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Accounting software records, organizes, and reports a business’s financial transactions. In a 2025 Shopify survey, 41% of store owners said they review their finances daily, and 69% do so at least weekly.* Many businesses use software to speed up ecommerce accounting tasks.
“From an accounting perspective, I think bookkeeping is actually getting easier for small businesses,” says Marc Van den Dobbelsteen, director of accounting at Shopify. “A lot of the systems that are being developed now have some AI capabilities or some automation built into them, which saves you a lot of time on the back end.”
This guide covers nine top accounting software platforms to find the right option for your business.
9 best ecommerce accounting software solutions
These ecommerce accounting software options serve businesses at different stages. Compare the starting price and Shopify connection before reviewing each platform in detail.
Quick pick: QuickBooks Online is ecommerce accounting software for stores that want a broad suite of accounting tools and an included Shopify connector.
Methodology: Prices come from each provider’s US pricing page and reflect the lowest standard plan available in August 2026.
Temporary discounts are excluded. Eligibility rules and per-user charges appear in the table. The comparison looks at accounting features and Shopify connectivity. It also considers the types of businesses each platform serves.
| Platform | Monthly starting price | Shopify connection | Best for |
|---|---|---|---|
| QuickBooks Online | $38 | Shopify integration app | All-around ecommerce accounting |
| Wave | Free | Third-party connection through Zapier | Free invoicing and bookkeeping |
| Zoho Books | Free for businesses below $50,000 in annual revenue | Native connection on Elite and Ultimate plans | Growing stores that may need a native connection |
| FreshBooks | $23 | Third-party connection through Zapier | Freelancers and service businesses |
| Sage 50 Accounting | $128.67; one-year commitment required | Third-party connection through Sagify | Job costing and inventory |
| Xero | $25; increasing to $27 on Oct. 1, 2026 | Shopify integration app | Guided setup and AI tools |
| GnuCash | Free | File import or a custom connection | Free desktop accounting |
| NetSuite | Custom pricing | Paid connector starting at $199.92 per month | Enterprise finance and ERP |
| Striven | $35 per user | Third-party connection through Zapier | Accounting with CRM and HR tools |
1. QuickBooks Online
QuickBooks Online accounting software combines cloud bookkeeping, invoicing, reporting, and app integrations. Intuit Intelligence can categorize transactions, create invoices, reconcile accounts, and prepare reports. Available AI features vary by plan.
QuickBooks Online says it connects to more than 450 apps. The Essentials plan adds multiple currencies. Inventory management is offered with Plus.
The QuickBooks Online Shopify app imports sales activity, payments, customer data, and product details. The connector is included with a QuickBooks subscription and is free to install from the Shopify App Store.
Who it’s for
Small and midsize businesses that want broad accounting tools and an included Shopify connector.
Pricing
- Simple Start: $38 per month for one user. It includes automated bookkeeping, invoicing, expense categorization, and general business reports.
- Essentials: $85 per month for three users. It adds enhanced reports.
- Plus: $140 per month for five users. It adds inventory management, budgets, and project profitability tracking.
- Advanced: $340 per month for 25 users. It adds custom reports, workflow automation, forecasting, and expanded AI tools.
Features
- Intuit Intelligence and automated bookkeeping
- Inventory management on Plus and Advanced
- Mobile app
- Shopify connector included with a QuickBooks subscription
2. Wave

Wave has a free Starter plan for businesses with basic invoicing and bookkeeping needs. It covers unlimited estimates, invoices, bills, and bookkeeping records. Online payments are available to eligible businesses and carry transaction fees.
The Pro plan adds automatic bank transaction imports, transaction categorization, unlimited receipt capture, and late payment reminders. It also removes Wave branding from invoices. Wave lists third-party integrations as a Pro feature. A Zapier connection can create workflows between Wave and Shopify.
Who it’s for
Freelancers and small service businesses seeking free invoicing and basic bookkeeping.
Pricing
- Starter: $0 per month for unlimited estimates, invoices, bills, and bookkeeping records.
- Pro: $19 per month. It adds bank transaction imports, automatic categorization, unlimited receipt capture, and late payment reminders.
