Best Free Accounting Software of 2025

Even though you’re not investing money when picking free accounting software , you are investing your time. Consider these factors to make sure you select a solution that can accommodate your business in all of its stages.

Free accounting software should have some combination of the following features:

• Income and expense tracking. 

• The ability to automatically import your bank transactions so that you can categorize them.

• Third-party integrations or in-house software options for payments, payroll, etc. 

However, it often lacks features you’d find in more robust small-business accounting software — think inventory management, advanced reporting and live support. If a free system doesn’t have everything you require, you’ll need to consider add-ons, upgraded versions or a different product altogether.

Most accounting software is cloud-based, meaning it’s accessible anywhere there’s an internet connection. If this level of access is important to you, be sure to look for platforms that have robust mobile websites or accounting apps to help you manage your money from wherever you are. If you plan on only using your free accounting software from a single computer, though, a desktop-based option may work as well.

Your accounting needs might be modest today, but they may not stay that way forever. If you think your business will grow in the future, make sure your accounting software offers higher-tier plans or add-ons that can scale with your company.

Your team of financial professionals will need to be able to access your books easily and with minimal risk of error. Check with your bookkeeper or accountant before choosing software. While accountants typically work with paid products like QuickBooks Online or Xero, they may be familiar with some of the free ones listed here, too.