Accounting software automates bookkeeping tasks like tracking income and expenses, generating financial reports, and managing invoices. It uses a database to store financial data, which can be accessed and manipulated by the user via a user interface.
Accounting Software
Accounting software is an accounting and finance solution designed to automate cash management, receipts tracking, VAT reporting and general accounting (accounting entries, outsourcing, balance sheet, income statement, etc.).
Our selection of 33 accounting software
Pricing on request
Streamline your accounting with cloud-based software that automates tasks and provides real-time insights.
SlickPie's accounting software simplifies bookkeeping with features like automated data entry, receipt management, and financial reports. Access your data from anywhere and collaborate with your team on financial tasks.
Read our analysis about SlickPie Learn more To SlickPie product page
Pricing on request
Manage your finances with ease using this cloud-based accounting software, which provides invoicing, expense tracking, and bank reconciliation.
The software also includes features such as project management, time tracking, and inventory management, making it a comprehensive solution for small businesses. Plus, it offers integration with other Zoho products for a seamless workflow.
Read our analysis about Zoho Books Learn more To Zoho Books product page
Paid version from €2.29 /month
Streamline your billing process with this intuitive software. Manage invoices, expenses and payments with ease.
With this software, you can create custom invoices, track expenses and receive payments online. The dashboard provides a clear overview of your financials, allowing you to make informed decisions. The software is user-friendly and offers a range of integrations to further simplify your workflow.
Read our analysis about Brightbook Learn more To Brightbook product page
Pricing on request
Streamline your billing and invoicing tasks with this software. Automate processes and ensure accuracy for efficient financial management.
Say goodbye to manual data entry and errors, as this software allows you to easily create and send invoices, track payments, and manage your finances in one place. Its user-friendly interface and automation features make it a must-have for businesses of all sizes.
Read our analysis about Bokio Learn more To Bokio product page
Pricing on request
Streamline your accounting tasks with intuitive software that automates processes and generates reports.
IRIS Accountancy simplifies your bookkeeping with real-time data entry, bank feeds, and VAT management. Customisable dashboards and integrations with popular apps make it easy to manage finances from one platform.
Read our analysis about IRIS Accountancy Learn more To IRIS Accountancy product page
Pricing on request
Streamline accounting tasks with software designed for efficiency. Automate data entry, reduce errors, and increase productivity.
This accounting software offers a range of features designed to streamline accounting tasks. With automated data entry and a reduction in errors, productivity is increased, and time is saved. The software provides an efficient solution for businesses looking to improve their accounting processes.
Read our analysis about CCH Accounts Production Learn more To CCH Accounts Production product page
Pricing on request
Automate accounting data transfer between Amazon and Xero.
Taxomate simplifies accounting for Amazon sellers by automatically importing sales and fee data into Xero. It supports multiple Amazon marketplaces and currencies, and can handle refunds, adjustments, and VAT/GST. Save time and reduce errors with taxomate.
Read our analysis about taxomate Learn more To taxomate product page
Pricing on request
Streamline your accounting tasks with innovative software that simplifies payment processing, invoicing, and financial reporting.
The software's user-friendly interface, automated payment scheduling, and customizable invoice templates make it easy to manage finances. Plus, its secure cloud-based system ensures data protection and easy accessibility.
Read our analysis about Plooto Learn more To Plooto product page
Pricing on request
Manage your finances effortlessly with this accounting software. Track expenses, generate invoices, and get real-time financial reports.
Stay on top of your business finances with ease. This software lets you easily create and send invoices, track expenses, and reconcile accounts. Get instant insights into your financial health with real-time reports, and streamline your workflow with integrations to other tools.
Read our analysis about Akaunting Learn more To Akaunting product page
Pricing on request
Streamline your finances with easy-to-use accounting software that automates tasks and provides real-time insights.
With features like automated invoicing, expense tracking, and bank reconciliation, Ledger SMB simplifies financial management. The software's real-time reporting and forecasting capabilities help you make informed decisions and stay on top of your business's financial health.
Read our analysis about Ledger SMB Learn more To Ledger SMB product page
Pricing on request
Streamline your accounting with our software. Generate professional invoices, track expenses and payments, and gain valuable insights into your financial performance.
Our software's user-friendly interface makes it easy to manage your finances. Customise invoices with your logo and brand colours, and automate recurring payments. With detailed reporting, you'll be able to make informed business decisions.
Read our analysis about Crater Invoice Learn more To Crater Invoice product page
Pricing on request
Manage your finances with ease. Track expenses, income, and investments effortlessly. Stay on top of your budget with powerful reporting tools.
With our accounting software, you can import bank statements, schedule transactions, and reconcile accounts. Set financial goals, create budgets, and monitor your progress. Get a clear picture of your financial health with detailed reports and graphs.
Read our analysis about KMyMoney Learn more To KMyMoney product page
Pricing on request
Streamline your finances and improve accuracy with powerful accounting software. Manage invoices, expenses, and more in one place.
TurboCASH offers a comprehensive solution for small businesses and freelancers. With easy-to-use features like bank reconciliation, inventory management, and VAT tracking, you can stay on top of your finances and make informed decisions. Plus, generate professional invoices and reports with just a few clicks.
