The Best WordPress Accounting Plugins for Your Business
Last Updated November 13, 2023
A WordPress accounting plugin helps website owners to manage their finances and keep track of their income and expenses. It’s a useful tool for businesses and individuals who use WordPress as their website platform and need to manage their finances in an organized and efficient manner in one place.
An accounting plugin typically includes features such as invoicing, payment tracking, expense management, and financial reporting. It can also integrate with payment gateways and other financial tools to streamline the payment process.
One of the key benefits of using a WordPress accounting plugin is that it can save time and reduce errors. Automating tasks such as invoicing and payment tracking eliminates the need for manual data entry and reduces the risk of errors. It also provides real-time financial data, allowing website owners to make informed decisions about their finances.
Overall, a WordPress accounting plugin is a useful tool for businesses and individuals who need to manage their finances on their websites. It provides a range of features to help streamline the financial management process and can save time and reduce errors.
So, with all of that in mind, let’s take a look at some of the best WordPress accounting plugins currently available from the community.
Popular WordPress Accounting Plugins
Each of the WordPress accounting plugins we will be discussed today is available from the repository at WordPress.org. You can download the plugins manually and then upload them to your WordPress installation to get started. Another method is to install and activate them via the Plugins screen of the WordPress admin itself. Either approach will work.
We have summarized each of the plugin’s features and capabilities. Our goal is to give you a few good choices to try by the end of the post. One thing to note, before we start, is that many of these plugins work on a freemium model. That means the core plugin is free and the developers sell another version, or add-ons, for a fee that offers additional functionality. In those cases, we have described exactly what you get when you pay.
WP ERP is an Enterprise Resource Planning plugin with multiple systems that help you manage your business and website altogether. You can set up your own company profile, easily manage your employees and operations, as well as view all modules. There is support for more than 44 currencies and notification emails with templates and shortcodes.
You may list all your departments and designations, manage locations, let your employees request leaves, check attendance, and mass share any announcements. Contact groups can be put together and notes can be made for each customer. You can schedule your meetings and check activity logs when needed, as well as filter your contacts using keywords and attributes.
Accounting for your company is made much simpler as you have a dashboard to track all your incoming and outgoing money. You can set an opening balance for all accounts, manage sales, create quotes, receive payments, and track expenses. WP ERP even covers things like taxes, journal entries, and preloaded ledger accounts. The plugin creates reports for different sections for things like employee details, CRM activity, and business growth. There are also reports for your ledger, statements, and balances.
This product was initially released by its creator in March of 2016. It is currently on version 1.12.7 and last saw a change on September 21st, 2023. The newest release operates on WordPress 6.3.2 and requires at least PHP 7.2 to work on your server. This plugin is actively functioning on over 8,000 WordPress websites. It has had over 572,370 downloads. There have not been many help requests from end-users. Reviews for this plugin are very positive. Many of the customers who left an evaluation found WP ERP | Complete HR solution with recruitment & job listings | WooCommerce CRM & Accounting to be useful.
WP ERP Pro is the paid version of the plugin with 9 add-ons on top of the core plugin to push its capabilities further.
These add-ons include advanced leave management that allows you to create multiple types of leave within the organization. There is an HR Frontend that displays the HR Module on your website for staff to use. It syncs with Awesome Support, Gravity Forms, MailChimp Contacts, Salesforce Contacts, and Hubspot Contacts so you can adopt features and copy important information and mailing lists. There is integration as well for Help Scout and Zendesk to help view data and respond to clients more promptly.
Additionally, you can purchase additional extensions based on what you need. Some examples include more payment gateways, recruitment methods, attendance checks, and training programs. There are also extensions for WooCommerce integration, field builders, organizing payroll and deals, workflow, documents, assets, and inventory.
WP Ever Accounting
WP Ever Accounting acts as an easy and professional accounting solution for your business needs. This WordPress accounting plugin can be used for tracking your income and expenses, sending invoices, and managing your finances in general. It includes other features like using multiple currencies, managing vendors and customers, and creating bills.
Plugin users can make an unlimited amount of bank and cash accounts and track their balances. You can even add deposits and transfers between accounts. Transaction categories can be created and you can use items as products or services. Importing and exporting can be done easily in bulk. So you can transfer your accounting records quickly and without hassle. Detailed reports are also available to help you visualize information and understand what needs to be improved on in your business.
This plugin was first released by its owner in November of 2019. It is actively on version 1.1.7 and last had a change on November 15th, 2023. The newest update works on WordPress 6.4.1 and requires at least PHP 5.6 to operate on your server. This plugin is now functioning on over 1,000 WordPress websites. It has had over 16,230 downloads. There have been 4 assistance requests with a 100% response rate. WP Ever Accounting – Accounting for small business is well supported by its developer. Reviews for this plugin are very positive. Many of the users who left a review found this plugin to be wonderful.
CBX Accounting & Bookkeeping
CBX Accounting and Bookkeeping is a simple plugin that helps small businesses easily keep track of their finances inside WordPress. Core features include an overview dashboard, and a manager for your logs, income and expenses, and bank accounts. You can add, edit, and delete your logs as needed and put your income and expenses into categories.
You may have front-end accounts that can access back-end features. This is made possible with roles that can have varying permissions and capabilities. On your dashboard, you can see quick summaries, reports, and graphs of cash flow within your chosen time frame. There is even a pie diagram of these by category if needed. Search your logs by different details and export your data as a PDF or Excel spreadsheet. The plugin also has a free add-on available that lets you list, sort, and manage vendors or clients.
This product was initially published by its owner in October of 2015. It is now on version 1.3.14 and last underwent an update on August 15th, 2020. The newest release works on WordPress 5.5.13. This plugin is now running on over 200 WordPress websites. It has had over 17,480 downloads. There have not been many support requests from customers. Reviews for CBX Accounting & Bookkeeping are very positive. Many of the users who left a piece of feedback found CBX Accounting & Bookkeeping to be wonderful.
