The Best Project Management Software (In-Depth Review)

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It’s every manager’s worst nightmare. 

That ONE project that never seems to end. Nothing goes as planned and missed deadlines lurk around every corner. You can’t remember the last time you laughed. Your boss is mad and your employees stumble around trying to figure out what to do next. 

You drive home wondering what went wrong and why the universe is working against you. If only there was a better way. 

It doesn’t have to be this way.

By choosing the right project management software, projects won’t throw you into that panic-inducing nightmare.

I’ve managed countless projects, hundreds of teams, and bounced around to every project management software you can think of. 

From Wrike to Trello. Trello to Asana. From Asana back to Wrike. 

Rinse and repeat with every possible combination of tools on the market. 

And you want to know a secret? It doesn’t matter which project management tool you use as long as you pick the right one and stick to it.

But to help make your decision easier, I reviewed six of my favorite options and put together a list of what to consider as you go through the process of choosing the right software. 

The top 6 options for project management software

  1. Zoho Projects – Best for versatility
  2. Wrike – Best for marketing teams
  3. Teamwork – Best for remote teams
  4. Asana – Best for small teams
  5. Smartsheet – Best for large teams 
  6. Trello – Best free project management software

How to choose the project management software for you

The best project management software for you depends on your projects’ complexity, the size of your team, and the features you need. 

And choosing the right one can feel impossible because there are thousands of different tools.

So before we dive into my top recommendations, let’s talk about what to look for as you go through the process of finding the right software. 

Number of users

Most project management software is charged on a per user per month basis. So, it’s crucial to understand how many seats you need and your budget. 

If you have a large team with hundreds of users, you’re better off choosing an enterprise plan with custom pricing to get the most bang for your buck. 

However, if you have less than 15 people, Asana is an excellent choice (free for up to 15 users). 

And if you have fewer than three users, you can use Zoho Projects for free as well. 

Project complexity

For simple and straightforward projects, basic project management software is all you need.

 And you can probably get by using a free forever plan with Trello, Asana, or Zoho Projects. 

However, as your projects get more complex, you need more robust features. So, you may need to upgrade to a paid plan if you go with a basic project management software. 

On the other hand, tools like Wrike and Smartsheet offer more advanced and industry-specific capabilities. But they come with a higher price tag. 

Task management

Task management is one of the most important features to pay attention to. 

While most project management software includes basic task management, it’s important to consider the advanced capabilities you need. 

Do you need to create task dependencies? Maybe you need to create recurring tasks on a daily, monthly, or yearly basis. Or perhaps you want to assign multiple people to the same task. 

This also includes things like:

  • Checklists and due dates
  • File attachments
  • Task archiving/deleting
  • Task prioritization
  • Automation
  • Subtasks

So, carefully consider how you plan to manage projects and the task management features you need before making any decisions. 

Discussion features

The best project management software includes internal discussion features like comments, forums, or instant messaging. 

This is an essential feature that lets you keep discussions streamlined and intact with the different tasks or phases of your project. Rather than searching through thousands of emails, you can open the task and see everything related to it right away. 

All of my top recommendations include this in some capacity. But make sure the software you choose includes robust discussion features as well. 

Customization

Every project and team is different. 

So it’s important that your project management software can adapt to meet your needs. Whether that’s a fully branded dashboard, the flexibility to scale, or improved functionality with the right integrations. 

Furthermore, think about how you want to view and share project progress. Different software offers different project views, reporting, and analytics. 

Start by creating a complete list of required features and integrations.

Lastly, consider everything you need your software to do and speak to a sales team to make sure their tool can handle your top priorities within your budget. 

The different types of project management software

There are various different types of project management software. Some are much better than others while some are reserved specifically for developers or enterprises with a large budget. 

Let’s walk through them together. 

Cloud-based

All of my top recommendations are cloud-based software. This means that the software lives on a cloud server and you can access it from any web browser on any device. 

This is the preferred type for most users because it’s easy to use, doesn’t require any infrastructure on your part, and you can access everything regardless of where you are. 

You typically pay for this type of software on a per user per month basis. 

Industry-specific

Different types of projects may require industry-specific solutions. 

