Top 15 Best Online Accounting Software For Small Businesses

FreshBooks best accounting software online

Best online accounting software for small business – There are many accounting software programs online to choose from. Some of these options include FreshBooks, FreeAgent, Xero, Patriot’s Accounting Premium, and OneUp. Before you select one for your business, there are a few important things to consider. And the list of  the best SaaS products for accounting from VTSoft Review will help you choose the best one.

List of the best online accounting software for small business

From our online accounting software reviews, you will find the easiest and cheapest online accounting software for small business. They are all top rated accounting software by real users and receive good feedback on trustworthy review sites.


FreeAgent is one of the best cloud accounting software that helps small businesses stay on top of their finances. It offers a wide range of features and is a great tool for freelancers and contractors.

FreeAgent offers a simple, user-friendly dashboard that gives users real-time financial information. It allows users to track time, expenses, and projects. The application also integrates with bank feeds, making it easy to reconcile transactions.

FreeAgent best online accounting software

In addition to this, FreeAgent allows users to generate recurring invoices and send reminders to late-paying clients. The program generates a profit and loss statement and generates balance sheets. This ensures that you have a complete view of your business finances.

FreeAgent was originally created by three freelancers in 2007. Today, it is one of the most popular online accounting platforms in the UK.

FreeAgent was created to make accounting easier and more convenient for non-accountants. As a result, it is more user-friendly than most other accounting applications.

You can use FreeAgent to create invoices, estimate costs, and submit proposals. It also allows you to manage time and expenses, which is a huge plus for a freelancer.

When you first sign up to FreeAgent, you will have access to a free 60-day trial. After that, you can pay for the service just only $10/month. There are three pricing packages to choose from: free, premium, and premium Plus. All of them have an unlimited number of users and offer various features.

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Zoho Books

Zoho Books is one of the best online accounting software that helps small businesses keep track of finances and manage cash flow. It is designed to be simple to use, and it provides users with financial reports, invoices, and time tracking tools.

The software is available in several packages, ranging from $10 to $200. For a single user, the Basic plan includes invoicing, expense tracking, and bank reconciliation. Users with more users can upgrade to the Standard or Premium plans. They can also purchase the Zoho Analytics upgrade, which is $22 per month.

Zoho Books, Best online accounting software

Zoho Books is compatible with a number of banks and payment systems, and allows you to automatically import transactions. In addition to generating reports, the software can also notify you when bills are due.

The Zoho Books platform is easy to use, with a user-friendly dashboard that makes it simple to navigate. Its mobile app is available on iMessage and the Apple Watch, as well as Android tablets and phones. There are even videos that walk you through the software’s features.

Zoho Books is one of the most popular online accounting solutions, especially for businesses in the US and UK. Besides several different plans available, and it comes with a free trial period.

Zoho Books also offers an online client portal, which allows clients to view invoices and make payments. Customers can also comment and share project details. This makes the software a valuable tool for collaboration.


Xero online accounting software is a great solution for small businesses. It allows you to access your business finances from anywhere and provides real-time data. The platform has multiple layers of online security. In addition, Xero’s dashboard is customizable, which makes it easy for you to add information. Whether you’re an accountant or a bookkeeper, you can see your entire financial picture in one place.


Xero’s reports are also very versatile. You can run reports in minutes. For example, a report can be exported to a Google Sheet, or you can run a graph.

Xero also has a mobile app. This allows you to use the application on your smartphone. If you’re using the app, you can set up repeat invoices. You can even send reminders on overdue bills.

Xero also has the ability to import bank feeds, which allows you to reconcile your transactions instantly. This saves you time, and it reduces your bookkeeping costs.

Xero offers a free 30-day trial. After that, you pay a monthly subscription fee. That is a reasonable price for the service. But Xero is constantly pushing the boundaries of the platform, and a larger business might find the cost prohibitive.

Xero is not for everyone. It is specifically designed for small and medium-sized businesses. So, if you’re looking for an accounting solution that can work for a large company, it may be best to look elsewhere.


FreshBooks online accounting software is a simple and convenient way to manage your small or medium-sized business. It helps you get paid faster, maintain accurate books, and reduce stress about bookkeeping.

FreshBooks offers a 30-day free trial. With its cloud-based accounting, you can access your information anywhere. In addition, you can receive automatic invoices and credit card payments.

FreshBooks best accounting software online

FreshBooks has a built-in project management tool. This allows you to easily store files, emails, and notes. You can also set up and assign due dates. You can store images, send personalized thank you emails, and track time.

FreshBooks is also integrated with PayPal and Stripe. These payment methods make it easy for clients to pay you by submitting a payment via credit card.

FreshBooks can help you create clean professional invoices in minutes. You can customize your invoice templates and add pricing.

FreshBooks allows you to send your invoices to all of your clients from one central account. Additionally, you can customize the template to include your company logo.

Another advantage of FreshBooks is its ability to manage multiple businesses. You can use the service on your desktop, mobile device, or through the FreshBooks app.

FreshBooks lets you accept credit card payments from your clients over the phone. They will automatically charge the card within a few moments of receiving your invoice.

In addition to tracking your expenses, you can customize your invoices to match your pricing, rates, and terms. You can even create recurring billing profiles for your clients.


OneUp, one of the best online accounting software at this time, is a simple yet powerful tool that helps small businesses manage their accounts, inventory, and business operations. Its easy to use interface provides users with instant access to the features they need.

OneUp combines all of the features you would expect in a high-end accounting solution into one dashboard. Its intelligent accounting software includes the ability to automate most of your transactions.

OneUp accounting software

In addition to automated functionality, OneUp provides email, chat, and phone support. For higher-paying users, OneUp also offers one-on-one help.

