11 Best FREE QuickBooks Alternatives (2024)

QuickBooks is an accounting software that is automated and enables you to handle bookkeeping, sales tax, invoicing, etc. You can use this accounting app to track bills and expenses. This accounting software manages your business anytime, anywhere. It also provides customizable reports and dashboards.

However, this software has some drawbacks, like a lack of key reports outside of accounting and not offering any direct professional support. It also crashes sometimes and has limitations when it comes to the number of users.

Thus, we have handpicked a list of top Quickbook alternatives and mentioned their popular features and website links. The list contains both open-source (free) and commercial(paid) software.
Read more…

Top Pick
Zoho Books

Zoho Books is a tax-compliant accounting software that helps you manage your account payables and receivables. Zoho Books automatically calculates GST, generates the report, and includes automatic alerts for payments.

Visit Zoho Books

Top QuickBooks Alternative [Free/Paid]

Zoho Books FreshBooks Xero Netsuite
Name Zoho Books FreshBooks Xero Netsuite
Features ✔️ It automatically calculates GST and generates the report.
✔️ You can follow up payment using automatic alerts.
✔️ You can generate invoices for clients in just a few clicks.
✔️ It enables you to organize expenses effortlessly.
✔️ You can connect Xero to your bank.
✔️ Record and manage receipts and expenses.
✔️ It provides support via phone, chats, or email
✔️ Netsuite helps you to streamline your financial planning process.
Price 14-Days Free Trial 30-Days Free Trial 30-Days Free Trial 14-Days Free Trial
Review/Rating 4.6 Star Rating 4.6 4.5 Star Rating 4.5 4.7 Star Rating 4.7 4.5 Star Rating 4.5
Link Visit website Visit website Visit website Visit website

1) Zoho Books

Zoho Books is a tax-compliant accounting software that helps you manage your account payables and receivables. You can add tasks, manage more than one project, and assign them to employees.

This tool lets you generate unlimited invoices for customers depending on the task time or fixed costs for any project. It lets you integrate with numerous online payment methods. Zoho Books automatically calculates GST, generates the report, and includes automatic alerts for payments.

#1 Top Pick
Zoho Books
5.0

Powerful Accounting Platform for your Business

Supported platforms: Windows, Android and iOS

Customer Support: Phone, Chat and Email

Free Trial: 14 Days Free Trial

Visit Zoho Books

Features:

  • Expense tracking: You can track your expenses, categorize them, and bill them to your clients. It offers one place to track all your outlays. Zoho Books automates recurring expenses and auto-scans to collect all important information, so there is no need for data entry.
  • Easy banking: With Zoho Books, your accounts can be reconciled instantly. This tool securely imports transactions from your bank and PayPal accounts. It includes a dashboard that helps receive accurate cash flow prediction, find out about balance mismatches, and more.
  • Audit trail: It offers audit trials to retrace transactions and find out the source. Zoho Books keeps all the activities audited. It also includes numerous analysis techniques and helps compare multiple versions and view the changes.
  • Reports: Its dashboard shows income and expenditure details. You can also view top expenses, total receivables, sales, and more. Zoho Books includes reports on balance sheets, cash flow statements, and profit and loss.
  • Pricing: It has a lifetime free version, and paid plan starts at $15 per month.
  • Free trial: 14 day

Pros

  • You can generate invoices for customers depending on task time or fix costs for any project.
  • It offers customizable reports and offers end-to-end accounting.

Cons

  • It cannot track fixed assets.

Get Free Now >>

14-Days Free Trial


2) FreshBooks

FreshBooks is an accounting tool developed by 2ndsite Inc. company. It is one of the best QuickBooks online alternatives that help you run your small business easily and quickly in a secure manner.

This tool helps all users including small business owners collaborate on projects. It provides easy-to-understand reports on finance. Moreover, the Freshbook mobile app helps you to stay connected with your clients.

