8 Best Accounting Software For Windows in (2024)

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Chances are if you’re choosing accounting software for your business for the first time you may be confused as to the best option to make. From cloud accounting software to desktop accounting software, there are so many options available for you to make. Fortunately, each of the options has its own merits and demerits. The good thing is either of these two options is way better than using traditional spreadsheets, which tends to consume more time and resources.

Accounting is an inevitable necessity for any business to succeed in the management of its business. If you get it wrong with choosing the right software for your business, you may get frustrated at everything. So to help you out, we have compiled a list of the best accounting software for windows that you can rely on for effective accounting of your business.

Meaning of Desktop Accounting Software

Desktop software or desktop accounting software is that accounting software that doesn’t require running them online. For these types of accounting software, once they’re downloaded on your computer, you only need to install them and then you can start running them on your computer. As with cloud software, desktop software allows you to store data on them.

Desktop Accounting Software Vs Cloud Accounting Software

Youmight be wondering what advantages do desktop software offer over cloud software. Although both aren’t without their pros and cons, desktop software offers the following benefits and downsides:

• No internet is required to access it
• Less expensive when compared with cloud software
• Guarantee the security of your data as long as your device is not connected to the internet

Disadvantages of Desktop Software

• It doesn’t support multiple users at a time
• Software is only accessible on the computer on which it’s installed
• There is the need to install and update the software regularly and manually
• You can lose your data if your computer crashes

Advantages of Cloud Accounting Software

Here are the advantages cloud accounting software has over desktop software:

• No manual backup is required as it’s automatically backed up in the cloud
• No installation is required
• It supports multiple users at a time
• It can be accessed on any device and from anywhere
• Relatively secure as it supports a spectrum of layers of encryption

Disadvantages of Cloud Accounting Software

• Internet connection is required to access the software
• It’s highly prone to hacker’s malware and viruses
• It’s relatively costly
• The speed tends to be slow during poor internet connection

Best Accounting Software For Windows

1. CosmoLex

CosmoLex is a web-based law office accounting management solution that is enabled with exciting features like trust accounting, business accounting, time tracking, billing, and email tracking, among others. With a simple and user-friendly interface, the tool lets you manage your time and billing effectively and efficiently. CosmoLex’s built-in legal accounting functionality helps streamlines the flow of your accounting data into the general ledger.

Additionally, the tool helps automate and streamline other accounting functions like account payable tracking, cash, and accrual basis accounting, invoicing, financial reports, bank reconciliation, creating charts of accounts, etc.

What We Like About CosmoLex

• Fantastic and easy-to-use email and time tracking capabilities
• User-friendly interface
• Efficient invoicing and billing management
• Effective time and email tracking feature
• Smooth integration with third-party software
• Real-time and detailed reports generation
• Excellent document creation and organization features
• Excellent customer support
• All-inclusive pricing. This means regardless of the plan you choose you to get access to all of the CosmoLex features.

Pricing

CosmoLex pricing starts at $79.00 per user per month (billed annually). There is also an option to try the tool free of charge. To get started with their free trial, you can register here.

2. QuickBooks Desktop Enterprise

One of the benefits of this accounting software is that it offers robust productivity; convenience, client collaboration, and work flexibility so you can enjoy the convenience of accomplishing more desktop clients from the comfort of your office and then efficiently improve your practice.

QuickBooks Desktop Enterprise offers you remote access (with world-class security) to the tool so you can run your business from anywhere, on any device, and anytime and as well collaborate with your team wherever, whenever, and any time of your choice. It also combines other exciting functions like time tracking, reporting, sales, payroll, and inventory management. The good thing about the QuickBooks Enterprise is that for those who are already using QuickBooks Pro or Premier and wish to upgrade to Enterprise, you’ll get some benefits. These benefits include:

• Up to one million data (that is, customers, inventory items, and vendors) for you to work with
• Increased list capacity of more than 6x the normal list capacity
• Up to 40 concurrent users
• 100, 000 classes

What We Like About QuickBooks Desktop Enterprise

• It is highly scalable to advance your business growth by scaling up the number of the software existing users to up to 40 simultaneous users.
• It supports integration with 200+ apps
• It is compatible with any device
• It has advanced inventory management functionality. This allows you to track the inventory, manage the order process, and princess shipment from popular shipping companies like FedEx, UPS, and USPS.
• Advanced and customizable reporting tools.
• Excellent customer support

Pricing

QuickBooks offers you a 30-day free trial to see if the product is meant for you or not. The paid pricing plan starts at $1,275 annually featuring extra customizations.

3. Zoho Invoice

Invoicing is another important aspect of your business accounting that you need to generate and send to your customers to get paid for the goods and services you supplied them. It is simply referred to as a document given by a seller to a buyer so the former can collect payment for goods and services rendered or sold for the latter.

