The main difference between Wave and Quickbooks is that Wave offers a 30-day free trial with all features, and their invoicing and accounting features are free of cost and widely used for small businesses. On the other hand, Quickbook does not offer any free trial and is very useful for all types of businesses.QuickBooks is universally used as accounting and financial management software introduced by Intuit. Wave is also recognized as financial software and services designed for small businesses and freelancers.
In this versus, we compare Wave vs Quickbooks in-depth to help you choose one of them. If you want to know more details, we recommend you to read our Wave review and Quickbooks review.
However, you can also directly find the Best Accounting Software, we list them by ranking (based on our review rating), you can find all the comparisons we made and we explain how you should choose the proper one.
Here is what we will talk about in the rest of this article:
Quick overview
Wave vs Quickbooks at a Glance
To make your choice quick and efficient, here is a short summary about our comparison of Quickbooks vs Wave. Find out their ratings, features, prices and then discover the winner of the versus.
Pros and Cons comparison
Wave Review, Pricing, Features with Pros and Cons
Quickbooks Review – Accounting Software for Small Business
Specifications comparison
| Details | Wave | Quickbooks |
|---|---|---|
| Features | Accounting management / Accounting software sync / Bank Connections / Billing and Account Management / Easy Payments / Invoice Management / Make Payroll 90% Faster / Online Payments / Personalized help / Recurring Payments / Scan receipts / Track & Pay Bills | Accounting management |
| Best suited for | Individuals, Freelancers, Small businesses | Small businesses, Mid size businesses |
| Website languages | English | Multilingual |
| Website URL | Visit official website | Visit official website |
| Support link | Support page | Support page |
| Support email | support@waveapps.com | |
| Live chat | No | Yes |
| Company address | N/A | Intuit Corporate Headquarters 2632 Marine Way Mountain View, CA 94043 |
| Year founded | 2010 | 1983 |
Pricing comparison
Compare the price between Wave vs Quickbooks
Find out which software has the best valuable pricing, which one offers a free trial and money back guarantee.
| Pricing comparison | Wave | Quickbooks |
|---|---|---|
| Pricing range | From $8 to $149 per month | From $11.25 to $81 per month |
| Pricing types | Annual subscription / Commission based / Monthly subscription / Pay-per-use | Monthly subscription |
| Free plan | Yes | No |
| Free trial | Yes, 30 days | Yes, 30 days |
| Money back guarantee | No | Yes, 60 days |
| Pricing page link | See plans | See plans |
Wave Pricing details
Dive into Wave Accounting’s transparent pricing structure, tailored to empower businesses of all sizes.
From Free invoicing tools that let you shine professionally to expert advisory services, Wave offers a spectrum of options to fit your financial needs. With prices ranging from complimentary to specific pick-a-plan models, there’s a solution for every budget.
Invoicing : “Look like a pro”
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- Price: FREE
- Features:
- Present a professional image, even when working from home.
- Design invoices that mirror your brand’s identity.
- Automate reminders for payments.
- Enable payments via credit card, bank transfers, and Apple Pay directly from invoices.
Accounting : “Always be organized”
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- Price: FREE (pay per use)
- Features:
- Track income and expenses without limitations.
- Collaborate with an unlimited number of partners, collaborators, or accountants.
- Quick insights into client charges via the dashboard.
- Connect unlimited bank and credit card accounts.
- Access crucial reports like Overdue Invoices & Bills and Profit & Loss.
Payments : “Get paid faster”
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- Price: per use
- Credit Cards: 2.9% + $0.60 USD per transaction; 3.4% + $0.60 USD per AMEX transaction
- Bank payments: 1% per transaction ($1 USD minimum fee)
- Features:
- Offer multiple payment methods to clients, including bank deposits, credit cards, and Apple Pay.
- Eliminate manual entries as Wave syncs invoice payments to the accounting dashboard.
- Ensure positive cash flow with fast payouts.
- Implement recurring billing for regular clients.
Mobile receipts : “Ditch the shoebox”
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- Monthly Subscription: $8 USD billed monthly or $72 USD billed annually (Save 25%)
- Features:
- Efficiently scan unlimited receipts and import up to 10 at once.
- Digitally store and access all expense data.
- Secure backup of receipts in the cloud.
- Monitor business expenses without manual bookkeeping.
- Simplify tax preparations with organized records.
Payroll : “Pay staff in minutes”
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- Tax service states: $40 USD monthly fee + $6 USD per active employee + $6 USD per independent contractor paid
- Self service states: $20 USD monthly fee + $6 USD per active employee + $6 USD per independent contractor paid
- Features:
- Streamlined payments to employees and contractors.
- Direct deposit to employee bank accounts.
- Provide employees with a portal for paystubs and tax forms.
- Access essential tax documents with ease.
- Ensure accuracy and compliance without the complexities.
