# TurboTax Business vs Wave Comparison

| | TurboTax Business | Wave | 
|---|---|---|
| **Star Rating** | 4.4 out of 5 | 4.3 out of 5 | 
| **Total Reviews** | 94 | 323 | 
| **Largest Market Segment** | Small-Business (83.3% of reviews) | Small-Business (94.6% of reviews) | 
| **Entry Level Price** | No pricing available | $20-$35 per month | 

---
## Top Pros & Cons

### TurboTax Business

**Not enough data**

### Wave

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

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

---
## Ratings Comparison
| Rating | TurboTax Business | Wave | 
|---|---|---|
  | **Meets Requirements** | 8.8 (78 reviews) | 8.6 (259 reviews) | 
  | **Ease of Use** | 8.9 (79 reviews) | 8.9 (261 reviews) | 
  | **Ease of Setup** | 9.1 (13 reviews) | 8.8 (131 reviews) | 
  | **Ease of Admin** | 9.1 (13 reviews) | 8.8 (114 reviews) | 
  | **Quality of Support** | 8.1 (71 reviews) | 7.7 (171 reviews) | 
  | **Has the product been a good partner in doing business?** | 8.8 (13 reviews) | 8.5 (106 reviews) | 
  | **Product Direction (% positive)** | 7.9 (76 reviews) | 8.0 (250 reviews) | 

---
## Pricing

### TurboTax Business

#### 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 |
|---|---|---|
| **TurboTax Business** | N/A | N/A |
| **Wave** | 7.2/10 | 92 |

#### General Ledger

| Feature | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

### Billing

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

#### Bill Generation

| Feature | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | 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 | TurboTax Business | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

### Corporate Tax

| Product | Score | Reviews |
|---|---|---|
| **TurboTax Business** | N/A | N/A |
| **Wave** | N/A | N/A |

#### Tax Planning

| Feature | TurboTax Business | Wave | 
|---|---|---|
| **Strategies** | Not enough data | Not enough data | 
| **Exemptions** | Not enough data | Not enough data | 
| **Credits** | Not enough data | Not enough data | 
| **Estimations** | Not enough data | Not enough data | 

#### Tax Filing

| Feature | TurboTax Business | Wave | 
|---|---|---|
| **Calculations** | Not enough data | Not enough data | 
| **Rules & Regulations** | Not enough data | Not enough data | 
| **Reporting** | Not enough data | Not enough data | 

#### Workflows

| Feature | TurboTax Business | Wave | 
|---|---|---|
| **Integrations** | Not enough data | Not enough data | 
| **Importing** | Not enough data | Not enough data | 

### Accounting & Finance

| Product | Score | Reviews |
|---|---|---|
| **TurboTax Business** | N/A | N/A |
| **Wave** | N/A | N/A |

#### Agentic AI - Accounting & Finance

| Feature | TurboTax Business | Wave | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

---
## Categories

**Unique to TurboTax Business (2):** [Corporate Tax Software](https://www.g2.com/categories/corporate-tax), [UKG Marketplace Software](https://www.g2.com/categories/ukg-marketplace)

**Unique to Wave (2):** [Billing Software](https://www.g2.com/categories/billing), [Accounting Software](https://www.g2.com/categories/accounting)


---
## Reviewer Demographics

### By Company Size

| Segment | TurboTax Business | Wave | 
|---|---|---|
| **Small-Business** | 83.3% | 94.6% | 
| **Mid-Market** | 5.6% | 4.2% | 
| **Enterprise** | 11.1% | 1.3% | 

### By Industry

#### TurboTax Business

- **Accounting:** 12.2%
- **Financial Services:** 5.6%
- **Information Technology and Services:** 4.4%
- **Management Consulting:** 4.4%
- **Health, Wellness and Fitness:** 3.3%
- **Marketing and Advertising:** 3.3%
- **Music:** 3.3%
- **Commercial Real Estate:** 2.2%
- **Consumer Services:** 2.2%
- **Education Management:** 2.2%
- **Other:** 56.7%

#### 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 TurboTax Business

- [Avalara](https://www.g2.com/products/avalara/reviews) — 4.0/5 stars (816 reviews)
- [H&R Block](https://www.g2.com/products/h-r-block/reviews) — 4.0/5 stars (21 reviews)
- [Vertex](https://www.g2.com/products/vertex-inc-vertex/reviews) — 4.4/5 stars (466 reviews)
- [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4787 reviews)
- [LinkedIn Recruiter](https://www.g2.com/products/linkedin-recruiter/reviews) — 4.5/5 stars (438 reviews)
- [Emburse Expense Enterprise (formerly Chrome River Expense)](https://www.g2.com/products/emburse-expense-enterprise-formerly-chrome-river-expense/reviews) — 4.3/5 stars (2121 reviews)
- [Nintex](https://www.g2.com/products/nintex-nintex/reviews) — 4.3/5 stars (1322 reviews)
- [Salary.com](https://www.g2.com/products/salary-com-salary-com/reviews) — 4.4/5 stars (1016 reviews)
- [TaxJar](https://www.g2.com/products/taxjar/reviews) — 4.7/5 stars (252 reviews)
- [CCH ProSystem fx Tax](https://www.g2.com/products/cch-prosystem-fx-tax/reviews) — 4.1/5 stars (133 reviews)

### Alternatives to Wave

- [Xero](https://www.g2.com/products/xero/reviews) — 4.4/5 stars (1616 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 (327 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 (3827 reviews)
- [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4787 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 (216 reviews)

---
## Top Discussions

### TurboTax Business

- Title: [Can I import Quickbooks Online data into Turbo Tax Business?](https://www.g2.com/discussions/can-i-import-quickbooks-online-data-into-turbo-tax-business) — 1 comment, 1 upvote
  > **Top comment:** "No,you can't directly, But you can convert your Quick books online data to Quick books desk top using a  trial subscription ."

### 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/turbotax-business-vs-wave)