5+ Best Accounting Software for Musicians and Music Industry Professionals

Image of author Nick Cotter
Nick
accounting software for musicians
March 13, 2023
-
10
min read

Managing money in the music industry can be a daunting task, and if you don't have the right accounting software in place, then it can be an even bigger challenge. Keeping accurate records of expenses and revenue is essential for any musician or music industry professional, so having the best accounting software for your needs is crucial. Fortunately, there are many great options available specifically designed to help the music industry stay organized and financially secure. In this article, we will examine 5 of the best accounting software solutions for musicians and music industry professionals.

Who is the best Accounting Software For Musicians?

The Best Accounting Software For Musicians of 2023:

Here’s our shortlist of the best accounting software for musicians I'm ranking through our extensive research and use:

  1. AccountMate
  2. Sage Intacct
  3. Acumatica
  4. QuickBooks
  5. Zoho Books

Our Review of the Best Accounting Software For Musicians:

Here is our list of the best accounting software for musicians:

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AccountMate

Newfoundrz's Software Review:
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4
out of 5

AccountMate is desktop accounting software aimed at small to medium-sized businesses. It includes features such as payroll and inventory management, along with various other accounting features.

  • Invoicing
  • Accounting and financial management
  • Payroll
  • Inventory management
  • Job costing
  • Comprehensive accounting and financial management
  • Advanced job costing and manufacturing management
  • Robust inventory and order management
  • Higher pricing for advanced features and customization
  • Limited cloud-based capabilities and mobile access
  • Limited integration options with other software
Pricing for AccountMate starts at Custom and moves up to Custom pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
Custom
Pricing Plan 2:
Custom
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  • Zapier
  • Avalara
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Sage Intacct

Newfoundrz's Software Review:
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4.2
out of 5

Sage Intacct is a cloud-based accounting software that provides financial management, inventory management, and order management features. It is aimed at businesses of all sizes and includes integrations with various other business tools.

  • Invoicing
  • Financial management
  • Order management
  • Revenue management
  • Project accounting
  • Efficient financial management and reporting for mid-sized businesses
  • Advanced order and revenue management
  • Powerful vendor and project management
  • Higher pricing for advanced features and customization
  • Steep learning curve for some users
  • Limited integration options with other software
Pricing for Sage Intacct starts at Custom and moves up to Custom pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
Custom
Pricing Plan 2:
Custom
  • Expensify
  • Stripe
  • Slack
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Acumatica

Newfoundrz's Software Review:
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4.2
out of 5

Acumatica is a cloud-based accounting software that provides financial management, inventory management, and order management features. It is aimed at businesses of all sizes and includes integrations with various other business tools.

  • Invoicing
  • Financial management
  • Inventory management
  • Order management
  • Project accounting
  • Unified platform for financial, inventory, and order management
  • Robust project and CRM management
  • Flexible and scalable customization
  • Steep learning curve for some users
  • Higher pricing for advanced features and customization
  • Limited customer support options for some plans
Pricing for Acumatica starts at Custom and moves up to Custom pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
Custom
Pricing Plan 2:
Custom
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  • Zapier
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QuickBooks

Newfoundrz's Software Review:
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4.4
out of 5

QuickBooks is a comprehensive accounting software for small to medium-sized businesses. It includes features such as invoicing, expense tracking, and financial reporting. QuickBooks is available as desktop software or a cloud-based service.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Payroll
  • Efficient invoicing and payment processing
  • Comprehensive financial reporting
  • Robust payroll management
  • Steep learning curve for some users
  • Limited customization options for invoices and reports
  • Limited customer support options for some plans
Pricing for QuickBooks starts at $30/month and moves up to $200/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$30/month
Pricing Plan 2:
$200/month
  • PayPal
  • Microsoft Excel
  • Gmail
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Zoho Books

Newfoundrz's Software Review:
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4.3
out of 5

Zoho Books is a cloud-based accounting software that provides features such as invoicing, expense tracking, and inventory management. It is aimed at small businesses and includes integrations with various other business tools.

  • Invoicing
  • Invoicing
  • Expense tracking
  • Inventory management
  • Financial reporting
  • User-friendly interface with customizable templates
  • Robust inventory and project management
  • Powerful bank reconciliation and payment processing
  • Limited mobile app capabilities
  • Some users may find the interface too cluttered or confusing
  • Limited customization options for certain features
Pricing for Zoho Books starts at $0/month and moves up to $240/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$0/month
Pricing Plan 2:
$240/month
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  • HubSpot
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Software Rankings:
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Important Features to Look For in Accounting Software For Musicians:

Accounting Software For Musicians Pricing Comparison Table:

Platform Free Trial? Pricing #1 Pricing #2
AccountMate false Custom Custom
Sage Intacct true Custom Custom
Acumatica true Custom Custom
QuickBooks true $30/month $200/month
Zoho Books true $0/month $240/month

Accounting Software For Musicians Rating Comparison Table:

Software Customer Support Performance Value Total Product Rating
AccountMate 4 4 4 4
Sage Intacct 4 4.5 4 4.2
Acumatica 4.3 4.3 4 4.2
QuickBooks 4.7 4 4.5 4.4
Zoho Books 4 4.5 4.5 4.3

Should musicians and music industry professionals consider using accounting software?

Is QuickBooks a helpful tool for musicians and music industry professionals to use?

In what ways can accounting software be beneficial for musicians and their finances?

What is the price range of accounting software designed for musicians, and what features does it offer for managing performance income, expenses, or generating invoices?

Factors we use to Rank Accounting Software For Musicians:

Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.