5+ Best Accounting Software for Engineers and Engineering Firms

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

As an engineer, you know that streamlining operations can make all the difference between success and failure. Accounting software can help you keep track of your financials, allowing you to focus more on engineering your projects. With the right accounting software, engineers and engineering firms can easily manage their finances, stay on top of taxes, and ensure regulatory compliance. Here are the five best accounting software options tailored specifically for engineers and engineering firms.

Who is the best Accounting Software For Engineers?

The Best Accounting Software For Engineers of 2023:

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

  1. AccountEdge
  2. KashFlow
  3. NetSuite
  4. Wave
  5. Zoho Books

Our Review of the Best Accounting Software For Engineers:

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

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AccountEdge

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

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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KashFlow

Newfoundrz's Software Review:
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4
out of 5

KashFlow is a cloud-based accounting software aimed at small businesses. It includes features such as invoicing, expense tracking, and financial reporting.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Payroll
  • Financial reporting
  • Streamlined invoicing and payment processing
  • Efficient expense tracking and reporting
  • Automated VAT filing and compliance
  • Limited integration options with other software
  • Limited customization options for invoices and reports
  • Higher pricing for additional users and advanced features
Pricing for KashFlow starts at $12.70/month and moves up to $35/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:
$12.70/month
Pricing Plan 2:
$35/month
  • Dropbox
  • HubSpot
  • PayPal
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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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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
Get started →
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Zoho Books

Newfoundrz's Software Review:
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4.3
out of 5

Zoho Books is a cloud-based accounting software that provides features such as invoicing, expense tracking, and inventory management. It is aimed at small businesses and includes integrations with various other business tools.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Inventory management
  • Financial reporting
  • User-friendly interface with customizable templates
  • Robust inventory and project management
  • Powerful bank reconciliation and payment processing
  • Limited mobile app capabilities
  • Some users may find the interface too cluttered or confusing
  • Limited customization options for certain features
Pricing for Zoho Books starts at $0/month and moves up to $240/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:
$240/month
  • Shopify
  • Salesforce
  • HubSpot
Get started →
Featured Partners:
QuickBooks
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Software Rankings:
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Important Features to Look For in Accounting Software For Engineers:

Accounting Software For Engineers Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
AccountEdge true $15/month Custom
KashFlow true $12.70/month $35/month
NetSuite true Custom Custom
Wave true $0/month $40/month
Zoho Books true $0/month $240/month

Accounting Software For Engineers Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
AccountEdge 4 4 4 4
KashFlow 4 4 4 4
NetSuite 4.2 4.2 4 4.1
Wave 4 4 4.5 4.2
Zoho Books 4 4.5 4.5 4.3

Can engineers benefit from using accounting software?

Can engineers benefit from using QuickBooks?

How can engineers benefit from using accounting software and what are the key advantages it offers for financial management?

Can you provide information on the cost of accounting software designed for engineers, and what features does it offer for project management, time tracking, or generating invoices?

Factors we use to Rank Accounting Software For Engineers:

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