Home / Compare / Bookkeeping, Profit & Mileage Tracking
Short answer:
| QuickBooks Online | Wave Accounting | |
|---|---|---|
| Pricing | Simple Start $38/mo (intro discounts often 50% off for 3 months) | Free core accounting; paid add-ons |
| Free option | Free trial | Yes |
| Works with | Web, mobile; bank feeds | Web, mobile |
| Best for | Resellers who have outgrown spreadsheets and want an accountant-friendly system | Budget bookkeeping for new resellers |
| Strengths | + Accountant-friendly + Bank and card feeds + Strong reporting | + Free core accounting + Simple interface + Invoicing included |
| Weaknesses | - Not reseller-specific - Price increases over time | - Not reseller-specific - Some features moved to paid plan |
| Visit QuickBooks Online | Visit Wave Accounting |
QuickBooks Online is general small-business accounting software with bank feeds, receipt capture, invoicing and reports. Most accountants know it, which simplifies tax time.
Wave offers free double-entry accounting, invoicing and receipt scanning on paid tiers, a solid free option for small reselling businesses.
Knowing your real profit per item, inventory value and deductible expenses separates a business from a hobby. Reseller-specific tools import sales from marketplaces and match them to your cost of goods automatically, while mileage trackers log sourcing trips in the background. Talk to a tax professional about what applies to you; these tools only make the record-keeping easy. The deciding factors usually come down to each tool's standout strength (for QuickBooks Online: accountant-friendly; for Wave Accounting: free core accounting) weighed against its main drawback (not reseller-specific versus not reseller-specific).
Still undecided? See QuickBooks Online alternatives or Wave Accounting alternatives.
Flip Profit Calculator ($12)
Spreadsheet that returns net proceeds, max buy price, ROI and a GO / COUNTER / PASS decision with fees for 10 platforms, plus a 500-row flip log and dashboard.
Small Business Bookkeeping & P&L ($15)
Spreadsheet bookkeeping and profit-and-loss template for small sellers.
Instant digital downloads sold via Gumroad.
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Get featuredChecked 2026-10-17. Confirm current pricing on each site.