Updated November 28, 2018 We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Learn more about our. If you run a business, you absolutely must track your income and expenses. Your business accounting is required for taxes, and putting in a little extra effort up front can save a ton of time and hassles when tax season rolls around. Even more, accurately tracking expenses can help you lower your tax bill. But most accounting software isn’t cheap, and it can take a lot of work to learn how it all works.

• Business Accounting Software For Mac
• Most Popular Accounting Software For Macbook Pro

Here are the best top accounting software options to choose from for your business. Courtesy of QuickBooks Intuit’s Quickbooks is the 800-pound gorilla of the small business accounting world.

Powerful small business accounting software for the Mac and Windows desktop user. Sales and invoicing, purchases, payroll, inventory, time billing, and more.

While it isn’t perfect and isn’t cheap, it is one of the most fully featured accounting software packages in existence. Windows and Mac versions exist for the desktop, but Quickbooks is slowly working to push users into the cloud (subscription instead of one-time cost). The Mac version does not have nearly the full feature set of the Windows or online version, so keep that in mind when choosing software for your business. Because Quickbooks is so widely used, it is easy to find tutorials, guides, videos and other information on how it all works. But the downside is that you need tutorials, guides and videos to understand how it works. Intuit’s own help forum is often riddled with incorrect answers, so getting through a frustrating issue may take longer than you would hope. But, at the end of the day, it is the best known and most popular accounting software for a reason: it works well for a wide range of businesses and business needs.

Business Accounting Software For Mac

Quickbooks Online offers several versions ranging in cost from $5 for the self-employed version up to $25 per month for the Plus version. Payroll and payments services cost extra. Courtesy of Xero Quickbooks started with desktop, but Xero was always cloud first. Mac users who can’t find what they need from Quickbooks for Windows were some of the earlier adopters of Xero, which includes 24/7 live chat support at no extra cost. Xero is also huge on integrations, with more than 600 integrations to help business owners manage invoicing, inventory, payroll and much more. One standout feature is the ability to track time and money spent on specific projects, so you don’t let any dollars slip through the cracks. Xero is designed for an array of businesses and offers a starter version for $9 per month.

Higher end premium versions include payroll and multi-currency support, with the Premium 100 plan (includes payroll for up to 100 staff) running $180 per month. Courtesy of Zoho Books Smaller businesses that don’t have lots of employees, inventory and other complex needs don’t have to deal with the complexities bigger firms have to deal with.

Zoho is best for the smaller sized businesses that just works. Zoho offers several apps, and Books is its accounting software. It includes easy-to-understand dashboards and graphs and takes pride in straightforward usability. You don’t need an accounting degree to make sense of Zoho. One particularly useful feature for service businesses is automated payment reminders when your clients are not paying quickly as agreed.

It offers manual journal entries, financial statements, project management, automated banking, inventory and collaboration tools. Pricing ranges from $9 per month for the Basic plan up to $29 per month for the Professional version, with discounts when you pay for a full year up front. Courtesy of Wave It doesn’t get cheaper than free!

Wave is a standout in the accounting software space as it offers the majority of features at no charge for users. It also offers the ability to track both personal and business finances in one place, rather than going to one app for personal and another for business.

Most Popular Accounting Software For Macbook Pro

However, you sometimes get what you pay for. The accounting features are not as in-depth as some others on this list, but if you only have basic needs it should work fine. It even includes free invoicing.

To make money, Wave charges for payment processing and payroll services, which are integrated with the bookkeeping suite of tools. The accounting software is free of charge. Credit cards and payroll pricing are in-line with most industry competitors. Courtesy of FreshBooks Freelancers and other solo business owners might not need a giant, complicated accounting system. FreshNooks offers what you might call bookkeeping light, with no double entry accounting support. However, it is easy to use for time tracking, invoicing, payments and reports. And it is one of the easiest accounting apps to use.

While it is great for self-employed workers, it is not powerful enough for many small businesses. Plans range from $15 per month for the Lite version up to $50 per month for the Premium version. Lite supports only five clients, so it isn’t viable for many users.

