10 Best QuickBooks Alternatives (Free & Paid) (2024)

Overall Score: 4.40 / 5

Read our Zoho Books review

Read our Zoho Books review

Visit Zoho Books

• Free: Includes one user plus one accountant and up to 1,000 invoices per year for businesses with $50,000 or less in annual revenues
• Standard: $20 per month for up to three users and 5,000 invoices
• Professional: $50 per month for up to five users and unlimited invoices
• Premium: $70 per month for up to 10 users and unlimited invoices
• Elite: $150 per month for up to 10 users
• Ultimate: $275 per month for up to 15 users and unlimited invoices

Free trial: 14 days for any paid plan

Add-ons:

• Additional users: $3 per user, per month
• Receipts scanning: $10 for 50 scans per month
• Snail mail credits for sending invoices: $2 per credit

Zoho Books is our overall best QuickBooks alternative because it’s similar to QuickBooks Online but has a more functional mobile app. Among its many useful features are the ability to receive payments, send invoices, record time worked, capture expense receipts, and view reports from your mobile app.

It also has a flexible pricing model ideal for scalability and growth. Unlike QuickBooks Online, if you think a certain Zoho Books plan’s features are enough for your needs, you don’t need to upgrade to get more users. Instead, you can pay for additional seats at an affordable price of $3 per user, per month.

In our evaluation, Zoho Books aced our mobile app and integrations categories and also scored high for its available reports. However, it took a hit in pricing because the Professional plan at $50 per month is required to use accounts payable (A/P) features. In comparison, QuickBooks charges $60 per month for its Essentials plan, which lets you manage and auto-pay bills.

Also, although Zoho Books offers a 14-day free trial, it doesn’t offer a discount for new customers. QuickBooks, on the other hand, offers a choice of a 30-day free trial or 50% off for the first three months. It also didn’t score as well for its customer support, mainly because it offers only email support for Free users, requiring you to upgrade to a paid plan for all forms of customer support. QuickBooks Online offers plenty of customer support options, including phone, email, live chat, and chatbot.

Additionally, because Zoho Books is a complicated program with some features that are hidden within each other, it can be difficult to navigate, so it lost points for its ease of setup and use. Although there may be a learning curve for some users, QuickBooks Online is relatively easy to use and scored high for both ease of use and setup.

• Is more affordable than other similar accounting software, especially considering its extensive feature set
• Can track unpaid bills and set up recurring expenses to streamlined periodic payments
• Offers a robust mobile app that enables you to send invoices, accept payments, and view reports on the go
• Lets you call customer support directly with any paid plan, a feature that is rarely offered by software providers, but Zoho Books has limited customer support with the free plan, which offers only email support
• Allows you to reconcile bank accounts through bank feeds or by manually uploading bank statements

• Those who need mobile accounting: The platform tops our list of the leading mobile accounting apps. Its app lets you enter bills, assign expenses to customers and projects, categorize expenses in the bank feed, record time worked, and view reports, making it ideal for QuickBooks users seeking a more capable mobile app.
• Zoho users: Staying within the Zoho environment is ideal for seamless and fast integration. If your business is already using other Zoho products, we highly recommend choosing Zoho Books over QuickBooks Online.
• Freelancers seeking project accounting software: With Zoho Books’ Free plan, businesses with less than $50,000 in annual revenues can enjoy the free plan, which includes useful features for freelancers like creating and sending invoices, tracking time and project expenses to include on invoices, and the ability to manage all your clients in one place.
• Growing businesses: Zoho Books has six pricing tiers that can scale up to 15 users. If you need more, you can add additional seats at $3 per user, per month. Zoho Books wins over QuickBooks Online in scalability.

Overall Score: 2.49 / 5

Read our Wave review

Read our Wave review

Visit Wave

Wave offers a free plan (Starter) and a paid subscription option (Pro) that costs $16 per month when billed monthly or $170 per year when billed annually. The free plan includes features, such as income and expense tracking, invoicing, and a mobile app.

