The paid plan costs $19.99 per month, and it comes with three additional features – cash flow insights and alerts, auto-categorizing expenses, and payment integrations. Wave Accounting is also great for bank transactions as it integrates with bank accounts and can accept credit card payments as well as online bank transfers to your business. You can also manage paying outside contractors, and send and manage receipts. While having some accounting knowledge can be beneficial, most accounting software for Mac is designed to be user-friendly, even for those without a background in accounting.

Zoho Books: Best iOS app

Plus, Zoho Books integrates with over 80 business applications, so you can use the software to manage your entire business, not just your finances. Users who choose annual payment instead of monthly receive a discount on the mentioned prices. The cost is slightly higher for American Express (3.4% plus 60 cents per transaction). If you’re not familiar with what is cloud accounting and how’s it different from regular accounting, we’ve got you covered. Sage is primarily an Enterprise accounting solution and one of the most widely used by accountants on both Mac and PC. However, Intuit has discontinued the desktop version of QuickBooks for Mac meaning it can only be used via the Cloud nowadays.

The software has integrated B2B payment processing, paperless invoicing, and purchase order automation. Businesses are able to track and review their transactions more effectively while also paying suppliers more quickly. The downside of this app is the fact that it is more expensive than other accounting software on the market.

Best Accounting Software for Mac Summary

However, Xero stands out as it allows unlimited users at every subscription tier. In addition, you can set up different permissions for each user, so employees have access only to what’s relevant to their job. For small business owners who need to be able to do accounting on the go, Freshbooks provides a mobile app for iPhone and Android mobile devices. The app can be used to tackle general accounting tasks and also respond to clients’ questions. Last but not least, Freshbooks mobile app notifies you when clients view or pay invoices or when invoices are overdue. Some of the highlights of QuickBooks Online include automatic downloading of bank transactions, automatic scheduling of invoices, one click sales and tax reports and multi-user access.

However, there are still ways to run Tally on a Mac if you really need it. We’d say Sage is easily one of the best scalable accounting solutions for for Mac users and if you’re expecting your business to grow rapidly, it a great option. Some of the features of Zoho Books include automatic invoicing, expense reconciling, estimates, detailed reports and project workflow management. If you’re looking for a small business accounting solution that’s easy enough for beginners to accounting, check out FreshBooks. AccountEdge is a powerful and easy-to-use desktop accounting software for small businesses on Mac or Windows. Features include automated invoicing, bank transaction reconciliation, and real-time financial data updates.

Why Trust Our Software Reviews

• While it’s fairly simple accounting software, it’s fully encrypted and allows for unlimited users without charging you extra.
• QuickBooks also offers add-ons in the form of QuickBooks Payroll which allows you to pay employees with free direct debit transfers directly from the application.
• Xero excels in core accounting features such as inventory, project accounting, A/P and A/R management, and reporting.

A Mac accounting software that takes advantage of Mac-specific features will tend to have more success. This includes retina display optimization, the ability to connect via mobile applications on iPhone or iPad, and backup data in Dropbox. Mac accounting software helps track your small business income and expenses through a locally run program on your Mac operating system. MarginEdge is a cloud-based accounting software that’s specifically designed for restaurants.

The software also offers customizable invoicing and detailed financial reporting. Kashoo is a simple accounting solution designed for small business owners and accountants. Kashoo is best for automated income and best accounting software for mac expense tracking because it connects directly to your bank, categorizes transactions, and updates your financial records automatically. I chose QuickBooks Online for Mac because it offers a robust set of features that cater to the diverse financial management needs of businesses.

Kashoo starts saving you time at setup, which shouldn’t take longer than a few minutes. The software instantly starts learning your vendors, automatically sorting expenses, and generating a contact list to minimize the time you have to spend manually importing data. Taking a look at popular third-party review websites, we researched reviews from real users to gauge their opinion of each software provider. These sites included Trustpilot, G2 and Capterra and we based our ratings by looking at the number of highly rated reviews―those that were 3.5 or higher of 5―each provider received. There are a number of reasons your small business may choose Mac devices over PCs. Macs are easy to set up and manage, even if you don’t have an information technology (IT) department.

This plan supports up to five users and includes budgeting and inventory management features. I chose Kashoo for this list because it offers a straightforward, automated approach to accounting that is ideal for small business owners who need to save time. Its ability to connect directly to bank accounts and automate transaction categorization sets it apart from other accounting software for Mac. I believe Kashoo is best for automated income and expense tracking due to its robust automation features that minimize manual data entry. GnuCash includes essential accounting features like A/P and A/R management, banking, cash management, and reporting.

How I Evaluated the Best Accounting Software for Mac

While some software offers free plans or plans that start from less than £10 a month. Highly specialised accounting software, such as MarginEdge, however, can cost hundreds a month. Then, we looked at optional or unique features that we thought accountants and bookkeepers might find useful if included as part of any software plan or included as an add-on. The additional features included multicurrency support, document management, invoicing, bill payment and some form of training.

Many Apple users want to be able to use their accounting software on their Macbook, iPad and iPhone. Fortunately, there are many accounting software platforms that offer apps for Mac and iOS devices. If you work remotely and need a program that’s easy to use and has great features, like class and location tracking, then choose QuickBooks Online.