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Top Rated General Ledger Software with Financial Reporting in 2026

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Verified reviewer profile picture

All user reviews are verified by in-house moderators and provider data by our software research team.  Learn more

Last updated: February 2026

Financial reporting enables tracking financial performance, generating various customizable reports, and providing insights into revenue, expenses, and profitability. This aids decision-making, forecasting, and compliance, ensuring accurate and timely financial information. Our reviewers in general ledger software rated this feature as highly important.

8 Best General Ledger Software with Financial Reporting

Product
User rating
Starting price
NetSuite logo
4.2
(1.7K)
Empty state illustration for "No pricing info"

No pricing info

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Sage Intacct logo
4.3
(591)
Empty state illustration for "No pricing info"

No pricing info

visit website
QuickBooks Enterprise logo
4.5
(20.5K)
2210
flat rate/per year
visit website
Xero logo
4.4
(3.2K)
25
flat rate/per month
visit website
Sage 50cloud Accounting logo
3.9
(414)
124.42
flat rate/per month
QuickBooks Online Advanced logo
4.4
(1K)
235
flat rate/per month
Wave logo
4.4
(1.7K)
19
flat rate/per month
QuickBooks Desktop logo
4.4
(2.5K)
1922
flat rate/per year

See other top General Ledger products with financial reporting

How we picked the 8 top rated products

We chose the high-performing solutions on this list based on verified user ratings on our site. Depending on available data, qualifying products either had to be among the most user-reviewed or the most searched-for products in the General Ledger software category. They also needed to have sufficient reviews about financial reporting, have a minimum user rating of 3 out of 5 for that feature, and show evidence of U.S. market presence. We then added a distinction for up to three products based on our proprietary ratings and reviews: Highest rated, Highly rated for financial reporting, and Highly rated for free version. Sponsorship or client status has no influence on the selection of these products, but it may impact the order in which products appear.

Details for the 8 best products

NetSuite logo

NetSuite

Reviews Sentiment
 
 
 
1-2(92)
3-4(901)
5(775)
Key Features
Accounts Payable4.5
Bank Reconciliation4.1

User insights about the financial reporting feature

Reviewers indicate that NetSuite's financial reporting feature provides comprehensive, real-time insights into business performance. They appreciate the ability to create and customize a wide range of reports, including multi-entity and multi-currency scenarios. Users find the integration with other modules and the real-time data valuable for decision-making. Some note that while the reporting capabilities are robust, the user interface can be challenging to navigate.
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“Netsuite is a great reporting tool for financial reporting, for standard reports and ad hoc. There ar ea lot of options for setting up and visualizing the data - whether working in excel and distributing a file, or a static web report.”
MA

Michael A.

Senior Consultant

“I like that NetSuite's Financial Reporting feature provides comprehensive, real-time insights into the financial health of a business. The customizable reports offer a range of options, allowing users to create reports that are tailored to their specific needs. Additionally, the reports are easy to understand, providing intuitive visuals that are useful for both finance and non-finance professionals. Finally, the Financial Reporting feature is integrated with other NetSuite modules, allowing users to quickly analyze data from other areas of the business.”
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Devendra K.

Manager

Starting price
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No pricing info

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Pros and Cons based on 1,768 verified reviews
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Cloud-based accessibility

Efficient inventory management

Flexible customization options

Customizable and informative dashboards

Convenient web access

Slow performance speed

Prohibitive pricing for small businesses

Challenging implementation process

Inadequate customer support

Inefficient sales management

See pros and cons details
Sage Intacct logo

Sage Intacct

Reviews Sentiment
 
 
 
1-2(22)
3-4(299)
5(270)
Key Features
Accounts Payable4.2
Bank Reconciliation4.4

User insights about the financial reporting feature

Reviewers highlight Sage Intacct's financial reporting capabilities, noting the ease of creating and customizing detailed reports. They appreciate the ability to filter and analyze data, as well as the real-time updates. Users find the software valuable for managing financial data and generating reports for internal and external stakeholders. Some mention that while the reporting tools are powerful, they can be cumbersome to learn and use effectively.
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“Ability to create and manipulate financial reports with ease. Able to grasp the tools to create new reports relatively quickly. Report building is flexible allows us to carefully tweak reports for our internal and external needs”
em

edward m.

Controller

“It comes with financial reports strait "out of the box" - premade financial reports with several filter options so you can tailor them to your organization's needs. There is also an interactive/automate report builder for ad-hoc report creation. ”
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Michael H.

