# Akaunting vs Wave Comparison
---
## AI Generated Summary
- **G2 reviewers report** that Wave excels in simplifying day-to-day accounting tasks, with users highlighting its effectiveness in invoicing and expense tracking without needing extensive accounting knowledge. This ease of use is a significant advantage for small business owners who may not have a financial background.
- **Users say** that Wave's interface is visually appealing and intuitive, making it a breeze to navigate. Reviewers appreciate that it seamlessly handles background accounting processes, allowing them to focus on their core business activities without getting bogged down by complex setups.
- **According to verified reviews** , Akaunting is praised for its simplicity and cloud-based access, which appeals to small business owners. However, users have noted that while it is designed with ease in mind, it lacks the depth and functionality that Wave offers, particularly in areas like expense tracking and invoicing.
- **Reviewers mention** that Wave's implementation process is quick and straightforward, with many users appreciating the intuitive onboarding experience. In contrast, Akaunting has received feedback indicating that it can be less user-friendly during setup, which may lead to frustration for new users.
- **G2 reviewers highlight** the quality of support provided by Wave, with many users expressing satisfaction with the assistance they receive. In comparison, Akaunting's support has been described as lacking, with users reporting challenges in getting timely help when needed.
- **Users report** that Wave has been a reliable partner in their business operations, with many noting its consistent performance and positive product direction. On the other hand, Akaunting has faced criticism for not meeting user expectations in terms of ongoing development and support, which could impact long-term satisfaction.



| | Akaunting | Wave | 
|---|---|---|
| **Star Rating** | 1.8 out of 5 | 4.3 out of 5 | 
| **Total Reviews** | 12 | 323 | 
| **Largest Market Segment** | Small-Business (100.0% of reviews) | Small-Business (94.6% of reviews) | 
| **Entry Level Price** | No pricing available | $20-$35 per month | 

---
## Top Pros & Cons

### Akaunting

Pros:
- Business Suitability (1 reviews)
- Cloud-Based (1 reviews)

Cons:
- Integration Issues (1 reviews)
- Lack of Features (1 reviews)

### Wave

Pros:
- Ease of Use (11 reviews)
- Invoice Management (6 reviews)

Cons:
- Missing Features (5 reviews)
- Poor Customer Support (5 reviews)

---
## Ratings Comparison
| Rating | Akaunting | Wave | 
|---|---|---|
  | **Meets Requirements** | 4.3 (7 reviews) | 8.6 (259 reviews) | 
  | **Ease of Use** | 5.5 (7 reviews) | 8.9 (261 reviews) | 
  | **Ease of Setup** | 4.4 (6 reviews) | 8.8 (131 reviews) | 
  | **Ease of Admin** | 2.3 (5 reviews) | 8.8 (114 reviews) | 
  | **Quality of Support** | 1.7 (6 reviews) | 7.7 (171 reviews) | 
  | **Has the product been a good partner in doing business?** | 2.3 (5 reviews) | 8.5 (106 reviews) | 
  | **Product Direction (% positive)** | 2.2 (6 reviews) | 8.0 (250 reviews) | 

---
## Pricing

### Akaunting

#### Entry-Level Pricing

No pricing available

#### Free Trial

No information available

### Wave

#### Entry-Level Pricing

Plan:  Pay your staff 

Price: $20-$35 per month

Description: $20/month base fee in Canada + 44 states

$35/month base fee in California, Florida, New York, Texas, Illinois & Washington

$4 additional per employee added

Key Features:
- Includes direct deposit.
- Employee portal to check pay stubs and history.
- Perfect for salaried and hourly workers, full-time or part-time.

