Compare QuickBooks Online and Wave 
Featured Products
At a Glance
Market Segments
Small-Business (82.1% of reviews)
Small-Business (95.4% of reviews)
Entry-Level Pricing
$38.00 Per Month
$20-$35 per month
QuickBooks Online
Star Rating
(3,709)4.0 out of 5
Market Segments
Small-Business (82.1% of reviews)
Pros & Cons
Entry-Level Pricing
$38.00 Per Month
Browse all 4 pricing plansWave
Star Rating
(314)4.3 out of 5
Market Segments
Small-Business (95.4% of reviews)
Pros & Cons
Entry-Level Pricing
$20-$35 per month
Browse all 3 pricing plansSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that QuickBooks Online excels in user experience, with many praising its intuitive interface and the convenience of accessing financials from any browser. Users appreciate features like automated workflows that save time on repetitive tasks, making it a strong choice for those who value efficiency.
- Users say Wave stands out for its affordability and ease of use, particularly for small businesses. Many find the free tier appealing, allowing them to utilize essential features without incurring costs. The ability to connect multiple accounts and easily upload receipts is frequently highlighted as a major benefit.
- According to verified reviews, QuickBooks Online has a significantly higher overall satisfaction score, reflecting its robust feature set and reliability. Users mention that the platform's customizable reports and bank connections streamline their accounting processes, which is crucial for managing multiple clients effectively.
- Reviewers mention that while Wave is user-friendly, it may lack some advanced features that QuickBooks Online offers, such as comprehensive payroll management and detailed financial reporting. This can be a drawback for businesses looking for more than just basic accounting functionalities.
- G2 reviewers highlight that QuickBooks Online's support quality, while generally good, could improve, especially in response times. However, users still find value in the extensive resources available, including tutorials and community forums, which help them navigate challenges.
- Users appreciate Wave's straightforward setup process, which is often described as less complicated than QuickBooks Online. This makes it an attractive option for those who are new to accounting software and prefer a simpler, more direct approach to managing their finances.
Pricing
Entry-Level Pricing
QuickBooks Online
Simple Start
$38.00
Per Month
- Customize and send invoices
- Track income and expenses
- Create and manage estimates
Wave
Pay your staff
$20-$35
per month
$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
- Includes direct deposit.
- Employee portal to check pay stubs and history.
- Perfect for salaried and hourly workers, full-time or part-time.
Free Trial
QuickBooks Online
Free Trial is available
Wave
Free Trial is available
Ratings
Meets Requirements
8.3
3,070
8.6
252
Ease of Use
8.2
3,120
8.9
254
Ease of Setup
8.0
1,645
8.8
124
Ease of Admin
8.1
1,430
8.7
113
Quality of Support
7.5
2,776
7.7
167
Has the product been a good partner in doing business?
7.8
1,395
8.5
105
Product Direction (% positive)
7.5
3,013
8.0
243
Features by Category
General Ledger
8.1
949
8.0
55
|
Verified
7.9
1371
|
Verified
7.8
46
|
Verified
8.1
1480
|
Verified
7.6
46
|
Verified
Accounts Receivable
8.1
1628
|
Verified
8.6
75
7.9
1338
|
Verified
8.1
54
|
Verified
7.7
1164
|
Verified
8.0
47
|
Verified
Accounts Payable
7.6
761
7.8
36
8.2
1494
|
Verified
8.1
54
|
Verified
8.0
1155
|
Verified
7.3
33
|
Verified
Other Functionality
7.6
935
|
Verified
6.8
27
|
Verified
7.6
956
|
Verified
7.0
29
|
Verified
7.6
930
|
Verified
6.8
28
7.6
1141
|
Verified
6.9
31
|
Verified
7.8
1308
|
Verified
7.1
32
|
Verified
8.4
1673
|
Verified
7.7
46
|
Verified
8.2
1187
|
Verified
6.7
27
|
Verified
8.0
1215
|
Verified
6.9
27
|
Verified
Reporting & Analytics
8.6
1848
|
Verified
8.3
73
|
Verified
8.1
1791
|
Verified
7.9
59
|
Verified
7.9
1408
|
Verified
7.6
41
|
Verified
8.2
1762
|
Verified
8.5
70
|
Verified
Platform
7.5
1550
|
Verified
7.3
58
|
Verified
7.7
1390
|
Verified
7.3
40
|
Verified
8.3
1651
|
Verified
7.8
54
|
Verified
7.9
1052
|
Verified
7.3
28
|
Verified
8.3
1774
|
Verified
8.2
64
|
Verified
8.1
1548
|
Verified
7.9
53
|
Verified
Integration
7.9
1584
|
Verified
7.8
49
|
Verified
7.6
705
7.2
31
7.9
1215
6.6
31
|
Verified
Cash Flow
8.3
645
