We’re often asked “which accounting software should our business use” and with so many options to choose from it can be overwhelming when you see just how many solutions that are available.  Thanks to the good folks over at PC Magazine, we have a list of the top accounting software solutions.  Their list is much more extensive, but to help you narrow it down, we’re looking a the top 5.

Xero

Website
Starting at $9 per month
Xero is edging closer to QuickBooks Online. It’s an exceptionally good double-entry accounting site that offers some features that QuickBooks doesn’t, but its new report format and state payroll support are works in progress.

Freshbooks

Starting at $12.95 per month
FreshBooks is the site to beat when it comes to managing and tracking invoices, time, and expenses for the very small business that doesn’t need full-blown double-entry accounting.

Zoho Books

Starting at $9 per month
Zoho Books may not have the name recognition of Intuit’s QuickBooks or Xero, but it’s superior to both of them in terms of its depth, capabilities, and customization. Only the lack of integrated payroll keeps it from getting a solo PC Magazine’s Editor’s Choice.

Quickbooks

Starting at $13 per month
QuickBooks Online Plus offers the most comprehensive set of features for small business accounting. It’s easy to use, aesthetically pleasing, and has numerous integrated add-ons to extend its’ reach.  Not only is Quickbooks PC Magazine’s Editors Choice, but as Quickbooks Certified accountants we also give Quickbooks a big thumbs up.

AccountEdge Pro

Starting at $399
AccountEdge Pro offers industrial-strength small business accounting for the desktop; it’s a full-featured, flexible application, but it only allows you to do a limited amount of work online.