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Top Rated Accounts Receivable Software with Income & Balance Sheet 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

Income and balance sheet tools provide clear financial insights, enable accurate tracking of assets and liabilities, and facilitate efficient reporting. They support informed decision-making and ensure transparency for business performance and financial health. Our reviewers in accounts receivable software rated this feature as highly important.

7 Best Accounts Receivable Software with Income & Balance Sheet

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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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
FreshBooks logo
4.5
(4.5K)
21
flat rate/per month
visit website
Wave logo
4.4
(1.7K)
19
flat rate/per month
QuickBooks Desktop logo
4.4
(2.5K)
1922
flat rate/per year
QuickBooks Online logo
4.3
(8.3K)
38
flat rate/per month

See other top Accounts Receivable products with income & balance sheet

How we picked the 7 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 Accounts Receivable software category. They also needed to have sufficient reviews about income & balance sheet, 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 income & balance sheet, 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 7 best products

NetSuite logo

NetSuite

Reviews Sentiment
 
 
 
1-2(92)
3-4(906)
5(793)
Key Features
Accounting4.4
General Ledger4.5

User insights about the income & balance sheet feature

Users report that NetSuite's income and balance sheet capabilities are comprehensive and easy to use. They appreciate the detailed insights, real-time data access, and the ability to customize reports. Reviewers find the financial reporting tools powerful and helpful for audits and financial decision-making. Some mention issues with report headers and the need for better customization options.
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“The income and balance sheet are easy to access without having to request a report. They can be update with a simple push of the Refresh button. The ability to see previous fiscal periods without having to do anything special has allowed the company to stay abreast of the health of the company. ”
CS

Cheryl S.

IT/AR

“Income and Balance sheets are captured accurately as long as the right account has been selected through the transactions. NetSuite reduces avenues for these sorts of mistakes.”
Verified reviewer profile picture

Akaninyene E.

Oracle Netsuite ERP System Administrator

Starting price
Empty state illustration for "No pricing info"

No pricing info

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Pros and Cons based on 1,791 verified reviews
Verified reviewer profile picture

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
QuickBooks Enterprise logo

QuickBooks Enterprise

Reviews Sentiment
 
 
 
1-2(352)
3-4(7,707)
5(12,534)
Key Features
Accounting4.6
General Ledger4.5

User insights about the income & balance sheet feature

Reviewers indicate that QuickBooks Enterprise's income and balance sheet capabilities are user-friendly and customizable. They find it helpful for tracking financial health, generating detailed reports, and making informed business decisions. Users appreciate the integration with other platforms and the ability to generate reports quickly. Some note the need for additional basic reports and better export options.
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“The revenue and balance sheet functionality in QuickBooks Desktop Enterprise can help businesses accurately track revenue, assess profitability, understand their overall financial position and make informed budgeting and investment decisions.”
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Joseph C.

ceo

“It provide crucial financial data for businesses. QuickBooks Desktop Enterprise uses this data to generate comprehensive income statements and balance sheets, which are essential for monitoring the financial health of the organization.”
MA

Moses A.

Accounts Assistant

Starting price
2210flat rate /
per year
visit website
Pros and Cons based on 20,593 verified reviews
Verified reviewer profile picture

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
Accounting4.6
General Ledger4.4

User insights about the income & balance sheet feature

Reviewers highlight Xero's income and balance sheet capabilities for their clarity and ease of use. They appreciate the detailed financial snapshots, customizable reports, and the ability to drill down into transactions. Users find the reports helpful for tracking cash flow and making informed business decisions. Some mention the need for better integration with other tools and more intuitive filters.
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“Accurate and up to date income and balance sheet data in "Xero" is crucial for both data input and report sources, poviding valuable financial insights and support effective business management. ”
Verified reviewer profile picture

Anna F.

Administrator

“Xero provides easy generation of key financial statements like profit and loss/income statement and balance sheet. Users can produce these standard reports with just a few clicks.Key features related to income statement and balance sheet reporting:Automatically pull data from transactions, accounts, sales, bills etc.Flexible configuration of income and expense accounts.Comparative reporting for multiple periods.Drill down into line items for details.Attach notes and supporting documents.Export reports as PDFs or Excel files.Set up scheduled report generation.Adjust reporting by cash or accrual basis.Add custom reporting lines if required.Overall, Xero reduces the complexity of generating critical financial statements. The dynamic reporting gives business owners real-time visibility into financial performance from any device. Key metrics are readily available to aid data-driven decision making.”
RN

Ra N.

programmer

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

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
FreshBooks logo

FreshBooks

Reviews Sentiment
 
 
 
1-2(82)
3-4(1,765)
5(2,655)
Key Features
Accounting4.5
General Ledger4.5

User insights about the income & balance sheet feature

Users appreciate FreshBooks' income and balance sheet capabilities for their ease of use and quick generation of financial statements. They find the reports customizable and helpful for understanding business profitability and financial health. Reviewers highlight the user-friendly interface and the ability to collaborate with accountants. Some mention the need for more detailed financial analysis tools.

