Best Accounting Software for Freelancers and Self-Employed of November 2024

Pros

• Unlimited users in all pricing plans.
• Integrates with more than 1,000 third-party apps.
• Feature set includes an excellent mobile app and suite of reports, capable invoicing features, plus automated bill and receipt capture through Hubdoc.
• Simple layout and easy to use.

Cons

• No phone number for customer support listed.
• Entry-level plan limits bills and invoices to five and 20 per month, respectively.

Pros

• Stay in touch with clients through the FreshBooks mobile app and get notified when invoices have been viewed or become overdue.
• Intuitive, customizable invoicing capabilities compete with those of more robust accounting solutions.
• Track time and add billable hours to invoices in all plans.
• Weekday phone support in all plans.

Cons

• Lacks features that quickly growing companies need, like audit trails for accountants to review.
• Highest-tier Select plan only comes with two users (additional users add $11 per month) and lower-tier plans put limits on billable clients.
• Least expensive plan lacks double-entry accounting reports, bank reconciliation and accountant access.

Pros

• Less expensive than some competitors; free plan available for businesses with less than $50k in annual revenue.
• Email support in free plan; phone and chat support in paid plans.
• Rich feature set includes excellent invoicing, inventory management, workflow rules and a capable mobile app.
• Add accounting widgets to your phone’s home screen; track time using your Apple Watch.

Cons

• Fewer third-party integrations and reports than some competitors.
• No plan includes more than 15 users (can add additional users for a fee).

Pros

• Easy to share information with your accountant and to find QuickBooks experts and online resources if needed.
• More than 750 app integrations.
• Robust feature set includes record-keeping, reporting, invoicing and inventory management, plus a capable mobile app.
• Chat and phone support available Monday through Saturday in all plans.

Cons

• Expensive compared with the competition.
• Frequent price increases and a tendency toward upselling.
• Limited account users with each plan.

Pros

• Free plan available.
• Intuitive, customizable invoicing capabilities compete with those of more robust accounting solutions.

Cons

• Lacks features that quickly growing companies need, like audit trails.
• Must subscribe to Wave’s Pro plan or other paid services (payroll, payments, advisor, etc.) to receive customer support from a human.
• No third-party integrations, mileage tracking feature or ability to accept in-person card payments.

Pros

• Send unlimited invoices.
• Add unlimited users.
• Run basic reports, like a profit and loss statement and tax report.

Cons

• Does not use double-entry accounting.
• Must manually import bank statements.

Pros

• Features include basic reporting, mobile app, invoicing and reconciliation tools.
• No cap on the number of users or invoices.
• Phone, chat and email support.

Cons

• Not a good fit for growing businesses, due to lack of audit trails and third-party integrations.
• Can’t tag transactions to enable more granular reporting.
• No inventory management or mileage tracking features.