Accounting 

8 Best Accounting Software For Small Business (2021 Compared) in India

A comprehensive list of Accounting Software For Small Businesses according to 62 users.
With 8 options to consider you are sure to find the right one for you.

  • 24 June 2021
  • /
  • 62 Contributors
  • Select Country
When you start your business, you don’t realize how hectic it can become when you start growing. This is where accounting software comes in. Small businesses especially need accounting software so that they can keep up tabs on invoicing, ledger management, payment processing and much more. That’s why, in today’s article, we will be listing the best accounting software for small business.   Accounting is an integral part of any business. For a small business, it becomes more vital as they need accounting software that not only offers them all the essential features but also at an affordable cost. To help business, we will be listing the five best accounting software for small business. But, before we get started, we will list the things to consider before you choose your accounting software. Let’s get started.   Things to consider
  1. Cost: The first thing that you should consider is the cost of the accounting software that you decide to pick up. As a small business, you need something that can do the work efficiently without costing you a bomb.
  2.  Ease of use: The accounting software should be easy to use. This will make your life easier in handling accounting and ensure that you can focus on important things.
  3. Integration with 3rd party apps: The accounting software should be able to integrate with the 3rd party apps. These integrations will help small businesses to take advantage of other services and also help them integrate the accounting software into their work process.
  4. Mobile versions: The need for managing your business accounting on the go is important. And, that’s why you should look for accounting software that offers a mobile version.
5. Customer service: Before you get an accounting software for your business, do check the customer service they provide.

Over users have rated and voted on 8 of the best solutions Accounting Software For Small Businesses available in 2021, put them through a stringent series of examinations with the help of 62 voters like you, and assigned them FindrScores, all to help you make a smarter decision.

Our algorithm looks at over 1080 such as user satisfaction, price, geographical quirks, how the must-have functionality like Expense tracking, Multi-currency, Automatic tax calculations compare against these 8 solutions.

So whether you’re looking for the cheapest, easiest to use, the best overall we ‘ve got you covered.

Narrow down your search

Find the best Accounting Software For Small Business for you, Tailor the data to find the best Accounting Software For Small Business for your needs. See which software offers the best Expense tracking, Multi-currency, Automatic tax calculations or which is the easiest to use.

Filter by top Accounting Software For Small Businesses in United Kingdom – See what users from this country recommends

Filter by Accounting Software For Small Businesses in India – See what users from this country recommends

Filter by free Accounting Software For Small Businesses – See which is the best free solution.

Filter by cheapest Accounting Software For Small Businesses – See which is the most affordable solution.

Looking for Accounting deals? – See today’s best Accounting discount codes.

HOW TO MAKE YOUR DECISION
1 PRICE EXPECTATIONS
Expect to pay anywhere from $0 – 750 for a competent solution with this category. Don’t fall prey to the prey to using price as a proxy for quality
2 FUNCTIONALITY
You should take some time to figure out what features are mission-critical to your project. Our users tend to look for a provider that offers Expense trackingand Multi-currency, as well as a Automatic tax calculations.
3 FINDRSCORE
Pay cost attention to the FindrScore given as it incorporates over 1080 data points powered by 62 user voices. Narrow down and use the comparison feature to figure out which is right for you.

What is the Best Accounting Software For Small Business right now?

Without further adieu, here are our picks for the Accounting Software For Small Businesses in 2021 according to [2021 id=140585] users.


Zoho Books
Voted The BEST
1

( 1 User Rating)

ZohoBooks is undoubtedly one of the best accounting software that provides accounting solutions to small business It … Read full review


Pricing Key features Pros & Cons Rating
  • $9 / 
  • Subscription
  • Available (Credit Card required)
    • Basic: $9 per organization/month, 50 contacts, 2 users(1 user + 1 accountant), 5 automated workflows.
    • Standard: $19 per organization/month, 500 contacts, 3 users(2 users + 1 accountant), 10 automated workflows/module
    • Professional: $29 per organization/month, unlimited contacts, ten users, ten automated workflows/module

    They also offer add-ons such as “Add a user,” “Snail Mails,” and “Auto-scans.”