Senior Consultant

Starting price
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No pricing info

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Pros and Cons based on 591 verified reviews
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Cloud-based flexibility

Comprehensive dashboard features

Scalable for business growth

Challenges in issue resolution

High costs and complex pricing

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QuickBooks Enterprise logo

QuickBooks Enterprise

Reviews Sentiment
 
 
 
1-2(352)
3-4(7,706)
5(12,534)
Key Features
Accounts Payable4.6
Bank Reconciliation4.5

User insights about the financial reporting feature

Users report that QuickBooks Enterprise offers robust and customizable financial reporting capabilities. They find it easy to generate and customize reports for various business needs, including tax preparation and management analysis. Reviewers appreciate the real-time data, the ability to create detailed and summary reports, and the software's integration with other tools. Some users note that while the standard reports are excellent, advanced customization can be challenging.

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“You are able to easily create reports in Quickbooks on just about anything in the system. It is like a database with easy reporting access. Then you name the report and save it to memorized reports for later re-use.”
TH

Tracy H.

Operations Manager

“What I like are it's financial reporting features which are highly valuable because they provide businesses with comprehensive, accurate, and actionable financial insights, enabling more informed and effective decision making.”
LS

Louisa S.

Manager

Starting price
2210flat rate /
per year
visit website
Pros and Cons based on 20,592 verified reviews

Comprehensive expense tracking

Ideal for small businesses

Effective financial management

Streamlined bookkeeping

Efficient tax management

Frequent issue resolution challenges

Slow performance speed

Disruptive software updates

High cost concerns

Unreliable customer service

See pros and cons details
Xero logo

Xero

Reviews Sentiment
 
 
 
1-2(157)
3-4(1,150)
5(1,943)
Key Features
Accounts Payable4.4
Bank Reconciliation4.5

User insights about the financial reporting feature

Reviewers appreciate Xero's financial reporting capabilities, noting the availability of customizable and detailed reports. They find the software easy to use for generating standard financial statements and tracking business performance. Users value the customizable dashboard and the ability to export reports to Excel or PDF. However, some mention limitations in reporting flexibility and the need for more intuitive customization options.

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“Zero offers ample accounting reports and they are 55 in total which includes profit and loss, sales, budgeting and more. These reports can be customized as needed and you can save your favorite reports for quick access. ”
JJ

Juliet J.

Blogger

“Xero has standard and customized reports. Their standard reports allows you to create financial reports quickly and they look very professional (2x better than Quickbooks). Their customized reports all you to create and group accounts for exactly what you need. I am yet to create a custom report for a client that cannot be done in Xero. Again, Xero's reporting is 2x better than Quickbooks, as Quickbooks has very limited custom reports.”
MB

Mitchell B.

Accounting Manager

Starting price
25flat rate /
per month
visit website
Pros and Cons based on 3,250 verified reviews

Cloud accounting accessibility

Customizable dashboard

Effective bookkeeping tools

Accessible learning resources

User-friendly interface

Slow issue resolution

Poor customer support

Limited inventory management

Lack of live support

Underdeveloped mobile access

See pros and cons details
Sage 50cloud Accounting logo
Reviews Sentiment
 
 
 
1-2(53)
3-4(209)
5(152)
Key Features
Accounts Payable3.9
Bank Reconciliation4.1

User insights about the financial reporting feature

Reviewers highlight that Sage 50cloud Accounting provides valuable financial insights through its customizable and detailed reports. They appreciate the ease of generating various reports, including P&L and balance sheets, and the ability to export data to Excel. Users find the software helpful for financial planning, budgeting, and decision-making, although some mention that customizing reports can be difficult without specific training.

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“The fact that there are many variations to the reports you can run to suit your business is a great tool Sage have created. Apart from the standard reports it is great to have department and project reporting which can be tailored to your needs. I find creating the reports and exporting to excel is a time saver. The reporting helps with month and year end reporting, VAT reporting, cashflow etc.”
IM

Ishrat M.

Accountant

“Financial reporting is a critical component of Sage 50cloud Accounting, as it provides users with valuable insights into their business's financial performance. Here are some ways that financial reporting can impact Sage 50cloud Accounting:Improved decision-making: Financial reports in Sage 50cloud Accounting can provide you with accurate and up-to-date information on your business's financial performance. This can help you make more informed decisions about your business, such as whether to invest in new equipment or hire additional staff.Enhanced financial planning: Financial reports can help you plan and budget for the future by providing insights into your revenue, expenses, and cash flow. This can help you identify areas where you can cut costs or invest in new opportunities.”
WK

Wilson K.

