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Buyer guide
How much does accounting software cost for a small business?
Entry plans range from free (Wave Starter) to $38 per month (QuickBooks Online Simple Start). FreshBooks Lite is $23 per month and Xero Early is $27 per month after its October 1, 2026 increase. QuickBooks limits Simple Start to 1 user plus 2 accountant accesses, so a 5-user team needs Plus at $140 per month. Wave's low price comes with payment processing fees.
| Tool | Entry plan | Price per month | Mid tiers | Worth knowing |
|---|---|---|---|---|
| Wave | Starter | $0 | Pro $19 | Payment processing fees (2.9% plus $0.60 per card) are where the cost lives |
| FreshBooks | Lite | $23 | Plus $43, Premium $70 | Plus covers 50 billable clients |
| Xero | Early | $27 | Growing $59, Established $97 | Raised from $25, $55, $90 on October 1, 2026 |
| QuickBooks Online | Simple Start | $38 | Essentials $85, Plus $140, Advanced $340 | Simple Start covers 1 user plus 2 accountant accesses |
Only Wave has an ongoing free plan. QuickBooks Online, Xero and FreshBooks each have a 30-day free trial. Intuit currently advertises 50% off for 3 months for new QuickBooks customers, and FreshBooks' pricing page still shows a 90%-off promotion that its own offer terms previously said ended August 18, 2026.
User and client limits drive the real cost. QuickBooks Essentials supports 3 users and Plus supports 5, FreshBooks Plus covers 50 billable clients, and Xero includes accountant and bookkeeper access at no extra cost.
Figures are published list prices aggregated from vendor pricing pages and independent third-party research as of October 2026. Totals marked as arithmetic are StackScope's multiplication of a listed per-seat price. Confirm current pricing directly with each vendor before purchasing. This is not a recommendation to buy any specific product. See the full Accounting Software report for every source and flagged conflict.
FAQ
Common questions
How much does accounting software cost for a small business?
From free for Wave Starter, to $23 per month for FreshBooks Lite, $27 for Xero Early and $38 for QuickBooks Online Simple Start, at standard prices.
Is there free accounting software?
Wave's Starter plan is $0 and ongoing, with unlimited invoices, estimates, bills and bookkeeping records. Its cost comes from payment processing fees and paid add-ons. QuickBooks Online, Xero and FreshBooks offer 30-day free trials only.
Did accounting software prices go up in 2026?
Xero did. Effective October 1, 2026, Early rose from $25 to $27 per month, Growing from $55 to $59 and Established from $90 to $97.
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Vendor pricing: QuickBooks Online pricing · Xero pricing · FreshBooks pricing · Wave pricing
Head-to-head: QuickBooks vs. Xero · Xero vs. FreshBooks