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Are you wrestling with the complexities of managing your business finances? Or are you just stepping into small business ownership, searching for tools to simplify your journey? You’ve landed at the right place. As you may already know, managing your finances is crucial to running a small business, and having the right CPA software can make all the difference.
Accounting software can be a game-changer, from tracking income and expenses to managing invoices and preparing tax returns. This guide will walk you through some of the best small business accounting software options.
Whether you’re on a tight budget, looking for free accounting software, or ready to invest in a premium solution, there’s something for everyone. Let’s dive in and find the perfect accounting software for your small business.
Zoho Books Source: Zoho Books
Zoho Books is part of the Zoho suite of business applications. It offers comprehensive accounting features, making it a powerful tool for small businesses. Beyond accounting, Zoho Books also includes robust customer relationship management tools, providing a holistic solution for business management.
Zoho Books stands out for its user-friendly interface and extensive integrations, making it a flexible and robust accounting solution for small businesses. Whether you’re managing income and expenses, tracking inventory, or building customer relationships, Zoho Books offers the tools you need.
Price Plan
Free: $0 Standard: $12/month Professional: $24/month Premium: $36/month
Zoho
A unique and powerful suite of software to run your entire business, brought to you by a company with the long-term vision to transform the way you work.
Xero Source: Xero
Xero is an accounting software designed with small businesses in mind. It simplifies the day-to-day management of financial data, offering features such as invoicing, inventory management, and financial reporting.
Xero’s strength lies in its user-friendly interface and powerful integrations. Whether you’re a small business owner managing your accounts or an accountant providing services for multiple businesses, Xero offers a flexible and efficient solution.
Price Plan
Starter: $2.90/month Standard: $4.60/month Premium: $6.90/month QuickBooks Source: QuickBooks
QuickBooks Online is a comprehensive business accounting software developed by Intuit. Known for its robust suite of features, QuickBooks is a favorite among small business owners and accounting professionals. It offers income and expense tracking tools, sales tax calculations, and inventory management.
QuickBooks also stands out for its solid financial reporting capabilities. It allows users to generate detailed financial reports, providing valuable insights into the financial health of a business. QuickBooks is a reliable solution whether you’re a small business owner managing your finances or an accountant providing accounting services.
Price Plan
Simple Start : $19 per monthEssentials : $28 per monthQuickBooks Online Plus : $49.50 per month
QuickBooks
Create and send professional invoices with smart invoicing software. Get payroll done right, and payroll taxes done for you.
Lacerte Source: Lacerte
Lacerte is a powerhouse in the realm of CPA software . Developed by Intuit, it’s designed to handle complex tax scenarios and streamline tax preparation. With its extensive library of forms and impressive error-checking capabilities, Lacerte is a tool that professional accountants and tax preparers can rely on.
Lacerte’s strength lies in its robust suite of features that cater to the unique needs of accountants and tax professionals. The software ensures that the complexities of tax preparation are significantly reduced, enabling professionals to focus on providing quality services to their clients.
Price Plan
TaxSlayer Pro Source: TaxSlayer Pro
TaxSlayer Pro is a robust tax preparation software designed with professionals in mind. Offering user-friendly e-filing and data import capabilities, TaxSlayer Pro makes tax season manageable for accounting professionals.
Beyond tax preparation, TaxSlayer Pro also offers a secure, web-based portal for managing client data. This feature makes it easier for professionals to access, manage, and secure critical information, further streamlining the tax preparation process.
Price Plan
TaxWise Source: TaxWise
TaxWise is another powerful CPA software that specializes in tax preparation. With its comprehensive suite of features, including a wide range of tax forms and error-checking tools, TaxWise makes it easier for professionals to prepare and file taxes.
TaxWise stands out with its advanced features that simplify tax preparation. From its vast forms library to its user-friendly interface, TaxWise is designed to improve efficiency and accuracy in the tax preparation process.
Price Plan
TaxWise Online: $3,293 TaxWise Desktop: $3,293 Sage Source: Sage
Sage offers a range of business and accounting software, including Sage Business Cloud Accounting. This comprehensive solution provides robust accounting features, including income and expense tracking, sales tax calculations, and financial reporting.
Sage is designed to cater to businesses of all sizes and offers flexible solutions for different business needs. Whether you’re a small business owner looking for easy-to-use accounting software or a larger enterprise needing advanced features, Sage has a solution.
Price Plan
FreshBooks Source: FreshBooks
FreshBooks is an accounting software primarily aimed at small businesses and freelancers. It offers a comprehensive suite of tools, including easy-to-use invoicing, expense tracking, and time tracking features.
FreshBooks stands out for its user-friendly design and exceptional customer support. Whether you’re tracking income and expenses, billing clients, or generating financial reports, FreshBooks makes it easy.