Generating an invoice and tracking payments can be a little cumbersome if you’re not automating the process. With Zoho Invoice for Windows Surface, you can create standard invoice in minutes and send them to your customers wherever you are. The tool also lets you capture all your expense receipts and give you instant insight into your income and expenses via Zoho’s charts in the dashboard.

One of the good things about using Zoho Invoice is that it is not location-based and, in that, you can create your customer lists, generate quotes and invoices, send the invoices out and start to track your payments on the go. Getting started with Zoho Invoice is as simple as downloading the app on your favorite device and sign up free to get access to the tool.

What We Like About Zoho Invoice For Windows

• Mobile invoicing. This lets you create quotes and invoices anytime, anywhere, and on any device.
• Expenses and time tracking. This helps you track your expenses by giving you instant insights into your income and expenses so you have a clear understanding of your cash flow.
• Customizable invoice templates, which makes it easy for you to select from the list of ready-made templates and customize for your needs.

Pricing

Zoho offers a free version of up to 5 customers for you to get started. Their paid plans include Basic, Standard, and Professional. The Basic pricing plan starts at $9.00 per organization per month billed annually, while the Standard plan costs $19.00 per organization per month billed annually, and the Professional goes for $29.00 per organization per month billed annually.

4. Odoo

Odoo is an accounting software for windows that offers you lots of exciting features like invoicing, bank synchronization, bills and expenses management, smart reconciliation, and many more. With this tool, you don’t need to be an accountant to get your business accounting done the right way and in a jiffy. Odoo has all the processes automated for you so you can focus on other important aspects of your business. The invoicing, for example, is so well-automated that it automatically generates invoices for you based on your sales orders, material, time, or delivery orders.

Also, Odoo streamlines your financial reporting in that it creates for you dynamic and accurate financial statements that will suit your needs and style. From income statement to your balance sheets, and from your earning reports to your cash flow statements, the tool helps you create all these reports in minutes.

Most importantly, Odoo, when integrated with other apps, offers you other beautiful features such as expenses tracking, inventory synchronization, point of sale invoicing, and more.

What We Like About Odoo

• Smart invoicing
• Easy reconciliation
• Clear and dynamic reporting

Pricing

Odoo has different pricing plans based on users and apps. They offer trial for their users but the paid pricing plan starts at $20.00 per user per month. You can check out their various pricing plans here to see what options will be best for you.

5. WorkDay Adaptive Planning

WorkDay Adaptive Planning is an enterprise financial planning solution designed by the Elastic Hypercube Technology to help businesses with planning, budgeting, and forecasting. With this tool, you’re provided with accurate insights into your data, and the real-time reporting and forecasting you need to make informed and accurate business decisions.

What We Like About WorkDay Adaptive Planning

• Ease of use
• Smooth integration with back-end enterprise apps like NetSuite, SAP, Oracle, Microsoft, etc.
• Enhanced team collaboration and adoption
• Customizable user interfaces
• Real-time budgeting and financial forecasting

Pricing

WorkDay Adaptive Planning’s pricing plans are based on requests and business needs. To get a quote, you can visit their official website here.

6. Bill4Time

When it comes to the best and easiest time and expense tracking desktop apps for Windows, Bill4Time is a must-have tool you can think of. Whether you have access to the internet or not, this app offers you an effective desktop solution to keep a tab on how your time and money are being spent. Most interestingly, your data are saved when you’re offline and synced immediately you’re back online.

What We Like About Bill4Time

• Offline time tracking
• Effective expense tracking
• Stop and continue timer. This enables you to pause your timer for as long as you like and then get back to it later

Pricing

Bill4Time pricing starts at $27.00 per user per month (billed annually).

7. Frazer

For people in the used car dealership, this is the right accounting software for staying up to date with your dealership accounting and inventory management. Some of the features you can get with Frazer include sales tracking, inventory management, tax calculation, form management, etc. There are lots of benefits for account teams using this car dealership management solution including vehicle cost and payment tracking, bank statements reconciliation, income statement, and balance sheet generation, among others.

What We Like About Frazer

• Integration with other apps like QuickBooks, AutoCheck, Carfax, etc.
• Ease of use
• Excellent customer support

Pricing

To get started with Frazer, the pricing starts at $60.00 per feature per month.

8. Brightpearl

Brightpearl is an all-inclusive retail management solution designed for automating and integrating all the purchase operations of retailers and wholesalers in one centralized place. From financial reports generation to inventory allocation and from accounting to invoicing and purchasing, the tool will help you streamline all the most important post-purchase operations so you can improve your productivity.

What We Like About Brightpearl

• Feature-rich for retail and wholesale business. This means you don’t have to pay an extra fee for any irrelevant functionality.
• 24/7 customer support
• Scalable to meet your business growth

Pricing

Brightpearl offers scalable pricing plans that reflect the needs of your business. Get a quote here to get started using the app for your business.

Wrapping Up On Best Accounting Software For Windows

There you have our hand-picked lists of the best accounting software for Windows. Go ahead and make a decision as to the one that offers the best features for your business. And let’s hear about your experience with them.