These make your life easier with pre-made templates, automated workflows, and more features specific to the types of projects you’re managing. 

Most of the software on this list offer solutions for industries like:

  • Digital marketing
  • Manufacturing
  • Education
  • Real estate
  • Construction
  • Software development
  • Remote teams

With that said, these companies also offer standard subscriptions at reasonable prices that don’t include industry-specific tools. 

So you don’t have to use these higher-priced solutions unless you want to. 

Most of these solutions come with custom pricing based on your specific needs. So they may be outside your budget, especially if you’re a small company or a brand new business. 

On-premise

On-premise project management software lives on your servers, rather than on the cloud. And while it’s more secure, you can only access the software from devices on your network. 

You also may need to install new infrastructure or hire an in-house maintenance team to update and maintain the software for you. 

This is why none of the recommendations on this list are on-premise solutions. 

Open API

Open API software is perfect for developers or if you’re interested in hiring a developer to create a custom project management solution for your business. 

This type of software is highly customizable but difficult to manage if you’re not a developer. 

And this level of customization isn’t necessary for most users. So, I didn’t include any open API software on this list. 

#1 – Zoho Projects Review — The best for versatility

For most users, Zoho Projects is my top recommendation. 

They offer a free forever plan, and paid plans start at just $3 per user per month. So, it’s incredibly affordable for small businesses and can scale as your business grows. 

Whether you’re managing simple or complex projects, Zoho has everything you need, including powerful features like:

  • Hosted file storage
  • Task dependencies
  • Recurring tasks
  • Visual workflow builder
  • Time tracking
  • Task assignments and prioritization
  • Chats, forums, and feeds
  • Reporting and analytics

The drag-and-drop interface makes it easy to create workflows and track project progress quickly. Plus, you can view projects using Kanban, Gantt, or calendar views. 

Furthermore, their internal communication tools (chat, forum, and feed) streamline team collaboration where it matters most. 

You can also take advantage of more than 100+ built-in integrations with business tools you’re already using to run and manage your business. 

These integrations include Slack, Zapier, DropBox, and more. 

Zoho’s plans include:

  • Free — up to 3 users, two projects, and 10 MB of storage
  • Standard — $3/user per month and up to 10 projects (between 6 and 10 users)
  • Express — $4/user per month + unlimited projects (between 12 and 50 users)
  • Premium — $5/user per month + unlimited projects (between 15 and 100 users)
  • Enterprise — $6/user per month + unlimited projects (for 20+ users)

Start your 10-day free trial to take Zoho for a test drive today. 

#2 – Wrike Review — The best for marketing teams

Over 20,000+ businesses, including Google, Airbnb, and Dell, use Wrike to manage marketing and sales projects worldwide. 

With Wrike, your project management software adapts to meet your needs, rather than the other way around. And features like custom workflows and dashboards, automation, and real-time communication make this an excellent choice for dynamic marketing teams of all sizes. 

You also get end-to-end visualization so you can hone in on problem areas while maintaining constant forward movement with each project as a whole. 

Furthermore, Wrike includes powerful marketing-specific templates including

  • Campaign management
  • Product launching
  • Marketing operations
  • Content creation
  • Event management

And you can combine those with standard project management features like task management, proofing and approvals, communication tools, and real-time progress visibility. 

Project views include board, spreadsheet, Gantt, calendar, and custom views. 

Wrike also includes seamless integrations with 400+ business tools, like Salesforce, G Mail, and Google Drive. So, you don’t have to worry about software incompatibility issues or anything like that. 

You can start on their free forever plan for up to five users, but you may find it limiting. Paid plans include:

  • Professional — $9.80/user per month (5 – 15 users)
  • Business — $24.80/user per month (5 – 200 users)
  • Enterprise — Custom (5 – unlimited users)

They also offer tailored plans for marketing teams, but you have to contact them for a custom quote. However, it includes specialty templates, Wrike Proof, and more. 

Start your 14-day free trial or sign up for a free forever plan to get started today.

