Top 10 Best Accounting Calculator To Buy In 2020 Reviews

Whether you’re running a small business, big business, or your home finances, an accounting calculator can make life a great deal easier. These types of calculators can perform far better than your basic mathematical calculations.

Contents

The best accounting calculator options have features for finances, taxes, statistics, and more…

However, with so many options available, it can be overwhelming trying to find the best one. That’s why we put together this list of reviews, and there is even a buying guide at the bottom, to help you narrow down key the features you need.

Accounting Calculator

So, keep reading as we find the ideal accounting calculator for you…

Top 10 Best Accounting Calculator In 2020 Reviews


1 HP 12CP Platinum Financial Calculator – Best CFP and CFA Exam Accounting Calculator

The first item on our list of great accounting calculator reviews is from Hewlett Packard. Their model #HP-12CP Platinum is an easily portable financial calculator that you can take with you anywhere. It’s great for students looking for something they can take to class, or anyone else looking for a single calculator for home and office.

Are you looking for a calculator to keep in your briefcase?

If so, then we would highly recommend the HP-12CP Platinum. It’s Energy Star certified, which is beneficial for everyone. The battery life is rather extensive, so you won’t wind up frustrated and trying to calculate with paper and pencil.

Does it do more than basic arithmetic?

Yes, this calculator has over 130 built-in functions. Plus, it’s even faster than the industry-leading 12c calculator design. This makes it perfect for professionals who expect both speed and reliability.

What about the built-in memory?

It has this in spades as well. The HP-12CP Platinum has both RPN and Algebraic modes and provides memory for up to 400 steps. There are even ‘undo’ and ‘backspace’ buttons to save time.

The memory allows you to run up to 80 different cash flows. We love this calculator for figuring out TVM, loan payments, interest rates, and more. Not only does it calculate these figures reliably, but it also does so at six times the speed.

Those doing CFP, CFA, or GARP FRM exams will love this…

We would consider this an ideal accounting calculator for CFP & CFA certification exams, or the GARP FRM exam. It’s also ideal for accountants, financial advisors, real estate, and numerous other professions.


HP 12CP Platinum Financial Calculator

Our rating:4.6 out of 5 stars (4.6 / 5)

Pros

  • Easy-to-read single line of 10 characters display.
  • Keystroke programming allows up to 400 steps.
  • RPN and Algebraic modes.
  • Over 130 built-in functions.
  • Small and portable.
  • Memory for up to 80 cash flows.
  • Permitted for use on the CFP and CFA Certification Exams, and GARP FRM Exam.

Cons

  • Not high-quality that HP used to be known for.
  • On the expensive side, especially considering the drop in quality compared with past HP calculators.

2 Calculated Industries 3405 Real Estate Master IIIx – Best Real Estate Accounting Calculator

Another option on our list of the best financial calculators is made by Calculated Industries. They make the model #3405 Real Estate Master IIIx for those regularly working with real estate finances.

Is this the best financial calculator for real estate personnel?

Yes, if real estate is your business, this calculator will help you stay one step ahead. It allows you to determine loan amounts, terms, interest, payment amounts, and even future value of a home. You can also set property tax, homeowner’s insurance, etc. so you can easily calculate loan requirements.

But that’s not all…

You can also easily determine commission numbers, escrow closing dates, and a whole lot more. With this calculator at hand, you can easily impress your clients and sound like a financial professional. Plus, it’s small and lightweight enough to carry around with you.

It even calculates combo loans of 80:10:10 or 80:15:5, and helps you determine the right payment plan for your clients. There is also a 1-year warranty, which is always an indicator of a quality product.


Calculated Industries 3405 Real Estate Master IIIx

Our rating:4.7 out of 5 stars (4.7 / 5)

Pros

  • Calculates taxes and insurance for PITI payments.
  • Automatic sales price and down payment calculations.
  • Forecast amortization and balloon payment.
  • Calculates combo loans, escrow closing date, and much more.
  • 1-Year warranty.

Cons

  • Not the best choice if you’re not a real estate professional

3 Texas Instruments BAII Plus Financial Calculator – Best Affordable Accounting Calculator

Texas Instruments also makes a wonderful financial calculator for students and professionals. This is not the cheapest item we reviewed.

Visuals are important…

One of the aspects that we liked most about this option is the visual aspect. The keys have a color-coding that makes use considerably easier. Between that and the display, this calculator’s design makes finding functions quick and easy.

Saving time is saving money…

Texas Instruments knows this as much as anyone. That’s why they built into the BAII Plus, the ability to store previous worksheets. We love this feature, as it saves a lot of time in a wide range of uses.

