We are often asked what is the best free accounting software in Australia. Unfortunately, for most businesses free accounting software can end up being very expensive.
For a handful of clients we have use Wave, which is a free Canadian accounting package. We have found that for most businesses it is not adequate, as it does not handle Australian GST very well, BAS returns need to be completed manually and it does not deal with superannuation at all. We also found the level of support when things went wrong to be non-existent. Not getting support when you need it can cost your business dearly. It is for this reason that we have moved away from Wave.
Your business software really is the core of your business and like most things, you do get what you pay for. While not free, we recommend and use Xero for most businesses that we work with. We can provide Xero for as little as $5 per month to regular clients, depending on their requirements.
Contact us and we’ll help you find a system that works for you.