Finance and accounting

Books, reporting and closing the month.

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Bookkeeping or accounting

Some tools handle invoices and expenses and stop there. Others carry a full ledger, journals, fixed assets and multi-currency.

Ask your accountant which they want before you choose, because moving a ledger mid-year is painful and moving invoices is not.

The practical differences

Bank feeds and how reliable they are in your country, tax rates and filing support, multi-currency handling, and whether your accountant gets free access or costs a seat.

Where the price hides

Per-user pricing plus limits on invoices, bills, users or connected banks. Add-ons for payroll, expenses and projects are common, and they add up faster than the base plan suggests.

Migration

Opening balances, historical transactions and reconciliation status. Check what actually transfers, and plan the switch for the start of a period rather than the middle.

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