As a small business owner, you’re already wearing many hats, and the accounting side of your small business is yet another complex aspect you need to add your list of never-ending tasks. Using accounting software is a way to help automate the work, and while it may not replace having an accountant, it will make things much easier!
Who’s paid? What’s overdue? What’s left on the retainer? Not only do you have to track this all for several clients, but you also need to invoice, send estimates, track expenses, think about doing your taxes down the line, follow up with clients, and much more.
There are tons of accounting apps and software out there, and trying to find the right one for your business can feel daunting. We’ve created a list of the best accounting apps for Mac to make your choice easier! Now you can keep an eye on your financial health, make sure you have everything you need for tax time and, most importantly, keep track of your clients and payments.
QuickBooks Desktop for Mac
You’ve probably heard of QuickBooks, and that’s because it is the leading accounting software for small businesses!
QuickBooks Desktop for Mac comes with reporting you can customize and a dashboard with different layouts and widgets for an overview of your business. You can send your clients electronic invoices and let them make online payments with a credit card, online ACH, or e-checks. It even offers bounced-check processing, so you can handle bounced checks easily! You can track expenses, income, create budgets, and attach documents like receipts, invoices, and agreements – and more!
💰 Price: $299.95
⬇️ Download: QuickBooks Desktop for Mac
☀️ Daylite Tip: Any client information in Daylite can be shared with QuickBooks with just one click, saving you time and preventing any data entry errors! You can integrate Daylite and Quickbooks with the FinanceConnector plugin from iOSXpert right now.
EasyBooks
EasyBooks is an accounting app created for small businesses and sole traders.
EasyBooks features billing and invoicing, expense tracking, tax management, fixed asset management, bank reconciliation, and more! You can track payments, email clients, and print or move invoices to a third-party app. You can also generate reports, check your bank statements from anywhere, and work with 150 currencies with exchange rates updated hourly!
💰 Price: Starts at $14.69
⬇️ Download: EasyBooks
Connected – Accounting and ERP
Connected is a business accounting and ERP app made especially for growing businesses.
Connected is great for manufacturing and distribution industries, offering audit trail and security to save time and prevent errors in financial accounting, inventory management and production, and order entry. You can take advantage of core accounting features(general ledger, accounts receivable, accounts payable), as well as: inventory control, lot/serial number control, manufacturing, order entry and quote management, purchasing with landed cost application, job costing, and more!
💰 Price: Starts at $499
⬇️ Download: Connected Accounting and ERP
MoneyWorks Gold
MoneyWorks was made with the needs of business, finance, and accounting professionals in mind.
If you need all the bells and whistles, MoneyWorks Gold has contact management, general ledger, flexible reporting, cost centre accounting, multi-currency, job costing, advanced inventory management and much more! MoneyWorks aims for flexibility and lets you make your accounts work with the needs of your business.
💰 Price: $499
⬇️ Download: MoneyWorks Gold
Accounted
Accounted is packed with lots of features but is easy to use – it was made to have the learning curve of a simpler application.
Accounted comes with features like double-entry account, quick entry, charts and reports, accounts receivable/payable, split transactions, check printing, and more. It also comes with address book import, customizable account reports, tax reports, totals ticker for each account, customizable interface, and even more!
💰 Price: Starts at $79.95
⬇️ Download: Accounted
GnuCash
Gnucash is a free and open-source small business accounting software designed to be flexible and easy to use.
GnuCash lets you track bank accounts, stocks, income, and expenses. It includes double-entry accounting functionality, tracking for both income and expenses, and multiple currencies. Along with banking integration and bill reminders, it also comes with advanced features like accounts payable and receivable, budgeting, reporting, and client/vendor management!
💰 Price: Free
⬇️ Download: GnuCash
Online accounting apps
If you’re using a Mac and want even more options, the following apps are cloud-based online accounting software options, meaning you can use these apps on the web from any device, regardless of your operating system.
Xero
Xero is an online accounting app made for startups and small businesses – it’s known for how easy it is to use.
