QuickFile is well liked by many freelancers, entrepreneurs and small businesses, scoring 4.7 out of 5 from over 1,200 reviews on Trustpilot. This isn’t a ranking but a simple list – some packages will be superior in some areas, and inferior in others, depending on your specific needs.
Our top 10 free accounting packagesīearing in mind that no software is a substitute for a trained human accountant, and that free packages are inevitably more limited than paid ones, here is a list of the accounting freeware that has impressed us most recently. It may also help you decide which accounting services you might eventually want to source from an accountant. You can then get a better idea of what kinds of additional accounting features you’d be willing to pay for. However, if your turnover is small or your finances are relatively simple, then you may get all the performance you need from a freeware accounting app.įor example, if you’re just setting up in business and getting the lie of the land, free accounting software may help you get started without too much initial expenditure. Accounting is quite literally ‘serious business’, and errors can prove damaging as well as very costly, so if your business is above a certain size it’s worth shelling out for a mainstream accounting package such as Sage, QuickBooks or FreshBooks. With accounting software, as with most things in life, you get what you pay for. But if you’re going to do this, it really helps to use software that’s compatible with whatever your accountant uses, so you can simply share files and transfer your data over to them. If you handle the simpler tasks such as bookkeeping and cashflow management, you can save your accountant’s time for the heavier lifting such as handling your corporation tax returns.
Even if you use an accountant, you can reduce your overall costs by tackling some of the workload yourself.
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