Features
- Unlimited invoicing and bookkeeping records on Starter
- Automatic bank transaction imports and categorization on Pro
- Unlimited receipt capture on Pro
- Mobile invoicing
- Shopify workflows through Zapier
3. Zoho Books

Zoho Books provides invoicing, expense tracking, bank reconciliation, reports, and receipt autoscans. Its free plan is available while a business remains below $50,000 in annual revenue. It includes access for one user and one accountant.
Inventory tracking begins with the Professional plan. The Elite plan adds advanced inventory controls and a native connection for up to two Shopify stores. Businesses on lower plans can create a separate Shopify and Zoho Books workflow through Zoho Flow.
Zoho’s Zia assistant can answer questions about financial data and prepare transactions for review from natural-language prompts. Zoho also describes AI-assisted forecasting, anomaly detection, document extraction, and bank reconciliation in its overview of Zia in Zoho Books.
Who it’s for
Small businesses that want a free entry plan and a path to native Shopify integration on higher plans.
Pricing
- Free: $0 per month while annual revenue remains below $50,000.
- Standard: $20 per month. It adds bank feeds, sales tax tracking, custom fields, and custom reports.
- Professional: $50 per month. It adds multicurrency invoicing, project profitability, and inventory tracking.
- Premium: $70 per month. It adds budgeting, cash flow forecasting, fixed asset management, and custom modules.
- Elite: $150 per month. It adds advanced inventory controls and connections for up to two Shopify stores.
- Ultimate: $275 per month. It adds advanced analytics and three million reporting rows.
Features
- Receipt autoscans
- Mobile and desktop apps
- Inventory tracking on Professional and higher
- Native Shopify integration on Elite and Ultimate
- Zia AI tools
4. FreshBooks
FreshBooks is known for its features around client billing, time tracking, expenses, and financial reports. Every plan includes unlimited time and expense tracking.
Lite permits invoicing for five clients. Plus raises the limit to 50 and adds proposals, retainers, bank reconciliation, and receipt data capture.
FreshBooks automations cover recurring invoices, late fees, and payment reminders. Premium adds unlimited billable clients, accounts payable, bill receipt capture, and project profitability. Additional team members cost $11 per person per month on Lite, Plus, and Premium plans.
FreshBooks connects to Shopify through third-party automation services, like Zapier.
Who it’s for
Freelancers and service businesses that bill clients by project or hour.
Pricing
- Lite: $23 per month for invoicing up to five clients, expense tracking, estimates, and tax-time reports.
- Plus: $43 per month for invoicing up to 50 clients, receipt data capture, accountant access, and double-entry accounting reports.
- Premium: $70 per month for unlimited billable clients, accounts payable, bill receipt capture, and project profitability.
- Select: Custom pricing for unlimited billable clients, two included team member accounts, and access to lower payment processing rates.
Features
- Unlimited time tracking and expenses
- Recurring invoices and automatic payment reminders
- Receipt data capture on Plus and higher
- Mobile apps
- Shopify workflows through Zapier
5. Sage 50 Accounting
Sage 50 accounting software combines cloud access with invoicing, expense management, inventory tracking, job costing, and financial reports. Automated bank reconciliation can match received payments with customer invoices.
Pro Accounting includes inventory and job management for one user. Premium Accounting adds advanced budgeting, serialized inventory, multiple companies, and advanced job costing for up to five users. Quantum Accounting adds role-based permissions and workflow management for up to 40 users. Payroll is available as a separate subscription.
Shopify merchants can connect Sage 50 through a third-party product. Sagify, which is listed in the Sage Marketplace, transfers Shopify orders into the US and Canadian editions of Sage 50.
Who it’s for
Small businesses that need job costing and inventory tools in the same accounting product.
Pricing
Sage requires a one-year commitment for the cloud plans below:
- Pro Accounting: $128.67 per month for one user.
- Premium Accounting: $182.50 per month for up to five users.
- Quantum Accounting: $271.17 per month for up to 40 users.
Features
- Automated bank reconciliation
- Inventory and job management
- Cloud access from multiple devices
- Optional payroll subscription
- Third-party Shopify connection through Sagify
6. Xero
Xero accounting software provides invoicing, bank reconciliation, reports, expense tools, and inventory tracking for small businesses. New customers can receive free setup help from a Xero coach during their first 90 days.