Price Plan
Lite: $6.30/month Plus: $11.40/month Premium: $19.50/month Wave Accounting Source: Wave
Wave Accounting offers a free accounting solution perfect for small businesses and freelancers. With features like income and expense tracking, invoicing, and financial reporting, Wave Accounting simplifies managing your business’s finances.
Wave Accounting is unique in offering a robust suite of features entirely for free. It makes it a valuable solution for small businesses and freelancers on a tight budget. From managing day-to-day transactions to generating detailed financial reports, Wave Accounting has you covered.
Price Plan
Starter: $0 Pro: $16/month Kashoo Source: Kashoo
Kashoo is an online accounting software that provides specific accounting features, making it an excellent solution for small businesses. It offers an intuitive interface for managing income and expenses, tracking sales tax, and generating financial reports.
Kashoo’s simplicity is its main strength, making it an accessible solution for small business owners who need straightforward accounting software. With Kashoo, small business owners can easily keep track of their finances, freeing up more time to focus on their core business operations.
Price Plan
ProSeries Source: ProSeries
ProSeries is a professional tax preparation software developed by Intuit. It offers an extensive library of forms, error checking, and e-filing capabilities, catering to the unique needs of accounting professionals.
ProSeries is designed to streamline the tax preparation process, making it a reliable choice for accounting professionals. Whether dealing with simple or complex tax situations, ProSeries offers the tools to prepare and file taxes efficiently.
Price Plan
Basic 20: $599/year Basic 50: $969/year Basic Unlimited: $1,519/year Ignition Source: ignition
Ignition is a powerful software that helps manage client engagements and automate administrative tasks. It’s a valuable asset for the accounting industry, especially for firms handling multiple clients, as it simplifies the management of client contracts and streamlines billing and invoicing processes.
With Ignition, firms use automation to increase efficiency and focus on delivering high-quality accounting services. Its automation capabilities save time and reduce the risk of errors, which means the software is a trusted tool for many accounting professionals.
Price Plan
Solo: $49/month Core: $149/month Pro: $249/month Enterprise: Contact Sales Canopy Source: Canopy
Canopy offers a comprehensive tax software solution designed for accounting professionals. It provides an extensive suite of tools for tax resolution, practice management, and tax preparation, making it a one-stop shop for all your tax-related needs. Additionally, its features could help firms enhance efficiency and client service.
Canopy excels in providing a user-friendly platform that simplifies complex tax tasks. Its features, including client management, workflow automation, and document management, allow firms to use it effectively for streamlined operations.
By integrating with solutions like Gusto payroll software, it further enhances payroll management. Additionally, Canopy supports accounting firm branding by offering customizable client portals and professional communication tools.
Price Plan
Standard: $150/month Pro: $175/month Jetpack Workflow Source: Jetpack Workflow
Jetpack Workflow is a cloud-based solution designed specifically for accounting firms. It helps firms to manage and track the progress of recurring tasks and deadlines, ensuring that important tasks are never overlooked.
With Jetpack Workflow, accounting firms can streamline accounting operations and stay organized. Its easy-to-use interface and powerful tracking capabilities make it a reliable solution for managing workflows and meeting deadlines. Firms may benefit from its automation features, while those handling audits can enhance their processes with specialized audit software integration.
Price Plan
Starter Monthly: $45 Starter Yearly: $30/per user/month/billed annually Karbon Source: Karbon
Karbo n is a work management platform designed for accounting firms. It combines email, discussions, tasks, and robust workflows, allowing accounting firms to collaborate and work efficiently.
Karbon’s comprehensive features allow seamless project management and collaboration within accounting teams. Its powerful workflows ensure that nothing falls through the cracks, making it a valuable tool for accounting firms.
Price Plan
Team: $79/per user/month Business: $99/per user/month Enterprise: Custom Pricing Senta Source: Senta
Senta offers a cloud-based CRM and practice management software for accounting firms. It provides tools for client management, workflow automation, and marketing, helping streamline an accounting practice’s operation.
Senta excels in helping accounting firms manage their client relationships and workflows. Its automation features save time and improve efficiency, making it a popular choice for accounting practices.
Price Plan
£28.00/per user/month £537/year TaxDome Source: TaxDome
TaxDome offers a complete practice management solution for tax professionals. It provides a comprehensive suite of tools in one secure platform, including client management, document management, email management, and billing.
TaxDome’s comprehensive features streamline the tax preparation and practice management processes. By combining multiple tools into one platform, TaxDome simplifies operations and ensures that professionals can focus on delivering high-quality services. Firms rely on their efficiency to manage their workflows, while firms just starting or expanding may benefit from their all-in-one approach to practice management.
Price Plan
Solo: $800/year/per user Pro: $1000/year/per user Business: $1200/year/per user Source: BrightManager
BrightManager is a practice management software designed specifically for accountants. It streamlines workflows with features such as automated reminders, task tracking, and client management, making it an ideal solution for growing accounting firms that want to enhance efficiency.
With BrightManager, accounting firms serving various clients can improve their efficiency and stay organized. The software automates many administrative tasks associated with running an accounting practice, freeing up firms to focus more on their clients.