OneUp’s sales and invoicing features are excellent. Users can customize their invoices, create quotes, and track their inventory. They can also connect their financial institutions. And because it syncs with their bank, they can keep track of expenses and purchases.

OneUp also includes a built-in CRM, which allows you to easily manage leads, prospects, and contacts. The software automatically organizes these data so you can make custom quotes and invoices.

OneUp also includes a 360-degree view of your cashflow, profit, and sales performance. You can also set up alerts for when your inventory runs low.

Another good feature of OneUp is the integration with Square, the payment processor for Android and iOS devices. By connecting your Square account, you can import and export your Square transactions to and from OneUp.

If you are interested in the OneUp accounting software, you can try it out for free. A 30-day trial will give you a chance to see what it has to offer.

Patriot’s Accounting Premium

Patriot’s Accounting Premium online accounting software is ideal for small businesses looking to streamline their financial reporting. Its features include the ability to set up automated payment reminders and create custom invoice templates.

The company has an extensive website with helpful information and training videos. They also offer customer support through a variety of mediums, including live chat and email. You can also sign up for a free trial period to try out their software.

Patriot's Accounting Premium, Best online accounting software

Patriot offers two plans: the Basic plan and the Premium plan. Both offer unlimited users, unlimited customers, and unlimited vendors. However, the Premium plan includes the ability to create recurring invoices and issue credit memos.

One of the best features of Patriot Accounting is the ability to manage unlimited vendors. This means that you can make payments to all of your vendors, and receive and send money to any of them.

Another great feature of Patriot is its payroll management and time and attendance integration. For small businesses, this will save you the time and expense of hiring an accountant. Also, you can integrate Patriot’s software with your existing payroll software.

Patriot’s website offers an FAQ section and a wealth of other information. They also provide short tutorials on each of the accounting features included in their software.

Patriot has a patented dual-ledger feature that allows you to track multiple accounting methods at once. Its web application is also mobile-friendly.

QuickBooks Online

quickbooks online

QuickBooks Online is a versatile accounting software that caters to businesses of all sizes. Its user-friendly interface makes it easy to manage invoicing, expense tracking, and payroll. The software offers various pricing plans, starting at $25 per month, making it suitable for different budgetary requirements.

The pros of QuickBooks Online include its comprehensive feature set, integration with numerous third-party apps, and real-time financial reporting. However, some users find it pricey compared to other options, and customer support can be slow at times.


wave accounting

Wave stands out for its free accounting software, making it a top choice for startups and freelancers. It offers core features like invoicing, expense tracking, and receipt scanning at no cost. Wave also provides paid services for credit card processing and payroll. The software’s simplicity and affordability are its main advantages. However, some users have reported limited customer support and occasional synchronization issues.

Sage Intacct

Sage Intacct accounting online, Best online accounting software

Sage Intacct is a cloud-based accounting solution designed for mid-sized to large businesses. It provides advanced features like multi-entity support, revenue recognition, and budgeting. Sage Intacct’s pricing is customized based on business requirements. The software’s strengths lie in its scalability, strong financial controls, and integration capabilities. However, it may not be suitable for small businesses due to its complexity and higher pricing.



Kashoo is one of the easiest accounting software suitable for small businesses and sole proprietors. It offers features like invoicing, expense tracking, and bank reconciliation. Kashoo’s pricing starts at $19.95 per month, making it one of the cheapeast online accounting software as well. The software’s key advantages include its ease of use, intuitive interface, and strong customer support. However, some users have found it lacking in advanced features and customization options.


Odoo accounting

Odoo is an all-in-one business management software that includes accounting functionalities. It provides features such as invoicing, expense tracking, inventory management, and CRM. Odoo offers various pricing plans based on the specific modules required, making it flexible for businesses of different sizes. The software’s extensive suite of applications and customizability are major advantages. However, the complexity and learning curve of Odoo may be challenging for users with limited technical knowledge.



Pandle is a simple and free accounting software designed for small businesses and freelancers. It offers features such as invoicing, expense tracking, and bank reconciliation. Pandle’s user-friendly interface and affordability make it an attractive option for startups and freelancers. The software also provides basic reporting capabilities. However, some users may find limitations in advanced features and customer support.


AccountEdge accounting

AccountEdge is a desktop-based accounting software available for Mac and Windows users. It offers features such as invoicing, expense tracking, and inventory management. AccountEdge provides a one-time purchase pricing model, starting at $399. Its robust features and offline accessibility are advantageous for businesses that prefer desktop software. However, limited cloud integration and mobility may be a drawback for some users.

Sage 50cloud Accounting

Sage 50cloud accounting

Sage 50cloud Accounting is a comprehensive accounting software for small to medium-sized businesses. It provides features such as invoicing, expense tracking, and inventory management. Sage 50cloud offers multiple pricing plans, starting at $465 per year. Its robust features and industry-specific solutions make it suitable for businesses with more complex accounting needs. The software also integrates with Microsoft Office 365, enhancing productivity. However, some users may find the learning curve steep initially, and the pricing to be on the higher side compared to other options.



Bench is an online bookkeeping service that combines human expertise with software automation. It provides a dedicated team of bookkeepers to manage financial tasks. Bench’s pricing starts at $299 per month, making it suitable for small businesses that require professional bookkeeping services. The software’s combination of human touch and automation ensures accurate financial records. However, businesses that prefer full control over their financial data may find this service less appealing.

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Online accounting software is important because it allows businesses to manage their financial transactions and accounting tasks digitally, which can save time and increase efficiency.

With its great benefits like Automatic updates, Collaboration, Real-time data, Data security, Data backup, online accounting software makes it easier for businesses manage their finance.

Above is the list of the best online accounting software. You should compare the price and features of options to find the best one.

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About Donna Baily 15 Articles
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