Top 10 Accounting Software For Business In Canada

Accounting software today like quickbooks online is a more remarkable change to any business because of its remote function to business owners. It makes the work easier for them to keep the records, unlike putting inside boxes or piles of archive record transactions.

However, when using cloud accounting software, you must ask an accountant or bookkeeper to guide you to access the software because there are different features and usage.

Remember that you still have to hire an accountant to file your corporate taxes and perform bookkeeping. Canadian business owners use cloud software to save time and focus more on business.

 

By incorporating a virtual assistant for CPA, businesses can maximize the benefits of QuickBooks Online, ensuring that financial tasks are handled efficiently and accurately.

 

Stealth Agents can further support your efforts with their expert accounting virtual assistants, ensuring your business accountability while you focus on other important business goals.

Our expert and business-oriented team is ready for free discussion and consultation to help you.

Grab a spot now and we will discuss your preference and virtual assistant pricing!

For this reason, choose your accounting software to provide you with the best performance, usage, and features. Therefore, we listed the accounting software for businesses in Canada.

 

 

What is Accounting Software?

Accounting software is a tool that helps businesses manage their financial activities. It keeps track of income, expenses, and other financial transactions.

 

 

This software can generate reports that show how a business is doing financially. Businesses use it to create invoices and pay bills more easily.

 

 

It also helps in preparing tax returns by organizing financial data. With accounting software, businesses can save time and reduce errors in their financial records.

 

 

Overall, it provides a clear view of a company’s financial health, helping in better decision-making.

 

 

Accounting software for business in Canada

These are the list of accounting software in Canada.

FreshBooks

Best fits for business owners who have little experience in accounting. It is easier with powerful features and valuable functions at a reasonable price, according to Mike Mcderment, the owner of the accounting software. Freshbooks are built for lawyers, marketing agencies, plumbers, interior decorators, IT professionals, therapists, architects, and web professionals. They are types of entrepreneurs who value customers by applying time and expertise to other people’s problems. Therefore if you are running a restaurant or complex business, this is not for you. 

 

Website:

Price:

Get 50% Off for 4 Months. See more offer details

 

G2 reviews:

 

4.5/ 5 stars of 653 reviews

QuickBooks Desktop Enterprise

 

Website:

https://quickbooks.intuit.com/

 

Price

They have a free trial for 30 days. View their plans and pricing

 

G2 reviews

4.2/ 5 stars of 762 reviews

 

Xero

Accounting software in Canada is best for businesses that need to manage their stock—moreover designed also for various industries, especially companies that spend a lot of time tracking their money, inventories, and assets. Furthermore, the feature automatically updates your item quantity when you create an invoice or a bill. You can access the accounting software through mobile phones available on android and IOS. Also, Xero offers a lower plan price for small businesses starting at $17 per month, suitable for sole traders, new companies, and the self-employed. 

 

Website:

https://www.xero.com/ca/

 

Price:

Free trial for 30 days. The most popular plan is standard for $42 per month.

 

G2 reviews

4.4/ 5 stars of 497 reviews

 

Wave Accounting

This cloud accounting software is tailored for small businesses and freelancers in Canada. It offers a competitive edge with its free basic features, which other platforms often charge for, and its robust double-entry accounting system. It’s ideal for those new to accounting and bookkeeping, as it simplifies processes like invoice creation and enables direct customer payments through its integrated payment processing system. One of its standout features is the ability to connect unlimited bank and credit card accounts, making financial management seamless. Additionally, it supports multiple businesses under one account, streamlining operations for users managing various ventures. The software boasts a user-friendly interface, ensuring even those with minimal technical skills can navigate it easily. Furthermore, it provides excellent customer support, offering assistance through chat, email, and phone to quickly resolve any issues, enhancing the overall user experience.

 

Website:

https://www.waveapps.com/

 

Price:

Take a tour and pick a monthly plan

 

G2 reviews

4.4/ 5 stars of 270 reviews

 

OnPay

OnPay accounting software in Canada, recognized by Forbes as a top payroll service, is a versatile tool for diverse businesses such as farms, dentists, restaurants, healthcare providers, gyms, franchises, nonprofits, accountants, and medium-sized enterprises. Its standout features include faster payroll processing, unlimited payroll runs, and adjustable frequency, catering to the specific needs of each business type. With its exceptional employee versions, businesses can effortlessly manage their workforce. The software boasts a user-friendly interface, making it accessible to users with varying levels of technical expertise. Additionally, OnPay provides robust customer support, offering assistance via multiple channels such as chat, email, and phone, ensuring that any issues are promptly addressed. This comprehensive support enhances the overall experience for businesses looking to streamline their payroll and accounting operations.

