Wave alternatives are here to help you and your small business with accounting. Wave can do the gist of accounting free of charge. It is smart to look at paying competitors. Wave can help you start your small business. Now the company is expanding. The needs are adding up and your books need to follow suit.
Wave alternatives rival the accounting software by including payment processing fees, controls for payroll, and even professional bookkeeping. Some have features that will aid the management of your business as it steps into the next level. Others will be able to offer advanced tools to assist in the operations your small business currently has. Whatever you choose, there are plenty of Wave accounting alternatives.
- FreshBooks: Best Wave alternative for customer support.
- QuickBooks Online: Overall best Wave alternative.
- Zoho Books: Best Wave alternative for invoicing.
- QuickBooks Self-Employed: Best Wave alternative for freelancers.
- Invoice Ninja: Best free Wave alternative.
Wave Accounting vs Alternatives
| Program | Starting Monthly Cost | Customer Support Quality Grade | Number of Integrations | Project Management Tools |
| Wave | Free | D+ | 4 | None offered |
| FreshBooks | $15 | B | Over 200 | Yes |
| QuickBooks Online | $12.50 | C- | TurboTax integration directly linked | Tax expense, deduction, and tracking |
| Zoho Books | Free | A | Limited | None offered |
| QuickBooks Self-Employed | $10.00 | C- | TurboTax integration directly linked | Tax expense, deduction, and tracking |
| Invoice Ninja | Starting at $10 | B+ | Limited | Yes |
5 Best Wave Alternatives
As you sort through the alternatives to Wave accounting it is necessary to consider all options on the table. You know what kind of business you are operating. How big it is and what the needs are of your employees. Assess how a new software will provide for your company now and in the future.
FreshBooks: Best Wave alternative for customer support.
Freshbooks can send reminders for payments. It takes care of recurring invoices, too. With over 200 integrations with third-party softwares it will easily click into your accounting processing. You will pay for these extra features, all of which are not the easiest to learn right away.
pros
- Three tiers to fit any budget.
- Hundreds of integration options.
- Quick to respond to customer support.
cons
- Expensive compared to other Wave alternatives.
- Not easy to set up or learn.
- Limited number of users.
QuickBooks Online: Overall best Wave alternative.
Manage the finances of your small business from invoicing to tax deductions. QuickBooks Online allows you to keep your data secure on the web. With an array of tools available on the software you’ll save time balancing your books. If you run into trouble, you might be on your own. QuickBooks Online does not have great support like other Wave alternatives.
pros
- Tax tools available.
- Online invoicing included.
- Affordable plans.
cons
- Tax support is minimal.
- Poor customer assistance.
- Slow functionality.
Zoho Books: Best Wave alternative for invoicing.
Zoho is a user-friendly software that can fit any type or size of business. You can create invoices and even send them internationally. The best part is that it is priced with small businesses in mind. The downside is that in comparison to other Wave alternatives it does lack payroll features.
pros
- Affordable plans.
- International invoicing available.
- Highly rated mobile app.
cons
- Payroll features unavailable.
- Limited third-party integrations.
- Works best on one device as opposed to multiple.
QuickBooks Self-Employed: Best Wave alternative for freelancers.
If you are a solopreneur or freelancer you might not need all the fancy features of other account software. You need to balance your books, track mileage and expenses. Plus you need to keep an eye on your financial help. QuickBooks self-employed is a great option. This Wave QuickBooks alternative only does taxes via TurboTax.
pros
- Tax tools available.
- Affordable plans.
- Mobile app and desktop versions offered.
cons
- Tax support is minimal.
- Poor customer assistance.
- Slow functionality.
Invoice Ninja: Best free Wave alternative.
Invoicing and benefits are what Invoice Ninja is best at doing. You can create customizable invoice templates to make getting paid a simplified and easy process. The project management tools range from time and expense tracking to report generating with one click. One difference from other Wave alternatives is that Invoice Ninja is not an accounting software.
pros
- Affordable plans.
- Project management tools.
- Good customer support.
cons
- No accounting features.
- Free trials not offered.
- Limited third-party integrations.
How We Evaluated Alternatives:
The search for Wave alternatives found that 5 other softwares offered similar features, more tools, and often at comparable price points. Starting monthly costs had to be low to compete with Wave’s free plan. Support was graded based on customer reviews. The number of integrations for each software was counted. Project management tools available went into the final decision. All of these Wave accounting alternatives are scrutinized to give you the best choice to make for your small business.
FAQs
What are Wave Accounting competitors?
Wave accounting alternatives are FreshBooks, QuickBooks Online, Zoho Books, QuickBooks Self-Employed, and Invoice Ninja.
