List of the Best Accounting Management Software used by Professional Bookkeepers

Accounting management software is important for every business that needs to keep track of its money. They must know how much they earn, how much they spend, and how much they owe. This is why accounting is so important. But doing it all by hand takes a lot of time and can lead to mistakes, and can be done using accounting software.

Many bookkeepers who help keep records of money use special tools to make their work easier and faster. These tools are known as accounting management software. They help with tasks like tracking sales, making bills, checking payments, and planning taxes.

This article will share a list of accounting software used by bookkeepers around the world. These tools save time and help keep everything correct. Let’s learn more about what they are and which ones are the best.

What is Accounting Management Software?

Accounting management software is a tool used by bookkeepers and business owners to track money. It can help with many jobs, like:

• Writing bills (called invoices)
• Recording sales and buys
• Checking how much money is left
• Paying workers
• Getting ready for taxes
   

Before this software was made, people wrote all these things in books. But that took a long time. Today, software can do the same job in a few minutes. That means less stress, fewer mistakes, and more time to focus on the business.

Tips to Make the Most of Accounting Software

• Regular Updates: Keep the software up to date to avoid errors. Updates also add new tools and fix bugs.
• Back Up Data: Always save your data safely. Backups stop data loss if the system breaks.
• Use Automation: Automate invoices and repeat payments. This saves time and cuts mistakes.
• Train Staff: Make sure your team knows how to use the software. Good training makes work fast and correct.
• Monitor Reports: Check reports often for insights. It helps you make smart business choices.
• Integrate Apps: Link the software with bank and payment tools. Integration keeps all data in one place.

These steps make accounting management software more useful and help bookkeepers stay on top of their work.

Top Accounting Management Software for Professionals

Here is the best accounting software list that bookkeepers and businesses love to use:

1. QuickBooks Online

QuickBooks is one of the most popular tools. 

• Easy to use
• You can use it on your phone or computer.
• Makes reports in just a click
• Tracks bills, pays staff, and helps with taxes.

Many bookkeepers trust QuickBooks for daily work. It has a clean layout and works well for many types of jobs.

2. Xero

Xero is another top name in the accounting software list.

• Great for small to medium businesses
• You can add bank feeds and match them with bills.
• Let more than one person use it at a time.
• Easy to send invoices and get paid

Xero is known for its strong cloud-based tools. It also works well for bookkeepers who handle many clients.

3. Zoho Books

Zoho Books is part of the Zoho group. It is smart and affordable.

• Good for small and new businesses
• Easy to make bills and track time
• Can be linked to other Zoho tools
• Helps with taxes and reports

It is one of the top picks on our list of accounting software for those who want good features at a fair price.

4. Wave Accounting

Wave is a free software that works great for solo workers and freelancers.

• No cost for most features
• Easy to use
• Good for tracking income and spending
• Can send bills and collect payments

Wave is a great pick if you are just starting and want to save money.

5. FreshBooks

FreshBooks is easy and fun to use. It is built for service-based jobs.

• Great for time tracking and billing
• Can accept credit card payments
• Has mobile apps
• Good customer support

It is one of the easiest tools in the accounting software list. Many bookkeepers recommend it for small teams.

6. Sage Business Cloud Accounting

Sage has been trusted by businesses for many years.

• Simple design
• Helps with VAT and tax reports
• Can make bank feeds work
• Offers strong support

It’s good for growing businesses that want more control over money tasks.

7. TallyPrime

Tally is very popular in India and is used by many bookkeepers.

• Works well for GST (Goods and Services Tax)
• Can be used offline
• Tracks stock, payroll, and bills
• Strong local support

Tally is a strong tool in the accounting software list for users in India and nearby places.

8. Kashoo

Kashoo is simple and made for small business owners.

• One-time setup is fast.
• Good for users who don’t know much about bookkeeping
• Easy to track cash flow
• Basic, but clean design

Kashoo is helpful for those who just want a tool that works without too many steps.

9. NetSuite ERP by Oracle

This one’s for large businesses.

• Manages all parts of money, not just bills
• Great for companies with many workers
• Gives strong reports
• Can be changed to fit business needs

It’s a bit harder to use than others, but it’s very strong.

10. AccountEdge Pro

This is a desktop-based tool for companies that don’t want cloud-based software.

• Good for people who want control
• Tracks jobs, stocks, and payroll
• Many features for reports
• Runs on Mac and PC

This tool gives a strong choice for bookkeepers who want to store data locally.

How to Choose the Right Accounting Management Software

Picking the right accounting management software is like picking the best tool for a job. If you choose the right one, your work becomes easy. If you pick the wrong one, it can be hard. Here are some simple points to help you choose the best one:

1. Easy to Use

• Pick software that is simple to learn.
• You should be able to find things fast.
• The buttons and menus should be clear.

2. Works on Your Device

• Make sure it works on your computer, tablet, or phone.
• Some work online (cloud), some work only on your desktop.
• Choose what fits your way of working.

3. Fits Your Budget

• Some tools are free (like Wave), others cost money (like QuickBooks).
• Look at your budget.
• Pick what gives good value for your money.

4.  Features You Need

• Do you need billing, payroll, or taxes?
• Check if the software does what you need.
• Don’t pay extra for tools you won’t use.

5. Safe and Secure

• Your money data must be safe.
• Pick software that uses strong security.
• Cloud tools should have backup options.

6. Can Grow With You

• Your business may grow.
• Choose a tool that can grow too.
• It should handle more clients, bills, and staff later on.

7. Multi-User Access

• Will more than one person use it?
• Pick software that lets you add team members.
• You can give them access to only what they need.

8. Support and Help

• What if something goes wrong?
• Pick a tool that has good customer support.
• Live chat, phone, or email support is useful.

9. Can Link With Other Tools

• Some tools work with banks, tax software, or other apps.
• If you already use tools like PayPal or Shopify, check for links.
• It saves time and keeps things tidy.

10. Ask a Professional 

• If you are not sure, ask a bookkeeper.
• Experts like Meru Accounting can guide you.
• We know which software works best for your business.

Cloud-Based vs Desktop Accounting Software

Accounting doesn’t have to be hard. With the right accounting management software, any business can track its money, pay bills, and stay ready for taxes. This saves time and helps the business grow.

Using this accounting software list makes it easy to pick the right one. Tools like QuickBooks, Xero, and Zoho Books are great for most users. Others, like Tally or NetSuite, fit special needs.

If you want help picking or using these tools, Meru Accounting is here to help. Our team knows how to work with all types of accounting management software and make things easy for you.

With Meru Accounting by your side, you can focus on your business while they take care of the books.

FAQs 

Q1: Do I need to know accounting to use these tools?
No, many of these tools are made to be simple. You can learn as you go, or ask Meru Accounting for help.

Q2: Can I use accounting software on my phone?
Yes! Tools like QuickBooks, Xero, and FreshBooks have mobile apps so you can use them on the go.

Q3: Is free software like Wave safe to use?
Yes, Wave is safe and trusted. It has strong security and is great for small jobs.

Q4: Can two people use the same software at once?
Yes, most cloud-based tools let many people work at the same time. You can set roles and rights, too.

Q5: What if I pick the wrong software?
You can change tools later. Meru Accounting can help you move your data safely to a new tool.