getapp-logo

App comparison

Add up to 4 apps below to see how they compare. You can also use the "Compare" buttons while browsing.

Software categoriesBlog & researchAbout us

GetApp offers objective, independent research and verified user reviews. We may earn a referral fee when you visit a vendor through our links. 

Table of Contents

usersusersusers

Talk with us for a free 15-min consultation

Expert advisors like Chase, who have helped 1,000+ companies, can find the right software for your needs.

Top Rated Bookkeeper Software with Income & Balance Sheet in 2026

Verified reviewer profile picture
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 capabilities enable businesses to track revenue, expenses, assets, and liabilities accurately. They support informed financial decisions, simplify report generation, and help monitor overall financial health and performance. Our reviewers in bookkeeper software rated this feature as highly important.

5 Best Bookkeeper Software with Income & Balance Sheet

Product
User rating
Starting price
Xero logo
4.4
(3.2K)
25
flat rate/per month
visit website
QuickBooks Enterprise logo
4.5
(20.5K)
2210
flat rate/per year
visit website
Wave logo
4.4
(1.7K)
19
flat rate/per month
QuickBooks Online Advanced logo
4.4
(1K)
235
flat rate/per month
QuickBooks Online logo
4.3
(8.3K)
38
flat rate/per month

See other top Bookkeeper products with income & balance sheet

How we picked the 5 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 Bookkeeper 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 5 best products

Xero logo

Xero

Reviews Sentiment
 
 
 
1-2(157)
3-4(1,150)
5(1,943)
Key Features
Accounting4.6
Invoice Processing4.6

User insights about the income & balance sheet feature

Reviewers value Xero's income and balance sheet capabilities for their clarity and ease of use. They find the reports easy to generate, customize, and understand, even for non-finance users. Users appreciate the detailed financial snapshots and the ability to drill down into transactions, though some mention minor issues with report formatting and integration with other tools.
Verified reviewer profile picture

See related user reviews

“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
QuickBooks Enterprise logo

QuickBooks Enterprise

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

User insights about the income & balance sheet feature

Reviewers highlight QuickBooks Enterprise's income and balance sheet capabilities as essential for understanding business financial health. They appreciate the ease of use, detailed insights, and customizable reports. Users report that it integrates well with other platforms and provides accurate, comprehensive financial statements, though some mention a need for more basic report options.
Verified reviewer profile picture

See related user reviews

“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.”
Verified reviewer profile picture

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
Wave logo
Reviews Sentiment
 
 
 
1-2(108)
3-4(553)
5(1,049)
Key Features
Accounting4.5
Invoice Processing4.6

User insights about the income & balance sheet feature

Users find Wave's income and balance sheet capabilities simple and effective for financial reporting. They appreciate the ease of access, clear presentation, and ability to track income and expenses. Reviewers note that while it lacks advanced customization, it is highly functional for small businesses and provides accurate, easy-to-understand financial summaries.
Verified reviewer profile picture

See related user reviews

“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.”
Verified reviewer profile picture

Arthur R.

CEO

“Wave automatically generate our yearly balance in seconds no headched to preapre balance sheet with lots of paperwork physically in simple click it gaves balance sheet monthwise as well yearly with our income”
Rl

Rahul l.

Production manager

Starting price
19flat rate /
per month
Pros and Cons based on 1,710 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 Online Advanced logo
Reviews Sentiment
 
 
 
1-2(40)
3-4(369)
5(626)
Key Features
Accounting4.6
Invoice Processing4.7

User insights about the income & balance sheet feature

Reviewers appreciate QuickBooks Online Advanced's income and balance sheet capabilities for providing essential financial insights. They find it easy to generate, customize, and review reports, which are crucial for managing business finances. Users report that the tool is user-friendly, even for non-accountants, though some mention challenges with customization and finding specific accounts.

See related user reviews

“Income and Balance Sheet are important financial reports in QuickBooks Online Advanced because it provide essential information about a company's financial health and performance.”
EA

Edwin A.

Accountant

“Reports are easy to generate and customize, and QBO Advanced comes with a number of prefab templates for generating different views on these reports. Only not 5 stars because, if you have multiple company files, it can be a real chore to assemble multicompany reports from within a single company file.”
CF

Cody F.

Finance Director

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

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
QuickBooks Online logo
Reviews Sentiment
 
 
 
1-2(454)
3-4(3,126)
5(4,748)
Key Features
Accounting4.5
Invoice Processing4.4

User insights about the income & balance sheet feature

Users appreciate QuickBooks Online's income and balance sheet capabilities for their ease of use and real-time updates. They find it helpful for tracking financial performance, generating reports, and making informed business decisions. Reviewers note the flexibility in customizing reports, though some mention issues with default formatting and occasional confusion with data organization.

See related user reviews

“Quickbooks allow us to see what we've made in income and what we've lost. Having this sheet allows us to adjust accordingly when a job goes wrong, or keep on the right path when a job goes right!”
JR

John R.

Energy Consultant

“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

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 Bookkeeper Software with Income & Balance Sheet in 2026

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
Eleven logo

Eleven

Category Leaders

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 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
QuickBooks Online logo
Category Leaders

Accounting and business management software

QuickBooks Online is an all-in-one online business software designed to help manage business finances. The platform is built to scale businesses, unlocking insights and providing the functionality of a larger team, all on one integrated platform.

