![]() ![]() It doesn't have a dedicated time-tracking tool, comprehensive mobile access, or inventory management, though. The app supports multiple currencies and has a smart selection of features for very small businesses. Wave follows standard accounting rules and is especially skilled at invoicing and transaction management. Recently, the company added an $8-per-month charge for scanning expense receipts, which puts a dent in its appeal, though it's still an excellent service that gives you a lot for free. ![]() Wave has always been free unless you needed payroll and payments. Some unusual yet helpful features, like retainers.It's especially good for service-based businesses. More complex companies can add advanced tools that include projects and proposals, mileage and time tracking, and reports. Very small businesses can use it for basic money management, like sending invoices, monitoring financial accounts, accepting payments, and tracking income and expenses. We recommend FreshBooks for sole proprietors and companies with perhaps an employee or two-though it's capable of handling more. It's intuitive enough for novice bookkeepers to learn but supports all the elements that a larger business would need, including payroll. For these reasons, it's an Editors' Choice winner and is one of the first accounting options a small business should consider. It’s actually a full-featured, double-entry accounting system that happens to offer an exceptional user experience. Best Hosted Endpoint Protection and Security SoftwareįreshBooks' good looks and simplicity are deceptive.
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