10 Best Accounting Software in the Philippines 2024 | QuickBooks, FreshBooks, Xero and More

QuickBooks Online is one of the most popular accounting software for small businesses that is accessible through a web browser or via a mobile app. They offer a 30-day free trial that can be translated into four different subscription plans with a discount on the first few months to suit your business's needs. 

Quickbooks also has several variants that deal specifically with payroll, inventory management, time tracking, budgeting, and more. Their online app store has categorized all their apps by function, with detailed examples of the benefits of every app. However, if you need customizations for your accounting system, you can talk to the QuickBooks team to make it happen.

Different businesses require several accounting requirements. To accommodate a wide range of needs, Quickbooks offers different forms such as Self-Employed, Online Advanced, Live Bookkeeping, Desktop for Mac, Desktop Pro, Quickbooks Premier, and QuickBooks Enterprise. 

FreshBooks is a well-designed and easy-to-follow platform that keeps track of your small business's expenses, payments, and receivables. Startups will benefit from its automated tools for management that can handle tons of accounting activities. 

The package has plenty of features such as invoicing, tracking time and expenses, a host of business reports, and even taking credit card payments. The non-accountant in you will like the straightforward interface that ensures your business will be up and running right away. Save precious time by automating invoice reminders and switching the business on autopilot process. 

You can also customize its dashboard, keep all client conversations private, sync with your team, and manage everyone's work schedules. Integrations are available too for third-party apps such as Shopify, Gusto, or G Suite. If you're running a service-based business, FreshBooks is your top choice.

If you're looking for an accounting software that can accommodate unlimited users, Xero's subscription plan is the best option. As your business grows, you can freely add new employees at no extra cost. Xero also has pricing plans for several stages of the company's expansion. There are also specific plans intended for freelancers, traders, small business owners, or enterprises. 

All plans are inclusive of features such as estimates, inventory tracking, or recurrent invoicing. If you're into project management, there are tools available where you can track tasks, expenses, budgets, billable time, and payments. You can also collaborate with other users for specific projects and create an invoice for customers through the software. 

Accounting reports can be generated in 50 different types to monitor your business and make crucial decisions. The tons of extras bundled in each plan make this a powerful software for growing businesses.

Do you want an accounting software that doesn't let you worry about monthly or annual fees? You can try out Wave Accounting, a completely free cloud-based accounting software that lets you send invoices, run reports, and connect with popular third-party business apps. You can do unlimited transactions, invoices, and add multiple user accounts. 

Wave Accounting profits from its users who receive invoice payments. Just like any popular accounting tool, its system allows you to create and schedule recurring payments and invoices, with the option for automatic payment reminders and syncing with your bank, Paypal, or credit card accounts. 

You might be amazed at the level of reporting features that Wave has as free software. You can easily generate reports on your cash flow, profits, losses, expenses, or upload receipt images. The platform is easy to use and very much at par with paid accounting programs in terms of quality. In the freemium apps category, Wave Accounting is the hands-down winner.

Affordable accounting programs are a huge help to freelancers and the self-employed, that is why Sage Business Cloud Accounting can be their best alternative. Its entry-level plan lets you create and send invoices while tracking payments and automatically do bank reconciliations. One of the reasons that many choose Sage is because it is easy to set up and navigate.

One-on-one help handled by Sage's team of accounting experts is available, so newbies aren't too intimidated when using the program. Once you subscribe, you will have modules to handle and submit VAT and manage invoices, quotes, bank feeds and reconciliation, cash flow forecasting, various currency support, project tracking, or detailed reports. 

One of the best services that Sage has is its 24/7 customer service chat and Q&A sessions for users who are not so accounting-savvy. The company also operates an app marketplace and incorporates several apps to expand the system as your business grows. 

Simplicity and easy navigation are what Zoho Books provide to microbusinesses for free. This software makes it easier for business owners to use basic features, as well as advanced tools, to send invoices and manage their books of accounts. Easily automate recurring invoices, payment reminders, or reports to save time and energy. 

The software can create and send invoices from an Android, iOS, or Windows mobile device as soon as a job is finished instead of waiting to get back to the office. Zoho Books has a client portal for their users where the customers can visit to view invoices, leave a comment, and pay online.

One of the main selling points of this software is its own suite of integrated business apps such as CRM software, email and social media marketing solutions, spreadsheet editor, and tons of productivity tools. With all the features and services, Zoho Books is the go-to accounting software for microbusinesses this 2021. 

One of Kashoo's strengths that will benefit startups or home-based businesses is its ease of use. Its multi-currency and credit card transaction support is a major plus to cope with today's global economy. Looking at its interface, it is devoid of confusing clutter and presents a summary of your financial position in a single glance. 

Get to generate automated reports on your businesses' updates, create professional-looking invoices, receive payments, or automate tracking expenses to make everything easy-peasy. Whether email, phone, live chat, or social media, Kashoo covers all of these platforms to deliver customer support - even snail mail! 

Unfortunately, Kashoo is not available on the Android platform, but you can always use the web-based version or the iOS app for Apple products. If you need a totally free invoicing template for PDF, MS Excel, or MS Word, Kashoo also offers it on their "Truly Small" accounting section, available on iOS and Google Workspace.

For business owners with a bit of accounting experience, the AccountEdge Pro is the best option for premium accounting software. It is easy to use and is an integrable solution that works on a double-entry system. This helps your accountant in cross-checking every entry faster and more efficiently. 

The software has a Mac or Windows-friendly program and supports multi-currency, depending on the country you work from. AccountEdge Pro allows any user to create their own budget chart and plan expenses accordingly. It also manages banking, credit cards, debit cards, and tracks profit. 

If you plan on working on multiple devices, you can use the AccountEdge Connect web browser application. Explore the software of its features and usability with its 30-day trial period. Your growing business will need all the help it could get, that is why AccountEdge Pro will give it the edge it needs.

With ZipBooks, you can work faster and smarter, not harder. The software lets you create professional-level customized invoices in a few seconds. You can connect your bank accounts and credit cards for easy payments and collections. Track your transactions, maintain a list of your creditors, and analyze your cash flow through immaculate record-keeping. 

A slew of features lets you balance the work and analysis of your day-to-day financial activities to make wise decisions and cut down unwanted expenses.  Organize your work into projects or tasks so you can track the time spent and record them straight in the software. That way, you can pull the invoice with just a single click. 

Creating a ZipBooks account will grant you access to unlimited invoice creation, manage unlimited vendors and customers while still being able to accept digital payments from Square or Paypal. You can also connect a single bank account into the system and generate basic reports, all of these services can be yours for free!

Revolutionize your bookkeeping tasks by using OneUp, a smart and simplified accounting software that does all the hard work for you. The program sets up a connection to your bank and synchronizes your accounts. It retrieves daily bank transactions and matches them with your choices as it understands your financial behavior and validates suggestions respectively. 

The software also matches any transactions with overdue invoices, vendor bills, transfers, or creates new data if needed. If you need a daily update of your financial status, OneUp delivers cash flow and profit info on a daily basis. The software also has a built-in tax calculator and a year-end report for third-party auditing and taxation purposes. 

One strong suit of this accounting program is its inventory and customer data management. You can easily access the software on mobile devices through their mobile app available on the Android platform.