6 Best Accounting Software for Large Businesses (2024)

Upfront Conclusion

The best accounting software for large businesses right now is Netsuite and Freshbooks.

Every manager or business knows the intricacies of not properly managing his or her finance reserves – the impact can be devastating to your businesses. However, while there is a need for you to manage your finances properly, accounting software is the most effective option for managers and business owners who may not be accountants. That said, you may find it a little bit difficult to choose the best accounting software for your large business as there is a difference between accounting software best suited for small businesses and those for large businesses.

Using accounting software for smaller businesses for your large business can lead to the problem of ineffective management, etc., which can be disastrous for your business. Hence, to help you make the right decision in selecting the best accounting software for your large business, we have compiled this list of the best accounting software for large businesses. Let’s look at them!

Top Best 6 Accounting Software for Large Businesses

There is a large army of accounting software purported to be okay for large businesses, and deciding which is best for you and your large business can be very confusing. However, if you do want the best options, you can choose from these top 6 accounting software for large businesses.

Netsuite – best ERP cloud accounting software for large businesses.
Freshbooks – best double-entry features for large businesses.
Sage Intacct – the overall best accounting software for large businesses.
QuickBooks Enterprise – the best multi-features accounting software for large businesses.
Xero – accounting software for large businesses with the best customer support.
Avaza – top user-friendly accounting software for large businesses.

1. Netsuite – Best Cloud ERP Accounting for Large Business

Founded in 1998 with its roots in California, Netsuite is one of the best accounting software for large businesses from our research. It offers options ranging from business accounting to ERP and CRM. Netsuite is good for businesses, including e-commerce businesses.

As the best Emcloud ERP accounting you can come across, its main aim is to make your business processes as efficient and effective as possible.

Pricing

Netsuite’s pricing starts at $499 per month though you have to request the pricing as it fits your business and the features you want.

It also offers you a product tour -demo.

Features

You will get excellent full automation of your front and back financial processes.
It comes along with revenue management, fixed asset accounting, etc.
Include inventory tracking for your stock.
Enables all your employees to have access to the key performance indicators and reports. You can easily set who has access to this information.
It lets you track accounts payable and accounts receivable.
It also facilitates bank account reconciliation for your business transactions.

Why Do We Recommend Netsuite as One of the Best Accounting Software for Large Businesses?

We recommend you Netsuite accounting software because it is the top enterprise resource management (ERP) for cloud accounting software for large business. You will get access to multiple ERP features, including financial planning, financial reporting, billing, the global accounting and tax consolidation, revenue recognition, etc., for your large business.

Try Netsuite

2. Freshbooks – The Best Double-entry for Large Businesses

This is another popular cloud-based accounting software that made this list of the best accounting software for large businesses that will give you the best offer for a large business’s bookkeeping needs. It is nice for your double-entry bookkeeping, business data analysis and helps you give excellent reporting.

Pricing

Freshbooks pricing begins with $4.50 and $108 for the monthly and yearly free of the Lite plan. Other pricing plans are;

Plus plan: $7.50 per month and $180 per year.

Premium plan: $15 per month and $360 per year.

It also offers 30 days free trial.

We recommend the premium plan as it is the plan that best fits large businesses, offers a lot more features, and is affordable and a good value for your money.

Features

It gives you all the advantages of double-entry bookkeeping, and you can also track your expenses, payments, stock, etc.
You will have the help of award-winning customer support at your fingertips.
It also integrates with most of the market and industry apps.
You can easily customize your Freshbooks experience starting from interface to invoices, receipts, and estimates.
It enables automatic billing and faster online payments.
Provides recurring invoices to your most loyal customers and takes the stress away from you.
Schedule payments and reconcile late payments with your books.

Why Do We Recommend Freshbooks as One of the Best Accounting Software for Large Businesses?

We recommend Freshbook because it is one of the best options for accurate large business bookkeeping that will give you an excellent view of how your business is performing, its revenue and expenses, etc. Hence, Freshbook is loved by over 24 million users.

Try Freshbooks

3. Sage Intacct – Overall Best Accounting Software for Large Businesses

Sage Intacct turns out to be the overall best accounting software for large businesses from our research. It is one of the first cloud-based accounting software, and it offers a range of features for large businesses to help them through their finances and accounting problems.

Sage Intacct also has one of the best customers and technical support you will come across in the industry.

Pricing

You can schedule a product demo, and Sage Intacct is based on the features and products you want. Following this, the Sage Intacct support team will provide custom pricing for you.

Features

Sage Intacct offers you expense management so you can easily manage as well as track all expenses.
It also helps you with inventory as you will keep track of all your stock.
It lets you track your account payable and account receivable.
It also enables easier bank reconciliation and tracks all transactions to their expenses.
It is also good for your vendor management, cash management, tax and sales tax management.
Generally good for your fund accounting and general ledger accounting.
Inculcates multi-currency accounting for multi-country sales your large business may make.

Why Do We Recommend Sage Intacct as the Best Accounting Software for Large Businesses?

