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Top Rated Purchasing 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 provide accurate financial records, facilitate audits, and offer a clear overview of the company's financial status. They help generate reliable reports and ensure informed decision-making for purchasing. Our reviewers in purchasing software rated this feature as highly important.

3 Best Purchasing Software with Income & Balance Sheet

  • Xero
  • NetSuite
  • Dynamics 365 - Highest rated for income & balance sheet

See other top Purchasing products with income & balance sheet

How we picked the 3 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 purchasing 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 the product with the highest rating for income & balance sheet based on our proprietary ratings and reviews. 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 3 best products

Xero logo

Xero

4.4
(3.2K)
visit website

User insights about the income & balance sheet feature

Users find Xero's income and balance sheet capabilities highly useful for generating key financial statements like profit and loss and balance sheets with ease. They appreciate the clear, concise, and customizable reports, which can be exported to Excel or PDF. Reviewers highlight the ability to drill down into line items, attach notes, and set up scheduled report generation. They report that Xero provides real-time visibility into financial performance, aiding data-driven decision-making and simplifying the accounting process for both small and large businesses.
“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 businesses with Income Statements and Balance Sheets, which are essential financial reports used to track a company's financial performance over a specific period.”
MK

Mehdi K.

Mehdi

Purchasing key features coverage

Xero offers 6 out of the 6 key features for Purchasing software identified by reviewers:

Purchase Order Management4.0
Approval Process Control4.3
Order Management4.7
Inventory Management4.2
Invoice Processing4.6
Access Controls/Permissions4.2

Pros and cons based on 3,249 verified reviews

60% of users rated Xero 5 out of 5 stars, while 5% gave it 1 or 2 stars. To determine these pros and cons insights we analyzed 3,249 reviews and identified the topics where users expressed positive and negative sentiment.

Pros:

Cloud accounting accessibility

Customizable dashboard

Effective bookkeeping tools

Accessible learning resources

User-friendly interface

Cons:

Slow issue resolution

Poor customer support

Limited inventory management

Lack of live support

Underdeveloped mobile access

See pros and cons details

Pricing

Starting price:$25 flat rate/per month|Free version:Not available|Free trial:Available

Prices may vary depending on the number of users and features.

NetSuite logo

NetSuite

4.2
(1.7K)
visit website

User insights about the income & balance sheet feature

Reviewers indicate that NetSuite's income and balance sheet capabilities provide detailed insights into revenue and expenses, aiding in financial decision-making. They appreciate the ability to customize reports, drill down into transactions, and access real-time data. Users report that it simplifies monthly and quarterly financial audits and supports consolidated reporting by entity. They find it easy to use and value the ability to refresh reports and view previous fiscal periods, although some mention issues with report headers and customization limitations.
“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

Purchasing key features coverage

NetSuite offers 6 out of the 6 key features for Purchasing software identified by reviewers:

Purchase Order Management4.3
Approval Process Control4.8
Order Management4.2
Inventory Management4.2
Invoice Processing4.2
Access Controls/Permissions4.4

Pros and cons based on 1,768 verified reviews

44% of users rated NetSuite 5 out of 5 stars, while 5% gave it 1 or 2 stars. To determine these pros and cons insights we analyzed 1,768 reviews and identified the topics where users expressed positive and negative sentiment.

Pros:

Cloud-based accessibility

Efficient inventory management

Flexible customization options

Customizable and informative dashboards

Convenient web access

Cons:

Slow performance speed

Prohibitive pricing for small businesses

Challenging implementation process

Inadequate customer support

Inefficient sales management

See pros and cons details

Pricing

Free version:Not available|Free trial:Not available

Prices may vary depending on the number of users and features.

Dynamics 365 logo
4.4
(5.8K)

User insights about the income & balance sheet feature

Reviewers appreciate Dynamics 365's income and balance sheet capabilities for providing real-time financial snapshots and aiding in tracking revenue, expenses, and assets. They find it helpful for generating monthly reports and maintaining financial health and compliance. Users report that it simplifies the creation of profit and loss statements and balance sheets, making it easy to pull and design reports to their specifications. They indicate that it supports strategic planning and regulatory compliance, ensuring comprehensive business management.
“"Income & Balance Sheet" in Dynamics 365 provides essential financial data for accurate reporting, strategic planning, and regulatory compliance, bolstering comprehensive business management capabilities.”
IS

Intiaj S.