Price Plan
Liscio Source: Liscio
Liscio is a client experience and management platform for accounting professionals. It facilitates the secure sharing of financial data and communication with clients, making it a valuable tool for building strong client relationships. This tax and accounting software is particularly beneficial for small and medium-sized accounting firms, helping them streamline client interactions.
Liscio’s strength lies in its focus on the client experience. This software offers accounting professionals a secure and easy-to-use communication and data-sharing platform, enabling them to deliver better service to their clients.
Price Plan
Pro: $75/month Enterprise: Custom Pricing MYOB AccountRight Source: MYOB
MYOB AccountRight is a comprehensive accounting software with features like job tracking, inventory management, and payroll. Designed for small to medium-sized businesses, MYOB AccountRight is a robust software for accounting and CPA that can handle the complexities of business accounting.
This accounting software for accountants provides a wide range of features in an easy-to-use interface. Whether you’re managing inventory, tracking jobs, or running payroll, MYOB AccountRight offers the tools you need to help accounting firms run efficiently.
Price Plan
Lite: $17/month Pro: $31.50/month AccountingRight Plus: $75/month Reckon One Source: Reckon
Reckon One is an online accounting software that provides a range of features, including invoicing, expense tracking, and payroll. Designed for small to medium-sized businesses, Reckon offers a simple and efficient way to manage business finances.
Reckon One stands out for its user-friendly design and comprehensive feature set. Whether you’re a small business owner looking for a simple way to manage your finances or an accountant providing services to multiple businesses, Reckon is a reliable choice.
Price Plan
Accounting Plus: $5.50/month Accounting Premium: $10/month Final Thoughts Choosing the right software for accountants and CPA firms can make all the difference in streamlining operations, improving efficiency, and delivering high-quality services to your clients. With so many options available, understanding what sets the best software for accounting apart can help you find the right fit, whether you’re part of an established firm or one that’s just starting.
Does your current platform for accounting firms offer the right features to manage compliance, tax preparation, workflow, project management, and time and billing? The right practice management solution for accounting can help you collaborate with clients more effectively and optimize day-to-day tasks.
For firms looking to enhance their processes, the tools on this list provide solutions tailored to different needs, whether they’re best for automation, client engagement, or financial tracking.
Discover the best Software for CPA firms in our informative blogs—read now and subscribe to stay ahead!
FAQs about CPA Softwares What Are the Best Software Solutions for CPA Firms in 2025? The best software solutions for CPA firms in 2025 include cloud-based accounting platforms, advanced practice management software, and comprehensive payroll solutions. Notable options are QuickBooks Online Accountant, Thomson Reuters, and various tailored tools for accounting and CPA firms.
How Can I Choose the Best Accounting Software for My Firm? To choose the best accounting software for your firm, consider factors such as scalability, ease of use, integration capabilities, and specific features like billing, payroll, and document management. Research various software tools and read reviews to identify a solution that aligns with your firm’s needs.
What Features Should I Look for in Accounting Practice Management Software? When evaluating accounting practice management software, look for features such as workflow management, document management, billing, time tracking, and client communication tools. A good management solution for accounting firms should streamline operations and enhance productivity.
Are There Specific Software Tools Tailored for CPA Firms? Yes, there are several software tools specifically designed for CPA firms, including solutions for accounting and bookkeeping, tax preparation, and audit management. These tools often incorporate features that address the unique challenges faced by accountants and CPAs.
What Is the Importance of Cloud-Based Accounting Software for CPA Firms? Cloud-based accounting software is crucial for CPA firms as it offers flexibility, real-time data access, and enhanced collaboration. These platforms enable accountants to manage their clients’ financial information securely and efficiently from anywhere, which is essential for modern accounting practices.
How Can Automation Improve the Efficiency of Accounting Firms? Automation can significantly improve the efficiency of accounting firms by reducing manual data entry, streamlining billing processes, and enhancing accuracy in bookkeeping. By implementing automation solutions, CPAs can focus more on strategic tasks and client engagement rather than routine administrative work.
What Role Does Payroll Software Play in Accounting and CPA Firms? Payroll software is vital for accounting and CPA firms as it simplifies payroll management, tax calculations, and compliance reporting. By using dedicated payroll solutions, firms can ensure timely and accurate payroll processing, which is essential for maintaining client trust and satisfaction.
How Do Management Solutions for Accounting Firms Enhance Client Service? Management solutions for accounting firms enhance client service by providing tools for better communication, timely reporting, and efficient workflow management. These solutions allow accountants to respond quickly to client inquiries and improve overall service delivery.
What Should I Know About Billing Features in Accounting Software? Billing features in accounting software are essential for tracking invoices, managing payments, and generating financial reports. Efficient billing capabilities enable firms to streamline their revenue collection process, minimize errors, and enhance client satisfaction through transparent invoicing practices.