Electrical engineer

Starting price
124.42flat rate /
per month
Pros and Cons based on 414 verified reviews

Easy to learn and use

Comprehensive accounting functionality

Ideal for small businesses

Inefficient call support

High costs and frequent increases

Poor customer service

Limited reporting capabilities

See pros and cons details
QuickBooks Online Advanced logo
Reviews Sentiment
 
 
 
1-2(40)
3-4(369)
5(626)
Key Features
Accounts Payable4.3
Bank Reconciliation4.5

User insights about the financial reporting feature

Users report that QuickBooks Online Advanced offers versatile and easy-to-use financial reporting tools. They appreciate the ability to customize reports, generate various financial statements, and share them with stakeholders. Reviewers find the software helpful for tax preparation and management analysis, although some mention limitations in customization and the need to use Excel for more detailed analysis.
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“Versatile reporting in Quickbooks Online Advanced allows the company to dynamically adjust financial reporting to suit the current needs of management.”
JB

Janice B.

CPA/Consultant

“Has a lot of reports but not all the info or customisation required so use Excel to analyse data at times”
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Rexie M.

Director

Starting price
235flat rate /
per month
Pros and Cons based on 1,035 verified reviews
Verified reviewer profile picture

Convenient remote access

Efficient bookkeeping

Comprehensive tracking features

Robust financial management

Organized multi-entity management

Challenging issue resolution

Limited desktop version compatibility

High costs and confusing pricing

Inconsistent customer service

Subpar mobile accessibility

See pros and cons details
Wave logo
Reviews Sentiment
 
 
 
1-2(107)
3-4(553)
5(1,049)
Key Features
Accounts Payable4.3
Bank Reconciliation4.3

User insights about the financial reporting feature

Users find Wave's financial reporting tools easy to use and sufficient for small business needs. They appreciate the ability to generate essential reports like P&L and balance sheets, and the ease of exporting data. Reviewers value the software's simplicity and accuracy, although some mention limitations in customization and the need for more advanced reporting features.
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“I didn't really want reporting features when I signed up for Wave, just invoicing and processing payments. But the Reporting side has come in SUPER handy every tax season. I would've been happy with just invoice processing, their user-friendly reporting is a pretty big bonus.”
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Henry C.

Freelance Digital Marketer

“All the essential reports are there, and they are very easy to generate. What they have is definitely enough to understand how your business is running, and file taxes etc. I whish they had some kind of report builder or the ability to customize reports. ”
RM

Rowan M.

Owner

Starting price
19flat rate /
per month
Pros and Cons based on 1,709 verified reviews
Verified reviewer profile picture

Affordable for small businesses

Intuitive and modern interface

Excellent value for small businesses

Comprehensive invoicing features

Effective bookkeeping solution

Slow performance and load times

Ineffective email communication

Limited customer support options

Unresolved software issues

Challenging bank reconciliation

See pros and cons details
QuickBooks Desktop logo
Reviews Sentiment
 
 
 
1-2(86)
3-4(1,034)
5(1,414)
Key Features
Accounts Payable4.6
Bank Reconciliation4.6

User insights about the financial reporting feature

Reviewers indicate that QuickBooks Desktop's financial reporting capabilities are comprehensive and customizable, providing a wide range of detailed reports. They appreciate the ease of generating and exporting reports to PDF or Excel, and the ability to filter by various time frames. Users also value the software's ability to compare financial data across different periods and its usefulness for tax preparation and forecasting.
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“As an IT company, QuickBooks Desktop Pro's financial reporting feature has been invaluable in managing our company's finances. QuickBooks Desktop Pro provides us with a wide range of financial reports that offer detailed insights into our company's financial performance”
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Dawit L.

Systems Administrator/Web Developer

“I like the flexibility and depth of financial reporting. This allows me to generate customized and detailed reports that provide valuable business insights.”
SM

Shelmith M.

Admin Virtual Assistant

Starting price
1922flat rate /
per year
Pros and Cons based on 2,534 verified reviews
Verified reviewer profile picture

Comprehensive expense tracking

Ideal for small businesses

Efficient bookkeeping

Accessible learning resources

Robust accounting software

Frequent and costly upgrades

Inefficient phone support

Challenging file management

Inadequate support

High costs and fees

See pros and cons details

Other Top Rated General Ledger Software with Financial Reporting in 2026

MIP Accounting logo

MIP Accounting

Fund accounting for government organizations and nonprofits

visit website
MIP Fund Accounting is a comprehensive, configurable fund accounting solution. With its end-to-end suite of functionality and multi-segmented chart of accounts MIP is designed to meet and handle the complex financial management and fund accounting needs of nonprofit and government organizations.

