AccountingSuite vs. Wave Accounting Comparison


AccountingSuite	Wave Accounting Wave Financial	+	+
Learn More Update Features	Learn More Update Features	Add To Compare	Add To Compare


		Related Products Xero Save 80% for 4 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place. 5,952 Ratings Visit Website Sage Intacct Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. Its user-friendly interface and customizable dashboards empower your team to adapt quickly and make data-driven decisions. Sage Intacct's robust reporting capabilities and automation of key financial processes help improve accuracy, efficiency, and compliance. Trusted by thousands of organizations, Sage Intacct streamlines financial operations, enhances visibility, and drives business growth. With award-winning customer support and continuous innovation, Sage Intacct is your partner. 8,776 Ratings Visit Website Odoo Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. Odoo’s intuitive database is able to meet a majority of business needs, such as: CRM, Sales, Project, Manufacturing, Inventory, and Accounting, just to name a few. Odoo is an all-in-one software solution designed to meet the needs of companies, regardless of their size (or budget). The unbeatable, seamless nature of Odoo helps businesses become more efficient by reducing redundant manual processes, which helps companies save countless hours of labor. Every module is interconnected to provide a fully-integrated experience from app to app, and users can automate many processes that would’ve otherwise required manual inputs into multiple applications. Odoo keeps all business functions in one place, allowing teams to collaborate with other departments from one unified platform in the most efficient way possible. 1,714 Ratings Visit Website SurePayroll SurePayroll has been a leading provider of online payroll services to small businesses nationwide for over 20 years. As the first SaaS payroll company, SurePayroll has grown to become a household name in easy to use payroll, workers' compensation, 401(k) plans, and health insurance services, all backed by an award-winning, U.S.-based customer care team. Most recently, SurePayroll added HR services to its portfolio of solutions. By offering the additional flexibility of private-label and co-branded solutions, SurePayroll serves as a trusted partner to a diverse range of businesses and trusted advisors, including financial institutions and accountants. 843 Ratings Visit Website Epicor Financials Epicor Financials is a cloud-native financial management solution that helps organizations streamline accounting processes, automate workflows, improve compliance, and gain real-time visibility into financial performance. Built on a modern cloud architecture, the platform combines core accounting, financial reporting, planning, analytics, governance, and AI capabilities within a unified ecosystem. Organizations can extend the core accounting solution through Epicor's broad ecosystem of business applications and ISV solutions. Designed exclusively for the cloud, Epicor Financials benefits from continuous innovation through regular upgrades and a modern CI/CD deployment approach, helping customers stay current without disruptive upgrades. The solution scales globally with support for multiple books, companies, sites, currencies, languages, and legal entities while maintaining centralized financial control. Visit Website Striven Striven is the all-in-one business management software that lowers your costs, improves your operations, and makes work easier. Make your company’s data coherent, connected, and relevant. With over two decades of expertise in Software Services, we’ve collaborated to help over 8,600 organizations in dozens of industries make their operations more secure, efficient, and valuable to their customers. Helping people accomplish more has always been our mission. Now, it’s the heart of our software. We offer simple, straightforward pricing plans and an unbeatable guarantee. You can even get started right now at absolutely no cost. There’s no trial, expiration date, or contractual obligation on any of our plans. 234 Ratings Visit Website Invoice Home Choose from hundreds of beautiful invoice templates to create and send custom invoices. Add a professional touch to your invoices by uploading your business logo. Add a personal touch with your own signature. Keep track of invoices on both desktop and mobile devices. Get paid instantly when using one of the supported payment gateways. Go green and avoid printing invoices on paper by emailing them directly to your customers. Creating an account is free and there is no cost for invoicing a combined total of $1000 worth of invoices every 30 days. Sign up today and start invoicing easier with Invoice Home. 5,709 Ratings Visit Website Melio Melio is an accounts payable tool built to simplify bill payments, boost workflow efficiency, and optimize cash flow for businesses of all sizes. To