Xero’s JAX assistant is available to all subscribers at no additional charge. It can answer questions about financial data and prepare invoices or quotes for review. Xero also includes Smart Document Capture across plans.
The Xero Shopify app can sync daily sales and payments from your online store, or per-order data to track customer details and inventory. Match Shopify payments with Xero bank feeds for reconciliation of fees, refunds, and taxes.
Who it’s for
Small businesses that want guided setup and an AI assistant for accounting tasks.
Pricing
- Early: $25 per month for 20 invoices, five bills, bank reconciliation, and a 30-day cash flow forecast.
- Growing: $55 per month for unlimited invoices and bills, automatic bank reconciliation, and a 60-day cash flow forecast.
- Established: $90 per month for multicurrency accounting, project tracking, expense claims, and a 180-day cash flow forecast.
Xero’s next US price increase takes effect Oct. 1, 2026. Early will cost $27 per month, Growing $59, and Established $97.
Features
- JAX AI assistant
- Free setup help during the first 90 days
- Smart Document Capture
- Inventory tracking
- Free Shopify connectivity apps
7. GnuCash
GnuCash is free open-source accounting software for Windows, macOS, and Linux. It runs as locally installed desktop software. Its features include double-entry accounting, invoices, accounts payable and receivable, statement reconciliation, reports, and multiple currencies.
GnuCash also provides scheduled transactions and reminders. It can import QIF and OFX files and match transactions during import. Its feature set covers file imports rather than a native Shopify connector, so Shopify data requires a separate import or custom connection.
Who it’s for
Business owners who want free desktop accounting software and can manage ecommerce data imports separately.
Pricing
GnuCash is free under the GNU General Public License.
Features
- Double-entry accounting
- Scheduled transactions
- Invoicing and bill payment
- Statement reconciliation
- QIF and OFX imports
8. NetSuite

NetSuite Cloud Accounting is part of Oracle NetSuite’s enterprise resource planning suite. It connects accounting with inventory, order management, customer management, human resources, and ecommerce tools.
Its accounting tools cover the general ledger, cash management, accounts payable and receivable, account reconciliation, tax management, financial close, and fixed assets. Fixed asset management tracks depreciating and non-depreciating assets. NetSuite can also manage local taxes across subsidiaries.
NetSuite Bill Capture is an add-on module. It extracts invoice details and populates bill records. It can also match invoices with purchase orders and receiving documents.
The NetSuite ERP Connector starts at $199.92 per month. It syncs product, price, inventory, sales order, and fulfillment data between NetSuite and Shopify.
Who it’s for
Enterprises that want accounting and ecommerce data in the same ERP suite.
Pricing
- NetSuite: Custom annual pricing based on the core platform, optional modules, and user count. Initial setup also carries a one-time implementation fee.
- NetSuite ERP Connector: From $199.92 per month for the B2C Standard plan.
Features
- General ledger, accounts payable and receivable, and account reconciliation
- Fixed asset and tax management
- Invoice capture through an add-on
- Shopify connector for product, order, inventory, and fulfillment data
9. Striven
Striven is cloud accounting software with inventory, customer relationship management (CRM), HR, and project tools. Its accounting module includes a general ledger, accounts payable and receivable, bank reconciliation, financial reports, sales tax management, and invoicing.
Striven can automate recurring invoices, payment reminders, and billing for selected customer accounts. It can also export payroll data to a separate payroll provider. The Shopify and Striven connection through Zapier can create a Striven sales order when a new Shopify order arrives.
Striven charges per user. Accounts with fewer than five users pay an additional $25 per user each month.
Who it’s for
Small businesses that want accounting, inventory, CRM, and HR tools in one cloud product.
Pricing
- Standard: $35 per user each month.
- Enterprise: $70 per user each month.
- Fewer than five users: Add $25 per user each month.
Features
- General ledger, bank reconciliation, and reports
- Recurring invoices and automatic payment reminders
- Inventory management
- Shopify workflows through Zapier
Factors to consider when choosing the best accounting software
Choose accounting software based on the tasks your business handles today and the tools it may need as it grows.