With the free plan, you can purchase the following add-ons:

• Credit card payments for 2.9% plus 60 cents per transaction or 3.4% plus 60 cents per AMEX transaction
• Receipt scanning through its mobile app for $8 per month
• Bookkeeping support through Wave Advisor for $149 per month
• Assisted payroll services through Wave Payroll for $40 per month for tax service states and $20 per month for self-service states

Wave received a perfect score in pricing because it has a free version for accounting and invoicing, unlike QuickBooks Online, which doesn’t offer a free plan. It is also ideal for businesses that don’t require complex accounting software because of its excellent ease of use. Because of that, it also earned high marks for its general features.

Wave’s limitations with accounts receivable (A/R) and A/P affected its scores, mainly because it doesn’t allow you to create a recurring transaction directly from a bill, create recurring expenses, or create and send purchase orders—all features that QuickBooks Online offers. It also doesn’t allow you to combine multiple checks in a single deposit, issue a credit memo, or add tracked expenses to an invoice, also features that are available with QuickBooks.

Because of its poor bank reconciliation feature and inability to print checks and connect bank accounts in the free plan, it also scored low in banking. However, the free plan does allow you to upload your banking transactions from a CSV file. Its inventory and project features are almost non-existent, so it took a hit there as well. While the platform is fairly easy to use, its mobile app and integrations are lacking. These are all features that QuickBooks Online offers, as well as the ability to track using classes and locations.

Note that it has limited customer service with its free plan. Your only support is the self-help resources available on the Wave’s website and an automated chatbot. If you need access to email and live chat support, you need to upgrade to the paid plan.

See our article on Wave vs QuickBooks for a more in-depth comparison.

• Enables you to add sales tax to invoices, bills, and estimates
• Lets you set up customer profiles to track the status of invoices
• Is easy to set up and use, with a user-friendly interface
• Has optical character recognition (OCR) with receipt scanning
• Makes it easy to record a bill and manage unpaid bills

• Businesses that don’t need complex accounting software: Wave is best for those with basic accounting needs, like income and expense tracking and invoicing. It doesn’t offer premium features like project accounting, time tracking, and inventory management.
• Entrepreneurs with multiple businesses: Wave’s software can be used for managing multiple companies because it allows you to add an unlimited number of businesses into one account. It also has impressive reporting capabilities.
• Receipt scanning: The provider charges $8 per month or $72 annually for unlimited receipt scans via the mobile app.

Overall Score: 3.27 / 5

Read our FreshBooks review

Read our FreshBooks review

Visit FreshBooks

FreshBooks plans include one user regardless of the plan. However, more users can be added:

• Lite: $19 per month for five billable clients
• Plus: $33 per month for 50 billable clients
• Premium: $60 per month unlimited billable clients
• Select: Custom pricing for unlimited billable clients and specialized features

New users get 70% off for three months.

Add-ons:

• Additional team members: $11 per person, per month, in all plans
• Advanced payment options: $20 monthly in Plus and Premium; included in Select
• Gusto Payroll: Starts at $40 per month

Service providers can easily track time spent on projects and quickly add that billable time to client invoices with FreshBooks, which also has a built-in time tracker, making the invoicing process even more seamless. Everything about the platform is designed for ease of use, which results in some features being fantastic for new business owners, albeit a bit confusing for experienced bookkeepers.

For instance, expenses cannot be assigned to particular checking or credit card accounts. Instead, the system compares entered expenses to all live bank feeds to determine which account the expense was paid from. This is unique among all the bookkeeping software we’ve looked at—including QuickBooks—but makes for a very simple way to enter expenses for non-bookkeepers.

FreshBooks has a solid mobile app that lets you perform many of the same functions as the desktop interface except assigning expenses to projects. It also integrates with more than 70 software programs, earning it a perfect score for integrations.

Meanwhile, it didn’t score very well for its pricing because its plans are priced for one user only, with additional seats costing $11 per user, per month. It also didn’t perform well in banking because you can’t reconcile bank statements unless you connect to your bank account, while QuickBooks lets you reconcile with or without a bank connection. FreshBooks does have decent project accounting features, however, including the ability to create estimates and compare estimated costs versus actual costs.

