Best Accounting Software Deals and Discounts 2020

Save on accounting software this Cyber Monday and reap the rewards all year with better tracking of your business finances
Richard Parris Tech.co
Written By
Updated on January 26, 2022

As the old saying (almost goes), buy a product on Cyber Monday and you’ll save money on the day – buy accounting software on Cyber Monday, and you can secure your business finances for a lifetime.

Well, that’s almost a phrase. But, in the middle of endless consumer tech sales and discounts, don’t overlook that Cyber Monday is a great opportunity to save on accounting software. Some of the biggest names have great discounts.

We’ve spotted so far:

  • 60% off FreshBooks for 3 months
  • Get 6 months free with Sage
  • 70% off QuickBooks Online for 3 months

If you’re not already using accounting software for your business, there’s never been a better time to take a trial or sign up to a plan. Modern accounting software can be simple to use, with great reporting features and easy, user-friendly dashboards.

Better still? As it’s such a competitive industry, prices are lower than ever, and some of the best brands in the sector are outdoing each other with Cyber Monday savings.

quickbooks vs freshbooks

Do you use Accounting Software already?

0 of 0
Starting price
Free trial
Best for
Pros
Cons
Try now
freshbooks logo
xero logo
Zoho logo
Free Agent Logo
quickbooks logo

FreshBooks

Xero

Zoho Books

FreeAgent

QuickBooks

$23/month $1/month for a year

$27/month $5.40/month for the first 3 months

Free

$27/month Currently discounted to $13.50/month for first 6 months

$20/month $10/month for first 3 months

30 days

30 days

14 days

30 days

30 days

New businesses

Experienced accountants and established businesses with complex financial needs

Integrations

Budget-conscious businesses

Businesses needing advanced financial insights and customization

  • Competitive pricing
  • Time-tracking features with invoice compatibility
  • 24/7 customer support options
  • Over 1,000 third party integrations
  • Useful client portal for self-service needs
  • Robust fixed asset tracking functionality
  • Extensive data import/export features
  • Time tracking tools with billable hours conversion
  • Highly effective transaction documentation
  • Simple, low cost pricing options for businesses
  • Built-in tax forecasting tools
  • Helpful cash flow alerts for surpluses/shortfalls
  • Extensive analytics template customization
  • Automatic alerts for mismatched balances
  • Built-in cash flow projection tools
  • Limited functionality in mobile app
  • No forecasting or budgeting features
  • No multi-currency invoicing available
  • Steep learning curve for advanced features
  • Outdated, poorly designed interface
  • Must give one-month notice before cancellation
  • Higher than average transaction fees
  • No customer support outside business hours
  • Limited non-Zoho integrations
  • Overly complex and unhelpful support options
  • Difficult to navigate for basic feature usage
  • Cannot import invoices directly from a computer
  • Initial learning curve is quite steep
  • No time-tracking features
  • Support resources sometimes fail to load
Try FreshBooks Try Xero now Try Zoho Books Get Quotes Try QuickBooks

FreshBooks

  • Pros

    • Intuitive, easy-to-use interface for beginners
    • Time tracking features with invoice compatibility
    • 24/7 customer support options for platform help
    • Automated reminders are included on all plans
  • Cons

    • Limited functionality in mobile app
    • No forecasting or budgeting features for future analysis
    • Few custom reporting options
    • Lower-tier plans restrict the number of active clients you can bill
  • price tag Lite: $23/month
  • price tag Plus: $43/month
  • price tag Premium: $70/month
  • price tag 90% off all plans for the first 3 months

QuickBooks

An advanced platform that provides financial insights and customization options
  • Pros

    • Extensive analytics template customization
    • Automatic alerts for mismatched balances
    • Built-in cash flow projection tools
  • Cons

    • Steep learning curve for advanced functionality
    • Limited customer support resources for self-help
    • No time tracking features
  • price tag Solopreneur: $20/month
  • price tag Simple Start: $38/month
  • price tag Essentials: $85/month
  • price tag Plus: $140/month
  • price tag Advanced: $340/month
  • price tag 50% off for first 3 months on all plans

Sage

A feature-rich but expensive accounting software
  • Pros

    • Simple and easy-to-use, with a user-friendly interface
    • Vast array of customer support options, including phone and email
    • 30-day free trial available
  • Cons

    • App selection is limited
    • Additional users cost extra
  • price tag icon Pro Accounting: $1,413/year
  • price tag Premium Accounting: $1,947/year
  • price tag Quantum Accounting: $2,841/year
  • price tag 30-day free trial available

Zoho Books

  • Pros

    • Extensive data import/export features built in
    • Time tracking tools with billable hours conversion for invoicing
    • Highly effective transaction documentation
  • Cons

    • No customer support outside business hours (no weekends)
    • Limited third-party integrations outside of Zoho
    • Shorter free trial than most other accounting platforms
  • price tag Free: $0/month
  • price tag Standard: $15/month
  • price tag Professional: $40/month
  • price tag Premium: $60/month
  • price tag Elite: $120/month
  • price tag Ultimate: $240/month

Xero

  • Pros

    • Over 1,000 third-party integrations available
    • Useful client portal for clients to access financial information
    • Robust fixed asset tracking functionality with depreciation values
  • Cons

    • Steep learning curve for advanced features like workflows
    • Outdated, poorly designed interface with difficult navigation
    • Must give one-month notice before cancellation
  • price tag Early: $27/month
  • price tag Growing: $59/month
  • price tag Established: $97/month
  • price tag 90% off all plans for the first 6 months with Tech.co deal

Written By

Richard Parris Tech.co

Richard Parris is the Managing Editor of Tech.co. He has over a decade’s experience writing about tech, covering everything from the latest product reviews to online privacy and security. Before joining Tech.co, Richard previously worked as the editor of the UK’s largest technology magazine and its associated website.

More about