5+ Best Accounting Software for Bakeries and Bakers

Image of author Nick Cotter
Newfoundr
accounting software for bakers
March 13, 2023
-
10
min read

Running a bakery may seem like a simple task, but the truth is, it takes a lot of organization and paperwork to make sure everything goes smoothly. Keeping track of payments, expenses, inventory and more can quickly become overwhelming for bakers. To help simplify this process, there are a range of accounting software programs available specifically tailored for the unique needs of bakeries and bakers. This article introduces five of the best accounting software programs on the market today that will help you get organized, save time and money, and ensure you and your business remain profitable.

Who is the best Accounting Software For Bakers?

The Best Accounting Software For Bakers of 2023:

Here’s our shortlist of the best accounting software for bakers I'm ranking through our extensive research and use:

  1. Wave
  2. Microsoft Dynamics GP
  3. Acumatica
  4. NetSuite
  5. Odoo

Our Review of the Best Accounting Software For Bakers:

Here is our list of the best accounting software for bakers:

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Wave

Newfoundrz's Software Review:
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4.2
out of 5

Wave is a free cloud-based accounting software that provides features such as invoicing, expense tracking, and accounting reports. It is primarily aimed at small businesses and freelancers.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Accounting reports
  • Credit card and bank account connections
  • Completely free accounting software
  • Easy receipt scanning and expense tracking
  • Automated financial reports
  • Limited features compared to other software options
  • Some users may find the interface too simplistic or lacking in customization options
  • Limited customer support options
Pricing for Wave starts at $0/month and moves up to $40/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$0/month
Pricing Plan 2:
$40/month
  • Etsy
  • Trello
  • Dropbox
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Microsoft Dynamics GP

Newfoundrz's Software Review:
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4.3
out of 5

Microsoft Dynamics GP is desktop accounting software aimed at small to medium-sized businesses. It includes features such as payroll and inventory management, along with various other accounting features.

  • Invoicing
  • Financial management
  • Inventory management
  • Project management
  • HR and payroll
  • Robust accounting and financial management
  • Efficient inventory management and order processing
  • Advanced HR and payroll management
  • Steep learning curve for some users
  • Higher pricing for advanced features and customization
  • Limited mobile app capabilities
Pricing for Microsoft Dynamics GP starts at $70/month and moves up to $100/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$70/month
Pricing Plan 2:
$100/month
  • Expensify
  • Stripe
  • Avalara
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Acumatica

Newfoundrz's Software Review:
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4.2
out of 5

Acumatica is a cloud-based accounting software that provides financial management, inventory management, and order management features. It is aimed at businesses of all sizes and includes integrations with various other business tools.

  • Invoicing
  • Financial management
  • Inventory management
  • Order management
  • Project accounting
  • Unified platform for financial, inventory, and order management
  • Robust project and CRM management
  • Flexible and scalable customization
  • Steep learning curve for some users
  • Higher pricing for advanced features and customization
  • Limited customer support options for some plans
Pricing for Acumatica starts at Custom and moves up to Custom pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
Custom
Pricing Plan 2:
Custom
  • Salesforce
  • Dropbox
  • Zapier
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NetSuite

Newfoundrz's Software Review:
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4.1
out of 5

NetSuite is a cloud-based accounting software that provides financial management, inventory management, and order management features. It is aimed at businesses of all sizes and includes integrations with various other business tools.

  • Invoicing
  • Financial management
  • Inventory management
  • Order management
  • Project management
  • Unified platform for financial, inventory, and order management
  • Comprehensive reporting and analytics
  • Flexible customization and scalability
  • Higher pricing for advanced features and customization
  • Steep learning curve for some users
  • Limited customer support options
Pricing for NetSuite starts at Custom and moves up to Custom pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
Custom
Pricing Plan 2:
Custom
  • Salesforce
  • Expensify
  • Dropbox
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Odoo

Newfoundrz's Software Review:
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4
out of 5

Odoo is an open-source accounting software that includes features such as invoicing, expense tracking, and inventory management. It is primarily aimed at small businesses and includes various other business tools.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Inventory management
  • Financial reporting
  • Open-source platform with modular design for customization
  • Comprehensive financial and project management
  • Advanced CRM and eCommerce capabilities
  • Steep learning curve for some users
  • Limited customer support options
  • Some users may find the interface too complex or cluttered
Pricing for Odoo starts at $31.10/month and moves up to $46.80/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$31.10/month
Pricing Plan 2:
$46.80/month
  • Shopify
  • Gmail
  • FedEx
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Software Rankings:
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Important Features to Look For in Accounting Software For Bakers:

Accounting Software For Bakers Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
Wave true $0/month $40/month
Microsoft Dynamics GP true $70/month $100/month
Acumatica true Custom Custom
NetSuite true Custom Custom
Odoo true $31.10/month $46.80/month

Accounting Software For Bakers Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
Wave 4 4 4.5 4.2
Microsoft Dynamics GP 4.2 4.5 4.1 4.3
Acumatica 4.3 4.3 4 4.2
NetSuite 4.2 4.2 4 4.1
Odoo 4 4 4 4

Is accounting software necessary for bakers and bakeries?

Is QuickBooks a good software for bakers and bakeries?

In what ways can bakers benefit from using accounting software and what are the key advantages it offers for their financial management?

What is the price range of accounting software designed for bakers, and what features does it include, such as tracking ingredient costs or creating invoices for custom orders?

Factors we use to Rank Accounting Software For Bakers:

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.