Read our analysis about TurboCASH Learn more To TurboCASH product page
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Accounting software: purchase guide
What is Accounting Software?
Definition
Accounting software is an IT solution that facilitates bookkeeping and financial management for companies. It can range from simple quotes, invoices and cash management all the way to the complete integration of general accounting tasks.
How does it work?
Accounting software is designed to automate and internalise all or part of the services of your accountant (debit and credit accounting, financial advice, accounting documents) as well as routine administrative operations (creation of quotes, invoices, voucher orders, supply management, collection of invoices and expense reports, tracking payments, etc.).
Accounting software offers a financial view. This is why it is different from commercial management software and invoicing software. Moreover, it interprets the financial impact of current operations. And, it is particularly recommended for small companies (startups, TEPs, self-employed) and medium-sized companies (SMEs, SMIs) that need to keep track of transactions occurring on their bank account or the state of their finances in real-time.
Main Features of an Accounting Software
The features of accounting software play a key role in the economic development of your company or your association.
Make Simplified Payments via a Paperless Platform
To facilitate exchanges between your partners or customers and your company, some accounting software programmes offer the possibility of making payments via an electronic payment platform. The transactions of your accounts are directly integrated into your accounting records to automate bank reconciliation and lettering. These exchanges are completely secure which allows you to make payments without worries.
Commercial Management and Billing
Accounting software integrated into a CRM system goes a step further by simplifying commercial management (quotes and automated invoices). In some cases, you can also conduct inventory management.
Whether you are self-employed, an artisan or a commercial company (self-manager, very small business, SME, large company), you will be able to keep track of your accounting to be fully aware of your company's financial status. In line with the work of your accountant, you can prepare your balance sheet, income statement and general appendix with much greater ease by regularly updating your accounting software.
Who uses Accounting Software?
Any company starting from one person upwards must use accounting software, even if it is only for the preparation of estimates & invoices, payments and the follow-up of late payments. Medium-sized companies use accounting software as a financial management tool. Finally, larger companies use accounting software to internalise all of their accounting processes.
Why use Accounting Software in Business?
Benefits of Online Accounting Software
Using accounting software ensures efficient response to functional needs in general accounting and offers the possibility of analyzing your results (cost accounting). Much more convenient than Excel, accounting software:
- Saves time by automating common accounting operations
- Allows you to reduce your accounting costs by internalizing services provided by external accountants
- Facilitates the completion of balance sheets
- Helps track third-party accounts
- Ensures compliance with legal obligations. They meet a need for rigor and transparency required for all American companies
- Monitor incoming and outgoing payments to and from your bank account as well as fixed assets on a daily basis
- Updates accounting documents whenever they are modified in the general ledger
- May be used in conjunction with the work of a certified public accountant. Some programmes give your accountant access to your corporate accounts so that they can perform your company's accounting by taking into consideration the data integrated into your online software.
- Facilitates Tax and VAT reporting procedures and declarations.
- Helps you make the right decisions by having a realistic view of the state of your company's finances, but also by allowing you to project new investments.
- Keeps you up to date: SaaS accounting software (online) does not depend on your operating system and updates are done automatically.
Cons
- Open Source accounting software does not always comply with the latest financial regulations.
How to Choose?
Criteria
Here are some important features to consider when choosing the right accounting software:
- Good interface ergonomics: It must be easy to understand and very simple to use. Online accounting solutions are becoming more and more intuitive. Therefore, it is essential to avoid choosing a commercial management software that complicates your accounting.
- Entering accounting entries: This is the main action of your accounting software and this should be done quickly so you do not waste your time on a daily basis with data input. Opt for basic data entry with the possibility to import and export your data so that you can use the figures if you are in a meeting or with your accountant who will carry out bank reconciliations more easily.
- Third-party account monitoring: It is important to stay up-to-date on transactions between your company, your partners and your employees.
- VAT return if you are concerned.
- The creation of an analytical forecast: this informs you about the possibilities of your company and gives you a long-term view of the potential development of your business.
- The ability to export accounting entries and to develop a tax package more easily.
- The dashboard gives a synthetic view of the accounting situation of the company
What are the most commonly used accounting software?
Accounting software is a tool that plays a strategic role in the decision-making process. It takes into account: production cost, ROI and margins, etc. For external partners, it is used to provide a vision of the potential evolution of your company's value: balance sheet, income statement, cash flow. Discover our accounting guides today!
Accounting softwares: Q&A
The features you need depend on your business needs. Some important features to look for include invoicing, expense tracking, bank reconciliation, financial reporting, and payroll processing. Look for software that is easy to use and offers good customer support.
Accounting helps businesses make informed decisions by providing a clear picture of their financial health. It can help improve cash flow, reduce costs, and streamline financial management. Proper accounting practices can also help businesses avoid legal and tax problems.
There are many great accounting software options on the market, including Xero, QuickBooks, and Sage. Each offers a range of features and pricing plans to suit different business needs. Consider factors like ease of use, customer support, and integrations when choosing a software.
There are several free accounting software options available, including Wave, GnuCash, and ZipBooks. While free software may not offer all the features of paid options, they can still be useful for small businesses or startups with limited budgets.