    All plans come with additional features which you can check on their pricing page here: https://www.zoho.com/us/books/pricing/.

view more pricing data
Expense tracking {{ Expensextracking140593.status}}
Reminders & late fees {{ Remindersxxxlatexfees140593.status}}
Recurring billing {{ Recurringxbilling140593.status}}
+ 16 others
6 Reasons to buy
  • Mobile apps feature has been rated 100% above industry average
  • Expense tracking feature has been rated 100% above industry average
  • Free Trial is offered to perform testing
see more
2 Reasons not to buy
  • Lack of features compared to other solution in this category
  • A bit on the Expensive side compared to other solution in this category.
Features & Functionality
Industry avg 4.45
 7/10
Ease of use
Industry avg 4
 7/10
Value for money
Industry avg 4.83
 8/10
Customer Support
Industry avg 3.95
 7/10

87
findrScore



FreeAgent
$10
3

( 1 User Rating)

FreeAgent, online accounting software is aimed at small business owners and freelancers It is used by more than 70,000 … Read full review


Pricing Key features Pros & Cons Rating
  • $10 / 
  • Subscription
  • Available (Credit Card required)
  • You can try the software free of cost for 30 days. Also, you need any credit card to use the trial.

    They only offer one plan as below

    Universal: $10/month for 6 months. After six months, it changes to the US $20/month. The plan consists of all the services that FreeAgent has to offer.

view more pricing data
Timesheet management {{ Timesheetxmanagement140602.status}}
Time tracking {{ Timextracking140602.status}}
Request deposits {{ Requestxdeposits140602.status}}
+ 15 others
4 Reasons to buy
  • Best for Customer support
  • Best for Ease of use
  • Category leader in Accounting Software For Small Businesses
see more
2 Reasons not to buy
  • Lack of features compared to other solution in this category
  • A bit on the Expensive side compared to other solution in this category.
Features & Functionality
Industry avg 4.45
 7/10
Ease of use
Industry avg 4
 7/10
Value for money
Industry avg 4.83
 7/10
Customer Support
Industry avg 3.95
 6/10

51
findrScore


QuickBooks
$5
4

( 1 User Rating)

QuickBooks offers smarter tools for small business to accomplish their accounting needs It allows SMBs to organize … Read full review


Pricing Key features Pros & Cons Rating
  • $5 / Month
  • Subscription
  • Freelancer

    • Self-Employed: $5/mo., track miles, income, expenses, receipts, taxes, payments, invoice and reports.

    Small Business

    • Simple: $10/mo., everything that the Self-Employed plan offers plus sales tax, and send estimates. However, it doesn’t come with track miles.
    • Essentials: $17/mo., everything that Simple Start plan offers plus bill management, users up to 3, and track time.
    • Plus: $30/mo., everything that Essentials plan offers plus project tracking, inventory tracking and 1099 contractors support

    They also offer a bunch of add-ons which you can check at their pricing page: https://quickbooks.intuit.com/pricing/

view more pricing data
Expense tracking {{ Expensextracking140605.status}}
Multi-currency {{ Multixcurrency140605.status}}
Mobile apps {{ Mobilexapps140605.status}}
+ 17 others
9 Reasons to buy
  • Multi-currency feature has been rated 100% above industry average
  • Compared to others the price is reasonable
  • Category leader in Accounting Software For Small Businesses
see more
0 Reasons not to buy
    Features & Functionality
    Industry avg 4.45
     8/10
    Ease of use
    Industry avg 4
     6/10
    Value for money
    Industry avg 4.83
     8/10
    Customer Support
    Industry avg 3.95
     8/10

    51
    findrScore


    Wave
    5

    Wave

    ( 1 User Rating)

    Wave is one of the leading free small business accounting solutions It offers an excellent collection of features which … Read full review


    Pricing Key features Pros & Cons Rating
    • Freemium
    • Accounting software: $0, no setup fees, no hidden charges.

