And since Wave Accounting lets you balance multiple businesses from one account, it’s a good fit for eBay, Etsy, and Amazon sellers with multiple stores.īoth QuickBooks Self-Employed and QuickBooks Online have one distinct advantage over Wave Accounting for freelancers: they include built-in mileage tracking, a crucial tax deduction for small-business owners who travel for work. Wave’s customizable unlimited invoices and easy billing are more user-friendly (and, for invoicing, aesthetically pleasing and professional) than QuickBooks’ corresponding features. Wave Accounting, on the other hand, gives freelancers a lot more to work with for absolutely nothing.
We’ll be honest: those features are incredibly underwhelming for the price. It also has a few tax features, like automatic tax categorization. For $15 a month, it lets you send invoices, scan receipts, and separate business expenses from personal ones. QuickBooks Self-Employed, QuickBooks’ accounting plan for freelancers, is.
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