get started, try all of Melio's features free for 30 days! Pay vendors online through bank transfers or credit/debit cards, even if they typically accept checks—Melio manages the manual work for you. Effortlessly integrate with QuickBooks and Xero to ensure your financial records stay current. With Melio, pay by bank transfer or card to extend cash flow and earn rewards. Adding vendor or bill details is a breeze—input them manually, upload files, or take a photo of invoices. Schedule payments to align with your cash flow, and let Melio handle the rest. International vendor payments are made easy by paying in their local currency for products and services your business needs. The Melio mobile app, available for iOS and Android, lets you monitor and manage payments anytime, giving you full control over your finances on the go. 2,212 Ratings Visit Website Gravity Software Multi-Entity Cloud Accounting Software for Growing Businesses Gravity Software is a cloud-based accounting solution designed for companies that have outgrown QuickBooks but don’t need the cost or complexity of Sage Intacct or larger ERP systems. Built natively on the Microsoft Power Platform (Dynamics 365), Gravity delivers robust multi-entity financial management with seamless integration to Microsoft 365, Power BI, Teams + Copilot — no third-party add-ons required. 🎈 Multi-entity & multi-location accounting 🎈 Automated intercompany transactions 🎈 AP automation & multi-level approvals 🎈 Real-time consolidated reporting & dashboards 🎈 Advanced analytics with Microsoft Power BI 🎈 Easy navigation from accounting to sales & service Trusted by growing companies in real estate, family offices, professional services, healthcare, hospitality, and nonprofits, Gravity helps businesses simplify complex accounting, improve cash flow, and scale with confidence. 45 Ratings Visit Website Fixed Asset Pro Fixed Asset Pro is a powerful and budget-friendly fixed asset depreciation system. It gives small and mid-sized companies, organizations and their CPAs a better way to calculate depreciation and prepare the reports needed for financial, accounting, tax, and fixed asset management. * No limits to the number of assets or entities. * All the depreciation calculations you need for Book and Tax. 68 depreciation methods. 6 different books. Half-year/mid-month/mid-quarter. Bonus deprec., Section 179, and more. * Maintain your asset inventory. Track assets and depreciation throughout the entire fixed asset life cycle—from CIP to disposal. * Complete reporting for accounting, tax and management. * Continually updated for tax and accounting rule changes. Fixed Asset Pro is a full-featured depreciation system. Streamline workflow. Maintain fixed asset records over the entire asset life cycle. Maximize tax deductions. Produce up-to-date reports. Eliminate spreadsheet hassles. 215 Ratings Visit Website
About Start out with the features you need, and know that the full suite is available with no add-ons or upgrades needed. AccountingSuite™ offers exceptional online accounting software that includes robust inventory management controls. Access your data wherever you are, from a tablet or a laptop. Connect employees, advisors and accountants in a secure workspace. Open multiple tabs for multi-tasking, simultaneously work with several modules, such as general ledger, bank feeds, and others. Track your inventory levels across multiple online stores. Avoid product outages and lost sales, empowering your eCommerce business to grow. Flexible to fit your business from infancy to maturity. Out-of-the-box compatible with how growing business operates day to day. AccountingSuite™ easily adjusts to the existing workflow in your company and can be easily customized to meet your specific needs.	About Powerful, free accounting software. Wave’s easy-to-use accounting software can connect your bank accounts, sync your expenses, balance your books, and get you ready for tax time. Start taking control of your finances today. We designed Wave for small business owners. No jargon, just easy software that makes sense. After creating your account, everything's set up so you can get started right away. Access it anywhere, any time. Your data is always available, and it’s backed up for extra peace of mind. Connect your bank accounts in seconds. The transactions will appear in your bookkeeping automatically, and you can say goodbye to manual receipt entry. Have an eye on the big picture so you can make better business decisions. Our robust reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. When everything is neatly where it belongs, tax time is simple.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Enterprises looking for an accounting solution to manage finances and increase productivity	Audience Small business owners, entrepreneurs, and freelancers that need a powerful but free or low-cost accounting system
Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing $5 per month Free Version Not Supported Free Trial Supported	Pricing $35 per month Free Plan, Pay-per-use Plan, and Monthly plan all offered. Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 4.2 / 5 ease 4.6 / 5 features 4.2 / 5 design 4.6 / 5 support 4.6 / 5 Read all reviews	Reviews/Ratings Overall 3.3 / 5 ease 3.7 / 5 features 3.7 / 5 design 4.1 / 5 support 3.1 / 5 Read all reviews
Pros & Cons from Real Users Pros I like how invoice customization and inventory control procedures has been simplified by AccountingSuite. I like that AccountingSuite makes it easy for me to manage cash flow in our organization. AP and AR Automation is another thing that I like too about AccountingSuite. Ever since I implemented AccountingSuite, it has been easy for us to manage cash flows, automate AP and AR, among other accounting and invoicing procedures. I give thumbs up to the fact that AccountingSuite has ton of tutorials and allocates regular webinars. Availability of both AP and AR automation capabilities is another great aspect. Ever since I started using AccountingSuite, I have never encountered issues while handling invoicing and accounting procedures such as cash flow and AP automation. Cons Thanks to the Vendor customer support they have helped us to eradicate issues while enhancing invoicing and accounting procedures. I face zero issues with AccountingSuite on my end and I use it on a daily basis. Unavailability of offline mode capability is the only thing that I dislike about AccountingSuite. AccountingSuite requires internet access or mobile data to use it effectively. AccountingSuite do not have robust features for managing accounting for global enterprise organizations.	Pros & Cons from Real Users Pros Ease, look, my older business accounts are still free, even though my newest one I have to pay for, imports from bank back to 365 days! I honestly can't say anything else good about Wave. It is free easy to use. It takes a lot to set it up but the invoicing and ease of payment for clients is great. This is probably the best self-employed, low budget accounting solution available on the market because you can't beat the price (FREE). We could manage the accounting for our small business until we couldn't. The software worked until it didn't. What I love about Wave is that the accounting and reports, sending invoices, receipt scanning and email support all included for FREE. You cant beat that! Cons Disconnects from bank too often, updates crash account, and recently last update messed up all my accounts so badly that I am now forced to look for a different company bcuz Wave blames it on my bank and won't assist me. Customer Service is horrible and all of it is online, chat which makes it virtually impossible to get anything done - why can't a company get access to my computer to assist, or just have free phone technical support? With this last update, they added Tags and Perks. All my bank accounts disconnected in all three of my business accounts (not my credit card accounts thought). When I reconnected, one: none of my bank accounts are showing the last 3-4 digits so I have no idea which ones to connect now to which business w/out much, much effort, two: when I did import the bank accounts Wave is now combining all transactions between both bank accounts and not in the correct one, and not showing the correct balance in all of them, three: I deleted the bank accounts and reconnected over and over and over and over again, different ways without success to the point I decided to delete the incorrect transactions in the different accounts, only now, when I deleted those transactions, then deleted the bank account to reconnect in hopes with would work, now ALL these deleted transactions won't even transport now - EVEN THOUGH Wave is still showing the correct balances! Fourth: Now with a company bank connection, Wave is asking for a Company ID number - what the heck is this, where can I find it, and if you don't have a Company ID number Wave does not allow the connection! This year this software has disappointed me it has lost bank connections and then tripled the transactions I am not happy and am looking for something that works better. The financial statements are not very professional looking. It does not always remember the proper place to put things and so you really have to be careful reviewing process has to be intense. I am not sure that I will continue to use it after the mess this year still working on fixing the messes. If you have more than one person as admin it screws it up so bad. The reports are not nuanced. You won't get a P&L detail or a P&L by month across multiple months...the rules are not very dynamic. Zero respect for the criticality of a businesses accounting systems and data Well if you have to pick something to dislike about a FREE software I guess I'd have to say I dislike that Wave seemed so new and they are constantly updating and I'm always losing where things are kept. I have a terrible memory!
