5 Best Accounting Software in Hong Kong in 2025 + Free Options

Tired of wasting time fixing accounting errors or chasing invoices? While manual bookkeeping is still a common practice for businesses, it can slow you down and leave room for mistakes. In fact, 88% of manual accounts payable spreadsheets contain errors. 

The right accounting software can simplify your workload, reduce errors, and give you a clearer view of your finances. In Hong Kong, choosing a tool that aligns with local accounting standards is just as important as finding one that is easy to use.

In this guide, you’ll find 5 reliable accounting software options tailored for businesses in Hong Kong, plus a few free tools worth considering if you’re just getting started. Whether you're running a startup or scaling an established business, these solutions can help you stay compliant, work more efficiently, and focus on growth.

Accounting software is a specialised program that handles tracking and recording all financial transactions in a company. This includes invoicing, accounts payable, accounts receivable, income, expenses, revenue, assets, and liabilities. It helps accountants and bookkeepers streamline their work and save time. 

The software often features reports that provide insights into a business's financial health, along with automation of processes and integration with various business tools. Additionally, some accounting software solutions are part of broader enterprise resource planning (ERP) systems, which combine essential business functions like accounting, inventory management, and financial planning into a single platform.

If you are looking for accounting software, you’ll find many options on the market. A key to making the right choice is considering your business goals and identifying the features that will help you achieve them. 

Here are some fundamental considerations to keep in mind while you are choosing the best accounting software for your business.

• Types of Accounting Software: Choose between cloud-based software for remote access and real-time collaboration, desktop software for offline use, open-source tools for customisation (if you have technical know-how), or full ERP systems for larger businesses needing integrated solutions across finance, HR, and inventory.
• The Full Suite of Features: Prioritise features that support your daily operations—automated bank reconciliation, third-party integrations, customisable financial reports, OCR-enabled document scanning, payroll processing, and multi-currency support for international transactions.
• Fees: Understand both the upfront pricing and any ongoing costs for additional users or premium features. Some providers offer one-time licenses, others use subscription models. Always check for hidden fees and consider annual plans for potential discounts.
• Ease of Scaling or Switching: Make sure the software can grow with your business, like supporting more users, data, and functionality over time. Also, check if it offers simple data export options, so you're not locked in if you need to change providers.
• Data Security: Look for strong security features such as data encryption (e.g., AES-256), two-factor authentication (2FA), role-based user access, and secure cloud hosting. These are essential for protecting sensitive financial information.

Xero is a strong option for small businesses that want a cloud-based online accounting software without a complicated setup. It helps manage your business finances remotely, making it easier for entrepreneurs who operate across different markets or work outside of Hong Kong. Xero also offers a mobile app for managing invoices, expenses, and bank account reconciliation on the go.

The platform connects easily with business accounts, helping automate bookkeeping and streamline everyday workflows. With a 30-day free trial, it’s a practical choice for companies exploring software for business accounting before making a commitment.

Xero Plans & Key Features

Xero’s features vary by plan, giving businesses the flexibility to choose what fits their size and needs. Here’s a comparison of what’s included in each plan:

Additional features across all plans include real-time collaboration, reporting tools, integration with hundreds of apps, and easy migration from Sage or QuickBooks.

Xero Pricing

• Free Trial: 30 days, no credit card required
• Starter: USD 29/month (approx. HKD 225)
• Standard: USD 46/month (approx. HKD 359)
• Premium: USD 69/month (approx. HKD 535)

For more information, please refer to this Xero Hong Kong pricing page.

Xero Pros & Cons

QuickBooks, developed by Intuit, is a cloud-based accounting solution designed for small businesses. While the original software launched in 1992, the online version was introduced later to meet the growing demand for web-based tools. QuickBooks online accounting software helps track and organise financial data while automating tasks such as expense categorisation and invoice management.

Today, the software is being used by 7 million users globally. 

QuickBooks Plans & Key Features

QuickBooks offers four cloud-based plans with features that scale as your business grows. Here's a simplified comparison of the main differences:

All plans include financial data tracking, GST and VAT tracking, expense management, bank transaction syncing, data import, mobile access, Shopify integration, and customisable reports.

QuickBooks Pricing

• Free Trial: 30-day trial available, or get 50% off your first 3 months when subscribing immediately
• Simple Start: HKD 152/month
• Essentials: HKD 225/month
• Plus: HKD 308/month
• Advanced: HKD 590/month

For more details, please visit the QuickBooks Hong Kong pricing page.

QuickBooks Pros & Cons

ABSS, formerly known as MYOB South Asia, offers desktop accounting software designed to support the financial management needs of SMEs in Asia. It remains popular in markets like Malaysia, Singapore, and Hong Kong, where businesses often prefer offline access and more traditional accounting processes.

The software includes key functionality such as invoicing, payments, and accounts receivable, with versions available in Traditional Chinese and English. It’s a practical choice for small businesses that want a one-time purchase model without ongoing subscription fees.

ABSS Plans & Key Features

ABSS offers two main desktop-based software plans designed for business owners who prefer offline access and a one-time purchase model. Here's how the key features compare:

Both plans include custom reports, audit trail, recurring transaction reminders, and integration with MS Word and Excel and are available in both Traditional Chinese and English to suit local business preferences.

