9 Best Free Accounting Apps 2024

Best Free Accounting Apps: Accounting students have their work cut out for them. Though accountants are some of the highest-paid workers in the world, the path to a career in accounting is hard. Hence the need to use accounting apps.

There are numerous accounting apps created to make the work of students easier. Many of them are study aids that are useful at any point while studying.

If you have a smartphone or a tablet, there is every reason to download and use any of these accounting apps. They are some of the best educational aids you can have access to in your field.

And if you are already a practicing professional accountant, some of these apps can be very handy. They are good substitutes for the expensive applications used by big firms.

They give you what you need without costing an arm and a leg.

9 Best Free Accounting Apps

 

1. Student Accountant

Student Accountant is an accounting app developed by one of the top accounting bodies in the world, the Association of Certified Chartered Accountants, ACCA.

The app is free and is mostly updated. To really get the best app though, you need to be registered as a student of ACCA. However, any accounting student can also use it.

As an ACCA student, the app would keep you up to date with exams, news from the world of accounting, career advice, quizzes, technical articles and much more.

So if you are a student of ACCA, it would be a shame if you don’t have this app. You can download it here for Android devices or here for iOS devices.

 

2. Exam Expert

This is also another free accounting app from ACCA.

As the name implies, it is an exam-focused app that uses videos as a study aid. All ACCA students should have this app as it is always updated throughout your journey to being an ACCA-certified accountant.

Basically, all types of ACCA qualification exams are covered using video tutorials. You don’t want to miss out on a wonderful app.

It is a free app. You can download the Android version here. While those with iOS devices can go here to download it.

 

3. Accounting Calculator

 

 

Accounting students are aware that standard calculators do not have some of the features needed to handle some of the complex calculations they come across.

Accounting Calculator by Yuki   is an accounting app that takes care of this problem. This calculator has provisions for percentage calculations.  There are also functions for including or excluding tax to get accurate results.

The app can display up to 12 digits on the screen. This makes it awesome when handling complex calculations where you don’t have to round up answers to ensure accuracy in your final results.

The downside of this app is that it is only available to Android devices at the moment. However, it is a free app, and you can download it from here.

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4. Mint

 

 

This is a powerful free app that does a lot of things that accounting students and professionals would find useful.

As professional accountants, Mint gives you all the relevant financial and tax information, tools and news anytime you need them.

For students, though, using the Mint app is an opportunity to put their accounting skills to the test and see how it measures up to international standards.

The app has many features, and students can customize it to help them track their credit card spending and other financial records.

Android users can download it here, while iOS devices can get it here.

 

5. Learn Accounting

 

 

Learn Accounting from WAG Mobile Software Services is a complete accounting app for accounting courses.

The Learn Accounting app comes in a bundle that contains about 300 learning apps covering several disciplines.

The free version gives you access to the first chapter of the courses in the app. If you want to get access to the full material, it would cost you only $10.

Courses covered by Learn Accounting include Accounting introduction, Accounting Vocabulary, Double Entry Accounting, Accounting Cycle and Equations, Managerial and Cost Accounting, Profit and loss, and many others.

Over 4 million people in about 175 countries are using the app. So it must be doing so many things very well.

You can download the app for Android and iOS devices here and here respectively.

 

6. GnuCash

 

 

GnuCash is one of the oldest accounting apps in the world. Since the 1990s, it has been helping individuals and small businesses handle all their accounting needs.

Some of the features include the ability to handle invoicing, employee expenses, for example, exchange calculations, and payroll features too.

Students can use this app to have practical experience on how small businesses handle their accounting problems.

It is surprising that the developers have kept this awesome and flexible accounting app completely free.

GnuCash is only available for Android devices and can be downloaded here.

7. Money Manager Ex

 

 

This is another free and great accounting tool that can be used by traders, in the home or as a practical learning tool for students.

The app is one of the easiest accounting apps to understand. Another amazing feature of this app is that you can also carry the portable version on your portable flash drive.

Unfortunately, users of iOS devices would have to wait for a compatible version to be developed for them. The Android app can be downloaded here.

 

8. Turbo Cash

 

 

Turbo Cash is a free accounting software that is designed for owners of small and medium scale enterprises.

As a student, if you need a bit more complex accounting software that is also free, Turbo Cash would do just fine. It can handle everything from VAT calculations, purchase orders, debtors, and creditors.

Unfortunately, this app is not available for mobile devices. You would need your laptop to access it.

But it is highly recommended for students to use as they make the gradual shift from simple to complex accounting apps used by the very big businesses.

You can access free Turbo Cash from here.

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9. Adminsoft Accounts

 

 

This is another free computer-only accounting app specially designed for businesses.

The app can handle invoicing, statements of account stock control, purchase orders, and budgeting. As an additional bonus, it can also handle human resources issues too.

With a bit of creativity, students would be able to utilize the app as a study aid to get hands-on experience on how businesses handle their accounting issues

Follow this link to install the program on your computer.

 

Benefits of using free accounting apps for Studies

Accounting apps today have the capability to enrich the student’s learning experience. Here are some of their benefits:

 

Increased Accuracy

A big advantage of using an accounting app is the accuracy it offers. When you keep track of financial data, you can make mistakes. This can be bad for any business. But with accounting apps you get instant calculations and automated data entry, which lowers the possibility of errors. This makes sure finances are efficiently monitored and utilized for their correct purposes.

 

Time Efficiency

Accounting software largely saves time. This means you can undertake activities such as data entry, calculation, report generation, and fund tracking in no time. Through automation, you can create time for other essential projects.

 

Real-Time Tracking and Reporting

Accounting apps offer monitoring of funds and financial data in real-time. This enables the presentation of accurate and latest financial data, streamlining administrative tasks and enriching decisions. The instant report generation feature engenders transparency and full disclosure as anyone can trace how funds are being utilised.