Xero lets you see your cashflow in real-time with online billing, banking, and accounting. You can get an overview of your account with the Business Performance Dashboard. You can integrate Xero with hundreds of other apps, accept payments, track expenses, and manage your contacts and projects. You can even collaborate with your employees and advisors!
💰 Price: Starts at $10.00/month
⬇️ Download: Xero
☀️ Daylite Tip: Integrate Daylite with Xero and share people and companies, make invoices, and more with the Xero Connector plugin from PureMac.
FreshBooks
FreshBooks is a cloud-based accounting option made especially for self-employed professionals.
With FreshBooks, you can send invoices, auto-bill clients, track expenses, and accept online payments. You can even include late payment reminders and fees! It can also help you when you have to do your taxes, understanding the cost of running your business, and figuring out your budget for things like hiring. It makes it easier to forecast your income, and it also integrates with many of your other favourite tools!
💰 Price: Free or starts at $6.00/month
⬇️ Download: FreshBooks
Wave Accounting
Wave is financial software designed specifically for entrepreneurs and small businesses.
With Wave you can access your data from anywhere, add unlimited collaborators, and work on all of your businesses from a single login! Wave helps with tedious data-entry and features tax management, expense tracking, project and fund accounting, and more. Your accounting is also integrated with invoicing, receipt scanning, payment processing, and payroll!
💰 Price: Free or pay-per-use and monthly options
⬇️ Download: Wave Accounting
Zoho Books
Zoho Books is online accounting software that is made to manage your finances, help with automating workflows, and make working in a team easier.
Zoho Books helps you track time and inventory, connect with your favourite apps, and collaborate with your clients through a client portal. You can manage your customers and invoices while also tracking expenses. You can record, monitor, and reconcile your bank accounts and transactions, and collaborate with your accountant in real-time!
💰Price: Starts at $9.00/month
⬇️ Download: Zoho Books
FreeAgent
FreeAgent is cloud accounting software made for freelancers, small businesses, and their accountants.
FreeAgent is best small businesses with up to 10 employees. It features invoicing, time and expense tracking, and the ability to connect with your bank. You can also work with sales tax and projects. Their dashboard helps you see your finances at a glance, see live profit and loss reports, and keep up to date with invoicing and taxes!
💰 Price: Starts at $10.00/month
⬇️ Download: FreeAgent
Kashoo
Kashoo is an online accounting software made to help small business owners save time with automating accounting tasks.
Using machine learning, Kashoo can categorize and reconcile expenses with bank and credit card transactions. It provides real-time reports, budgeting, transaction history, and invoice creation. Kashoo also provides OCR and receipt-matching – you can drag and drop an image of a receipt to the Inbox and it’ll match it to a transaction automatically!
💰 Price: Starts at $16.65/month
⬇️ Download: Kashoo
Sage Intacct
Sage Intacct is an online accounting software system designed for small and mid-size businesses.
Sage Intacct helps with the automation of manual processes. It features accounts payable, budgeting, cashflow management, fixed asset tracking, inventory control, job costing, and much more! You can integrate Sage Intaact with other tools and apps you use, and it’s made to be flexible enough to grow with your business.
💰 Price: Get a quote
⬇️ Download: Sage Intacct
Sunrise
Sunrise is an online accounting software made to help freelancers, solopreneurs, and small businesses manage their finances and accounting.
With Sunrise, you can create customized invoices, track expenses automatically, and use reporting to better understand your business. You can also work with tax, discounts and refunds, and easily stay on top of paid, unpaid, and overdue invoices. For a monthly fee, Sunrise also provides the option for professional bookkeepers to handle the bookkeeping side of the business.
💰 Price: Free or starting at $149.00/month
⬇️ Download: Sunrise
Accounting for your small business may seem daunting, but finding the right app to help you manage your finances will make your business run smoother and give you confidence that you’re on top of all the details! Need help with managing things like leads, clients, and projects, too? It’s time for a CRM for small business! Try Daylite free!
For even more apps to help make running your business easier, check out 30 of the Best Productivity Apps for Mac in 2020, and for daily tips on running your small business, follow us on Instagram!
