Best QuickBooks Alternatives in 2018

In this article we look at the best QuickBooks alternatives. After analysing the market and many pretenders, we decided to focus on Xero, Invoicera and Wave.

Xero: Best QuickBooks Alternative Overall

If you’re simply looking for the best like-for-like alternative to QuickBooks we recommend Xero. This is because Xero is like QuickBooks, only after they redesigned it from scratch to make it easier to use, bundled in payroll for five employees and allowed unlimited users at each price point. The best way to find out for yourself is to take Xero for a road test in a 30-day free trial.

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Best QuickBooks Alternatives Summary Table

logo-of xero-the-best-alternative-to-quickbooksinvoicera-logo-one-of-the-best-quickbooks-alternativeswave-logo-one-of-the-best-quickbooks-alternatives
Recommended Price package$30/month$19.95/month$0 Free/month
Core featuresInvoicing
Expense tracking
Tax tracking
Manage inventory
Payroll management
Contact management
Expense tracking
Expense tracking
Contact management
Payroll ($15/month)
Credit card payments (2.9% + 30¢/ transaction)
Customer serviceGood - Email and Call-backGood - Phone, Email and Live ChatAdequate - Email
Visit ZeroVisit InvoiceraVisit Wave

logo-of xero-the-best-alternative-to-quickbooks

Xero: Best QuickBooks Alternative Overall

If you’re looking for the best like-for-like alternative to QuickBooks, it’s difficult to dispute that Xero is the best overall challenger. Let’s share with you how Xero is picking up market share and growing it’s customer base so fast.

Why Choose Xero over QuickBooks?

Here are some very good reasons why you should seriously consider Xero as the best alternative to QuickBooks:

  • It’s easier to setup than QuickBooks and the most intuitive system to use
  • It has all of the same features and payroll is included in the standard version, which is not the case with QuickBooks
  • All Xero price packages come with unlimited users
  • You get more bang for your buck

When to go with QuickBooks

If the accountant you work with is wed to QuickBooks, it may make more sense to go with QuickBooks rather than find a new accountant. Having said this, Xero is growing fast with 1 million users and over 16,000 accountants using the system.


 StarterStandardPremium 10
Price package$9/month$30/month$70/month
Package limitationsNo payroll
No multi-currency
5 invoices/month
5 bills/month
20 banks transactions/month
5 employees on payroll
All other features are unlimited
10 employees on payroll
All other features are unlimited

Visit Xero


Invoicera: Best Alternative for Startups

Invoicera is a great stripped back alternative for startups, freelancers and small businesses who just want to manage invoices and expenses and don’t need payroll or a full accounting software solution at the present time. Let’s share with you why it’s rapidly building a loyal customer base.

Why Switch to Invoicera?

The most compelling reason to switch to Invoicera is if you are a freelancer, consultant or very early stage startup. This is because:

  • It’s free to use until you have more than three customers to invoice
  • It couldn’t be simpler to setup and use as it’s been stripped back from full-accounting software to provide only what you need right now
  • You can customize invoice templates and adopt a professional approach with your customers
  • Compared with using a spreadsheet, it will save you a lot of time

When to go with Full Accounting Software

If you complete a high volume of transactions and/or have employees to pay Invoicera is not suitable. You would be better served with a complete small business accounting system like Xero or QuickBooks Online.


Price package$0/month$15/month$149/month
LimitationsNo API access
3 client limit
1 user limit, add users at $9/user
All features are unlimited
All features are unlimited

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Wave: Best Free QuickBooks Alternative

If you want a less time consuming way to manage your accounts than using a spreadsheet, Wave offers an excellent solution to rival paid software solutions like FreshBooks and Zoho Books. Let’s explain what you get and when it makes sense to switch to Wave.

Why Switch to Wave?

Choose Wave if you’re looking for a complete small business accounting system at no cost. Wave will provide you with:

  • Virtually all of the same basic features you’ll find in Xero or QuickBooks
  • New features like bank reconciliation being added all the time
  • No artificial limits on what you get for free
  • Good email based customer support

When to go with Paid Accounting Software

If you need to pay three or more employees, it makes more sense to opt for Xero because Wave will then cost more/month and Xero has a better user experience, a more complete feature set and better customer support.


Additional customer supportLive chat $9/month
Phone and live chat $19/month
Additional featuresPayroll $15/month, plus $4 per employee
Credit card payment processing at 2.9% + 30¢ per transaction

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The Juice Press

This article reviewed the best QuickBooks alternatives. There are a number of other good alternatives, not least Zoho Books, FreshBooks and Kashoo. But in our view, Xero, Invoicera and Wave provide the best QuickBooks alternatives with a complete solution at an affordable price.

If you’re looking for the best like-for-like alternative to QuickBooks we recommend Xero. This is because Xero is like QuickBooks, only easier to use and better value for money.

Visit Xero