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Discover our comparison of the best accounting software for nonprofits, their highlights, strengths, and weaknesses.
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Consultants and independents rely on accounting software to ensure compliance and run their daily operations smoothly. So much so that these programs have become an essential component of their profitability and efficiency. But it can be hard to choose the best solution to keep your records up to date and track revenue.
This comparison will help you choose the accounting software that best suits your needs. Discover our picks for the best accounting solutions dedicated to consultants and freelancers.
Are you ready to find the best accounting software for consultants? Keep reading to get a sense of what the right bookkeeping software can do for you!
Accounting is vital to any business, even smaller ones. While some consultants may think they don’t need one, or that their limited company resources forbid them from enjoying the benefits of such solutions, they could not be more wrong.
No matter the size of your company or its business sectors, compliance and efficiency is key. Keeping clean records and filing correct tax returns are essential tasks but can be very time-consuming. To allow you to focus on running your business, accounting software exists and has become a very popular option for small businesses.
Accounting systems allow you to enjoy the benefits of tax automation, meaning doing your taxes will be easier than ever!
These can help you:
The features provided by these handy solutions allow you to:
Moreover, additional features can be supported via add-ons or third-party app support. Payroll management is one of the most common add-ons, but specific features can be included, such as advanced analytics and forecasts, time-tracking and more.
FreshBooks is a solution for self-employed business owners with all the tools to stay in control of their accounting. This simple yet powerful accounting software for small businesses allows you to reduce payment delays and streamline your processes without a steep learning curve.
All prices can be discounted by 60% for the first 6 months. Discounts are also available if you subscribe for 1 year. A free 30-day trial period is available. A custom plan is also available for more complex businesses, with advanced features and dedicated support.
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Kashoo is a cloud accounting software solution developed for small businesses and sole traders. This online solution provides flexible options for even the smallest businesses and individual consultants with its Trulysmall brand. Invoice clients for free and upgrade to a full-fledged accounting solution whenever you need!
All versions offer a 14-day trial. Trulysmall also offers free invoice templates if you don’t need a software solution just yet.
Wave Accounting is a reliable solution that is easy to understand and works hand-in-hand with you, every step of the way. This free accounting software provides you with a straightforward way to manage the finances of your business.
Before narrowing things down, you should know that there are two main types of software:
Cloud accounting software has been on the rise since the advent of the Internet and mobile. This type of solution is hosted remotely and is accessed online: in other words, it is available on all devices with an internet connexion.
This characteristic makes it more mobile and allows for your accountant to access your data securely or for your team to work on the go.
It is also more flexible. The vendor is the one in charge of maintenance, updates and ensures customer support, which means IT costs are greatly reduced. The SaaS model consists in a month-by-month subscription service instead of a one-time payment.
This allows you to add or remove features from the package easily as your needs change by simply changing your subscription plan, as well as accessing dedicated customer service and support. These cost-savings and flexibility are what make SaaS accounting software extremely popular with growing small businesses such as start-ups… or successful consultants.
![]() FreshBooks | ![]() Kashoo Online Accounting | ![]() Wave Accounting |
For all companies | For companies with 1 to 50 employees | For companies with 1 to 250 employees |
Learn more about FreshBooks | Learn more about Kashoo Online Accounting | Learn more about Wave Accounting |
This overview should help you define your needs and compare the best options available to consultants and freelance workers. If you need an even wider pool of solutions, feel free to browse our directory full of the best accounting software!
Be sure to ready your company for its digital transformation and stay on top of your accounting processes with these helpful tools. Online accounting software is just what you need to stay compliant and file corporate tax easily.
Did you find your next accounting solution in this article? How has your experience been with accounting software? Feel free to share your thoughts below!