There are a lot of low-cost and free accounting software programs for small- or medium-sized enterprises and solopreneurs that simplify bookkeeping tasks, create reports and supply tools that enable you to use your financial information.
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Intuit QuickBooks is a favorite bookkeeping, accounting, and payroll program created for small businesses. QuickBooks is available in Basic, Online, Pro and Premier Editions. The Pro edition includes management tools like a Vehicle Mileage Tracker and a Cash Flow Projector.
The free Simple Start version keeps information organized, tracks sales and expenses for up to 20 clients, creates invoices, pays bills and prints checks.
Simple Start tracks tax-related expenses and income and creates crucial reports on sales, costs, losses, and profits. It includes step-by-step tutorials and 30 days of free email support, and it interfaces easily with Excel. Your data transfer readily to other versions whenever you're ready to upgrade.
Simply Accounting by Sage Provides First Step, Pro, Premium, Enterprise, and Accountants editions. Professional models can track customers and suppliers, manage stock, prepare bills and process payroll.
The First Step version is created for start-up, little and home-based companies and can perform simple entry-level bookkeeping tasks such as preparing invoices, paying invoices, and monitoring revenue and expenses.
The Simply Accounting First Step free trial version is available to download and use for 60 days. Simply Accounting First Step Express is another downloadable version available free to Canadian users.
The basic version named Office Accounting Express is free. It's the look and feel of familiar Microsoft Office products and can create quotes and invoices, write checks, track expenses and reconcile online bank accounts.