5+ Best Accounting Software for Manufacturing and Production Businesses

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

As a business grows, so too does the need for efficient and organized accounting. For businesses that focus on manufacturing and production, reliable accounting software is essential to managing finances and other assets. With the current financial climate and IT advancements, there are now many options for accounting software to manage the needs of manufacturing and production businesses. Here is a look at five of the best accounting software for manufacturing and production businesses.

Who is the best Accounting Software For Manufacturing?

The Best Accounting Software For Manufacturing of 2023:

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

  1. ZipBooks
  2. NetSuite
  3. Odoo
  4. Wave
  5. KashFlow

Our Review of the Best Accounting Software For Manufacturing:

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

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ZipBooks

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

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

  • Invoicing
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Time tracking
  • User-friendly platform with AI-powered automation
  • Comprehensive financial reporting and analytics
  • Streamlined payment processing and invoicing
  • Limited customer support options for some plans
  • Limited customization options for certain features
  • Limited mobile app capabilities
Pricing for ZipBooks starts at $15/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:
$15/month
Pricing Plan 2:
$35/month
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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
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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
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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
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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
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Software Rankings:
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Important Features to Look For in Accounting Software For Manufacturing:

Accounting Software For Manufacturing Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
ZipBooks true $15/month $35/month
NetSuite true Custom Custom
Odoo true $31.10/month $46.80/month
Wave true $0/month $40/month
KashFlow true $12.70/month $35/month

Accounting Software For Manufacturing Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
ZipBooks 4.1 4 4 4
NetSuite 4.2 4.2 4 4.1
Odoo 4 4 4 4
Wave 4 4 4.5 4.2
KashFlow 4 4 4 4

Can manufacturing businesses benefit from using accounting software?

Is QuickBooks a suitable software for manufacturing businesses to use?

How can accounting software benefit manufacturing companies?

Can you give an estimate of the cost of accounting software for manufacturing businesses, and what features does it offer for managing inventory levels, tracking production costs, or generating invoices?

Factors we use to Rank Accounting Software For Manufacturing:

Newfoundr

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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.