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Top Rated Financial Reporting 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 sheets provide clear insights into a company's financial health by tracking assets, liabilities, revenue, and expenses. They support accurate reporting, strategic planning, and informed decision-making, while also aiding in compliance and financial analysis. Our reviewers in financial reporting software rated this feature as highly important.

6 Best Financial Reporting 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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FreshBooks logo
4.5
(4.5K)
21
flat rate/per month
visit website
Xero logo
4.4
(3.2K)
25
flat rate/per month
visit website
Dynamics 365 logo
4.4
(5.8K)
50
per user/per month
learn more
QuickBooks Online Advanced logo
4.4
(1K)
235
flat rate/per month
learn more
QuickBooks Online logo
4.3
(8.3K)
38
flat rate/per month
learn more

See other top Financial Reporting products with income & balance sheet

How we picked the 6 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 Financial Reporting 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 6 best products

NetSuite logo

NetSuite

Reviews Sentiment
 
 
 
1-2(92)
3-4(906)
5(793)
Key Features
Accounting4.4
Profit/Loss Statement4.3

User insights about the income & balance sheet feature

Reviewers indicate that NetSuite provides easy access to income and balance sheet reports, which can be updated in real-time. They appreciate the ability to customize reports, drill down into details, and view financials by entity or consolidation. Users find these reports essential for financial management, audits, and decision-making, though some mention challenges with report headers and overall usability.

See related user reviews

“Our accounting team uses this feature extensively while I just review the final income statement and balance sheet of the business unit at the end of each month.”
PP

Pragnesh P.

Marketing Manager

“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

Starting price
Empty state illustration for "No pricing info"

No pricing info

visit website
Pros and Cons based on 1,791 verified reviews

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
FreshBooks logo

FreshBooks

Reviews Sentiment
 
 
 
1-2(82)
3-4(1,765)
5(2,655)
Key Features
Accounting4.5
Profit/Loss Statement4.7

User insights about the income & balance sheet feature

Reviewers appreciate FreshBooks for its user-friendly interface and the ability to quickly generate and customize income and balance sheet reports. They find these reports valuable for tracking profitability, managing expenses, and ensuring tax compliance. Users highlight the ease of use and the clarity of financial data, which helps in making informed business decisions.

See related user reviews

“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
Xero logo

Xero

Reviews Sentiment
 
 
 
1-2(157)
3-4(1,150)
5(1,943)
Key Features
Accounting4.6
Profit/Loss Statement4.7

User insights about the income & balance sheet feature

Reviewers feel that Xero's income and balance sheet reports are easy to generate, customize, and understand. They appreciate the ability to drill down into details, export data, and use various formats. Users find these reports crucial for financial tracking, decision-making, and compliance. Some mention minor issues with report formatting and integration with other systems.
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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. ”
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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

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
Dynamics 365 logo
Reviews Sentiment
 
 
 
1-2(128)
3-4(2,639)
5(3,033)
Key Features
Accounting
Profit/Loss Statement4.5

User insights about the income & balance sheet feature

Reviewers indicate that Dynamics 365 provides real-time, accurate income and balance sheet reports, aiding in financial planning and compliance. They find the system useful for monthly and comparative reporting, and appreciate the ease of generating and customizing these reports. Some users mention using other software for billing, which reduces the importance of this feature for them.
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“ 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

“"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

Starting price
50per user /
per month
learn more
Pros and Cons based on 5,800 verified reviews
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Comprehensive sales management

Effective customer relationship management

Enhanced team collaboration

Efficient task management

Seamless Microsoft integration

Slow performance speed

Disruptive software updates

Steep learning curve

High costs and complexity

See pros and cons details
QuickBooks Online Advanced logo
Reviews Sentiment
 
 
 
1-2(40)
3-4(369)
5(626)
Key Features
Accounting4.6
Profit/Loss Statement4.6

User insights about the income & balance sheet feature

Reviewers appreciate QuickBooks Online Advanced's ability to automatically track income and generate detailed balance sheets. They find the reports easy to create, customize, and drill down into for specific transactions. Users highlight the importance of these reports for business management, tax planning, and financial transparency. However, some mention challenges with multicompany reporting and customizing report layouts.

See related user reviews

“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

“All of my income that comes into my connected bank accounts is automatically tracked in QB Online Advanced. ”
ST

Shannon T.

Owner operator

Starting price
235flat rate /
per month
learn more
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
Profit/Loss Statement4.6

User insights about the income & balance sheet feature

Users report that QuickBooks Online makes it easy to generate and customize income and balance sheet reports, which are crucial for tracking financial health and making informed decisions. They appreciate the real-time updates, integration with bank accounts, and the ability to drill down into details. Some users find the default formatting and customization options challenging.

See related user reviews

“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

“I love that QuickBooks Online allows the user to generate a Balance Sheet and Income Statement at a particular date. Some accounting systems only allow the user to run these reports at month-end.”
DO

Dustin O.

Owner

Starting price
38flat rate /
per month
learn more
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 Financial Reporting Software with Income & Balance Sheet in 2026

NetSuite logo

NetSuite

AI-powered cloud-based business management suite

visit website
With NetSuite financial reports, gain a more complete picture of your business and generate accurate financial statements and reports that comply with US GAAP, IFRS and other accounting standards. Multi-entity and multi-book accounting capabilities make financial consolidation and reporting easy.

Read more about NetSuite

Users also considered
Sage Intacct logo

Sage Intacct

Best-in-class Cloud ERP for Finance

visit website
Save over 40+ hours per month on financial reporting and achieve real-time visibility into business performance.

