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

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

HoneyBook vs Wave Accounting Reviews

HoneyBookWave Accounting
Trustpilot Rating3.81.5
Number of Trustpilot Reviews271127
iPhone App Rating4.74.5
Number of iPhone App Reviews10,2005,700
Android App Rating4.43.6
Number of Android App Reviews1,51023,000

HoneyBook vs Wave Accounting Pricing

HoneyBookWave Accounting
Free TrialYesNo
Free Trial Length7 daysNo
Cheapest Plan NameStarterFree
Cheapest Plan Cost Per Month$39NA
Mid Priced Plan NameEssentialsNA
Mid Priced Plan Cost Per Month$39NA
Top Plan NamePremiumNo
Top Plan Cost Per Month$79NA

HoneyBook vs Wave Accounting Features

FeaturesHoneyBookWave 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 TransactionsNoYes
Bank Account IncludedNoNo
Cash Flow ReportNoYes
W-9 + 1099 ManagementYesYes
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationNoYes
Tax DeductionsYesYes
Receipt CaptureNoYes
Mileage TrackingNoNo
Time ManagementYesNo
Inventory ManagementNoYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesNo
APIYesYes

List of Other Software Integrations

HoneyBookWave Accounting
  • QuickBooks
  • Google
  • Meta Lead Ads
  • Zoom
  • Zapier
  • Pic-Time
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

HoneyBook Starter Features

  • Unlimited clients and projects
  • Invoices and payments
  • Proposals and contracts
  • Calendar
  • All professional templates
  • Client portal
  • Basic reports

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.

HoneyBook Premium Features

  • Unlimited clients and projects
  • Invoices and payments
  • Proposals and contracts
  • Calendar
  • All professional templates
  • Client portal
  • Scheduler
  • Automations
  • QuickBooks Online integration
  • Expense management
  • Profit and loss
  • Remove “Powered by HoneyBook”
  • Unlimited team members
  • Priority support
  • Multiple companies
  • Onboarding specialist
  • Advanced reports

Wave Accounting No Features

NA

HoneyBook vs Wave Accounting Pro & Cons

HoneyBookWave Accounting
Pros
  • All-in-one client platform
  • Intuitive and easy to use
  • Versatile mobile apps
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Limited integrations
  • No free plan
  • Cheapest plan does not have scheduling, automations and QuickBooks integration
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

  • Zoho Books vs Kashoo
  • Botkeeper vs OneUp
  • Xero vs Patriot Software
  • FreshBooks vs Striven
  • Zoho Books vs Striven
  • QuickBooks Online vs TopNotepad
  • FreeAgent vs Wave Accounting
  • NetSuite vs Odoo Accounting
  • HoneyBook vs TaxSlayer Pro
  • HoneyBook vs myBooks

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