The 10 Best Home Accounting Software Apps 2024

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With great home accounting software, anyone can learn to manage their personal finances more effectively. By tracking payments and setting budgets, you can meet all your savings goals.

Picking the right accounting software for home use can be challenging when there are so many available on the market. That’s why we’ve reviewed the best 10 to help you make an informed choice.

Techopedia’s Top 3 Home Accounting Software

FreshBooks – Best Home Accounting Software for Freelancers


Zoho Books – Best Personal Accounting Software for a Comprehensive Free Plan


Xero - Best Home Accounting Software for Small Businesses


The 10 Best Personal Accounting Software Ranked

  1. FreshBooks: Best for freelancers and self-employed professionals
  2. Zoho Books: Best for a comprehensive free plan
  3. Xero: Best for small businesses with international clients
  4. QuickBooks: Best for online stores and ecommerce
  5. TurboTax: Best for complex tax situations
  6. Wave: Best for freelancers on a budget
  7. Bonsai: Best for freelance creatives and designers
  8. Melio: Best for bootstrapped startups and small businesses
  9. Quicken: Best for investment and retirement fund management
  10. Kashoo: Best personal finance app for micro businesses

The Best Software for Home Accounting Reviewed

Our personal accounting software review focuses on key factors for users, such as pricing, features, and performance. We use this information to determine its pros and cons and, ultimately, its best use cases.

1. FreshBooks – The Best for Freelancers and Self-Employed Professionals


Best For Freelancers and self-employed professionals
Free Trial 30-day free trial
Price From Starting from $19/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

FreshBooks offers a versatile accounting platform that can help manage your personal finances or home business. Its reporting and analytics features actually make it ideal for freelancers, consultants, and entrepreneurs running small home-based businesses.

Freelancers and small businesses cannot go wrong with Freshbooks’s sheer range of client management features. You can automate and customize most stages of billing clients. Despite its comprehensive feature set, Freshbooks is still one of the most competitively priced options.

  • Proposals: Use Freshbooks to create in-depth proposals and track your progress through projects.
  • Time tracking: Log time spent on individual projects and clients for more accurate billing.
  • Mileage tracking: Record travel times from the mobile app to claim tax deductions.
Pricing Plans

FreshBooks has three plans for different use cases: freelancers, self-employed professionals, and small businesses. Here’s a look at its fixed monthly and annual rates:

Plan Lite Plus Premium
Monthly cost $19/month $33/month $66/month
Yearly cost $228/year $396/year $720/year
  • Lite: A basic range of invoicing and expense tracking tools, all unlimited.
  • Plus: Everything in Lite plus invoice automation and reporting tools.
  • Premium: No limits on clients, more payment options, and the automatic receipt capture tool.

The pricing plans are generally flexible, with opportunities to save costs. FreshBooks lets you add advanced payments for $20 per month instead of including it in the price. There are often generous offers and discounts which allow up to 70% off plans for a limited period.

Who's It Best For?

Freshbooks has client management tools but no inventory support, so it’s best for service providers. Its competitive pricing makes it affordable for most professionals working from home.

Read our full FreshBooks Review

Pros pros

  • Comprehensive mobile app
  • Intuitive user interface
  • Range of client management tools
  • Flexible pricing plans

Cons cons

  • Additional costs for extra users
  • Limited inventory management
  • Lacks customization options

2. Zoho Books – The Best For a Comprehensive Free Plan

zoho book logo

Best For Comprehensive free plan
Free Trial 14-day free trial
Price From Starting from $15/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

You won’t find another accounting app with as many free features as Zoho Books. The platform offers the best free personal finance software for one user and one accountant. Its free plan lets you add multiple bank accounts, credit cards, and financial accounts, create a customer portal, manage clients and invoices, and more.

The financial management solution allows users to manage everything from invoicing and payments to account reconciliation. The app’s great performance means it doesn’t compromise quality for competitive rates.

  • Customer portal: Allow clients and customers to log into the platform even from the free plan.
  • Multi-lingual invoicing: Invoice in different languages for clients abroad.
  • Currency support: Invoice, make payments, and automatically adjust rates in several currencies.
Pricing Plans

With its range of plans, Zoho Books caters to many business sizes. Individuals and families can benefit most from the free and standard plans with their impressive feature sets.