#2
FreshBooks
4.9

Accounting Software Built for Business Owners and Accountants

Supported platforms: Windows, Linux and Mac OS

Customer Support: Phone, Chat and Email

Free Trial: 30 Days Free Trial (No Credit Card Required)

Visit FreshBooks

Features:

  • Accounting and taxes: Freshbooks ensures accuracy and compliance. It can track all your expenses and lets you view all your spending. This tool has a simple dashboard that offers reports of progress and success.
  • Bookkeeping: This tool offers expert bookkeeping and tax preparation. You can create workflows that keep your finances flowing. It also enables you to organize expenses effortlessly.
  • Invoicing: You can create professional-looking invoices within seconds with its invoice generator. You can customize by adding the company logo and a thank you email in the invoices. It also lets you use log hours and automatically put them onto the invoice.
  • Payments: You can integrate Freshbooks with all kinds of payments. It makes payments instant and easy and secures them completely. You can set up these online payments in just a click.
  • Pricing: It starts at $8.50 per month
  • Free trial: 30 days

Pros

  • It offers an expansive integration.
  • This tool offers an automated mileage tracking tool.

Cons

  • Freshbooks may crash occasionally.

Get Free Now >>

30-Days Free Trial


3) Xero

Xero is a small business accounting software. It helps in collaborating with your advisors and helps you give access to your employees. This tool allows you to send online invoices with online payment options.

This free alternative to QuickBooks has one dashboard to check business performance. You can track bank cash flow and record and manage receipts and expenses.

#3
Xero
4.8

Online Accounting Application for Small Businesses

Supported platforms: Windows, Mac, Android and iOS

Customer Support: Email

Free Trial: 30 Days Free Trial

Visit Xero

Features:

  • Payment and bill tracking: It lets you make payments and accurately track bills on time. This lets you view bills that are due, make payments in a batch, schedule them, and store the bills in one place. This free alternative to QuickBooks, which is among the top free alternatives to QuickBooks, includes a dashboard to check your business performance.
  • Manage expenses: It helps manage expenses with the help of snapshots of receipts and allows you to claim them. Xero also monitors your employee spending, helps reimburse expenses, and claims mileage and expenses right from your phone.
  • Bank reconciliation: This popular accounting software keeps you updated on daily bank reconciliation of items from bank statements. Xero checks and accepts recommended reconciliations. It is also capable of reconciling transactions in bulk.
  • Financial reports: Xero’s financial reports monitor the amounts. It also helps follow employee’s payroll information and saves snapshots of contacts and relationship history.
  • Pricing: Its starting price is $25 per month.
  • Free trial: 30-day credit card not required.

Pros

  • It is user-friendly and integrates easily.
  • You can capture bills using Hubdoc.
  • It lets your customer pay in multiple ways.

Cons

  • Its features like multi-currency, expense claims, and projects are offered only in expensive plans.

Get Free Now >>

30-Days Free Trial


4) Netsuite

NetSuite is a cloud business product suite developed by Oracle. It provides real-time visibility of your business’s financial performance. Using Netsuite, you can also take care of accounts payable and receivables.

This tool helps you streamline your financial planning process. It lets you manage users according to their roles using the dashboard. You also get services like cash management, tax management, close management, and more.

#4
NetSuite
4.7

Cloud Finance and Accounting Solutions

Supported platforms: Windows, Linux and Mac OS

Customer Support: Phone, Chat and Email

Free Trial: Request a Free Trial

Visit NetSuite

Features:

  • Accounting: It integrates with other suite pieces like customer management, inventory, financial management, and more. This helps with all-in-one accounting and beyond.
  • Real-time information: It has real-time metrics and a role-based dashboard that helps improve performance. The insights include financial metrics like liabilities, profitability ratios, inventory margins, and more.
  • Automation: You can automate all repetitive tasks. Thus, you can leave tasks like data collection and reconciling account statements to Netsuite.
  • Other features: Netsuite offers billing management capabilities that can integrate your finance and sales and help with customer relationship management. This QuickBooks alternative also provides a revenue recognition management solution.
  • Pricing: Contact support for a quote
  • Free trial: Available on request

Pros

  • It is one of the best accounting software solutions that has General ledger capabilities.
  • Netsuite can manage fixed assets and payments.
  • It offers multiple integration options.

Cons

  • This tool is not ideal for small businesses.

