Top 10 QuickBooks Alternative To Track Your Expenses

When you want to be business successful, it is important to make all financial transactions as manageable as possible. This will help you to stay much organized and to achieve your business goals much faster.

QuickBooks is an accounting tool that is immensely helpful in keeping track of your money-related tasks. Because it is complex and costly, you may want to look into other tools that can make your work easier.

Upon careful research, you can find out that there are lots of QuickBooks alternatives. They may be similar or compatible with QuickBooks. You can see their comparison and performance reports and see which one is suitable for you.

You can find the right fit after figuring out your needs and expectations. This article will give you the resources you need in order to move forward in making your choice.

1. Xero

Xero is online accounting software that helps small-business owners keep track of all the financial details of their business without getting bogged down in confusing jargon.

The interface is easy to navigate and provides you with customer-friendly features like invoicing. With advanced features like inventory management, Xero is for you even if you run a business with multiple products.

It is the only completely integrated cloud accounting software with apps for iPhone, iPad, Android, and Windows Phone. They simplify business finances with real-time cloud accounting.

Xero lets you work cash-basis with accurate revenue recognition. They offer the best of both worlds between traditional accounting and cloud accounting.

2. Sage

Sage is comprehensive accounting software that allows businesses of all sizes to track everything from invoices and refunds to payments and budgets. Their website is very user-friendly and offers a free trial.

You can choose Sage Accounting for $25 per month to unlock unlimited collaboration, quotes, estimates, and finance forecast options. There are also HR tools, POS integrations, eCommerce features, and sales and marketing features.

The main strong point of Sage is its simplicity and usability. However, for more advanced needs and personalized reporting, there are few better alternatives.

3. FreshBooks

FreshBooks is one of the best alternatives to QuickBooks that you can find. While not as feature-rich as some of the other invoicing software solutions out there, it contains essential features that will help you manage your finances and stay on top of your game.

However, if you need more advanced features like tracking time spent on client projects, you'll want to look elsewhere. FreshBooks is the perfect fit for the self-employed professional.

If you currently use QuickBooks or another invoicing solution or plan on moving to one in the future, you should definitely give FreshBooks a try.

4. Wave Accounting

Wave is a good Quickbooks alternative that focuses on the small business owner or freelancer. The report feature is a powerful way to work on your business finances.

It has a simple interface, so it doesn’t take a long time to build a financial picture. It also doesn’t take a long time to sync from your bank account. The learning curve is a little steep. If you have a small business, this app will work for you.

If you've used  QuickBooks but are also looking for an accounting system that's a little more advanced for small businesses and freelancers,  you'll like  Wave. Â

It gives you the ability to track income and expenses,  including the ability to scan receipts from your phone as a  simple way to manage expenses. Â

You can also use  Wave to customize and send invoices and accept online credit card and bank payments.  If your freelance business expands,

5. Zoho Books

Zoho Books aims to be a viable alternative to Quickbooks. It has its pros and cons, but it has the best free tier out there for small businesses.

While the other tiers are comparably priced to Quickbooks, Zoho Books also has the benefit of being a web platform.

You can access your data anytime you have the internet, and you can even use their mobile app to enter data on the go! The mobile app does have some syncing issues, but otherwise, it holds up well to Quickbooks.

6. Bonsai

There is a lot to like about Bonsai as a QuickBooks alternative. First, it's a web-based platform, meaning it will not slow your computer down and you can access it from anywhere.

The software was built with freelancers and their unique needs in mind, and it has some very helpful accounting and project management features.

Most importantly, Bonsai is free for up to two projects and 50 expenses! What's more, it has a great pricing structure and can save you a lot of money over time. The biggest downside is that the software is not as user-friendly as QuickBooks.

7. Kashoo

Kashoo offers an alternative to QuickBooks that is not only quick but also comprehensive. While QuickBooks only allows you to purchase an expensive subscription, Kashoo works perfectly well as free accounting software.

It saves space, has fewer bugs, has fewer issues, has fewer errors, allows you to categorize expenses better, has easier money management, and is also more convenient.

While QuickBooks is good for small business accounting, it's best to look elsewhere for your accounting needs.

8. Odoo

Odoo is a powerful open-source alternative to Quickbooks. While Quickbooks is a program that you can use to manage your business finances, Odoo is software that you can use to do the same.

You can use Odoo for small business accounting, invoicing, tracking your time and expenses, creating reports, and more.

In some cases, Odoo is a better alternative to Quickbooks because it is cheaper, has a beginning learning curve, and offers more options.

9. FreeAgent

One of the best alternatives to QuickBooks is our very own FreeAgent. It's the simplest, most effective, and most affordable way to manage your finances, create professional invoices, and track expenses.

It's comprised of dozens of features that can do all operations. Here are some of the best features that make FreeAgent the top choice for small businesses:

• Fully integrated mobile app.
• Sales tax calculation to help you stay compliant with the rules.
• Automated bank feeds to make it easy to track your income.
• Instant invoice generation for fast and easy sales.
• Manage your own invoices to make it easy to keep track of outstanding payments.
• Email invoices to make it quick and easy to keep your customers informed.
• View your cash flow in real-time to help you manage your finances.

10. SpendWise

SpendWise is a SaaS accounting solution for retail businesses. It is specifically designed for small and mid-sized businesses. Business owners can set up user accounts and invite employees to collaborate on tasks and expenses.

If you're a one-person shop, you can use SpendWise as a simple accounting solution. The interface is pretty sleek and you don't need to be a super-user to use the system.

There is a mobile app that lets you manage and take pictures of receipts and invoices on mobile devices. Unfortunately, SpendWise doesn't integrate with bank accounts.

What's more, the mobile app is missing some key features such as the ability to take pictures of invoices or receipts. If you're looking for a comprehensive accounting solution, SpendWise might not be for you.

Conclusion

Businesses that are starting out and operating on a very tight budget might not be able to afford Quickbooks or other popular accounting software that is designed for medium and large-scale businesses.

You can try out the software mentioned in this article to help you with your business finances and streamline your workflow. If you think any of this software is perfect for your work, go for it!