Owner

“ Income & Balance Sheets in Dynamics 365 provide financial snapshots, aiding in tracking revenue, expenses, and assets. They enable informed decisions, ensuring financial health and compliance. ”
Verified reviewer profile picture

masud r.

owner

Purchasing key features coverage

Dynamics 365 offers 3 out of the 6 key features for Purchasing software identified by reviewers:

Purchase Order Management4.3
Approval Process Control
Order Management
Inventory Management4.5
Invoice Processing4.3
Access Controls/Permissions

Pros and cons based on 5,800 verified reviews

52% of users rated Dynamics 365 5 out of 5 stars, while 2% gave it 1 or 2 stars. To determine these pros and cons insights we analyzed 5,800 reviews and identified the topics where users expressed positive and negative sentiment.

Pros:

Comprehensive sales management

Effective customer relationship management

Enhanced team collaboration

Efficient task management

Seamless Microsoft integration

Cons:

Slow performance speed

Disruptive software updates

Steep learning curve

High costs and complexity

See pros and cons details

Pricing

Starting price:$50 per user/per month|Free version:Not available|Free trial:Available

Prices may vary depending on the number of users and features.

Other Top Rated Purchasing Software with Income & Balance Sheet in 2026

Odoo logo

Odoo

All-in-one open-source business software

visit website
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
Zoho Books logo

Zoho Books

Category Leaders

Online accounting software for businesses of all sizes

visit website
Use Zoho Books to create and send detailed and customized purchase orders with your own branding. Track opened purchase orders and convert POs to bills.

Read more about Zoho Books

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

Simplify your purchase order process and maintain control. Whether you’re creating a purchase order or need to convert one to an invoice, Xero makes the process simple and easy.

Read more about Xero

Users also considered
NetSuite logo

AI-powered cloud-based business management suite

Use the purchasing and vendor management capabilities of NetSuite ERP's Supply Chain & Inventory Management feature to manage the entire procure-to-pay process.

Read more about NetSuite

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
Sage Intacct logo
Category Leaders

Best-in-class Cloud ERP for Finance

Cut invoice-to-payment time 50% and eliminate hundreds of hours of tedious transactional data entry.

Read more about Sage Intacct

Users also considered
SAP Business One logo

Finance and Business Management (ERP) System

Enterprise resource planning software for SMEs. Manage every aspect of your small or midsize business with SAP Business One.

Read more about SAP Business One

Users also considered
Deltek Vision logo

Project management tool for professional services managers.

Deltek Vision is a project management solution, which helps businesses in the professional services sector manage customer relationship management (CRM), project planning, document tracking, resource planning, payroll processes, and more. It improves project profitability and streamlines client relationships by managing the complete lifecycle of a project, from identifying opportunities to estimating costs.

Read more about Deltek Vision

Users also considered
Sage 100 logo

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
JD Edwards EnterpriseOne logo

Database of resource planning software for enterprises

Oracle's JD Edwards EnterpriseOne is an integrated applications suite of comprehensive enterprise resource planning software that combines business value, standards-based technology, and deep industry experience into a business solution with a low total cost of ownership. EnterpriseOne is the first ERP solution to run all applications on Apple iPad. JD Edwards EnterpriseOne also delivers mobile applications.

Read more about JD Edwards EnterpriseOne

Users also considered
Deltek Costpoint logo

AI-enabled enterprise resource planning (ERP) software

Costpoint is an artificial intelligence (AI)-enabled enterprise resource planning (ERP) software that helps businesses streamline project management, accounting, and material tracking operations.

Read more about Deltek Costpoint

Users also considered
HAL ERP logo

Making ERPs formless & natural

HBS is a unique business system designed to help businesses manage and automate their key operations - Procurement, Sales, Inventory, Finance, HR, Manufacturing, Production, Quality control, and Compliance.
In addition, the simplified reporting tool makes it easy to pull out infinite custom reports

Read more about HAL ERP

Users also considered
M1 ERP logo

Manufacturing enterprise resource planning (ERP) software

M1 is a modular web-based manufacturing enterprise resource planning (ERP) software for job shops, make-to-order manufacturers and custom & mixed mode manufacturers. The system is designed to manage multiple business areas including production, engineering, scheduling, inventory, shipping, and more.

Read more about M1 ERP

Users also considered
Epicor Prophet 21 logo

Data-driven ERP software for distributors.

