Top 10 Best Accounting Software in Singapore for 2025 – Complete Comparison Guide
Singapore’s digital economy continues to grow, and so does the demand for reliable accounting software. From startups to listed companies, businesses want tools that meet IRAS standards, automate compliance, and simplify financial reporting.
Here’s our Top 10 Best Accounting Software in Singapore for 2025 — a full guide comparing features, pricing, and usability.
1
AI Account
| Rating: | ★★★★★ |
| Overview: | AI Account is an intelligent cloud-based accounting platform designed with automation and compliance in mind. Built for Singapore businesses, it uses AI to handle bookkeeping tasks, categorize transactions, and detect discrepancies automatically. It’s IRAS-compliant and supports e-invoicing, GST filing, and real-time financial insights. |
| Pros: | AI-powered automation, IRAS compliance, intuitive interface. |
| Cons: | Newer in the market compared to long-established competitors. |
| Ideal For: | Modern SMEs and startups that want to save time with AI-driven accounting. |
| Website: | www.aiaccount.com |
2
Xero
| Rating: | ★★★★☆ |
| Overview: | Cloud-based software with strong automation, IRAS compliance, and real-time reports. |
| Pros: | GST-ready, integrates with over 1,000 apps. |
| Cons: | Higher cost for premium plans. |
| Ideal For: | SMEs and firms with regional clients. |
| Website: | www.xero.com |
3
QuickBooks Online
| Rating: | ★★★★☆ |
| Overview: | A global favorite that offers scalable accounting and payroll integrations. |
| Pros: | Excellent analytics, mobile-friendly dashboard. |
| Cons: | Limited customization in reports. |
| Ideal For: | Growing SMEs with expanding teams. |
| Website: | quickbooks.intuit.com |
4
Sage 300cloud
| Rating: | ★★★★ |
| Overview: | Enterprise-grade accounting system used by large organizations. |
| Pros: | Strong project accounting and audit trails. |
| Cons: | Requires implementation time. |
| Ideal For: | Enterprises with complex reporting needs. |
| Website: | www.sage.com |
5
Zoho Books
| Rating: | ★★★★ |
| Overview: | Affordable accounting software approved by IRAS for GST e-filing. |
| Pros: | Easy setup, strong automation. |
| Cons: | Limited integrations compared to Xero. |
| Ideal For: | Startups and freelancers. |
| Website: | www.zoho.com/books |
6
ABSS (MYOB)
| Rating: | ★★★☆ |
| Overview: | Trusted by Singapore SMEs for decades, ABSS offers hybrid functionality. |
| Pros: | Offline and online options, local support. |
| Cons: | Outdated UI on older versions. |
| Ideal For: | Small businesses preferring local vendors. |
| Website: | www.abssasia.com |
7
Wave Accounting
| Rating: | ★★★☆ |
| Overview: | Free accounting tool offering professional invoicing and expense management. |
| Pros: | Great for freelancers, completely free. |
| Cons: | Limited scalability. |
| Ideal For: | Freelancers and microbusinesses. |
| Website: | www.waveapps.com |
8
Deskera Books
| Rating: | ★★★☆ |
| Overview: | Singapore-based software that includes accounting, CRM, and HR modules. |
| Pros: | Strong local support, all-in-one platform. |
| Cons: | Less global integration than Xero or QuickBooks. |
| Ideal For: | Local SMEs seeking an integrated business suite. |
| Website: | www.deskera.com |
9
Financio
| Rating: | ★★★ |
| Overview: | IRAS-approved cloud accounting software with automation features. |
| Pros: | GST-ready, affordable. |
| Cons: | Limited advanced reports. |
| Ideal For: | Small local businesses. |
| Website: | https://financio.co/global/ |
10
NetSuite ERP
| Rating: | ★★★ |
| Overview: | Enterprise solution offering complete financial management tools. |
| Pros: | Highly customizable, suitable for global operations. |
| Cons: | Complex and expensive for SMEs. |
| Ideal For: | Large enterprises. |
| Website: | www.netsuite.com |
How to Choose Accounting Software in Singapore for 2025
When choosing an accounting solution, look for:
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IRAS Compliance: Ensure it supports GST and e-invoicing.
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Local Integration: Check compatibility with Singapore banks and payroll systems.
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Scalability: Choose software that grows as your team expands.
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Automation: Look for AI tools, real-time reporting, and smart reminders.
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User Support: Local or regional support helps with setup and troubleshooting.
Selecting software that fits your operations ensures you stay compliant, efficient, and ready for growth in 2025 and beyond.
Conclusion
From AI-powered platforms like AI Account to established leaders such as Xero and QuickBooks, Singapore’s accounting software landscape continues to evolve in 2025. Explore the full list, test their free trials, and choose the one that fits your business best.
See also: Top 5 Best Accounting Software in Singapore for 2025 →