Get Free Now >>

Request a Free Trial


5) Melio

Melio is a web-based accounts payable app that lets businesses conveniently pay their bills. You can use bank transfer and debit card for free or send via a credit card.

Designed specifically for the needs of SMBs, it is user-friendly and efficient. Melio helps reduce costs and saves time, enabling SMBs to focus their business rather than logistics.

Melio

Features:

  • Accounting: You can sync it with several tools to simplify bookkeeping. This eliminates a dual entry of vendor/bill information.
  • Approval workflows: It lets you share one account with your team. It also lets you set roles and their payment permissions.
  • Bill capture: You can capture bills easily by taking a photo or uploading a file. It also lets you manually enter the details, send invoices to Melio inbox, and connect with accounting software.
  • Payments and invoices: Melio helps split bills and create multiple payments. This helps make payment more flexible. You can pay any type of invoice with a bank transfer for FREE. It also lets you use your credit card to defer payment (2.9% fee). The vendors receive a check or a bank deposit.
  • Pricing: No subscription fee, it only charges for certain services starting price is $1.50.
  • Free trial: 7 Days Free Trial

Pros

  • It has no transaction fees and no charges to recipients.
  • You can make multiple payments as a bundle.

Cons

  • It can pay only to companies located in the US.

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Free to use when you pay with ACH bank transfer or paper check


6) Sage 50

Sage 50 is a small business and accounting software that helps you manage payments and expenses. It offers various types of payroll and finance management products.

You can access client details, transaction history, and account balances from M.S. Outlook. It enables you to schedule backup to MS OneDrive with 1 TB of available storage.

Sage

Features:

  • Cashflow and invoicing: This tool helps analyze and manage cash flow. It lets you track your earnings and expenses, send customized invoices to customers, and get payments online.
  • Payment and banking: It simplifies your processes by automating payments, invoicing, purchase orders, and account reconciliation. Sage 50 helps integrate feed from bank and credit card companies. It also automatically clears matched transactions in its account reconciliation.
  • Inventory management: This Quickbooks alternative offers advanced inventory tracking and management. It can customize units of measurement and help create inventory by assembling items.
  • Other features: Sage offers job and project costing, reporting, and add-ons like Payroll and Microsoft 365.
  • Price: Plans start at $57.17 a month.
  • Free trial: 30 Days Free Trial (Credit Card not Required)

Pros

  • It is one of the best QuickBooks alternatives that offer an in-depth reporting functionality.
  • You can upload a picture of expense receipts to Microsoft OneDrive, and it auto-syncs with Sage.

Cons

  • The setup is time-consuming.

Get Free Now >>


7) Neat

Neat is a user-friendly small business accounting and bookkeeping software. It is one of the best small business accounting software that helps improve efficiency with real-time reporting, fuss-free customer billing with online payments, mobile receipt capture, and more.

It helps you to pair receipts with expenses in minutes so that you will get real-time updates. You can also use Neat’s mobile app to upload and match receipts to expenses as they occur on your phone or tablet.

Neat

Features:

  • Track receipts: Neat lets you capture and upload data and has easy drag-and-drop capability. It has powerful OCR software that extracts data from any paper document. You can also organize your files and integrate them with several applications.
  • Reconcile: Keep all your transactions in one place, be it paper receipts, invoices, bank transactions, and more. It simplifies data entry by automatically matching transactions and reconciling receipts and invoices.
  • Finance management: Neat helps you view your business by offering trending data about your cash balance, large expenses, total sales, and more. It allows you to access documents that need review and saved reports. You can also use it to make informed decisions with real-time reporting.
  • Other features: Neat also offers tax prep, security, and compatible scanners.
  • Pricing: Plans start at $200 annually.
  • Free trial: 15-Days

Pros

  • It is one of the best QuickBooks alternatives that offers unlimited support to solve all your queries.
  • Neat is easy to install and has a simple interface.

Cons

  • It is expensive compared to its competitors.

Get Free Now >>

15-Days Free Trial


8) Patriot Software

Patriot Software is an accounting and payroll management app for small businesses. It helps you securely run your payroll from any device connected to the internet.

