The Best Accounting Software AU

Find the best accounting software to keep your finances on track and easily meet ATO digital reporting and Single Touch Payroll (STP) requirements. Compare our top picks and find the right fit for your business.

Most Popular
9.2
  • Centralize paperless records securely on the cloud with real-time and customizable financial reports.
  • Speed up workflows by automating bank reconciliations and custom invoice reminders.
  • Use JAX, your beta AI partner, to instantly generate invoices, quotes, and insights.
  • Collaborate 24/7 with employees or accountants with zero per-license user fees.

Xero is a powerful online accounting software for Australian small businesses and sole traders. Xero’s cloud-based platform is made to simplify the time-consuming, often complicated bookkeeping and admin tasks that are necessary to build and scale a successful business. Instead of spending hours in the books, Xero users can automate and customize their admin, speeding up processes from cash flow management to sending invoice reminders and more.

No matter what stage your business is at, Xero’s plans allow for unlimited user licenses and make it easy to manage cash flow, track expenses, accept payments online, integrate directly with apps and bank feeds, and much more – all without leaving Xero.

9.1
  • Choose an ATO-compliant, cloud-native platform tailored to support your growing business.
  • Get paid quicker by tracking your custom invoices and automating customer reminders.
  • Access award-winning customer support and built-in AI automated data capture.

Sage is a powerful, cloud-native platform built for growing Australian businesses with complex financial needs. It automates up to 90% of manual data entry while offering seamless, real-time consolidation across multiple entities, locations, and currencies.

With deep dimensional reporting and enterprise-grade compliance, Sage gives mid-sized companies the sophisticated control they need to scale with confidence.

8.5
  • Access a comprehensive range of highly customizable financial management features.
  • Get real-time insights into key financial metrics using built-in Intuit Intelligence AI.
  • Automate your daily expense tracking and lodge your BAS directly to the ATO.

QuickBooks’ invoicing software is an essential tool for Australian small businesses and growing businesses. It offers a user-friendly interface that simplifies billing, enabling you to create, customize, and send professional invoices quickly.

This highly flexible platform adapts to your workflow, making it the ideal solution for businesses looking to effortlessly scale their invoicing processes.

Frequently Asked Questions

What are the essential features to look for in accounting software?

Focus on these essential capabilities:
  1. ATO and Single Touch Payroll (STP) compliance

  2. Automated invoicing and billing

  3. Real-time bank feeds and integrations

  4. Centralized financial dashboards

  5. Robust data security

  6. Expense and mileage tracking

  7. Seamless payroll and superannuation integration

How can accounting software help with AU tax compliance?

Choose a platform that is natively compatible with the Australian Taxation Office (ATO) requirements for GST, Business Activity Statements (BAS), and Single Touch Payroll (STP). This feature allows you to prepare, track, and lodge returns directly to the ATO from within the software, eliminating the risks and errors associated with manual filing. This shifts your focus from a stressful tax season to a proactive, ongoing process that keeps your business audit-ready at all times.

How does cloud accounting benefit my business?

Move beyond outdated desktop systems and gain real-time financial visibility from anywhere, on any device. Cloud-based software automates routine bookkeeping tasks, from invoicing to bank reconciliation, freeing up valuable time for strategic planning and business growth. This flexibility and automation help you manage cash flow, identify cost-saving opportunities, and make better decisions with up-to-the-minute data.

What are the most important factors for choosing the right software?

Prioritize a solution that is easy for your team to use, as poor usability leads to low adoption and wasted investment. Look for a platform that can scale with your business and integrates seamlessly with your other systems, such as your CRM or specialized inventory tools, to prevent fragmented data and eliminate manual entry. Always check for robust data security measures and Australian Privacy Principles (APP) compliance to protect sensitive financial information.

Our Favorites

EDITOR'S TOP PICK
9.2
Xero is a collaborative cloud platform designed for growing Australian small businesses looking to scale. It streamlines daily bookkeeping with automated bank feeds and smart invoice tracking while allowing seamless, real-time collaboration with your accountant or team.
9.1
Sage is a high-performance, cloud-native platform engineered for mid-sized Australian enterprises with complex, multi-entity needs. It replaces traditional charts of accounts with deep dimensional analytics while using predictive AI to slash manual processing by up to 90%.

Who we are

Tech.co is a leading business technology authority, here to help you know more about tech and find the best solutions to work smarter and grow securely. We assist over half a million customers each month in making the right choices for their needs, with our comparison charts, guides, and reviews.

The right tech can help you find new and more efficient ways of running your operation, retain and attract loyal customers, protect your assets from security risks, or even add entirely new revenue streams. We should know, because we’ve been there; Tech.co started out as a simple community-building Tech Cocktail event, back in 2006, and has transformed into a fully-fledged media company.

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