Accounting software today 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.
Stealth Agentscan further support your efforts with their expert accounting virtual assistants, ensuring your business accountability while you focus on other important business goals.
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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.
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:
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G2 reviews:
4.5/ 5 stars of 653 reviews
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QuickBooks Desktop Enterprise
This accounting software has unique features, tools, and reports for specific industries such as contracting, manufacturing & wholesale, nonprofit, retail, professional services, and accounting professionals. This cloud accounting software in Canada has an advanced inventory feature that can perfectly track inventory; you will scan the barcodes, and the accounting software will do the work.
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
Suitable only for small businesses and freelancers. This cloud accounting software in Canada is competitive because of its free basic features with other platform charges and double-entry accounting software. Moreover, this is easier for you if you are unfamiliar with accounting and bookkeeping. Hence, it enables a user to create an invoice and let your customers pay you directly from their invoice because this cloud accounting software has its payment processing system. The feature includes unlimited bank and credit card connections. Lastly, it stores multiple businesses in one account.
Website:
https://www.waveapps.com/
Price:
Take a tour and pick a monthly plan
G2 reviews
4.4/ 5 stars of 270 reviews
OnPay
Did you know Forbes awarded OnPay accounting software in Canada as a top payroll service? Thus, it is best for businesses, namely farms and agriculture, dentists, restaurants, bars, doctors and healthcare, gyms and fitness club, franchise, and chains, nonprofit organizations, accountants, and medium-sized businesses. The advantage feature of this accounting software in Canada includes faster and capable payroll processing, unlimited payrolls, adjustable frequency, and exceptional employee versions.
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 the best option 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
The information of business and records are essential, so you need tight security for your business. A type of cloud accounting software in Canada has centralized security. Hence, it controls who can access the screen, reports, data records, and fields through a computer or mobile access. Moreover, this is suited for business owners in small businesses, mid-size companies, and large enterprises.
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 to use remotely when they are away, and it can also 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.
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.