8 Best Accounting Software For Small Business (2024 Compared) in India

A comprehensive list of Accounting Software For Small Businesses according to 66 users.
With 8 options to consider you are sure to find the right one for you.

25 January 2022
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66 Contributors
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Best Overall

Zoho Books

findrScore : 87

Visit Website

Read Review

Best Customer service

findrScore : 87

Best Budget Option

findrScore : 57

Best Free Option

findrScore : 87

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

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.
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.
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.
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 2024, put them through a stringent series of examinations with the help of 66 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, Timesheet management, Multi-currency 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, Timesheet management, Multi-currency 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.

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 2024 according to [2024 id=140585] users.

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Voted The BEST

Zoho Books

( 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

Starting From:$9 /
Pricing Model:Subscription
Free Trial: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/.
Promotional Offer: View offers on similar solutions

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Expense tracking

Cash Flow Statement

Reminders & late fees

+ 16 others

7 Reasons to buy

Mobile apps feature has been rated 100% above industry average
100% of users say they would recommend Zoho Books
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

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

findrScore

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$15

FreshBooks

( 3 User Rating)

FreshBooks began as a basement start-up in January 2003 with four employees Over the years, the company moved into … Read full review

Pricing

Key features

Pros & Cons

Rating

Starting From:$15 / Month
Pricing Model:Subscription
Free Trial:Available (Credit Card required)
You can try FreshBooks for 30 days without any need for payment. Also, there is no need for a credit card to get started. After that, you need to get monthly or yearly plans
- Lite: $15/mo., five clients, unlimited invoices, track time and expenses, good payment options, backup options, and much more.
- Plus: $25/mo., 50 clients, everything that Lite offers plus late fees charge, send payment reminders, schedule recurring invoices and much more.
- Premium: $50/mo., 500 clients, everything that Plus offers.
Promotional Offer: See FreshBooks offers

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Timesheet management

Time tracking

Online invoicing

+ 20 others

7 Reasons to buy

A contender in Accounting Software For Small Businesses
Great features list
Best for Customer support

1 Reasons not to buy

A bit on the Expensive side compared to other solution in this category.

Features & Functionality

Industry avg 4.45

6.6/10

Ease of use

Industry avg 4

6/10

Value for money

Industry avg 4.83

6.6/10

Customer Support

Industry avg 3.95

6.6/10

findrScore

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$10

FreeAgent

11.4

( 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

Starting From:$10 /
Pricing Model:Subscription
Free Trial: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.
Promotional Offer: View offers on similar solutions

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Timesheet management

Time tracking

Request deposits

+ 15 others

7 Reasons to buy

Recurring billing feature has been rated 100% above industry average
Time tracking feature has been rated 100% above industry average
Category leader in Accounting Software For Small Businesses

2 Reasons not to buy

A bit on the Expensive side compared to other solution in this category.
Lack of features 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

findrScore

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QuickBooks

( 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

Starting From:$5 / Month
Pricing Model: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/
Promotional Offer: See QuickBooks offers

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Expense tracking

Multi-currency

Mobile apps

+ 17 others

10 Reasons to buy

Time tracking feature has been rated 100% above industry average
Best for Complete solution
Compared to others the price is reasonable

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

findrScore

compare

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

Pricing Model: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
Promotional Offer: View offers on similar solutions

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Recurring billing

Profit & Loss

Online invoicing

+ 12 others

7 Reasons to buy

Compared to others the price is reasonable
Offers free plan with multiple advanced features
Category leader in Accounting Software For Small Businesses

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

findrScore

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$199

Dancing Numbers

( 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?

Starting From:$199 / Year
Pricing Model:
Free Trial:Available (No Credit Card required)
Promotional Offer: View offers on similar solutions

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Timesheet management

Data import

Automatic expense import

+ 1 others

3 Reasons to buy

Free Trial is offered to perform testing
A contender in Accounting Software For Small Businesses
Best for No particluar area

2 Reasons not to buy

A bit on the Expensive side compared to other solution in this category.
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

Integrates well with

QuickBooks

Accountant

findrScore

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SAP Business One

( 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?

Pricing Model:One time license
Promotional Offer: View offers on similar solutions

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

findrScore

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$750

DiamTrade

( 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?

Starting From:$750 / Year
Pricing Model:One time license
Free Trial:Available (No Credit Card required)
Promotional Offer: View offers on similar solutions

view more pricing data

Profit & Loss

Online invoicing

Multi-currency

+ 5 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

Bravo Theme

diamond and jewelry businesses and traders

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.

	Zoho Books 61 FS Compare	FreshBooks 52 FS Compare	FreeAgent 78 FS Compare	QuickBooks 76 FS Compare	Wave 64 FS Compare	Dancing Numbers 13 FS Compare	SAP Business One 6 FS Compare	DiamTrade 0 FS Compare
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	100 %
The reason for leaving
Accounting reports & taxes	Unrated	Unrated	Unrated	Unrated	Unrated	Unrated		Unrated
Expense tracking	40%	Unrated	Unrated	Unrated	10%			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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Last Updated:25 Jan 2022

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 4566376769 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 281045 user contribution rating and reviewing over 1859 products on our platform. That is the SoftwareFindr difference big data meets real user experiences

Adaptation by Geography

Country	Usage
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 (2024 Compared) is popular in these countries India,United States and 2 Other Countries.

Current Users Recommendation Distributions

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

0%
Lowest score
44%
Average score
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 11.38 % 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 66 as cast their votes.

Q. What is the best Accounting Software For Small Business with Timesheet management?

Ans. The results are in and over a 66 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 66 as cast their votes.

Q. What is the Accounting Software For Small Business in United States?

Ans. After analyzing the data from users in United States, 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 Timesheet management?

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.

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