5+ Best Accounting Software for Consultants and Consulting Firms

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

As an accountant or consultant, having the right accounting software to handle the financial needs of your business is essential. There are a few great options out there that can make managing finances easier and more efficient. From cloud-based solutions to traditional desktop applications, this article provides an overview of the 5+ best accounting software for consultants and consulting firms to help you find the best fit for your business.

Who is the best Accounting Software For Consultants?

The Best Accounting Software For Consultants of 2023:

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

  1. Odoo
  2. AccountEdge
  3. OneUp
  4. Sage Intacct
  5. FreshBooks

Our Review of the Best Accounting Software For Consultants:

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

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Odoo

Newfoundrz's Software Review:
Image of full star review ratingImage of full star review ratingImage of full star review ratingImage of half a star review rating
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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AccountEdge

Newfoundrz's Software Review:
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4
out of 5

AccountEdge is desktop accounting software aimed at small businesses. It includes features such as payroll and inventory management, along with various other accounting features.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Payroll
  • Comprehensive accounting and financial management
  • Advanced inventory and payroll management
  • Powerful time billing and reporting
  • Limited cloud-based capabilities and mobile access
  • Limited integration options with other software
  • Higher pricing for advanced features and multi-user support
Pricing for AccountEdge starts at $15/month 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:
$15/month
Pricing Plan 2:
Custom
  • Bill.com
  • Microsoft Office 365
  • HubSpot
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OneUp

Newfoundrz's Software Review:
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4.3
out of 5

OneUp is a cloud-based accounting software aimed at small to medium-sized businesses. It includes features such as invoicing, inventory management, and financial reporting, along with various other accounting features.

  • Invoicing
  • Financial management
  • Inventory management
  • Invoicing
  • Payment processing
  • Comprehensive financial, inventory, and payment management
  • Advanced CRM and project management
  • Automated invoicing and payment processing
  • Higher pricing for additional users and advanced features
  • Limited customization options for certain features
  • Limited customer support options
Pricing for OneUp starts at $9/month and moves up to $169/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:
$9/month
Pricing Plan 2:
$169/month
  • Stripe
  • Shopify
  • Xero
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Sage Intacct

Newfoundrz's Software Review:
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4.2
out of 5

Sage Intacct 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
  • Order management
  • Revenue management
  • Project accounting
  • Efficient financial management and reporting for mid-sized businesses
  • Advanced order and revenue management
  • Powerful vendor and project management
  • Higher pricing for advanced features and customization
  • Steep learning curve for some users
  • Limited integration options with other software
Pricing for Sage Intacct 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
  • Expensify
  • Stripe
  • Slack
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FreshBooks

Newfoundrz's Software Review:
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4.2
out of 5

FreshBooks is an accounting software that includes invoicing, time tracking, and project management features, primarily aimed at freelancers and small businesses. It is cloud-based and offers mobile apps for iOS and Android.

  • Invoicing
  • Invoicing
  • Time tracking
  • Project management
  • Estimates and proposals
  • Time-saving automation of invoicing and payment processing
  • Easy time tracking and project management
  • Simplified tax preparation
  • Higher pricing for advanced features and multi-user support
  • Limited customization options for invoices and reports
  • Limited integration options with other software
Pricing for FreshBooks starts at $17/month and moves up to $55/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:
$17/month
Pricing Plan 2:
$55/month
  • Shopify
  • Trello
  • Mailchimp
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Featured Partners:
QuickBooks
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Software Rankings:
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Important Features to Look For in Accounting Software For Consultants:

Accounting Software For Consultants Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
Odoo true $31.10/month $46.80/month
AccountEdge true $15/month Custom
OneUp true $9/month $169/month
Sage Intacct true Custom Custom
FreshBooks true $17/month $55/month

Accounting Software For Consultants Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
Odoo 4 4 4 4
AccountEdge 4 4 4 4
OneUp 4 4.5 4.5 4.3
Sage Intacct 4 4.5 4 4.2
FreshBooks 4.5 4 4 4.2

Can consultants benefit from using accounting software?

Is QuickBooks a suitable software for consultants to use?

In what ways can consultants benefit from using accounting software and what are the primary advantages it offers?

Can you give an estimate of the cost of accounting software designed for consultants, and what features does it offer for time tracking, project management, or generating invoices?

Factors we use to Rank Accounting Software For Consultants:

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