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Best Accounting for Startups

Our curated selection of the top 10 tools. Compare features, pricing, and find the perfect fit for your needs.

10 toolsUpdated April 2026

TL;DR

  1. 1
    Mercury(8.0/10)You're a startup looking for a free banking platform with FDIC-insured accounts and modern tools.. Easy to use and affordable.
  2. 2
    Wave(7.6/10)You're a freelancer or small business looking for completely free accounting software with basic features.. Easy to use and affordable.
  3. 3
    Pilot(7.2/10)You're a startup seeking tailored bookkeeping and tax services without hiring in-house accountants.. Feature-rich.

Why Mercury is #1 for accounting for startups

Pricing value scores 10.0/10
Ease of use scores 8.0/10
Integrations scores 8.0/10

Quick Comparison

ToolPriceRatingScoreBest For
MercuryFree4.68.0startups and tech companies needing modern banking.
WaveFree — Additional services available for a fee3.67.6freelancers and small businesses needing free accounting.
PilotCustom pricing4.07.2startups and SMBs wanting fully managed bookkeeping services
Zoho InvoiceFree4.48.0freelancers and small businesses needing free invoicing.
Wise BusinessFrom $0/user/mo3.77.8businesses making frequent low-cost international payments.

Detailed Rankings

1
Mercury logo
MercuryFeatured

Modern banking platform built for startups with FDIC-insured accounts and powerful financial tools.

Easy to useGreat valueMany integrations
Pros:No monthly fees for standard banking accounts · Clean, intuitive interface built for modern teams
Cons:Not a traditional bank, relies on partner banks · Limited cash deposit options, no physical branches

Skip if: you need not a traditional bank, relies on partner banks

FreeAccounting & Finance8.0/10
2
Wave logo

Wave offers free accounting software for small businesses and freelancers.

Easy to useGreat value
Pros:Core accounting and invoicing features are completely free · Very intuitive interface for non-accountants
Cons:Limited integrations compared to competitors like QuickBooks · Payroll and payment processing cost extra

Skip if: you need limited integrations compared to competitors like quickbooks

Free — Additional services available for a feeAccounting & Finance7.6/10
3
Pilot logo

Pilot offers bookkeeping and tax services tailored for startups and small businesses.

Feature-richStrong support
Pros:Dedicated bookkeeping team handles everything for you · Built specifically for startups and growing companies
Cons:Pricing is significantly higher than DIY accounting software · Less control compared to managing books yourself

Skip if: you need pricing is significantly higher than diy accounting software

Custom pricingAccounting & Finance7.2/10
4
Zoho Invoice logo

Free invoicing software for freelancers and small businesses with time tracking and expense management.

FreeAccounting & Finance8.0/10
5
Wise Business logo

Streamline your business finances with Wise Business, the smart way to manage international payments.

From $0/user/moAccounting & Finance7.8/10
6
QuickBooks logo
QuickBooksFeatured

QuickBooks simplifies accounting for small businesses with powerful tools.

From $25/moAccounting & Finance7.8/10
7
ProfitWell logo

Free SaaS metrics and subscription analytics platform with revenue optimization tools.

Free — Paid add-onsAccounting & Finance8.4/10
8
Xero logo
XeroFeatured

Xero is a cloud-based accounting software tailored for small to medium-sized businesses.

From $13/moAccounting & Finance8.0/10
9
Divvy logo

Divvy simplifies expense management and budgeting for businesses.

Free — From $0/moAccounting & Finance7.8/10
10
FreshBooks logo
FreshBooksFeatured

FreshBooks simplifies invoicing and expense tracking for small businesses.

From $15/user/moAccounting & Finance7.6/10

How to Choose

When choosing the right tool for “best accounting for startups”, consider: your team size and budget, must-have features vs nice-to-haves, integration with your existing tools, and long-term pricing scalability. Start with free trials when available — most tools on this list offer them.

A
Alex CarterHead of Research

Former SaaS product manager turned analyst. Personally tested 200+ tools and built the scoring methodology behind SaasHunter rankings.

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Frequently Asked Questions

What is the best accounting for startups?

Based on user ratings and features, Mercury is the top pick for best accounting for startups. Other strong options include Wave, Pilot, Zoho Invoice.

Are there free options for accounting & finance?

Yes, Mercury, Wave, Pilot offer free plans in the Accounting & Finance category.

How did we rank these tools?

Tools are ranked based on keyword relevance to the use case, user ratings from the SaasHunter community, and feature coverage. Featured tools with strong ratings rank higher.

How often is this list updated?

This list is updated automatically as new tools are added and user ratings change. Pricing and feature information is refreshed regularly.

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