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Sage 50 Accounting vs Wave Comparison (2026)

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Good recommendations?

Sage 50 Accounting

Wave

Overview

Sage 50 Accounting is an online accounting solution for SMBs with Office 365 integration that helps manage accounting, invoicing, cash flow, inventory, taxes, and more.

With Wave's comprehensive, free and unlimited invoicing tools, you can send invoices, keep track of who owes what, send reminders and more.

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

view more detailsview details

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

view more detailsview details

Video & Screenshots

Pricing

Starting from

124.42

Per month

Free trial available
Credit cardless trial
Free account
Subscription based

Starting from

Per month

Free trial available
Credit cardless trial
Free account
Subscription based

User reviews

4.0

630

257

225

Value for money

Ease of use

Features

Customer support

58%

would recommend this app

4.4

1.7K

451

107

Value for money

Ease of use

Features

Customer support

78%

would recommend this app

Pros

“It helps keep our financial records organized makes reporting easy and gives us confidence that our numbers are accurate. While there are a few areas that could be improved such as support response times and ease of learning, it remains a reliable and trustworthy accounting solution that I would recommend to other businesses.”

Vijay K.

Technical Support Specialist

“I especially appreciate its ability to manage accounts payable, general ledger, bank reconciliations, and financial statements in one place. Once the data is set up correctly, it provides accurate financial information and good audit trails for tracking transactions.”

Martine A.

Finance

“Overall, I've had a solid experience with Sage 50 Accounting, finding it reliable and user-friendly for my regular financial tasks. While it's not perfect, I appreciate the customization options and the ability to track my business's financial performance in one place, which has helped streamline my workflow.”

Shalmali K.

Accounting Manager

Pros

“It helps save time with daily bookkeeping tasks, invoicing, and tracking payments. While it may not have all the advanced features of bigger platforms, it works well for basic business accounting needs.”

Sai T.

Construction Project Manager

“The starter edition is free which is awesome, you are able to process payroll, invoice clients and perform monthly accounting at no cost. ”

Tim O.

Partner

“Easy to input information and create my own financial Reports, and my accountant has no issues with importing my entries over for his own purposes to prepare my company’s yearly Return”

Joseph L.

Principal

Cons

“Keeping financial records, reviewing expenses, and managing invoices are part of running daily clinic operations, and doing all of this manually can become time consuming.”

Rakesh J.

Obstetrician And Gynecologist

“Alot has been experiencing as negative, who I final customization of sage 50 Accounting, it still requires costs on learning how to use bookkeeping features and more complicated on recording offline receipts while online”

Stephanie M.

Strategic operations leader

“The reporting capabilities within the custom reporting function is extremely difficult due to the fact that you have to roll all the way to the right side of the screen in order to locate the print button.”

Daria A.

Account Manager

Cons

“My customer paid by ACH/bank payment through Wave, the funds were withdrawn from the customer, and then Wave refused to release the payment to my business account because they claimed they could not verify my business.”

emir k.

Principal

“I tried to recommend my friend to use Wave but they were unable to sign-up as my friend works in healthcare, and there were some data storage restriction due to HIPAA and Wave's data policies, which prevented the registration to continue.”

Salina T.

Owner

“Wave did not first request specific documents, did not explain exactly what verification failed, and did not give me a meaningful opportunity to resolve the issue.”

emir k.

Principal