MENU
GET LISTED
GET LISTED
SHOW ALLPOPULAR CATEGORIES

5 Most Affordable Accounting Software For Small & Medium Companies

Accounting 1While they say that the best things in life are free, some free stuff just won’t do. In the world of business accounting, many free accounting solutions, if not all, are rather limited in features and tools. While they may seem to be adequate for startups and developing enterprises, free accounting software just won’t do.

As businesses grow and evolve, so too are their needs for a reliable accounting platform. This is where paid accounting platforms come in. They carry functionalities and options you just can’t get from a freemium version. Having said that, you do not have to shell out a whole lot of money so you could purchase highly expensive accounting systems. But you do not need to be cheap either.

As most experts say, invest on the best software your money can buy as well as address your business needs. Check out our list of accounting software with low cost that works for small to medium sized businesses. In short, this article provides details about affordable accounting software for small businesses. Check them out.

Do you have a B2B product you’d like to add to our listing?
If you are a vendor and have an interesting B2B product that hasn’t yet been listed on our review platform feel free to let us know about it. You can add your product to the listing here. Our experts will be happy to prepare a detailed review of your product free of charge. Here’s an example of an accounting software review by us.

Chargebee

ChargeBee_logo

Chargebee is specifically developed as a subscription billing solution optimized with high value features that include accounting and business management tools. Ideal for developing enterprises to medium-sized businesses, Chargebee is integrated with a very functional dashboard that gives users a quick overview of their customer base as well as snapshots of their revenues.

Why is Chargebee in this list of affordable accounting software for small businesses? At the very basic level, Chargebee standard plan is pegged at $79 per month and is limited to 200 invoices, which includes the following functions and tools:

  • Credit Card Billing
  • Invoice Billing
  • Smart Dunning Management
  • Role Based Access
  • Email Notifications
  • Hosted Payment Pages
  • Customer Portal
  • Theme Gallery
  • API Access & Support
  • Reporting & Analytics
  • Third Party Integrations
  • Unlimited Trial Customers
  • Priority Email Support

ChargeBee SmartScore and Customer Satisfaction

Our B2B experts conducted a review of ChargeBee features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave ChargeBee a score of 6.9/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 100%.

ZenCash

zencash_logo

Zencash streamlines every essential invoicing and collection processes without compromising accuracy and reliability. The software automatically follow ups all issued invoices via multiple channels (emails, phone calls, notecards, etc.)  until the invoice is paid and the amount is settled. Zencash also syncs with 8 different accounting systems, making it an ideal accounting tool as well.

Zencash boasts of flexibility, excellent customer support, and great features that many would want and need from a paid billing and invoicing software. The setup is so simple and powerful that it has become a widely used billing and invoicing solution among small and medium sized enterprises.

What is so great about Zencash, apart from its features and tools, is its very flexible pricing scheme. Zencash charges $15 per customer per month with a minimum of 10 customers. Users can then easily add more customers to their package. Listed are the usual features as well as premium options you get with the ZenCash experience.

  • Connect to your Quickbooks, Xero, Freshbooks, etc.
  • Automate data entry
  • Make follow-up phone calls
  • Schedule ZenCash to send printed reminders
  • Offer integrated third-party collections
  • Send emails, including thank-you notes
  • Schedule follow-ups to happen automatically
  • Use drag and drop technology
  • Automate the process of tracking unpaid invoices
  • Connect with popular invoicing applications
  • Fast and free set-up
  • Allows you to dDecide which customers can be managed
  • Live A/R agents inside the United States

ZenCash SmartScore and Customer Satisfaction

Our B2B experts reviewed ZenCash accounting software features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave ZenCash a score of 8.4/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 95%.

Sage 50 Pro

sage50

As small businesses grow, the need for a more advanced and robust accounting software grows as well. Sage 50 Pro offers a dynamic and powerful accounting solution for small to large businesses. With Sage 50 Pro, users can work on tax-related processes like collection, tracking, and submission with utmost confidence. The tool also helps users manage cash flow and costs as well as monitor sales, expenditures, and taxes. Clients can pick from over 90 built in report templates for their presentations.Sage 50 Pro also prepares and generates invoices and quotes.

Sage 50 Pro is priced per user, with the standard bundle rated at $269 per user per year.

Listed are the tools and features Sage 50 Pro bring to the table.