#3 – Teamwork Review — The best for remote teams

If you’re managing a remote team (or a soon-to-be remote team), Teamwork is an excellent choice. Their remote work module is specifically for distributed teams who need a flexible way to keep work moving forward. 

20,000+ teams plus big names, including Disney, Netflix, and Spotify, rely on Teamwork for their remote project management needs — and for a good reason. 

The software makes collaboration, task management, and project visibility a breeze regardless of where your team lives (and works). And as Teamwork says, “Just because you’re not in the same room doesn’t mean you can’t be on the same page.”

This remote project management software includes excellent features like:

  • Internal chat software
  • Centralized workspaces
  • Board views
  • Custom project templates
  • Workload balancing
  • Time tracking
  • Gantt charts

Furthermore, you can pick and choose which software you need. Or, you can save 49% by bundling all of Teamwork’s software together. 

At $35/mo per user (minimum of five users), it’s more suitable for businesses with a decent budget. But, their project management module alone is much more affordable, starting at $10/mo per user. 

Alternatively, you can start with a free forever plan for up to five users and two projects. This is an excellent choice for small teams or fast-growth companies. 

Sign up for a 30-day free trial to try Teamwork’s remote project management solution today.

#4 – Asana Review — The best for small teams

Asana is an excellent choice for teams of up to 15 people. 

And with millions of users spanning 190+ countries worldwide, you can rest assured you’re in good hands. 

Their free forever plan includes 15 seats, unlimited tasks and projects, assignees, due dates, and everything you need (aside from a few advanced features) to manage projects of all sizes efficiently. 

With Asana, you can map out even the smallest steps of every project to ensure forward movement and track your team’s progress along the way. 

Furthermore, you can enjoy features like:

  • Drag-and-drop board views
  • Timeline views
  • Automated workflows
  • Work requests and forms
  • Calendar view
  • Portfolio overviews
  • Workload balance
  • Custom fields
  • Reusable templates

Not only that, but the entire interface is beautiful and easy to navigate. 

You can choose between pre-made industry templates or create your own to get your team on track in no time. 

And with 100+ integrations including Adobe, Slack, Gmail, Chrome, Drive, and more, you can rest easy knowing Asana plays well with the tools you’re already using. 

Plus, you can share files, communicate, and share feedback all in one place. 

With a free price tag (for up to 15 users), Asana’s hard to beat. However, if you outgrow the free plan, you can upgrade to one of their paid plans, including:

  • Premium — $10.99 per user per month
  • Business — $24.99 per user per month
  • Enterprise — custom pricing only

Sign up for a free forever plan to get started with Asana today!

#5 – Smartsheet Review — The best for large teams

Smartsheet is a dynamic project management software built for enterprises and large teams. However, the solution is flexible enough to suit businesses and projects of all sizes. 

They specialize in rapid-movement projects with a ton of moving parts. So, you can trust Smartsheet for even the most complicated projects. 

With Smartsheet, you can gain end-to-end project visibility with grid, card, Gantt, and calendar views. Furthermore, you can gather data from forms, automated workflows, and recurring tasks to see what you need to see, and when. 

However, the software goes beyond essential project management. It’s an award-winning work execution platform that’s easy to implement, manage, and maintain. 

Plus, 75% of fortune 500 companies use Smartsheet to get things done. 

So, you’re in good company. 

All plans also include on-demand customer support, continuous education materials, training + certification programs, and consulting services to help you make the most of your new project management software. 

And you also get collaboration tools, all four project views, and extensive mobile apps/integrations with every plan. 

While Smartsheet is overkill for most small businesses, it’s an excellent choice for large companies and enterprises looking to streamline their business processes. 

Their paid plans include:

  • Individual — $14 per month 
  • Business — $25 per user per month (minimum of three users)
  • Enterprise — custom (enterprise-grade features and tools)
  • Premier — custom (enterprise + premium features and tools)

Sign up for a 30-day free trial to try Smartsheets risk-free with no credit card required. 

#6 – Trello Review — The best free project management software

If you’re on a tight budget, Trello is an excellent free project management software. 

Plus, millions of users, including Pinterest, Peloton, Fender, and Costco, rely on it to map out and manage projects of all shapes and sizes. 

