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6 Best Manufacturing Accounting Software Solutions

Accounting software for small manufacturing businesses should have advanced inventory management capabilities along with the ability to manage labor costs, production schedules, work orders and bill of materials.
By Karrin Sehmbi
Last updated on April 5, 2024
Edited bySally Lauckner
Fact checked and reviewed

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Accounting for small manufacturing businesses is a little different than accounting software for other industries — and manufacturers need to make sure that it can accommodate these differences. In particular, you’ll likely want the software you use for your manufacturing business to be able to manage inventory accounting for raw materials, work-in-process inventory and finished goods. You’ll also probably want features that help you track and manage labor costs, create and manage product schedules, produce and track work orders and manage and customize your bill of materials.
Here are our top manufacturing accounting software recommendations.

Best Manufacturing Accounting Software Solutions

Product
Promotion
Learn more

Fishbowl

Best for Overall manufacturing accounting software

$329/month

Additional pricing tiers (per month): $429. There is also a one-time implementation fee.

N/A

Katana

Best for Manufacturing inventory management software with accounting integrations

$199/month

Additional pricing tiers (per month): $399; $899; $1,999.

14-day free trial

plus $200 monthly discount on Professional plan.

QuickBooks Enterprise

4.0/5

Best for Midsize to large manufacturing businesses

$1,481/year

Additional pricing tiers (per year): $1,922; $2,363; $4,668. Adding users or cloud access costs extra.

30-day free trial

Odoo

4.0/5

Best for Scalable accounting software for small manufacturing businesses

$0

For use of a single app. Additional pricing tiers per user (per month): $38.90, $58.40.

Monthly discount

for the first 12 months.

QuickBooks Online

on QuickBooks Online's secure website

5.0/5

Best for General accounting software with manufacturing business integrations

$30/month

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

50% off

for first three months or free 30-day trial.

on QuickBooks Online's secure website

Xero

on Xero's secure website

5.0/5

Best for General accounting software with manufacturing business integrations

$15/month

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

30-day free trial

or monthly discount (terms vary).

on Xero's secure website

Our pick for

Overall manufacturing accounting software

Fishbowl

Starting at
$329/month

Additional pricing tiers (per month): $429. There is also a one-time implementation fee.

Promotion
N/A

Our pick for

Manufacturing inventory management software with accounting integrations

Katana

Starting at
$199/month

Additional pricing tiers (per month): $399; $899; $1,999.

Promotion
14-day free trial

plus $200 monthly discount on Professional plan.

Our pick for

Midsize to large manufacturing businesses

QuickBooks Enterprise

Starting at
$1,481/year

Additional pricing tiers (per year): $1,922; $2,363; $4,668. Adding users or cloud access costs extra.

Promotion
30-day free trial

Our pick for

Scalable accounting software for small manufacturing businesses

Odoo

4.0
NerdWallet rating 
Starting at
$0

For use of a single app. Additional pricing tiers per user (per month): $38.90, $58.40.

Promotion
Monthly discount

for the first 12 months.

Our picks for

General accounting software with manufacturing business integrations

QuickBooks Online

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.

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).

Our picks for best manufacturing accounting software

Fishbowl

Best overall manufacturing accounting software
Why we like it: Fishbowl Manufacturing provides a full ERP system for your manufacturing business that directly integrates with QuickBooks Online and Xero for your accounting needs. It also integrates with a number of other third-party apps and platforms, as well, to round out your manufacturing software solution.
The software allows you to customize your bill of materials, manage work orders and labor costs and keep production plans and schedules organized. It also helps you create an efficient workflow, which is essential to running a manufacturing business.

Katana

Best manufacturing inventory management software with accounting integrations
Why we like it: Katana’s manufacturing inventory management software offers an “insights” dashboard for monitoring sales, spending, profits and other financial information as well as a Shop Floor app, which caters especially to manufacturers that need to closely track production progress. Katana’s purchase order functionality is another plus: When you create a purchase order, the software will take stock of your inventory from that particular vendor and let you know if you’re missing anything. The system even integrates with well-known accounting and e-commerce products, including QuickBooks Online, Xero, WooCommerce and Shopify.

QuickBooks Enterprise

Best for midsize to large manufacturing businesses
Why we like it: Although this is a desktop solution, QuickBooks Enterprise for Manufacturing & Wholesale can easily be hosted in the cloud (at an additional cost). This version of QuickBooks has many of the features manufacturers need, such as assemblies management, order management, bill of materials tracking and a hub for centralizing all your vendor details. Because QuickBooks Enterprise offers a wealth of advanced, industry-specific reporting and inventory management capabilities, and because costs for this product can add up quite quickly, it makes better sense for a larger, more established manufacturing business.

Odoo

Best scalable accounting software for small manufacturing businesses
Why we like it: Odoo is a network of open-source business applications that have been designed to work seamlessly together. Odoo offers an enticing pricing model that allows you use of a single Odoo app, say accounting, completely free of cost. You only begin to pay a monthly fee as you add on applications. In that way, Odoo’s software is highly scalable. Start with the accounting and manufacturing apps, then add on sales, CRM, marketing and more as your business needs evolve.
Odoo’s accounting app will fetch you all the expected functions, including automated bank reconciliation, invoice templates, automatic invoice payment reminders for your customers, online payment enablement and financial reporting. Its manufacturing app gives you access to tools for capacity planning, barcode scanning, quality control and analysis, bill of materials management and more.

QuickBooks Online

Best general accounting software with manufacturing business integrations
Why we like it: You may have been told QuickBooks Online is not a good fit for inventory-based businesses like your small-manufacturing company. On its own, this is true. QuickBooks Online has a very limited inventory feature. However, there are more than a dozen third-party applications specifically designed for small-manufacturing businesses that integrate directly with QuickBooks Online, including Fishbowl.
QuickBooks Online is supported by thousands of accountants and bookkeepers around the world, making it easy to find a provider who specializes in accounting for small manufacturers. This, combined with the ease of integration with software specifically designed for manufacturing businesses, makes it a solid manufacturing accounting solution. Read our full QuickBooks Online review.

Xero

Best general accounting software with manufacturing business integrations
Why we like it: Xero is another household accounting name with feature-rich software that can handle all your necessary accounting functions. Similar to QuickBooks Online, on its own, Xero isn’t specialized enough to serve as a singular manufacturing software solution. It does, however, offer dozens of manufacturing and inventory integrations, including Fishbowl, Katana and Cin7, to build on its strong accounting foundation and meet your manufacturing business needs. Read our full Xero Accounting review.
Billie Anne Grigg contributed to an earlier version of this article, which was first published on Fundera, a subsidiary of NerdWallet.
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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