Compare the Top Accounting Software in Australia as of October 2026

What is Accounting Software in Australia?

Accounting software is designed to help businesses manage their finances, maintain accurate financial records, and make informed decisions. This type of software enables users to track cash flow, generate financial reports, and create invoices or billing statements for customers. Additionally, accounting software can be used to generate budgets and forecasts based on past trends or current market conditions. Accounting software can also be customized with features such as inventory tracking, payroll management, tax preparation services, and other specialized tools for specific businesses. Finally, it provides a secure environment for storage of all financial information so that they are protected from potential fraud or data breaches. Compare and read user reviews of the best Accounting software in Australia currently available using the table below. This list is updated regularly.

  • 1
    Xero

    Xero

    Xero

    Xero is a powerful online accounting software for small businesses. Xero users can manage cash flow, track expenses, accept payments online, and much more – all without leaving Xero.
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    Starting Price: $20/month
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  • 2
    Epicor Financials

    Epicor Financials

    Epicor Software

    Epicor Financials is a cloud-native financial management solution that helps organizations streamline accounting processes, automate workflows, improve compliance, and gain real-time visibility into financial performance. Built on a modern cloud architecture, the platform combines core accounting, financial reporting, planning, analytics, governance, and AI capabilities within a unified ecosystem. Organizations can extend the core accounting solution through Epicor's broad ecosystem of business applications and ISV solutions. Designed exclusively for the cloud, Epicor Financials benefits from continuous innovation through regular upgrades and a modern CI/CD deployment approach, helping customers stay current without disruptive upgrades. The solution scales globally with support for multiple books, companies, sites, currencies, languages, and legal entities while maintaining centralized financial control.
    Starting Price: $13/user monthly (SaaS)
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  • 3
    Odoo

    Odoo

    Odoo

    Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. Odoo’s intuitive database is able to meet a majority of business needs, such as: CRM, Sales, Project, Manufacturing, Inventory, and Accounting, just to name a few. Odoo is an all-in-one software solution designed to meet the needs of companies, regardless of their size (or budget). The unbeatable, seamless nature of Odoo helps businesses become more efficient by reducing redundant manual processes, which helps companies save countless hours of labor. Every module is interconnected to provide a fully-integrated experience from app to app, and users can automate many processes that would’ve otherwise required manual inputs into multiple applications. Odoo keeps all business functions in one place, allowing teams to collaborate with other departments from one unified platform in the most efficient way possible.
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    Starting Price: $25.00/month/user
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  • 4
    Invoice Home

    Invoice Home

    Invoice Home Inc.

    Choose from hundreds of beautiful invoice templates to create and send custom invoices. Add a professional touch to your invoices by uploading your business logo. Add a personal touch with your own signature. Keep track of invoices on both desktop and mobile devices. Get paid instantly when using one of the supported payment gateways. Go green and avoid printing invoices on paper by emailing them directly to your customers. Creating an account is free and there is no cost for invoicing a combined total of $1000 worth of invoices every 30 days. Sign up today and start invoicing easier with Invoice Home.
    Starting Price: $9.00/month
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  • 5
    Epicor Kinetic

    Epicor Kinetic

    Epicor Software

    Epicor Kinetic is a cloud-first accounting solution within a broader manufacturing ERP platform. It connects general ledger, accounts payable, accounts receivable, project accounting, fixed assets, bank connectivity, and financial reporting with data from production, inventory, and supply chain operations. For manufacturers, that can improve visibility into costs, margins, work in process, and multi-site financial performance. Kinetic is a fit for organizations that need accounting software tied directly to shop floor and supply chain activity, with browser-based access and support for cloud, on-premises, or hybrid deployment.