Plan Free Standard Professional Premium
Monthly cost Forever free $20/month $50/month $70/month
Yearly cost Forever free $15/year $40/year $60/year
  • Free: Access to essential accounting features, including client management and the customer portal.
  • Standard: More automation, bulk updates, and customization options.
  • Professional: Extra project management tools like time tracking, invoicing, and expenses.
  • Premium: Access to more customization options and your own website domain.

Note that you can only access the free plan if you make less than $50,000 in revenue per year. However, this is a high threshold, so it shouldn’t cause an issue for most looking for personal finance apps.

Who's It Best For?

If you’re starting a new venture with limited funds, Zoho is for you. It’s one of the best free personal finance software with a comprehensive plan that means you won’t have a subscription fee cutting into your budget, but you can still access all the tools you need.

Read our full Zoho Books Review

Pros pros

  • Free plan available
  • Customizable reports
  • Option to add other Zoho products
  • Extensive customer support

Cons cons

  • Restrictive user limits
  • Limited integrations
  • Complex user interface

3. Xero – The Best for Small Businesses with International Clients

xero logo

Best For Small businesses with international clients
Free Trial 30-day free trial
Price From Starting from $29/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

Many home accounting apps are limited to the US. Xero recognizes that many businesses now require international support with its multiple currencies, exchange rate management, and foreign reporting.

Xero’s multi-currency accounting can process transactions in over 160 countries and allows you to use various currencies in your invoices, quotes, and purchase orders. Thanks to its exceptional analytics and reporting features, Xero will also show you how fluctuations in exchange rates affect your cash flow and profits.

You can also integrate with all the most popular global business apps like PayPal and Gusto.

  • Multi-currency payments: Convert and record transactions in your account according to the latest exchange rate.
  • Bank Account Reconciliation: Automatically reconcile bulk transactions and review AI suggestions.
  • Foreign reporting: Generate foreign financial reports to get a comprehensive idea of your business performance.
Pricing Plans

There’s a choice of three monthly plans on Xero with optional add-ons. Unlike many alternatives, you can’t commit to an annual plan for a discount.

Plan Starter Standard Premium
Monthly cost $15/month $42/month $78/month
  • Starter: Access to invoicing, document management, and basic reporting features.
  • Standard: All the Starter features plus the bulk reconciliation tool.
  • Premium: The option to handle expenses in a range of currencies.

Besides these features, you can add expense management for $4 per month and project management tools for $7 per month. There’s also the advanced analytics tool which is free for the first four months and $7 after that.

Who's It Best For?

Although many platforms on our list support international businesses, Xero is the top contender. It gives you as much control over foreign finances as local ones. It provides exceptional cash flow analysis and reporting features that give you an in-depth insight into all your financial accounts and help you track metrics for financial planning.

Read our full Xero Review

Pros pros

  • Extensive reporting options
  • Option to cancel anytime
  • Range of integrations
  • No user limits

Cons cons

  • High starter price
  • Offers limited to new users
  • Expense management not included in plans

4. QuickBooks – The Best for Online Sales and Ecommerce

quickbooks logo

Best For Online sales and ecommerce
Free Trial 30-day free trial
Price From Starting from $18/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

QuickBooks is one of the best personal finance software providers, and it offers industry-specific features and subscription plans for businesses of varying sizes. Thanks to its versatility, QuickBooks can effectively streamline financial management for entrepreneurs operating from home as their business grows.

The tool is widely used, so your partners, clients, and potential business partners are likely to be familiar with it. Its reputation is well-deserved — QuickBooks offers an unrivaled amount of features, integrations, and customer support options.

  • Profitability estimates: Run reports on income and expenses to see whether projects are making money.
  • Expense categorization: Split personal and professional expenses so you don’t get them confused.
  • Tax guidance: Get one-on-one support from one of QuickBooks certified accountants.
Pricing Plans

You can choose between the Solopreneur plan for individuals or the three small business plans. All of them have monthly or annual fixed rates.

Plan Solopreneur Simple Start Essentials Plus
Monthly cost $20/month $18/month $27/month $38/month
Yearly cost $120 $197/year $291/year $410/year
  • Solopreneur: Basic accounting tools with access to expert tax preparation guidance.
  • Simple Start: Project and expense management plus basic reporting tools.
  • Essentials: Bill and payment tracking and the option to add two extra users.
  • Plus: Access to inventory management and budget settings features for up to five users.

In addition to being competitively priced, QuickBooks often offers discounts and limited-time offers. With an annual commitment, you can receive up to 50% off plans—one of the most generous markdowns we’ve seen.

Who's It Best For?