|
Verified
8.0
33
|
Verified
8.7
722
|
Verified
8.3
36
|
Verified
8.4
667
|
Verified
7.6
28
|
Verified
Budgeting & Forecasting
7.9
1408
|
Verified
7.6
41
|
Verified
8.0
600
|
Verified
7.0
23
|
Verified
7.7
511
|
Verified
6.6
17
|
Verified
8.1
624
|
Verified
7.2
27
|
Verified
Revenue
8.3
624
|
Verified
7.9
28
|
Verified
8.3
589
|
Verified
7.5
23
|
Verified
7.9
522
7.2
21
Payroll
8.3
543
|
Verified
6.7
20
|
Verified
8.0
534
|
Verified
6.8
17
8.1
566
|
Verified
6.6
20
|
Verified
8.2
610
|
Verified
7.7
25
|
Verified
AI
6.8
184
5.5
7
7.1
180
6.5
8
6.9
180
6.7
9
6.6
178
4.5
7
6.9
179
6.7
8
6.3
179
5.6
8
7.5
187
7.6
9
7.2
182
6.7
8
6.8
176
6.0
7
6.8
176
5.7
7
Mobile Applications - Accounting
7.4
140
6.5
8
7.1
122
7.5
8
7.0
137
6.7
7
6.0
123
3.0
5
7.4
128
6.2
7
7.6
132
7.7
8
Agentic AI - Accounting
5.7
86
Not enough data
General Ledger
8.1
949
8.0
55
|
Verified
7.9
1371
|
Verified
7.8
46
|
Verified
8.1
1480
|
Verified
7.6
46
|
Verified
Accounts Receivable
8.1
1628
|
Verified
8.6
75
7.9
1338
|
Verified
8.1
54
|
Verified
7.7
1164
|
Verified
8.0
47
|
Verified
Accounts Payable
7.6
761
7.8
36
8.2
1494
|
Verified
8.1
54
|
Verified
8.0
1155
|
Verified
7.3
33
|
Verified
Multichannel inventory management
8.4
85
Not enough data
8.4
86
Not enough data
8.4
82
Not enough data
3PL inventory management
8.7
98
Not enough data
8.6
88
Not enough data
8.4
90
Not enough data
Inventory Management
8.8
96
Not enough data
8.8
95
Not enough data
8.6
91
Not enough data
8.6
91
Not enough data
8.6
98
Not enough data
Inventory Management Platform Features
8.7
119
Not enough data
8.7
114
Not enough data
8.5
117
Not enough data
8.3
108
Not enough data
8.1
111
Not enough data
8.7
104
Not enough data
8.2
111
Not enough data
8.5
113
Not enough data
8.8
115
Not enough data
8.6
119
Not enough data
Order Entry
8.6
113
Not enough data
8.8
107
Not enough data
8.5
111
Not enough data
Order Tracking
8.0
96
Not enough data
7.9
98
Not enough data
7.9
93
Not enough data
Inventory Management
8.1
95
Not enough data
8.0
93
Not enough data
7.9
89
Not enough data
Customer Management
8.2
98
Not enough data
8.4
107
Not enough data
8.4
109
Not enough data
Subscription Management
8.6
110
Not enough data
8.3
106
Not enough data
8.5
114
Not enough data
8.3
101
Not enough data
Agentic AI - Order Management
4.5
11
Not enough data
5.0
11
Not enough data
Bill Generation
Not enough data
7.9
36
Not enough data
8.3
41
Not enough data
8.1
36
Bill Processing
Not enough data
7.6
28
Not enough data
7.6
26
Not enough data
8.2
39
Integration
Not enough data
7.9
37
Not enough data
8.0
33
Not enough data
6.8
19
Agentic AI - Billing
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Agentic AI - Vendor Management
5.6
13
Not enough data
Revenue Recognition
8.4
147
Not enough data
8.2
154
Not enough data
8.3
163
Not enough data
Categories
Categories
Shared Categories
QuickBooks Online and Wave are categorized as Accounting
Unique Categories
QuickBooks Online is categorized as Nonprofit Accounting, Vendor Management, Inventory Control, and Order Management
Wave is categorized as Billing
Reviews
Reviewers' Company Size
QuickBooks Online
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Wave
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Accounting
18.0%
Construction
5.3%
Marketing and Advertising
5.3%
Non-Profit Organization Management
4.4%
Information Technology and Services
4.2%
Other
62.8%
Marketing and Advertising
15.9%
Information Technology and Services
6.0%
Accounting
5.3%
Design
5.0%
Computer Software
3.3%
Other
64.5%
Discussions
What phone app works if you are using Quick books V15.0.5R6
7 Comments
JH
You are correct, you can only use the Invoicing app if you have the online version of Quickbooks. Hope this helps!Read more
What can you do with QuickBooks online?
3 Comments
CV
It would be great to see QBO have the ability to send monthly statements via email, not the generic intuit email, but a selectable email that is by the...Read more
Is wave a good accounting software?
2 Comments
MM
Yeah. It has most of the features required by a small business. You can request the team if you need anything in particular Read more
What is Wave Software?
2 Comments
MM
Wave software is an easy to use Payroll and Accounting software. You can create invoices, send billings, track expenses, and all normal transactions...Read more
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