The most popular plan, Plus, runs $25 per month and supports up to 50 clients. Courtesy of GoDaddy Another bookkeeping option good for freelancers, GoDaddy Bookkeeping is a bargain starting at just $3.99 per month for the first year. Formerly known as Outright, GoDaddy acquired the accounting software company in 2012 and renamed it GoDaddy Bookkeeping. Its features are on the basic side, and like FreshBooks, does not include double entry accounting. But it does make time tracking and quarterly estimated taxes a lot easier than doing it manually. The best features are integrations with online sales platforms such as Amazon, eBay and Etsy. If that is where you do most of your business, GoDaddy Bookkeeping could be a good choice ​and a cheap one.

Prices range from $4.99 to $14.99 per month, with a 20 percent discount your first year. Courtesy of 17Hats Small business owners do more than one job any given day.

They wear lots of hats. Hence: 17Hats. This accounting software is a lot more than accounting software. It is a fully featured productivity suite for small businesses that includes bookkeeping features.

From the dashboard, you can get to your accounting records or manage contacts, projects, leads, questionnaires, quotes, contracts, invoices, payments, calendars, to do lists, time tracking, workflows, templates and even sync client emails from your inbox. It is a lot to handle and probably overkill for many businesses.

But if you want everything under one roof, 17Hats is there for $37 per month. Discounts available for annual and two-year commitments.

QuickBooks for Mac is financial accounting solution from Intuit for small businesses and accounting professionals. The solution allows users to create professional invoices, track sales and expenses, and manage accounts payable. QuickBooks provides Mac-specific features. For example, users can embed a notification bar in Mac's menu bar, add reminders to iCalendar and sync contacts with their Mac OS address books. Users can also share data with Windows-based users. QuickBooks for Mac's online version can be accessed on from anywhere and any device.

The online version provides more features than the desktop version, such as automatic scheduling and invoice sending, advanced security and access for up to five users. QuickBooks for Mac also offers a mobile app for iOS. Highly Recommend Since implementing QuickBooks Payroll, our process has been streamlined which allowed our team to focus on other tasks which are value-add to the business. Pros The support received during setup was outstanding. The whole process was very easy and all of our questions were answered. Since implementing QuickBooks Payroll we have saved a lot of time and frustration. It's great to know that everything is taken care of automatically and our employees like the timeliness.

Cons I would like a feature to set up multiple employee groups which are on different pay schedules. Review Source: Capterra.

Bookkeeping for non-accountants Pros I'm clueless when it comes to keeping our books and so the ease of use in QBO is really helpful. If I don't know what to do, I can find an article to tell me how or get someone from their tech staff on the phone to help.

It's easy for accountants to log into our account too once we grant them access. I like the ease of processing payments, invoices, and receipts, as well as running reports on how we're doing. Quickbooks online a lot better than the offline version of the software. Cons Some features need some accounting knowledge, I will say. Mainly if you don't know how to file a charge or something it doesn't tell you waht to do, but once you know (or learn from the CPA) the features are easy to use in the program. Review Source: GetApp. QuickBooks PayRoll is the Small Biz Solution!

I’ve had great experience with the ACH payroll integrative services. I love being able to print paycheck stubs from anywhere and not having to worry about missing a deadline! Pros I love being able to run payroll from anywhere (even the app) while traveling and on the go!

As a small business owner who does a lot of the work myself, it’s critical to be able to pay my staff from anywhere in a simple way! I also really love the payroll reminders that come on email and the app! It’s also very easy to set different pay rates and everything is as simple as 1-2-3!

Cons I least like the cost. There is tremendous value provided, but as a small business owner barely able to pay oneself sometimes - the decisions have to be made about cutting apps and services. I would like to see a tiered system for more entrepreneurs to be able to use this feature when I recommend it!

Review Source: Capterra. Very popular, but not the best. It's decent, but there are better platforms out there for small businesses. I prefer Xero.

Pros I like that they give accountants a free version to work with and practice before accepting clients. That was absolutely necessary for me when I first got started. Cons Their billing system is terrible. I personally have had issues with it and also I've had clients with major problems.

Their merchant services caused big cash flow problems for one of my clients and was completely unfair to the user. Review Source: Capterra.