It’s an excellent tool for basic visual project management for any type of project, from home improvement and side hustles to marketing campaigns and full-blown business operations as well. 

Trello uses boards, cards, and lists to organize projects, making it a familiar and comfortable platform. You can drag and drop cards, move cards to new boards, and cross tasks off as you go along.

Furthermore, you can create automatic workflows with rule-based triggers, calendar commands, and more. 

Plus, the free forever plan includes intuitive features like:

  • Unlimited personal boards
  • Unlimited cards and lists
  • 10 MB file attachments
  • Up to 10 team boards
  • Basic automation
  • And two-factor authentication

It’s an excellent solution for teams of all sizes since everyone can join for free. However, you need to upgrade to a paid plan if you need more than ten team boards. 

And if you outgrow the free plan, you can upgrade to an affordable paid plan for more advanced features. Trello’s paid plans include:

  • Business Class — $9.99/user per month
  • Enterprise — $17.50/user per month 

Sign up for a free forever plan to get started with Trello today.

Summary

Zoho Projects is my #1 recommendation for most users, starting at just $3 per user per month with an extensive free forever plan as well. 

However, there isn’t a one-size-fits-all project management solution. 

So, make sure you understand your needs and requirements before making any decisions. And don’t forget to use the criteria we talked about as you go through the process. 

What’s your go-to project management software?

The post The Best Project Management Software (In-Depth Review) appeared first on Neil Patel.

Best Accounting Software

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

82% of businesses fail because of poor cash flow management and subpar accounting practices. Yikes. It’s no secret that accounting is hard — and there’s a reason people spend their entire lives learning how to do it well. 

But there’s good news. 

You can avoid becoming a part of this statistic without heading to university to get a Bachelor’s (or Master’s) degree in accounting.

Enter… modern-day accounting software. It exists to help even the smallest businesses improve their bookkeeping processes, save time, and make fewer costly mistakes. 

Plus, understanding your numbers can lead to smarter business decisions and improved overall business health/performance as well.

However, choosing the best accounting software isn’t easy, thanks to the thousands of options on the market. Which one offers everything you need without a slew of confusing features you’ll never use? 

If you’re not sure how to answer that question, you’re in the right place. This article covers how to choose the right software, the different types of software, and my top five recommendations. 

Let’s get started!

The top 5 options for accounting software: 

  1. FreshBooks – Best for freelancers and solopreneurs
  2. QuickBooks – Best accounting software for small businesses
  3. Zoho Books – Best for businesses with 50+ customers/vendors
  4. Sage50 Cloud – Best desktop accounting solution
  5. Wave – Best free accounting software

How to choose the best accounting software for you 

There isn’t a one-size-fits-all accounting solution for every business in every industry. Furthermore, the size and complexity of your business play a role as well. 

Because of this, it’s critical to understand your budget and software requirements before making any decisions. To help you out, these are the criteria I considered when creating this list. 

Feel free to use them as you go through the process of making your final choice. 

Number of clients, vendors, and users

It’s important to consider the number of clients and vendors you manage because certain plans limit the number you’re allowed to have. So be sure to pay close attention to the limitations of each plan before making your final decision. 

Furthermore, you need to know how many user accounts you need as well. Some of the basic plans included in this list limit the number of users to one or two. 

So, you may need to upgrade to an advanced plan to accommodate your needs if you need more than that. 

Mobile accessibility

Make sure the software you choose offers a mobile app so you can manage payments, invoices, and cash flow on the go. It may not seem like an important feature now, but you never know when (and where) you need to access your accounts or send an invoice.

Client management

The best accounting software includes intuitive features that let you follow up on invoices and a portal where your clients can pay you. With internal client management tools, revenue and accounting are centralized in one location to simplify the process. 

Plus, it’s easier on your clients. 

Billing and invoicing

Most accounting software includes invoicing functionality but in different capacities. Some offer highly customizable invoices while others are easier to use with fewer customization options. 

