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