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Accounting software for a small business?



New Member
What would you recommend is the best accounting software for a small business?

Xero, FreeAgent, QuickBooks, or something else?

Has anyone used Money Manager from Moneysoft and how does it compare? It's just a one off purchase, so no subscription is required which is a big bonus.

I like the look of FreeAgent but the cost is at least £190 + VAT per year (after the 1st year) so it's not cheap.

I'd also be interested in what you think about the invoicing capabilities (if any) of the applications.