The Best Accounting Software UK

Keeping track of your finances and managing your books doesn’t have to be a headache. Compare our top picks for the best accounting software and find the one that’s right for you.

Editor's Choice
9

Free yourself from endless admin with Sage Accounting.

Experience the HMRC recognised, cloud accounting solution with AI-powered automation. Perfect for small businesses looking to save time and manage finances from anywhere. Get 3 months free, then starting at £15 per month (excluding VAT).

What to Consider

When researching accounting software, most business owners naturally think of QuickBooks first—it’s the market standard that other platforms measure themselves against.

However, today’s specialized alternatives take targeted approaches with unlimited user access (vs. QuickBooks’ per-user fees), advanced automation that eliminates manual tasks, modern interfaces built for today’s workflows, and more transparent pricing structures.

These focused platforms are designed to address the limitations that many businesses discover with traditional accounting software.

8.5

Xero’s accounting software is born in the cloud, with easy-to-use features that can help you to run your business. With Xero, you can access flexible reporting, create customizable invoices, and you can get paid faster.

Unlike other options, Xero provides over 1,000 app integrations, allows you to invite unlimited users to your Xero account, and reconcile your bank transactions any time.

7.4
  • Smart, secure accounting straight from your Tide Account
  • Take the hassle out of bookkeeping, invoicing and tax returns
  • Get paid faster
  • Trusted by over 500,000 UK businesses

Tide are an industry leading accounting software provider that makes accounting simple, taking the stress out of your day to day with easy to learn and use software. Tide makes it easy to track performance with brilliant bookkeeping and managing your bills and cash flow has never been easier.

You can also create, send and track unlimited personalised invoices to customers from the Tide app, including a payment link so your customers can pay you on the spot.

Tide also make it easy to prepare and submit VAT returns with their HMRC-recognised software, and with automations you can get real-time estimates if how much VAT you’ll need to pay. Tide’s strong bevvy of features makes gives your more time to focus on the things that matter.

8.5
  • Comprehensive range of accounting and financial management features
  • Highly customizable
  • Real-time insights into key financial metrics

QuickBooks’ invoicing software is an essential tool for businesses of all sizes, from small businesses to enterprises. The software offers a user-friendly interface that simplifies the invoicing process, enabling businesses to create and send professional invoices quickly and easily.

One of the key strengths of QuickBooks’ invoicing software is its flexibility, which allows businesses to customize their invoicing workflows to suit their specific needs.

The software is also designed to cater to businesses of all sizes, from small businesses to enterprises, making it an ideal solution for businesses looking to scale their invoicing processes.

What exactly is an Accounting Software?

Accounting software is a tool that helps businesses manage and automate their financial processes. It can perform a range of functions, including:

  • Creating and customizing invoices and bills
  • Tracking the status of transactions, including payments and expenses
  • Generating financial reports, including balance sheets and profit and loss statements
  • Automating the process of bank reconciliations
  • Integrating with other business processes, such as inventory management and payroll
  • Providing real-time visibility into financial metrics, allowing businesses to make informed decisions
  • Ensuring compliance with tax and regulatory requirements

Accounting software is particularly useful for businesses of all sizes, from small startups to large enterprises, that need to manage their finances efficiently. By automating many of the manual tasks involved in financial management, businesses can save time and reduce errors, ultimately improving their financial performance.

Frequently Asked Questions

What features should I prioritize when comparing accounting software?

Focus on these essential capabilities:
  1. Bank reconciliation
  2. Automated invoicing
  3. Expense tracking
  4. Financial reporting
  5. Tax preparation
  6. Multi-user access
  7. Mobile access
  8. Third-party integrations

Will accounting software actually save my business money?

Expect significant cost savings through reduced manual work and fewer errors. Most businesses see immediate returns from automated bank reconciliation, faster invoicing processes, and elimination of spreadsheet mistakes that cost time to fix. The software typically pays for itself within the first few months through improved efficiency alone.

How do I choose software with appropriate complexity for my current needs?

Start with core features like invoicing, expense tracking, and financial reporting, then expand functionality as your business grows. Avoid paying for unused advanced features while ensuring the platform can scale up without requiring a complete system change as your needs become more sophisticated.

Will accounting software help me prepare for tax season?

Tax preparation becomes significantly easier with organized financial records throughout the year rather than scrambling to compile documentation at year-end. Automated expense categorization, receipt storage, and real-time profit/loss statements provide everything your accountant needs in one place. Most software generates tax-ready reports and tracks deductible expenses automatically, potentially saving thousands in missed deductions while reducing accountant fees by 30-50% through better-organized records.

Our Favorites

EDITOR'S TOP PICK
Free yourself from endless admin with Sage Accounting. Experience the HMRC recognised, cloud accounting solution with AI-powered automation. Perfect for small businesses looking to save time and manage finances from anywhere. Get 3 months free, then starting at £15 per month (excluding VAT).
Xero is a cloud-based accounting software known for real-time updates, user-friendly interface, and automation, facilitating multi-user collaboration, integration with third-party apps and more!
Discover stress-free accounting with our easy-to-use software. Take the hassle out of bookkeeping, invoicing and tax returns - and get more time to do what you love. Try for free until 31 October, then only £9.99 + VAT per month.

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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.

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