The Best Free Accounting Software for Small Business

Looking for the best free Accounting software for your business? Well, you come to the right place. On this article, we will provide in-depth review of many free Accounting software available out there. Accounting Software is a special computer software or application that records and process the accounting transactions. The process includes several modules such as account payable, journal, ledger, payroll or even tax calculation. Some other software has several additional features such as government tax reporting, human resources features and many more.

Accounting software may be delivered as an offline or standalone application that needs to be installed on a PC. Moreover, some of them are available as an online application/cloud services. Which one is better for a small business? Both online and offline application have their own pros and cons. If you are a mobile person and often work outside your office, you may consider using the cloud accounting software. Or, if you have an accountant that works from other place, the online version is better.

Best Free Accounting Software

How to Choose the Best Accounting Software

Since there is a bunch of free accounting software available on the internet, it’s a bit tricky to pick the good one for you. But don’t worry, we are here to help. Even these software are free, it doesn’t mean that they lack features. So the first thing to check is the features that the software has to offer. Most good financial software should have the following features:

  • Basic Accounting features such as Account payable, journal, asset management, etc
  • Multi-users supports
  • Easy to set up as well as easy to use
  • Tablet support
  • Automatic update
  • Backup features
  • Online/cloud support

The Best Free Accounting Software for Small Business


Let me start with, a multi-platform accounting software that is available for free for a small business or personal use. It supports Windows, Mac, and Linux operating system. It also has the cloud version which has more features than the offline version. With this software, you can perform many basic accounting tasks such as:

  • General Ledger
  • Asset Management
  • Bank reconciliation
  • Accounts payable
  • Purchase order
  • Billing and invoicing
  • More comes with a pretty simple user interface. The menus are accessible through the left panel. It has a built-in backup feature that is very useful.

If you prefer the online version, Manager io offers the Cloud edition that has some key features such as: Ultra high performance, 4 low latency location, multi-users support, unlimited business, and users.


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