While QuickBooks is suited to many use cases, it’s great for online stores. Users can integrate with all the essential ecommerce apps like Shopify and Woocommerce. There’s also mileage tracking if you’re handling the deliveries yourself.

Read our full QuickBooks Review

Pros pros

  • Dedicated personal plan
  • 100+ integrations
  • Comprehensive reporting tools
  • Great deals on plans

Cons cons

  • Steep learning curve
  • Low user limits
  • Less affordable than some alternatives

5. TurboTax – The Best for Complex Tax Situations

turbotax logo

Best For Personal tax filing
Free Trial No payment until you file taxes
Price From Custom
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

TurboTax is the best personal finance software tool with comprehensive solutions for individuals managing personal and business tax filings. That makes it an ideal two-in-one tool for users with combined tax obligations since it ensures you can accurately address both aspects of your financial life without overlap.

TurboTax caters to different experience levels with its choice of support options. You can count on them whether you require full guidance with filing and reporting or just want a professional to double-check your accounts.

  • Expert guidance: Have a team of qualified and experienced accountants look over your day-to-day spending.
  • AI Assistant: Take a guided tour through tax filing and get questions answered.
  • Audit risk meter: Analyze your account to look for common audit triggers to avoid scrutiny from the IRS.
Pricing Plans

TurboTax has four plans with a fixed monthly rate but no annual plans. You can also receive tax filing support for a one-off sum every year.

Plan Basic Deluxe Premier Home and Business
Monthly cost $50/month $80/month $115/month $130/month
  • Basic: Guidance with taxes and guaranteed returns.
  • Deluxe: Support with tax deductions and credits plus the audit risk meter tool.
  • Premier: More niche support with investments like real estate and stock options.
  • Home and business: A combination of expense management tools for your family and your company.

If you’re budget-conscious and want to save money, TurboTax can estimate the annual fees for tax support before you commit. They also look for ways to save you money via tax advantages to maximize your investment in their platform.

Who's It Best For?

You’re most likely to benefit from TurboTax if you’ve got a complicated tax setup. For example, you might have multiple income sources and need more support to manage your money. TurboTax’s expert team can ensure you haven’t overlooked a detail and made a mistake with your personal finance.

Read our full TurboTax Review

Pros pros

  • Free to start using
  • Cover for tax audits
  • Expert assistance
  • Support for a range of business types

Cons cons

  • No upfront pricing
  • Limited bookkeeping tools
  • Lengthy installation process

6. Wave – The Best for Freelancers on a Tight Budget

wave logo

Best For Paying staff and contractors
Free Trial Free plan
Price From Starting from $16/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

Wave lets you use its accounting features for free and charges you for optional add-ons, such as payroll, mobile receipts, and expert advice. Its payroll add-on lets you deposit payments quickly and directly to your employees’ financial accounts. Wave will also keep records of payments, reducing time spent on manual bookkeeping. Although it’s not as feature-rich as our top picks and wouldn’t suit complex business finances, Wave is ideal for beginners running a small business from home.

Wave offers a forever-free plan with unlimited features. That means you’re not forced to upgrade as your business grows, and you need to arrange more invoices and bills. You can even add other users to your account as you hire staff.

  • Automatic transaction categorization: Link your bank account to Wave and it automatically organizes your expenses.
  • Payroll: Pay staff with the competitively priced payroll add-on.
  • Flexible user permissions: Add users to your account and decide whether they’re viewers, editors, payroll managers, or admin — all from the free plan.
Pricing Plans

There are only two plans on Wave Accounting. However, it has three optional add-ons so you get more flexibility over the total price.

Plan Starter Pro Plan
Monthly cost $0/month $16/month
Yearly cost $0/year $170/year
  • Starter: Basic invoicing and bookkeeping tools with the ability to add payments.
  • Pro Plan: Everything in Starter but payments are included and you can access more advanced tax filing and reporting features.

The receipt capture tool is included in the Pro Plan and can be added to the free plan for $11 per month or $96 per year. The payroll feature is also available for $20 per month, and a bookkeeping service is available for $149.

Who's It Best For?

Freelancers with tight profit margins will appreciate Wave. You can keep your costs low while you continue to offer competitive rates and build up your business. It’s worth mentioning that it has some of the best home business accounting software mobile apps, making it an excellent pick for professionals who work on the go.

