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Best Farm Accounting Software of 2024

Farm accounting software should help you easily track and manage livestock and crops as well as help you prepare your Schedule F tax form, in addition to more general accounting functions.
By Karrin Sehmbi
Last updated on April 5, 2024
Edited bySally Lauckner
Fact checked and reviewed

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Running your farm is hard work. After a long day out in the fields or in the barn, the last thing you want to think about is your small-business accounting software. Fortunately, software designed specifically for your industry can ease the burden by automatically reconciling your transactions and helping you to easily track mileage and expenses; manage your livestock, crops and other inventory; and file your Schedule F tax form.
The farm accounting software products that make our list can help you with these tasks and more.

Best Farm Accounting Software

Product
Promotion
Learn more

Xero

Learn more

on Xero's secure website

5.0/5

Best for General accounting software with farm software integration

$15/month

Additional pricing tiers (per month): $42, $78.

30-day free trial

or monthly discount (terms vary).

Learn more

on Xero's secure website

QuickBooks Online

Learn more

on QuickBooks Online's secure website

5.0/5

Best for General accounting software with farm software integration

$30/month

Additional pricing tiers (per month): $60, $90, $200.

50% off

for first three months or free 30-day trial.

Learn more

on QuickBooks Online's secure website

FarmRaise

Best for Overall farm accounting software

$40/month

40% off

monthly membership for under-resourced or beginning farmers.

Farm Biz

Best for Simple farm accounting software

$249

One-time fee.

N/A

FarmBooks

Best for Farm accounting reporting capabilities

$495

0ne-time fee.

N/A

Traction

Best for Complete farm management software

$950/year

Additional pricing tiers (per year): $1900, $3,800.

30-day free trial

Our picks for

General accounting software with farm software integration

Xero and QuickBooks Online are well-known, well-regarded names in accounting software. Both offer robust cloud-based accounting tools that enable you to send invoices; collect payment; track inventory, projects and expenses; create reports, including the standard profit and loss statement, balance sheet and aging reports; and view your business financials in an all-up dashboard. For more industry-specific tracking and reporting features, you can integrate both products with Figured, farm-specific financial planning and reporting software.

Learn more

on Xero's secure website

Starting at
$15/month

Additional pricing tiers (per month): $42, $78.

Promotion
30-day free trial

or monthly discount (terms vary).

QuickBooks Online

Learn more

on QuickBooks Online's secure website

Starting at
$30/month

Additional pricing tiers (per month): $60, $90, $200.

Promotion
50% off

for first three months or free 30-day trial.

Our pick for

Overall farm accounting software

FarmRaise

Starting at
$40/month
Promotion
40% off

monthly membership for under-resourced or beginning farmers.

Our pick for

Simple farm accounting software

Farm Biz

Starting at
$249

One-time fee.

Promotion
N/A

Our pick for

Farm accounting reporting capabilities

FarmBooks

Starting at
$495

0ne-time fee.

Promotion
N/A

Our pick for

Complete farm management software

Traction

Starting at
$950/year

Additional pricing tiers (per year): $1900, $3,800.

Promotion
30-day free trial
Last updated on April 5, 2024

Methodology

NerdWallet independently reviews accounting software products before determining our top picks. We collect the data for our software ratings from products’ public-facing websites and from company representatives. Information is gathered on a regular basis and reviewed by our editorial team for consistency and accuracy.
NerdWallet’s accounting software ratings favor products that are easy to use, reasonably priced, have a robust feature set and can grow with your business. The best accounting software received top marks when evaluated across 10 categories and more than 30 subcategories. Learn more about how we rate small-business accounting software.
These ratings are meant to provide clarity in the decision-making process, but what’s best for your business will depend on its size, growth trajectory and which features you need most. We encourage you to research and compare multiple accounting software products before choosing one.
NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.
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