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Banana Accounting

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Company health

Employee growth
8% increase in the last year

Ratings

G2
3.9/5
(15)

Banana Accounting description

Banana Accounting is professional accounting software designed for small businesses, non-profits, and individuals. It offers an easy-to-use double-entry accounting system with features such as invoicing, budgeting, and inventory management. Banana Accounting stands out with its intuitive spreadsheet-like interface, making it simple to understand and use. It offers a free plan for basic needs, with paid plans unlocking additional features for growing businesses. Banana Accounting prioritizes efficiency and control, letting you focus on your business while simplifying financial management.


Who is Banana Accounting best for

Banana Accounting is an intuitive, spreadsheet-like accounting software perfect for small businesses, non-profits, and individuals. It simplifies financial management with features like invoicing, budgeting, and inventory tracking. A free plan is available, with paid plans offering advanced features.

  • Best for small to medium-sized businesses.

  • Suitable for various industries.


Banana Accounting features

Type in the name of the feature or in your own words tell us what you need
Supported

Banana Accounting can generate balance sheets, P&L statements, and likely cash flow statements.

Supported

Banana Accounting supports inventory tracking and multi-location management.

Supported

Banana Accounting supports core accounting functions like recording, classifying, and summarizing transactions.

Supported

Banana Accounting supports time tracking for projects and tasks using the Time Sheet feature.

Supported

Banana Accounting supports creating and managing budgets, and likely project budgets through customization.


Banana Accounting pricing

The commentary is based on 5 reviews from Banana Accounting G2 reviews.

Banana Accounting is praised for its affordability and value for money, especially for small businesses, freelancers, and non-profits. Users highlight its cost-effectiveness and suitability for organizations with limited budgets. While some mention integration challenges, the overall pricing sentiment is positive.

See the Banana Accounting pricing page.

PROFESSIONAL

60.00

Annual subscription to Banana Accounting Plus - PROFESSIONAL plan.

ADVANCED

129.00

Annual subscription to Banana Accounting Plus - ADVANCED plan.

Banana Accounting 9

105.00

Single perpetual license for Banana Accounting 9 for Windows, Mac or Linux. Last updated in 2019: to be considered "unstable" for Win 11, Mac OS Big Sur, Monterey, Ventura.


Banana Accounting alternatives

  • Logo of QuickBooks Online
    QuickBooks Online
    Better for small to medium-sized businesses. Offers online payments, billing automation, and expense reporting. Integrates with Intuit API. Note that some users report unreliable bank connections and long customer support wait times.
    Read more
  • Logo of ProfitBooks
    ProfitBooks
    Better for small to medium-sized businesses seeking free accounting software. Has online payment features and is growing faster.
    Read more
  • Logo of QuickBooks Desktop Enterprise
    QuickBooks Desktop Enterprise
    Better for larger businesses. More industry-specific applications. Locally installed with cloud access. Negative pricing sentiment. Users report data backup issues and payroll challenges.
    Read more
  • Logo of Xero
    Xero
    Better for a wider range of industries. More automation features like bank feeds and integrations with other apps. Xero, a strong Banana Accounting competitor, has positive reviews on its user-friendly interface and reporting options, but some users dislike recent price increases and invoicing changes. It is a popular Banana Accounting alternative.
    Read more
  • Logo of Infor SyteLine / Infor CloudSuite Industrial
    Infor SyteLine / Infor CloudSuite Industrial
    Better for larger manufacturing businesses and offers more comprehensive features for managing complex production processes. A popular Banana Accounting alternative and competitor.
    Read more
  • Logo of Akaunting
    Akaunting
    Open-source and self-hostable. Has a free version. Offers an app store with additional modules. Is growing faster in terms of website traffic. However, users report bait-and-switch pricing tactics, unreliable software, poor customer support, and aggressive billing. Rated lower than Banana Accounting by users on several platforms.
    Read more

Banana Accounting FAQ

  • What is Banana Accounting and what does Banana Accounting do?

    Banana Accounting is user-friendly accounting software for small businesses, non-profits, and individuals. Its spreadsheet-like interface simplifies double-entry bookkeeping, invoicing, budgeting, and inventory management. It offers both free and paid plans to suit various needs.

  • How does Banana Accounting integrate with other tools?

    Banana Accounting integrates with other tools through its import and export functionalities, allowing data exchange with spreadsheets and other accounting software. It also offers integration with various online banking services. More specific integrations are not detailed in the provided data.

  • What the main competitors of Banana Accounting?

    Alternatives to Banana Accounting include QuickBooks Online, ProfitBooks, and Akaunting. These competitors offer similar features like invoicing, expense tracking, and financial reporting. QuickBooks Online caters to small and medium businesses, ProfitBooks focuses on ease of use and a free plan, while Akaunting is open-source and adaptable.

  • Is Banana Accounting legit?

    Banana Accounting is safe and legitimate software for small businesses and individuals seeking an easy-to-use double-entry accounting system. With positive ratings and features like invoicing and budgeting, it appears to be a reliable choice. However, consider exploring alternatives like QuickBooks or ProfitBooks depending on your specific needs.

  • How much does Banana Accounting cost?

    Banana Accounting Plus offers PROFESSIONAL and ADVANCED plans priced at $60 and $129 per year, respectively. A perpetual license for Banana Accounting 9 costs $105. Additional paid add-ons and support options are available. There is no free trial or free plan.

  • Is Banana Accounting customer service good?

    Customer reviews on Banana Accounting's customer service are mixed. Some users praise its excellent and easy-to-connect-with support. Others express frustration with slow and unresponsive service, especially when encountering issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.