FreeAgent vs Wave Accounting
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
FreeAgent offers fewer features (24 vs 47) and fewer integrations (10 vs 30). Starting price: FreeAgent at $4.17/mo vs Wave Accounting at Free. FreeAgent has 21 unique features while Wave Accounting has 44 unique features, with 3 features in common.
| FreeAgent | Wave Accounting | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 24 | 47 |
| AI-Powered Features | 4 | 6 |
| Starting Price | $4.17/mo | Free |
| Pricing Tiers | 12 | 3 |
| Integrations | 10 | 30 |
| Shared Features | 3 | |
| Shared Integrations | 2 | |
| Data Quality | 75% | 73% |
Feature Comparison by Category
Account Management (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Multi-Account Support |
Analytics (2 vs 2)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Competitor Analysis | ||
| Dashboard | ||
| Financial Insights | ||
| Radar |
Automation (2 vs 0)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Smart Capture | ||
| Smart Categorisation |
Bank Management (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Reconciliation Tools |
Banking (1 vs 0)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Banking |
Banking Integration (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Bank Connections |
Collaboration (1 vs 2)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Accountant Collaboration | ||
| Client Collaboration | ||
| Invoicing for Teams |
Collections (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Invoice Reminders |
Customer Management (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Customer Portal |
Data Management (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Data Backup |
Data Quality (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Duplicate Detection |
E-Commerce Integration (1 vs 0)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Connect with Amazon |
Expense Management (1 vs 8)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Automated Bank Categorization | ||
| Expense Categories | ||
| Expense Policies | ||
| Expense Reimbursement | ||
| Expense Tracking | ||
| Expenses | ||
| Mileage Tracking | ||
| Receipt Scanning | ||
| Vendor Management |
Financial Planning (1 vs 2)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Budget Planning | ||
| Cash Flow Forecasting | ||
| Cashflow Forecast |
Income Management (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Income Tracking |
Integration (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| API Access |
International (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Multi-Currency Support |
Inventory (0 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Inventory Management |
Invoicing (2 vs 9)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Batch Invoice Processing | ||
| Billable Hours Invoicing | ||
| Estimate Builder | ||
| Estimates | ||
| Invoice Creation | ||
| Invoice Customization | ||
| Invoice Scheduling | ||
| Invoice Templates | ||
| Invoicing | ||
| Invoicing Automations | ||
| Recurring Invoices |
Mobile (1 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Mobile App |
Payments (1 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| One-Click Payments | ||
| Payment Processing |
Payroll (1 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Payroll | ||
| Payroll Processing |
Project Management (1 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Project Tracking | ||
| Projects |
Reporting (1 vs 2)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Custom Reports | ||
| Financial Reports |
Security (0 vs 3)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Audit Trail | ||
| Two-Factor Authentication | ||
| User Permissions |
Support (1 vs 0)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| UK-Based Support |
Task Management (1 vs 0)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Admin To-Do List |
Tax Compliance (5 vs 0)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| End-of-Year Filing | ||
| Making Tax Digital for Income Tax | ||
| Self Assessment | ||
| Tax Timeline | ||
| VAT |
Tax Management (0 vs 3)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Sales Tax Management | ||
| Tax Estimates | ||
| Tax Form Exports |
Time Tracking (1 vs 1)
| Feature | FreeAgent | Wave Accounting |
|---|---|---|
| Time Tracking |
Unique Features
Only in FreeAgent (21)
Dashboard
Radar
Smart Capture
Smart Categorisation
Banking
Accountant Collaboration
Connect with Amazon
Expenses
Cashflow Forecast
Estimates
Invoicing
One-Click Payments
Payroll
Projects
UK-Based Support
Admin To-Do List
End-of-Year Filing
Making Tax Digital for Income Tax
Self Assessment
Tax Timeline
+ 1 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
Expense Tracking
Mileage Tracking
Receipt Scanning
Vendor Management
Budget Planning
+ 24 more unique features
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