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Wave vs Cheqbook Comparison (2026)

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Good recommendations?

Wave logo

Wave

Cheqbook logo

Cheqbook

Overview

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

Cheqbook is fast and easy to pick up for business owners while having the pro features that accountants and bookkeepers need. We can save business owners two weeks a year through our patent pending import and smart categorization.

  • 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

19

Per month

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

Starting from

9.87

Per month

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

User reviews

4.4

1.7K

5

4

3

2

1

1K

451

107

34

78

  • Value for money
  • Ease of use
  • Features
  • Customer support
78%
would recommend this app

5.0

5

5

4

3

2

1

5

0

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

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.”
ST

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. ”
Verified reviewer profile picture

Tim O.

Partner

“I am able to track my spending with categories, as well, and that makes it easier to do my taxes at the end of each year.”
Verified reviewer profile picture

Amber M.

Owner

Pros

Not enoughreviews yet

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“My customer paid by ACH/bank payment through Wave, the funds were withdrawn from the customer, and then Wave refused to release the payment to my business account because they claimed they could not verify my business.”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

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.”
Verified reviewer profile picture

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.”
ek

emir k.

Principal

Cons

Not enoughreviews yet

  • Vendor responds to reviews
  • Last review20 days ago
  • Vendor responds to reviews
  • Last review3 years ago

Key features

  • Total features86
  • ACH Payment Processing
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • CRM
  • Cash Flow Management
  • Cash Management
  • Categorization/Grouping
  • Chart of Accounts
  • Collaboration Tools
  • Commission Management
  • Credit Card Processing
  • Currency Conversion
  • Customer Statements
  • Customizable Branding
  • Customizable Templates
  • Dashboard
  • Data Import/Export
  • Data Security
  • Direct Deposit
  • Electronic Payments
  • Email Reminders
  • Encryption
  • Estimating
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Legal Professionals
  • For Medical Purposes
  • For Real Estate
  • For Religious Organizations
  • For Small Businesses
  • Fund Accounting
  • General Ledger
  • Income & Balance Sheet
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Mobile App
  • Multi-Currency
  • Online Invoicing
  • PCI Compliance
  • Partial Payments
  • Payment Reconciliation
  • Payment Tracking
  • Payroll Management
  • Payroll Reporting
  • Profit/Loss Statement
  • Project Accounting
  • Projections
  • 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 Compliance
  • Tax Filing
  • Tax Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Transaction History
  • Transaction Management
  • Total features11
  • ACH Payment Processing
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • CRM
  • Cash Flow Management
  • Cash Management
  • Categorization/Grouping
  • Chart of Accounts
  • Collaboration Tools
  • Commission Management
  • Credit Card Processing
  • Currency Conversion
  • Customer Statements
  • Customizable Branding
  • Customizable Templates
  • Dashboard
  • Data Import/Export
  • Data Security
  • Direct Deposit
  • Electronic Payments
  • Email Reminders
  • Encryption
  • Estimating
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Legal Professionals
  • For Medical Purposes
  • For Real Estate
  • For Religious Organizations
  • For Small Businesses
  • Fund Accounting
  • General Ledger
  • Income & Balance Sheet
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Mobile App
  • Multi-Currency
  • Online Invoicing
  • PCI Compliance
  • Partial Payments
  • Payment Reconciliation
  • Payment Tracking
  • Payroll Management
  • Payroll Reporting
  • Profit/Loss Statement
  • Project Accounting
  • Projections
  • 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 Compliance
  • Tax Filing
  • Tax Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Transaction History
  • Transaction Management

Integrations

  • Total integrations4
  • Microsoft Outlook
  • PayPal Payments
  • QuickBooks Online
  • Shoeboxed
  • Stripe Payments
  • Zapier
  • Total integrations3
  • Microsoft Outlook
  • PayPal Payments
  • QuickBooks Online
  • Shoeboxed
  • Stripe Payments
  • Zapier