Wave's free starter plan appeals to self-employed contractors on a budget, while FreshBooks' invoicing and accounting tool works best for freelancers, small businesses, and some midsize companies.

Wave’s free accounting plan has enough basic features for most freelancers and small businesses, but QuickBooks Online’s thorough features are better for businesses counting on growth. Intuit ...

A business.com editor verified this analysis to ensure it meets our standards for accuracy, expertise and integrity. Wave Financial is our choice for the best accounting software with payroll, thanks ...

Wave offers competitive accounting software, and is a great choice if you’re running a side hustle and can do without the bells and whistles that come with pricier options. In fact, with free ...

Our research finds that QuickBooks is a much stronger accounting tool than Wave, offering a great set of core accounting features, helpful tools to boost your overall operational efficiency, and ...

QuickBooks Online is significantly more scalable than Wave, making it ideal for growing businesses. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Accounting software is a great way to ...

We looked at more than 50 accounting software products. Our top picks help a variety of small businesses track their money and create detailed records for tax time.