How to Choose the Right Accounting Software for Your Business

Written by Ben Falloon | Published on November 23, 2025 | 10 min read

Accounting software for business is a digital system that records, organizes, and reports your financial data. It connects several major workflows, such as billing, expenses, taxes, inventory, and reporting. When evaluating options, you may assess accuracy, integration capability, automation strength, and how well the system supports your operating countries and sales channels.

In 2026, realize that “financial clarity” is no longer going to be a mere luxury. Instead, it will be a competitive differentiator! Since you’re a D2C consumer brand doing $5M+ and operating across the US, UK, and Australia, you need an accounting platform that’s not just “bookkeeping software”.

Then what? The tool you pick must be a “multi-country financial system” that ties e-commerce, inventory, tax, and finance teams together. Read this article to learn how you can evaluate accounting software for business and what features you must look for.

3 Factors To Consider Before Subscribing to an Accounting Software for Business in 2026

Studies show that in 2025, the size of the global accounting software for business market is estimated at USD 21.56 billion. By 2030, it is expected to reach USD 33.47 billion, growing at an impressive 9.20% compound annual growth rate (CAGR).

Okay, but who are the main drivers of this expansion? It is small and medium-sized businesses (SMBs/SMEs). Their segment alone is valued at USD 18.64 billion in 2025 and is expected to grow at a 7.3% CAGR. It is expected that their contribution will reach USD 34.97 billion by 2034. 

But why such a high adoption rate? Accounting software for business gives real-time access to financial data and comes with automatic updates. It leads to the preparation of 100% compliant financial statements and reduced manual work. 

But these benefits can be realized only when you pick the right accounting software for your business. Let’s check out three factors you must consider at the time of evaluation:

1) Start With Your Actual Problems (Requirements-First)

Before choosing any accounting software for business, it is important to understand the real problems you want the system to solve. As a D2C brand operating in multiple countries, you need software that can handle the following in one connected setup:

  • Money flows
  • Taxes
  • Orders
  • Payouts
  • Inventory 

The advantage? When these elements work together, your books remain accurate, + your compliance risk reduces.

2) Core Functional Must-Haves + Operational Must-Haves You Should Look For

As a VP or director of a D2C company operating in multiple regions such as the US, UK, and Australia, you may pick an accounting software for business that has the following “core” and “operational” must-haves:

A) Core Functional Must-Haves

Requirement Explanation
Multi-Entity and Multi-Currency Accounting If your business runs in the US, UK, and Australia, the system should:

  • Track each location
  • Support different currencies
  • Combine all results into one clear report
Local Tax Compliance Your software must follow:

  • US sales tax
  • UK VAT
  • Australian GST rules

This allows your invoices and tax reports to be correct.

E-Commerce Integration It should connect directly with Shopify, Amazon, and marketplaces. Also, it should record payouts, fees, refunds, and discounts without manual entry.
Real-Time Inventory Sync and Cogs Stock levels should update as orders ship, and the system must calculate Cost of Goods Sold correctly so your profit numbers stay accurate.
Bank And Payment Reconciliation It should match bank transactions, payouts, and fees across countries without heavy manual work.
Access Controls And Audit Trail You should be able to set who can see or change financial data, with a clear history of all actions.


B) Operational Must-Haves

Requirement Explanation
Strong Integrations The system must connect with:

  • Shopify, Amazon, and similar platforms
  • Payment gateways
  • Fulfillment tools
  • Inventory systems
  • Tax tools like Avalara or TaxJar.
Useful Reporting It should show profit:

  • By country
  • By channel
  • By product

Additionally, it must also track gross margins and create custom KPIs your team depends on.

Scalability It should support more products, more orders, and more entities as you grow.
Revenue Recognition Rules (If Subscriptions) When selling subscriptions or advance payments, the system must follow formal accounting rules such as ASC 606 or IFRS 15 so your books stay compliant.


3) Two Architectural Choices – Which is the Right Path For You?

There are two main ways to set up your accounting and operations system. Both can support a D2C brand, but they work in different ways and suit different stages of growth. Let’s understand these options in detail and see which one may fit your business:

A) “Single-System Backbone” – Full ERP / Finance Platform

A full ERP (Enterprise Resource Planning) platform is a single system that manages the following under one structure:

  • Accounting
  • Inventory
  • Orders
  • Reporting
  • Multiple business

Want to relate to something? You can think of it as one “central hub” where all your financial and operational data lives! This approach is usually chosen by international D2C companies that want one unified place to manage activities across the US, UK, and Australia. 

However, please note that the upfront cost + setup timeline may be larger in this architecture. But you can gain a long-term foundation that supports growth and global operations without heavy integration work.

B) “Flexible Building Block System” – Accounting + Best-of-Breed Apps

This method uses a primary accounting software for business (such as Xero or QuickBooks) and connects it to separate apps for:

  • Inventory
  • Revenue
  • Tax
  • Payouts

Each app handles one part of your operations, and integrations link them together. Okay, but this approach suits which kind of businesses? It may be ideal if you prefer:

  • A lower starting cost
  • Faster setup
  • Freedom to choose specialized tools

The best part? It is also easy to replace individual apps later. However, you depend on multiple connections between systems, so you must ensure data flows correctly across all tools.

