Accounting Software Reviews

Odoo is a U.S.-based software company founded by Fabien Pinckaers. With an employee status of over 1,700, this software firm currently boasts over 7 million users around the globe. Odoo offers business owners a complete ERP suite far beyond an average accounting software. It consists of 40 different applications, of which accounting is one. This app is suitable for small and large businesses. It offers accounts payables and receivables, charts of accounts, asset management, and basic reporting, amongst others. You can also host the accounting application online or on your company’s servers. One intriguing feature of this software is that it is open-sourced. As a result, the company’s community of 1500+ users has designed more than 16,000 applications from the software’s initial 30 business apps.

With over 7 million users, QuickBooks is widely used by small and mid-sized businesses for accounting and management. QuickBooks Desktop Enterprise consolidates key business functions like accounting, payroll, inventory, and reporting into a single platform. It’s designed to help businesses manage up to 1 million customers, vendors, and inventory items efficiently. Features like customizable user permissions and centralized order management offer better control and organization, while built-in payroll provides tools for direct deposits and employee access to pay and tax information. With over 200 customizable reports and advanced inventory tracking, QuickBooks Desktop Enterprise supports businesses in managing warehouses, tracking data, and reducing inventory losses.

QuickBooks Online is a small business cloud accounting software that allows users to manage their business anywhere, anytime, and on any device. With over 7 million customers worldwide, QuickBooks provides smart tools to help save time and money. Track business income & expenses with ease, send invoices, accept online payments, manage inventory, run payroll, & more to help you make better business decisions, and take the stress out of tax time. QuickBooks is easy to use and no prior accounting knowledge is necessary. QuickBooks securely backs-up data and keeps users up-to-date with free software updates.

Bill.com is a trusted name in financial operations, offering cloud-based software that simplifies and automates accounts payable (AP) and accounts receivable (AR) processes for small and mid-sized businesses. Founded in 2006 and headquartered in San Jose, California, Bill.com has become a go-to solution for businesses seeking to streamline their financial workflows. Backed by AI-powered automation, Bill.com eliminates the manual tasks of managing invoices, payments, and receipts, allowing businesses to focus on growth instead of paperwork. With millions of users and adoption by over 80% of the top 100 accounting firms in the U.S., Bill.com is renowned for its efficiency and user-friendly design. Bill.com also offers a white-labeled payments platform, Bill.com Connect, which integrates seamlessly with financial institutions’ online business banking ecosystems, providing end-to-end payment solutions under a single sign-on experience. Whether you’re a startup, established business, nonprofit, or franchise, Bill.com helps you save time, reduce errors, and gain greater control over your financial operations.

Patriot Accounting is cloud-based accounting software that offers all the features to meet the bookkeeping and reporting requirements of small to medium-sized businesses. Developed by Patriot LLC, a US-based entity, the software can be used to seamlessly track income, expenses, assets and liabilities. Patriot Accounting also supports automatic bank integrations as well as the ability to accept credit card payments, at a relatively low price, making it excellent value for money.

Paychex was founded in 1971 by Tom Golisano and is one of the oldest companies of its type in the country. It’s a modern payroll and HR solution that works with over 740,000 small and medium business clients to help them stay compliant with the law while ensuring all of their staff get paid on time. While Paychex is widely recognized as a leader in payroll and HR services, its robust integrations with popular accounting software make it a valuable partner for businesses looking to simplify financial management.

Zoho Invoice is an excellent solution for the invoicing needs of small and mid-sized businesses. Developed by Zoho Corporation, which specializes in offering cloud and web-based tools, the platform can be used to generate and send customized invoices. The competitive pricing and excellent customer support make Zoho Invoice an attractive option.

1-800 Accountant is one of the largest virtual accounting firms in the U.S., offering a full and dedicated CPA service to over 200,000 small businesses nationwide. With a team of highly experienced CPAs and Enrolled Agents, they combine financial expertise with advanced technology to deliver comprehensive solutions, including bookkeeping, payroll, tax planning, and income taxes. By handling these essential tasks, they free up time for business owners to focus on growth while maximizing tax savings and ensuring financial peace of mind.

While paying your bills on time is crucial for maintaining good relationships with suppliers and vendors, staying on top of payments can also help you maximize your cash flow. Ideally, you want to extend your payment terms as much as possible without going past the due date. There are many payment management software options available, but Melio stands out for its simplicity and affordability. Melio is a free online solution for managing payments. Fees apply for credit card payments and instant payments. Melio helps businesses streamline payment processes and leverage credit cards to pay more vendors. Learn more about Melio in our review below.