CPA firms and accountants use accounting software applications that record and report business financial transactions.
While looking for accounting software, you must choose carefully based on the size of the company, its features, etc. The core modules of accounting software are accounts receivable, accounts payable, general ledger, billing, and more.
The accounting software for CPA firms and accountants should manage accounts and benefit the user. There is such software that stands out in this matter, and they will be discussed here below.
Here are the top 15 accounting software for CPA firms and accountants!
Let us look at the top accounting software for CPA firms and accountants one by one.
1. Quickbooks
Quickbooks is a software for accounting and bookkeeping. It helps run and grow your business. Not only that, but it is one of the simplest accounting software for CPA firms and accountants. Quickbooks can be used by all kinds of businesses, no matter their size.
Features of QuickBooks include the following:
- Cloud accounting
- Invoicing
- Online banking
- Accounting reports
- Cash flow management
- Time tracking
- Accounting reports
- Multiple users
- Free unlimited support
There are four plans for Quickbooks on a monthly basis:
- Simple start: 12.50 USD
- Essentials: 25 USD
- Plus: 40 USD
- Advanced: 90 USD
2. Oracle Netsuite
It is one of the leading accounting software for CPA firms and accountants. Netsuite is a one in all cloud ERP software.
Its features include:
- Accounting and financial management
- Customer relationship management
- Warehousing manufacturing
- Inventory management
- Analytics and reporting
Pricing of Oracle Netsuite
- The base pricing of Oracle Netsuite is 999 USD monthly.
- The individual user costs 99 USD monthly.
- You can also get customized prices according to your requirement.
3. Freshbooks
Freshbooks is one of the most well-known accounting software for CPA firms and accountants. It is a user-friendly software that is extremely easy to customize.
Its features include:
- Accounting
- Apps
- Clients
- Estimates
- Proposals
- Reports
- Time tracking
- Mobile
- Payments
- Projects
- Expenses
- Invoicing
- Mileage tracking
Freshbooks have four plans that come in both a monthly and yearly basis.
- Lite: 4.50 USD Monthly and 130 USD yearly
- Plus: 7.50 Monthly and 217 USD yearly
- Premium: 15 USD Monthly and 435 USD yearly
- Custom pricing is available in your demand.
4. Zoho
Zoho is powerful accounting software. It is a comprehensive cloud financial platform that cares about business finance.
Its features include:
- Invoicing
- Estimates
- Client portal
- Expenses
- Bills
- Banking
- Projects
- Inventory
- Sales orders
- Purchase orders
Zoho has four plans; here is the pricing of monthly plans that are billed annually.
- Standard: 14 USD
- Professional: 23 USD
- Enterprise: 40 USD
- Ultimate: 52 USD
5. Melio
Melio is a user-friendly software that helps you pay all your expenses and invoices online. It makes sure you run your business with ease.
Its features include:
- Batch payments
- Points and rewards
- Approval workflows
- International payments
- Easy bill capture
- Accounting software sync
- Partial payments
- Customer support
Melio’s pricing depends on the transactions you make. Here is how it works:
- Free: Bank transfer (sent and received), accept credit card payment, checks sent through USPS
- 9% fee: credit card payment, debit card payment
- 1% fee: same-day transfer, instant payout
- 20 USD: check delivery via FedEx, international transfer in USD
6. Godaddy Online Bookkeeping
Godaddy Online bookkeeping is one of the largest service providers of accounting software for CPA firms and accountants. They have 20+ million customers worldwide.
Here are its features:
- Automatic invoices
- Business reports with profit and loss
- Accepts payment from credit card, debit card and mobile
- Mileage and time tracking for tax
Pricing of Godaddy is based on a monthly fee:
- Starting: 4.99 USD
- Essentials: 9.99 USD
- Premium: 14.99 USD
7. Xero
Xero offers 700 app integration and manages all aspects of a business. It is powerful software that can help your business grow.
Its features include:
- Send invoices
- Bank reconciliation
- Pay bills
- Claim expenses
- Bank connections
- Accept payments
- Track projects
- Tax returns
Pricing of Xero based on monthly plans:
- Early: 12 USD
- Growing: 34 USD
- Established: 65 USD
8. Zar Money
Zar money is one of the most powerful and all-in-one accounting software for CPA firms and accountants.