[Browse all 3 editions](https://www.g2.com/products/wave/pricing)

#### Free Trial

Yes

---
## Features Comparison By Category

### Accounting

| Product | Score | Reviews |
|---|---|---|
| **Akaunting** | N/A | N/A |
| **Wave** | 7.2/10 | 92 |

#### General Ledger

| Feature | Akaunting | Wave | 
|---|---|---|
| **Journal Entries** | Not enough data | 8.0 (56 reviews) ✓ Verified | 
| **Tags / Dimensions** | Not enough data | 7.9 (47 reviews) ✓ Verified | 
| **Audit Trail** | Not enough data | 7.6 (47 reviews) ✓ Verified | 

#### Accounts Receivable

| Feature | Akaunting | Wave | 
|---|---|---|
| **Invoice Customization** | Not enough data | 8.6 (76 reviews) | 
| **AR Automation** | Not enough data | 8.1 (56 reviews) ✓ Verified | 
| **Collections Automation** | Not enough data | 8.0 (48 reviews) ✓ Verified | 

#### Accounts Payable

| Feature | Akaunting | Wave | 
|---|---|---|
| **AP Automation** | Not enough data | 7.8 (36 reviews) | 
| **Payment Processing** | Not enough data | 8.1 (56 reviews) ✓ Verified | 
| **Purchase Orders** | Not enough data | 7.4 (34 reviews) ✓ Verified | 

#### Other Functionality

| Feature | Akaunting | Wave | 
|---|---|---|
| **Inventory Tracking / Ordering** | Not enough data | 6.8 (29 reviews) ✓ Verified | 
| **Inventory Pricing and Costing** | Not enough data | 7.1 (30 reviews) ✓ Verified | 
| **Inventory Reporting** | Not enough data | 6.8 (28 reviews) | 
| **Multi-Entity / Consolidation** | Not enough data | 6.9 (31 reviews) ✓ Verified | 
| **Recognition Rules** | Not enough data | 7.1 (32 reviews) ✓ Verified | 
| **Reconciliations** | Not enough data | 7.8 (47 reviews) ✓ Verified | 
| **Payroll** | Not enough data | 6.7 (28 reviews) ✓ Verified | 
| **Time and Expense** | Not enough data | 6.8 (28 reviews) ✓ Verified | 

#### Reporting & Analytics

| Feature | Akaunting | Wave | 
|---|---|---|
| **Financial Statements** | Not enough data | 8.3 (78 reviews) ✓ Verified | 
| **Custom Reporting** | Not enough data | 7.8 (60 reviews) ✓ Verified | 
| **Budgeting / Forecasting** | Not enough data | 7.7 (42 reviews) ✓ Verified | 
| **Dashboards** | Not enough data | 8.5 (73 reviews) ✓ Verified | 

#### Platform

| Feature | Akaunting | Wave | 
|---|---|---|
| **Customization** | Not enough data | 7.3 (59 reviews) ✓ Verified | 
| **Workflow Capability** | Not enough data | 7.3 (41 reviews) ✓ Verified | 
| **User, Role, and Access Management** | Not enough data | 7.8 (54 reviews) ✓ Verified | 
| **Internationalization** | Not enough data | 7.2 (29 reviews) ✓ Verified | 
| **Performance and Reliability** | Not enough data | 8.2 (66 reviews) ✓ Verified | 
| **Output Document Generation** | Not enough data | 7.9 (53 reviews) ✓ Verified | 

#### Integration

| Feature | Akaunting | Wave | 
|---|---|---|
| **Data Import and Export Tools** | Not enough data | 7.7 (50 reviews) ✓ Verified | 
| **Integration APIs** | Not enough data | 7.2 (31 reviews) | 
| **Breadth of Partner Applications** | Not enough data | 6.6 (31 reviews) ✓ Verified | 

#### Cash Flow

| Feature | Akaunting | Wave | 
|---|---|---|
| **Track Cash Flow** | Not enough data | 8.0 (33 reviews) ✓ Verified | 
| **Income and Expenses** | Not enough data | 8.4 (37 reviews) ✓ Verified | 
| **File Exports** | Not enough data | 7.6 (28 reviews) ✓ Verified | 

#### Budgeting & Forecasting

| Feature | Akaunting | Wave | 
|---|---|---|
| **Budgeting / Forecasting** | Not enough data | 7.7 (42 reviews) ✓ Verified | 
| **Data Import** | Not enough data | 7.2 (25 reviews) ✓ Verified | 
| **Versioning** | Not enough data | 6.6 (17 reviews) ✓ Verified | 
| **Historical Data** | Not enough data | 7.2 (27 reviews) ✓ Verified | 

