For its features and prices, read our in-depth QuickBooks Online review. If you need robust inventory accounting, we recommend QuickBooks Online, which we selected as the overall best accounting software for retail businesses. Retail businesses: While Wave offers basic inventory features, you can’t track your stock or cost of goods sold (COGS) within the software.Mac users: We chose Wave as one of the top accounting software for Mac users because despite being free, it offers an extensive list of accounting features and includes a free mobile app for iPhone and iPad devices.It has impressive reporting capabilities and lets you add an unlimited number of businesses into one account. Entrepreneurs with multiple businesses: Wave’s free software can be used for multiple companies, which is why we selected it as one of the best multicompany accounting software.It has a good set of features to streamline accounting for donations, tax receipts, and payroll. ![]() Nonprofit organizations: We selected Wave as our leading nonprofit accounting software, especially for treasurers of very small nonprofits seeking a free option.With Wave’s simple features, part-time and hobby farmers can track farm income and expenses. Part-time and hobby farmers: As one of our best farm accounting software, Wave is a good software for farmers who don’t use farming as a primary business.It is perfect for tracking rent income and expense for landlords with few properties for lease. Small-scale property managers: Wave made it to our list of the top-ranking real estate accounting software.It is our top ecommerce accounting software for companies using Zapier. Ecommerce integration: Through Zapier, you can integrate Wave with ecommerce platforms.It has optical character recognition and unlimited cloud storage for receipts. Receipt scanning and expense tracking: Wave is one of our best receipt scanner apps, specifically for those looking for a low-cost option, and best business expense tracker apps. ![]()
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