Best 10 Free Accounting Software Packages for Small Business

This is the Best Free Accounting Software for Small Business

With a million and one things to do each day, accounting doesn’t always take priority on small business owners to do lists. Taking advantage of accounting software can help small businesses manage invoices and payrolls with greater ease and efficiency. And without any costs to fork out, accounting software is even better when it’s free!

Free Accounting Software for Small Business

Take a look at the following ten best free accounting software options for small businesses.


ZipBooks provides powerful and simple-to-use accounting software designed to help small businesses move to the next level. ZipBooks’ free starter option includes unlimited invoicing, unlimited vendors and customers, unlimited bookkeeping, the ability to connect and manage one bank account, and a business health and invoice quality score.

xTuple PostBoks

xTuple PostBooks is enterprise resource planning (ERP) software, which means that in addition to accounting, small businesses can track sales, integrate inventory and take advantage of a customer management system. The free license program does not provide any specialized support.


SlickPie provide basic expense management for start-ups and small businesses. This easy-to-use expense management software provides everything a small business will need for slick and timely accounting, including straightforward invoicing and detailed reports to help keep their business finances healthy.


Wave provides completely free accounting that allows small businesses to track expenses, send invoices, get paid and balance their books. Businesses can send professional invoices and track the status of invoices and payments, so they know when to expect money in their bank account. Businesses can also accept credit cards and get paid faster with Wave.


Inv24 is a free inventory management and invoicing software, which enables small businesses to automatically organize and invoice their customers. With Inv24, business owners can download PDF versions of invoices or send them by email.


Brightbook is a free online accounting system, designed to help time-strapped and cash-strapped small businesses with no accounting experience run their business easier. Businesses can send professional-looking invoices in any currency, track bills and find out who owes them money in an instant with the easy-to-use Brightbook system.


TurboCash 4 provides free accounting software that is recommended for people earning less than $10 an hour. TurboCash 5 is recommended for small businesses, with cash book, general ledger, stock, debtors, creditors and invoicing features. TurboCash 5 is now available as a Cloud Service. Unlike TurboCash which is free, TurboCash 5 costs $60 a year.


Inveezy is a free invoicing tool for small businesses. Users can customize their invoices with their own logos and use the service to send repeated invoices. Businesses can get paid with PayPal or credit cards with the Inveezy system. Businesses also have the option to send an invoice as a quote as opposed to an actual bill.


GnuCash provides a simple approach to bookkeeping and accounting for small businesses. This free accounting software is available for Android, Linux, Windows, OS X, FreeBSDm GNU and OpenBSD. The software manages invoices, accounts payable and receivable, as well as employee expenses and some payroll features.


CloudBooks provides businesses with an effective invoicing tool designed to create efficient and timely billing. The CloudBooks’ Free Forever is a free tool for a single client. Businesses can take advantage of CloudBooks’ dedicated team, which can provide an integrated assistance and priority support to meet the needs of their business.

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Gabrielle Pickard-Whitehead

Gabrielle Pickard-Whitehead Gabrielle Pickard-Whitehead is a professional freelance writer and journalist based in the United Kingdom. Since 2006, Gabrielle has been writing articles, blogs and news pieces for a diverse range of publications and sites. You can read Gabrielle’s blog here.

11 Reactions

  1. Aira Bongco

    Thanks for the share. Accounting will always be an essential service for small businesses. I was even thinking of hiring an accountant but these services may do just as well.

  2. Thanks for sharing this article. But I would like to recommend another cloud accounting & profitability management software which is the best in this industry i.e.SlickAccount. It provides awesome features like cashflow management, inventory management, budget forecast, loan adviser,payment reminder, accounting etc.

  3. Thanks for sharing the article!! These utility softwares helps in managing accounts of the business. The softwares have many functionalities and features which really helps in accounting and other business management tools.
    This is the best pick at a place.

  4. Gail Gardner

    Readers of this post may also be interested in two other articles also on SmallBizTrends:

    47 Premium Invoicing Solutions With and Without Free Trials

    48 Completely Free Invoicing Software Solutions, Not Just Trials

  5. Hmmm

    As a small business owner, I have to say that i my humble opinion anyone who entrusts his personal and company data to any online access of any kind is either incredibly naive, incredibly stupid or both. No offense intended of course. But the fact remains that the internet in general, and “clouds” in particular, are completely defenseless in the face of determined hackers. The result is that these hackers regularly rip off hundreds of Millions of business and personal accounts containing highly sensitive business and consumer data from even the largest, well financed and technically sophisticated corporations across the globe every year.

    And this astronomical number doesn’t begin to count the additional millions (Billions?) of online accounts that are being harvested for data via quasi legal EULA agreements where the permission to exploit your private data is hidden in the small print behind impenetrable walls of legalize. And the worst thing about these facts is these corporations are not legally obligated to inform their customers of these hacks, let alone in a timely manner.

    It is no coincidence that the real money is in forcing consumers online and accepting pay per use contracts. Contracts that if you bother to stop and run the numbers turns that $50 dollar or even “free” accounting software into thousands of dollars out of your bottom line over the life of the product.

    No wonder you can’t find a legitimate, viable small business accounting program that doesn’t force you to go online. Simply put, if you are not physically connected to the internet, they can’t harvest your data, you can’t get hacked, and your data is infinitely safer…..

    • I concur. I like GNU Cash for free for my personal finances and I use it on my desktop. I do not use cloud-based anything for my own personal or business information.

    • well said! thanks for the reminder about how “free” works! there is no free lunch and there sure as heck ‘aint nothing free on the interweb 🙂 we pay one way or another.

      just looking for a simple bookkeeping program to track inflows/outflow for large sports organization. want a perpetual license. not a monthly recurring subscription service.


  6. Every accounting software listed here is great, with their own perks.
    I would like to add one more to the list, SlickAccount which is an awesome cloud-based accounting software specially designed for small and medium-sized business. You can check it out here:
    It has features like inventory management, online invoice creation, barcode scanning, bank integration, financial analysis & many more. Do check it out they have free trial as well so that you could see whether your business is suited to the software also, they have awesome customer support.

  7. Millions of small businesses use Wave’s award-winning, 100% free software, for … Connect your bank accounts, sync your expenses, balance your books

  8. The software mentioned in this article is incredible. And i totally agree with the fact that accounting software can help small businesses manage invoices and payrolls with greater ease and efficiency. And without any costs to fork out, accounting software is even better when it’s free! I’ll try one of this software for my own company. Thank you for sharing this list. Keep Posting.

  9. How is this programme any different from the cloud since the programme is now downloaded into your hard drive and possibly have access to all your information now? People can access your computer from any where in world once you down load any programme into your system. So please is this really a good programme. Because the providers of these programmes can also be hackers feeding offerinfor that you have given them access to. Please help because I am also looking for a programme that is not costly but i wont end up with problems in the long run.

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