      Receipt scanning: $0, no setup fees, no hidden charges

      You can learn what they offer in each of the above packages by checking their pricing page: https://www.waveapps.com/pricing

    view more pricing data
    Recurring billing {{ Recurringxbilling140597.status}}
    Profit & Loss {{ ProfitxxxLoss140597.status}}
    Online invoicing {{ Onlinexinvoicing140597.status}}
    + 12 others
    6 Reasons to buy
    • A contender in Accounting Software For Small Businesses
    • Compared to others the price is reasonable
    • Offers free plan with multiple advanced features
    see more
    1 Reasons not to buy
    • Lack of features compared to other solution in this category
    Features & Functionality
    Industry avg 4.45
     7/10
    Ease of use
    Industry avg 4
     6/10
    Value for money
    Industry avg 4.83
     9/10
    Customer Support
    Industry avg 3.95
     4/10

    44
    findrScore


    Dancing Numbers
    $199
    6

    ( 0 User Rating)

    Bulk Import, Export and Delete your Excel and CSV Transactions/Lists in to QuickBooks Desktop Time Saver – It helps … Read full review


    Pricing Key features Pros & Cons Rating Integrations Who is it best for? view more pricing data
    Timesheet management {{ Timesheetxmanagement151452.status}}
    Data import {{ Dataximport151452.status}}
    Automatic expense import {{ Automaticxexpenseximport151452.status}}
    + 1 others
    3 Reasons to buy
    • Best for No particluar area
    • Free Trial is offered to perform testing
    • A contender in Accounting Software For Small Businesses
    2 Reasons not to buy
    • Lack of features compared to other solution in this category
    • A bit on the Expensive side compared to other solution in this category.
    Features & Functionality
    Industry avg 4.45
     0/10
    Ease of use
    Industry avg 4
     0/10
    Value for money
    Industry avg 4.83
     0/10
    Customer Support
    Industry avg 3.95
     0/10

    Integrates well with

    Accountant

    8
    findrScore


    SAP Business One
    7

    ( 0 User Rating)

    SAP business one helps you make growth simple, capture all your critical business information in one single system and … Read full review


    Pricing Key features Pros & Cons Rating Who is it best for? view more pricing data this item has no features mentioned!
    3 Reasons to buy
    • A contender in Accounting Software For Small Businesses
    • Best for No particluar area
    • Compared to others the price is reasonable
    1 Reasons not to buy
    • Lack of features compared to other solution in this category
    Features & Functionality
    Industry avg 4.45
     0/10
    Ease of use
    Industry avg 4
     0/10
    Value for money
    Industry avg 4.83
     0/10
    Customer Support
    Industry avg 3.95
     0/10
    Manufacturing Industry

    7
    findrScore


    DiamTrade
    $750
    8

    ( 0 User Rating)

    DiamTrade is an ERP software for diamond and jewelry accounting, inventory management & … Read full review


    Pricing Key features Pros & Cons Rating Integrations Who is it best for? view more pricing data
    Profit & Loss {{ ProfitxxxLoss151622.status}}
    Online invoicing {{ Onlinexinvoicing151622.status}}
    Multi-currency {{ Multixcurrency151622.status}}
    + 5 others
    3 Reasons to buy
    • Free Trial is offered to perform testing
    • Best for No particluar area
    • A contender in Accounting Software For Small Businesses
    2 Reasons not to buy
    • Lack of features compared to other solution in this category
    • A bit on the Expensive side compared to other solution in this category.
    Features & Functionality
    Industry avg 4.45
     0/10
    Ease of use
    Industry avg 4
     0/10
    Value for money
    Industry avg 4.83
     0/10
    Customer Support
    Industry avg 3.95
     0/10

    Integrates well with

    diamond and jewelry businesses and traders

    6
    findrScore

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    Accounting Software For Small Businesses Pricing Guide and Cost Comparison



    The table below should help you gain an understanding of how the top voted solutions are priced. Click on the solution name to get read the full review and get the full list of features offered, user reviews, and product videos.