Read our full Wave Review

Pros pros

  • Free forever plan
  • Competitive pricing
  • User-friendly interface
  • Flexible user permissions

Cons cons

  • Receipt capture not included in plans
  • No time tracking tools
  • Limited invoice customization

7. Bonsai – The Best for Freelance Creatives and Designers

bonsai logo

Best For Freelance creative and designers
Free Trial 7-day free trial
Price From Starting from $25/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

Sometimes freelancers and self-employed only need basic accounting tools. Bonsai is the best home and business accounting software for freelancers looking to improve their client relations, projects, and financial management.

Bonsai fits the bill with its stripped-down feature set and simple interface. One of its standout features is its massive invoice, contract, proposal, and quote templates library. These templates allow you to look professional, set up global payments, and get paid faster, even if you’re a beginner.

The competitive rates are also great if you’re a one-person-show managing all the costs yourself.

  • Invoicing: Automates invoice creation, transfers, reminders, and late fees.
  • Proposals: Let clients choose from different packages to simplify the startup process. Also, request deposits for projects.
  • Estimates: See how much you can expect to pay for your quarterly tax estimates.
Pricing Plans

Bonsai has three plans with a fixed monthly or annual rate. As standard, you get a discount for an annual commitment but you also get two months free.

Plan Starter Professional Business
Monthly cost $25/month $39/month $79/month
Yearly cost $21/year $32/year $66/year
  • Starter: A basic range of work management and invoicing tools.
  • Professional: Access to automation features and integrations.
  • Business: Hiring, onboarding, and contractor management plus support for subcontractors.

Many of the expense management features are in the optional Bonsai Tax add-on. You can use this feature or invite extra for $10 more per month.

Who's It Best For?

Bonsai’s simple features are perfect for freelancers who don’t have much experience with personal financial management. The customizable proposal templates and project management features are great for creative projects to do with web content writing or digital illustration. You can easily outsource using the subcontractor tools.

Read our full Bonsai Review

Pros pros

  • Simple interface
  • Choice of templates
  • Unlimited subcontractors
  • CRM tool

Cons cons

  • High fee for extra users
  • No inventory management
  • Fewer features than some alternatives

8. Melio – The Best for Bootstrapped Startups and Small Businesses

melio logo

Best For Bootstrapped startups and small businesses
Free Trial Free plan
Price From Per translation rate
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

Melio is one of the best personal finance apps. Its user-friendly interface allows you to pay bills, split expenses among family members or roommates, and keep track of financial obligations. Melio not only has a stack of free features but also gives you tight control over your cash flow.

Its other features make it suitable for managing the finances of your home business. It takes a streamlined approach to managing payments, invoicing, and expenses. You only make transfers when it suits you, and you can make it easier for customers or clients to pay you. There’s also international support for those who operate abroad.

  • Deferred payments: Pay over time and set different schedules for vendors without affecting your credit score.
  • Security: Benefit from best-class encryption for all your transfers.
  • Client management: Allow anyone to pay you via Melia even if they don’t have an account.
Pricing Plans

Unlike the other platforms, all the Melio features are free to use. They charge per transaction instead at the following rates:

  • 9% for card transactions
  • 5% for instant transfers
  • $20 for fast checks
  • $20 for international payments

ACH transfers are completely free. You can fast-track at a rate of 1% per transaction if you need to.

Who's It Best For?

Starting a business with no capital is challenging. Melio makes it easier by only charging per transaction rather than setting a monthly fee. You can also schedule payments for when you’re sure there are funds available in your bank account.

Read our full Melio Review

Pros pros

  • Range of free features
  • Unlimited users
  • No charge for ACH transfers
  • Option for instant payments

Cons cons

  • Limited accounting tools
  • Only supports payments in USD
  • No phone support

9. Quicken – The Best for Investment and Retirement Fund Management

quicken logo

Best For Investment and retirement fund management
Free Trial 30-day money-back guarantee
Price From Starting from $3.99/month
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

Although Quicken doesn’t have the largest range of accounting features, it has some unique offerings. You access tools that help you track and manage investments, such as retirement planning.

Quicken’s focus on individual users makes it stand out from many personal finance apps that are tailored more toward small businesses. This makes the app easier to use when you want to manage your investment portfolio and plan for retirement.

  • Savings calculator: Calculate estimates for various savings such as retirement, college funds, and debt.
  • Lifetime planner: Create a roadmap for your retirement fund to learn about possible changes.
  • Investment performance analytics: Assess your financial health and see the possible impact of debts and investments.
Pricing Plans

Although Quicken indicates there are three plans, there are actually four tiers. You don’t have annual plans with a discount but the costs are so low that there’s no need.

