5 Best QuickBooks Alternatives for Business Accounting in 2021

If you are a small business owner, there is a high chance that you may have used or heard about QuickBooks Online. QuickBooks Online is one of the most popular accounting software, and there are plenty of reasons for that. 

The powerful set of features, reliable security, accounting, and pre-made tax support coupled with over a hundred integrations, makes QuickBooks online one of the best accounting software out there. 

Having said that, it does not mean that just because the software has an excellent track record, it will work for all businesses. This is why you should also be aware of the numerous QuickBooks alternatives available in the market. 

We understand that making a switch or considering other software alternatives is not an easy choice to make. However, keeping your options open and exploring them could provide great benefits in the long run. 

If you are open to exploring some QuickBooks alternatives, this article is just for you. 

Keep reading to find out which tools make our list!

SEE ALSO: 6 Amazing Examples of Digital Transformation in Business

Best QuickBooks Alternatives

Yes, we agree that it would take a lot to trump QuickBooks across different parameters. However, we believe there are some great QuickBooks alternatives that have the potential to fit your needs. 

Whether you are looking for a free QuickBooks alternative or an easier tool to use, some of these software may serve the purpose.

1. Xero

  • Ideal for: Medium to large businesses
  • Deployment: Cloud


It is impossible to not include Xero if you are making a list of some of the top QuickBooks Online alternatives. 

Just like QuickBooks, Xero is packed with some great features. It includes all the core features you are looking for in accounting software such as bank reconciliation, expense tracking, invoicing, financial reports, and more. 

What makes Xero stand out is the list of advanced features it offers such as class tracking, budgeting, checks, and fixed asset management. 

In addition, the tool’s robust security, list of integrations, and positive reviews are strong enough reasons why you should consider Xero. 

2. Freshbooks

  • Ideal for: Freelancers, small businesses, solopreneurs
  • Deployment: Cloud

Freshbooks is a hit among freelancers due to its affordability and ease of use. The software was initially designed to be an invoicing program. However, with time, it has evolved into one of the most popular small business accounting tools. 

Although Freshbooks is not as well-rounded as Xero or other similar apps, it is extensively used by solopreneurs and small businesses from around the world. 

The cloud-based software is easy to use and has a very intuitive interface. Besides, it can be integrated with a range of third-party applications such as Stripe and Shopify. 

Are you looking for excellent customer support? Freshbooks offers free customer support via email or phone. 

Freshbooks also has a mobile application for iOS and Android, which allows you to stay on top of your firm’s finances on the go. 

You can read our Freshbooks tool review to learn more about its features, pricing, etc. 

3. Wave

  • Ideal for: Small businesses looking for free QuickBooks alternatives
  • Deployment: Cloud


If budget is your main concern, Wave is easily the best free QuickBooks alternatives in the market. Yes, you read that right! 

Wave is free accounting software that is loaded with some amazing features. It is a powerful and very easy-to-use tool that provides lending, invoicing, and accounting features. 

Besides, item lists, expense tracking, reporting, and accounts payable are a few additional features you can play with on Wave. 

The best part about Wave is that it is free forever without any hidden costs. 

Although the software is highly rated by users, it does not have the best customer support. In addition, chat and phone support are only available to customers who pay for extra modules such as payment processing and more. 

 Wave has received criticism from customers due to its integration options. The software can be integrated with just three other applications. 

You can read our Wave tool review to learn more about its features, pricing, etc. 

4. Zoho Books

  • Ideal for: Small businesses who require a robust accounting solution for international invoicing
  • Deployment: Cloud

If you are looking for an affordable QuickBooks alternative, Zoho Books is an attractive option. 

Zoho Books has an impressive list of features you can bank on to handle the accounting side of your business. The list includes features such as custom invoices, purchase orders, expense reports, and more. 

You will also be able to track every second spent on different client projects and create bills to keep track of payments owed to vendors. 

The only notable drawback of Zoho Books is that the payroll services are missing. However, its marketplace has an array of integrations that compensate for that. 

Customer support is available in three tiers. The tiers define the number of customer support hours available per day to each customer. 

Zoho Books is also available as a mobile application on Android as well as iOS. 

You can read our in-depth Zoho Books review to know more about its features, pricing, and more. 

5. Sage Business Cloud

  • Ideal for: Small and mid-sized businesses
  • Deployment: Cloud

Sage Business Cloud was formerly known as Sage One. It is another excellent QuickBooks alternative for small and medium businesses. 

Sage is a very reputed technology company in the UK and has millions of customers from around the world. 

Sage offers some of the most cost-effective starting plans in comparison to any other software listed in this article. 

The software comes with an array of time-saving automation and features along with over 30 integrations at a decent price. 

Although Sage provides a plethora of support resources, email and phone support are not available. However, the live chat option is at your fingertips which you can use to address your doubts. 

Sage Business Cloud has received flak from users primarily due to this reason. 

Are you Looking for Some More QuickBooks Alternatives?

ToolsMetric has picked out some of the best financial software for small businesses in 2021. 

The list features QuickBooks Online and a few other options that may fit the bill. 

You can also compare different financial software based on their pricing, features, integrations, and other parameters to choose the best solution for your business. 

You can also check out the top features every financial reporting software must have!

SEE ALSO: 8 Major Benefits of Using Productivity Tools for Your Business

Feature Image Source: Image by Firmbee from Pixabay 

Image 1 Source:  Xero

Image 2 Source: Wave

Karandeep V

Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency. At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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