Best Wave Accounting Alternatives
6 accounting software alternatives to Wave Accounting, sorted by rating. Find a better fit for your workflow and budget.
Why Switch from Wave Accounting?
- Transaction fees add up for payments (2.9% + $0.60)
- Advanced automation locked behind Pro paywall
- Reported issues with payroll and payment delays
- Limited functionality for complex business needs
- Cash flow risks for SMBs relying on large payments
Top Alternatives
FreshBooks
FreshBooks is cloud-based accounting software tailored for small businesses and non-accountants, offering automated invoicing, expense tracking, double-entry bookkeeping, and tax-ready reports accessible via mobile and web. It emphasizes ease-of-use with features like bank reconciliation and accountant access to streamline financial management.
Xero
Cloud accounting software for small businesses with bank reconciliation and invoicing.
QuickBooks
Small business accounting software with invoicing, expense tracking, and reporting.
Zoho Books
Cloud-based accounting software designed for small businesses and accountants to manage invoicing, expenses, inventory, and financial reporting in one integrated platform. Offers automation, multi-currency support, and collaboration features with flexible pricing including a free tier.
Oracle NetSuite
Oracle NetSuite is the world's leading cloud-based business management software suite that integrates ERP, financials, CRM, and ecommerce capabilities. It serves as a unified platform providing visibility, control, and agility to fast-growing organizations.
Sage
Cloud-connected desktop accounting software designed for small businesses with in-house bookkeepers. Combines desktop power with cloud flexibility for invoicing, financial management, inventory, and payroll tasks.
Quick Comparison
| Tool | Rating | Starting Price | Free Tier | Pricing Model |
|---|---|---|---|---|
| Wave Accounting | 4.4/5 | Free plan | Yes | freemium |
| FreshBooks | 4.5/5 | $21/mo | No | subscription |
| Xero | 4.4/5 | $25/mo | No | subscription |
| QuickBooks | 4.3/5 | $38/mo | No | subscription |
| Zoho Books | 4.3/5 | Free plan | Yes | freemium |
| Oracle NetSuite | 4.2/5 | $99/mo | No | subscription |
| Sage | 4.2/5 | $124.42/mo | No | subscription |