QuickBooks vs Wave Accounting
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
QuickBooks offers more features (63 vs 47) and fewer integrations (9 vs 30). Starting price: QuickBooks at $38/mo vs Wave Accounting at Free. QuickBooks has 60 unique features while Wave Accounting has 44 unique features, with 3 features in common.
| QuickBooks | Wave Accounting | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 63 | 47 |
| AI-Powered Features | 18 | 6 |
| Starting Price | $38/mo | Free |
| Pricing Tiers | 4 | 3 |
| Integrations | 9 | 30 |
| Shared Features | 3 | |
| Shared Integrations | 0 | |
| Data Quality | 90% | 73% |
Feature Comparison by Category
AI (3 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Accounting Agent | ||
| Anomaly Detection and Resolution | ||
| Intuit Intelligence |
AI/Accounting (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| AI-powered Reconciliation | ||
| Accounting AI |
AI/Automation (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Intuit Assist |
AI/Financial Planning (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Finance Agent |
AI/Payments (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Payments AI | ||
| Payments Agent |
AI/Payroll (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Payroll AI |
AI/Project Management (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Project Management Agent |
AI/Reporting (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| AI-powered Profit & Loss Insights |
AI/Sales (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Customer Agent | ||
| Lead Management with Customer AI |
AI/Tax (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Business Tax AI | ||
| Sales Tax Agent |
Account Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Multi-Account Support |
Accounting (3 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Bill Management | ||
| Expense Tracking | ||
| Revenue Recognition |
Administration (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Custom User Management and Permissions |
Analytics (0 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Competitor Analysis | ||
| Financial Insights |
Automation (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bookkeeping | ||
| Smart Expense Organization |
Bank Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Reconciliation Tools |
Banking (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Business Checking Account |
Banking Integration (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bank Feeds | ||
| Bank Connections |
Collaboration (2 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Accountant Access | ||
| Client Collaboration | ||
| Invoicing for Teams | ||
| Multiple Users |
Collections (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Invoice Reminders |
Core (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Cloud Accounting |
Customer Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Customer Portal |
Data Management (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Backup and Restore | ||
| Data Backup |
Data Quality (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Duplicate Detection |
Expense Management (0 vs 8)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bank Categorization | ||
| Expense Categories | ||
| Expense Policies | ||
| Expense Reimbursement | ||
| Expense Tracking | ||
| Mileage Tracking | ||
| Receipt Scanning | ||
| Vendor Management |
Expense Tracking (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Mileage Tracker | ||
| Receipt Capture |
Financial Management (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Cash Flow Management | ||
| Multiple Currencies |
Financial Planning (2 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Budget Planning | ||
| Budgeting | ||
| Cash Flow Forecasting | ||
| Forecasting |
Income Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Income Tracking |
Integration (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| API Access |
Integrations (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Data Sync with Excel |
International (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Multi-Currency Support |
Inventory (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Inventory Management |
Invoicing (0 vs 9)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Batch Invoice Processing | ||
| Billable Hours Invoicing | ||
| Estimate Builder | ||
| Invoice Creation | ||
| Invoice Customization | ||
| Invoice Scheduling | ||
| Invoice Templates | ||
| Invoicing Automations | ||
| Recurring Invoices |
Mobile (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Mobile App |
Payments (3 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bill Pay | ||
| Contractor Payments | ||
| Invoicing and Payments | ||
| Payment Processing |
Payroll (10 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| 401(k) Offerings | ||
| Accuracy Guarantee | ||
| Auto Payroll | ||
| Direct Deposit | ||
| Employee Timesheets | ||
| HR Services | ||
| Health Benefits | ||
| Payroll | ||
| Payroll Processing | ||
| QuickBooks Workforce | ||
| Workers' Compensation |
Project Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Project Tracking |
Reporting (2 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Custom Dashboards and Report Builder | ||
| Custom Reports | ||
| Financial Reporting | ||
| Financial Reports |
Sales (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Estimates Software | ||
| Invoicing Software |
Security (0 vs 3)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Audit Trail | ||
| Two-Factor Authentication | ||
| User Permissions |
Services (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| QuickBooks Live |
Support (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Expert Assisted | ||
| Onboarding and Migration |
Tax (6 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated 1099 E-file & Delivery | ||
| Automated Tax Payments and Filings | ||
| Expert Tax | ||
| Sales Tax Software | ||
| Tax Deductions | ||
| Tax Penalty Protection |
Tax Management (0 vs 3)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Sales Tax Management | ||
| Tax Estimates | ||
| Tax Form Exports |
Time Tracking (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Time Tracking |
Unique Features
Only in QuickBooks (60)
Bill Management
Revenue Recognition
Custom User Management and Permissions
Accounting Agent
Anomaly Detection and Resolution
Intuit Intelligence
Accounting AI
AI-powered Reconciliation
Intuit Assist
Finance Agent
Payments Agent
Payments AI
Payroll AI
Project Management Agent
AI-powered Profit & Loss Insights
Customer Agent
Lead Management with Customer AI
Business Tax AI
Sales Tax Agent
Automated Bookkeeping
+ 40 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
Vendor Management
Budget Planning
Cash Flow Forecasting
+ 24 more unique features
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