Best Paid Accounting Software Solutions for Small Businesses in 2020

June. 14,2025

Explore the top paid accounting software options for small businesses in 2020, including Zoho Books, QuickBooks, FreshBooks, and Xero. These platforms offer essential features like invoicing, expense tracking, payroll, and financial report generation, all at affordable prices to streamline your accounting processes and support business growth.

Best Paid Accounting Software Solutions for Small Businesses in 2020

Leading Paid Accounting Programs for Small Enterprises in 2020

For small businesses, reliable accounting software is essential. These tools streamline tasks like managing purchase orders, tracking receivables and payables, payroll processing, invoicing, expense tracking, bank reconciliations, and financial reporting. The ideal software should be budget-friendly and simplify data synchronization and report generation.

Below are four top-rated paid accounting options available this year for small business owners.

Zoho Books: Offering comprehensive accounting features including report generation, bank account syncing, expense management, invoicing, and more, Zoho Books is just $9 per month. Its extensive functionality combined with affordability makes it a popular choice.

The platform features a clean, user-friendly dashboard with widgets like bank and credit card accounts, project management, top expenses, cash flow graphs, outgoing payments, and receivables. Its logical layout and intuitive interface facilitate easy navigation and data entry.

QuickBooks: Perfect for startups and growing businesses, QuickBooks offers flexible plans starting at $7/month. It caters to small service providers, retailers, online sellers, consultants, and freelancers, providing essential accounting functions without sacrificing detail.

QuickBooks supports quarterly and yearly tax filings, automatic backup, expense and income tracking, and detailed financial reports. Its scalable features make it suitable for various business sizes and needs.

FreshBooks: Ideal for small businesses focusing on expense management, invoicing, and time tracking without complex accounting tools. FreshBooks is straightforward, with easy navigation, customizable reports, and flexible invoicing options. Plans start at $7.50 monthly.

Xero: Starting at $20/month for limited bills and invoices, Xero is user-friendly and efficient for small enterprises. It offers invoicing, bill payments, bank reconciliations, expense claims, inventory management, purchase orders, and payroll. A free 30-day trial is available.

Note:

This blog provides valuable insights across various topics. While our research offers useful information, it should not be considered definitive. We are not responsible for discrepancies or errors in data from external sources and acknowledge that some schemes or offers might be missing from our coverage.