5 Best QuickBooks Self-Employed/Solopreneur Alternatives

5 Best QuickBooks Self-Employed/Solopreneur Alternatives

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We curated the five best software options when you’re working solo or with limited staff and QuickBooks Solopreneur isn’t ideal.

  • Best overall alternative: Wave Accounting
  • Best free plan for small businesses: Zoho Books
  • Best for freelancers: Xero
  • Best for service-based businesses: FreshBooks
  • Best budget option runner-up: ZipBooks

Intuit QuickBooks is a household name, but its Solopreneur edition can be pricey and complicated. Fortunately, lots of alternatives exist. Wave Accounting is a great all-around winner. For niche needs, FreshBooks and others serve freelancers and smaller entities well.

Let’s discover your best alternate options for QuickBooks Solopreneur.

Is Solopreneur the same as Self-Employed?

Solopreneur replaced Self-Employed in the United States. Some countries, such as Australia and Canada, still use the Self-Employed name, though. There are also outdated legacy articles in the QuickBooks knowledge base that use the old title.

1
Multiview ERP

Employees per Company Size

Micro (0-49), Small (50-249), Medium (250-999), Large (1,000-4,999), Enterprise (5,000+)

Micro (0-49 Employees), Small (50-249 Employees), Medium (250-999 Employees), Large (1,000-4,999 Employees)
Micro, Small, Medium, Large

Features

Accounts Receivable/Payable, General Ledger, Inventory Management, and more

2
Acumatica Cloud ERP

Employees per Company Size

Micro (0-49), Small (50-249), Medium (250-999), Large (1,000-4,999), Enterprise (5,000+)

Micro (0-49 Employees), Small (50-249 Employees), Medium (250-999 Employees), Large (1,000-4,999 Employees)
Micro, Small, Medium, Large

Features

Accounts Receivable/Payable, API, Departmental Accounting, and more

Top QuickBooks Solopreneur alternatives comparison

Starting price (monthly)
Payroll available
Free trial
Includes mileage tracking
QuickBooks Solopreneur
$20.00
Yes, add-on
30 days
Yes
Visit QuickBooks
Wave Accounting
$0.00
Yes, add-on
No
No
Visit Wave Accounting
Zoho Books
$0.00
Yes, add-on
14 days
Yes
Visit Zoho Books
Xero
$15.00
No, requires Gusto (sold separately)
30 days
Yes
Visit Xero
FreshBooks
$19.00
No, requires Gusto (sold separately)
30 days
Yes
Visit FreshBooks
ZipBooks
$0.00
No, requires Gusto (sold separately)
30 days
No
Visit ZipBooks

Wave Accounting: Best overall alternative

Wave Accounting icon.
Image: Wave Accounting

Wave Accounting shines as a stellar alternative to QuickBooks Solopreneur for freelancers and others seeking comprehensive, no-cost features. The title boasts a broad suite of financial tools, including double-entry accounting, unlimited invoicing and receipt scanning, without a subscription fee. Plus, its user-friendly interface and robust functionality make it highly approachable.

Why we chose Wave Accounting

Wave Accounting is the best overall alternative due to its free yet powerful Starter plan, which delivers a complete set of features typically exclusive to premium accounting software. It’s particularly appealing to new businesses or solo entrepreneurs trying to save money without compromising functionality.

For more information, read our full Wave Accounting review.

Pricing

  • Starter: Free.
  • Pro: $16/month, billed monthly.

Features

  • Unlimited transaction records and invoices.
  • Customizable invoicing.
  • Automated receipt scanning.
  • Double-entry accounting.
  • Supports multiple businesses in one account.

Pros and cons

Pros
Cons
  • Budget-friendly.
  • User-friendly design.
  • Generous features.
  • Limited third-party integrations.
  • No bank connection on free plan.

Zoho Books: Best free plan for small businesses

Zoho Books icon.
Image: Zoho Books

Zoho Books is an excellent choice if you love simplicity but need robust scalability. The platform delivers a top-notch double-entry accounting solution with abundant functions for growing small businesses. Luckily for your wallet, it offers a zero-cost starter subscription.

With this QuickBooks alternative, you’ll nab classic features like customizable invoices and rich analytics, as well as a user-friendly interface perfect for small businesses needing a quick, easy option. When you’re ready to grow, you can seamlessly connect to other Zoho products.

