Wave
RecommendedFree accounting software. Invoicing, expense tracking, and reports at zero cost.
Wave is the best free accounting software. Period. The core features rival QuickBooks Simple Start at $0/month instead of $30/month. The limitations are real — no inventory, basic reporting, limited integrations — but for freelancers and micro-businesses, Wave eliminates the need to pay for accounting software.
What's great
- Genuinely free accounting, invoicing, and reporting
- Unlimited users at no cost
- Feature set covers standard small business needs
Watch out for
- No inventory management
- Limited integrations compared to QuickBooks
- No API limits custom automation
Best for
Solopreneurs and micro-businesses who need real accounting software at zero cost.
Not ideal for
Growing businesses needing inventory, project management, or advanced reporting.
Free
Full accounting, invoicing, and reporting — free forever
Starter
Payments: 2.9% + $0.60/transaction
Pro
Payroll: $20/mo + $6/employee
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