It scored better for A/R and A/P, but it received a very low mark for inventory, mainly because while you can set up inventory descriptions to be added to bill easily, there’s no way to track the number of items on hand, the value of the available stock, and the cost of the inventory sold. QuickBooks, on the other hand, lets you perform all of these functions. You can also track using classes and locations as well as record fixed assets with QuickBooks Online.

It’s not the easiest program to set up, so it took a hit in that category, as well as its customer service. It does have solid tax and general reporting features, however, and it can track sales tax—although you must set up the sales tax for each jurisdiction manually where you’ll be paying tax.

• Is an affordable option for small businesses with a single user on a limited budget
• Offers excellent invoice customization features
• Is easy and simple to use for freelancers and business owners without an accounting background
• Includes unlimited invoices in all plans

• Freelancers and do-it-yourself (DIY) business owners: If you want to DIY bookkeeping to save money, FreshBooks is easy to use even if you don’t have an accounting background. By familiarizing its modules, you can easily learn how to navigate around FreshBooks.
• Service-based businesses: Since FreshBooks doesn’t have inventory features, its project accounting features suit service-based businesses, especially those that bill by the hour. With FreshBooks’ built-in time tracker, you can easily track time, bill clients, and monitor project income and expenses.

Overall Score: 4.07 / 5

Read our Xero review

Read our Xero review

Visit Xero

Xero has three pricing plans that include unlimited users:

• Early: $15 per month for 20 invoices and five bills
• Growing: $42 per month for unlimited invoices and bills
• Established: $78 per month for unlimited invoices and bills, plus multicurrency, receipt capture, and project tracking

Free trial: 30 days

Xero is one of QuickBooks Online’s toughest competitors worldwide. To compare, QuickBooks Online’s highest plan is $200 per month for up to 25 users while Xero’s highest plan is only $78 per month for unlimited users. If your business doesn’t need QuickBooks Online Advanced but wants more users, we recommend choosing Xero because it is more affordable and has no user limit.

It also has a built-in fixed asset manager that will calculate and track depreciation expense for each piece of equipment automatically. That is something QuickBooks Online can’t do.

In our review of Xero, we found that it performed especially well for its general accounting features, where it received a perfect mark, and nearly perfect scores for its A/R and A/P features. It also scored high for banking, inventory management, and reporting because it offers all or most of what you would look for in these areas, like adding inventory to invoices and calculating cost of goods sold (COGS) automatically—two features that QuickBooks Online lacks. It also aced our evaluation of integrations, with more than 100 apps available in the Xero App Store.

Xero beats QuickBooks Online in terms of pricing, and it also has no user limit, which makes it more scalable and flexible than QuickBooks Online. It also lets you compare actual and budget project costs, a feature that QuickBooks Online lacks. Xero’s fixed asset manager is unique to this guide, as it is the only provider that allows you to record the sale and depreciation of fixed assets. This is only possible with QuickBooks Online if you record a manual journal entry.

However, Xero fell short in customer service, with only a chatbot, email, and self-help information available to its users. While Xero does have an advisor network, it is small compared to the QuickBooks ProAdvisor Network. It also is difficult to set up without some accounting knowledge, so Xero took a hit in ease of setup. In addition, its mobile app is basic, letting you send invoices and categorize expenses but not receive payments from customers or generate reports. If you’re seeking accounting software that excels in these areas, we recommend Zoho Books.

• Has outstanding project accounting and fixed asset tracking features
• Offers scalable plans for growing businesses
• Features inventory and COGS tracking
• Has an extensive network of Xero Advisors

• Large accounting teams: With Xero, you don’t have to worry about user limits. You can add all members of the accounting team within Xero.
• Fixed asset management: Xero is the only software on this list with a dedicated fixed asset manager, which can help manage fixed asset information and depreciation schedules. We recommend getting Xero if you need to manage multiple fixed assets.
• Project accounting: Xero has one of the best project accounting features of the providers in this guide. In our evaluation, it aced this category because it can track and compare costs, assign income and expense to projects, and create project estimates.