Searching Options? Accounting Software for Business You May Consider in 2026!

As a senior manager of a growing D2C business entering 2026, you must realize that choosing accounting software for business is not about picking the most popular brand. Instead, it is about matching each platform’s strengths with your:

  • Business size
  • Order volume
  • Number of countries
  • Inventory needs
  • The level of automation you want

For your reference, we have listed several tools below. They fall into two major groups: 

  • Full finance platforms that become your central system

and

  • Modular tools that work together to cover accounting, e-commerce, and inventory. 

Comparison Table: Which System Fits What Need?

Platform / Tool What It Is Who It Fits Key Strengths Things to Know
Oracle NetSuite (ERP) A full ERP system that manages accounting, inventory, orders, and multi-entity operations in one place.
  • D2C brands growing past $5M–$10M revenue
  • Selling in multiple countries
  • Needing one central system.
  • Handles multi-company accounting
  • Manages inventory
  • Supports global operations
  • Strong Shopify connector
  • Unified reporting.
Higher cost and longer setup, but it removes the need for many separate tools. 

Ideal for brands entering a “serious scale stage”.

Sage Intacct A mid-market finance system focused on accounting and automation. Often paired with a separate inventory tool.
  • Brands that need strong financial controls but prefer separate systems for inventory and operations.
  • Multi-entity accounting
  • Multi-currency
  • Strong revenue recognition (ASC 606 / IFRS 15)
  • Structured financial reporting
Does not include built-in inventory. 

You will need a WMS or OMS to complete your stack.

Xero (with inventory apps) A modern cloud accounting system with a large app marketplace.
  • Brands that want simplicity + clean design.
  • It also offers modular add-ons instead of one large system.
  • Easy to use
  • Strong integrations with DEAR, Cin7, A2X, and other D2C tools
  • Suitable for multi-country operations with the right apps.
Requires multiple add-ons for inventory, revenue, and marketplace payouts. 

Works best when integrations are carefully managed.

QuickBooks Online / QuickBooks Advanced A popular accounting software used widely in the US and UK.
  • Small to mid-sized brands needing quick setup and easy access to accountants/ bookkeepers.
  • Familiar interface
  • Large support ecosystem
  • Works with A2X, Link My Books, and many Shopify/ Amazon tools.
Supports growth but becomes add-on heavy as complexity increases. 

Often requires inventory apps for accuracy.


N
eed a pro tip? If you have a heavy supply chain, manufacturing, or complex promotions/ returns, you may favour ERP solutions that include WMS/OMS or hire established accounting outsourcing companies, like Atidiv.

Accounting Software for Business Can Expose You to Several Hidden Costs! Why Not Hire Atidiv in 2026?

So now you know how to choose an accounting software for business in 2026! Some primary factors you must consider are:

  • Multi-entity support
  • Multi-currency handling
  • Inventory integration
  • E-commerce compatibility
  • Local tax compliance
  • Reporting and analytics

But accounting software for business may not be the perfect solution! Most platforms carry “hidden costs” that often exceed the advertised subscription price. In many cases, you also need a specialized professional to operate and maintain these systems, which increases your total expenses and adds internal workload.

Don’t want that? That is why, in 2025, several D2C companies and consumer brands outsourced their accounting departments to US accounting firms like Atidiv

We are a 16+ year-old agency serving 70+ global clients. Our expert team of 390,000+ Chartered Accountants and CPAs has let our past clients save up to 60% compared to running in-house teams. We offer complete bookkeeping and strategic financial advisory services, starting at only $15 per hour. Let’s talk.

Accounting Software for Business FAQs

1. What features matter most for a $5M+ multi-country D2C brand?

You may pick an accounting software for business that offers:

  • Multi-entity + multi-currency support
  • Strong e-commerce + inventory integrations
  • Automated tax and revenue workflows
  • Auditable reporting

Additionally, you may even need a “cloud ERP” if your operations span multiple countries, channels, or warehouses.

2. How does AI/ML help in accounting software?

Studies show that in about 55% of 2024 software releases, AI/ML was integrated and helped in:

  • Automating data entry
  • Predicting cash flow
  • Flagging anomalies
  • Reducing human errors

The primary advantage? VPs and senior managers of D2C companies can prepare accurate financial statements even when daily transaction volume is high due to multi-channel sales.

3. What changed in 2025 that pushed brands toward outsourcing?

In 2025, strong growth in integrations, remote teams, and “compliance complexity” made in-house accounting expensive for D2C brandsStudies show that about 72% of small firms moved to the cloud for scalability, but many still struggled with setup and specialized staffing. This led them to outsource to expert US accounting firms, like Atidiv, which offer end-to-end accuracy at a lower cost.

Our data-
driven process unlocks growth opportunities.

1

Discover

We listen to your needs and identify where we can support you.

2

Develop

We create a tailored plan to achieve your goals.

3

Deliver

We help you grow your business as an extension
of your team.