The Best Freelance Accounting Software

Our Accountants Pick the Best Freelance Accounting Software

As a freelancer, you have to wear many hats. However, your primary goal is to establish and grow your business. You undoubtedly appreciate software that can help you minimize the amount of time you spend working on mundane or repetitive tasks. In turn, this allows you to focus more of your energy on making your business a success. Accounting software for freelance workers and independent contractors can help you automate things like logging expenses, keeping track of receipts, sending invoices, and tax preparations. The right software prevents bookkeeping from becoming a time-consuming chore and takes a lot of the hassle of annual tax preparation.

The Best Freelance Accounting Software Chosen by Accountants

The Best Freelance Accounting Software QuickBooks Self-Employed

QuickBooks Self-Employed is a great freelance accounting software option for you if you do your taxes on your own using software like TurboTax. Both TurboTax and QuickBooks are products offered by Intuit, and they are integrated. QuickBooks is mobile-friendly, allowing you to monitor invoices, record expenses, and track mileage on the go.

If you are using TurboTax, QuickBooks allows you to transfer data to TurboTax automatically, which saves you time.

Even if you hire someone to prepare your taxes for you, QuickBooks Self-Employed does a great job of tracking expenses and tax payments. It can be connected to your bank account, credit accounts, and business accounts. QuickBooks automatically calculates how much you owe in federal taxes each quarter if you work in the US. This way, you don’t underpay or overpay. QuickBooks is a top pick for freelance accounting software. Our QuickBooks bookkeepers use it every day to assist businesses ranging from small- to midsize.

Read about Working with QuickBooks Bookkeepers

The Best Freelance Accounting Software FreshBooks

FreshBooks is another popular freelance accounting software. It started as a time tracking and invoicing software for self-employed people. The software has grown and is now a powerful accounting tool for freelancers, small and medium-sized businesses, and larger corporations.

With FreshBooks, you can create and track invoices, monitor your expenses, collect payments from clients, and take care of standard billing and tax planning tasks to keep your freelance business functioning as it should. FreshBooks has a vibrant customer service system. Your questions about the software are answered in a quick, timely way. FreshBooks offers other products to help you grow your business and make the best financial decisions possible.

The Best Freelance Accounting Software Xero

Integrating with Xero is the best freelance accounting software for you if you need something customizable and scalable. Most freelancers are lucky if they have even a handful of regular clients. However, as the business grows, they get bank accounts, track different expenses, and make custom documents for their clients.

Xero has been created to grow as your business grows. You can connect the software to your bank and can manage all of your finances. If you hire team members and need to address payroll, Xero can be upgraded to address these issues.

Explore Xero Accounting Help

What Should You Expect from Accounting Software for Freelance Workers?

There is more accounting software for freelance workers today than ever before. You should expect your accounting software to be simple to use. Its interface should be user-friendly. It would help if you did not have to watch hours of tutorials to make the app work well with your business. The ideal accounting software for small business owners should only offer the tools you are going to need. These include tracking payments, logging deductible expenses, invoicing, tax prep, and bookkeeping.

When you look for accounting software for freelance workers, you may want to look for something designed for beginners. Like most freelancers, you don’t have the time or the energy to become a tax expert before using an app. Finally, the app should make it possible for you to digitize receipts. Everything in modern society is mobile and digitized, which means that you want your app to allow you to record expenses via your cell phone, email, or a scanner.

Spend More Time Growing Your Business

Your time is precious. Your business benefits when you have accounting software suitable for freelancers that is simple, affordable and grows with you. We work with accounting software every day, and we can help you identify and learn to use the software that is right for your business. As you may know, there are tax deductions for business expenses you may qualify for as a freelance worker. To save money and time, our entertainment industry accountants can help implement the right accounting software, as well as streamline your accounting and tax planning.

We can help you choose and implement accounting software

Learn more about the services we offer and how we can help your business reach new heights by scheduling a discovery call today.

Schedule a Discovery Call


This blog article is not intended to be the rendering of legal, accounting, tax advice or other professional services. Articles are based on current or proposed tax rules at the time they are written and older posts are not updated for tax rule changes. We expressly disclaim all liability in regard to actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided on this website is not all-inclusive and such information should not be relied upon as being all-inclusive.