Overall Score: 3.80 / 5

Read our Sage 50 review

Read our Sage 50 review

Visit Sage 50cloud

There are three pricing plans to choose from, though custom pricing is available for 11 users and up:

• Pro Accounting: $58.92 per month for one user only
• Premium Accounting: $96.58 to $222.25 per month for one to five users
• Quantum Accounting: $160 to $409.17 per month for one to 10 users

The provider currently offers a 40% discount for new customers for the first year.

You can evaluate Sage 50 by clicking “Take a test drive” on its website, which will allow you to access a hosted version of it with sample data.

Consolidation of multiple companies can be difficult if performed manually but, with Sage 50, parent companies can consolidate financial statements easily in a few clicks. The software also has advanced budgeting tools and ASC 830/FAS 52 compliance for foreign currency transactions and foreign currency translation.

If Sage 50 doesn’t fit your needs, check out our Best QuickBooks Desktop Alternatives for a few additional desktop software options.

In our evaluation, Sage 50 excelled with its A/P and A/R features as well as for project accounting and reporting, where it earned nearly perfect scores for its ability to assign project costs and set project estimates. It aced our evaluation of integrations because it integrates with more than 115 third-party applications in several categories, though QuickBooks Online offers more than 750 integrations.

Sage 50 also scored relatively high for inventory management and customer service, mainly because it is available 24/7 for phone and online chat support. However, it received one of the lowest marks in this guide for pricing because it is more expensive than its competitors, especially if you have more than one user.

It also took a big hit for its mobile app, which can only capture receipts but not send invoices or enter bill payments. Meanwhile, QuickBooks Online received an above-average score for its mobile app. Also, it has a steep learning curve and a difficult setup process, so its score was docked in the ease of setup and use categories while QuickBooks Online earned near-perfect scores.

• Has industry-specific features for construction, manufacturing, and distribution
• Has serial number tracking for inventory
• Features audit trails
• Lets you choose between first-in, first-out (FIFO) and last-in, first-out (LIFO) inventory
• Offers multicompany accounting, including consolidations

• Multicompany accounting: If your organization owns several businesses or companies, Sage 50 is a good choice for creating consolidated financial statements. This feature is something that QuickBooks Online can’t do.
• Businesses looking for special accounting features: Aside from consolidation, Sage 50 has job costing features that can help with accounting for costs on a per-job level.
• Businesses looking for built-in payroll: Sage 50 includes payroll in the subscription unlike in QuickBooks Online, where you need to get QuickBooks Payroll for an additional cost.

Read our QuickBooks Self-Employed review

Read our QuickBooks Self-Employed review

Visit QuickBooks Self-Employed

• Self-Employed: $20 per month
• Self-Employed Tax Bundle: $30 per month
• Self-Employed Live Tax Bundle: $40 per month

We include QuickBooks Self-Employed on this list because it is a great fit for self-employed individuals who want to track income and expenses to file a tax return. While still a QuickBooks product, it is completely separate from—as well as much less expensive than—QuickBooks Online.

QuickBooks Self-Employed is especially good for individuals without a separate bank account for their business transactions as it has a feature to separate business and personal expenses.

QuickBooks Self-Employed wasn’t rated in this evaluation because of its inability to track assets and liabilities. However, its pricing is very affordable as it ranges from $20 to $40 per month. The platform includes many useful features like the ability to generate and track invoices, track mileage, and export your Schedule C to TurboTax. It also assists with calculating your quarterly federal tax payments and paying them from QuickBooks.

As compared to QuickBooks Self-Employed, QuickBooks Online has many more useful features, such as the ability to track using classes and locations, track inventory costs and units, and determine the COGS. You can also record a fixed asset in QuickBooks Online and assign labor and inventory to projects. The closest solution to QuickBooks Online that offers these capabilities is QuickBooks Desktop.

