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wave profile
quickbooks online profile

Overall customer rating: Customer rating:



Recommended by: Recommended by:

81% of users

55% of users

Operating Systems: Operating Systems:



Mobile compatibility: Mobile compatibility:

Deployment: Deployment:

Target customer size: Target customer size:

Price: Price:


Most positive review: Most positive review:

“Waveapps is one of the best free payroll and invoicing tools out there. The invoicing works great, it easily connects to all your bank accounts and it allows you to share your account with an accounting professional.”

- Aaron Socci, Bold Brew Studios LLC

“I love how simple and quick this app is for organizing your income and expenses. I was able to use the three month profit and loss report to qualify for health insurance, I have my schedule C amounts at a glance, and I can attach receipt photos to each expense. Life is so much easier!”

- Erin Paul, Self-Employed Musician

Most negative review: Most negative review:

“What has made us hesitant to go all-in with Wave is their lack of migration support. The process of changing from QB is time consuming, and if you’re a small business you sometimes do not have the time.”

- Jay Wasack, AlwaysConnected Solutions

“Where to start. Their product is poorly architected, their support makes promises they can't follow through on, the cost is higher than competitors purely because of name recognition.”

- Dean Legatski, Therapeutic Relief


How it's priced: How it's priced:

Wave is a free, cloud-based solution that offers additional functionality with a monthly subscription fee or a per-transaction model.

Quickbooks Online is a cloud-based solution. You pay a monthly subscription fee.

Contract term: Contract term:

Wave requires no contract for cloud-based deployment.

Quickbooks Online requires no contract for cloud-based deployment; subscription renewed monthly.

Upfront costs: Upfront costs:

No upfront fees.

Additional fees apply for data migration.

Recurring costs: Recurring costs:

Fees apply for premium support.

Fees apply for premium support and add-ons and usage upgrades.

What does it cost?: What does it cost?:


Billing and invoicing: Billing and invoicing:

Financial reporting: Financial reporting:

Core accounting: Core accounting:

Payroll: Payroll:

Expense management: Expense management:

Inventory management: Inventory management:

Ease of Use:

Overall customer rating: Customer rating:



Most positive review: Most positive review:

“User friendly, easy to set up and navigate. I am a sole proprietor and use a Mac, and the software is compatible with it. Which is great!”

- Perry Mossembekker, State Farm

“Easy to use and all inclusive. Sync with banks is easy and invaluable. Auto-set invoices is also fantastic to bill on time.”

- Lisa Bongiovanni, Clever Funnel Marketing

Most negative review: Most negative review:

“Wish it was easier to tag and organize transactions.”

- Chirag Patel, Capsis Realty Management

“The UI is a little clunky. It is also missing a bunch of features that is on the regular QuickBooks like undo reconciliations. It feels like it’s halfway there.”

- Zubin Tehreani, LeagueSide


Overall customer rating: Customer rating:



Most positive review: Most positive review:

“They are fast to respond and always follow up with every request.”

- Daryl Crouse, Crouse & Associates

“Support has always been helpful & responsive, but I rarely have to call.”

- Loralee Hutton, Her Portable Biz

Most negative review: Most negative review:

“They were late to handle an issue I was having, but eventually solved it. It really dragged out and there was a lot of miscommunication, which wasn’t the best experience. Overall, they righted a wrong, so that's what really matters.”

- Zubin Tehreani, LeagueSide

“Hanging up the phone after an hour long call where they were unable to help me.”

- Dean Legatski, Therapeutic Relief

Phone support: Phone support:

Phone support available through purchase of support plan.

Phone support included in subscription fee.

Online case submission: Online case submission:

Online case submission available to all users.

24/7 Online case submission included in subscription fee.

Online support options: Online support options:

Help website, knowledge base and online community included in subscription fee. Additional support can be purchased.

Help website and knowledge base included in subscription fee.

Training: Training:

Training not offered.

“Getting Started” online catalogue included in subscription fee. Online training includes webinars and/or videos.

* The research on this page is updated by our editorial team. Email us if you're a vendor with new information or a potential buyer with questions or comments.