18 Best Accounting Software For The Self-Employed Reviewed In 2025

I clicked “edit dashboard” and was given the means to deselect reports I didn’t want to appear on the dashboard. Unfortunately, I was not able to add reports that I wanted to see there. Overall, the dashboard seemed very basic compared to some competitors. Signing sole trader accounting up for the free trial required I simply provide my name and email, then retrieve a code from my email address to verify my identity. From there, I was asked a few questions about my business, such as the types of services I offer and how big my team is.

The Best Personal Finance and Budgeting Apps for 2025

• Beyond just managing finances, OneUp offers freelancers and independent store owners tools to handle taxes, legal paperwork, shipping, CRM, analytics, and inventory under one umbrella.
• Small business accounting solutions share a core group of features, no matter their price.
• Frankly, if you do make less than $50,000 a year, we can’t recommend Zoho Books highly enough.
• The good news is you can quickly move up to the more robust version, Sage Accounting, anytime.
• Direct File is different from the IRS Free File program, which is a partnership between the IRS and trusted commercial software partners.
• Zoho Invoice is completely free for life, so whether you end up trying Zoho Books or not, we definitely recommend giving Zoho Invoice a look.

With accounting software, they can easily monitor their cash flow, understand their financial position, and make informed decisions. When choosing an accounting software solution, it’s important to consider your needs and budget. Consider features such as invoicing, expense tracking, and financial reporting when making your decision. With the right accounting software, you can save time and money, and keep your business finances organized and secure. According to user reviews and ratings, wave is a highly recommended accounting software for sole proprietors.

Kashoo: Easiest setup

Most of our top accounting software picks include a free trial, so don’t be shy about trying a few different brands if you don’t hit on your favorite right away. But while FreshBooks doesn’t limit your invoices, it does limit the number of customers you can bill each month. You can send your customers an unlimited amount of invoices, but the cheapest plan limits that client number to just five.

• When determining the best accounting software for your business, it’s important to consider support, security and integration with your current applications, as well as cost and features.
• The gist of it is that Fiverr Workspace is a one-stop shop for everything freelancing and is a great tool for growing businesses.
• You can view all your outstanding bill payments from Xero’s dashboard and schedule payments with one click.
• A. As a sole proprietor or freelancer, having the right accounting software for your business needs is critical.
• To help you decide which accounting platform might best serve you as a sole proprietor, we tested several dozen leading services.
• We had an easier time generating custom invoices — both manually and automatically — in FreshBooks than in any other platform.

Pros And Cons Of Each Accounting Software Solution

If this sounds like you, we recommend Zoho Books for state-of-the-art Legal E-Billing accounting tools that far outperform other free platforms. ZipBooks is a user-friendly accounting software that is perfect for self-employed individuals. This software helps freelancers manage their finances without feeling overwhelmed. Sage Business Cloud Accounting is a solid choice for self-employed individuals. This software is designed to handle both products and services, making it versatile for various business needs.

Intuit QuickBooks: Best Accounting Software for Small and Midsize Businesses

NetSuite’s pricing is custom, so you’ll need to speak with a sales team member for a quote. To add to the software’s ease of use, templates make setting up automations intuitive. Eight small business accounting applications scored high enough to make this list. Solopreneur ($20 per month) targets retained earnings sole proprietors like freelancers and independent contractors, while the more advanced Wave Pro ($16 per month) can handle a very small business with employees.