The Top 15 Best Chart of Accounts Software Solutions for 2024
What is chart of accounts software?
Think of chart of accounts software as the ultimate sidekick for your small business accounting team. This software helps you keep track of all those financial accounts (like assets, liabilities, income, expenses, etc.) in a way that’s simple and organized.
Whether you’re using QuickBooks chart of accounts or another accounting platform among the many available in the market today, having a solid system in place is a game-changer for your business.
Here’s why the best chart of accounts software can make your life a whole lot easier:
Organized Accounting: First off, the right chart of accounts accounting software keeps everything in check. No more scrambling through spreadsheets or pulling out your hair trying to figure out where your money’s going. With software, you can easily categorize and track all transactions in real-time. It’s like having a super-organized personal assistant who never loses receipts.
Customizable for Your Business: Every business is different, and the best chart of accounts software understands that. You can customize it to fit your company’s specific needs, whether you’re a one-person shop or a growing team. Create categories, sub-categories, and tweak your chart to keep everything running smoothly.
Compliance Made Easy: Taxes? Audits? No sweat. The best chart of accounts software keeps you compliant with accounting standards, so you’re always ready to show the numbers. Whether you’re preparing reports or gearing up for tax season, your financial data is accurate and easy to access. No more last-minute panic during tax time.
Seamless Integration with QuickBooks: If you’re already using QuickBooks chart of accounts, many of the top software options integrate with it like a dream. This means you can sync your financial data without missing a beat, keeping everything up-to-date without double-entry headaches. Basically, it’s like having your cake and eating it too—but for finances.
Scalable for Growth: Planning to take over the world? Or, y’know, just grow your business? The best chart of accounts software can scale with you as your operations expand. Whether you add new departments, more clients, or just more zeros to your bank account (here’s hoping), this software can grow with you without needing a complete overhaul.
Better Financial Insights: With real-time reporting and analytics, you’ll have all the data you need to make smart decisions. Want to know how that marketing campaign affected your bottom line? Done. Need to forecast cash flow for next month? Easy. It’s all about giving you the tools to see the big picture—and maybe even impress your accountant!
So, if you’re still tracking finances manually (or worse, not tracking at all!), it’s time to step up your game with the best chart of accounts software. Trust us, your future self will thank you.
When it comes to finding the right chart of accounts accounting solution for your business, here are some features to look for:
Customizable Chart of Accounts
Multi-Entity and Multi-Division Support
Real-Time Data Syncing
Automated Data Entry and Categorization
Integration with Other Financial Systems
Advanced Reporting and Analytics
Compliance and Regulatory Support
Budgeting and Forecasting Tools
Audit Trail and History Tracking
User Permissions and Security
Multi-Currency Support
Mobile Accessibility
For a lot of growing businesses, it’s not always easy to find the right chart of accounts accounting software. With so many choices out there, it can be hard to know which chart of accounts accounting software really fits the unique needs of your industry, your business, and your budget.
Don’t worry, there’s good news—finding the best chart of accounts software for your business has never been easier.
We’re here to help. Our software experts have compiled a comprehensive breakdown of The Top 15 Best Chart of Accounts Software Solutions for 2024.
*Note: Our chart of accounts accounting software reviews are for informational purposes only. We encourage you to perform research and demo chart of accounts software systems to achieve the most comprehensive comparison.
1. Striven
Striven is an all-in-one ERP business management software solution built with small to mid-market businesses in mind. Striven is an infinitely capable software solution that supports every type of employee within your company.
Our sophisticated software includes complete accounting functionality, along with project management tools, CRM, sales performance metrics, lead management, collaboration tools, purchasing, HR and payroll, operations, inventory, task management tools, (and so much more) into a single, easy-to-use interface.
Highlights:
- Project, task, and time management w/ interactive calendar
- Detailed financial and productivity reports generated in seconds
- CRM for sales and marketing
- Contractor and subcontractor management
- Self-service portals
- Scheduling & dispatch route planning capabilities
- Fully integrated accounting
- Complete HR functionality
- Inventory management
- Process automation
What Sets It Apart: Striven’s expert team of business analysts personally see to your success. From training and onboarding, technical support, and business-specific customizations, our US-based Striven Support Team is available 24/7. On top of that, Striven’s automation capabilities allow you to work more efficiently.
Pricing: Free trial and custom demo, packages begin at $35/user.