#### Revenue

| Feature | Akaunting | Wave | 
|---|---|---|
| **Revenue Types** | Not enough data | 7.9 (28 reviews) ✓ Verified | 
| **Revenue Allocation** | Not enough data | 7.5 (23 reviews) ✓ Verified | 
| **Scheduling** | Not enough data | 7.2 (21 reviews) | 

#### Payroll

| Feature | Akaunting | Wave | 
|---|---|---|
| **Direct Deposit** | Not enough data | 6.7 (20 reviews) ✓ Verified | 
| **Check/W-2 Printing** | Not enough data | 6.8 (17 reviews) | 
| **Tax Calculation** | Not enough data | 6.6 (20 reviews) ✓ Verified | 
| **Reporting and Dashboards** | Not enough data | 7.7 (25 reviews) ✓ Verified | 

#### AI

| Feature | Akaunting | Wave | 
|---|---|---|
| **Data Extraction** | Not enough data | 5.9 (9 reviews) | 
| **Invoice Processing** | Not enough data | 6.9 (9 reviews) | 
| **Expense Management** | Not enough data | 6.7 (10 reviews) | 
| **Fraud Detection** | Not enough data | 4.5 (7 reviews) | 
| **Tax Compliance** | Not enough data | 6.7 (8 reviews) | 
| **Support Chatbots** | Not enough data | 5.6 (8 reviews) | 
| **Bank Reconciliations** | Not enough data | 7.6 (9 reviews) | 
| **Report Generation** | Not enough data | 6.7 (8 reviews) | 
| **Customizable Alerts** | Not enough data | 6.0 (7 reviews) | 
| **Predictive Analytics** | Not enough data | 5.7 (7 reviews) | 

#### Mobile Applications - Accounting

| Feature | Akaunting | Wave | 
|---|---|---|
| **Cloud Integration** | Not enough data | 6.9 (9 reviews) | 
| **Notifications** | Not enough data | 7.8 (9 reviews) | 
| **UI** | Not enough data | 6.9 (9 reviews) | 
| **Offline** | Not enough data | 4.2 (6 reviews) | 
| **Expense Tracking** | Not enough data | 6.7 (8 reviews) | 
| **Invoice Management** | Not enough data | 8.3 (11 reviews) | 

#### Agentic AI - Accounting

| Feature | Akaunting | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

### Billing

| Product | Score | Reviews |
|---|---|---|
| **Akaunting** | N/A | N/A |
| **Wave** | 7.8/10 | 50 |

#### Bill Generation

| Feature | Akaunting | Wave | 
|---|---|---|
| **Templates** | Not enough data | 7.9 (36 reviews) | 
| **Digital Billing** | Not enough data | 8.3 (42 reviews) | 
| **Recurring Billing** | Not enough data | 8.1 (36 reviews) | 

#### Bill Processing

| Feature | Akaunting | Wave | 
|---|---|---|
| **Consolidation** | Not enough data | 7.6 (28 reviews) | 
| **Batch Invoicing** | Not enough data | 7.7 (27 reviews) | 
| **Management** | Not enough data | 8.3 (40 reviews) | 

#### Integration

| Feature | Akaunting | Wave | 
|---|---|---|
| **Accounting** | Not enough data | 7.9 (37 reviews) | 
| **Payments** | Not enough data | 8.0 (33 reviews) | 
| **ERP** | Not enough data | 6.8 (19 reviews) | 

#### Agentic AI - Billing

| Feature | Akaunting | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

### AWS Marketplace

| Product | Score | Reviews |
|---|---|---|
| **Akaunting** | N/A | N/A |
| **Wave** | N/A | N/A |

#### Agentic AI - AWS Marketplace

| Feature | Akaunting | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 
| **Multi-step Planning** | Not enough data | Not enough data | 
| **Cross-system Integration** | Not enough data | Not enough data | 

### Accounting & Finance

| Product | Score | Reviews |
|---|---|---|
| **Akaunting** | N/A | N/A |
| **Wave** | N/A | N/A |

#### Agentic AI - Accounting & Finance

| Feature | Akaunting | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

---
## Categories
**Shared Categories (1):** [Accounting Software](https://www.g2.com/categories/accounting)

