QuickBooks VS Wave - Jun 2024

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This article includes contributions from OpenAI's ChatGPT. This content is reader-supported, which means if you leave your details with us, we may earn a commission. Learn why ComparesTo is free .

QuickBooks is more expensive to implement (TCO) than Wave, and Wave is rated higher (97/100) than QuickBooks (87/100).

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Intuit Vs. Wave Accounting

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Wave Accounting: Wave Accounting is an awesome, cloud-based, integrated software and tools for small businesses. So far, that includes Invoicing, Accounting, Payroll, Payments and more, plus Personal Finance Software, too.

Who is more expensive? QuickBooks or Wave Accounting?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for QuickBooks and Wave Accounting.

QuickBooks price starts at $15 per month , On a scale between 1 to 10 QuickBooks is rated 2, which is much lower than the average cost of Core Accounting software. Wave Accounting price starts at $16 per month , When comparing Wave Accounting to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: Wave Accounting is more expensive than QuickBooks.

Which software includes more/better features?

We've compared QuickBooks Vs. Wave based on some of the most important and required Core Accounting features.

QuickBooks:

Wave Accounting:

Target customer size

QuickBooks Core Accounting software is best suited for small and medium-sized businesses.

Wave Accounting is an ideal software solution for small and medium-sized businesses looking for core accounting functionality without the complexity and cost of enterprise-level systems.