Furthermore, the software you choose should make paying invoices as easy as possible for your clients. Some other billing and invoicing features to consider include:

  • Automatic payment reminders
  • Payment due dates
  • Late fees
  • Recurring invoices
  • Ability to save client information
  • Payment processing options
  • One-click payments

Lastly, consider the payment processing fees associated with each software. Most charge a set percentage plus a small fee for credit card transactions and 1% for ACH transfers. 

Receipt management

Many modern accounting tools make it easy to categorize and store digital versions of your receipts. All you have to do is snap a photo of your receipt and attach it to the associated expense in your account. 

However, not every software includes this. So, if this is something you’re interested in, be sure to choose an accounting software with receipt management capabilities. 

Banking

Connecting your bank accounts and credit cards to your accounting software makes account reconciliation a breeze. It also reduces the chances of human errors when making manual entries. 

However, not every software offers this capability on basic plans (but all of my top recommendations do). 

So make sure you opt for a software that includes this functionality.  

Integrations

It’s important to consider the tools you’re already using to run your business. Why? Because the best accounting software for you integrates seamlessly into your tech stack with minimal hassle or headache. 

So before you get started, make a list of everything you need and the tools you already use. 

Then, make sure the top contenders on your list include your full requirements and the necessary integrations. 

You can even schedule a call with a sales rep for each accounting software to walk through your list of requirements to make sure they can handle everything you’re looking for. 

The different types of accounting software

When it comes to accounting software, you have several options. Some of them are better than others, but the best choice for you depends on your situation. 

So let’s walk through your options before we dive into my top recommendations. 

DIY spreadsheets

Spreadsheets are a free, DIY option if you’re on a tight budget. They work okay if you’re just getting started and have a limited number of business transactions. 

However, they’re not a long term solution and they leave a lot of room for human error. 

If you’re looking for a free option, I highly recommend Wave as an alternative. 

Cloud-based accounting software

Most modern-day accounting software is cloud-based, making it easily accessible from anywhere with an internet connection. 

And it’s usually billed on a monthly basis, scalable, affordable, easy to use, and built for small to midsize businesses. 

Every option on this list falls under this category. 

Database accounting software

This is a type of highly secure accounting software specific to enterprises and large businesses. 

It’s very expensive and requires an in-house team of engineers and/or financial specialists to install and maintain. 

Because of that, I didn’t include this type of software in my research. 

Now, let’s dive into my top accounting software recommendations based on the size of your business and your specific needs. 

#1 – FreshBooks Review — The best for freelancers and solopreneurs

If you’re a freelancer, solopreneur, or small business, FreshBooks is a great accounting software to consider. To date, they serve more than 10 million businesses around the world. 

And the software complies with double-entry accounting standards, providing you with more in-depth insight into your finances and business transactions. 

FreshBooks specializes in invoicing, but the tool also includes small business features, like:

  • Time and expense tracking
  • Recurring invoices
  • Automatic payment reminders
  • Automatic late fees
  • Multiple currencies
  • Project management
  • Client proposals
  • Tax calculations
  • Reporting and analytics

Furthermore, your account dashboard includes a birds-eye view of your business’s financial health. It shows outstanding invoices, total profit, revenue by source, expenses, and unbilled time all in one centralized location. 

Plus, you can manage your books on the go using their robust mobile app. 

And the software integrates with over 200+ business tools like Shopify, G Suite, Stripe, Zoom, Squarespace, and Gusto. So, you don’t have to worry about incompatibility with most of the tools you already use. 

But like most accounting software, FreshBooks charges a transaction fee of 2.9% + $0.30 per transaction for credit cards and 1% for ACH transfers. However, these fees are pretty standard across the industry, and you don’t have to worry about any additional hidden costs. 

Their paid plans start at $6 per month for up to five clients making it very affordable for freelancers, solopreneurs, and small business owners alike. 

However, FreshBooks can scale alongside your business with other plans, including:

  1. Plus — $10 per month for up to 50 clients
  2. Premium — $20 per month for up to 500 clients
  3. Select — custom pricing for more than 500 clients

Sign up for a free trial to take FreshBooks for a test drive today! Alternatively, you can save 50% off your first three months. However, you have to choose one offer or the other. 