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“I like Income and balance sheets in FreshBooks because it offers a clear view of my business finances, helping me track earnings, expenses, assets, and liabilities easily.”
CV

Charles V.

Designer

“When selecting an accounting software for financial management, income and balance sheets are among the most crucial factors to consider. FreshBooks provides a user-friendly interface that allows you to easily input your data and generate a balance sheet. Additionally, you have the option to select a template for your balance sheet, providing further customization and convenience.”
SS

Swati S.

Freelancer

Starting price
21flat rate /
per month
visit website
Pros and Cons based on 4,502 verified reviews

Cloud accounting accessibility

Efficient invoicing capabilities

Tailored for small businesses

Minimal learning curve

Effective freelancer tools

Reliance on internet connection

Limited bank integration

High costs for larger teams

Frequent technical issues

See pros and cons details
Wave logo
Reviews Sentiment
 
 
 
1-2(108)
3-4(553)
5(1,049)
Key Features
Accounting4.5
General Ledger4.2

User insights about the income & balance sheet feature

Reviewers appreciate Wave's income and balance sheet capabilities for their simplicity and ease of use. They find the reports clear, accurate, and helpful for tracking cash flow, business health, and tax preparation. Users report that the financial summaries are easy to understand and share with accountants. However, some mention the need for more intuitive setup and better bank connection reliability.
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“It is a good tool for financial reporting. It handles both the Income Statement and Balance Sheet very well. It also has the capacity to produce Cash Flow Statements based on user-defined time periods.”
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Arthur R.

CEO

“The financial summaries are displayed in a format that is easy to understand and important for my small business financial review”
Verified reviewer profile picture

Nweke C.

Founder, Lead Designer

Starting price
19flat rate /
per month
Pros and Cons based on 1,710 verified reviews
Verified reviewer profile picture
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
Accounting5.0
General Ledger4.6

User insights about the income & balance sheet feature

Users report that QuickBooks Desktop's income and balance sheet capabilities are essential for financial management. They highlight the ease of generating accurate, customizable reports and the software's support for tax preparation and budgeting. Reviewers appreciate the clear, detailed insights and the ability to drill down into specific categories. Some mention the need for better online access and support.

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“I'm able to pull an Income and Balance Sheet statement at company level and also location level to make sure that I know where we are at profitability wise across all of our locations.”
JM

Jack M.

Senior VP of Finance

“I like the clear and comprehensive insights provided by this feature, which helps me to effectively monitor my financial health and make informed business decisions.”
SM

Shelmith M.

Admin Virtual Assistant

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

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
QuickBooks Online logo
Reviews Sentiment
 
 
 
1-2(454)
3-4(3,126)
5(4,748)
Key Features
Accounting4.5
General Ledger4.4

User insights about the income & balance sheet feature

Reviewers find QuickBooks Online's income and balance sheet capabilities easy to use and customize. They appreciate the real-time updates, clear reporting, and the ability to access reports from anywhere. Users highlight the importance of these reports for tax preparation and financial decision-making. Some mention issues with report accuracy and the need for better customer support.

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“QuickBooks Online allows one to easily track different income and balance sheet items. From the income and balance sheet reports, one can select a specific entry or transaction, follow the trail, make adjustments if the inputs were incorrect.”
DO

Davis O.

Administrative Assistant

“This feature is pretty cool I can generate ang Balance sheet and income statement in just few click. QuickBooks online really save time. You don't to do manual computation to get your reports, all you have to do is just few clicks using your mouse.”
AB

Aurea B.

Bookkeeper

Starting price
38flat rate /
per month
Pros and Cons based on 8,328 verified reviews

Cloud-based accessibility

Ideal for small businesses

Seamless integrations

Comprehensive accounting features

Efficient tax management

Frequent bugs and crashes

Limited desktop features

Recurring costs and price increases

Inadequate customer support

Complicated transaction management

See pros and cons details

Other Top Rated Accounts Receivable Software with Income & Balance Sheet in 2026

NetSuite logo

NetSuite

AI-powered cloud-based business management suite

visit website
Automate invoice delivery, payment processing, and collections management with NetSuite’s AI-powered cloud accounting software. Automatically post order transactions to general and AR ledgers, with accurate tax calculations on each invoice, for rapid, precise tax processing and billing.

Read more about NetSuite

Users also considered
Accounting Seed logo

Accounting Seed

Category Leaders

Accounting and analytics software built on Salesforce

visit website
Billing Automation Hassle Free. You can jump right from an opportunity to deliver an invoice, kick off a project, or establish a recurring billing plan. Subscription billing or recurring billing are both easy to manage. Visit: https://www.accountingseed.com/the-product/billing-customers

Read more about Accounting Seed

Users also considered
QuickBooks Enterprise logo

QuickBooks Enterprise

Category Leaders

Enterprise accounting, FSM and inventory management solution

visit website
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
DataSnipper logo

DataSnipper

Intelligent automation platform for financial control

visit website
DataSnipper is a cloud-based intelligent automation platform designed for audit and finance teams that helps streamline workflows and offers features such as data collection, extraction, matching, and analysis.

