Although AccountEdge is a forerunner in business accounting software, it has many shortcomings. This comprehensive guide outlines the top 6 AccountEdge alternatives, including cloud-based accounting software options and business accounting solutions.
Whether you're a small business owner or managing larger financial tasks, these alternatives offer a range of features like expense tracking, financial reporting, and multi-currency support. Look into the options to find the ideal choice for your business's accounting needs.
ZarMoney is an excellent accounting software option for those seeking AccountEdge alternatives. It offers a comprehensive accounting solution integrating invoicing, reporting, and tax management into a single platform.
This cloud-based software is designed to support the financial management needs of small to midsize businesses, providing basic and advanced accounting services to help business owners keep track of their finances effectively.
These are the top 3 features ZarMoney specializes in
ZarMoney allows you to create customized invoices that align with your brand identity. This feature supports unlimited invoice generation, ensuring businesses can meet all their invoicing needs.
The software allows businesses to accept online payments directly through invoices, supporting credit and debit card payments via integrations with Stripe, PayPal, and more. This feature also helps improve cash flow and simplifies the accounting process through expense tracking.
ZarMoney connects with over 9,600 financial institutions and automatically imports transactions daily. This automation saves time on manual data entry and simplifies bank reconciliations.
ZarMoney has diverse pricing plans designed for the needs of every business.
The average score for ZarMoney on some of the best software directories, like G2, is 4.8.
ZarMoney is a leading solution in the accounting software market. It is specifically designed to support the needs of small to midsize businesses, making it a powerful tool for businesses seeking alternatives to AccountEdge. Its cloud-based platform, combined with extensive financial management features, makes it a versatile and efficient choice for managing business finances.
FreshBooks emerges as a superb cloud-based accounting software, offering a refreshing and intuitive alternative to AccountEdge. It caters specifically to small and medium businesses, focusing on simplifying complex accounting tasks.
With its user-friendly interfaces and comprehensive features, FreshBooks facilitates the efficient management of business finances. It is a strong business accounting software market contender and an excellent alternative to AccountEdge.
These are the top 3 features FreshBooks specializes in
FreshBooks simplifies the creation of professional invoices and accelerates the payment process by supporting online payments through credit card payments, significantly improving business cash flow.
This feature automates expense tracking, saving time and ensuring accuracy. It also supports receipt scanning, simplifying tax preparation by organizing expenses efficiently.
Enables accurate billing by tracking time spent on projects. This feature integrates smoothly with invoicing, ensuring that all billable hours are accounted for, and facilitates project management by allowing collaboration with clients and team members.
User-friendly interfaces and intuitive design simplify financial management.
Comprehensive features support a wide range of accounting tasks.
Cloud-based software allows for remote access and collaboration.
Customizable invoices and support for online payments improve cash flow.
FreshBooks has diverse pricing plans designed for the needs of every business.
Lite
Plus
Premium
The average score for FreshBooks on some of the best software directories, like G2, is 4.5.
FreshBooks is a powerful tool for small—to medium-sized businesses seeking efficient and straightforward financial management. With its focus on user-friendly design, comprehensive accounting functionalities, and flexibility through various pricing plans and integrations, It is a compelling alternative to AccountEdge.
NetSuite provides a comprehensive, cloud-based software solution that integrates all facets of business accounting and financial management. As an alternative to AccountEdge, NetSuite stands out for its scalability, extensive features, and real-time financial insights. This makes it an ideal choice for businesses looking to improve financial performance and streamline accounting processes on a global scale.
These are the top 3 features NetSuite specializes in
NetSuite enables businesses to operate internationally with real-time support for multiple currencies, languages, and global financial consolidation. This feature is vital for larger companies looking to manage operations seamlessly across borders.
The platform provides powerful analytics and reporting tools that deliver real-time insights into business performance and financial health. This enables decision-makers to make informed choices based on current data.
As a fully integrated ERP system, NetSuite offers accounting, CRM, eCommerce, and inventory management features. This all-in-one approach gives businesses the tools to manage all operations in a unified system.
NetSuite's pricing is typically custom-based, depending on a business’s needs, including the modules required, the number of users, and any additional services.
