Akaunting vs Wave Accounting
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
Akaunting offers more features (67 vs 47) and fewer integrations (13 vs 30). Starting price: Akaunting at $12/mo vs Wave Accounting at Free. Akaunting has 64 unique features while Wave Accounting has 44 unique features, with 3 features in common.
| Akaunting | Wave Accounting | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 67 | 47 |
| AI-Powered Features | 0 | 6 |
| Starting Price | $12/mo | Free |
| Pricing Tiers | 4 | 3 |
| Integrations | 13 | 30 |
| Shared Features | 3 | |
| Shared Integrations | 4 | |
| Data Quality | 95% | 73% |
Feature Comparison by Category
Accessibility (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Mobile & Tablet Ready Interface |
Account Management (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Multi-Account Support |
Accounting (5 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Chart of Accounts | ||
| Credit & Debit Notes | ||
| Double-Entry Accounting | ||
| General Ledger | ||
| Manual Journal Entries |
Analytics (0 vs 2)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Competitor Analysis | ||
| Financial Insights |
Automation (3 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Automations | ||
| Recurring Payment Reminders | ||
| Recurring Transactions |
Bank Management (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Reconciliation Tools |
Banking (5 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Bank Accounts | ||
| Bank Connection | ||
| Bank Feeds | ||
| Deposits & Transfers | ||
| Multiple Bank Accounts |
Banking Integration (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Bank Connections |
Billing (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Invoicing |
Catalog (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| List Products or Services |
Client Management (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Client Portal |
Collaboration (0 vs 2)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Client Collaboration | ||
| Invoicing for Teams |
Collections (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Invoice Reminders |
Communication (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Email Templates |
Compliance (3 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Regulations (GST, MTD, Form 1099) | ||
| Sales Tax Calculation | ||
| Tax Rates |
Customer Management (3 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Customer Management | ||
| Customer Portal | ||
| Customer Summary | ||
| Unlimited Customers |
Customer Relationship Management (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| CRM |
Customization (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Custom Fields |
Data Management (1 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Data Backup | ||
| Import From File |
Data Quality (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Duplicate Detection |
Document Management (2 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Receipts (Scan Documents) | ||
| Unlimited Attachments |
Expense Management (2 vs 8)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Automated Bank Categorization | ||
| Billable Expenses | ||
| Expense Categories | ||
| Expense Claims | ||
| Expense Policies | ||
| Expense Reimbursement | ||
| Expense Tracking | ||
| Mileage Tracking | ||
| Receipt Scanning | ||
| Vendor Management |
Financial Management (5 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Cash Flow Management | ||
| Crypto Assets | ||
| Expense Tracking | ||
| Live Currency Rates | ||
| Multiple Currencies |
Financial Planning (1 vs 2)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Budget Planning | ||
| Budgeting | ||
| Cash Flow Forecasting |
Human Resources (2 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Manage Employees | ||
| Payroll |
Income Management (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Income Tracking |
Integration (4 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| API Access | ||
| App Store | ||
| Shopify Integration | ||
| Stripe Integration | ||
| eCommerce Platforms |
International (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Multi-Currency Support |
Inventory (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Inventory Management |
Inventory Management (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Inventory |
Invoicing (0 vs 9)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Batch Invoice Processing | ||
| Billable Hours Invoicing | ||
| Estimate Builder | ||
| Invoice Creation | ||
| Invoice Customization | ||
| Invoice Scheduling | ||
| Invoice Templates | ||
| Invoicing Automations | ||
| Recurring Invoices |
Localization (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Multilingual Admin & Client Panel |
Mobile (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Mobile App |
Organization (3 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Billing Calendar | ||
| Multi-Company Management | ||
| Transaction Categories |
Payments (1 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Payment Methods | ||
| Payment Processing |
Payroll (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Payroll Processing |
Productivity (2 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Address Auto-complete | ||
| Bulk Actions |
Project Management (1 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Project Tracking | ||
| Projects |
Purchasing (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Sales & Purchase Orders |
Reporting (5 vs 2)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Balance Sheet and Trial Balance | ||
| Custom Reports | ||
| Dashboards & Widgets | ||
| Financial Reports | ||
| Powerful Reporting | ||
| Schedule Reports | ||
| Unlimited Reports |
Retail (1 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Point of Sale (POS) |
Sales (3 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Discounts | ||
| Estimates (Quotes) | ||
| Proposals |
Security (3 vs 3)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Audit Trail | ||
| Fine-Grained Permissions | ||
| Roles & Permissions | ||
| Two-Factor Authentication | ||
| User Permissions |
Tax Management (0 vs 3)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Sales Tax Management | ||
| Tax Estimates | ||
| Tax Form Exports |
Time Tracking (0 vs 1)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Time Tracking |
Vendor Management (2 vs 0)
| Feature | Akaunting | Wave Accounting |
|---|---|---|
| Unlimited Vendors | ||
| Vendor Management |
Unique Features
Only in Akaunting (64)
Mobile & Tablet Ready Interface
Chart of Accounts
Credit & Debit Notes
Double-Entry Accounting
General Ledger
Manual Journal Entries
Automations
Recurring Payment Reminders
Recurring Transactions
Bank Accounts
Bank Connection
Bank Feeds
Deposits & Transfers
Multiple Bank Accounts
Invoicing
List Products or Services
Client Portal
Email Templates
Regulations (GST, MTD, Form 1099)
Sales Tax Calculation
+ 44 more unique features
Only in Wave Accounting (44)
Multi-Account Support
Competitor Analysis
Financial Insights
Reconciliation Tools
Bank Connections
Client Collaboration
Invoicing for Teams
Invoice Reminders
Customer Portal
Data Backup
Duplicate Detection
Automated Bank Categorization
Expense Categories
Expense Policies
Expense Reimbursement
Mileage Tracking
Receipt Scanning
Budget Planning
Cash Flow Forecasting
Income Tracking
+ 24 more unique features
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