Editorial Review

Sage 50 Accounting (formerly Sage 50cloud) is scalable, on-premise accounting software that automates administrative tasks such as invoicing, payments, and inventory management. Its features include a cash flow manager, bank reconciliation, job costing, payroll, and reporting. Pricing starts at $61.92 per month for a single user. You can sign up for the 30-day test drive…

GnuCash is open-source small business accounting software that helps you manage and track your bank accounts, stocks, income, and expenses. Its features include statement reconciliation, scheduled transactions, double-entry accounting, and a checkbook-style register for tracking cash flow. It is free and available for Windows, Mac, and Linux. I’m impressed with its banking features, but I…

Wave is cloud-based accounting software that allows you to manage your bookkeeping, invoicing, and payment processes in one place. What I like most about it is that it is easy to set up and that it has a free plan with all the basic features that many businesses need. However, I wish it had more…

NCH Express Accounts is a desktop accounting software that works without an internet connection. It can account for invoices and perform bank reconciliations. When I tested the free version of the software, I liked its bank reconciliation feature. The only downside is it doesn’t connect with bank feeds, which means I have to manually upload…

QuickBooks Enterprise is desktop-based accounting software that provides powerful tools to manage complex accounting needs, like advanced inventory management, job costing, and customizable reporting. I find it an excellent choice for small to midsized companies—especially those with large inventories—but it’s too expensive and complex for very small businesses keeping their own books. It contains all…