• Lets you categorize income and expenses as business or personal with a single swipe
• Classifies income and expenses using categories that align with the IRS Schedule C
• Offers a mobile accounting app that lets you perform basic tasks like sending invoices and tracking mileage
• Calculates mileage deductions automatically for every work-related trip

• Individuals who pay self-employed taxes: It can help self-employed individuals file taxes. In QuickBooks Self-Employed, you can file state and federal tax returns with TurboTax.
• Freelancers who use the same bank account for personal and business use: QuickBooks Self-Employed lets you categorize personal and business transactions from within the app. This feature can help you keep track of items that should or should not be included in tax returns.
• Individuals who prefer easy-to-use software: Since QuickBooks Self-Employed is not a full accounting software, it’s easier to use than QuickBooks Online. It’s perfect for freelancers who don’t have to track A/R and A/P.

Overall Score: 4.50 / 5

Read our Invoicera review

Read our Invoicera review

Visit Invoicera

• Starter: $19 per month for one user and up to 100 clients
• Business: $49 per month for 10 users and up to 1,000 clients
• Enterprise: $99 per month for 20 users and up to 2,500 clients
• Infinite: $149 per month for unlimited users and clients

Free trial: No credit card is needed to access the 15-day free trial, and you can upgrade or cancel your subscription at any time.

We selected Invoicera as the best standalone invoicing software as an alternative to QuickBooks because its features can be customized to the needs of your business. It offers a comprehensive set of invoicing features that allow you to create custom invoices, automate recurring billing, manage expenses, and handle multiple currencies.

It provides customizable invoice templates and multiple payment gateway integrations, and it supports various payment methods, making it suitable for businesses of different sizes and industries. However, it has no live bank feeds or other essential bookkeeping features like paying bills or reconciling your account, features that QuickBooks does offer.

In our assessment, Invoicera excelled in invoicing features and customization. For businesses with intricate billing workflows, it provides the flexibility to establish personalized invoice approval processes. This enables efficient review, authorization, and approval of invoices by team members before being finalized and sent to clients or customers for payment. Additionally, it aced our mobile app category.

Of course, there are areas where it could improve. A free plan or a discount for new customers, a feature offered by other software such as Zoho Invoice and Square Invoices, could enhance its pricing strategy. Furthermore, it faces challenges in ease of use as it lacks comprehensive bookkeeping capabilities unless it is integrated with software like QuickBooks Online.

• Has completely customizable invoices; such as add your logo and create a personalized message for clients
• Offers a mobile app that lets you send invoices
• Features a built-in time tracker lets you log work hours of staff members
• Enables you to track credit memos and adjust affected amounts
• Lets you create new projects and track project status and updates

• Businesses looking for dedicated invoicing software: Invoicera is a great choice if you’re seeking a dedicated invoicing solution without any bookkeeping tasks involved. Check out our list of the top-rated invoicing software if you’re considering other options.
• Service providers that charge by the hour: Invoicera allows you to track billable hours, convert them to invoices, and send them to your clients.
• Project-based businesses: Invoicera lets you create and manage projects assigned to customers or staff, and log time that you can then bill to clients. Invoicera also integrates with Basecamp, which allows you to upload your Basecamp clients, staff, and project to your Invoicera account.

Overall Score: 4.45 / 5

Read our Zoho Invoice review

Read our Zoho Invoice review

Visit Zoho Invoice

We selected Zoho Invoice as the best free standalone invoicing software because, despite being free, it offers a wide range of invoicing features that are crucial for businesses. It allows users to create and send professional invoices and supports multiple currencies and tax regulations.

Also, it has a clean and intuitive user interface, and the dashboard provides an overview of key financial information, helping businesses stay organized. Zoho Invoice may lack built-in accounting features, but it integrates with Zoho Books for bookkeeping capabilities. It also provides a client portal where you can share invoices, estimates, and statements with clients.

Despite being a free tool, Zoho Invoice received high ratings for its invoice customization and overall invoicing features. However, it faced some usability concerns, as it requires integration with Zoho Books to unlock access to accounting features. In comparison, QuickBooks doesn’t require an integration and doesn’t have any usability concerns.

Furthermore, Zoho Invoice fell short in terms of customer support lacking options for direct contact via phone or live chat. If prioritizing robust customer support is crucial, we suggest considering FreshBooks, where you can engage with a live agent directly through phone communication.

