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 ...