Both Akaunting and Wave Accounting are leading accounting software solutions, but which one is better for you and your business?
Below we compare Akaunting and Wave Accounting across nearly 50 different data points to help you make find the right one.
Akaunting vs Wave Accounting Reviews
Akaunting | Wave Accounting | ||
Trustpilot Rating | 2.1 | 1.5 | |
Number of Trustpilot Reviews | 44 | 127 | |
iPhone App Rating | 1.7 | 4.5 | |
Number of iPhone App Reviews | 12 | 5,700 | |
Android App Rating | 1.8 | 3.6 | |
Number of Android App Reviews | 105 | 23,000 |
Akaunting vs Wave Accounting Pricing
Akaunting | Wave Accounting | |
Free Trial | Yes | No |
Free Trial Length | No | No |
Cheapest Plan Name | Standard Cloud | Free |
Cheapest Plan Cost Per Month | $84 | NA |
Mid Priced Plan Name | Elite Cloud | NA |
Mid Priced Plan Cost Per Month | $84 | NA |
Top Plan Name | Ultimate Cloud | No |
Top Plan Cost Per Month | $218 | NA |
Akaunting vs Wave Accounting Features
Features | Akaunting | Wave Accounting |
Target Business Size | Medium | Small |
Tax Help | Yes | Yes |
Income & Expenses | Yes | Yes |
Bookkeeping | Yes | Yes |
Send Invoices | Yes | Yes |
Collect Payments Via Bank Transfer | Yes | Yes |
Collect Payments Via Credit Card | Yes | Yes |
Recurring Payments | Yes | Yes |
Enter Bills | Yes | Yes |
Reconcile Bank Transactions | Yes | Yes |
Bank Account Included | No | No |
Cash Flow Report | Yes | Yes |
W-9 + 1099 Management | Yes | Yes |
Help With Sales Tax | Yes | Yes |
Use Multiple Currencies | Yes | Yes |
Expense Tracking | Yes | Yes |
Payroll Software Integration | Yes | Yes |
Tax Deductions | Yes | Yes |
Receipt Capture | Yes | Yes |
Mileage Tracking | Yes | No |
Time Management | Yes | No |
Inventory Management | Yes | Yes |
User Access Controls | Yes | Yes |
Financial Planning | Yes | Yes |
Import/Export To & From Excel | Yes | Yes |
Free Support | Yes | No |
API | Yes | Yes |
List of Other Software Integrations
Akaunting | Wave Accounting |
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Akaunting Standard Cloud Features

- 1 Company
- 1 User + 1 Accountant
- 1,000 Invoices
- 4 Apps Included
- Ticket Support
- Unlimited Customers
- Unlimited Vendors
- Unlimited Reports
- Recurring Payment Reminders
- Multiple Currencies
- Manage Employees
- List Products or Services
- Sales Tax Calculation
- Multiple Bank Accounts
- Import Bank Transactions
- Billing Calendar
- Live Currency Rates
- Two-Factor Authentication
- Address Auto-complete
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.
Akaunting Ultimate Cloud Features
- Unlimited Company
- Unlimited User + 1 Accountant
- Unlimited Invoices
- All Apps Included
- Ticket Support
- Unlimited Customers
- Unlimited Vendors
- Unlimited Reports
- Recurring Payment Reminders
- Multiple Currencies
- Manage Employees
- List Products or Services
- Sales Tax Calculation
- Multiple Bank Accounts
- Import Bank Transactions
- Bank Connection
- Chart of Accounts
- Balance Sheet
- Trial Balance
- Manual Journals
- General Ledger
- Client Portal
- Billing Calendar
- Live Currency Rates
- Two-Factor Authentication
- Address Auto-complete
- Double-Entry
- Bank Feeds
- Expense Claims
- Roles & Permissions
- Estimates (Quotes)
- Payroll
- Projects
- Inventory
- CRM
- Receipts (Scan documents)
- Shopify
- Stripe
- Point of Sale (POS)
- Credit & Debit Notes
- Budgeting
- Sales & Purchase Orders
- Custom Fields
- Auto-schedule Reports
- Automations
- Crypto Assets
- Regulations (GST, MTD, Form 1099)
- Proposals
- Payment Methods
- e-Commerce Platforms
- All 50+ Apps
Wave Accounting No Features
NA
Akaunting vs Wave Accounting Pro & Cons
Akaunting | Wave Accounting | |
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Cons |
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