Wave vs QuickBooks Comparison Chart

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Ease of use
Features
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Users recommended to a colleague
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Reviews

Jay Wasack

Verified Reviewer

Serious Accounting Replacement for Quickbooks?

20/03/2015

What business doesn't write checks? Printing checks is not an option with Wave.

Pros

Low cost nice interfaces. Stripe integration

Cons

No automatic migration from Quickbooks.

Source: GetApp
2 of 2 people found this review helpful
Helpful?   Yes   No

Response from Wave Accounting Inc.


Hi,

I'm sorry that Wave wasn't the right fit for you. We take our customer feedback seriously, and leverage this feedback when determining what features we'll build next.

Based on customer requests for different features, as well as some other factors, check printing isn't currently something that's been prioritized, and as such it's not currently available with Wave.

-Sara from Wave

Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Jay Wasack

The Wave Accounting: Alternative to Quickbooks

05/03/2016

Pros

Wave promises to be a great alternative to quickbooks and quickbooks line with all of the features a small business needs and small business-friendly pricing.

Cons

What has made us hesitant to go all-in with Wave is their lack of migration support. The process of changing from QB is time consuming and if you're a small business you sometimes do not have the time.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

7/10

Recommendations to others considering Wave

I'd say if you can see yourself taking the necessary effort to export QB accounts and establish them in Wave, you might be very happy that you did.

Source: Software Advice
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Quintin Pease

Verified Reviewer

I suggest this to my startup business clients

01/12/2015

I'm two years into my business and for nearly the first year I used Wave. It's what I suggest to my clients who are looking for something cloud-based and easy to use. Yes, it is not perfect, but it's FREE. I currently use InvoiceASAP, but I'm strongly considering switching back to Wave after the first of the year. Why? The cost of one, but features are another. Nothing else free compares.

Pros

Receipt scanner. Invoices look nice. Email is sent from Wave account (Not quite sure that is a plus or a negative). Connects to your Bank Account and lets your categorize the transaction. Dashboard has great-looking layout with graphs. Paid invoices are marked as a receipt instead of an invoice which makes more sense to me. Will alert you of non-payment on a regular basis. Sales Tax Report is basic, but layout is very appealing. Has Premium Payroll option starting at $19/month with direct deposit included. On a more positive note, I recently received an email from the CEO saying to look out for improvements to Wave in the near future. Apparently, there will be new tools and features and it will be faster. I look forward to that.

Cons

It's not Quickbooks, but it works.

Rating breakdown

Value for money
Ease of use
Customer support

Time used: 6-12 months

Source: GetApp
6 of 6 people found this review helpful
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Sajid Zaman

Free accounting software for your company!

05/12/2016

Fantastic alternative to Quickbooks. Really easy to use and the application has everything you need for book keeping.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
T King

A wave of relief for my accounting needs

12/01/2017

I took a QuickBooks course to learn how to use an accounting software to manage my finances but I found I did not need all of the options that QuickBooks offered.

Pros

Ease of use. notifications.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Sanjit Mandal

Awesome accounting, and it's FREE!

24/01/2017

I switched from Quickbooks after my cost went up and then I had to pay for a monthly merchant account.

Pros

Ease of use and it's cost, FREE :)

Cons

Maybe some minimal support a month, but it's free so I can understand why it dose cost a little.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

10/10

Recommendations to others considering Wave

Just use it!

Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Stephanie Nowlin

It's Free!

30/11/2016

Not as pretty as Quickbooks, but has almost all same the invoicing and bank integration features... all at the low low price of FREE!

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
rohan kumar

very very good

10/09/2016

I can't believe how many years I've wasted with Quickbooks Online and Freshbooks....just to discover Wave and how absolutely amazing it is.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Richard Dolmat

Incredible

02/03/2016

I can't believe how many years I've wasted with Quickbooks Online and Freshbooks....just to discover Wave and how absolutely amazing it is.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Tim Waxenfelter

Free Accounting Software? Kidding right?

05/12/2016

I had used QuickBooks in the past and always struggled with it.

Pros

A free tool that let us move away from a spreadsheet without spending more.

Cons

It is slower than I expect from an online tool.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

8/10

Recommendations to others considering Wave

Try it. It won't be the worst thing if you need to switch to FreshBooks later.

Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Al Coors

Great Software for Small Business (Beta User)

08/10/2016

I started a business and wanted to avoid getting locked into the Quickbooks infrastructure like last time.

Pros

Cloud

Cons

Support

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10

Recommendations to others considering Wave

Runs on anything because it runs in a browser!

Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Chris Frary

OK, if you can live with some very big limitations

21/07/2017

Having used quickbooks previously I thought this was a great way to save some money on a new business adventure.

Pros

Full Disclosure - Used this software 2 years ago. Free and allowed us to sync with our bank accounts. Payroll wasn't included but was a cheap additional ($5/month?)

Cons

Payroll had severe limitations in NYS, Additionally after I moved away from the software I forgot to grab our payroll reports. It cost me $15 to retrieve them.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Julie Barber

A great solution for sending and keeping track of invoices

03/02/2016

I needed a short-term invoicing solution that works independently from our Quickbooks for 2 special events we have each year, and this is the perfect solution.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Melissa Whaley

The Best Cloud Accounting I've found

21/11/2014

I started using it about 5 years ago because I was tired of buying the "cheap" version of Quickbooks online to keep track of my husband's tutoring income.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
Nate Mandel

Verified Reviewer

Be aware!

14/02/2016

Conclusion: (aside from me being so frustrated, hardly able to contain myself) Well, firstly I would like to say that I switched to Quickbooks online right away.

Rating breakdown

Value for money
Ease of use
Customer support

Time used: Less than 6 months

Source: GetApp
9 of 13 people found this review helpful
Helpful?   Yes   No
Wave Reviews
Wave
All-in-one accounting, invoicing, payroll, payments & receipt management
Read more
George Pratsos

I expected more from a premium product

25/01/2017

There is a "workaround" which is messy. Wave has this feature and it's free 2.

Pros

- Fast - Easy to use

Cons

There is a "workaround" which is messy. Wave has this feature and it's free 2.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
QuickBooks Reviews
QuickBooks
Accounting and business management for small businesses
Read more
Al Coors

Buggy as #(%*&

08/10/2016

I used it as a small business back in 2009/2010 and when I started my next business chose to use Wave Accounting (cloud/online/free) instead.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
QuickBooks Reviews
QuickBooks
Accounting and business management for small businesses
Read more