The leading small business accounting software. Track income, expenses, and run payroll from $30/month.
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
What It Is
QuickBooks Online
The leading small business accounting software. Track income, expenses, and run payroll from $30/month.
Wave Accounting
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
Primary Category
analytics-reporting
analytics-reporting
Primary Category
QuickBooks Online
analytics-reporting
Wave Accounting
analytics-reporting
Founded
Unknown
Unknown
Founded
QuickBooks Online
Unknown
Wave Accounting
Unknown
Best For
Solo practitioners needing simple bookkeeping; Group practices tracking expenses and profitability; Practices wanting to separate financial and clinical systems
Solo therapists wanting free bookkeeping; Budget-conscious practices; Simple accounting needs
Best For
QuickBooks Online
Solo practitioners needing simple bookkeeping; Group practices tracking expenses and profitability; Practices wanting to separate financial and clinical systems
Wave Accounting
Solo therapists wanting free bookkeeping; Budget-conscious practices; Simple accounting needs
Pricing
Starting Price
$30/month
Free
Starting Price
QuickBooks Online
$30/month
Wave Accounting
Free
Pricing Model
Flat monthly
freemium
Pricing Model
QuickBooks Online
Flat monthly
Wave Accounting
freemium
Free Trial
30 days
Free tier available
Free Trial
QuickBooks Online
30 days
Wave Accounting
Free tier available
Pricing Details
Prices shown are standard rates. Frequent promotions offer 50% off for first 3 months.
Core accounting is 100% free. Paid add-ons optional.
Pricing Details
QuickBooks Online
Prices shown are standard rates. Frequent promotions offer 50% off for first 3 months.
Wave Accounting
Core accounting is 100% free. Paid add-ons optional.
Compliance & Security
HIPAA Compliant
No
No
HIPAA Compliant
QuickBooks Online
No
Wave Accounting
No
BAA Available
No
No
BAA Available
QuickBooks Online
No
Wave Accounting
No
SOC 2 Certified
Yes
Unknown
SOC 2 Certified
QuickBooks Online
Yes
Wave Accounting
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
QuickBooks Online
Unknown
Wave Accounting
Unknown
Features
Mobile App
Yes
Yes
Mobile App
QuickBooks Online
Yes
Wave Accounting
Yes
Mental Health Specific
No
No
Mental Health Specific
QuickBooks Online
No
Wave Accounting
No
Integrations
Total Integrations
None listed
None listed
Total Integrations
QuickBooks Online
None listed
Wave Accounting
None listed
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10)
Practice Sizes
QuickBooks Online
Solo, Small (2-10), Medium (11-50)
Wave Accounting
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
QuickBooks Online
Unknown
Wave Accounting
Unknown
Ready to Get Started?
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