As of my last update in January 2022, some common accounting software widely used by businesses include:
1. QuickBooks:
Developed by Intuit, QuickBooks is one of the most popular accounting software
suites for small and medium-sized businesses. It offers various versions
tailored to different business needs, including QuickBooks Online, QuickBooks
Desktop, and QuickBooks Self-Employed.
2. Xero: Xero is a
cloud-based accounting software designed for small businesses. It offers
features such as invoicing, bank reconciliation, expense tracking, and more.
Xero is known for its user-friendly interface and accessibility from anywhere
with an internet connection.
3. FreshBooks:
FreshBooks is primarily aimed at small service-based businesses and
freelancers. It offers features such as invoicing, expense tracking, time
tracking, and project management. FreshBooks is known for its intuitive
interface and strong customer support.
4. Sage Intacct: Sage
Intacct is a cloud-based accounting software designed for medium to large
businesses. It offers robust financial management features, including core
accounting, budgeting, forecasting, and reporting. Sage Intacct is known for
its scalability and advanced functionality.
5. Wave: Wave is a free
accounting software targeted at freelancers, consultants, and small businesses.
It offers features such as invoicing, accounting, and receipt scanning. Wave is
known for its affordability and simplicity, making it a popular choice for
startups and sole proprietors.
These are just a few
examples, and there are many other accounting software options available, each
with its own features and pricing structures to cater to different business
needs. It's essential to evaluate your specific requirements and budget when
choosing the right accounting software for your business.