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Best QuickBooks Alternatives for Small Businesses of October 2022

The best QuickBooks alternatives are easy to use, customizable and — in some cases — fill a specific niche.
Last updated on August 16, 2022

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QuickBooks Online has more than 5 million users globally, but this accounting product isn’t the best choice for every small business. It can be expensive, and some features, like inventory management, are available only in higher-tier plans. Additionally, users without prior accounting knowledge may experience a learning curve.
Here are the best QuickBooks alternatives for small businesses, arranged by the groups who might find them most helpful.

Best QuickBooks Alternatives for Small Businesses

Product
Best for
Starting at
Promotion
Learn more

Xero

Shop now

on Xero's website

4.5/5

Best for Businesses that need unlimited users

$12/mo

Additional pricing tiers (per month): $34, $65.

30-day free trial

Shop now

on Xero's website

FreshBooks Accounting

Shop now

on FreshBooks' website

3.5/5

Best for Freelancers and independent contractors

$15/mo

Additional pricing tiers (per month): $30, $55, custom.

50% off

for first four months or free 30-day trial.

Shop now

on FreshBooks' website

Zoho Books

4.0/5

Best for Zoho app users

$0

Additional pricing tiers (per month): $20, $50, $70, $150, $275.

14-day free trial

14-day free trial of the Premium plan.

Sage 50cloud

Best for Desktop QuickBooks alternative

$56/mo

Additional pricing tiers (per month): $92, $155.92.

40% off for the first year

Wave Accounting

3.5/5

Best for Overall best free QuickBooks alternative

$0

Free (Wave makes money via paid money management products).

N/A

NetSuite

Best for Enterprise solutions

N/AN/A

Our pick for

Businesses that need unlimited users

Xero

Read Review
Shop now

on Xero's website

Starting at

$12/mo

Additional pricing tiers (per month): $34, $65.

Promotion

30-day free trial

Pros

  • Unlimited users in all pricing plans.
  • Inventory management in all plans.
  • Full reporting included with all subscription levels.
  • Automated bill and receipt capture.

Cons

  • No live phone support.
  • Limits on bills and invoices with the entry-level plan (five and 20 monthly, respectively).

Our pick for

Freelancers and independent contractors

FreshBooks Accounting

Read Review
Shop now

on FreshBooks' website

Starting at

$15/mo

Additional pricing tiers (per month): $30, $55, custom.

Promotion

50% off

for first four months or free 30-day trial.

Pros

  • Mobile app stands out for its usability and features, like the ability to respond to clients’ questions from anywhere.
  • Intuitive, customizable invoicing capabilities compete with those of more robust accounting solutions.
  • Less expensive than some competitors.
  • Weekday phone support in all plans.

Cons

  • Limited scalability; lacks features that quickly growing companies need, like audit trails for accountants to review.
  • Each plan, except the custom pricing option, includes one user; each additional user adds $10 per month.
  • Least expensive plan lacks double-entry accounting reports, bank reconciliation and accountant access.

Our pick for

Zoho app users

Zoho Books

Starting at

$0

Additional pricing tiers (per month): $20, $50, $70, $150, $275.

Promotion

14-day free trial

14-day free trial of the Premium plan.

Pros

  • Less expensive than some competitors; free plan available for businesses with less than $50k in annual revenue.
  • Easy sharing with accountants or bookkeepers.
  • Reconciliation features help automate transaction matching and categorization.
  • Email support in free plan; 24/5 phone and chat support in paid plans.

Cons

  • Third-party app integrations are more limited than other choices.
  • No plan includes more than 15 users.
  • Offers fewer reports than some competitors.

Our pick for

Desktop QuickBooks alternative

Sage 50cloud

Starting at

$56/mo

Additional pricing tiers (per month): $92, $155.92.

Promotion

40% off for the first year

Pros

  • Inventory management features in all plans.
  • Job costing features in all plans.
  • Phone and chat support.

