6 Best WordPress Accounting Plugins 🧾 2023 (Free & Paid)

WP ERP is a comprehensive business management plugin that allows you to manage your WordPress accounting websites and businesses from one platform.

It utilizes an Enterprise Resource Planning platform and consists of human resources, corporate CRM, and financial accounting modules. With an intuitive design, this plugin makes it easy to manage your business with just one click.

The accounting system comes pre-loaded with ledger accounts for all essential aspects of business management, including assets, liabilities, expenses, earnings, etc.

This plugin provides various types of reports required by businesses, and a comprehensive review of revenues, expenses, receivables, payables, balances, etc.

It allows you to establish fiscal or financial years, create accounts for ledger plugins or bank accounts based on your organization’s needs, and have all accounts with the same opening balance. Additionally, it offers a closing balance sheet at the end of the fiscal year.

WP Ever Accounting is a plugin that helps small businesses manage their earnings and expenses, send invoices, and monitor payments and spending in real-time. For entrepreneurs, tracking their cash flow is one of the most essential tasks, and this plugin makes it possible.

This accounting solution gives businesses an easy but reliable way of keeping track of their financial activities, generating reports that help guide them financially.

The plugin offers several advantages to small business owners, making it possible for them to maintain their income and expenses without being an accountant. The integrated permissions system allows for fine-grained access controls, and accounting records can be exported to Excel.

You can create and manage bills using a variety of tools, and it is possible to bulk import customers, vendors, revenue, payments, and accounts from any 3rd party application. Several submenus are available in the main menu.

Finpose is a WooCommerce accounting plugin that allows you to manage orders, billing, and taxes all in one place. With Finpose, you can handle all your WooCommerce store needs without any difficulty.

It helps you manage taxes, expenses, and orders, saving you time each week by eliminating the redundancy of mundane financial tasks. Finpose automatically calculates tax receivables on your purchases and balances of tax are calculated every month.

Using Finpose, you can filter orders by payment methods, statuses, and amounts of information about customers. You can also get detailed breakdowns of payment methods stored and exported. However, it only works in the admin area.

The plugin allows you to save transaction fees automatically as expenses. You can assign costs and expenses to custom categories and determine your major expenditure categories.

Finpose also helps you manage vendor accounts, identify each vendor’s balance, and track costs. It provides you with profit and loss information from the previous year immediately and includes a breakdown by month.

With Finpose, you can display stock numbers provided by WooCommerce on your website and manage cash flow.

Zero BS Accounting is an accounting plugin that simplifies bookkeeping without the need for accounting or coding expertise. Its user-friendly interface displays monthly income and expenditure charts along with breakdowns for each day of the month, providing a comprehensive overview of your finances.

This accounting plugin offers exceptional flexibility, making it ideal for non-accounting professionals. By selecting the income or expense type, the plugin automatically performs calculations and displays results, reducing the need for manual data handling. The plugin does all the tracking automatically, ensuring accurate figures each month.

Zero BS Accounting provides robust security, as all data is stored on a local server. In the case of any issues, the plugin has excellent support to cover all your accounting needs for easier bookkeeping. It is even possible for users with little or no coding knowledge to utilize it effectively.

CBX Accounting & Bookkeeping is a plug-in designed for small businesses that want to set up an economic accounting system or CRM & accounting system. It allows proprietors to keep track of their income and expenditures without any accounting knowledge.

It has a simple dashboard, various tabs in plugin settings, log manager and income & expense management. This plugin is not a double-entry accounting system, but it’s perfect for proprietors who want to control their finances.

The plugin allows users to export logs in PDF and Excel formats, use several features from StatementGenerate Pro, add, edit or delete any entry in the logbook and add clients and vendors to their account.

It also has a WooCommerce integration (Pro features) and allows proprietors to manage the cash and bank accounts of their organization. They can also access the frontend account with all backend features.

Akaunting for WooCommerce is a versatile plugin that allows you to manage your finances, invoicing, and accounting with ease. This plugin features various tools to help you efficiently manage your expenses and track your accounting functions.

However, to use this plugin, you need to possess some skills in Linux, IT, and server administration, as well as knowledge on creating containers in Docker and managing them.

One of the impressive features of this plugin is that it integrates data from your WooCommerce store into accounting. It is the only option that can be found if you want a modern accounting web application such as Quickbooks Online, hosted on your server, and store your data there.

It eliminates manual data entry, accounting errors, and lets you focus on growing your business instead of bookkeeping and accounting reconciliation.

Despite this plugin’s usefulness, it has some caveats, such as its complicated installation procedure and its ease of use by anyone. On the other hand, the Akaunting for WooCommerce has a modular design that makes it a great app store plugin for both developers and users because it is easy to use.

Some of the key features of Akaunting for WooCommerce include billable expenses, easy invoicing, multi-currency capability, inventory management, bank account management, customer management, and vendor management.