    67 FS


    52 FS


    78 FS


    76 FS


    58 FS


    13 FS


    6 FS


    0 FS


    Reviews
    Starting Price $9 $15/Month $10 $5/Month $199/Year $750/Year
    Value for money 8/10 6.6/10 7/10 8/10 9/10 -/10 -/10 -/10
    Quality of features score 7/10 6.6/10 7/10 8/10 7/10 -/10 -/10 -/10
    Usability and Intuitiveness 7/10 6/10 7/10 6/10 6/10 -/10 -/10 -/10
    Vendor Support 7/10 6.6/10 6/10 8/10 4/10 -/10 -/10 -/10
    Likelihood of recommending
    The reason for leaving
    Accounting reports & taxes
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Expense tracking
    10%

    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Profit & Loss
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Apply discounts to invoices
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Multi-currency
    Unrated

    Unrated

    10%

    Unrated

    Unrated
    Timesheet management
    Unrated

    Unrated

    Unrated

    30%

    Unrated
    Data import
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Automatic expense import
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Online invoicing
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated
    Customized invoices
    Unrated

    Unrated

    Unrated

    Unrated

    Unrated

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    SoftwareFindr Radar

    The SoftwareFindr Market Radar compares all solutions on our platform in your chosen category and tries to segment them to give you a visual representation of the market. All the solutions are compared two-dimensionally which takes into account their FindrScore which is given based on numerous data points and research frequency. The average FindrScore for users looking at a Accounting Software For Small Business is 44 which we’ve used as a threshold to only show the top 10 solutions.

    Why You Should Trust Us ?

    Here at SoftwareFindr we are all about learning from the people who came before us. The recommendations presented are completely impartial, we can not control the data we are analyzing and the numbers don’t lie. If a product is lacking in a certain area chance are our algorithm will pick that up. And if a product shines in a particular category that will be presented also. Gone are the days where it’s one size fits all, our recommendations are advice and personalize down to geographical preferences.

    In the last 12 months, we have a crunch 4477413708 data points in our system which paints a unique picture of each product from where they stand in the market, users sentiment and so on. All that is not without the of over 272455 user contribution rating and reviewing over 1858 products on our platform. That is the SoftwareFindr difference big data meets real user experiences

    Adaptation by Geography
    CountryUsage
    India 37.5%
    United States 37.5%
    United Kingdom 12.5%
    Australia 12.5%
    Brazil 0%
    Canada 0%
    Germany 0%
    France 0%
    Italy 0%
    Indonesia 0%
    Pakistan 0%
    Poland 0%
    Bangladesh 0%
    Spain 0%
    Netherlands 0%
    After analyzing our data gathered on our platform 8 Best Accounting Software For Small Business (2021 Compared) is popular in these countries India,United States and 2 Other Countries.

    Current Users Recommendation Distributions

    Scoring methodology The Scoring is based on our unique algorithm that looks at reviews, votes, behavior, social signals and more. Learn more

    Compare PopularAccounting Software For Small Businesses

    When evaluating Accounting Software For Small Businesses our users also give serious thoughts to these other solutions:-

    Average FindrScore in this Category

    1. 0%
      Lowest score
    2. 44%
      Average score
    3. 78%
      Highest score

    Frequently Asked Questions

    Q. What is the best free Accounting Software For Small Business?
    Ans. 140593Our users have voted that Zoho Books is the preferred free Accounting Software For Small Business.
    Q. Which is commonly used for Expense tracking ?
    Ans.Over 12.23 % over users surveyed recommended Zoho Books.
    Q. How much does a Accounting Software For Small Business cost?
    Ans. Looking at the data collected on our platform the average starting price is 123.5 USD billed per Month as a subscription.
    Q. What is the best Accounting Software For Small Business with Expense tracking?
    Ans. The results are in and over a 62 as cast their votes.
    Q. What is the best Accounting Software For Small Business with Multi-currency?
    Ans. The results are in and over a 62 as cast their votes.
    Q. What is the best Accounting Software For Small Business with Automatic tax calculations?
    Ans. The results are in and over a 62 as cast their votes.
    Q. What is the Accounting Software For Small Business in India?
    Ans. After analyzing the data from users in India, the result show that FreeAgent is the popular choice locally.
    Q. Which are the best Accounting Software For Small Business for a beginner?
    Ans. The provider with the best score for ease of use is Zoho Books.
    Q. Does Zoho Books or FreshBooks have Expense tracking?
    Ans. Both Zoho Books and FreshBooks have that feature.
    Q. Does Zoho Books or FreshBooks have Multi-currency?
    Ans. Both Zoho Books and FreshBooks have that feature.
    Q. Does Zoho Books or FreshBooks have Automatic tax calculations?
    Ans. Both Zoho Books and FreshBooks have that feature.

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