Best Accounting Software for Small Business 2026

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Quick Take

Small business accounting doesn't need to be complicated or expensive. We tested every major option and ranked them based on what actually matters for businesses under 50 employees: ease of use, price, and core accounting features.

Our Top Picks at a Glance

# Tool Best For Starting Price Score
1 Zoho Books Best overall value $0/mo 9.3/10
2 Wave Tightest budget $0/mo 6.8/10
3 QuickBooks Online Most accountant-friendly $30/mo 8.6/10
4 FreshBooks Service businesses $Custom/mo 8.4/10
5 Patriot Software Budget payroll + accounting $17/mo 7.4/10

1. Zoho Books | Best overall value

Part of the massive Zoho ecosystem. Free for businesses under $50K revenue, then competitively priced. Strong automation features and excellent if you're already in the Zoho ecosystem. The UI is functional but not winning any design awards.

Our take: Free for businesses under $50K, then $15-$120/mo. More features per dollar than anything else on the market.

Zoho Books Pricing

PlanMonthlyAnnual
Free $0
Standard $15 $10/mo
Professional $40 $26/mo
Premium $60 $40/mo
Elite $120 $80/mo

Full Zoho Books pricing breakdown

2. Wave | Tightest budget

Genuinely free accounting and invoicing. no catch, no 'freemium' bait-and-switch. Wave makes money on payment processing and payroll add-ons. Perfect for solopreneurs and micro-businesses who need real double-entry accounting without spending a dime.

Our take: Free double-entry accounting. Period. If $0/mo is your budget, Wave is your answer.

Wave Pricing

PlanMonthlyAnnual
Accounting (Free) $0
Payments $0
Payroll (Tax States) $40

Full Wave pricing breakdown

3. QuickBooks Online | Most accountant-friendly

The 800-pound gorilla of SMB accounting. QuickBooks Online dominates market share for a reason. deep integrations, solid reporting, and an ecosystem of accountants who know it inside out. The pricing creep over the past few years is real, though.

Our take: Your accountant probably wants you on QBO. The Simple Start plan at $30/mo covers the basics.

QuickBooks Online Pricing

PlanMonthlyAnnual
Simple Start $30 $18/mo
Essentials $60 $36/mo
Plus $90 $54/mo
Advanced $200 $120/mo

Full QuickBooks Online pricing breakdown

4. FreshBooks | Service businesses

Started as invoicing software, grew into full accounting. FreshBooks is beloved by freelancers and service businesses for its dead-simple invoicing and time tracking. The accounting features are adequate but not as deep as QBO or Xero.

Our take: Best invoicing and time tracking for freelancers and consultants. The Lite plan at $19/mo is well-priced.

FreshBooks Pricing

PlanMonthlyAnnual
Select Custom
Lite $19 $14/mo
Plus $33 $24/mo
Premium $60 $44/mo

Full FreshBooks pricing breakdown

5. Patriot Software | Budget payroll + accounting

Budget-friendly payroll and accounting built for small businesses. Patriot won't win any feature comparisons against QBO, but at $20/mo for accounting it does the basics well. The payroll module starting at $17/mo is genuinely competitive.

Our take: Accounting at $20/mo plus payroll at $17/mo. Not flashy but gets the job done at a fraction of QBO's price.

Patriot Software Pricing

PlanMonthlyAnnual
Payroll Basic $17
Accounting Basic $20
Accounting Premium $30
Payroll Full Service $37

Full Patriot Software pricing breakdown

How We Ranked These Tools

Focused on tools priced under $100/mo with strong ease-of-use ratings. Weighted toward simplicity and value over enterprise features.

Read our full scoring methodology for details.