I’m running a small startup and need affordable accounting software. Are there any free or low-cost tools that still handle invoicing, payroll, and tax filing effectively?
Wave and Zoho Books are excellent cost-effective solutions, they both have free or low priced plans with invoicing, tracking expense, and simple tax requirements ideal to startups.
The best option is Wave Accounting, as it offers free core accounting features like invoicing, expense tracking, and reporting, with no monthly fees. Xero and QuickBooks Online Simple Start are great, scalable options for a low monthly cost.
If you’re a startup on a tight budget, go with Wave Accounting — it offers free core accounting tools (invoicing, expense tracking, basic reports) and is geared for cost‑conscious early‑stage businesses.