 

Website:

https://onpay.com/

 

Price:

Take a tour and choose your pricing for a month 

 

G2 reviews

4.8/ 5 stars of 217 reviews

 

Vyapar

This software is possibly one of the best accounting software and  if you want simple and easy GST Billing Software. Moreover, accounting software in Canada for small business tracks unpaid invoices and send payment. Also, remind and collect payments directly online using UPI payment. Allows the owner to use desktop and mobile phones; even a user without accounting experience can easily use this software. Lastly,  track complete inventory quantity and stock value with information on parameters, including expiry dates, batch numbers, and slot numbers.

 

Website:

https://vyaparapp.in/

 

Price:

Choose your monthly plan.

 

G2 reviews

4.6/ 5 stars of 24 reviews

 

Sage 50 cloud accounting

 

Typical business owners like freelancers, small businesses, and mid-size companies use this accounting software. They were also connected to work and collaborate with Word, Excel, PowerPoint, and Outlook applications. Furthermore, an owner can benefit from an add-on stock and inventory management solution. Then, business products update stock levels automatically and control assets through stock valuations and audits. 

 

Website:

https://www.sage.com/en-ca/

 

Price:

They have a free trial. Choose your monthly or yearly subscription plan.

 

G2 reviews

3.8/ 5 stars of 125 reviews

 

Kashoo

Choose this accounting software if you don’t want the help of a professional. Also, it is user-friendly and designed for freelancers, solo entrepreneurs, and contractors. Accounting software in Canada supports multiple currencies, invoicing clients with currency into dollars, pounds, euros, and so on. Thus, a user with an Android phone can’t access, only an IOS application, but it has good income and expense management.

 

Website:

https://kashoo.com

 

Price:

Please take a tour of their site. Choose your monthly subscription

 

G2 reviews

4.6/ 5 stars of 53 reviews

 

Acumatica Cloud ERP

Cloud accounting software in Canada offers robust centralized security, ensuring that critical business information and records remain protected. It precisely controls who can access screens, reports, data records, and fields, whether on a computer or mobile device, providing peace of mind for business owners. This software is designed to cater to small businesses, mid-size companies, and large enterprises, making it versatile across various industries. Its advanced security features may include encryption, multi-factor authentication, and regular security audits, safeguarding sensitive data against unauthorized access. Additionally, the software features a user-friendly interface, which allows easy navigation for users with different levels of technical expertise. To further enhance user experience, it provides comprehensive customer support through multiple channels, such as live chat, email, and phone, ensuring that any security concerns or technical issues are swiftly addressed.

 

 Website:

https://www.acumatica.com/

 

Price:

Sign up first to get the custom price

 

G2 reviews

4.4/ 5 stars of 619 reviews

 

Blackline

Having a business with a massive number of employees and you need accounting software in Canada that can manage multiple accounting transactions, then this is the best choice for you. Furthermore, the features of this accounting software include standardized templates, a workflow for review and approval, and links to policies and procedures. On top of it, this cloud accounting software is a SaaS or Software-as-a-Service, which modernizes the way financing and accounting operate today.

 

Website:

https://investors.blackline.com/

 

Price:

Price is not provided. Contact them through their sales inquiries

 

G2 reviews

4.5 /5 stars of 677 reviews

Takeaways

Accounting virtual assistant software is a great help for business owners, whether it’s free accounting software to use remotely when they are away or software that allows them to easily access information or records through their clients.

 

Even if your clients are from the US, you can hire a virtual assistant based in the US. 

However, nothing is more efficient than a skilled accountant. Therefore hassle-free and accurate bookkeeping service is an excellent benefit to both owners and their accountants who also use small business accounting software.

Furthermore as a start-up business owner, you need to expand your knowledge in marketing here are the essential marketing books for preferences.

 

Here are also Canadian entrepreneurs that you might want to check and get inspired by their stories.