What about preset accounting functions?

This wouldn’t be one of the best accounting pocket calculators if it didn’t have functions for interest rate conversions, amortization, depreciation, and a whole lot more.

Is this your first accounting calculator?

If it is, then you’ll be happy to know that it comes with a quick guide manual. There’re several things to learn about this style of calculator. This may not have the most features compared with others on our list, but you’ll still need to learn how to use it.


Texas Instruments BAII Plus Financial Calculator

Our rating:4.5 out of 5 stars (4.5 / 5)

Pros

  • Easy-to-read 10 character display.
  • Built-in business functions.
  • Stores previous worksheets to save time.
  • One of the least expensive options.

Cons

  • Limited preset functions compared with some others on our list.

4 HP 10bII+ Financial Calculator – Best Home Accounting Calculator

Another entry on our list of the best accounting Hewlett Packard calculators comes in as the HP-10bII+. This is a more basic option for those that need to run some financial calculations, but not geared towards the professionals.

Is this the best financial calculator for the money?

If you’re not running some super complex equations, then this calculator will suffice. It’s considerably less expensive than the HP model we reviewed in our first listing, making it a better home office option.

Are you looking to take the CFP certification exam?

If so, this is a great calculator. It’s been approved for use during the exam, so you won’t be stuck trying to run long equations out on paper. It is, after all, the 21st century. It also meets the requirements for SAT, PSAT/NMSQT, and college board AP tests.

What about preset functions?

Yes, there are over 100 time-saving business functions. You can easily figure out loan payments, interest rates, cash flow, and all the acronyms you can think of. These include SDV, TVM, NPV, IRR, and a great deal more.

It’s good enough for home use, but…

We will say that the build quality of this calculator feels like a letdown. HP makes some quality products, but this certainly feels like the low-price option it is. It’s hard to complain about the price, but it’s a stain on HP’s reputation.


HP 10bII+ Financial Calculator

Our rating:4.6 out of 5 stars (4.6 / 5)

Pros

  • Approved for use by multiple examination boards.
  • 100+ pre-programmed time-saving business functions.
  • Small, easy to carry.
  • One of the least expensive HP financial calculators.

Cons

  • Doesn’t have as many features as other HP calculators.
  • The build quality could use an upgrade.

5 HP 17bII+ Financial Calculator – Best Business Professional Accounting Calculator

Hewlett Packard also makes the HP 17bII financial calculator. This option fits in-between the 10bII and the 12CP. It’s a great mid-range option for those who need a few more features.

How many built-in functions does this calculator have?

The 17bII provides over 250 accounting functions. This makes it ideal for students and professionals alike. In fact, the functions cover calculations for real estate, finance, accounting, and other business needs.

What type of calculations does it do?

You can quickly and easily figure out loan payments, standard deviation, TVM, NPV, IRR, cash flow, and a whole lot more. Plus, there is 28KB of memory built-in. All in all, we found this to be a very easy-to-use calculator.

What else is special about this option?

If all of the above isn’t enough, don’t stress. This calculator also features a clock, appointment book, calendar, algebraic data entry, and more.

It really is the ideal accounting calculator for business professionals…

We also like the extended digital display. Rather than only a single line, this calculator displays two lines, with a total of 22 characters shown. This is great for those running longer calculations with big numbers.

What is the downside?

We found the keyboard to be a major letdown. There’s no easy to read color coding on the buttons, which keeps it from being as easy-to-use as other options. The buttons also feel cheap and tend to regularly miss the first entry in a long list.


HP 17bII+ Financial Calculator

Our rating:4.3 out of 5 stars (4.3 / 5)

Pros

  • Easy-to-read two lines of 22 characters display.
  • 250+ pre-programmed time-saving business functions.
  • Small, easy to carry.
  • 28KB of built-in memory.
  • Great mid-range option.

Cons

  • Doesn’t have as many features as other HP calculators.
  • The keyboard could use an upgrade and tends to glitch.

6 Casio FC-200V Financial Calculator – Best Budget Accounting Calculator

The first entry on our list from Casio comes with their model #FC-200V. This is another great pocket-sized financial calculator.

Are you looking for the best cheap accounting calculator?

If so, then you’ll certainly want to look over this listing in detail. It offers built-in Direct Mode Keys that allow you to quickly enter exclusive modes for each financial calculation. This will help you save time, and time is money.

But wait, that’s not all…

One of the best aspects of this option is the full-dot 4-line display. Yes, we just said that this option has four times the display of many competitors. Not only that, but you can input, confirm, and change each parameter as you calculate.

Is the display easy to read?