Read more about MIP Accounting

Users also considered
Actionstep Legal Accounting logo

Actionstep Legal Accounting

Cloud-based accounting and billing for law firms

visit website
Soluno is a cloud-based accounting and billing software designed to accelerate law firms. With a full, easy-to-use suite of time/expense entry, billing, accounting, trust, and reporting features, law firms get everything they need to master their business.

Read more about Actionstep Legal Accounting

Users also considered
Eleven logo

Eleven

Cloud accounting software tailored for accounting firms

visit website
Eleven is a cloud accounting app that helps small and medium-sized accounting firms to streamline and scale their practice. You can automate bookkeeping for every client without falling back on Excel.

Read more about Eleven

Users also considered
Accounting Seed logo

Accounting Seed

Category Leaders

Accounting and analytics software built on Salesforce

visit website
Accounting Seed is an accounting application built natively on Salesforce. Its customizable, enabling users to manage their accounting their way. As a full accounting solution, Accounting Seed tracks financial data through the entire business lifecycle.

Read more about Accounting Seed

Users also considered
QuickBooks Enterprise logo
Category Leaders

Enterprise accounting, FSM and inventory management solution

QuickBooks Desktop Enterprise is an accounting software for small businesses which provides users with real-time access to customer, employee, and vendor information. The software includes tools for managing inventory, shipping, sales orders, pricing, tasks, invoicing, reporting, and more.

Read more about QuickBooks Enterprise

Users also considered
Dynamics 365 logo
Category Leaders

ERP and CRM applications from Microsoft

Microsoft Dynamics 365 is a multi-language, multi-currency enterprise resource planning (ERP) software. The solution is designed for midsize and larger companies, and is fully customizable and extensible through its rich development platform and tools.

Read more about Dynamics 365

Users also considered
Xero logo
Category Leaders

Cloud-based accounting software for small businesses

Xero is an award-winning online accounting software designed for small business owners and accountants, available on any computer or mobile device with an internet connection. Simplify business admin and get a range of financial insights to help you make better decisions for your business.

Read more about Xero

Users also considered
QuickBooks Desktop logo
Category Leaders

Comprehensive business management solution

QuickBooks Desktop provides a comprehensive business management solution that integrates accounting, payroll, inventory, and multiple company management functionalities. The software offers industry-specific editions tailored for manufacturing, wholesale, contractors, and accountants, with features like advanced reporting, job costing, and automated pricing rules. Users can enhance their experience with cloud hosting capabilities that enable remote access and team collaboration.

Read more about QuickBooks Desktop

Users also considered
Wave logo
Category Leaders

Accounting, invoicing, and payroll management platform

Wave is an integrated solution designed for small businesses. With our automatic bank connections, information flows into Wave, without manual entry. Users can collaborate with accountants or bookkeepers in real-time.

Read more about Wave

Users also considered
Zoho Invoice logo

Online invoicing tool for freelancers and SMBs.

Zoho Invoice is an online invoicing software for freelancers and small to medium enterprises (SMEs). It helps you craft professional invoices, send payment reminders, and get paid faster online.

Read more about Zoho Invoice

Users also considered
TimeSolv Legal Billing logo

Time, expense & billing management software for legal firms

TimeSolv Legal Billing helps legal firms manage payments, invoices, budgets, tasks, and more. The built-in trust accounting functionality lets users create trust accounts to automatically process payments, update replenishment amount in invoices, and transfer funds between different trust accounts.

Read more about TimeSolv Legal Billing

Users also considered
QuickBooks Online Advanced logo
Category Leaders

Accounting & business management for small businesses

QuickBooks Online Advanced is a web-based accounting & business management solution which enables small businesses to track sales, inventory, financial accounts & payroll from a single dashboard

Read more about QuickBooks Online Advanced

Users also considered
NetSuite logo

AI-powered cloud-based business management suite

NetSuite is an AI-powered cloud-based business management suite. It helps organizations streamline their operations and gain real-time insights into their performance. The suite caters to a range of industries such as manufacturing, retail, and professional services.

Read more about NetSuite

Users also considered
BoldTrail Back Office logo

Real Estate back office consolidation and automation.