This software utilizes encryption techniques to keep your bank information safe. It lets you add unlimited users and create and track unlimited customer invoices.

Patriot Software

Features:

  • Vendor and customer payments: You can track all customer payments you need to make. It also helps you assign departments to vendor payments and customer invoices.
  • Track expenses and income: It lets you easily track, manage, and add assets, income, expenses, liabilities, and more. Thus letting you keep your COA as soon as you set it up.
  • Invoices and receipts: Patriot Software lets you set up recurring invoices. It helps you create and send estimates and includes invoice payment reminders. You also get custom invoice templates, and it securely manages receipts and documents.
  • Other features: This accounting software, a free accounting software like QuickBooks, offers free expert support, can record payments, and accepts credit cards. It also has payroll integration, user-based permissions, account reconciliation, and much more.
  • Price: Plans start at $20 a month.
  • Free trial: 30 Days

Pros

  • It helps create and print 1099 and 1096 forms and has optional 1099 e-filing.
  • This software is one of the best QuickBook alternatives that provides great payroll flexibility.

Cons

  • The reports are not customizable.

Get Free Now >>

30-Days Free Trial


9) Kiwili

kiwili is online accounting software for businesses and freelancers that helps you manage your expenses and revenues in a better way. It also enables you to see the amount of taxes collected and paid.

This free QuickBooks alternative provides accounting automation and can analyze your cash flow. You can also bifurcate your income and expenses using Kiwili.

Kiwili

Features:

  • Invoicing: With its online invoicing software, you can get payments faster. It lets you import all your work in one invoice, helps customize it with your company’s name, and more.
  • Accounting automation: Kiwili lets you generate all your accounting documents within just a few clicks. It lets you reconcile easily and make journal entries. You also get trial balance, general ledger, balance sheet, income statement and more.’
  • Expenses: It provides you a centralized management for your expenses with reports. Kiwili lets you optimize company expenses and automatically lets you include expenses in your accounting.
  • Other features: This tool offers estimates, time tracking, cash flow, and reports. It includes time tracking, financial monitoring, and more.
  • Price: Kiwili offers charges based on different services, its starting price is $16 per month for invoicing.
  • Free trial: 14 days

Pros

  • This QuickBook desktop alternative lets you add quote amounts in the cash flow forecast.
  • It helps you find out where your revenues are coming from.

Cons

  • It doesn’t offer any form of instant support.

Link: https://www.kiwili.com/kiwili-erp-free-accounting-project-management-software/


10) FreeAgent

FreeAgent is an accounting and money management tool. You can use it to track and send professionally designed invoices. It provides a bird’s eye view of the performance of income, expenses, and profit.

You can use it to fill out and file your self-assessment tax return to HMRC. FreeAgent provides a bird’s eye view of the performance of income, expenses, and profit.

FreeAgent

Features:

  • Invoices: You can create professional invoices using its templates. It lets you brand the invoices, set up prices for commonly sold products, and keep your future invoices ready.
  • Estimates: FreeAgent includes professional estimate templates that can be customized. You get notifications during the acceptance and rejection of quotes. Additionally, it lets you generate multiple currency and multi-language estimates.
  • Banking: Using this QuickBooks alternative, you can link your bank account. This helps automate importing bank transactions daily with bank feeds.
  • Other features: FreeAgent offers expense management and project management. It enables you to analyze your cash flow and view when your tax bills are due. Furthermore, you can forecast your corporation tax bill.
  • Price: The starting price charges $12 per month.
  • Free trial: 30 days

Pros

  • It is one of the best QuickBooks alternatives free of charge that offers an in-built stopwatch to record your time.
  • You can review VAT returns and files with a single click.

Cons

  • It has limited features.

Link: https://www.freeagent.com/


11) Tally

Tally is an ERP accounting software that helps you record day-to-day business data from your desktop. It automates your business operations, such as finance, sales, manufacturing, inventory, and purchasing.

This tool is simple with a low learning curve, yet it is powerful software. You get insightful, actionable reports with Tally. It also lets you filter reports, change views, save views, and more.