More info: Striven Earns Numerous Awards For Q4 2023
2. QuickBooks Online
QuickBooks Online is a comprehensive accounting software designed for small businesses, offering robust chart of accounts accounting management. It provides powerful features for tracking income and expenses, generating detailed financial reports, and managing payroll. QuickBooks Chart of Accounts capabilities make it one of the best chart of accounts software options for businesses looking to streamline their financial operations.
Highlights:
- Income and Expense Tracking
- Financial Reporting
- Payroll Management
What Sets It Apart: QuickBooks Online’s powerful tracking and reporting features make it a top choice for businesses seeking a comprehensive and reliable chart of accounts accounting solution.
3. Xero Accounting
Xero Accounting is a cloud-based accounting software that offers an easy-to-use chart of accounts for small and growing businesses. It provides real-time financial data, invoicing, and bank reconciliation, making it one of the best chart of accounts software options. Xero’s user-friendly interface and extensive integration capabilities enhance its value for businesses.
Highlights:
- Provides up-to-date financial information
- Simplify regulatory compliance and raw material traceability
- Automates bank transaction matching and reconciliation
What Sets It Apart: Xero Accounting’s real-time data access and seamless integrations make it ideal for businesses looking to modernize their chart of accounts accounting processes.
4. Sage 50cloud
Sage 50cloud is an advanced accounting software that offers robust Chart of Accounts management for small businesses. It integrates powerful financial management tools with cloud connectivity, making it one of the best chart of accounts software solutions. Sage 50cloud’s comprehensive features support complex accounting needs.
Highlights:
- Combines desktop power with cloud convenience
- Offers detailed financial tracking and reporting
- Provides chart of accounts accounting tools for managing inventory efficiently
What Sets It Apart: Sage 50cloud’s combination of advanced features and cloud connectivity makes it a compelling choice for businesses with complex chart of accounts accounting needs.
5. Zoho Books
Zoho Books is an affordable cloud accounting software that offers strong QuickBooks Chart of Accounts capabilities for small businesses. It features automated workflows, detailed financial reporting, and seamless integration with other Zoho products. Zoho Books’ cost-effectiveness and comprehensive features make it one of the best chart of accounts software options.
Highlights:
- Streamlines repetitive accounting tasks
- Provides detailed and customizable financial reports
- Integrates seamlessly with other Zoho applications
What Sets It Apart: Zoho Books’ affordability and robust feature set make it a top choice for small businesses looking to enhance their chart of accounts accounting efficiency.
6. FreshBooks
FreshBooks is a user-friendly accounting software designed for freelancers and small businesses, offering a simplified QuickBooks Chart of Accounts. It provides easy invoicing, expense tracking, and time tracking, making it one of the best chart of accounts software for service-based businesses. FreshBooks’ intuitive interface and automation capabilities enhance its appeal.
Highlights:
- Creates professional invoices quickly and easily
- Tracks business expenses efficiently
- Monitors billable hours with ease
What Sets It Apart: FreshBooks’ simplicity and automation make it ideal for service-based businesses looking to streamline their chart of accounts accounting processes.
7. Wave Accounting
Wave Accounting is a free accounting software that provides a straightforward QuickBooks Chart of Accounts for small businesses and freelancers. It includes invoicing, expense tracking, and financial reporting, making it one of the best chart of accounts software options for budget-conscious users. Wave’s ease of use and cost-effectiveness enhance its value.
Highlights:
- Offers comprehensive features at no cost
- Manages invoices and accepts online payments
- Tracks expenses easily with receipt scanning
What Sets It Apart: Wave Accounting’s cost-effectiveness and user-friendly features make it a great choice for small businesses and freelancers.
8. Kashoo
Kashoo is a simple and intuitive accounting software that offers an easy QuickBooks Chart of Accounts setup for small businesses. It features automated bank feeds, income and expense tracking, and financial reporting. Kashoo’s focus on simplicity and efficiency makes it one of the best chart of accounts software options for growing businesses.
Highlights:
- Syncs bank transactions automatically
- Tracks all financial transactions efficiently
- Generates detailed financial reports
What Sets It Apart: Kashoo’s simplicity and automation make it an excellent choice for businesses seeking an easy-to-use chart of accounts accounting solution.
