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Accounting Software with Income & Balance Sheet (2025)

Last updated: March 2025

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Why is income & balance sheet important for accounting software users?

Based on GetApp's analysis of 1395 verified reviews collected between July, 2021 and August, 2024

Income and balance sheet capabilities provide a comprehensive view of a business's financial health. They enable accurate tracking of assets, liabilities, and equity, support informed decision-making, and facilitate customized financial reporting. Of the 1395 reviewers who rated income & balance sheet, 96% rated this feature as important or highly important.

Key features of accounting software based on insights from 7363 verified reviews

  • Financial Reporting: Users highlight customizable, real-time reports that provide detailed financial insights, helping in decision-making and performance evaluation. 94% of reviewers rated this feature as important or highly important.
  • General Ledger: Reviewers value the detailed tracking of financial transactions, customizable account settings, and integration with other modules for comprehensive financial management. 91% of reviewers rated this feature as important or highly important.
  • Billing & Invoicing: Users highlight the ease of creating, customizing, and automating invoices, improving cash flow and client payment tracking. 90% of reviewers rated this feature as important or highly important.
  • Bank Reconciliation: Reviewers appreciate the automation, accuracy, and ease of reconciling bank transactions, helping maintain accurate financial records. 89% of reviewers rated this feature as important or highly important.
  • Expense Tracking: Users value the detailed categorization, real-time tracking, and reporting of expenses, aiding in budget management and financial planning. 88% of reviewers rated this feature as important or highly important.
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256 software options

Accounting Seed logo
Category Leaders

Accounting and analytics software built on Salesforce

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Accounting Seed is cloud-based software built in Salesforce that gives you all the tools you need to seamlessly connect financial data company-wide. Learn more about our product at: https://www.accountingseed.com/product/.

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Sage Intacct logo
Category Leaders

Best-in-class Cloud ERP for Finance

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Sage Intacct’s core financials automate your most important processes, reduce your reliance on spreadsheets, and give you greater visibility into your business

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Xero logo
Category Leaders

Cloud-based accounting software for small businesses

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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. Automate your invoicing and reporting, get a full picture of your business with up-to-date financial data, and much more.

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Acumatica Cloud ERP logo

ERP, business management, accounting and CRM solution

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Acumatica Cloud ERP provides best-in-class integrated financial and business management, with full back-office functionality, designed to help you run your business more effectively. Acumatica is one system that integrates your company’s financial management, operations, CRM, and more.

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NetSuite logo

Cloud-based business management suite

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NetSuite accounting simplifies the process of recording transactions, managing AP and AR, and closing the books. NetSuite supports multiple currencies, languages, and compliance standards and ensures data is accessible securely worldwide.

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Zoho Books logo
Category Leaders

Online accounting software for businesses of all sizes

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Zoho Books helps small businesses to manage all financial activity, from invoices and expenses, to sales and purchase orders, to taxes, reports, and bank feeds.

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Striven logo
Category Leaders

Collaborative ERP for business process management

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Simplify your billing, purchasing, and collections while you run better, faster reports and get complete visibility into your financial operations.

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Xledger logo

Empower ambition with Xledger.

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Xledger is a true-cloud financial software that serves over 18,000 customers worldwide. For over 20 years, Xledger has been a leader in automated accounting software and has been empowering ambitious companies around the globe.

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QuickBooks Enterprise logo
Category Leaders

Enterprise accounting, FSM and inventory management solution

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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.

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SurePoint logo

Modern legal management system for mid-sized law firms

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SurePoint® empowers law firms to maximize financial performance and profitability with streamlined workflows and market-leading accounting capabilities.

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ZarMoney logo
Category Leaders

Cloud-based accounting solution for businesses of all sizes

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ZarMoney is a cloud-based accounting solution designed to assist businesses of all sizes with the management of inventory and finances. Key features include team collaboration, quote generation, invoicing, transaction tracking, remote access, and approval workflows.

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Soluno logo

Cloud-based accounting and billing for law firms

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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.

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Odoo  logo
Category Leaders

Open-source suite of business applications

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Odoo Accounting helps you to manage your daily accounting easily and have a global view of the state of your business. Features include: bank synchronization, automatic invoices, recurring billing management, reconciliations, and more.

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Planful logo

The FP&A Platform for Continuous Planning

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Cloud-based Financial Planning and Analysis (FP&A) software providing numerous tools to help with financial planning, modeling, and reporting.

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Eleven logo

Cloud accounting software tailored for accounting firms

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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.

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DataSnipper logo

Improve the speed and quality of your audit.

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DataSnipper is an Intelligent Automation Platform created for Audit and Finance teams.

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Plus & Minus logo

Accounting and ERP accounting in real-time

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Real-time accounting and ERP accounting software in the cloud or on-premises offering automated processes and transaction recording, reporting, and analysis

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QuickBooks Online logo

Accounting and business management software

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QuickBooks Online offers accounting with financial dashboards, invoice creation, online payment acceptance, expenses tracking, payroll & more.

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FreshBooks logo
Category Leaders

Invoice and accounting software tailored to small businesses

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FreshBooks automates daily accounting activities namely invoice creation, payment acceptance, expenses tracking, billable time tracking and financial reporting.

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QuickBooks Desktop logo

Billing, Invoicing, and Work Order Management

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QuickBooks Desktop Pro automates billing and invoicing in addition to work orders. Users can link bank accounts, define workflows, and make automated payments.

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Wave logo
Category Leaders

Accounting, invoicing, and payroll management platform

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Why is Wave the world's fastest-growing accounting software for small businesses? It's easy, fast, 100% free, and made for owner-operated businesses.

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QuickBooks Online Advanced logo

Accounting & business management for small businesses

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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

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BQE CORE Suite logo
Category Leaders

Time & Billing | Project Management | Accounting

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Accounting Software for Professional Services Firms. BQE Core allows you to watch the books and run your business with ease.

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Patriot Accounting logo
Category Leaders

Save your time & money with affordable, easy-to-use software

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Accounting Basic $20/month - flat rate, unlimited use
Accounting Premium $30/month - flat rate, unlimited use
Accounting Software for businesses in the United States. Keep track of all of your money easily with our patent pending cash to accrual toggle & so much more.

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A2X logo

Accurate ecommerce accounting, without the fuss.

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A2X automates ecommerce accounting for Shopify, Amazon, Etsy, eBay & Walmart sellers. Trusted by ecommerce accountants worldwide.

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