• Lets you create and send quotes to existing and potential customers
• Tracks business-related expenses, such as mileage
• Enables you to add custom fields to invoices to capture unique information
• Has several different invoice templates to choose from

• Zoho users: Zoho offers access to its whole suite of products, and you can integrate Zoho Invoice with Zoho Books, which we selected as the overall best accounting software for freelancers. You can also integrate Zoho Invoice with Zoho CRM, Zoho Expense, and Zoho Projects.
• Businesses seeking faster invoicing: Zoho Invoice is available as a mobile app to help you send invoices when you’re on the road. It is one of our leading mobile accounting apps because of its easy-to-use interface and integration with the Apple Watch.
• Service providers: If you offer a professional service, such as graphic design or accounting, or a professional service like pool maintenance, Zoho Invoice can accommodate your type of business. You can use the timesheet feature to track employee time by client to bill later.
• Businesses billing clients by project: Zoho Invoice lets you create multiple projects per customer and assign time and expenses by project. Once assigned to projects, you can include these expenses as part of client billings.

Overall Score: 4.52 / 5

Read our Square Invoices review

Read our Square Invoices review

Visit Square Invoices

Square Invoices offers a free and paid version ($20 per month) of its invoicing software. The processing rate for online payments changes based on whether you’re using the base software or the Plus version:

• Square Invoices Free: 3.3% plus 30 cents per transaction
• Square Invoices Plus: 2.9% plus 30 cents per transaction

Free trial: Users can upgrade to Plus anytime, and Plus has a free 30-day trial.

Square Invoices is an excellent invoicing solution for smaller businesses and individuals as it’s free and easy to use, although it’s not the most robust invoicing solution on the market. It allows you to set up customer profiles with stored payment information and provides automations for reminders and estimate conversions.

We selected Square Invoices as the best for businesses processing infrequent transactions because while its rates are transparent and predictable, they aren’t the lowest on the market. Also, you can offer your customers flexible payment options, including buy now, pay later (BNPL), and ACH processing. Square Invoices also integrates with other Square products, such as Square POS and Square Payments.

Square Invoices received a perfect mark for invoice customization, as there are many ways to customize your invoices to your needs. It lets you select from different templates, change the invoice colors, edit the invoice fields, and upload your company logo to make your invoice look more professional. It also received perfect scores for its invoicing features, pricing, and mobile app. It could have aced customer service if it offered support via email.

It took a hit for ease of use because it is not that intuitive to navigate and requires accounting software integration. In addition, since it is dedicated solely to invoicing, it lacks essential accounting features, such as expense tracking and bank reconciliation. If you’re seeking bookkeeping features alongside invoicing, you might want to check out more powerful software like Zoho Books.

Another consideration is access to a network of experts, which Square Invoices lacks. QuickBooks Online users have access to QuickBooks ProAdvisors. However, Square Invoices offers a BNPL option, while QuickBooks Online does not.

• Lets you set up customer profiles with stored payment information, forms, notes, and more
• Features automations for estimate conversion, reminders, and more
• Offers flexible payment options, including BNPL and automated clearing house (ACH) processing
• Has a forever-free plan

• Current Square POS users: If you’re currently using Square’s point-of-sale (POS) system, Square Invoices will integrate with it seamlessly. This integration allows you to manage your invoicing along with other aspects of your operations, creating a cohesive and streamlined workflow.
• Individuals and small businesses with low-volume or infrequent sales: While Square’s rates are transparent and predictable, they aren’t the lowest on the market. Therefore, it is best if you only have a limited number of sales to minimize these fees.
• Project-based and wholesale businesses: Square Invoices lets you create and send contracts and estimates, which helps you avoid potential difficulties with clients. You can also track invoices and payments as well as collect signatures.

Overall Score: 3.78 / 5

Read our TimeTracker by eBillity review

Read our TimeTracker by eBillity review

Visit TimeTracker

TimeTracker offers two subscriptions. The basic plan comes with employee scheduling and time tracking functionalities, while the Premium package has additional invoicing, job costing, expense tracking, and online payment tools:

• TimeTracker: $15 base fee plus $9 per user, per month
• TimeTracker Premium: $25 base fee plus $15 per user, per month

Free trial: 14 days

We consider TimeTracker to be the best invoicing software for professional service firms because it offers a flexible solution for tracking and managing timesheets, creating staff schedules, billing clients, and monitoring projects. You can also plan project schedules and set employee costs and client billing rates.