9. AccountEdge Pro
AccountEdge Pro is a desktop accounting software that offers detailed QuickBooks Chart of Accounts management for small businesses. It provides comprehensive tools for financial management, payroll, and inventory tracking. AccountEdge Pro’s robust functionality makes it one of the best chart of accounts software options for businesses preferring desktop solutions.
Highlights:
- Offers detailed accounting and financial reporting tools
- Manages employee payroll efficiently
- Provides tools for tracking inventory accurately
What Sets It Apart: AccountEdge Pro’s robust desktop features make it a top choice for businesses seeking comprehensive chart of accounts accounting software.
10. OneUp Accounting
OneUp Accounting is an all-in-one accounting software that offers robust QuickBooks Chart of Accounts management and automation features for small businesses. It provides tools for invoicing, inventory management, and financial reporting. OneUp Accounting’s comprehensive features and automation capabilities make it one of the best chart of accounts software options for growing businesses.
Highlights:
- Creates and manages professional invoices
- Tracks inventory levels and movements
- Generates detailed and customizable financial reports
What Sets It Apart: OneUp Accounting’s automation and comprehensive features make it a compelling choice for businesses looking to streamline their chart of accounts accounting processes.
11. GnuCash
GnuCash is an open-source accounting software that offers a comprehensive QuickBooks Chart of Accounts for small businesses. It features double-entry accounting, financial reporting, and budget management. GnuCash’s flexibility and cost-effectiveness make it one of the best chart of accounts software options for budget-conscious businesses.
Highlights:
- Ensures accurate financial tracking
- Provides detailed financial statements and reports
- Helps manage and track budgets effectively
What Sets It Apart: GnuCash’s open-source nature and comprehensive features make it a top choice for businesses seeking a cost-effective and flexible chart of accounts accounting solution.
12. ZipBooks
ZipBooks is a modern accounting software that offers easy QuickBooks Chart of Accounts management and financial reporting for small businesses. It features invoicing, expense tracking, and project management tools. ZipBooks’ intuitive interface and comprehensive features make it one of the best chart of accounts software options for growing businesses.
Highlights:
- Creates professional invoices quickly
- Tracks business expenses efficiently
- Manages projects and tracks time
What Sets It Apart: ZipBooks’ modern interface and comprehensive features make it a top choice for businesses looking to enhance their chart of accounts accounting and project management processes.
13. LessAccounting
LessAccounting is a simplified accounting software designed for small businesses, offering an easy-to-use QuickBooks Chart of Accounts. It provides tools for invoicing, expense tracking, and financial reporting. LessAccounting’s focus on simplicity and efficiency makes it one of the best chart of accounts software options for small businesses.
Highlights:
- Tracks expenses with minimal effort
- Simplify sourcing and distribution
- Generates straightforward financial reports
What Sets It Apart: LessAccounting’s simplicity and user-friendly features make it ideal for businesses seeking a hassle-free chart of accounts accounting solution.
14. Patriot Accounting
Patriot Accounting is an affordable accounting software that offers robust QuickBooks Chart of Accounts management for small businesses. It features automated accounting, payroll integration, and financial reporting. Patriot Accounting’s cost-effectiveness and comprehensive features make it one of the best chart of accounts software options for budget-conscious businesses.
Highlights:
- Streamlines accounting processes with automation
- Integrates seamlessly with payroll processing
- Provides detailed financial reports
What Sets It Apart: Patriot Accounting’s affordability and robust features make it a compelling choice for businesses looking to streamline their chart of accounts accounting and payroll processes.
15. ClearBooks
ClearBooks is a cloud accounting software for UK businesses that offers comprehensive QuickBooks Chart of Accounts management and financial reporting for small businesses. It features invoicing, expense tracking, and payroll integration. ClearBooks’ user-friendly interface and extensive features make it one of the best chart of accounts software options for growing businesses.
Highlights:
- Creates and manages professional invoices
- Tracks business expenses efficiently
- Integrates seamlessly with payroll processing
What Sets It Apart: ClearBooks’ cloud-based platform and comprehensive features make it a compelling choice for UK businesses seeking to modernize their chart of accounts accounting processes.
Contact an Accounting Chart of Accounts Software Expert
Our Small- to Mid-Market Business Analyst Team at Striven has decades of experience with Chart of Accounts Software for businesses in every industry.
Just like every car needs a trusted mechanic, every software needs a dedicated support team.
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