Thorough automations with customizable workflows.Low additional user fee ($3/person/mo.), especially compared to FreshBooks ($11/person/mo.).Higher-tier plans add bill pay, inventory management, project tracking, time tracking and in-depth reporting features. Double-entry accounting with bank reconciliation, accountant access and chart of accounts.Client management, including client portal for simple collaboration.Online payment acceptance with offline payment tracking.Multi-lingual invoices with multiple automations (recurring invoices and late payment reminders, etc.).Zoho Books’ free plan includes most of the same features as Wave Accounting as well as the basic features included in its competitors’ lowest-tier paid plans: Users can save by paying for each plan annually instead of month to month, though we suggest taking advantage of Zoho Books’ 14-day free trial before committing to an annual plan. Zoho Books’ six plans range in price from $0 a month to $240 a month. ![]() It allows for one user plus free accountant access, but note that you can’t add more users, even for an extra fee, unless you sign up for Zoho Books Standard or higher. If your business’s revenue is below $50K USD per year, you can take advantage of Zoho Books’ free plan for small businesses. With six different accounting plans, its scalable solution supports businesses as they grow from small start-ups to multi-state enterprises. Zoho Books is among the most fully-featured accounting software providers on our list - even more so than industry favorite QuickBooks Online. Zoho Books: Best free plan Image: Zoho Books Product and pricing details up to date as of. Top Wave Accounting competitors and alternatives: Feature comparison table Do you need an alternative to Wave Accounting?.Top Wave Accounting competitors and alternatives: Feature comparison table.We’ll also explain who Wave is best for and detail its strengths and weaknesses to help you decide if Wave or an alternative is the right financial solution for your small business. FreshBooks is perfect for invoice-based businesses while Zoho Books is ideal for microbusinesses that need a free accounting plan.īelow, we break down Wave’s top competitors by their features, pricing, pros and cons. If you’re looking for a Wave alternative, FreshBooks and Zoho Books are our top recommendations. But while many freelancers and sole proprietors prefer Wave’s no-cost bookkeeping features, you might not be among them. ![]() Wave Accounting is among the best - if not the best - free accounting software programs for small businesses.
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