![]() Full-service payroll is not available outside of these states. If you aren’t located in California, Florida, Illinois, New York, North Carolina, Texas, Virginia, or Washington, Wave Accounting software may not be the best option for your business. Note that full-service payroll is only available in select states. Full-service payroll processing comes with a starting fee of $35, plus $4 per employee, while a monthly $20 fee covers self-service payroll. Wave charges 2.9% plus 30 cents per transaction, or a 1% fee for ACH payments. Wave Accounting only charges fees if you use its services to process payments or disburse payroll to your employees. If you’re interested in a personal coach, monthly bookkeeping, or tax services, sign up for Wave Plus. ![]() You also have the option to accept payments directly through your invoice to speed up the payment process. Wave also allows you to customize your invoices but provides a number of invoice templates if you’d rather skip customization. Tracking expenses in Wave is a lot easier than with many other accounting applications because it allows you to upload receipts with your phone. Regardless of how many users you have, this software offers all the same features as FreshBooks, free of charge. It’s an especially good option for freelancers. If your main focus is free or low-cost software, Wave Accounting is a great alternative to FreshBooks. Learn more in our QuickBooks Online review. QuickBooks Online makes it easy to integrate other apps. Lastly, the Advanced plan costs $75 per month and supports up to 25 users. For five users, select the Plus plan, which costs $35 per month. Next is Essentials, which supports up to three users for $20 per month. There are four QuickBooks Online plans, beginning with Simple Start, the plan for single users that costs $12 per month. The Banking feature provides an overview of each connected bank account and allows users to quickly categorize expenses. ![]() If your business works with an accountant, there is also a “My Accountant” option, which allows them to access financial information for your business. Advanced plans also include business analytics, time tracking, and inventory management. All plans come with abilities like sales tax tracking, invoicing, payment acceptance, estimates, and receipt capture. QuickBooks Online’s features depend on the plan you select. With its easy setup and opportunities to skip steps in the setup process, QuickBooks Online is perfect for saving time on accounting software. If your main focus is on getting your accounting software up and running as quickly as possible, QuickBooks Online is a great option. QuickBooks Online has over 3 million subscribers, and there’s a reason for that. Learn more about this highly-rated accounting software in our full review of FreshBooks. ![]()
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