Read more about DataSnipper

Users also considered
Plus & Minus logo

Plus & Minus

Accounting and ERP accounting in real-time

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

Read more about Plus & Minus

Users also considered
ZarMoney logo

ZarMoney

Category Leaders

Cloud-based accounting solution for businesses of all sizes

visit website
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.

Read more about ZarMoney

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
QuickBooks Online logo

Accounting and business management software

QuickBooks Online automatically updates the Accounts Receivable accounts in your chart of accounts as soon as you write an invoice or receive a payment from a client.

Read more about QuickBooks Online

Users also considered
FreshBooks logo
Category Leaders

Invoice and accounting software tailored to small businesses

FreshBooks helps you collect payments from your customers by creating, sending and tracking invoices, sending payment reminders and accepting card payments.

Read more about FreshBooks

Users also considered
Xero logo
Category Leaders

Cloud-based accounting software for small businesses

Use Xero to send custom invoices, track invoices, set up recurring invoices, add instant online payment links in invoices for payment via PayPal or credit card.

Read more about Xero

Users also considered
QuickBooks Desktop logo

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

With Wave's comprehensive, free and unlimited invoicing tools, you can send invoices, keep track of who owes what, send reminders and more.

Read more about Wave

Users also considered
QuickBooks Online Advanced logo

Accounting & business management for small businesses

Streamline accounts receivable with automated invoicing, payment tracking, and real-time reporting for optimized cash flow management.

Read more about QuickBooks Online Advanced

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
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
SaasAnt Transactions logo

Accounting and data entry software

SaasAnt Transactions is an accounting and data entry software that helps businesses bulk import, export, and delete transactions in Quickbooks Desktop from within a unified platform. It allows staff members to maintain an audit history of all imported and deleted transactions.

Read more about SaasAnt Transactions

Users also considered
Holded logo
Category Leaders

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 accounts receivable helps companies increase cash flow by automating invoicing, collection processes and reporting.

Read more about Sage Intacct

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
Sage Accounting logo

Accounting software for small businesses

Sage Accounting is an accounting system for small business owners. It has features to help users forecast their cashflow, send and track invoices and act on real-time reporting. Users can manage their business from anywhere, at any time, from the cloud and with mobile functionality. Sage Accounting application is available for iOS and Android.

Read more about Sage Accounting

Users also considered
TallyPrime logo

Solution for managing accounting and financial operations

TallyPrime is an on-premise business management solution that helps small to midsize businesses manage accounting, inventory, compliance, sales, purchase, manufacturing, job costing, payroll, branch management and more.

Read more about TallyPrime

Users also considered
FreeAgent logo

FreeAgent has been voted the UK's #1 accounting software.

Create estimates that convert into invoices, set up recurring invoices that send automatically, and nudge those late-paying clients with automate reminders.

Read more about FreeAgent

Users also considered
Vyapar logo

Ab Har Business Banega Digital

Vyapar can be useful in a number of ways:
Inventory tracking,
Automate invoicing,
Business reporting,
Free payment reminders,
barcode management,
Online Catalogue,
Free transaction messages/
Multiple payment modes management,
and many more.

Read more about Vyapar

Users also considered
Sage 50 Accounting logo

Cloud-based accounting tool for small and midsized business

Sage 50 Accounting is an online accounting solution for SMBs with Office 365 integration that helps manage accounting, invoicing, cash flow, inventory, taxes, and more.

Read more about Sage 50 Accounting

Users also considered

Key features for Accounts Receivable software

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

  • Accounting: Reviewers highlight real-time tracking, visibility, and control of financials, automated data entry, customizable reports, and comprehensive management of accounts, payroll, and inventory. 97% of reviewers rated this feature as important or highly important.
  • General Ledger: Users appreciate the intuitive setup, visibility, accuracy, and comprehensive tracking of transactions, along with the ability to generate and customize financial statements and reports. 94% of reviewers rated this feature as important or highly important.
  • Invoice Processing: Reviewers value automation, ease of creating and sending invoices, integration with other systems, and real-time tracking of payments and pending approvals. 94% of reviewers rated this feature as important or highly important.
  • Billing & Invoicing: Users highlight customization options, automated reminders, ease of tracking payments, and integration with various payment methods, ensuring streamlined billing processes. 94% of reviewers rated this feature as important or highly important.
  • Bank Reconciliation: Reviewers emphasize the importance of automated bank integration, real-time transaction matching, and the ability to quickly identify and resolve discrepancies. 93% of reviewers rated this feature as important or highly important.
  • Expense Tracking: Users appreciate the ease of categorizing and tracking expenses, attaching receipts, generating detailed reports, and the ability to manage business finances efficiently. 91% of reviewers rated this feature as important or highly important.