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Data and trends
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Best bookkeeping tools for 2021 unveiled

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FreeAgent once again walked away with the blue-ribbon bookkeeping prize as its legions of loyal supporters turned out to vote for the app.

9th Feb 2022
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The Edinburgh firm garnered almost two-thirds of the vote as it won the bookkeeping award for the fourth time in five years.

Its presence in the burgeoning bookkeeping market has increased since its acquisition by NatWest Group in 2018 and is currently available free for all the bank’s business account holders.

While size of the customer base is important in a competitive field, FreeAgent has set out its stall when it comes to providing user support. Product support is one of the strongest factors in the software satisfaction equation and this quality has served FreeAgent well over the past few years when it comes to awards season.

While the majority of the larger players in the bookkeeping world are accounted for in the results table, most saw their share of the vote fall. While having a larger share of the market is undoubtedly good for business. it can also lead to higher customer expectations - and louder complaints when things go wrong, as companies such as Microsoft and Facebook have experienced in the wider software world

Rank

Product

% vote

Trend

1

FreeAgent

63.3%

2

Xero

8.1%

3

VT Transaction+

5.8%

4

QuickBooks Online

4.8%

5

Countingup

3.7%

=

6

Sage 50cloud Accounts

 2.7%

7

Nomisma

 2.3%

Awards methodology

Throughout the year AccountingWEB members are invited to nominate their favourite apps across the 10 categories listed here. Those votes are compiled into rankings on which the awards are decided. The trend indicators in this table are based on rankings within the category, or where the position hasn’t changed by the number of rankings achieved compared to the previous awards.

The polls are already open for this year’s awards, so if you’d like to have your say:

Vote for your favourite software here

Replies (1)

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By Silver Birch Accts
12th Feb 2022 14:57

Flawed, no way is FreeAgent that good in my experience. Perhaps its free to Bank customers model has produced a distorted vote. When you consider how VT is so well thought of, only to lag behind in third place, I don't place any confidence in this result.

Thanks (1)