QuickBooks vs Wave Accounting
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
QuickBooks offers more features (72 vs 47) and fewer integrations (9 vs 30). Starting price: QuickBooks at $19/mo vs Wave Accounting at Free. QuickBooks has 64 unique features while Wave Accounting has 39 unique features, with 8 features in common.
| QuickBooks | Wave Accounting | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 72 | 47 |
| AI-Powered Features | 10 | 6 |
| Starting Price | $19/mo | Free |
| Pricing Tiers | 4 | 3 |
| Integrations | 9 | 30 |
| Shared Features | 8 | |
| Shared Integrations | 0 | |
| Data Quality | 90% | 73% |
Feature Comparison by Category
AI (9 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Accounting AI | ||
| Business Tax AI | ||
| Customer AI | ||
| Finance AI | ||
| Intuit Intelligence | ||
| Payments AI | ||
| Payroll AI | ||
| Project Management AI | ||
| Sales Tax AI |
Account Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Multi-Account Support |
Analytics (0 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Competitor Analysis | ||
| Financial Insights |
Automation (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bookkeeping | ||
| Automated Workflows |
Bank Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Reconciliation Tools |
Banking (3 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Deposit Sweep Program | ||
| QuickBooks Checking Account | ||
| QuickBooks Checking with Envelopes |
Banking Integration (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Bank Connections |
Bill Management (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Bill Management |
Cloud (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Cloud Accounting |
Collaboration (2 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Accountant Access | ||
| Client Collaboration | ||
| Invoicing for Teams | ||
| Multi-User Access |
Collections (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Invoice Reminders |
Customer Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Customer Portal |
Data Management (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Data Backup | ||
| Data Backup and Restore |
Data Quality (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Duplicate Detection |
Expense Management (4 vs 8)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bank Categorization | ||
| Expense Categories | ||
| Expense Organization | ||
| Expense Policies | ||
| Expense Reimbursement | ||
| Expense Tracking | ||
| Mileage Tracking | ||
| Receipt Capture | ||
| Receipt Scanning | ||
| Vendor Management |
Financial Management (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Cash Flow Management |
Financial Planning (2 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Budget Planning | ||
| Cash Flow Forecasting |
Financing (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| QuickBooks Capital |
HR (3 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| 401(k) Retirement Plans | ||
| HR Services | ||
| Health Insurance Benefits |
Income Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Income Tracking |
Integration (3 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| API Access | ||
| Bank and Credit Card Sync | ||
| Excel Sync | ||
| Mailchimp Integration |
International (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Multi-Currency Support |
Inventory (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Inventory Management |
Invoicing (4 vs 9)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Batch Invoice Processing | ||
| Batch Invoicing | ||
| Billable Hours Invoicing | ||
| Employee Time to Invoices | ||
| Estimate Builder | ||
| Invoice Creation | ||
| Invoice Customization | ||
| Invoice Scheduling | ||
| Invoice Templates | ||
| Invoicing | ||
| Invoicing Automations | ||
| Professional Invoices | ||
| Recurring Invoices |
Mobile (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Mobile App |
Organization (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Class and Location Tracking |
Payments (4 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| ACH Payments | ||
| Contractor Payments | ||
| Instant Deposit | ||
| Payment Processing | ||
| QuickBooks Payments |
Payroll (8 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Auto Payroll | ||
| Direct Deposit | ||
| Next-Day Direct Deposit | ||
| Payroll Accuracy Guarantee | ||
| Payroll Management | ||
| Payroll Processing | ||
| Payroll Tax Penalty Protection | ||
| Same-Day Direct Deposit | ||
| Workers' Comp Administration |
Project Management (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Project Profitability Tracking | ||
| Project Tracking |
Reporting (4 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Comprehensive Reports | ||
| Custom KPIs and Dashboards | ||
| Custom Reports | ||
| Enhanced Reports | ||
| Financial Reporting | ||
| Financial Reports |
Sales (4 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Appointment Scheduling | ||
| Customer Referral Capture | ||
| Email Integration for Leads | ||
| Estimates |
Security (1 vs 3)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Audit Trail | ||
| Two-Factor Authentication | ||
| User Permissions |
Support (6 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Instant Chat Support | ||
| Ongoing Guidance | ||
| Priority Support | ||
| QuickBooks Live Bookkeeping | ||
| QuickBooks Live Expert Assisted | ||
| Setup Guidance |
Tax (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| 1099 Management | ||
| Automated Tax Payments and Filings |
Tax Management (0 vs 3)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Sales Tax Management | ||
| Tax Estimates | ||
| Tax Form Exports |
Time Tracking (2 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Billable Hours Tracking | ||
| Time Tracking |
Unique Features
Only in QuickBooks (64)
Accounting AI
Business Tax AI
Customer AI
Finance AI
Intuit Intelligence
Payments AI
Payroll AI
Project Management AI
Sales Tax AI
Automated Bookkeeping
Automated Workflows
Deposit Sweep Program
QuickBooks Checking Account
QuickBooks Checking with Envelopes
Bill Management
Cloud Accounting
Accountant Access
Multi-User Access
Data Backup and Restore
Expense Organization
+ 44 more unique features
Only in Wave Accounting (39)
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
Receipt Scanning
Vendor Management
Income Tracking
API Access
Multi-Currency Support
+ 19 more unique features
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