4 accounting software options for small business. 1. Quickbooks - good accounting, widely adopted, costs more than it should, but everyone uses it, including me. Starts at $30/month. 2. Freshbooks - good for freelancers and small service-based businesses. Has fewer features and not as commonly used. Starts at $19/mo. 3. Xero with an X - lots of features, good for small business, but is missing some features like inventory management and advanced reporting. Starts at $16/mo. 4. Wave - good basic accounting, has a free plan, but is missing some features like inventory management. Starts for free, believe it or not.