Read more about Sage Intacct

Users also considered
Accounting Seed logo

Accounting Seed

Accounting and analytics software built on Salesforce

visit website
Stay on top of your business goals with dynamic dashboards and financial reporting features in Accounting Seed. Get better visibility of results with tailored, real-time data across sales, operations, and finance.
Visit: https://www.accountingseed.com/product/accounting-core/

Read more about Accounting Seed

Users also considered
CCH Tagetik logo

CCH Tagetik

Cloud-based & on-premise CPM solution for financial planning

visit website
CCH Tagetik is a unified Corporate Performance Management software platform for finance budgeting, planning, dashboard-based insight reporting & data visualization

Read more about CCH Tagetik

Users also considered
Spreadsheet Server logo

Spreadsheet Server

Category Leaders

ERP to Excel reporting. Simple formulas. Real-time data.

visit website
Connect 140+ ERPs to Excel. Real-time financial reports using formulas you know. AI help built-in. Drill to details. Zero IT needed.

Read more about Spreadsheet Server

Users also considered
Jet Reports logo

Jet Reports

Flexible Financial and Business Reporting Inside Excel

visit website
Jet Reports is a flexible financial and business reporting solution running inside of Excel and on the Web. From advanced business reports to sophisticated financial statements, business users can create reports in Excel with no exporting, no copying and pasting, and no programming required.

Read more about Jet Reports

Users also considered
QuickBooks Enterprise logo

QuickBooks Enterprise

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
Longview Tax logo

Longview Tax

Corporate tax management and reporting solution

visit website
Longview Tax is a corporate tax management solution that provides businesses with tools for managing tax strategies, collecting data, provisioning, and reporting on taxes. The cloud-based platform also offers tools for tax planning and helps businesses create data-driven strategies.

Read more about Longview Tax

Users also considered
FreshBooks logo

FreshBooks

Invoice and accounting software tailored to small businesses

visit website
FreshBooks makes it quick and easy to generate popular reports like: profit & loss, payments collected, tax summary, expense reports, and many more.

Read more about FreshBooks

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
QuickBooks Online logo

Accounting and business management software

learn more
Generate a series of 1-click reports through QuickBooks Online such as Profit & Loss, Balance Sheet and more. Share & collaborate on these with your accountant.

Read more about QuickBooks Online

Users also considered
Dynamics 365 logo

ERP and CRM applications from Microsoft

learn more
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

Cloud-based accounting software for small businesses

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Xero facilitates the viewing and sharing of over 40 interactive financial reports in real time, such as profit and loss, balance sheet, tax returns, and more.

Read more about Xero

Users also considered
QuickBooks Desktop logo

Comprehensive business management solution

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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

Accounting, invoicing, and payroll management platform

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Wave is true double-entry accounting, not just a "lite" expense/income tracker. Get Balance Sheet, Income Statement, Aged Receivables/Payables, and more.

Read more about Wave

Users also considered
QuickBooks Online Advanced logo

Accounting & business management for small businesses

learn more
Advanced financial reporting with customizable templates, real-time analytics, and automated data consolidation for informed oversight.

Read more about QuickBooks Online Advanced

Users also considered
BQE CORE Suite logo
Category Leaders

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

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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
Emburse Nexonia logo

Expense management for ERP & accounting systems

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Automated timesheet, expense management, and corporate travel solution that gives busy financial leaders the tools to get T&E spending under control.

Read more about Emburse Nexonia

Users also considered
BILL Spend & Expense logo

The all-in-one expense management solution.

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

Read more about BILL Spend & Expense

Users also considered
Patriot Accounting logo

Cloud-based accounting and payroll software

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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
A2X logo

Accurate ecommerce accounting, without the fuss.

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Have your Amazon & Shopify sales reconciled accurately in QuickBooks & Xero with A2X.

Read more about A2X

Users also considered
Zoho Books logo
Category Leaders

Online accounting software for businesses of all sizes

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Zoho Books generates a comprehensive list of financial reports such as profit & loss reports, cash flow statements, tax statements, balance sheet, and more.

Read more about Zoho Books

Users also considered
SaasAnt Transactions logo

Accounting and data entry software

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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
Ramp logo
Category Leaders

Corporate card and expense management platform

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Ramp is a cloud-based expense and spend management solution that provides businesses with virtual corporate cards for employees and allows them to track and manage company spending. The platform helps businesses to track trends in spending and identify areas where costs could be cut.

Read more about Ramp

Users also considered

Key features for Financial Reporting software

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

  • Accounting: Reviewers highlight automation, detailed record-keeping, real-time updates, and ease of use for tracking expenses, income, and accounts payable, enhancing financial visibility and efficiency. 97% of reviewers rated this feature as important or highly important.
  • Profit/Loss Statement: Reviewers appreciate customizable, detailed, and easy-to-read reports for tracking profitability, comparing time periods, and supporting strategic financial decisions. 96% of reviewers rated this feature as important or highly important.
  • Bank Reconciliation: Users emphasize the importance of matching transactions, reducing errors, and improving financial accuracy and cash flow management through automated and manual reconciliation processes. 94% of reviewers rated this feature as important or highly important.
  • Billing & Invoicing: Reviewers highlight automation, customization, and ease of use for creating professional invoices, tracking payments, and enhancing cash flow and customer satisfaction. 94% of reviewers rated this feature as important or highly important.
  • General Ledger: Users value the comprehensive, real-time recording of financial transactions, customizable categories, and the ability to generate accurate reports and support financial analysis. 92% of reviewers rated this feature as important or highly important.