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gnucash vs Wave Accounting: Which Accounting Software Is Better?


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Last Updated: May 22, 2025

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

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

gnucash vs Wave Accounting Reviews

gnucashWave 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

gnucash vs Wave Accounting Pricing

gnucashWave Accounting
Free TrialNoNo
Free Trial LengthNoNo
Cheapest Plan NameStandardFree
Cheapest Plan Cost Per MonthNANA
Mid Priced Plan NameNANA
Mid Priced Plan Cost Per MonthNANA
Top Plan NameNoNo
Top Plan Cost Per MonthNANA

gnucash vs Wave Accounting Features

FeaturesgnucashWave Accounting
Target Business SizeSmallSmall
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 ManagementNoYes
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationNoYes
Tax DeductionsNoYes
Receipt CaptureNoYes
Mileage TrackingNoNo
Time ManagementNoNo
Inventory ManagementNoYes
User Access ControlsNoYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportNoNo
APIYesYes

List of Other Software Integrations

gnucashWave Accounting
  • DocHub
  • Synup
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

gnucash Standard Features

  • Double-Entry Accounting
  • Stock/Bond/Mutual Fund Accounts
  • Small-Business Accounting
  • Reports, Graphs
  • QIF/OFX/HBCI Import, Transaction Matching
  • Scheduled Transactions
  • Financial Calculations

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.

gnucash No Features

NA

Wave Accounting No Features

NA

gnucash vs Wave Accounting Pro & Cons

gnucashWave Accounting
Pros
  • Completely free accounting software
  • Features double-entry accounting
  • Does not require internet connection
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Not cloud-based
  • No live customer support
  • Outdated and Poor UX
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

  • HoneyBook vs LessAccounting
  • LessAccounting vs ZarMoney
  • AccountEdge Pro vs Akaunting
  • Patriot Software vs LessAccounting
  • Sage Accounting vs Acclux
  • Xero vs Botkeeper
  • TaxSlayer Pro vs myBooks
  • AccountEdge Pro vs TaxSlayer Pro
  • QuickBooks Online vs Xero
  • NetSuite vs Akounto

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