- AI tools
- Scanning receipts
- Scalability and number of supported users
- Cloud-based vs. desktop
- Support
- Automations and invoicing
- Shopify integrations
- Extra features
AI tools
AI tools can categorize transactions, prepare invoices, extract document data, and identify unusual entries. Check which tasks each platform handles and which actions require approval.
In a 2025 Shopify survey, 75% of store owners reported using AI tools. Half of AI users conducted regular profit-and-loss reviews, compared with 39% of non-users.*
A 2025 Capgemini report also found a 30% realized or expected cost-saving impact from AI use cases in finance and accounting. This was the second-highest result among the four business functions measured.
Scanning receipts
Receipt scanning captures information such as the merchant, date, amount, and tax. Look for software that also matches receipts with bank transactions.
“You can take a picture of the receipt, [the software] can read the receipt for you, and it can categorize it for you automatically, versus having to do that all manually before,” says Marc, director of accounting at Shopify.
Scalability and number of supported users
Check how many users each plan includes and what extra slots cost. Review permission controls if employees or an accountant need access.
Growing businesses might also need inventory accounting, job costing, or financial forecasting. Compare the higher-tier plans before choosing a platform.
Cloud-based vs. desktop
Cloud accounting software stores data online and allows access through a browser or app. Cloud-based accounting solutions also give employees and accountants access to current records.
Desktop software maintains data locally. Compare security controls, backups, updates, remote access, and long-term costs for both options.
Support
Check the customer service channels and hours included with each plan. Phone access and onboarding are ideal for more personalized support. Higher-tier plans can provide faster responses or a dedicated contact.
Automations and invoicing
Look for automations that reduce recurring work. Receipt categorization and bank matching can simplify bookkeeping. Recurring invoices and payment reminders can make billing easier.
Also compare invoice limits, payment options, and transaction fees. Learn more about sending invoices.
Shopify integrations
An accounting integration can reduce manual entry and keep store data consistent. Check how the connector records orders, refunds, and fees. Review its handling of sales tax and payout reconciliation. Stores can choose from a large range of accounting connectors.
Shopify Finance also brings tools for payouts, bills, business spending, and funding into the Shopify admin. Shopify Tax can calculate sales tax and provide liability information. Accounting software can handle tasks such as maintaining the general ledger and preparing financial statements.
Winter Park Cycles, for example, connects Shopify with WorkMate, Bookkeep, and QuickBooks. The setup sends purchase orders to QuickBooks as bills and posts daily journal entries for sales on Bookkeep.
Extra features
Some platforms include inventory, payroll, CRM, HR, or project tools. Choose extras that replace another system or remove recurring work.
*Based on a 2025 survey of 500 Shopify merchants conducted in English across Australia, Canada, the United Kingdom, Ireland, New Zealand, and the United States. Respondents were established merchants with two or more years on the platform. Results reflect the experiences of this specific sample and may not be representative of all merchants.
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Accounting software FAQ
What is the most used accounting software?
QuickBooks holds the largest share in Datanyze’s accounting software dataset, which includes hundreds of technologies. Its adoption and accountant familiarity make QuickBooks Online a common small business choice.
Which software is best for accounting?
QuickBooks Online is a top choice for small ecommerce businesses. It manages core bookkeeping and reporting and includes a Shopify connector. NetSuite is geared toward enterprises that need accounting within an ERP system.
What are people replacing QuickBooks with?
QuickBooks alternatives include Xero and Zoho Books. FreshBooks is a good option for freelancers, while Wave provides free basic bookkeeping. The best replacement depends on the required features.
Which accounting software is the cheapest?
Wave and GnuCash are free. GnuCash is desktop software and requires more manual setup. Zoho Books also has a free plan for businesses with less than $50,000 in annual revenue.
Does Shopify have built-in accounting software?
Shopify Finance and Shopify Tax provide built-in tools for payouts, bills, funding, and sales tax. Full double-entry accounting is handled through connected software such as QuickBooks Online, Zoho Books, or other apps available in the Shopify App Store.












