Xero is entirely cloud-based accounting software for sole traders and small medium sized businesses. You can perform bookkeeping functions like invoicing and payroll, and minimise manual entries by enabling live bank feeds. Xero has an option to review reports on both cash-based and accrual-based accounting methods.

Akaunting is an accounting software for sole traders like freelancers and small businesses but it can also accommodate large scale businesses due to its functionality and way you can build your accounting software package based on your business needs when you grow. Just add features separately and create your comprehensive accounting software.

LessAccounting claims to be the World's simples bookkeeping software. My first thoughts are that LessAccounting may be a good starting point for students who have some bookkeeping knowledge but want to get familiar with the way how their knowledge transfers into accounting software.

Zoho Books is just a little piece in a whole puzzle. ZOHO provides multiple apps that will help you to manage not only Finance side of the business but also projects, inventory, customer service, people and much more.

Kashoo claims to be a World's simplest accounting software. Whether you need to send your first invoice, file your first tax return, or if you’re ready for traditional accounting software with customizable chart of accounts - Kashoo got the tool for you!

Crunch is cost-effective online accounting software for freelancers, startups, contractors or small businesses, and Crunch has a Free Forever Crunch package as well. Save time, money, and tax with Crunch.

Sage is widely recognised accounting software with 40+ years of the experience in the field. Get started with flexible, HMRC-recognised Sage Accounting software you can access from anywhere. Perfect for sole traders and small business owners.