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LessAccounting vs Wave Accounting Comparison

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Overview

We designed the accounting app for small businesses and freelancers to save you pain and suffering. Our app provides a stress...

Category Leaders

Wave is an all-in-one accounting solution for small businesses which combines income and expense tracking, invoicing, receipt...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

Pricing

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.4

25

5

4

3

2

1

16

6

1

2

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
91%
would recommend this app

4.4

1.4K

5

4

3

2

1

923

396

78

28

53

  • Value for money
  • Ease of use
  • Features
  • Customer support
93%
would recommend this app

Pros

The new look and all the things of importance all on the home screen is a great improvement.
Online customer support has been outstanding. They always get back quickly and have been responsive and have actually added features based on my feedback.
Easy to use with banking integration, report generation, manual journal entries, saves time, more coherent and user friendly than Quickbooks, current update has a nice modern feel to it.

Pros

The application is amazing, allowing invoice creation online with ease, theres also a mobile app that works just as good. The ability to quickly view whats outstanding or upcoming is an absolute gem.
It's a great software and works well for my basic use case as a solopreneur. The payments feature is also nice and the reporting is great.
I thought it was going to be great when I saw that it functioned with Etsy. And I loved that it is free.

Cons

Since the software is now working much more poorly than it did, this is even more distressing. Frankly, less accounting is no longer meeting my needs.
Limited invoice templates and sometimes the invoice links are not working, so I need to resend the invoices.
There is nothing to say as I received all the attention we needed to solve a problem.

Cons

I am not able to write off a partly paid bill as bad debt if all attempts to reclaim the payment from my clients fail. Sometimes, people pay about 70% and fail to pay for the rest.
It can be glitchy at times. I had problems with my transactions imported from my connected bank account, and then when I tried to remove the account and re-connect it, I received error messages.
Then, January of 2021, Paypal import was abandoned. Without those 2 features, the software is essentially useless since it creates extra work each month.
  • Vendor responds to reviews
  • Last review8 months ago
  • Vendor responds to reviews
  • Last review10 days ago

Key features

  • Total features47
  • ACH Payment Processing
  • Access Controls/Permissions
  • Account Reconciliation
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Accrual Accounting
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Asset Accounting
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Billing Portal
  • Bookkeeping Services Integration
  • Budgeting/Forecasting
  • CPA Firms
  • Cash Flow Management
  • Cash Management
  • Collaboration Tools
  • Commission Management
  • Contact Database
  • Contingency Billing
  • Core Accounting
  • Credit Card Processing
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Templates
  • Data Import/Export
  • Data Security
  • Electronic Payments
  • Email Reminders
  • Estimating
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • For Medical Purposes
  • For Real Estate
  • For Religious Organizations
  • For Small Businesses
  • Fund Accounting
  • General Ledger
  • Hourly Billing
  • Income & Balance Sheet
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Mobile App
  • Mobile Payments
  • Multi-Currency
  • Nonprofits
  • Online Invoicing
  • PCI Compliance
  • Partial Payments
  • Payment Collection
  • Payment Processing
  • Payroll Management
  • Profit/Loss Statement
  • Project Accounting
  • Project Billing
  • Purchase Order Management
  • Real Time Notifications
  • Real Time Updates
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reminders
  • Remote Access/Control
  • Reporting & Statistics
  • Reporting/Analytics
  • Revenue Recognition
  • SSL Security
  • Sales Tax Management
  • Spend Management
  • Status Tracking
  • Tax Calculation
  • Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Transaction History
  • Transaction Management
  • Total features77
  • ACH Payment Processing
  • Access Controls/Permissions
  • Account Reconciliation
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Accrual Accounting
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Asset Accounting
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Billing Portal
  • Bookkeeping Services Integration
  • Budgeting/Forecasting
  • CPA Firms
  • Cash Flow Management
  • Cash Management
  • Collaboration Tools
  • Commission Management
  • Contact Database
  • Contingency Billing
  • Core Accounting
  • Credit Card Processing
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Templates
  • Data Import/Export
  • Data Security
  • Electronic Payments
  • Email Reminders
  • Estimating
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • For Medical Purposes
  • For Real Estate
  • For Religious Organizations
  • For Small Businesses
  • Fund Accounting
  • General Ledger
  • Hourly Billing
  • Income & Balance Sheet
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Mobile App
  • Mobile Payments
  • Multi-Currency
  • Nonprofits
  • Online Invoicing
  • PCI Compliance
  • Partial Payments
  • Payment Collection
  • Payment Processing
  • Payroll Management
  • Profit/Loss Statement
  • Project Accounting
  • Project Billing
  • Purchase Order Management
  • Real Time Notifications
  • Real Time Updates
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reminders
  • Remote Access/Control
  • Reporting & Statistics
  • Reporting/Analytics
  • Revenue Recognition
  • SSL Security
  • Sales Tax Management
  • Spend Management
  • Status Tracking
  • Tax Calculation
  • Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Transaction History
  • Transaction Management

