FreeAgent vs Wave
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
FreeAgent offers fewer features (24 vs 27) and more integrations (10 vs 2). Starting price: FreeAgent at $4.17/mo vs Wave at $19/mo. FreeAgent has 23 unique features while Wave has 26 unique features, with 1 features in common.
| FreeAgent | Wave | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 24 | 27 |
| AI-Powered Features | 4 | 1 |
| Starting Price | $4.17/mo | $19/mo |
| Pricing Tiers | 12 | 3 |
| Integrations | 10 | 2 |
| Shared Features | 1 | |
| Shared Integrations | 0 | |
| Data Quality | 75% | 60% |
Feature Comparison by Category
Analytics (2 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Dashboard | ||
| Radar |
Automation (2 vs 3)
| Feature | FreeAgent | Wave |
|---|---|---|
| Auto-Merge and Categorize Transactions | ||
| Automated Late Payment Reminders | ||
| Reusable Message Templates | ||
| Smart Capture | ||
| Smart Categorisation |
Banking (1 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Banking |
Banking Integration (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Auto-Import Bank Transactions |
Bookkeeping (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Income and Expense Tracking |
Collaboration (1 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Accountant Collaboration | ||
| Multi-User Access |
Customization (0 vs 2)
| Feature | FreeAgent | Wave |
|---|---|---|
| Brand Customization | ||
| Remove Wave Branding |
E-Commerce Integration (1 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Connect with Amazon |
Expense Management (1 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Expenses | ||
| Receipt Digitization |
Financial Management (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Cash Flow Management |
Financial Planning (1 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Cashflow Forecast |
Integration (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Third-Party Integrations |
Invoicing (2 vs 3)
| Feature | FreeAgent | Wave |
|---|---|---|
| Estimates | ||
| Invoice Attachments | ||
| Invoicing | ||
| Recurring Invoices | ||
| Unlimited Invoices and Estimates |
Mobile (1 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Mobile App |
Onboarding (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Accounting Software Onboarding |
Payments (1 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| One-Click Payments | ||
| Online Payments |
Payroll (1 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Payroll | ||
| Payroll Management |
Project Management (1 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Projects |
Reporting (1 vs 3)
| Feature | FreeAgent | Wave |
|---|---|---|
| Dashboard Insights | ||
| Financial Reporting | ||
| Financial Reports | ||
| Monthly Financial Statements |
Services (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Dedicated Bookkeeper |
Support (1 vs 2)
| Feature | FreeAgent | Wave |
|---|---|---|
| Expert Tax Support | ||
| Live Chat and Email Support | ||
| UK-Based Support |
Support & Services (0 vs 2)
| Feature | FreeAgent | Wave |
|---|---|---|
| Accounting Coaching | ||
| Wave Advisors |
Task Management (1 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Admin To-Do List |
Tax Compliance (5 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| End-of-Year Filing | ||
| Making Tax Digital for Income Tax | ||
| Self Assessment | ||
| Tax Timeline | ||
| VAT |
Tax Management (0 vs 1)
| Feature | FreeAgent | Wave |
|---|---|---|
| Tax Time Preparation |
Time Tracking (1 vs 0)
| Feature | FreeAgent | Wave |
|---|---|---|
| Time Tracking |
Unique Features
Only in FreeAgent (23)
Dashboard
Radar
Smart Capture
Smart Categorisation
Banking
Accountant Collaboration
Connect with Amazon
Expenses
Cashflow Forecast
Estimates
Invoicing
One-Click Payments
Payroll
Projects
Financial Reports
UK-Based Support
Admin To-Do List
End-of-Year Filing
Making Tax Digital for Income Tax
Self Assessment
+ 3 more unique features
Only in Wave (26)
Auto-Merge and Categorize Transactions
Automated Late Payment Reminders
Reusable Message Templates
Auto-Import Bank Transactions
Income and Expense Tracking
Multi-User Access
Brand Customization
Remove Wave Branding
Receipt Digitization
Cash Flow Management
Third-Party Integrations
Invoice Attachments
Recurring Invoices
Unlimited Invoices and Estimates
Accounting Software Onboarding
Online Payments
Payroll Management
Dashboard Insights
Financial Reporting
Monthly Financial Statements
+ 6 more unique features
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