Best 7 Accounting Programs for Small and Medium Businesses

If you run a small or medium-sized enterprise in the United States, utilizing accounting software can streamline your financial operations. Numerous solutions on the market offer features like billing, invoicing, payroll processing, expense management, financial reporting, and tax preparation. Carefully evaluating these options ensures you select a tool tailored to your business needs, enhancing efficiency and accuracy.

Deltek Costpoint
For government contractors in the US, Deltek Costpoint stands out as a top choice. It caters to project management and accounting by tracking payables, receivables, invoices, expenses, and assets efficiently.

This software aligns with project and financial management needs, helping businesses control invoices, expenses, and fixed assets effectively.

Microsoft Dynamics 365
If you seek comprehensive business management tools integrated with your accounting system, Dynamics 365 is worth considering. It offers features like invoicing, budgeting, financial reporting, and lead management, providing robust support for business operations.

Accounting Suite
This platform manages payables, receivables, and bank reconciliations. It also handles general ledger activities and payroll processing, simplifying the upgrade and management of bank statements.

Neat Small Business Solutions
Ideal for businesses dealing with numerous monthly expenses, Neat Small Business Solutions helps categorize transactions, simplifying accounting and tax processes. It streamlines bank reconciliations, expense tracking, and tax management, easing busy periods like tax seasons.

SlickPie
An online, free accounting tool designed for small businesses, offering invoicing, billing, bank reconciliation, expense tracking, and sales tax management. Its automation features, including payment reminders and recurring invoices, make daily tasks easier. Automated receipt data entry simplifies data management, along with cash flow and tax handling.

Arithmo
A web-based solution that automatically calculates applicable taxes and manages bank accounts for freelancers and small enterprises. It supports billing, invoicing, and receivables, with a premium version available for advanced features.

Passport Business Solutions
This back-office software provides comprehensive tools for mid-sized companies, especially in distribution and retail, handling general ledger, payroll, and taxes smoothly.

Most of these programs are accessible online via their official sites or local branches. Some offer free versions, allowing you to verify if they meet your accounting needs effectively.