Integrations

  • Total integrations13
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • Gmail
  • HubSpot CRM
  • Microsoft Excel
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • authorize.net
  • Total integrations38
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • Gmail
  • HubSpot CRM
  • Microsoft Excel
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • authorize.net

User reviews that mention these apps

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Jason M.

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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LessAccounting logo

LessAccounting

An Easy To Use Accounting & Invoice Software For Small Businesses

Reviewed 8 years ago

Using LessAccounting.com has been a pleasure. Before, I was using Quickbooksonline.com and my experience with the customer service was poor. I was eager to leave and knew about Less Accounting. Their tool was easy to use and quick to transition to. I love it and it makes my freelancing business easier to manager than before.

Pros

It is easy to use, and a simple program. Their support is great and they seem responsive to feedback for improvement and ideas. I expect to continue using them for years to come.

Cons

Their tools are simple, so you may find it limiting if you have more complex accounting needs.

RG
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Raylene G.

Writing and Editing, self-employed

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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LessAccounting logo

LessAccounting

Very easy to list my individual jobs and earnings

Reviewed 2 years ago

So much less complicated and time consuming than Quickbooks and other accounting programs I've used.

Pros

I don't have to click on alot of individual categories to get where I need to enter my information.

Cons

I'd like to see more details in itemizing my personal inventory

BD
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Bobbie D.

Internet, self-employed

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

LessAccounting logo

LessAccounting

More features for your money

Reviewed 3 years ago

Staff and support teams are all first rate!

Pros

I absolutely hate accounting, but love this product! Once my bank statements are in the app and things are categorized, the accounting takes care of itself. I created a user account for my CPA and he gets what he needs from the program, prepares my taxes, and it's done! SO easy!

Cons

Honestly, this provides everything I need, including a time tracker for my hours, which integrates with invoicing.

AR
AvatarImg

Verified reviewer

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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LessAccounting logo

LessAccounting

Great accounting software

Reviewed 5 years ago
Pros

This software does all the math heavy lifting for you so you dont really have to be a math person to accounting

Cons

this software has very limited functionalities versus other ones in this class. If you can afford more buy a better one

BB
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Brad B.

Marketing and Advertising, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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LessAccounting logo

LessAccounting

Less accounting review

Reviewed 3 years ago

Overall good. With the exception of invoicing and reporting.

Pros

Expense tracking, account reconciliation and project tags

Cons

Creating invoices. We still use fresh books for our estimates and invoicing and then need to import them into less accounting. We've simply found that the fresh books invoicing is much easier to use, more intuitive and requires far less steps to manage overall. The less accounting invoice process seems somewhat backward in our opinion. Also in reporting there is no option to compare this year's revenue and profits with last year's revenue and profits. To me this should be one of the most basic features of any accounting package. The ability to see where your business stands versus the previous year or other periods.

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Maria B.

Accounting, 11-50 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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LessAccounting logo

LessAccounting

A simple and easy accounting.

Reviewed 5 years ago
Pros

The interface of this software is very user friendly. This is a simple way to keep a track of your records. This software is easy to use. As the name suggests this can be used by the people who knows less accounting. This software can be used by small businesses and entrepreneurs who don’t want to spend more time for book keeping. This software also do friendly calculations of math even you are not good in math.

Cons

Because their tools are simple and easy to use so this can be used for simple accounting purposes. This software is not for you if you want to do complex accounting calculations. And you are limited to the tools available. This software cannot be used by the companies and growing businesses as it’s a small scale software. Because of the limited options if your pocket allows a good software then go for that one.

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Shirin E.

Telecommunications, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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LessAccounting logo

LessAccounting

Nimble, easy to get into and can expand as your business grows

Reviewed 2 years ago

It's flexible, allows tagging for understanding areas of expense and income and allowed us to know what to report to various state and local agencies for revenue.

