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Small Business Accounting Software

Best Small Business Accounting Software | Software Awards 2020 shortlist


The Small Business Accounting Software category in the Software Awards for Accounting Excellence 2020 was once again a fierce fight.

11th Nov 2020
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The Small Business Accounting software shortlist for our 2020 awards shows that smaller, independent developers can still carve out niches for themselves as cloud accounting evolves.

The SME accounting 2020 shortlist is notable for the absence of two big names, Sage and QuickBooks. Smaller developers including Clear Books, FreeAgent and Countingup made it through a very competitive field to reach the final. The full 2020 list includes:

  • Clear Books

  • Countingup

  • FreeAgent

  • Xero

  • Zoho Books

Sage Business Cloud Accounts, Sage 50cloud Accounts and QuickBooks Online each gained small chunks of the overall votes cast, but the user satisfaction ratings on which the awards are based did not carry them into the top five shortlist.

That leaves Xero to represent the large cloud platform developers in the final alongside Zoho, an international player that has hovered around the fringes of this category in previous years but stepped up a notch in 2020.

FreeAgent and Clear Books are back in the ring after previous appearances, but Countingup represents a new departure. Launched in 2019 as a banking/accounting software hybrid, the fintech now has a chance to compete head-on with bookkeeping software developers.

Who will walk away with the first place? Come back on Wednesday, 2 December 2020 when we announce the winner of this year's Small Business Accounting Software Year Award.

The 2020 shortlist

Small business bookkeeping that feels so easy. Clear Books is a simple tool for small business accounting. Feel calm and confident as you take control of invoicing, purchase tracking, and financial reporting. Clear Books is the simple tool to make your businesses finances clear. With Clear Books, you'll be ticking off invoices as 'paid' in no time at all.

Read more about Clear Books

Countingup is your accounting and banking in one place. It's the simple way to run a business. Features include bank account number, sort code, Mastercard, automatic categorisation, VAT filing, invoicing and much more.

Read more about Countingup

FreeAgent is a UK-based award-winning online accounting software designed specifically for small business owners and their accountants and bookkeepers. With over 100,000 active users, FreeAgent’s powerful end-to-end accounting functionality simplifies the admin associated with your small business clients and gives you the robust features and proactive alerts that your practice needs.

Read more about FreeAgent

Born in the cloud, Xero is a beautiful, easy-to-use accounting platform for small businesses and their advisors around the world. Xero provides its 2+ million subscribers with connections to a thriving ecosystem of 800+ third-party apps and 200+ connections to banks and financial service providers.

Read more about Xero

Zoho Books is an MTD compliant online accounting software from Zoho's suite of integrated products. Available in mobile and web versions, it takes hassles out of accounting with invoicing and billing, receipt scanning, banking, inventory management, reporting, and direct VAT filing.

Read more about Zoho Books

Accounting Excellence Software Awards 2020

Every year, the Accounting Excellence Software Awards celebrates the very best in accounting technology. Voted for by the UK public in what is now proudly the UK's biggest survey of accounting software, independent voting across multiple criteria means that the Software Awards are valued by both the audience and the winners alike. 

This year, the Accounting Excellence Software Awards will be run online via the AccountingWEB and Accounting Excellence websites. Shortlists and winners for each of the categories will be announced on AccountingWEB with the keenly-fought Practice Suite of the Year announced live at the Accounting Excellence Firm Awards 2020. 

Read the full Software Awards 2020 shortlist rundown

AccountingWEB Small Business Accounting Software Reviews

Read more about the best small business accounting software for UK accountants at our dedicated Software Reviews page.

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