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Software directory

Accounting Software

Track income, expenses, invoices, and taxes — what businesses graduate to from spreadsheets.

Not sure what you need?

What to look for

Popular options (our independent take)

Neutral positioning to help you shortlist — not sponsored, no affiliate links. Product names are trademarks of their owners; Toolwise isn't affiliated with them.

QuickBooks Online

Best for: The US small-business default — deep features and most accountants know it.

Watch out: Costs more; can be more than a solo operator needs.

Xero

Best for: Clean interface, strong for service businesses, generous on users.

Watch out: A few US-specific features trail QuickBooks.

Wave

Best for: Free core accounting + invoicing for very small businesses.

Watch out: Fewer integrations; payroll/payments are paid add-ons.

FreshBooks

Best for: Invoicing-first — a favorite of freelancers and small agencies.

Watch out: Lighter on full double-entry depth.

Do you even need software yet? Solo or early-stage and mostly need income/expense tracking and a P&L? A spreadsheet is cheaper and simpler — see spreadsheet vs accounting software. Read the full comparison →
Free first

Free Toolwise tools for this

Run the numbers before you pay for software.

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Self-Employed Tax Calculator

Estimate self-employment tax, set-aside, and quarterly payments

Free · instant · no signup
Free tool

Profit Margin Calculator

enter revenue and cost to instantly see gross profit, profit margin %, and markup %

Free · instant · no signup
Free tool

Balance Sheet Calculator

enter your assets and liabilities to see total assets, total liabilities, owner's equity, and your current ratio instantly

Free · instant · no signup
Or a spreadsheet

Ready-made templates

Template

Small Business Bookkeeping

Income and expenses by category with automatic profit — no accounting software needed.

$14.99

Related industries: Small Business · Freelancers · Bookkeepers & Accountants.

More: all software categories · free calculators · comparisons.

Start free, upgrade when it pays for itself

Run your numbers with free tools and ready-made spreadsheets first — move to software when it saves you more than it costs.

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