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GoDaddy offers three straightforward monthly plans: Syncing to Amazon, Etsy, eBay, PayPal, and other ecommerce business accounts.Estimates, one-time and recurring invoices, payment acceptance through your mobile device, mileage and time tracking, and business reports such as profit and loss statements.The features of GoDaddy’s online bookkeeping software include: Best for ecommerce businesses: GoDaddyĭid you know that besides web hosting and website creation solutions, GoDaddy also offers accounting software? It’s incredibly user-friendly, with setup taking mere minutes and zero accounting knowledge required. Wave offers a nice balance for those who want to keep accounting costs low while still having access to additional features if needed. Payroll - $20 or $35 monthly base fee (depending on what state your business operates in) + $6 per active employee and $6 per independent contractor paid.Payment Processing - 2.9% + 30¢ per transaction for Visa, Mastercard, Discover 3.4% + 30¢ per transaction for American Express 1% ($1 minimum fee) per ACH bank payment.Integrations with Stripe, Shopify, HubSpot’s CRM, and more.īesides the free accounting features, Wave offers additional paid features as follows:.Unlimited bank account and credit card connections.The ability to add unlimited partners, collaborators, or accountants.Premium add-ons such as payment processing, payroll, and payroll taxes.Income and expense tracking, financial reporting including profit and loss statements, invoicing, and receipt scanning.You can access Wave’s free accounting software either online or on the mobile app, and give your accountant easy access to your reports at year-end. If you’re a freelancer or a service business that doesn’t need inventory management or payroll-related features, Wave Accounting may be a good option for you. QuickBooks Online is a great place to start if you want to streamline your bookkeeping and accounting. Advanced - $180 per month for advanced features, including up to 25 users, automation, a dedicated accounts team, and exclusive premium apps.Plus - $80 per month for everything in Essentials, plus up to five users, inventory tracking, and project profitability tracking.Essentials - $50 per month for everything in Simple Start, plus up to three users, time tracking, and bill pay.Simple Start - $25 per month for basic features such as income and expense tracking, invoicing, general reports, and sales and sales tax tracking.Integrations with QuickBooks Payroll, as well as third-party apps like Square, Stripe, and PayPal.ĭepending on the features you need, you’ll want one of QuickBooks’ four monthly plans:.Forums and online training resources to get you up to speed on the right way to use this tool.The ability to add additional users including your employees or your accountant to your account and manage their access.Features vary depending on which plan you choose. Invoicing and payments, receipt capture and expense tracking, mileage tracking, cash flow and inventory management, and more.This cloud-based software has a robust set of features that can be easily accessed online or through its mobile app. Intuit QuickBooks Online is used by thousands of small businesses, and for good reason. Most comprehensive DIY software: QuickBooks Learn more about Bench’s pricing and discover which plan is right for you. Not only can you get back hours of your life with a hands-off bookkeeping and accounting solution, but you can rest easy knowing that your books are error-free. Upgrade to our Premium plan, and you’ll also benefit from unlimited tax advisory services, tax strategy planning, and annual tax filing. Direct, unlimited communication with our in-house team of experts.Year-end tax ready financial statements.As America’s largest professional bookkeeping service for small businesses, that’s kind of what we do best. If bookkeeping software still feels like too much work and you decide that DIY accounting isn’t for you, Bench can take these tasks off of your hands. What strengths of each of these eight tools make them the best? Let’s consider where they shine in terms of ease of use, features, and pricing. Best for multiple users: Sage Business Cloud AccountingĬhoosing the right software for your business.Most comprehensive DIY software: QuickBooks.Here are the top eight bookkeeping and accounting software options to look into for your small business. The best bookkeeping software for small businesses But with so many options to choose from, how can you know which one is best for your business? We’ve compiled a list of the best bookkeeping software to help you decide. This is where software can save the day, cutting down on time spent on data entry and reducing errors that could negatively impact your financial health.