Phone
Email Support
Online Knowledge Base
User Communities
Training Resources
The average score for NetSuite on some of the best software directories, like G2, is 4.0.
NetSuite represents an excellent tool for businesses seeking a substantial, integrated solution for managing their finances and operations. Its cloud-based platform, combined with a broad spectrum of features, makes it a standout alternative to AccountEdge, especially for businesses requiring advanced features, scalability, and global capabilities.
Wave provides a compelling online accounting solution, showcasing its strength as an efficient alternative to AccountEdge. This cloud-based business accounting software offers user-friendly accounting solutions that cater to various business needs, from startups to established enterprises.
Its features include customizable invoices, automatic payment reminders, and extensive reporting capabilities, all at no monthly cost, making it a cost-effective choice for managing business finances.
These are the 3 best features Wave specializes in
Wave allows businesses to create professional-looking invoices that can be customized to match their branding. This includes the ability to add logos, change colors, and modify layout options, making every invoice reflect the professionalism of your business.
To ensure timely payments, Wave provides clients with an automated reminder system for their due or overdue invoices. This not only saves businesses time but also significantly improves cash flow management.
Wave facilitates the direct payment of invoices via credit cards, streamlining the payment process for businesses. This feature ensures faster payment processing and enhances the company’s and clients’ overall invoicing experience.
Wave has a tiered pricing structure
According to the top software directory, G2, Wave’s average rating is 4.4.
Wave provides an ideal invoicing solution for businesses looking for a cost-effective and efficient way to manage their invoicing needs. This makes it a competitive alternative to AccountEdge. The simplicity of its use, along with the integration of invoicing and accounting capabilities, makes Wave an excellent choice for startups and small businesses seeking to organize their financial processes without incurring additional software costs.
QuickBooks Online is a premier accounting software option and a great alternative to AccountEdge. It caters primarily to freelancers and small businesses. Its many financial management tools, user-friendly interface, and cloud-based functionality stand out, ensuring that financial management becomes organized and efficient.
This platform is designed to handle many financial tasks, making it an indispensable tool for modern businesses seeking flexibility and efficiency.
These are the 3 best features QuickBooks Online specializes in
QuickBooks Online enables the design of personalized invoices that include your logo and company details, providing a professional appearance that reinforces brand identity.
This feature sends automatic reminders to clients for upcoming or overdue payments, significantly reducing the manual effort required to chase payments and helping to improve cash flow.
The platform integrates with multiple payment gateways, allowing businesses to receive payments online directly through invoices, facilitating faster payment processes and improving customer convenience.
QuickBooks Online offers various pricing plans for different types of businesses.
24/7 Live Chat Support
Phone Support During Business Hours
Online Help Center
PayPal
Shopify
Square
Stripe
Gusto
TSheets
According to the top software directories, like G2, QuickBooks Online’s average rating is 4.0.
QuickBooks Online emerges as an exceptional invoicing software, offering a resourceful set of features that make it an ideal alternative to AccountEdge. Its blend of customization, automation, and integration capabilities positions it as an all-inclusive solution for business financial management.
Sage 50 provides both desktop and cloud-based accounting solutions. It's customized for small to medium-sized businesses needing thorough financial insights, making it the perfect alternative to AccountEdge. It is mainly known for its desktop version, letting users install the software on their local machines.
It is highly beneficial for businesses that prefer to rely on something other than the Internet or want to ensure their data remains local.
Cloud-connected desktop software
Invoice
Bill-tracking
Purchase order and approval
Expense management
Automated bank reconciliation
Reporting
Finance management
These are the top 3 features Sage 50 specializes in
Easily create, send, and track professional-looking invoices, guaranteeing clarity in your sales transactions and aiding in timely collections.
With a comprehensive view of upcoming and overdue bills, you can better manage your expenses and maintain good relationships with vendors by ensuring payments are made promptly.
Automate your financial management by quickly reconciling bank statements with your accounting records. This will reduce errors and ensure your accounts are always up-to-date.
