There are many options available when it comes to choosing accounting software for your business. Two popular choices are Wave and FreeAgent. In this article, we'll compare Wave and FreeAgent to help you decide which one is right for you.
What is Wave?
Wave is a popular accounting software that offers many features for businesses of all sizes. Some of the features include invoicing, expense tracking, and reporting. Wave is free to use, and there are no monthly fees.
What is FreeAgent?
FreeAgent is another popular accounting software that offers many features for businesses of all sizes. Some of the features include invoicing, expense tracking, and reporting. FreeAgent has a free trial, and the monthly price is $9.95.
Features
Invoicing
Both Wave and FreeAgent offer invoicing features. With Wave, you can create and send invoices, and track payments. With FreeAgent, you can also create and send invoices, and track payments. However, FreeAgent offers a few additional features, such as the ability to set up recurring invoices and automatic payment reminders.
Expense Tracking
Both Wave and FreeAgent offer expense tracking features. With Wave, you can track your business expenses and categorize them for easy reporting. With FreeAgent, you can also track your business expenses and categorize them for easy reporting. However, FreeAgent offers a few additional features, such as the ability to attach receipts to expenses and create expense reports.
Reporting
Both Wave and FreeAgent offer reporting features. With Wave, you can create reports to track your income and expenses. With FreeAgent, you can also create reports to track your income and expenses. However, FreeAgent offers a few additional features, such as the ability to create custom reports and export reports to Excel.
Pricing
Wave is free to use, and there are no monthly fees. FreeAgent has a free trial, and the monthly price is $9.95.
Conclusion
Both Wave and FreeAgent offer many features for businesses of all sizes. If you're looking for a free accounting software, Wave is a good option. If you're looking for an accounting software with a few additional features, FreeAgent is a good option.