Prophet 21 provides distributors with up-to-the-minute financial reports and dashboards to track sales, outstanding invoices, and receivables, empowering them to make informed decisions and create more value with AI-infused insights. With a focus on inventory management, warehouse operations, financials, order management, business intelligence, purchasing, and service and maintenance, Prophet 21 offers a comprehensive solution to drive growth and manage workflows for distributors across various

Read more about Epicor Prophet 21

Users also considered
Adfinity logo

Accounting and financial management software

Adfinity is one of the most complete accounting software packages, offering a large variety of advanced financial management features. Adfinity brings added value in reporting, automation, digitalization of workflows and paperless working.

Read more about Adfinity

Users also considered
Taulia logo

Invoicing, discounting & payments

Taulia is an online invoice, payment and discounting management application that serves large, global enterprises. It provides ways to automate supplier invoicing, payment processes,and more . It also provides a Supplier Management (SIM) system to store and manage supplier information.

Read more about Taulia

Users also considered
AFAS Software logo

Human resources, payroll, and finance management

AFAS Software is a suite of tools that automates processes for human resources, payroll, & finance management, providing personalized access to the platform for both employees & managers. AFAS features include automated invoice reconciliation, leave and absence registration, payroll analysis & more.

Read more about AFAS Software

Users also considered
Wafeq logo

All-in-one accounting software for SMEs

Wafeq is a software application that makes it easy for businesses to manage invoicing, value-added tax (VAT), purchasing, payroll, employee expense claims, fixed assets, and other business-related activities. It is used by companies of all sizes, from small businesses to startups and everything in b

Read more about Wafeq

Users also considered
Silógica W! logo

ERP industrial com integração completa

O módulo de compras do Silógica ERP integra fornecedores, cotações e pedidos de forma automatizada. Facilita aprovações, comparativos e controle de custos, conectando diretamente ao financeiro e ao estoque para garantir previsibilidade e eficiência na cadeia de suprimentos.

Read more about Silógica W!

Users also considered
Qotid logo

Automate your finances with Qotid

Qotid is a financial data analysis tool. It allows, thanks to its functionalities, to follow and analyze the performance of its company.

Read more about Qotid

Users also considered
Dr. ERP logo

Manufacturing inventory management software

Dr. ERP is a manufacturing inventory management software that helps businesses manage finance, inventory, sales, procurement, assets, and more. It offers advanced security measures to protect data and ensure compliance with industry standards.

Read more about Dr. ERP

Users also considered
Raptech logo

Automate Manual Processes, Analyze Data, Accelerate Growth

Raptech is an AI-powered business platform designed for small and medium-sized businesses (SMBs) to automate core processes, eliminate manual work, and gain real-time insights across operations. It helps SMBs scale faster without the cost and complexity of traditional ERP systems.

Read more about Raptech

Users also considered
Cute Profit logo
(0)

Cloud Accounting Software

Cute Profit is a cloud accounting software that helps you keep track of your income, expenses and transactions.

Read more about Cute Profit

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One Goal ERP logo
(0)

On-premise ERP system for business automation

One Goal ERP is an on-premise enterprise resource planning system designed specifically for Mexican and Latin American businesses. The software integrates multiple business functions including accounting, finance, sales, human resources, and inventory management into a single platform. It adheres to Mexican fiscal regulations while allowing organizations to optimize processes, automate operations, and facilitate information sharing across departments.

Read more about One Goal ERP

Users also considered

Key features for Purchasing software

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

  • Purchase Order Management: Enables efficient creation, tracking, and approval of purchase orders, improves communication, reduces manual effort, and provides real-time visibility and transparency throughout the procurement process. 96% of reviewers rated this feature as important or highly important.
  • Approval Process Control: Optimizes workflow efficiency, ensures compliance and accountability, prevents unauthorized purchases, and facilitates quick and smooth approval through customizable rules and notifications. 91% of reviewers rated this feature as important or highly important.
  • Order Management: Tracks incoming and outgoing orders, provides real-time status updates, enhances customer experience, and integrates with inventory and production systems for efficient processing. 91% of reviewers rated this feature as important or highly important.
  • Inventory Management: Offers real-time tracking, customizable alerts, and detailed reporting, helping to optimize inventory levels, avoid stockouts, and ensure accurate and efficient management across multiple locations. 90% of reviewers rated this feature as important or highly important.
  • Invoice Processing: Automates invoice creation and matching with purchase orders, reduces manual errors, provides real-time visibility, and streamlines approvals and payments for efficient and accurate financial operations. 89% of reviewers rated this feature as important or highly important.
  • Access Controls/Permissions: Provides customizable roles and permissions to ensure security and accountability, allowing tailored access to users based on their roles, and preventing unauthorized actions while enabling necessary functions. 85% of reviewers rated this feature as important or highly important.