Yes, it features a convenient 3-digit read-out with comma markers. This makes things super simple to read. There are also multiple colors used for the keys, so entering the calculation is super simple.

What functions are included?

There’s a wide range of preset functions. You can calculate depreciation through fixed percentages, declining balance, sum of the year’s digits, or with the straight-line method. There is also the ability to calculate bond purchase price and annual rate of yield with the date/period input.

There has to be more, right?

Yes, you can also run sales and leverage numbers within a break-even point, and a whole lot more. Plus, it’s solar-powered, so you never need to worry about remembering batteries.

Some users have complained that the commas are not shown in some computational function modes. This can make reading the unit more difficult than it needs to be.


Casio FC-200V Financial Calculator

Our rating:4.4 out of 5 stars (4.4 / 5)

Pros

  • Display features four lines for easy read-out.
  • Numerous built-in time-saving business functions.
  • Small, easy to carry.
  • Aggressively priced.
  • Solar-powered.

Cons

  • The advertised 3-digit comma markers don’t show in all computational modes.
  • Not the easiest accounting calculator to use.

7 Calculated Industries 43430 Qualifier Plus IIIfx – Best Desktop Accounting Calculator

For fans of the Calculated Industries brand that need something more expensive than what we reviewed above, there is the model #43430 Qualifier Plus IIIfx.

This is one of the best desktop accounting calculators we looked at…

What’s different between this and the model reviewed above from the same maker?

For one thing, this option is considerably larger. That’s why we call it a desktop calculator. It won’t easily fit in your pocket, and this is a bit less portable.

This larger size is beneficial, however. It allows you to more quickly enter your calculations, and it features a wider range of functions. This makes it a better option for the working professional.

Do you work in real estate?

If you do, then this calculator is likely the best option for you. It has residential mortgage finance terms labeled like Loan Amt, Int, Term, and Pmt. This will help you quickly and efficiently choose a loan for your clients.

It also calculates PITI payments to IRR, NPV, NFP, and cash flows. Even 80: 10: 10 or 80: 15: 5 combo loan functions are built-in. It can also store two ratios (FHA/VA), or you can set custom ratios.


Calculated Industries 43430 Qualifier Plus IIIfx

Our rating:4.6 out of 5 stars (4.6 / 5)

Pros

  • Calculates taxes and insurance for PITI payments.
  • Automatic sales price and down payment calculations.
  • Store Two Ratios (FHA/VA) or Set Custom Ratios.
  • Maximum Loan Amount and Ratios.
  • Forecast amortization and balloon payment.
  • Calculates combo loans, escrow closing date, and more.
  • 1-Year Warranty.

Cons

  • More expensive than the other option from this manufacturer.

8 Swiss Micros DM15L – Best Small Accounting Calculator

The next entry on our list may bring some nostalgia your way. Swiss Micros has done something insane that we kind of like. Their model #DM15L is one of the best small accounting calculators we reviewed.

Do you remember the good old days?

And by that, we mean the 1980s. Hair was big, but calculators were just starting to get small and easy to carry. If you remember those days, then you may also remember the HP-15C calculator.

The DM15L from Swiss Micros is a clone of the good old HP-15C…

Hewlett Packard may have discontinued their version back in 1989, but Swiss Micros has brought it back in the exact same size as the original. It worked great then, and it still gets the job done nicely today.

The housing is made from sandblasted grade 1 titanium, and it can calculate complex numbers and matrix operations. It’s programmable for high-end scientific calculations and includes root-solver and numerical integration.

But, the best part is the retro look and feel…

We really like the way this item looks. We also like the way the real buttons provide the tactile feedback we remember. This might be the most expensive option on our list, but we would still have trouble not naming it the best ever accounting calculator.


Swiss Micros DM15L

Our rating:4.7 out of 5 stars (4.7 / 5)

Pros

  • Sandblasted grade 1 titanium housing.
  • High-end scientific programmable functions.
  • Root-solver and numerical integration functions.
  • Great for complex numbers and matrix operations.
  • Looks and feels great.

Cons

  • Not the most up-to-date option.

9 Victor 6500 Desktop Financial Calculator – Best Large Accounting Calculator

Victor makes the model #6500 desktop financial calculator for those looking for a faster option. This is larger, but it makes entering long strings of numbers considerably easier, especially if you’re used to calculator key setups.

How large is it?

This unit measures 7.8” by 5.5”. That means that it really is a lot larger than some of the other pocket-sized options. Portability is great, but really small options can be difficult to use.

Time is money as they say…

And calculators are all about money. Or, at least about calculating it. This option features a 12 digit LCD and has both battery and solar power options.

