QuickBooks vs Wave Accounting
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
QuickBooks offers more features (48 vs 47) and more integrations (33 vs 30). Starting price: QuickBooks at $30/mo vs Wave Accounting at Free. QuickBooks has 32 unique features while Wave Accounting has 31 unique features, with 16 features in common.
| QuickBooks | Wave Accounting | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 48 | 47 |
| AI-Powered Features | 6 | 6 |
| Starting Price | $30/mo | Free |
| Pricing Tiers | 4 | 3 |
| Integrations | 33 | 30 |
| Shared Features | 16 | |
| Shared Integrations | 17 | |
| Data Quality | 74% | 73% |
Feature Comparison by Category
Account Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Multi-Account Support |
Accounting (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Journal Entries |
Analytics (4 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Cash Flow Forecasting | ||
| Competitor Analysis | ||
| Department Tracking | ||
| Financial Dashboard | ||
| Financial Insights |
Automation (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Batch Actions | ||
| Recurring Transactions |
Bank Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Reconciliation Tools |
Banking (2 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Bank Feeds | ||
| Bank Reconciliation |
Banking Integration (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Bank Connections |
Billing (6 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Billable Expenses | ||
| Delayed Charges | ||
| Discount Management | ||
| Estimates & Quotes | ||
| Invoice Management | ||
| Multi-Currency Support |
Collaboration (1 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Accountant Tools | ||
| Client Collaboration | ||
| Invoicing for Teams |
Collections (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Invoice Reminders | ||
| Late Payment Reminders |
Compliance (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Audit Trail |
Customer Management (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Customer Portal |
Customization (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Template Customization |
Data Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Data Backup |
Data Quality (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Duplicate Detection |
Expense Management (3 vs 8)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Automated Bank Categorization | ||
| Expense Categories | ||
| Expense Policies | ||
| Expense Reimbursement | ||
| Expense Tracking | ||
| Mileage Tracking | ||
| Receipt Capture | ||
| Receipt Scanning | ||
| Vendor Management |
Financial Planning (0 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Budget Planning | ||
| Cash Flow Forecasting |
Income Management (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Income Tracking |
Integration (2 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| API Access | ||
| Webhooks |
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 |
Multi-Company (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Multi-Entity Management |
Organization (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Notes & Attachments |
Payables (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Bill Management |
Payments (2 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Cryptocurrency Support | ||
| Payment Processing |
Payroll (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Payroll Integration | ||
| Payroll Processing |
Planning (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Budget Planning |
Procurement (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Purchase Orders |
Project Management (1 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Project Profitability | ||
| Project Tracking |
Reporting (6 vs 2)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Aging Reports | ||
| Balance Sheet | ||
| Custom Reports | ||
| Data Export | ||
| Financial Reports | ||
| Profit & Loss Reports | ||
| Scheduled Reports |
Security (1 vs 3)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Audit Trail | ||
| Two-Factor Authentication | ||
| User Permissions |
Tax Management (3 vs 3)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| 1099 Management | ||
| Sales Tax Management | ||
| Tax Deduction Tracker | ||
| Tax Estimates | ||
| Tax Form Exports | ||
| Tax Preparation |
Time & Attendance (1 vs 0)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Time Tracking |
Time Tracking (0 vs 1)
| Feature | QuickBooks | Wave Accounting |
|---|---|---|
| Time Tracking |
Unique Features
Only in QuickBooks (32)
Journal Entries
Department Tracking
Financial Dashboard
Batch Actions
Recurring Transactions
Bank Feeds
Bank Reconciliation
Billable Expenses
Delayed Charges
Discount Management
Estimates & Quotes
Invoice Management
Accountant Tools
Late Payment Reminders
Template Customization
Receipt Capture
Webhooks
Multi-Entity Management
Notes & Attachments
Bill Management
+ 12 more unique features
Only in Wave Accounting (31)
Multi-Account Support
Competitor Analysis
Reconciliation Tools
Bank Connections
Client Collaboration
Invoicing for Teams
Invoice Reminders
Data Backup
Automated Bank Categorization
Expense Categories
Expense Policies
Expense Reimbursement
Receipt Scanning
Vendor Management
Income Tracking
Batch Invoice Processing
Billable Hours Invoicing
Estimate Builder
Invoice Creation
Invoice Customization
+ 11 more unique features
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