Training Documentation Supported Webinars Supported Live Online Supported In Person Not Supported	Training Documentation Supported Webinars Supported Live Online Supported In Person Supported
Company Information AccountingSuite Founded: 2012 United States www.accountingsuite.com	Company Information Wave Financial Founded: 2009 Canada www.waveapps.com/accounting
Alternatives FeedbackWhiz Threecolts	Alternatives Xero
Hisabone Corporate Hisabone (Private) Limited	FreshBooks
CheckMark MultiLedger CheckMark	QuickBooks Online Intuit
NolaPro Noguska	Sage Intacct
Xero View All	AccountEdge Priority Software US View All
Categories Accounting Supported General Ledger Supported Medical Accounting Supported Trucking Accounting Supported	Categories Accounting Supported Accounts Receivable Supported Billing and Invoicing Supported Bookkeeping Supported Expense Report Supported General Ledger Supported Law Firm Accounting Supported Medical Accounting Supported Real Estate Accounting Supported Receipt Scanner Supported Recurring Billing Supported Restaurant Accounting Supported
Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Supported Government Not Supported Multi-Currency Supported Nonprofits Supported Payroll Management Not Supported Project Accounting Supported Purchase Orders Supported Tax Management Not Supported	Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Supported Fund Accounting Supported General Ledger Supported Government Supported Multi-Currency Supported Nonprofits Supported Payroll Management Supported Project Accounting Supported Purchase Orders Supported Tax Management Supported Show More Features Accounts Receivable Features ACH Payment Processing Not Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Not Supported Online Payment Processing Not Supported Overpayment Processing Not Supported Partial Payments Not Supported Receivables Ledger Not Supported Recurring Billing Not Supported Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Not Supported Customer Portal Not Supported Customizable Invoices Supported Dunning Management Not Supported Hourly Billing Not Supported Invoice History Supported Mobile Payments Not Supported Multi-Currency Supported Online Invoicing Supported Online Payments Supported Payment Processing Not Supported Project Billing Supported Recurring/Subscription Billing Not Supported Service Ticket Billing Not Supported Tax Calculator Not Supported Bookkeeping Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported Collections Not Supported Expense Tracking Supported Fixed Asset Management Not Supported General Ledger Supported Payroll Supported Revenue Recognition Not Supported Spend Management Not Supported Tax Management Not Supported Real Estate Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Commission Management Not Supported Contract Management Not Supported General Ledger Supported Mobile Access Supported Payroll Supported Property Development Management Not Supported Reporting / Analytics Supported Work Order Management Not Supported
Integrations PayPal Supported Stripe Supported Zapier Supported Compliancely Not Supported HubSpot CRM Not Supported KonnectzIT Not Supported Metric.ai Not Supported MinuteDock Not Supported Motileo Not Supported Nango Not Supported North One Not Supported OutboundEngine Not Supported Precise API Not Supported Shoeboxed Not Supported Stackreaction Supported Tasskel Not Supported Unified.to Not Supported Uplinq Not Supported Vessel Not Supported Wufoo Supported Show More Integrations View All 12 Integrations	Integrations PayPal Supported Stripe Supported Zapier Supported Compliancely Supported HubSpot CRM Supported KonnectzIT Supported Metric.ai Supported MinuteDock Supported Motileo Supported Nango Supported North One Supported OutboundEngine Supported Precise API Supported Shoeboxed Supported Stackreaction Not Supported Tasskel Supported Unified.to Supported Uplinq Supported Vessel Supported Wufoo Not Supported Show More Integrations View All 67 Integrations
Claim AccountingSuite and update features and information Claim AccountingSuite and update features and information	Claim Wave Accounting and update features and information Claim Wave Accounting and update features and information