Why we chose Zoho Books

The solution offers a lot that meets the needs of small businesses. Plus, it boasts a user-friendly platform that is suited for long-term growth via the broader Zoho ecosystem.

For more information, read our full Zoho Books review.

Pricing

Six subscription tiers are on tap. Annual subscriptions include an approximate 15% discount.

  • Free: $0 monthly; max one user.
  • Standard: $20 monthly; max three users.
  • Professional: $50 monthly; max five users.
  • Premium: $70 monthly; max 10 users.
  • Elite: $150 monthly; max 10 users.
  • Ultimate: $275 monthly; max 15 users.

Features

  • Seamless connections to other Zoho titles.
  • Multi-level transaction approvals.
  • Automated 1099-MISC reports.
  • Real-time bank feeds.
  • Mileage tracking.

Pros and cons

Pros
Cons
  • Free entry-level plan.
  • Easy to use.
  • Scalable.
  • Limited invoices.
  • Above average costs on higher plans.
  • Free plan limited to businesses with less than $50,000 in annual revenue.

Xero: Best for freelancers

Xero icon.
Image: Xero

Xero delivers a powerful yet simple solution tailored to meet the needs of freelancers and sole proprietors. Its strong points include easy bank reconciliation, detailed financial reporting and a massive ecosystem of app integrations. These value-adds make it a scalable solution as your business grows. Plus, the title partners with Gusto for payroll when you’re ready to take on staff.

Why we chose Xero

Freelancers favor Xero due to its straightforward pricing, robust mobile app and excellent features that simplify the complexities of financial management. These features make it easy to work solo yet stay on top of your business finances from anywhere.

For more information, read our full Xero review.

Pricing

Xero has three plans available. A 75% discount applies to the first six months.

  • Early: $15 monthly; includes 20 invoices.
  • Growing: $42 monthly; unlimited invoices.
  • Established: $78 monthly; unlimited invoices.

Features

  • Real-time bank feeds.
  • Online invoicing and quotes.
  • Cash flow tracking.
  • Integrations with more than 800 apps.
  • Multifactor authentication for added security.

Pros and cons

Pros
Cons
  • Strong mobile functionality.
  • Easy to use and manage.
  • Extensive third-party app ecosystem.
  • Pricey.
  • Multiple businesses require separate subscriptions.

FreshBooks: Best for service-based businesses

FreshBooks icon.
Image: FreshBooks

FreshBooks caters to service providers. The solution emphasizes time-saving advantages, like hands-free recurring invoicing and automated bank transaction organization. It also boasts a project dropbox so clients can upload documents. As a result, you’ll always have a centralized place to store everything you need to finish your contracted work.

Why we chose FreshBooks

We love this title for its thoughtful tools that go beyond accounting to include time tracking, project management and client retention tools. It expertly solves the most common pain points involved in serving clients.

For more information, read our full FreshBooks review.

Pricing

FreshBooks has three tiers available. Annual plans receive 10% off. All plans score 60% off for the first four months.

  • Lite: $19 per month; unlimited invoices to five clients max.
  • Plus: $33 per month; unlimited invoices to 50 clients.
  • Premium: $60 per month; unlimited invoices and unlimited clients.
  • Select: Custom pricing.

Features

  • Customizable invoices and automatic billing.
  • Expense tracking linked to clients or projects.
  • Time tracking integrated directly into invoices.
  • Automated late payment reminders.
  • Comprehensive reports and dashboards.

Pros and cons

Pros
Cons
  • Easy to use.
  • Automated time-saving features.
  • Focused on serving clients.
  • Pricey.
  • Limited scalability.

ZipBooks: Best budget option runner-up

ZipBooks icon.
Image: ZipBooks

No sweat if QuickBooks Solopreneur is more expensive than you’d like because ZipBooks boasts a free accounting solution with a user-friendly interface. You can send unlimited customized invoices to any number of clients without paying a cent. You’ll also snag basic analytics and multi-currency support without charge.

If you have some cash to spare, this competitor’s paid plans offer enhanced features. For less than QuickBooks Solopreneur, ZipBooks offers advanced reports, receipt scanning and artificial in

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