Plan Simplifi Deluxe Premier Business & Personal
Monthly cost $3.99/month $5.99/month $/7.99month $10.99/month
  • Simplifi: A range of basic accounting and reporting tools including tracking, planning, and reporting.
  • Deluxe: All the features in Simplifi plus tax filing and debt management.
  • Premier: Support with investments and retirement plans.
  • Business & Personal: A plan with connected but distinct accounting features for individuals and their companies.

Simplfi has a standalone mobile app. That means you have to install a new program if you upgrade your plan.

Who's It Best For?

If you’re preparing for your family’s future, Quicken has a range of tools to manage savings, like retirement and college funds. It’s also well-suited to property investors due to its portfolio management features.

Pros pros

  • Retirement and investment features
  • Competitive pricing
  • Unique personal and business plan
  • Intuitive user interface

Cons cons

  • Multiple mobile apps
  • No time tracking tools
  • Only monthly plans available

10. Kashoo – The Best for Very Small and Micro Businesses

kashoo logo

Best For Very small and micro businesses
Free Trial 14-day free trial
Price From Starting from $216/year
Mobile Compatibility
Income/Expense Tracking
Why We Picked It

As long as you’re willing to commit, Kashoo stands out as an ideal solution for very small and micro businesses, offering affordable automation for expense management for an affordable price.

You can manage all the essentials like bill payments, track spending, and scan receipts, and Kashoo’s intuitive interface caters to inexperienced and first-time business owners, simplifying the complexities of financial management.

  • Branding: Customize your invoices from the lowest tier to give your company a more established look.
  • Expense chargeback: Automatically add expense claims to your invoices.
  • Automatic transaction categorization: Link Kashoo to your bank accounts to let it categorize all your income and expenses.
Pricing Plans

As Kashoo doesn’t have monthly rates, you must commit to an annual plan. The prices are reasonably competitive though.

Plan Truly Small Kashoo
Yearly cost $216/year $324/year
  • Truly Small: Basic invoicing, payment, and expense management tools.
  • Kashoo: Advanced accounting and reporting tools plus payroll integrations.

Kashoo includes all its features in its plans so there are no optional add-ons. For example, you can find inventory management in the top tier.

Who's It Best For?

Accounting apps usually cater to individuals, freelancers, or small companies. Kashoo is one of the few that targets micro businesses. You get the benefit of low pricing but professional features like ORG charts and inventory management.

Read our full Kashoo Review

Pros pros

  • Competitive pricing
  • Inventory management
  • Simple interface
  • Robust customer support

Cons cons

  • Requires an annual commitment
  • Inflexible pricing plans
  • No tax filing tools

The Best Accounting Software for Home Use Compared

When you’re comparing lots of personal finance platforms, getting the full picture can be challenging. That’s why we’re providing this breakdown of all the key points:

Accounting Software Free Version? Starting Price Best For? Top Features
Freshbooks ❌ – 30-day free trial $19/month Freelancers and self-employed professionals Proposals, Mileage tracking, Time tracking
Zoho $15/month Comprehensive free plan Customer portal, Multi-lingual invoicing, Currency support
Xero ❌ – 30-day free trial $29/month Data analytics and reporting Multi-currency payments, Bank account reconciliation, Foreign reporting
QuickBooks ❌ – 30-day free trial $18/month Range of integrations Profitability estimates
TurboTax – only until you need to file $50/month Complex tax situations Expert guidance, Expense categorization, Tax guidance
Wave $16/month Freelancers on a tight budget Automatic transaction categorization, Payroll, Flexible user permissions
Bonsai – 7-day free trial $25/month Freelance creatives and designers Invoicing, Proposals, Estimates
Melio ✅ – accounting features are free to use Per transaction rates Bootstrapped startups and small businesses Deferred payments, Security, Client management
Quicken – 30-day money-back guarantee $3.99/month Investment and retirement fund management Savings calculator, Lifetime planner, Investment performance analytics
Kashoo – 14-day free trial $216/year Very small and micro businesses Branding, Expense chargeback, Automatic transaction categorization

How We Review and Test Accounting Products

To provide our readers with accurate and well-informed recommendations, we test the most popular accounting products on the market to find the best options for you. Our methodology consists of the following criteria:

  • Features: We examine the features of each accounting software to determine what capabilities are offered- such as creating, editing, and deleting transactions.
  • Compliance: We evaluate accounting software based on whether it offers local compliance when it comes to payroll, taxes, documentation, and more.
  • Bank Reconciliation: We test the reconciliation process to ensure transactions match bank statements accurately.
  • Multi-Currency Support: We verify the accuracy of currency conversions and transactions in multi-currency environments.
  • User Experience: We get hands-on with each product and act as a new user, testing each platform to gain understanding if the platform is easy to use or not.
  • Reporting and Documentation: We verify the accuracy of financial reports generated by the software such as balance sheets and income statements.
  • Integrations: We evaluate the integrations of each piece of software to determine how well it fits in with other key pieces in a business’s software stack, and whether its functionality can be expanded as required.
  • Audit Trails: We ensure the software maintains comprehensive audit trails for tracking changes made to financial data.

