Best Accounting Software for Small Business 2018: QuickBooks vs Xero vs Wave

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Xero

Xero is a comprehensive bookkeeping solution that we rated as the best QuickBooks alternative. Unlike QuickBooks, Xero offers inventory management in all plans, including its Early plan, which is available for only $9 per month with unlimited users. There are other limitations to its lower-priced plans, so you may still need to spend a little more to meet your needs. Xero offers a 30-day free trial without providing a credit card.

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QuickBooks

One area where QuickBooks Desktop is distinct from QuickBooks Online is its support for niche industries. QuickBooks Desktop Premier offers industry-specific software editions for contractors, wholesalers and retailers, nonprofits, professional service firms, and manufacturers. If you’re wondering whether QuickBooks Online or QuickBooks Desktop is better for your business, read our in-depth comparison.

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Wave Accounting

Wave allows you to accept online payments from customers. Similar to QuickBooks Payments, Wave Payments integrates seamlessly with Wave accounting software. Once you activate Wave Payments, you can send invoices to your customers that include a Pay button they can use to make payments via ACH, debit card, or credit card.

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