bookleeping for businesses can be a lot easier and quick if a financial software is in use. To take a decision on which accounting software to use among several online accounting softwares, free accounting softwares and other accounting programs, we list Top 10 Best Accounting Softwares to Use for Your Business.
All businesses need an accounting software for business management, profit evaluation, and tax purposes. The decision of which software to use is very crucial indeed. Such a software is tasked to document how much your business has earned, or have lost for that matter, during a particular period. The best accounting software makes a company’s financial processes fast, simple, and hassle-free. To find the most ideal one for your business, check out the top 10 accounting software listed below.
10

GnuCash

GnuCash
GnuCash

This open source accounting software is one of the most ideal replacements for Quickbook. It can work for almost all operating systems, including Linux, BDS, and Solaris. GnuCash can track bank account balances, stocks, expenses, and income. Double entry accounting is also supported for easy balancing of books and for a more accurate report.
9

Xero

Xero
Xero

For only $19, this software offers a lot of unlimited perks. It is ideal for invoicing, billing, and project tracking purposes. This software works in the mobile environment as well.
8

Adminsoft Accounts

Adminsoft Accounts
Adminsoft Accounts

This free accounting software supports a range of features such as accounts payable, invoicing, general ledger, PO processing, payroll, stock control, and a lot of others. It works on the double entry accounting mode.
7

LedgerSMB

LedgerSMB
LedgerSMB

For businesses that are looking to add custom apps to their accounting software, this is the one that would end their search. For a freeware, LedgerSMB offers a truckload of features such as accounts payable and receivable, general ledger, inventory, and fixed asset accounting. This software can also be integrated with other systems because it is open source and open architecture.
6

Microsoft Dynamics GP

Microsoft Dynamics GP
Microsoft Dynamics GP

Created by software giant Microsoft, this one works seamlessly with across all other Microsoft Office products. It can also be used for cloud computing or on-site. Aside from basic accounting features, it also offers financial management, business intelligence reporting, payroll, supply, sales, project, and human resources management.
5

xTuple PostBooks

xTuple PostBooks
xTuple PostBooks

This is an open source accounting software that offers all the basic accounting features such as accounts receivable, accounts payable, general ledger, bank reconciliation, and invoicing – all for free. Additionally, it can also support other modules such as inventory, products, manufacture, purchase, sales, and CRM. This accounting software is highly recommended to large business.
4

AccountEdge

AccountEdge
AccountEdge

This software used to be called MYOB Accounting and remain to offer the highest level of flexibility when compared to all the rest. Aside from inventory, billing, and financial reports, it can also work with the Enstore online store app. It is compatible with iPads and iPhones as well.
3

TurboCash

TurboCash
TurboCash

This, by far, is the best free-to-use, open-source accounting software for small businesses. It comes with the standard functions of stock control, debts, credits, invoicing, general ledger, balance sheet, VAT accounting, income statements, and financial reports. It supports several users at a time, even several companies all at the same time.
2

Sage One

Sage One
Sage One

Sage One is a very popular accounting software because of one reason – it has all the features and functionalities that businesses need. While Sage One doesn’t come for free, it does offer everything that is required of an accounting software such as invoicing, client and vendor profiling, balancing, tax computation, billing, project tracking, and a whole lot more. This software also supports a range of additional features such as mobile access, credit card processing, and payment gateway integration.
1

Intuit QuickBooks

Intuit QuickBooks
Intuit QuickBooks

The most popular accounting software remains to be Quickbooks. This one now comes in different editions, one of which is a perfect fit for all your accounting needs. Small and large businesses alike will find this accounting software to be an indispensable tool for their organization.

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Written by Eric

Erik is a tech enthusiast and a passionate blogger. Before writing for Top10Tip, he was deeply involved in social sciences as a journalist

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