Read more about QuickBooks Online

Users also considered
Xero logo
Category Leaders

Cloud-based accounting software for small businesses

Xero is an online accounting and bookkeeping solution designed to simplify collaboration between bookkeepers and their clients, available on any computer or mobile device with an internet connection. Automate your admin tasks and manage clients with all-in-one accounting and bookkeeping software.

Read more about Xero

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
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
BILL Spend & Expense logo

The all-in-one expense management solution.

BILL Spend & Expense (formerly Divvy) is the all-in-one expense management solution.

Read more about BILL Spend & Expense

Users also considered
A2X logo

Accurate ecommerce accounting, without the fuss.

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

Read more about A2X

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
Bench logo

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

Your Bench team is on hand to remove the burden of bookkeeping from your life. They’ll learn your bookkeeping needs inside and out, giving you more time to focus on your business.

Read more about Bench

Users also considered
Sage Accounting logo
Category Leaders

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
Lendio logo

Sunrise, formerly Billy, is a cloud-based accounting system

Sunrise - formerly Billy - is a cloud-based accounting software which enables freelancers & creative professionals to manage billing efficiently & track expenses effectively

Read more about Lendio

Users also considered
FreeAgent logo

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

FreeAgent’s award-winning online accounting software is designed specifically for small businesses and freelancers. Over 100,000 customers use FreeAgent to keep their business admin on track.

Read more about FreeAgent

Users also considered
Sage 100 logo
Category Leaders

Enterprise resource planning software

Sage 100 is a customizable business management solution that helps businesses automate financials, operations, and payroll, providing complete visibility into the operations. Sage 100 grows with the business, allowing teams to scale and meet specific needs as a small or medium-sized enterprise.

Read more about Sage 100

Users also considered
Sage 50 Accounting logo
Category Leaders

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
Kashoo logo

Online accounting software for small businesses

Kashoo is simple cloud accounting for small business owners who want the control and simplicity of doing their own books. It provides small business owners with the ability to run their business the way they want to, with tools for invoice management, payment processing, reporting, and more.

Read more about Kashoo

Users also considered
ZipBooks logo

Accounting and online invoicing software

ZipBooks is a cloud-based accounting software that caters to the bookkeeping and accounting needs of small to medium-sized businesses and bookkeeping firms. The solution offers core accounting, financial reporting, online invoicing, expense tracking, credit card processing, and more.

Read more about ZipBooks

Users also considered
AccountEdge logo

Desktop accounting software for small businesses

AccountEdge is a powerful, easy-to-use, small-business
accounting software for the Mac and Windows desktop in the United States and Canada.

Read more about AccountEdge

Users also considered
QNE Accounting Software logo

Accounting System in Southeast Asia.

Accounting Software designed specifically to meet the requirements of local business practices and challenging environments in Southeast Asia

Read more about QNE Accounting Software

Users also considered
MYOB Business logo

Online accounting & payroll for every business

Small Business cloud based bookkeeping software to automate payroll, client management, tax and all your bookkeeping needs.

Read more about MYOB Business

Users also considered
Neat logo

Easy-to-use bookkeeping automation for small business

Neat is your all-in-one small business accounting and bookkeeping software that replaces the guesswork of spreadsheets, handwritten records, and manual invoices. Try for free today!

Read more about Neat

Users also considered
PBS Accounting logo

Ge more done with Passport Business Solutions

Passport Business Solutions (PBS) Accounting software is designed for growing small to mid-sized US companies ranging from 6 to 100 million in annual sales. Fully integrated professional level accounting software that fits a wide range of businesses. On-premise.

Read more about PBS Accounting

Users also considered
Big E-Z Accounting for Google Sheets logo

Manage finances, stay organized & collaborate with your team

The Big E-Z Accounting for Google Sheets Add-on offers expense tracking, invoicing, clear & concise reports, cash flow management & collaboration.

Big E-Z saves you time & money over other programs on the market.

Try it Free for 14 days! Free 3-day custom setup with purchase. www.bigez.com

Read more about Big E-Z Accounting for Google Sheets

Users also considered
Indy logo

All in one application for freelancers !

Online application that helps self-employed automate accounting, from expense tracking to tax filling and bank reconciliation.

Read more about Indy

Users also considered

Key features for Bookkeeper software

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

  • Accounting: Reviewers highlight automated processes, efficient expense tracking, real-time updates, and integration capabilities that enhance financial management and decision-making. 98% of reviewers rated this feature as important or highly important.
  • Invoice Processing: Reviewers value the streamlined workflows, easy invoice creation, automatic reminders, and integration with other systems to simplify accounts receivable and payable. 93% of reviewers rated this feature as important or highly important.
  • General Ledger: Users note the detailed and customizable tracking of financial transactions, which aids in accurate reporting and financial statement preparation. 93% of reviewers rated this feature as important or highly important.
  • Bank Reconciliation: Reviewers emphasize the ease of linking bank accounts, automatic transaction matching, and accurate, time-saving reconciliation processes. 91% of reviewers rated this feature as important or highly important.
  • Payroll Management: Users appreciate automated tax calculations, direct deposits, and reminders, which simplify payroll processing and ensure compliance. 91% of reviewers rated this feature as important or highly important.