7 Top Free Accounting Software For Small Businesses 2023

As a small business owner, keeping track of your finances is crucial to the success of your business. However, managing your accounting can be a daunting task, especially if you're doing it manually. Fortunately, with the rise of technology, there are now many accounting software options available to help small businesses manage their finances more efficiently.

The top accounting software for 2023

1. Wave

Wave is a popular free accounting software designed for small businesses with less than ten employees. It offers features such as invoicing, expense tracking, and financial reporting. Wave's user-friendly interface makes it easy for small business owners to navigate through the software without any prior accounting experience.

Pros: Free to use, easy-to-use interface, and supports multiple currencies.

Cons: Limited customer support options.

2. ZipBooks

ZipBooks is a cloud-based accounting software that offers features such as time tracking, invoicing, and project management. ZipBooks also has a mobile app, making it easy to track your finances on-the-go.

Pros: Free to use, user-friendly interface, and mobile app available.

Cons: Limited customer support options.

3. GnuCash

GnuCash is an open-source accounting software that offers features such as invoicing, expense tracking, and financial reporting. GnuCash also has a community forum, making it easy to get support from other users.

Pros: Free to use, open-source, and offers advanced features.

Cons: Steep learning curve, and not as user-friendly as other software options.

4. Manager

Manager is a free accounting software that offers features such as invoicing, expense tracking, and financial reporting. Manager also offers a mobile app, making it easy to manage your finances on-the-go.

Pros: Free to use, user-friendly interface, and mobile app available.

Cons: Limited customer support options.

5. SlickPie

SlickPie is a cloud-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. SlickPie also offers automated data entry, making it easy to manage your finances without spending hours on manual data entry.

Pros: Free to use, user-friendly interface, and automated data entry.

Cons: Limited customer support options.

6. Xero

Xero is a cloud-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. Xero also has a mobile app, making it easy to track your finances on-the-go. Xero offers a free 30-day trial, after which you will have to subscribe to one of their pricing plans.

Pros: Advanced features, user-friendly interface, and mobile app available.

Cons: Subscription-based pricing, and not completely free.

7. QuickBooks Online

QuickBooks Online is a cloud-based accounting software that offers features such as invoicing, expense tracking, and financial reporting. QuickBooks Online also has a mobile app, making it easy to manage your finances on-the-go. QuickBooks Online offers a free 30-day trial, after which you will have to subscribe to one of their pricing plans.

Pros: Advanced features, user-friendly interface, and mobile app available.

Cons: Subscription-based pricing, and not completely free.

While all of these free accounting software options are great for small businesses, it's important to choose the one that best meets your business's unique needs. At Handle Business Services, we can help you choose and implement the best accounting software for your business. Additionally, our experienced team can provide bookkeeping and accounting services to ensure that your finances are in order. Contact us today to learn more.