Real Estate brokerages need efficient back office operations to thrive. BackOffice delivers a complete, easy-to-use cloud-based solution designed specifically for residential real estate management.

Read more about BoldTrail Back Office

Users also considered
BQE CORE Suite logo
Category Leaders

Cloud-based firm management tool for A&E firms.

BQE CORE is a cloud-based software designed specifically for architecture and engineering firms. The platform integrates accounting, invoicing, project management, and resource planning features that streamline operations across entire organizations. BQE CORE enables firms to track time and expenses, manage projects profitably, and access real-time financial data through a centralized system that eliminates the need for multiple software solutions.

Read more about BQE CORE Suite

Users also considered
Odoo logo

All-in-one open-source business software

Odoo is an all-in-one, open-source business platform covering CRM, Sales, Accounting, Inventory, Manufacturing, and Projects. It’s fully integrated, customizable, and scalable for companies of any size or budget.

Read more about Odoo

Users also considered
Patriot Accounting logo
Category Leaders

Cloud-based accounting and payroll software

Patriot Accounting is an online accounting solution that allows businesses to track and manage transactions, import bank transactions, reconcile accounts, send estimates & invoices & more.

Read more about Patriot Accounting

Users also considered
Zoho Books logo
Category Leaders

Online accounting software for businesses of all sizes

Zoho Books is an online accounting software designed to streamline back office operations, automate workflows, and allow secure collaboration with accountants

Read more about Zoho Books

Users also considered
Agiled logo

Software for managing business operations

Agiled is a cloud-based business management software designed to help businesses of all sizes manage invoicing, contracts, employees, finances, and other operations on a unified portal. Its project management capabilities allow organizations to handle tasks, project details, and team members using customizable templates, view, edit and share schedules with clients using Gantt Charts and create and assign tasks to teams.

Read more about Agiled

Users also considered
Cin7 Core logo

Inventory management software for SMBs

Cin7 Core is a cloud-based, inventory and order management application for SMBs which offers a complete back end management solution with purchasing, sales, warehouse management, and light manufacturing features as well as shipping, eCommerce and payment gateway integrations

Read more about Cin7 Core

Users also considered
CosmoLex logo

Web-based legal practice management & accounting software

CosmoLex is a comprehensive legal practice management solution that assists with master case management, billing, accounting, and more. Its trust accounting and compliance management tools ensure firms stay compliant. Automated workflows, matter templates, secure document management, customizable scheduling tools, and comprehensive reporting capabilities provide law firms with a centralized hub to manage their practice.

Read more about CosmoLex

Users also considered
Holded logo

ERP, Accounting, Invoicing & more for freelancers and SMBs.

It's a cloud-based invoicing software for freelancers, SMBs and accountant offices to control all aspects of their business and optimise their management.

Read more about Holded

Users also considered
Sage Intacct logo

Best-in-class Cloud ERP for Finance

Sage Intacct is a leading provider of best-in-class cloud ERP software, and is the preferred cloud financial management applications for the AICPA.

Read more about Sage Intacct

Users also considered
Bench logo

You run your business. We’ll do your bookkeeping.

Let Bench take bookkeeping off your hands—so you can focus on what matters most. Each month Bench gives you a clear, accurate financials. You can monitor your business's financial health, download your financial statements, and chat with your bookkeeping team any time.

Read more about Bench

Users also considered
SAP S/4HANA Cloud logo

A complete, intelligent ERP system for enterprises.

SAP S/4HANA Cloud is a cloud-based intelligent ERP system specifically developed for companies in all industries offering them a broad and flexible functionality.

Read more about SAP S/4HANA Cloud

Users also considered

Key features for General Ledger software

Based on GetApp's analysis of verified user reviews collected between July 2021 and August 2024.

  • Accounts Payable: Users find the feature helpful for tracking vendor payments, managing due bills, and ensuring timely payments, enhancing overall financial management. 96% of reviewers rated this feature as important or highly important.
  • Bank Reconciliation: Reviewers highlight the ease of reconciling bank statements, identifying discrepancies, and maintaining accurate financial records with automated syncing. 95% of reviewers rated this feature as important or highly important.
  • Data Import/Export: Users value the ease of importing and exporting data to and from various formats, simplifying data management and integration with other systems. 94% of reviewers rated this feature as important or highly important.
  • Expense Tracking: Reviewers emphasize the ability to categorize, track, and report expenses accurately, aiding in budget management and financial analysis. 93% of reviewers rated this feature as important or highly important.