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Prices start at £12 for the starter pack to £33 for the premium package. It also has a function for importing data from business bank accounts, credits cards and even PayPal. One of the best known and most reputable providers, Xero offers a range of accounting features relevant to contractors, including payroll, invoicing, inventory and expenses services. Keeping the features mentioned above in mind, here’s our selection of the best accounting software for contractors: Xero

5 best accounting software for contractors Plus, we’ve also snuck in a quick guide on what to look for when making your choice. To make the decision easier for you, we’ve compiled a list of the best accounting software for contractors on the market today. So, what is the best accounting software for contractors? The best services will make short work of these tasks and more, so that you can cut down the admin and focus on growing your business. Contractors not only need to think about sending invoices to clients and recording transactions, but they also need an accurate way to track expenses and comply with tax law.