OwnerUnlocked

Compare accounting software for new businesses (2026)

5 options side by side: prices, fees, Spanish support and what to watch out for. Turn tools on and off, filter by what you need, or show only the rows where they differ.

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I need
9.4/10QuickBooks OnlineFree plan Visit
8.8/10Zoho BooksFree plan Visit
7.9/10FreshBooksFrom $23/mo Visit
7.4/10WaveFree plan Visit
6.6/10XeroFrom $27/mo Visit
Best forBusinesses whose accountant already works in QuickBooksNew low-budget businesses wanting full accounting freeSolo service providers who bill clients by invoiceSolo owners who want free invoicing and bookkeepingSmall teams that want unlimited users at one price
Skip ifYou need a cheap paid plan; Essentials costs $85/mo after the August 2026 increase.You need payroll built in; Zoho Payroll is a separate $39/month app.You bill more than 5 clients yet need a plan under $43/month.You need inventory, time tracking, mileage tracking or a Spanish interface.You want a free plan, Spanish, or over 20 invoices for $27.
Free plan or trialFree planFree plan30 daysFree plan1 month
SpanishSpanish supportNot confirmedNot confirmedEnglish onlyEnglish only
SupportPhone callback, chat; M-F 6am-6pm, Sat 6am-3pm PTEmail (Free); phone, chat on paid plans; M-F 9am-9pm ETPhone, email in office hours; 24/7 AI chatbotChat, email M-F 9am-4:45pm ET (Pro or any add-on)24/7 online support; callback on request
Mobile appYesYesYesYesYes
Public rating4.7/5 (App Store, 269,626)4.7/5 (Google Play, 30,717)4.7/5 (App Store, 10,979)3.3/5 (Google Play, 23,630)4.4/5 (Google Play, 21,049)
Price$0 (Free); paid from $38/mo$0 (Free); paid from $15/mo billed yearly$23/mo (Lite); $1/mo first-year promo$0 (Starter); Pro $19/mo$27/mo (Early); $5.40/mo first 3 months
Free plan2 invoices/mo, 1 bank, 1 user, 2 receipts/mo, 5 trips/moRevenue under $50K/yr; 1,000 invoices/yr; 1 user + 1 accountantNo free planNo bank auto-import; receipts $8/mo add-on; no extra usersNo free plan
Users1 user + 2 accountants (Simple Start)Free: 1 + accountant; Standard: 3Owner only; +$11/mo per team memberStarter: owner only; Pro: multiple usersUnlimited (no per-user fees)
InvoicingUnlimited on paid plans; 2/mo on FreeYes; 1,000/yr on Free, 5,000/yr on StandardUnlimited invoices; client limits by planUnlimited on all plansEarly: 20 invoices; unlimited on Growing and up
Bank connectionYes; Free plan limited to 1 bankStandard and up; manual reconciliation on FreeYes, all plans; reconciliation on Plus and upPro only (via Plaid)Yes, all plans; auto-reconcile on Growing and up
Receipt captureYes; 2/mo on Free50 autoscans/mo Free; 200/mo StandardPlus and upPro; $8/mo add-on on StarterYes, Smart Document Capture, all plans
Mileage trackingYes, GPS in mobile app; 5 trips/mo on FreeYes, all plansYes, mobile app, all plansNo (Driversnote integration on Pro)Established only
Payroll add-onBundle from $88/mo + $6.50/employee (with Simple Start)Zoho Payroll: $39/mo + $6/employee (separate app)$40/mo + $6/mo per person$40/mo + $6 per employee or contractor paid$36/mo + $6 per employee/contractor (Gusto)
Sales taxAutomatic on paid plans; manual on FreeStandard and upTaxes on invoices + sales tax summary reportManual rates on invoices + sales tax reportAuto sales tax, all plans
Time trackingEssentials and upProfessional and upYes, all plansNoEstablished only (projects)
InventoryPlus and upProfessional and upBasic stock counts on itemsNoUp to 4,000 items; Inventory Plus add-on
Accountant access2 accountants on paid plans; none on FreeYes, all plans (1 accountant on Free)Plus and upPro (admin, editor or viewer roles)Yes, invite your advisor at no extra cost
1099 contractorsTrack and file 1099s; free e-file on AdvancedTrack 1099s on Free; e-file on Standard and upExpense reports only; 1099-NEC via payroll add-on1099-NEC forms via Wave PayrollW-9 collection and 1099 reports, all plans
Online payment feesCards 2.99%; ACH 1% ($1 min); keyed 3.5%Cards 2.9% + 30¢; ACH 0.8% (max $5)Cards 2.9% + 30¢; ACH 1%Cards 2.9% + 60¢ (Amex 3.4% + 60¢); ACH 1% ($1 min)Stripe: cards 2.9% + 30¢; ACH debit 1% (max $9)
Top pros
  • Free plan includes 1 bank connection and 2 invoices per month.
  • Paid plans include automatic sales tax, mileage tracking and receipt capture.
  • Free plan allows 1,000 invoices per year plus mileage tracking.
  • Free plan includes 50 receipt autoscans per month.
  • Lite promo: $1/month for the first year (regular $23).
  • Unlimited time tracking and mobile mileage tracking on every plan.
  • Starter is free with unlimited invoices, estimates and bills.
  • Pro adds automatic bank imports and unlimited receipt scans for $19/month.
  • No per-user fees: your whole team can log in on any plan.
  • Sales tax, 1099 reports and receipt capture included even on Early.
Watch out for
  • Essentials and Plus rose to $85 and $140 per month in August 2026.
  • US version has no Spanish interface; Spanish help uses an interpreter.
  • Free plan lacks automatic bank feeds; they start at Standard ($15-$20/month).
  • Free plan only applies while yearly revenue stays under $50,000.
  • Lite caps billable clients at 5; Plus caps them at 50.
  • No team members included; each added user costs $11/month.
  • Wave is English-only; you can only type Spanish text on invoices.
  • No built-in mileage, time tracking or inventory quantity tracking.
  • Early plan allows only 20 invoices and 5 bills.
  • No published phone line; support is online with callbacks on request.

Before you choose

Do this first

Open your business bank account first, then connect it so transactions flow in automatically.

Free option first

Very small and simple? Wave and Zoho Books have free plans, and a spreadsheet can carry you through the first months.

Head to head

Scores come from public facts with the same formula for every tool: how we rate. Some links are partner links; we may earn a fee at no cost to you.