Cons

  • Runs on Windows operating systems only.
  • Lowest-tier plan doesn’t include audit trails.

Our pick for

Overall best free QuickBooks alternative

Wave Accounting

Starting at

$0

Free (Wave makes money via paid money management products).

Promotion

Pros

  • Free.
  • Ease of use.
  • Unlimited income and expense tracking.
  • Unlimited partners, collaborators or accountants.

Cons

  • Limited scalability; lacks features that quickly growing companies need, like audit trails and a more automated reconciliation process.
  • Free plan doesn’t include customer support with a human.
  • Offers fewer reports than some competitors.

Our pick for

Enterprise solutions

NetSuite

Starting at
Promotion

Pros

  • Can scale to accommodate larger, enterprise businesses.
  • Also offers customer relationship management, human resources, supply chain management, global business management and commerce software.

Cons

  • Pricing is not transparent.
  • Setup fee.

Our picks for best QuickBooks alternatives

Select the software name to read our review.
Our pick for: Businesses that need unlimited users
Price: 
  • Early: $12 per month.
  • Growing: $34 per month.
  • Established: $65 per month.
Xero stands out for ease of use and intuitiveness, especially for accounting novices. Its minimalist, simple design and jargon-free language are especially popular among small-business owners. Like QuickBooks Online, it's also widely used, which makes it easy to find accountants who support it. However, unlike QuickBooks Online, it doesn’t list a phone number for customer support. Instead, users can seek help online 24/7 and Xero will follow up with a call if necessary.
Our pick for: Freelancers and independent contractors
Price:
  • Lite: $15 per month.
  • Plus: $25 per month.
  • Premium: $50 per month.
  • Select: Quote only.
Unlike QuickBooks Online, FreshBooks includes inventory management in all plans — and it does so for a lower price. Its customer service, in particular, gets positive reviews across multiple platforms. One downside: Unlike other products on our list, it comes with a user limit. All plans, except the Select plan, include access for only one user; additional users cost $10 each per month.
Our pick for: Zoho app users
Price:
  • Free for businesses with less than $50,000 in annual revenue and one user.
  • Standard: $20 per month.
  • Professional: $50 per month.
  • Premium: $70 per month.
  • Elite: $150 per month.
  • Ultimate: $275 per month.
Zoho Books offers a lot of the same features as QuickBooks Online — like inventory management, invoicing, a strong mobile app and bank rules — but at a lower price. If you commit to the Zoho ecosystem, you can smoothly integrate its inventory management, CRM and other software with Zoho Books.
Our pick for: Desktop QuickBooks alternative
Price:
  • Pro Accounting: $56.08 per month for one user.
  • Premium Accounting: $92 (one user) to $211.67 (five users) per month.
  • Quantum Accounting: $155.92 (one user) to $389.67 per month (10 users).
  • For more than 10 users, contact Sage for pricing.
Sage 50cloud stands out for including solid inventory management and job costing features in all its plans. This could make it a better option for businesses with more complicated inventory needs, such as retail or manufacturing businesses, or service-based businesses that use job costing, like law firms. QuickBooks offers inventory tracking only in the Plus and Advanced plans. Since Sage 50cloud is a desktop software that runs only on Windows, it's different from all of the other cloud-based software products on our list.
Our pick for: Overall best free QuickBooks alternative
Price: Free (Wave makes money via paid money management products).
Wave delivers on most of the basics for micro businesses and self-employed entrepreneurs without requiring expensive add-ons. It’s a good alternative to QuickBooks Online if you’re on a tight budget and run a small operation, but it’s not ideal for scaling your business. Like Xero, there is no phone number available for customer support.
Our pick for: Enterprise solutions
Price: Quote-based.
NetSuite stands out for its ability to accommodate small businesses as they grow into larger businesses with in-house finance teams and more complex accounting needs, such as intercompany transaction automation and fixed asset management. The company offers a suite of other products including HR, CRM and e-commerce software solutions.
Last updated on August 16, 2022