Advisors : “Access experts, any time”
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- Bookkeeping support: $149 USD monthly fee
- Accounting & payroll coaching: $379 USD one-time fee (other packages available)
- Features:
- Receive guidance from experts in bookkeeping, accounting, and payroll.
- Ideal for those new to accounting or aiming to master Wave.
- Get personalized advice aligned with business objectives.
- Engage with advisors throughout the year, not just during tax season.
Quickbooks Pricing details
Quickbooks “simple start” plan costs you $11.25 per month. You can save money up to 55% for 1st 3 months by subscribing any plan.
For the capabilities and integrations it provides, QuickBooks’ online pricing is extremely competitive.
Intuit QuickBooks Online comes in four different versions, all of which appear and function the same and come with a 30-day free trial.
The Simple Start is a micro-business plan that costs $25 per month. Among the features are the ability to monitor expenditures and revenue, generate and send invoices and proposals, link to your bank accounts, accept online payments, generate basic reports, and track sales tax. All of this is included in the $40-per-month Essentials package, which also includes bill monitoring, support for up to 3 users, and time monitoring.
The Plus plan, which costs $70 a month, also includes inventory tracking and project profitability, as well as access for up to five people. Finally, the Advanced package ($150 per month) enables up to 25 people (Xero permits limitless users) and contains a variety of advanced capabilities, such as improved analysis and assistance. However, it is aimed for bigger companies that may need to explore midrange accounting solutions.
Freelance Pricing
A special package for Self-employed is accessible at only $6.75/month for 3 months and then the price will be $15/month.
For those that require persuading and to ensure that the tool works for them, the product comes with a 30-day trial. If that’s not enough, use our link to get a 55 percent discount for the first three months.
Quickbook simple plan starting price is 21$ for six months with access to basic features, and the advanced plan starts from 140$ for six months with a wide range of features. On the other hand, Wave accounting & invoicing plans are completely free, and their other plans have a starting price of 48 $ for six months and a 30-day free trial as well. So, in terms of pricing, the winner is Quickbook.
🏆 Winner: Quickbook
Learn more in the section below with our comparison of the different features of Wave vs Quickbooks .
Features comparison
We highlight the main differences between Wave vs Quickbooks
Here is a quick summary of the differences between the features and services offered by Wave vs Quickbooks:
Features overview
In this section, we will compare only the big differences between Wave and Quickbooks, and we will assign a winner for each feature or service.
So we will compare first:
- Ease of use
- Integration
- All Features
- Data Accessibility
- Customer Support
Ease of use
Both software are easy to use for their users. Quickbook is much easier to use for those who have knowledge of accounting principles. Wave is also suitable for small businesses and easy to use for its users with specific features.
🏆 Winner: Both
Integration
Quickbook has a variety of features that are easily extended by its users and has accessibility to change functionally and interact with other software easily. Quickbook covers all the financial tasks of every kind of business. However, Wave has limited features and limited access as compared to QuickBooks.Wave is widely used for small businesses to manage the financial task in one place at ease.
🏆 Winner: Quickbook
All Features
Wave has limited features as compared to Quickbook and is commonly used for small businesses and freelancers. Quickbook is used for all sizes of businesses. Quickbook introduced a wide range of features and advanced capabilities for inventory management, financial tasks & time tracking. Which includes
- Tax deductions
- Project Profitability
- Data restoration
- Custom access control
- Revenue Recognition
🏆 Winner: Quickbook
Data Accessibility
Wave is an online cloud-based, and you can easily connect with the help of the internet from anywhere on different devices. On the other hand, QuickBooks is also an online cloud-based and easily accessible with internet connectivity, but installation of QuickBooks on specific devices.
🏆 Winner: Both
Customer Support
When it comes to customers, both Quickbook & Wave, offer various support like live chat and emails. Both provide 24/7 customer service for its users. Both software have community forums where users can ask any question and easily get answered. So, in terms of customer support, both provide the best customer support to their users.
🏆 Winner: Both
User Reviews
Find out what current users think about Wave and Quickbooks
If you need some external reviews of Ciroapp, you can read the reviews written by their users. Feel free to add your own on these platforms once you are an experienced user of Wave or Quickbooks, to help our community to choose.
Wave Reviews
Quickbooks Review – Accounting Software for Small Business
Quickbooks Reviews
Wave Review, Pricing, Features with Pros and Cons
Now that you have read everything and know all the differences between Wave and Quickbooks, it’s time to define a winner! Find out in the following whom the winner of this versus is ⚡.
Winner
Wave vs Quickbooks: Who is the winner?
The winner of this versus roundup is Quickbook. Because it provides a wide range of features at affordable prices and is also widely used for all kinds of business, it’s likely to be chosen by businessmen to maintain financial tasks easily. On the other hand, Wave also provides financial tools like Quickbook and is widely used for small businesses and freelancers, so both software are best according to your needs.
