Best Free Accounting Software for Small Businesses
Consider free accounting products just as carefully as you would paid ones to ensure your business doesn’t grow out of them.
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Small-business accounting software helps entrepreneurs keep track of where their money is coming from and going to. While free accounting programs often lack features like inventory management, advanced reporting and live support, they can be sufficient for some micro businesses, self-employed people and freelancers.
Before browsing free accounting software options, consider your business’s growth trajectory. It’s important to choose a product that can scale up with your business to avoid tedious data transfers and learning curves. You’ll also want to check in with your accountant or bookkeeper to make sure they can work with the program you choose.
Here are our top picks for free small-business accounting software.
Small-business accounting software helps entrepreneurs keep track of where their money is coming from and going to. While free accounting programs often lack features like inventory management, advanced reporting and live support, they can be sufficient for some micro businesses, self-employed people and freelancers.
Before browsing free accounting software options, consider your business’s growth trajectory. It’s important to choose a product that can scale up with your business to avoid tedious data transfers and learning curves. You’ll also want to check in with your accountant or bookkeeper to make sure they can work with the program you choose.
Here are our top picks for free small-business accounting software.
Best Free Accounting Software for Small Businesses
Product | Best for | Starting at | Promotion | Learn more |
---|---|---|---|---|
![]() Wave Accounting Learn more on NerdWallet's secure website | Best for Overall best free option | $0 Free (Wave makes money via paid money management products). | N/A | Learn more on NerdWallet's secure website |
![]() Zoho Books Learn more on NerdWallet's secure website | Best for Scalability | $0 Additional pricing tiers (per month): $20, $50, $70, $150, $275. | 14- 14-day free trial of the Premium plan. | Learn more on NerdWallet's secure website |
![]() Akaunting Learn more on NerdWallet's secure website | Best for Customization | $0 Additional pricing tiers (per month): $36. | N/A | Learn more on NerdWallet's secure website |
![]() ZipBooks Learn more on NerdWallet's secure website | Best for Free third-party payment integrations | $0 Additional pricing tiers (per month): $15, $35, custom. | 30- 30-day free trial of Smarter and Sophisticated plans. | Learn more on NerdWallet's secure website |
Our pick for
Overall best free option
Unlike some paid accounting software plans, Wave doesn’t put limits on the number of collaborators, accountants, invoices, expenses or bank connections you can add. There are also in-house payroll and bookkeeping assistance options available to businesses that need them.

on NerdWallet's secure website
Wave Accounting

Starting at
$0Free (Wave makes money via paid money management products).
Promotion
N/Aon NerdWallet's secure website
Our pick for
Scalability
Zoho Books is a good choice for small businesses that know they’ll grow out of free accounting software down the road. It includes a handful of higher-tier plans with reporting tags, project tracking and workflow rules, among other features for more complex businesses.

on NerdWallet's secure website
Zoho Books

Starting at
$0Additional pricing tiers (per month): $20, $50, $70, $150, $275.
Promotion
14-14-day free trial of the Premium plan.
on NerdWallet's secure website
Our pick for
Customization
Akaunting’s free plan is intended for freelancers and self-employed entrepreneurs who don’t need features like expense tracking or a general ledger. Users can pick and choose from add-ons for inventory, double-entry accounting, payroll and expense tracking — for a fee.

on NerdWallet's secure website
Akaunting

Starting at
$0Additional pricing tiers (per month): $36.
Promotion
N/Aon NerdWallet's secure website
Our pick for
Free third-party payment integrations
ZipBooks’ free plan stands out for its Square and PayPal payment integrations, a feature some companies only provide in paid plans or as an add-on. Aside from payments, free plan subscribers can also integrate with business apps like Gusto and Slack.

on NerdWallet's secure website
ZipBooks

Starting at
$0Additional pricing tiers (per month): $15, $35, custom.
Promotion
30-30-day free trial of Smarter and Sophisticated plans.
on NerdWallet's secure website
How to choose free small-business accounting software
Even though you’re not investing money when picking a free accounting software platform, you are investing your time. Plus, changing apps may mean inputting your financial data each time.
Consider these questions when deciding which accounting software is best for your business.
How accessible is it?
You won’t always be in front of a computer, which means that on-the-go accessibility is a must. Look for platforms that have robust mobile websites or apps, when possible, to help you manage your money from wherever you are.
Can it scale?
Your accounting needs may be modest today, but they may not stay that way forever. That’s why it’s important to pick a platform that accommodates your changing needs.
Is it compatible with your bookkeeper or accountant’s software?
Your financial professionals need to be able to access your books easily and with minimal risk of error. Check with your bookkeeper or accountant before choosing software.
Does it include must-have features?
If you have specific needs for your business’s financial management, you may find that some of these free options don’t have everything you’re looking for. That means you’ll need to consider add-ons or upgraded, paid versions of these apps.
Is there a paid option that better fits your needs?
Free accounting tools are great when they cover your requirements. However, if a tool doesn’t make it easy for you to manage your money, then it may save you time and headaches to go with a paid option instead. You can usually opt for free trials before committing to a platform, too.
If a free option isn’t right for you, consider NerdWallet’s top picks for small-business accounting software.
Last updated on August 2, 2022
To recap our selections...
NerdWallet's Best Free Accounting Software for Small Businesses
- Wave Accounting: Best for Overall best free option
- Zoho Books: Best for Scalability
- Akaunting: Best for Customization
- ZipBooks: Best for Free third-party payment integrations