Invoices can be generated using data from tracked hours and billable expenses. What’s more, the platform has a client portal where customers can view outstanding invoices, pay bills online, and check completed projects.

TimeTracker by eBillity is ideal for lawyers, accountants, engineers, and other professional service firms because it provides an invoicing option integrated with powerful time tracking features. These functions are a good fit for professional service firms since billable hours are the primary item on invoices.

What sets the solution apart from other invoicing options on this list is that it can track billable hours that have been written off—a feature that even QuickBooks lacks. A billable realization report shows the billable hours sent to clients versus those that have been written off, which is a crucial report to gauge the productivity of your professionals and the profitability of your firm.

TimeTracker also scored high for its customization features and mobile app. In addition, it allows you to bill your clients directly from time entries and billable expenses—which is great for businesses that offer services billed by the hour or project. To help you speed up payment collection, you can add payment links to your invoices, which your clients can use to conveniently process their payments.

• Features “On the clock” tracking, which captures and maps an employee’s location while clocked in
• Lets employees log actual hours worked and take breaks by using clock in/out and “Take a Break” buttons
• Offers GPS tracking and geofencing, allowing you to verify and monitor your field employees’ location through GPS coordinates
• Lets you create daily, weekly, or monthly schedules and easily share them with your team through the app and via email

• Law firms looking for a time tracking solution with built-in legal features: TimeTracker integrates with LawBillity, which helps you to accurately track time as you handle your clients’ legal matters. It can convert billable hours and expenses into invoices that are exportable in Legal Electronic Data Exchange Standard (LEDES) and Legal Solutions Suite (LSS) file formats. You can opt to be paid online or to apply the clients’ payments to your invoices from trust accounts.
• Remote teams with limited internet connectivity: TimeTracker will continue to log hours even when you’re offline, provided you’re using its mobile apps. It will synchronize the time data to your account once the internet connection has been restored.
• Professional service firms and freelancers tracking billable hours: TimeTracker has an online timer that you can easily start and stop as you work on projects. Hours that you tag as billable can be used to generate invoices to bill clients.

5%

Pricing

53%

Accounting Features

10%

Customer Service

5%

Mobile App

20%

Ease of Setup & Use

7%

User Reviews

• General: General features include being able to add basic company information, record a fiscal year-end, close the books for prior periods, and restrict the rights of additional users.
• Banking: Important features within banking include the ability to connect a bank account so that the transactions transfer automatically and to reconcile accounts.
• A/P: The main criteria in A/P is that you can manage vendor names, track unpaid bills, and then record the payment when made.
• A/R:Software should be able to email and print invoices that are customizable with the option to add a company logo.
• Inventory: Good bookkeeping software must keep track of both the cost of inventory on hand as well as the COGS.
• Project accounting: Ideally, the software should allow the company to produce estimated costs for a project and then assign actual costs to the project for comparison.
• Tax: Users should be able to designate which items on an invoice are subject to sales tax, track the sales tax liability, and then record a sales tax payment.
• Reporting: Most importantly, software should produce a balance sheet and income statement that compare current period numbers to prior period numbers. Additionally, points are awarded for a list of 13 reports we think are important.
• Integrations: We look for easy-to-use two-way integrations for processing payroll, tracking time, receiving payments electronically, and paying your bills electronically from within the bookkeeping software.

• Ease of setup: This requires the software to allow users transitioning from other bookkeeping software to import their chart of accounts (COA), vendors, customers, service items, and inventory items. Ideally, there will be a wizard to walk the user through the import process.
• Ease of use: This includes the layout of the dashboard and if new transactions can be initiated from the dashboard, rather than having to navigate to a particular module. Other factors considered are user reviews specific to ease of use and a subjective evaluation by our expert of both the UI and general ease of use.

10%

Pricing

25%

Customization

25%

Invoicing Features

10%

Ease of Use

5%

Mobile App

15%

Customer Support

10%

User Reviews