#2 – QuickBooks Review — The best accounting software for small businesses

If you’re running a small business or starting a new business from scratch, QuickBooks is a popular choice — and for a good reason. In fact, over 5.6 million users around the world trust them for their accounting needs. 

From small businesses to self-employed individuals, QuickBooks offers an array of excellent accounting solutions to match your needs. 

Furthermore, you can choose from cloud-based, desktop, or POS system deployment, depending on your situation. However, I highly recommend the cloud-based solution for most businesses. 

Plus, the online software integrates with apps like PayPal, Square, and Shopify to simplify cash flow management in one centralized location. 

With their online solution, you can easily access your account anywhere globally with an internet connection. Plus, you can use the mobile app to take pictures of your bills and receipts rather than filing a heap of paper receipts in your office. 

You also get access to features like:

  • Customizable invoices
  • Income and expense tracking
  • GPS mileage tracking
  • Automatic sales tax calculations
  • Bank and credit card integration
  • Expense categories
  • Standard reporting

And you can easily upgrade to an advanced plan if you outgrow the basic plan or need more advanced features. Some of their advanced features include 1099 management, inventory management, and time/attendance tracking. 

So regardless of what you need, there’s a plan to suit your needs. 

The cheapest plan starts at $25 per month. And you can add payroll services to your plan, starting at an extra $45 per month + $4 per employee per month with more advanced options available.

Furthermore, QuickBooks charges $0.25 + 2.9% for invoices, 2.4% for swipes, and 3.4% for keyed payments per transaction. Alternatively, they charge 1% for ACH transfers. And you can save up to 40% on transaction fees if you charge more than $7,500 per month. 

Like FreshBooks, QuickBooks offers a 30-day free trial OR 50% off your first three months. 

Get started with QuickBooks today!

#3 – Zoho Books Review — The best for businesses with 50+ customers/vendors

If you manage many clients and vendors, Zoho Books is one of the most affordable accounting software to consider. Their cheapest plan includes up to 50 billable clients, and they also have packages for up to 500 billable clients as well.

So, you don’t have to worry about exceeding your monthly limits. 

Furthermore, Zoho Books includes access to powerful features like:

  • Tax compliance tools
  • Custom quotes and estimates
  • Automatic payment reminders
  • Vendor and expense tracking
  • Inventory management
  • Automatic bank feeds
  • Time tracking
  • Customizable invoices
  • Role-based access
  • 40+ integrations

Zoho Books also offers an intuitive mobile app for managing your accounts on the go. With the app, you can track your mileage, reach out to customers, track your time, create invoices, and more. 

Each plan also includes a private client portal for accepting payments, unlimited phone and email customer support, free SSL encryption, and open rest APIs to connect with third-party applications. 

Furthermore, Zoho offers a wide range of other business tools that integrate seamlessly together. Running a subscription-based business? Or need advanced inventory management? Maybe you need extensive expense reporting for your team. 

Odds are, Zoho offers what you need. You can bundle tools together to save money and create a custom business management system for your business. 

I highly recommend starting with the Basic Plan ($9 per month) and upgrading to an advanced plan when and if you need to. The Basic Plan includes up to 50 contacts, two separate user accounts, and five automated workflows to simplify your accounting processes. 

Zoho’s advanced plans include:

  • Standard — $19 per month for up to 500 contacts
  • Professional — $29 per month for more than 500 contacts

All of which are very affordable for businesses of all sizes. Furthermore, you can add extra users and 50 auto-scans for $2/month and $5/month, respectively. 

Sign up for a 14-day free trial to see if Zoho Books is right for you today!

#4 – Sage 50Cloud Review — The best desktop accounting solution

Sage 50Cloud is a desktop accounting application seamlessly connected to the cloud. So, you get the speed and reliability of a desktop software paired with the flexibility and remote accessibility of using the cloud. 

Furthermore, Sage offers cloud-based accounting software, so you’re not limited to the desktop application if that’s not your thing. However, their desktop solution is where they really shine. 

You can securely access your accounts anywhere, anytime, allowing you to work when you want and how you want. So, you’re not limited to your desktop computer despite the benefits of using desktop software. 

