As a new business owner, it could be extremely difficult to keep tabs on the financial activities of your business. To successfully do this, there are applications you can use. These free accounting apps for small businesses are trustworthy, safe to use, and reliable.
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It is also good to know that they are free or at least have free versions that give access to important basic features, as you don’t have to spend to check and balance the coming in and going out of money in your organization or business. I will be listing free accounting apps for small businesses; apps that will aid you with your accounting tasks.
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Free accounting apps for small businesses
ZipBooks
On the top of our list of free accounting apps for small businesses, we have ZipBooks. This app was built by small business owners to help co-small business owners. The uniqueness of Zipbooks is its automation feature. With the help of colour-coded designs, users are able to easily simplify their accounting procedure.
This free app provides features that enable you to send messages to customers, manage your contact list, access your business health scores and so much more. ZipBooks is an exclusive accounting app as it also has an outstanding user experience review. Please note that to access some advanced features, you may be required to fulfil paid subscriptions.
Features
- Unlimited invoices
- Expense tracking
- Basic reporting
- Connect to one bank account
Pricing
- Starter plan-Free
- Smarter plan-$15 per month
- Sophisticated plan- $35 per month
Xero
Xero app is often used by business owners because of its clean and self-generated interface. This app has a one-tap quote to invoice conversions, it also makes room for a systematic arrangement of the flow of cash, bank account balance, calculation of profit and loss, etc.
Features
- Invoice creation
- Reconcile bank accounts
- Contact management
- Invoice sharing through emails and messages.
- Reporting
Pricing
You can use this app for free, but there are pricing plans as you have below:
- Early- $12
- Growing- $34
- Established-$65
FreshBooks
As part of the list of free accounting apps for small businesses, FreshBooks allows its users to stay updated with activities like receiving payments, sending messages, tracking experience, and soon. With FreshBooks, your payment records are saved automatically, making it easier for you as a business owner. FreshBooks also has a special feature where you can with ease log billable minutes while you are working on other projects, which are all saved to your invoice automatically.
Features
- Automatic mileage tracker
- Expense tracking
- Time tracking
- Automated online payment
- Automated payment reminder
Pricing
This is available to use freely, but to use the advanced features of this app you have to pay monthly:
- Lite- $6
- Plus-$12
- Premium-$22
Odoo
Odoo is an absolutely unique app as it is an enterprise resource planning app. Odoo offers about 40 businesses application, including Odoo accounting. One of the most interesting things about Odoo is that it is totally customized to fit your business needs and its needs in the nearest feature.
Features
- Invoicing
- Expenses payable
- Journal entries
- Budgeting
- Fixed asset management
- Basic reporting
Pricing
- The community edition is available for free.
- Enterprise edition costs $20/user/month (annual billing) or $25/user/month (monthly billing), and apps can be added individually to fulfill your custom needs.
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Deskera
Deskera allows businesses to manage inventory, bills, expenses, invoices, and many more. It also provides a means for you as a user to balance sheet, liabilities, assets, and other important details of your business.
The bills on this app can be converted to invoices in a single click. You can also use your device to scan bar codes and inventories in the invoice. Deskera also allows your employees to check in from whichever location they are in to mark their attendance.
Features
- Create invoice
- Inventory management
- Customer management
- Custom report generation
- Group chat
- Attendance management
Pricing
This app is free to download, you can also use the 15-day free trial to use the app after registration.
This app helps you record expenses, create invoices and quotes, generate GSTR reports, etc. With myBillBook, you get timely notifications of low inventory levels to avoid stock-out issues. This app also helps you manage items via GST/tax details. You can get this app on both android and IOS devices.
Features
- Over 20 business report
- Customer & supplier management
- Automatic payment reminders
- Inventory management
- Invoice tracking
Pricing
You can use this app for free but to get access to advanced features you will need to subscribe monthly. They have three plans which are- diamond, platinum, and enterprise.
Fiver workspace
This is another app on the list of free accounting apps for small businesses. Fiver workspace formerly known as AND CO was created with freelancers in mind. It isn’t fully an accounting application, but it offers important accounting tools like tracking expenses, managing your contact list, sending invoices, and so on.
Fiver workspace offers a free plan, but you will only be limited to billing just one client. To send invoices to other clients, you will have to upgrade your subscription to the app. This app also offers several options and features with an easy-to-use interface that makes it easy to carry out freelancers’ accounting and booking tasks.
Feature
- Branded invoicing for one client
- Basic reporting
- Time tracking
- Contract and proposals
- Expense tracking
- Project management tools
Pricing
Ultimate plan- $25per month
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