There are so many reasons why we recommend you Sage Intacct accounting. Aside from being a great option for cloud-based accounting. It is also an all-in-one for combining Multiple customizable features with integrations with other cloud-based services and excellent customer support that will amplify your business efforts.

What’s more? Though Sage Intacct pricing is based on a quote, you will like it for your large business as it is generally affordable.

Try Sage Intacct

4. Quickbooks Enterprise – The Best Multi-Features Accounting Software for Large Businesses

QuickBooks is one of the best packages developed by the QuickBooks packages mainly for businesses that have overgrown the other QuickBooks online packages built for small businesses. As one of the best accounting software for large businesses, it offers robust business solutions for your large business, ranging from purchases to inventory, payments, payroll, etc.

Pricing

You can either go for QuickBooks Enterprise remote package or the desktop package. In any of the cases, you can use its online quote maker to get the pricing for the Gold plan, Platinum, and Diamond plan. Pricing is based on the number of users.

It offers you a 30-day free trial and a product tour.

Features

It is a highly mobile phone compatible with barcode scanning.
It can serve as your online file management system.
Includes automatic inventory calculation and multi-location tracking.
It enables quantity discounts, billing, and mobile payments.
You can easily send purchasing orders, journal entries, and report finances.
Excellent payroll accounting
It includes location and serial number tracking.
You will find it very easy to set up.

Why Do We Recommend QuickBooks Enterprise as One of the Best Accounting Software for Large Businesses?

QuickBooks Enterprise is one of the best accounting software for large businesses because of the features it offers. You will have access to a wide range of features starting from payment features to payroll, inventory, filing system, business management, and even mobile phone compatibility.

If you are looking for the right accounting software that will give you access to a wide right of options, then QuickBooks enterprise is the right stop for you.

5. Xero – Best Customer Support Accounting Software for Large Business

Though Xero is mainly built for small and medium-sized businesses, it can be adopted to suit larger businesses and is one of the base accounting software for large businesses. It offers a range of features for many users.

Xero offers you great uptime, tools, and resources that help your business thrive for your large business.

Pricing

Xero offers three pricing plans;

Starter plan with an entry price of $20 per month.

The standard plan; $30 per month.

Premium plan: $40 per month.

Zero also offers you a 30 days free trial.

We recommend the premium plan as it the best plan to keep track of your finances as a larger business. It is also a good value for your money.

Features

It offers a top currency conversion feature and enables multi-currency accounting for your large business.
Xero integrates with lots of online payment platforms to give your business the best of faster payment.
It also lets you schedule and track payments.
You can also simply create and manage estimates and invoices. You can turn your estimate into an invoice with just one click.
Xero can be used as your online file management system.
It automates your tax and sales tax calculation easier.

Why Do We Recommend Xero as One of the Best Accounting Software for Large Businesses?

We recommend you Zero because of its top customer support coupled with the lots of resources, connections, and tools it offers large business. It is top of the game when it comes to currency conversion, and these could help your large business gain more customers and make more sales, etc.

6. Avaza– Best User-friendly Accounting Software for Large Businesses

This is a cloud-based business management solution for large businesses. From our research, it is one of the best accounting software for large businesses. Its features include resource scheduling, project management, coupled with an easy-to-use interface that lets you effectively track your performance.

What’s more? With Avaza, your team will find it easy to collaborate with other teams of other businesses on different projects.

Pricing

Its basic entry price is for free, and you can upgrade when you want. other pricing plans are

Startup plan: $9.95 per month

Basic plan: $19.95 per month

Business plan: $ 39.95 per month.

As a large business, we recommend the business plan as that would be the best plan for your size. It is also a good value for your money.

Features

It gives you flexible project budgeting and billing methods as well as manages funds allocated to one project.
You can simply convert emails to tasks.
Enables direct communication with your employees.
It provides real-time tracking of projects and goals. You can also easily scan and convert your physical receipts to digital ones.
You can also convert your estimates to invoices.
Enables faster online payment.
Avaza offers integrations with many other apps and software such as Xero, Slack, Dropbox, Evernote, etc.

Why Do We Recommend Avaza as One of the Best Accounting Software for Large Businesses?

We recommend Avaza because of its easy-to-use, user-friendly interface, which has made it popular among so many large businesses. It also offers a wide range of features and over 500 integrations. So why won’t you love it?

Avaza also allows you to use its free version till you would want an upgrade with added features.

Last Tip

Even though there are many apps in the industry that so many people are using for their accounting and financial management, not every one of these software is the right option for you as you have to be at the top of your game in managing your large business.

Hence, we have compiled this list of the best accounting software for large businesses to help you make this choice. Starting from the overall best – Sage Intacct to Freshbooks, which is the best in double-entry bookkeeping for large businesses. This list is made up of the best software to manage your books effectively, track your projects, time, inventory, etc.

Our last tip to you as a large business owner or manager is that in choosing the right option to match you and your business, you should select consider your budget, size of employees, and software features. This will maximize how the software will perfectly fit you and make its features work in sync with your workflow.