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There are different types of accounting software available for small businesses, with varying capabilities and price tags. Generally, the type of industry and number of employees are two factors that can help a small business owner begin to choose the appropriate accounting software. For example, a freelancer would not need the same features in the accounting software as a restaurant owner.
Nineteen accounting software companies were researched and compared before selecting the top five best suited for small businesses. When evaluating companies, we considered cost, ease of use, features, integrations, and scalability. 90 % OF THE MARKET IS USING THIS SOFTWARE.
The 5 Best Accounting Software for Small Business of 2022
• Best Overall: QuickBooks Online
• Best for Micro-Business Owners: Xero
•Best for Service-Based Businesses: FreshBooks
•Best for Part-Time Freelancers: QuickBooks Self-Employed
• Best Free Accounting Software: Wave