Plus, as the #1 rated accounting solution for small businesses, it includes features like:

  • Cash flow management
  • Flexible invoicing
  • Recurring invoices
  • Pay Now functionality
  • Accounts payable + banking
  • Automatic reconciliation
  • Advanced inventory management
  • Job and project costing
  • Payroll processing

As you can see, Sage 50Cloud includes a robust set of features you typically have to pay extra for with the other options on this list (i.e., payroll). 

And with those advanced features comes an advanced price tag. 

So if you’re looking for basic accounting software, you’re better off going with FreshBooks or QuickBooks. However, if you need these advanced features, pricing starts at $50.58 per user per month. 

Their paid plans include:

  • Pro Accounting — $50.58 per month for simple accounting
  • Premium Accounting — $78.25 per month for advanced features
  • Quantum Accounting — $131.66 per month for all features

However, you can save a bit more by choosing an annual plan and paying in advance. Additionally, you can subscribe to Microsoft 365 for an extra $150 per year. 

You can try Sage’s cloud-based accounting software free for 30 days with no installations and no credit card required. After that, you can purchase Sage 50Cloud if it’s a good fit for your business. 

Get started today!

#5 – Wave Review — The best free accounting software

If you have a tight budget or need a simple accounting solution, Wave is an excellent choice. It’s an award-winning finance software for entrepreneurs and businesses of all sizes. 

Plus… their accounting features are entirely free with no hidden fees or monthly payments. However, they charge a standard transaction fee of 2.9% (3.4% for American Express) + $0.30 for credit cards and 1% for ACH transfers. 

You can also add payroll services starting at $20 per month. But accounting, invoicing, and receipt scanning are all free forever. 

This free accounting software includes features like:

  • Unlimited income and expense tracking
  • Unlimited collaborators and accountants
  • Double-entry accounting system
  • Powerful reporting and analytics
  • Bank + credit card connections
  • Tax categories
  • Recurring invoices
  • Automatic payment reminders
  • Unlimited receipt scanning
  • 2-business-day payouts

Plus, you get unlimited email support, as well. And if you’re wondering how Wave stays in business, it’s through their transaction fees and payroll services. So, yes. The software really is free forever, with no hidden fees. 

Furthermore, you can download Wave’s mobile app to access and manage your accounts on the go from anywhere with an internet connection. 

Sign up for a free account to get started today!

Summary

I recommend FreshBooks (for freelancers and individuals) or QuickBooks (for small teams). These two solutions are suitable for most users. They’re incredibly affordable, easy to use, and scalable. Plus, they include all your essential accounting features.

And if you’re on a tight budget, Wave is an excellent free alternative. 

However, the best accounting software for you depends on what you need and what you can afford. So, feel free to use the characteristics we talked about as you go through the process of choosing the right software for your business. 

What’s your favorite accounting software?

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Nimble (YC S17) is hiring a senior software engineer (React/Django)

Nimble’s mission is to ensure that every K-12 student has access to excellent teachers. Our smart applicant tracking system (ATS) leverages machine learning to help school districts identify and hire the best educators for their classrooms.

We’re seeking a Senior Software Engineer who is excited to help execute our product vision.

At Nimble we use ReactJS, Django, and Postgres, hosted on Heroku. We welcome team players with initiative, who enjoy working as part of a lean, tight-knit team making a positive impact.

Nimble is a distributed team, meaning that you can work from anywhere. Despite being remote, we connect daily and work hard to build camaraderie. We are an equal opportunity employer and encourage people of all backgrounds, experiences, abilities and perspectives to apply!

REQUIREMENTS:

– Bachelor’s degree in Computer Science, Engineering or related field, or equivalent training

– 4+ years software development experience; at least 2 years with React, Django, and Django Rest Framework

– Experience building software as a team using Git, Subversion, etc. and doing code reviews

– Good testing skills; know how and what to test

– Relevant DevOps experience, including knowledge of performance/scalability best practices

– Located in or willing to work in US-based time zone

MORE INFO:

https://www.hirenimble.com/nimble-senior-dev

HOW TO APPLY:

If you meet each of the above requirements and would like to be considered, please send a resume to lauren@hirenimble.com.


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