What is Personal and Home Accounting Software?

Personal and home accounting software is designed to help people manage their financial situation more effectively. These platforms typically have budgeting tools that track income and expenses, organize transactions, and generate reports. Using these tools, people can set a budget and work towards meeting their savings goals.

What Can You Do With a Personal Finance App?

A personal finance app offers a comprehensive solution for managing your financial life efficiently and effectively. By integrating various features, these financial planning apps empower you to:

  • Watch Transactions Across All Your Accounts: Monitor all your bank accounts, credit cards, and investments in one place.
  • Track Expenses and Categorize Spending: Manage your money by automatically sorting expenses into categories like groceries, entertainment, and bills.
  • Set Financial Goals: Define and track savings goals for vacations, emergencies, or big purchases for your financial future.
  • Plan for Your Retirement: Use retirement calculators and track progress towards your retirement goals.
  • Create a Budget: Set monthly budgets and receive alerts when you approach spending limits.
  • Analyze Spending Trends: Gain financial data insights such as spending habits with detailed reports and charts.
  • Receive Bill Reminders: Avoid late fees with automatic reminders for upcoming bills and payments.

Personal Finance Features to Look For

Home accounting apps can have a variety of different features. While some tools are just nice-to-haves, the following ones are essential:

  • Income and expense tracking: You can log and monitor transactions to understand your spending habits.
  • Invoice management: Top home accounting apps let you create professional invoices, automatically send them to clients, and store them in your system.
  • Analytics and reporting: You need the ability to generate detailed tables and charts to see where you can make savings.
  • Notifications: Prompts can tell you when to send payments or bill clients. You can also receive reminders to log your daily income and expenses.
  • Budget management: You should be able to set targets and track your progress towards them.

How to Choose the Best Home Accounting Software

With so many options out there, choosing the right home accounting app for you can be overwhelming. You can narrow down your choices by only considering the most crucial features. Here’s what to look for:

Ease of useCompatibilityKey featuresValueCustomer support

As you have to fit accounting tasks around your regular work, choose an intuitive platform. Managing a time-consuming and complex app may detract from your work and make you less efficient.

The best personal accounting software integrates with popular apps and devices. That means you can use them alongside other essential business software and handle tasks on the go.

Check your personal finance software app has all the essential features for your business. You won’t get the best results if you have to swap to another app to manage certain tasks.

To allow your business to scale, ensure all the plan features and integrations justify the cost. Check there are no hidden fees or limits that reduce the value.

As accounting requirements change constantly, you’re likely to need guidance and support. Look for apps with different contact options, qualified staff, and fast response times.

What’s the Best Free Accounting Software for Personal Use?

Zoho, Wave, and Melio all have free plans worth your attention. They include essential features for household budgeting, but you might find them too restrictive in the long run. However, they still perform well and allow you to manage a variety of tasks.

Note that when choosing the best personal finance software, the free and inexpensive ones may not be right for you. Consider every factor, including features, integrations, and scalability.


How can I do my own personal accounting?

Do I still need an accountant if I use Xero for personal finances?

Is there something like QuickBooks for personal use?

Does Microsoft have a home accounting software?

Can personal finance apps boost your credit score?

Can I use Quicken for free?

What is the easiest home accounting software to use?

Is connecting an app to your bank accounts safe?

Rhiannon Stone
Technology Writer
Rhiannon Stone
Technology Writer

Rhiannon Stone is an experienced web content creator with over four years in the industry and graduated with an MA in English. Before she began working with Techopedia, she traveled the world teaching Business English where her students worked in sectors such as banking, manufacturing, and telecommunications. After teaching Rhiannon joined a publishing house where she started her writing career. Now, Rhiannon is based in Greece and specializes in writing in-depth reviews and thought-out comparison content within SaaS, HR, and accounting to help Techopedia readers make fully-informed choices.