  • Basic accounting
  • Invoice through mail or email
  • Monitor cash flow
  • Pay bills online
  • Excellent inventory and job management
  • Fixed assets management
  • Job/Project management
  • Vendor Management Center
  • Customer Management Center
  • Inventory and Services Management Center
  • Dig up insights in data
  • Over 100 customizable reports and financial statements
  • Sage Business Care Silver
  • Sage Advisor
  • Multi-User up to five licensed named users
  • Terminal Services

Sage 50 Pro SmartScore and Customer Satisfaction

Our B2B experts wrote a review of Sage 50 Pro functionalities, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave Sage 50 Pro a score of 7.8/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 97%.

FreeAgent

freeagent

Built for freelancers and small businesses, FreeAgent flaunts a simple platform packed with an extensive repertoire of accounting tools that will not only take care of your finances, but also help manage and track expenses, budget funds, and streamline tax-related processes. FreeAgent also boasts of a very reliable and knowledgeable customer support team that is more than ready to provide expertise for every issue and concern that arises.

When it comes to price, FreeAgent is a budget-friendly solution, thanks to its $20 per month universal rate. And for something so affordable, there is no question that users get a whole lot more.

  • Send estimates as well as proposals
  • Beautiful invoice templates
  • Customize invoices
  • Send recurring Invoices
  • Automated bank feeds
  • Give profit and loss statements
  • Do time tracking
  • Expense tracking and management
  • Timesheet reporting
  • PayPal, Stripe, GoCardless Integrations
  • Customizable sales tax rates options
  • Multi-currency invoicing
  • Balance sheet
  • Tax timeline
  • Sales tax reports
  • Configure sales taxes
  • Mobile app for iPad and iPhone
  • Multi-language support
  • Save or email invoices as PDF
  • Give your accountant access
  • Support
  • Easy invoicing
  • Expense management

FreeAgent SmartScore and Customer Satisfaction

Our B2B experts performed a detailed review of FreeAgent features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave FreeAgent a score of 6.9/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 97%.

Quickbooks Pro

Quickbooks-logo

QuickBooks Pro is a perfect accounting software for businesses that are in the brink of expansion and looking to graduate from their basic accounting platform. Developed with the small and medium businesses in mind, QuickBooks Pro is quite a simple solution that really concentrates on helping users become more productive with their financial tasks. With QuickBooks Pro, users can track sales, generate invoices, be in control with their expenses, and gain business insights.

QuickBooks Pro is offered as a desktop software for a one-time payment of  $229.95. The package includes the following features:

  • Add multiple attachments
  • Customize email templates
  • Your income-producing transactions in one spot
  • View all banking transactions
  • Track bounced checks
  • See key reports in just one click
  • Simplified customer forms
  • Customer, Vendor and Employee contact information
  • Simplified navigation
  • Calendar View
  • Lead Center
  • Document Center
  • Use report templates created by other QuickBooks users
  • Customer Snapshot
  • Memorized Transactions
  • Save worksheet formatting when you export to Excel
  • Professional looking invoices and forms
  • Track sales, sales taxes, and customer payments
  • Send invoices and estimates from Yahoo!, Gmail, or Hotmail
  • Track inventory, set reorder points, and create purchase orders
  • Create and print deposit slips
  • Print checks, pay bills, and track expenses
  • Company Snapshot
  • Report Center
  • Import from Excel or other email address books
  • Up to 3 users at the same time
  • Individual user permissions
  • Create a copy for your accountant
  • Import from Excel, Quicken, Microsoft Office Accounting, and older QuickBooks versions
  • Download bank and credit card transactions
  • Pay W-2 employees and file payroll taxes

QuickBooks Pro SmartScore and Customer Satisfaction

full review of QuickBooks Pro features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave QuickBooks Pro a score of 9.0/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 98%.

James Anthony

By James Anthony

A senior FinancesOnline writer on SaaS and B2B topics, James Anthony passion is keeping abreast of the industry’s cutting-edge practices (other than writing personal blog posts on why Firefly needs to be renewed). He has written extensively on these two subjects, being a firm believer in SaaS to PaaS migration and how this inevitable transition would impact economies of scale. With reviews and analyses spanning a breadth of topics from software to learning models, James is one of FinancesOnline’s most creative resources on and off the office.

Leave a comment!

Add your comment below.

Be nice. Keep it clean. Stay on topic. No spam.

TOP

Why is FinancesOnline free? Why is FinancesOnline free?

FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.