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AccountEdge Pro vs Wave Accounting: Which Accounting Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both AccountEdge Pro and Wave Accounting are leading accounting software solutions, but which one is better for you and your business?

Below we compare AccountEdge Pro and Wave Accounting across nearly 50 different data points to help you make find the right one.

AccountEdge Pro vs Wave Accounting Reviews

AccountEdge ProWave Accounting
Trustpilot RatingNo Reviews1.5
Number of Trustpilot ReviewsNo Reviews127
iPhone App RatingNo Rating4.5
Number of iPhone App ReviewsNo Reviews5,700
Android App RatingNo Rating3.6
Number of Android App ReviewsNo Reviews23,000

AccountEdge Pro vs Wave Accounting Pricing

AccountEdge ProWave Accounting
Free TrialYesNo
Free Trial Length30 daysNo
Cheapest Plan NameAccountEdge ProFree
Cheapest Plan Cost Per Month$30NA
Mid Priced Plan NameAccountEdge Network EditionNA
Mid Priced Plan Cost Per Month$30NA
Top Plan NameAccountEdge HostedNo
Top Plan Cost Per Month$40NA

AccountEdge Pro vs Wave Accounting Features

FeaturesAccountEdge ProWave Accounting
Target Business SizeMediumSmall
Tax HelpYesYes
Income & ExpensesYesYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsYesYes
Enter BillsYesYes
Reconcile Bank TransactionsYesYes
Bank Account IncludedNoNo
Cash Flow ReportYesYes
W-9 + 1099 ManagementYesYes
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationYesYes
Tax DeductionsYesYes
Receipt CaptureNoYes
Mileage TrackingYesNo
Time ManagementYesNo
Inventory ManagementYesYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesNo
APINoYes

List of Other Software Integrations

AccountEdge ProWave Accounting
  • Square
  • UPS
  • Zapier
  • Power BI
  • Dropbox
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

AccountEdge Pro AccountEdge Pro Features

  • Single User
  • Local Desktop/On-Premise
  • Free Email Support
  • Unlimited Company Files
  • General Ledger
  • Sales & Invoices
  • Expense Management
  • Bank Reconciliation
  • Financial Reporting
  • Budgeting
  • Inventory Management
  • Payroll Processing
  • Time Billing
  • Contact Management
  • Password Protection
  • Data Backup
  • Free Accountant Copy
  • Office Integration

Wave Accounting Free Features

  • Get unlimited income and expense tracking.
  • Add unlimited partners, collaborators, or accountants.
  • Know if you should charge clients more just by glancing at your dashboard.
  • Make unlimited bank and credit card connections.
  • Access helpful reports like Overdue Invoices & Bills and Profit & Loss.

AccountEdge Pro AccountEdge Hosted Features

  • Single or Multi-User
  • Hosted Desktop
  • Free Technical Support
  • Unlimited Company Files
  • General Ledger
  • Sales & Invoices
  • Expense Management
  • Bank Reconciliation
  • Financial Reporting
  • Budgeting
  • Inventory Management
  • Payroll Processing
  • Time Billing
  • Contact Management
  • Password Protection
  • Data Backup
  • Free Accountant Copy
  • Office Integration

Wave Accounting No Features

NA

AccountEdge Pro vs Wave Accounting Pro & Cons

AccountEdge ProWave Accounting
Pros
  • Purchase entire platform in one lump sum
  • Offer desktop and web-browser based option
  • Excellent selection of features
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Extra cost for Popular Optional Add Ons
  • Poor dashboard
  • Limited integration capabilities
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

  • FreeAgent vs Wave Accounting
  • Striven vs Wave Accounting
  • Wave Accounting vs OneUp
  • FreshBooks vs Vic.ai
  • Zoho Books vs Vic.ai
  • QuickBooks Online vs Botkeeper
  • QuickBooks Online vs TaxSlayer Pro
  • Xero vs HoneyBook
  • FreshBooks vs Odoo Accounting
  • Botkeeper vs TrulySmall Accounting

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