Tally

Features:

  • Transactions: This free alternative to QuickBooks, known as a ‘QuickBooks free alternative’, helps you manage bank transactions and checkbooks. It enables you to handle all types of transactions, including payments, purchases, journals, and more.
  • Vast reports: Tally offers several reports, including accounting reports like ledger reports, cash/bank books, bills receivable and payables, and more. It also provides financial reports, inventory reports, and management control reports.
  • Invoicing and accounting: Tally lets you create professional GST-compliant invoices. You can put additional information into these invoices. It also comes with an in-built intelligence that can generate different GST invoices. This feature offers flexible sales and purchase management, payment links, QR codes on invoices, and more.
  • Other features: This cloud-based accounting software offers credit and cash flow management, banking, net capabilities, and cost control and analysis. It also provides inventory management, payroll management, taxation and complaints, and more.
  • Pricing: One-time purchase starting price $630
  • Free trial: 7 days

Pros

  • You can easily organize your outstanding payments and invoices.
  • It is a feature-rich software.

Cons

  • Tally leans on the expensive side.

Link: https://tallysolutions.com/erp-software/accounting-software-india/


12) Wave

Wave accounting tool is a replacement for QuickBooks. It helps you handle invoices, transactions, investments, and more. This QuickBooks alternative open-source software enables you to track income and expenses without any stress.

It is a simple, reliable, and secure application that manages cash flow and keeps you tax-ready. You can also capture receipts on your mobile camera and scan them instantly with this application.

Waveapps

Features:

  • Accounting: This alternative of Quickbooks helps you track expenses, business health, and income. You can start tracking right after you set Waveapps by connecting it to unlimited bank and credit cards. It also has a smart dashboard that gives complete information about how your business is going.
  • Invoicing: It helps in creating invoices instantly, and you can also set up billing for recurring invoices. This allows you to get credited automatically. It enables you to create and send unlimited professional invoices.
  • Payments: Waveapps helps you get paid within just 1 to 2 business days. It lets you accept multiple online payments like Apple Pay, credit cards, and bank transfers.
  • Other features: This tool offers payroll management and helps you access expert advice.
  • Price: You can sign up for free. It only charges for credit card transactions starting from 2.9%+$0.60 per transaction.

Pros

  • It has invoices with auto-reminders.
  • The transactions can be categorized easily.

Cons

  • It offers limited customer support.

Link: https://www.waveapps.com/accounting

FAQ

Following are some of the best alternatives to QuickBooks:

The following are the key difference between desktop and cloud small business accounting software:

Desktop Small Business Accounting Software: In order to use desktop software, You have to install software on your computer and run it there. All your business account data is also stored on your system.

Cloud Small Business Accounting Software: While this accounting software operates on the internet. To use it, you do not need to install it on your computer. Your business account data is stored on a cloud server. To access the Cloud software, you can visit its website and sign in with your username and password. Thus, you can access this software with a connection to the internet from anywhere and on any device.

No, there is a Trial Version (Account) of Quickbooks, which is available for 30 days. After that, you have to subscribe to the paid version of Quickbooks.

You should consider the following factors while selecting accounting software.

  • Easy-to-use.
  • Your business size.
  • Quality of their customer service/support.
  • Cost of the license, if applicable.
  • Hardware and software requirements of the accounting software.
  • Support and update the policy of the software.
  • Reviews of the company.

Top QuickBooks Alternative [Free/Paid]

Zoho Books FreshBooks Xero Netsuite
Name Zoho Books FreshBooks Xero Netsuite
Features ✔️ It automatically calculates GST and generates the report.
✔️ You can follow up payment using automatic alerts.
✔️ You can generate invoices for clients in just a few clicks.
✔️ It enables you to organize expenses effortlessly.
✔️ You can connect Xero to your bank.
✔️ Record and manage receipts and expenses.
✔️ It provides support via phone, chats, or email
✔️ Netsuite helps you to streamline your financial planning process.
Price 14-Days Free Trial 30-Days Free Trial 30-Days Free Trial 14-Days Free Trial
Review/Rating 4.6 Star Rating 4.6 4.5 Star Rating 4.5 4.7 Star Rating 4.7 4.5 Star Rating 4.5
Link Visit website Visit website Visit website Visit website