Does it have built-in functions?

It does, but not as many as some other options that we looked at above. Still, you can easily calculate loans. Enter three loan variables to compute the fourth, and retain the ability to change annual payment periods.

There are also programmable tax keys to help you save time, and a selectable decimal placement allows you to easily calculate currencies. Plus, Victor has built-in three key independent memory.


Victor 6500 Desktop Financial Calculator

Our rating:4.7 out of 5 stars (4.7 / 5)

Pros

  • Easy-to-read 12 digit LCD.
  • Larger keyboard makes numerical entry quick and efficient.
  • Built-in accounting functions save time.
  • Programmable tax keys.

Cons

  • This calculator is larger than some consumers prefer to have on their desk.

10 Canon Office Products HS-1200TS Business Calculator – Cheapest Accounting Calculator

The final option on our list of the greatest accounting calculators is also the least expensive option we reviewed. This unit is made by Canon Office Products and is considerably more basic than some other options.

The HS-1200TS is the best cheap business calculator…

Or, at least it is if it has the functions you’re looking for. At this price point, functions are obviously more limited. Still, you can easily calculate profit margins, tax, square roots, and more.

Does it have any other features?

There are memory keys to help you get those long computations done without wasting too much time. But that’s about it.

There is a 12 digit liquid crystal display, which is easy to read. The buttons are also nice and easy to read and use. For the price, this is a decent calculator, though it is larger and more limited than most other options we reviewed here.


Canon Office Products HS-1200TS Business Calculator

Our rating:4.4 out of 5 stars (4.4 / 5)

Pros

  • Equipped with basic business functions.
  • Large, easy-to-read display.
  • Big buttons make calculating fast and efficient.
  • Cheapest accounting calculator we reviewed.

Cons

  • Considerably more limited in built-in functions compared with the competition.
  • Low build-quality means this unit likely won’t last long.

Best Accounting Calculator Buying Guide

There are a lot of accounting calculators for sale these days. Some of them have built-in functions that you’re likely to never need. Unless that is, you are a student or professional in a specialized field.

How Do You Choose The Best Accounting Calculator For You?

The first thing to consider is the functions you need. Meaning, the specific functions that you are likely to use regularly. This is different for every profession, so real estate personnel may require something different than financial advisors or accountants.

Don’t Choose An Option With Too Many Features…

HP 12CP Financial Calculator

The simple fact of the matter is, we all tend to go for the best we can afford. With calculators, this usually means choosing a unit with a wider range of preprogrammed business functions. However, this can be a big mistake.

Do You Even Know What All Of The Special Functions Are For?

In truth, you’re likely to only need a small number of the almost countless business functions that are available across the range of calculators. The more functions built into your unit, the more likely you’ll end up accidentally using the wrong one.

Keep It Simple Stupid…

Casio FC-200V Financial Calculator with 4-Line Display

It’s what we were always told growing up, and it should be your first consideration when choosing from the list above. The more simple the calculator is, the faster you’ll finish your work. For this reason alone, we highly advise not overpaying for an item that does things you’ll never need it to do.

Battery Life Is Also A Key Thing To Consider…

Some of the options reviewed above run off of batteries, and others have a solar-powered feature. There are even a few with a combination of the two. Whichever you prefer, you’ll want to ensure you never go to use the calculator only to find it dead.

Sometimes Smaller Is Better, But Not Always…

Yes, we know that these days electronics are getting smaller and smaller. Some individuals will need to keep a calculator on their person throughout the day. However, most people don’t really have this concern.

If you don’t need a tiny pocket-sized calculator, we recommend choosing a larger one. They tend to be easier to read, and the buttons are large enough for fast numerical entry. After all, these are meant to save you time.

Before We Conclude

For other great reviews of must-have home and office gadgets and accessories, check out our Best Paper Shredders review, the Best Label Makers reviews, the Best Digital Voice Recorders reviews, the Best Computer Speakers reviews, the Best Cordless Phones reviews, and the Best Office Staplers reviews.

Back to accounting calculators…

Final Thoughts On The Best Accounting Calculator

We have now explored some of the greatest accounting calculators for sale. There is a wide range of options, but hopefully, our buying guide has helped you narrow down the primary features.

If you still can’t make up your mind, we have one last recommendation for you. The…

Texas Instruments BAII Plus Financial Calculator

Texas Instruments BAII Plus Financial Calculator

…is a great option for most people. The price point is very competitive, and it has the functions most people will need.

Though to be honest, we still really want the…

Swiss Micros DM15L

Swiss Micros DM15L

…just for nostalgia.

Happy calculating!

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