Its features include:
- Accounting
- Bookkeeping
- Accounts receivable
- Invoicing
- Billing
- Payment processing
- Invoice and estimate
- Order management
- Inventory management
The pricing of Zar Money depends on the number of users, and here is a list of the price on a monthly basis:
- 1 user: 15 USD
- 6 users: 60 USD
- 11 users: 110 USD
- 15 users: 150 USD
- 19 users: 190 USD
- 24 users: 240 USD
- 29 users: 290 USD
9. Plooto
It is a low costing accounting software that provides excellent features at a reasonable price. Plooto is one of the best software for small businesses as it can help cut costs and provide the same benefits.
Its features include:
- Accounts receivable
- Accounts payable
- International payment
- CRA payments
- Online check payments
Pricing of Plooto on a monthly basis:
- Individual business: 25 USD
- For accountants and bookkeepers: 25 USD
10. Wave
Wave offers quality accounting features and makes managing money as simple as possible. It is best for small business owners and is user-friendly.
Its features include:
- Invoicing
- Payments
- Accounting
- Banking
- Payroll
- Advisors
The pricing plan of Wave varies for the functions used; here is a list of its pricing:
- Invoicing: free
- Accounting: free
- Banking: free
- Payments: credit cards charge 2.9 to 0.60 USD, AmEx charge 3.4 to 0.60 USD, and bank payments charge 1 USD
- Payroll: tax services charge 35 USD monthly, and self-service states charge 20 USD monthly.
- Advisors: bookkeeping support charge 149 USD monthly, and accounting and payroll coaching charge 329 USD monthly.
11. Sage
It is software that meets all the demands of businesses and accountants to help with data management. Sage has award-winning solutions that make it one of the best accounting software for CPA firms and accountants.
Its features include:
- Accounting software
- Business intelligence
- Inventory management
- Supply chain management
- ERP software
- CRM data management software
- Payment processing
- Accounting app
- Start-up cost budget templates
Pricing of Sage on a monthly basis:
- Sage accounting start: 10 USD
- Sage accounting: 25 USD
12. AccountEdge
It is a powerful desktop small business accounting software. It understands a small business’s needs thoroughly and provides all solutions in one place.
Its features include.
- Jobs window
- Easy job budgeting and analysis
- Job-status
- Time tracking
- Job transactions
- Promise date
- Jobs with linked customers
- Custom lust and fields of jobs
Pricing of AccountEdge:
- AccountEdge Pro starts at 499 USD, which is a one-time fee.
- Priority ERP pricing is provided by contacting AccountEdge directly.
13. Bill.com
Bill.com helps manage cash inflows and outflows. It allows the teams to collaborate in real-time; hence it is one of the top accounting software for CPA firms and accountants.
Its features include.
- Duplicating invoices
- Set up a task approval workflow
- Fast chat support
- Logs all payment-related activities
- Accessible from iOS, desktop and android
Pricing of Bill.com on a monthly basis:
- Pay bills and get paid: corporate 79 USD
- Pay bills: essentials 45 USD, team 55 USD
- Get paid: essentials 45 USD, team 55 USD
14. Neat
Neat is an easy-to-use small business accounting software for bookkeeping. It can be used for sizes of business.
Its features include.
- Increase efficiency
- Real-time reporting
- Mobile receipt capture
- Fuss-free customer billing with online payments
- Access saved reports easily
Pricing of Neat accounting software is based on monthly plans:
- Monthly: 29 USD
- Yearly: 24 USD monthly and billed yearly as 288 USD
15. SAP Financials
SAP is mobile-friendly accounting software that provides the best solutions for employees, consumers and stakeholders.
Its features include:
- General ledger
- Accounts payable
- Accounts receivable
- Bank accounting
- Asset accounting
- Funds management
- Travel management
- Special purpose ledger
Pricing of SAP Financials based on a monthly basis:
- Limited license for a single user: 56 USD
- Professional license for a single user: 108 USD
Summing Up
Accounting software is a staple tool for any business to drive themselves to new heights. It helps organizations manage their accounts and records hassle-free, plus it boosts your workplace efficiency.
Like Bob Newhart said,
“I was never a Certified Public Accountant. I just had a degree in accounting. The reason I was never Certified Public accountant was because it would require passing a test, which I would not have been able to do”.
So why not get that accounting software for your business and accountants today.