Wave
Wave is an app that is available on both iOS and Android devices that offers free expense tracking. The app also connects to your bank account so that you can see all of your transactions in one place. Another great thing about Wave is that it offers invoicing and accounting features as well. This means that you can do your entire accounting on the app if you want to. The only disadvantage of Wave at the moment is that it has decided to limit its services to the USA and Canada.
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Akaunting
Akaunting is another great free expense tracking app that is available for both iOS and Android devices. In opposition to wave, Akauting do not limit its services and they are available world wide. Akaunting offers a lot of the same features as Wave does, but it also has a few unique features as well. One of these is the ability to track your mileage. This can be helpful if you have a business that requires you to travel frequently. Akaunting also allows you to create reports so that you can see where your money is going each month.
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Xero
Xero is an app that is also available on both iOS and Android devices. Xero offers similar features to Wave, but it also has a few additional features. For example, Xero allows you to create purchase orders and bills. You can also track inventory with Xero. This app is great for businesses that have a lot of inventory to keep track of. It is an amazing app that allows you to scan your slips instead of carrying them around. It is a great software in all if you have extra money to spend on an accounting software.
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QuickBooks
QuickBooks is an app that is available on both iOS and Android devices. QuickBooks is a bit more expensive than Wave and Xero, but it offers a lot of features that those two apps do not. For example, QuickBooks allows you to track time and mileage. You can also create estimates and invoices with QuickBooks. This app is great for businesses that need to track time and mileage for their employees. Like Xero, QuickBooks isn’t free but is user friendly if you have the extra bucks for it
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Wave
Wave is an app that is available on both iOS and Android devices that offers free expense tracking. The app also connects to your bank account so that you can see all of your transactions in one place. Another great thing about Wave is that it offers invoicing and accounting features as well. This means that you can do your entire accounting on the app if you want to. The only disadvantage of Wave at the moment is that it has decided to limit its services to the USA and Canada.
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Akaunting
Akaunting is another great free expense tracking app that is available for both iOS and Android devices. In opposition to wave, Akauting do not limit its services and they are available world wide. Akaunting offers a lot of the same features as Wave does, but it also has a few unique features as well. One of these is the ability to track your mileage. This can be helpful if you have a business that requires you to travel frequently. Akaunting also allows you to create reports so that you can see where your money is going each month.
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Xero
Xero is an app that is also available on both iOS and Android devices. Xero offers similar features to Wave, but it also has a few additional features. For example, Xero allows you to create purchase orders and bills. You can also track inventory with Xero. This app is great for businesses that have a lot of inventory to keep track of. It is an amazing app that allows you to scan your slips instead of carrying them around. It is a great software in all if you have extra money to spend on an accounting software.
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QuickBooks
QuickBooks is an app that is available on both iOS and Android devices. QuickBooks is a bit more expensive than Wave and Xero, but it offers a lot of features that those two apps do not. For example, QuickBooks allows you to track time and mileage. You can also create estimates and invoices with QuickBooks. This app is great for businesses that need to track time and mileage for their employees. Like Xero, QuickBooks isn’t free but is user friendly if you have the extra bucks for it
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Zoho Books
Zoho Books is a versatile accounting app available on both iOS and Android devices, offering a range of features at an affordable price. It includes expense tracking, invoicing, and time tracking, with the added benefit of automated workflows. Zoho Books integrates seamlessly with other Zoho apps, making it a great option for businesses already using the Zoho ecosystem. While Zoho Books isn’t free, its pricing is more accessible than some competitors, and it offers a comprehensive set of features that can grow with your business.
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Free Budget Planner
Click here for the PDF Version of the Planner
Conclusion
All four of these apps are great for keeping track of expenses. Wave and Akaunting are both free, while Xero and QuickBooks is a bit more expensive. However, all four offer different features that might be beneficial for your business. It is important to decide what features are most important for you and your business before choosing an app.