Pros

There was not much of a learning curve. if you need flexibility and you don't have access to a CPA in the early stages of your business, Less Accounting can keep you whole and up to date with your books with their bank account and credit card integration. Even large, known name brands aren't as easy to use as this and some of them even lack recurring invoicing. Less Accounting had this as far back as 2010.

Cons

Would love to see a mobile app in the future.

RC
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Rachelle C.

Accounting, self-employed

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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LessAccounting logo

LessAccounting

Perfect for Business Owners who don't

Reviewed 3 years ago

As a freelancer, I've been using LessAccounting to keep track of my finances. It's been a great tool that has allowed me to send invoices and proposals to my clients, see whether the invoices have been opened, import bank / Paypal transactions automatically, seamlessly categorize my transactions, and pull all the reports I need!

Pros

The way the software is set up allows someone who has ZERO experience in accounting or bookkeeping to get started right away with their bookkeeping! It was built for non-accountants and they live up to their promise of making everything easy enough for non-accountants to "DIY" their books.

Cons

I feel like features can be added for users who want to further personalize their bookkeeping in terms of more technical accounting, but keeping things simple seems to be effective in ensuring that the software can be picked up by anyone to start using it right away.

BE
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Brian E.

Design, self-employed

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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LessAccounting logo

LessAccounting

Better Alternative to Quickbooks

Reviewed 3 years ago

I'd say very positive. I would much rather use Less than Quickbooks.

Pros

I've used Quickbooks and Zero in the past, but Less Accounting is just simpler to use and manage. I feel like QB and others are just too complicated for my needs, and the support is awful and confusing, but Less has much better support.

Cons

Nothing really. The interface used to be a bit old, but they updated it so now it's very nice.

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Craig H.

Computer Software, 1-10 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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LessAccounting logo

LessAccounting

Everything you need, nothing you don't

Reviewed 3 years ago

LessAccounting helped me get my business' financial affairs in order.

Pros

Less Accounting makes keeping accurate books for your business very easy. The intuitive interface made getting started a breeze, and importing my banking information was super easy. From there the reconciling of accounts and assigning my expenses to the proper category took just a few minutes.

Cons

Nothing, it's very easy to use and the support is great.

JK
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Jacob K.

Graphic Design, self-employed

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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LessAccounting logo

LessAccounting

LessAccounting helped me grow my business

Reviewed 3 years ago

Overall, it has been a positive experience. It has saved me time in invoicing clients and has saved me valuable time during the dreaded tax season.

Pros

I've been using the accounting software as well as the bookkeeping services for nearly seven years. LessAccounting has helped me focus on what I do best by keeping my finances organized. The invoicing feature is also a HUGE help in collecting payments from clients quickly and easily.

Cons

Integration with my bank and my most commonly used services was easy to set up. They have recently made some big improvements that have addressed some of the issues I had in the past.

LE
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Lara E.

Management Consulting, self-employed

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend2/10

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LessAccounting logo

LessAccounting

Used to be great, but...

Reviewed 4 years ago

For several years I had a great experience with Lessaccounting. Now I dread opening it. Which accounts are failing to sync? How many times will I have to try to reauthenticate until it will work? Why? I haven't changed a thing in the login information. Will I ever get a response from the support tech? It's just dreadful now.

Pros

I love the automation in downloading statements. For years it worked nearly flawlessly.

Cons

The deterioration in support. For many years, I'd get help almost instantly. The quality of the support was fantastic. There was a sense of humor in the company communications that made it fun to get in touch. In the last year or so, the support people never get back to me. Since the software is now working much more poorly than it did, this is even more distressing. Frankly, less accounting is no longer meeting my needs. I'm shopping for a better provider.

Vendor response

Thanks so much for taking the time to leave us your feedback, Lara. It was immensely helpful. Over the past 12 we've made a lot of progress as a company. Our platform was enhanced with a new banking integrator, which made all the bank connection very stable. Our customer support and bookkeeping team has doubled in size and we now handle most customer requests within minutes - 20 hours a day 7 days a week. We're now a full service bookkeeping and accounting firm specializing on bookkeeping, tax filings, tax planing and strategy and budgeting. Our goal is to make our clients succeed by save $$$ on taxes and freeing up their time to work on their business. Please do not hesitate to contact us in case of any questions.