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Best Accounting Software for Small Business of 2024

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We picked QuickBooks Online because of its wide use among small business accounting professionals and its numerous online training resources and forums to get support when you need it. Plus all accounting tools and features can be conveniently accessed through one main dashboard, making bookkeeping more fluid and efficient.

Intuit’s QuickBooks Online has been one of the most common accounting software programs used by small businesses and their bookkeeping and tax professionals. The cloud-based software can be accessed through a web browser or a mobile app.

There are four options for monthly subscription plans:

  • Simple Start ($30 per month)
  • Essentials ($60 per month)
  • Plus ($90 per month)
  • Advanced ($200 per month)

You can select to have a 30-day free trial, but if you elect to skip it, you’ll receive 50% off the first three months.

The monthly subscription for this software can be upgraded as a business grows. The feature-packed mobile app can be used to receive payments, send invoices, capture an image of a receipt, provide estimates, and more. For businesses looking for a payroll solution, QuickBooks Payroll fully integrates with QuickBooks Online.

Each plan offers more advanced features like inventory management, time tracking, additional users, and cash flow. Most service-based small businesses will find that Simple Start meets all of their needs. Essentials adds additional features for bill and time management. For product-based small businesses, Plus will have more options for inventory and customizations.

The Advanced subscription adds many features including expense management, exclusive premium apps, a dedicated account team, and on-demand training. All plans allow integration with third-party apps such as Stripe or PayPal. QuickBooks Online’s app store breaks down all of its apps by function and provides helpful examples of the benefits of each app.

Intuit, the company that produces QuickBooks, is a small business accounting and services behemoth, with more than 17,000 employees, and a roster of brands that includes QuickBooks, TurboTax, Mailchimp, and Credit Karma. It is headquartered in Mountain View, California.

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