FreshBooks is often rated as outstanding and is suitable for both small businesses and freelancers. Cloud storage is especially nice if you are on the go. It is available in both a mobile Windows app and a mobile Mac app and is 100% web-based.įreshBooks, which is often compared to QuickBooks, is a mobile app that operates and stores data in the cloud. It also helps the business develop illustrative charts and graphs. The app is strong from a tax perspective. The income statement, balance sheet, and statement of cash flows become an easy quarterly or yearly task. It takes your data and develops your financial statements. QuickBooks Online is also a powerful reporting tool. There's no need to return to the office or turn on your laptop. If you are visiting a customer, you can prepare an estimate or invoice right there on the spot. Your data is then immediately available in the app. QuickBooks Online can be used to create and edit customers, invoices, sales receipts, and estimates. Small business owners and anyone who handles the bookkeeping and accounting for a company will find that this app is invaluable.
QuickBooks Online is better characterized as a powerful accounting app than a straightforward bookkeeping application. The Wave app, on the other hand, is free. The basic plan, called Simple Start, does not have some of the features that the Wave app has and it costs $25 per month.