5+ Best Accounting Software for Data Entry and Data Management

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

Accounting software has become an invaluable tool for businesses of all sizes. It helps streamline data entry and data management, allowing you to stay organized and minimize the possibility of errors. With so many accounting software solutions available, it can be difficult to determine which one is best for your needs. In this article, we will explore the top five most popular accounting software solutions that provide comprehensive support for data entry and data management.

Who is the best Accounting Software For Data Entry?

The Best Accounting Software For Data Entry of 2023:

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

  1. Sage Intacct
  2. FreeAgent
  3. Odoo
  4. Xero
  5. AccountEdge

Our Review of the Best Accounting Software For Data Entry:

Here is our list of the best accounting software for data entry:

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image of Sage Intacct logo

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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FreeAgent

Newfoundrz's Software Review:
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4.2
out of 5

FreeAgent is a cloud-based accounting software aimed at freelancers and small businesses. It includes features such as invoicing and expense tracking.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Project management
  • User-friendly platform for freelancers and small business owners
  • Simplified project and time management
  • Easy tax filing and compliance
  • Limited customization options for certain features
  • Higher pricing for advanced features and multi-user support
  • Limited mobile app capabilities
Pricing for FreeAgent starts at $0/month and moves up to $24/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:
$24/month
  • Dropbox
  • Salesforce
  • Google Drive
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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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Xero

Newfoundrz's Software Review:
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4.3
out of 5

Xero is a revolutionary cloud-based accounting software that has transformed the way businesses manage their finances. With its user-friendly interface and comprehensive suite of features, Xero makes it easy for businesses of all sizes to manage their accounting processes efficiently and effectively.

One of the standout features of Xero is its invoicing tool, which allows businesses to create professional-looking invoices that are fully customizable with their branding. The tool also enables businesses to set payment terms and automate payment reminders, reducing the risk of missed payments and improving cash flow.

Xero's inventory management feature is another standout tool that allows businesses to track their stock levels, sales, and purchase orders in real-time. With this feature, businesses can make informed decisions about inventory, avoid overstocks or shortages, and streamline their supply chain management processes.

Payroll processing is a critical function for businesses, and Xero makes it simple with its payroll feature. The tool automates payroll calculations, including employee salaries, taxes, and deductions, saving businesses time and ensuring compliance with relevant tax laws and regulations.

  • Bills & Expenses
  • Invoicing
  • Inventory management
  • Payroll
  • Bank reconciliation
  • User-friendly interface for small business owners
  • Extensive third-party app integration
  • Advanced inventory management
  • Higher pricing for advanced features and multi-currency support
  • Some users may find the interface too simplistic or lacking in advanced features
  • Limited mobile app capabilities
Pricing for Xero starts at $13/month and moves up to $70/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:
$13/month
Pricing Plan 2:
$70/month
  • HubSpot
  • Stripe
  • Shopify
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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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Software Rankings:
Disclaimer:
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Important Features to Look For in Accounting Software For Data Entry:

Accounting Software For Data Entry Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
Sage Intacct true Custom Custom
FreeAgent true $0/month $24/month
Odoo true $31.10/month $46.80/month
Xero true $13/month $70/month
AccountEdge true $15/month Custom

Accounting Software For Data Entry Rating Comparison Table:

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

Is accounting software necessary for data entry and management?

Is QuickBooks a suitable software for data entry and management?

In what ways can data entry be improved through the use of accounting software and what are the primary benefits it offers?

How much does accounting software for data entry businesses cost, and what features does it include for managing client projects, time tracking, or generating invoices?

Factors we use to Rank Accounting Software For Data Entry:

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