CBX Accounting and Bookkeeping doesn’t necessarily have a Pro version but it has three premium add-ons you can purchase.
The Statement add-on allows you to create statements and filter them by category, income and expense, accounts, and vendors. You may export them as a PDF or Excel spreadsheet with a breakdown by category or account.
The Frontend add-on creates a dashboard and log manager that can be seen from the front of your website. This allows users with the appropriate role can add and edit income and expenses, attach files, and create statements.
The WooCommerce add-on integrates this WordPress accounting plugin with WooCommerce. This gives you the option to create special categories for sales from your store and logs if orders have been completed, refunded, or canceled.
Profitori is a WordPress accounting plugin with a focus on WooCommerce. This plugin provides additional and necessary business functions that are typically found in Enterprise Resource Planning systems. It includes a basic CRM, ways you can control inventory, receive reports to analyze sales, and track purchasing, accounts payable, and stocktake.
Label printing is easy with a flexible layout, barcodes, and QR codes. You can add markup or put automatic discounts on your products. Multiple currencies are supported. Search across all your documents and text attachments if needed. PDFs can be emailed to your suppliers and customers automatically and information can be downloaded to an Excel spreadsheet.
This piece of software was originally published by its owner in May of 2020. It is presently on version 18.104.22.168 and last saw a change on December 4th, 2022. The latest release functions on WordPress 6.1.4 and requires at least PHP 5.6.0 to function on your server. This plugin is currently working on over 500 WordPress sites. It has had over 30,660 downloads. There have not been many support requests from end-users. Reviews for this plugin are very positive. Many of the users who left a piece of feedback found The E-Commerce ERP: Purchasing, Inventory, Fulfillment, Manufacturing, BOM, Accounting, Sales Analysis to be worthwhile.
Profitori Pro is the premium version of the plugin with more advanced features. You can conveniently try the Pro version for free with a 90-day trial period. This can be done without a credit card.
Pro further extends the capabilities of the plugin by adding features for managing manufacturing, assembly, fulfillment of orders, transport, and ways to track serial and lot numbers. It also aids in accounting as you can see accounts receivable, commissions, and sales order entries. You may also manage packing lists, see bills of material and recalls, allocate lots to sale orders, and do rationing. Finally, Profitori Pro comes with a dashboard to overview all of your data.
Finpose is the final WordPress account plugin on our list. This plugin was designed to fulfill your WooCommerce accounting needs that may be difficult to deal with. That includes handling taxes, spending, orders, and your accounts. Letting the plugin take care of these gives you the ability to focus and stay productive by using your time elsewhere.
You can add your expenses and costs to the plugin and split them into custom categories. This helps you find out which categories garner the most spending. You can export your data to give to an accountant. Tax receivables are automatically calculated as well as the tax balance for each month. Orders may be filtered by payment method, status, and amount. Your customer data and payment breakdowns are provided as well.
Every action made from your accounts may be checked, including the bank accounts, cards, and payment gateways. The plugin supports 40+ languages, multisite, AJAX requests, integrated charts, and access control.
This plugin was first released by its owner in July of 2021. It is actively on version 4.5.2 and last underwent an update on June 9th, 2022. The most recent version runs on WordPress 5.8.8 and requires at least PHP 5.4 to work on your server. This plugin is actively working on over 400 WordPress sites. It has had over 3,390 downloads. There have not been many assistance requests from end-users. Reviews for Finpose – Accounting for WooCommerce are very positive. Many of the customers who left a review found this plugin to be useful.
Finpose Pro is the premium version of the plugin with more features and data to further help with any accounting needs on your site.
Inventory is added and integrates with your existing WooCommerce stock numbers. It can help you track your cost of goods sold as well as your profit margins. An annual profit loss report is available instantly, along with monthly breakdowns, allowing you to compare any changes that happen over time.
You can manage your vendor accounts, see their balances, and add or track payments. The best thing is Finpose Pro has a dashboard that lets you see all your financial data on one page.
Find the Best WordPress Accounting Plugin
All of the WordPress accounting plugins we discussed here are very good. You can give a few of them a try before you settle on the perfect one for your needs. Keep in mind some of the following while evaluating your choices:
- Invoicing: Your choice should have a feature to create and send invoices to clients.
- Payment tracking: It should be able to track payments and send reminders for overdue payments.
- Expense management: The plugin should enable you to track expenses and categorize them for easy reporting.
- Financial reporting: It should provide financial reports, including profit and loss statements, balance sheets, and cash flow statements.
- Tax management: The WordPress accounting plugin should be able to calculate taxes and generate tax reports.
- Integration with payment gateways: The plugin should integrate with popular payment gateways to streamline payment processing.
- Multi-currency support: If you sell products or services to clients in different countries, the plugin should support multiple currencies.
- Security: The plugin should be secure and protect your financial data.
- User-friendly interface: The accounting plugin should have a user-friendly interface that makes it easy to use and navigate.
By considering these key features, you can find a WordPress accounting plugin that meets your needs and helps to streamline your financial management process.
Looking for More Ways to Improve WordPress?
If you’re looking for a solution for your client’s website, we hope you’ve found a useful WordPress accounting plugin. Before you leave, we recommend exploring our White Label WordPress plugin as well. It’s perfect for people who work on WordPress projects for clients.
White Label is designed for WordPress developers like you who want to customize the admin experience for clients. Our plugin allows you to redesign the WordPress login page, rebrand colors and logos, edit and rename menu items, and much more.
Take a closer look at the full list of features to discover everything that White Label has to offer. The plugin simplifies WordPress for your clients and makes it easier for you to provide support.
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