ABSS Pricing

• Free Trial: 7-day trial available
• ABSS Accounting: Starting at around HKD 4,000 (one-time purchase)
• ABSS Premier: About HKD 5,000 to 10,000 (one-time purchase)

Pricing for ABSS depends on the version you choose (Mac or Windows) and whether you need multi-user access. You can arrange an online demo or download a 7-day free trial to test it before making a decision.

For the most accurate and up-to-date pricing, it’s best to contact ABSS’s official Hong Kong distributor directly.

ABSS Pros & Cons

Sage is a global software provider offering ERP and accounting solutions for businesses that need more than basic bookkeeping. In Hong Kong, the focus is on Sage 300, a business management system that brings accounting, inventory, and operations together in one platform.

Its simple user interface and modular setup make it a practical choice for businesses looking for flexibility and long-term scalability. Whether you operate locally or across multiple entities, Sage provides the structure to manage financial data with control and efficiency.

Sage Plans & Key Features

Sage offers a range of software products, with options like Sage 50 available in select regions. For Hong Kong businesses, the main offerings are Sage 300 (on-premise) and Sage 300cloud (cloud-connected). Key features include:

• Financial Management: Manage general ledger, accounts payable and receivable, and tax reporting, with support for multi-currency and multi-company operations.
• Inventory & Order Management: Track inventory across multiple locations and manage purchase and sales orders in one integrated system.
• Project & Job Costing: Monitor project budgets, time, and expenses with tools built for service-based and contract work.
• Payment Integration: Process payments directly within Sage 300, including support for common payment platforms.
• Reporting & Insights: Generate financial reports and use dashboards to gain real-time visibility into business performance.
• User Access & Interface: Accessible via desktop or web browser, with user interface options in English, French, Spanish, and Traditional Chinese.
• Scalability: Add features and users as your business grows, with deployment options available for both on-premise and cloud-connected environments.

Sage Pricing

Sage 300 is offered on a subscription basis, but pricing details are not listed on the Hong Kong website. There’s no free trial, but demo access is available upon request.

Sage Pros & Cons

NetSuite is a cloud-based ERP system that helps businesses streamline operations across finance, HR, CRM, and more. Originally launched as NetLedger in 1998 and rebranded in 2003, it offers an all-in-one platform for managing key business functions.

Its finance and accounting tools are widely used to handle reporting, compliance, and multi-entity management. With over 38,000 customers in 219 countries and territories, NetSuite is a popular choice for companies looking to scale with structure.

NetSuite Plans & Key Features

NetSuite offers a single cloud financial management software tailored to businesses with complex financial and operational needs. Here are the key features:

• Core Accounting: Manage general ledger, accounts, and reporting with tools built for multi-entity and multi-currency operations.
• Billing & Revenue Management: Automate billing cycles, revenue recognition, and recurring revenue for subscription-based businesses.
• Integrated Operations: Connect finance, sales, and fulfilment in one system to streamline end-to-end business workflows.
• Planning & Forecasting: Use built-in tools for budgeting, forecasting, and scenario planning to support better financial decisions.
• Compliance & Controls: Manage risk, internal controls, and regulatory compliance with customisable workflows and audit trails.
• Real-Time Reporting: Access live dashboards and generate financial reports on demand for better visibility and faster insights.

NetSuite Pricing

NetSuite offers a free demo, but pricing information is not available on the website. For details, you will need to contact NetSuite directly.

NetSuite Pros & Cons

If you're just starting out as a freelancer or small business owner and find accounting overwhelming, exploring free tools can be a helpful first step. Fortunately, there are a few free accounting software options available in Hong Kong.

That said, most free plans come with limitations, such as fewer features, limited user access, or revenue caps. As your business grows, you may eventually need to upgrade to a paid version. Here are two free accounting software providers to consider:

1. NCH Express Accounts – A free desktop accounting software designed for small businesses with fewer than five employees. It offers essential tools for invoicing, tracking income and expenses, and generating financial reports.
2. Zoho Books (Free Plan) – A cloud-based accounting solution ideal for solopreneurs or micro businesses with limited revenue. The free plan includes tools to create invoices, track mileage and expenses, set up recurring billing, and accept online payments through integrated gateways like Stripe or PayPal. It also offers access to over 50 financial reports, including profit & loss, balance sheets, and tax summaries.

To wrap things up, here’s a quick comparison of the top accounting software options available in Hong Kong, so you can easily see which one fits your business needs.

Choosing the right accounting software for your business in Hong Kong depends on your size, setup, and long-term goals. While we’ve covered five solid options, software alone won’t streamline your finances. To truly simplify your accounting, you also need a business account that integrates smoothly with your tools, not against them. 

Statrys Business Accounts integrate directly with Xero, making reconciliation easier and more accurate. Transactions are tagged in line with accounting standards, so your books stay clean and your reporting stays reliable. Whether you're just getting started or scaling into new markets, this setup saves you time and cuts down on admin.

Looking for a business account that keeps your bookkeeping under control from day one?

See what Statrys can offer below.