Strong security features
In-depth financial analytics
Multi-user options available
Expensive compared to other solutions
Limited mobile features
Sage 50 offers many pricing plans
Pro Accounting at $595 per year for 1 user
Premium Accounting starts at $970 per year for 1 to 5 users
Quantum Accounting starts at $1,610 per year for 1 to 40 users
Chat Support
Phone Support
Online Help Center
Email Support
Stripe
Microsoft Excel
Pipedrive
Zoho CRM
Google Sheets
The average score for Sage 50 on some of the best software directories, like G2, is 3.8.
Sage 50 caters to small to medium-sized businesses that require a more comprehensive accounting tool. With inventory management and advanced budgeting features, it fits businesses aiming to blend traditional and modern accounting tools, making a great AccountEdge alternative.
Feature / Software |
Zarmoney |
FreshBooks |
NetSuite |
Wave |
QuickBooks |
Sage 50 |
Cloud-Based |
✅ |
✅ |
✅ |
✅ |
✅ |
✅ |
Invoicing |
✅ |
✅ |
✅ |
❌ |
✅ |
✅ |
Expense Tracking |
✅ |
✅ |
✅ |
✅ |
✅ |
❌ |
Bank Reconciliation |
✅ |
✅ |
✅ |
✅ |
✅ |
❌ |
Multi-Currency |
✅ |
✅ |
✅ |
✅ |
❌ |
✅ |
Project Management |
✅ |
✅ |
❌ |
✅ |
❌ |
❌ |
Inventory Management |
✅ |
❌ |
❌ |
✅ |
❌ |
✅ |
Reporting |
✅ |
✅ |
✅ |
✅ |
✅ |
✅ |
ZarMoney, an excellent AccountEdge alternative for small businesses, is rapidly gaining traction as a competitor to traditional accounting software options. Its user-friendly interface and customizable features make it a popular choice.
It provides the ability to set specific roles and permissions for team members. One of ZarMoney's strengths is its flexible pricing.
Depending on the extent and requirements of the business, there's likely a plan that fits the budget.
Wave is another ideal AccountEdge alternative for small businesses, sole proprietors, and freelancers due to its cost-free model, making it suitable for startups.
Wave offers essential accounting features suitable for basic financial management without overwhelming users. While it's perfect for initial business phases, Wave may lack advanced functionalities for expanding businesses. Its main advantages are its simplicity and accessibility.
However, growing enterprises might need to explore more comprehensive solutions as they evolve.
Freelancers and consultants especially favor FreshBooks due to its invoicing prowess. Users can log hours directly within projects and quickly convert them into invoices. Forward expenses now from your inbox to FreshBooks.
Collaborate with team members, share files, and update everyone on project progress. FreshBooks' pricing is based on the number of customers a business contracts with, offering flexibility for smaller operations.
Selecting the right financial management tool is more important than ever. While AccountEdge has been a frontrunner, various alternatives that are customized to each business's demands have emerged.
Leading the pack is ZarMoney, a versatile and user-friendly platform designed to simplify complex processes while guaranteeing precision and scalability. Its business accounting software and financial management approach make it a standout choice for businesses seeking more than just basic functionalities.
Look for cloud-based accounting software with features like financial reporting, expense tracking, multi-currency support, and user-friendly interfaces.
Consider factors like your business size, financial management requirements, and the availability of advanced features such as payroll management and inventory tracking.
QuickBooks Online offers advanced features and scalability for larger businesses, including unlimited users and robust financial management tools.
Cloud-based software offers benefits like remote access, integration capabilities, and real-time insights into your business's financial performance.
ZarMoney stands out for its comprehensive features, user-friendly interface, and customizable options, making it a top choice for businesses of all sizes.
ZarMoney and QuickBooks cater specifically to the needs of freelancers and sole proprietors, offering features like mileage tracking, invoicing, and expense management.
Look for affordable pricing models with options for customization based on your business's needs and budget, such as monthly or yearly plans.
Integration capabilities allow for seamless data transfer between accounting software and other tools, such as CRM systems, enhancing efficiency and productivity.
Look for features like receipt scanning, customizable invoices, and automated payment reminders to organize financial tasks and improve organization.
TrulySmall Accounting offers comprehensive accounting software tools, including project tracking and expense management, designed for service-based startups.