**Unique to Akaunting (1):** [AWS Marketplace Software](https://www.g2.com/categories/aws-marketplace)

**Unique to Wave (1):** [Billing Software](https://www.g2.com/categories/billing)


---
## Reviewer Demographics

### By Company Size

| Segment | Akaunting | Wave | 
|---|---|---|
| **Small-Business** | 100.0% | 94.6% | 
| **Mid-Market** | 0% | 4.2% | 
| **Enterprise** | 0% | 1.3% | 

### By Industry

#### Akaunting

- **Accounting:** 41.7%
- **Computer Software:** 25.0%
- **Information Technology and Services:** 16.7%
- **Marketing and Advertising:** 8.3%
- **Internet:** 8.3%

#### Wave

- **Marketing and Advertising:** 15.6%
- **Accounting:** 5.9%
- **Information Technology and Services:** 5.9%
- **Design:** 4.9%
- **Computer Software:** 3.3%
- **Management Consulting:** 2.9%
- **Internet:** 2.9%
- **Health, Wellness and Fitness:** 2.6%
- **Graphic Design:** 2.6%
- **Consulting:** 2.3%
- **Other:** 51.1%

---
## Alternatives

### Alternatives to Akaunting

- [Odoo ERP](https://www.g2.com/products/odoo-odoo-erp/reviews) — 4.2/5 stars (349 reviews)
- [Intuit QuickBooks](https://www.g2.com/products/intuit-quickbooks/reviews) — 4.4/5 stars (394 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3831 reviews)
- [Xero](https://www.g2.com/products/xero/reviews) — 4.4/5 stars (1619 reviews)
- [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4804 reviews)
- [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (975 reviews)
- [SAP ECC](https://www.g2.com/products/sap-ecc/reviews) — 4.2/5 stars (943 reviews)
- [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4250 reviews)
- [Acumatica](https://www.g2.com/products/acumatica/reviews) — 4.4/5 stars (2007 reviews)
- [QuickBooks Desktop Pro](https://www.g2.com/products/quickbooks-desktop-pro/reviews) — 4.3/5 stars (1765 reviews)

### Alternatives to Wave

- [Xero](https://www.g2.com/products/xero/reviews) — 4.4/5 stars (1619 reviews)
- [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (975 reviews)
- [Zoho Books](https://www.g2.com/products/zoho-books/reviews) — 4.4/5 stars (328 reviews)
- [QuickBooks Desktop Pro](https://www.g2.com/products/quickbooks-desktop-pro/reviews) — 4.3/5 stars (1765 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3831 reviews)
- [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4804 reviews)
- [GoDaddy Bookkeeping](https://www.g2.com/products/godaddy-bookkeeping/reviews) — 4.1/5 stars (38 reviews)
- [Zoho Invoice](https://www.g2.com/products/zoho-invoice/reviews) — 4.7/5 stars (361 reviews)
- [Square Point of Sale](https://www.g2.com/products/square-point-of-sale/reviews) — 4.6/5 stars (1208 reviews)
- [HoneyBook](https://www.g2.com/products/honeybook/reviews) — 4.5/5 stars (217 reviews)

---
## Top Discussions

### Akaunting

- Title: [What are the features of electronic accounting?](https://www.g2.com/discussions/what-are-the-features-of-electronic-accounting) — 1 comment
  > **Top comment:** "This question does not makes sense"

### Wave

- Title: [Is Wave Accounting really free?](https://www.g2.com/discussions/is-wave-accounting-really-free) — 2 comments
  > **Top comment:** "yes"
- Title: [Is wave a good accounting software?](https://www.g2.com/discussions/is-wave-a-good-accounting-software) — 2 comments
  > **Top comment:** "Yeah. It has most of the features required by a small business. You can request the team if you need anything in particular "
- Title: [What is Wave Software?](https://www.g2.com/discussions/what-is-wave-software) — 2 comments
  > **Top comment:** "Wave software is an easy to use Payroll and Accounting software. You can create invoices, send billings, track expenses, and all normal transactions..."
- Title: [How does Wave Software make money?](https://www.g2.com/discussions/how-does-wave-software-make-money) — 1 comment
  > **Top comment:** "On payments they take a percent just like all payments services. They give the accounting platform away for free because they know at least some people will..."

---
**Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/akaunting-vs-wave)