• Skip to primary navigation
  • Skip to main content
Switch On Business

Switch On Business

  • Secretary of State Search
  • Registered Agent Services
  • CRM
  • Payroll Software
  • Accounting Software
  • Show Search
Hide Search

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

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

NetSuite vs Wave Accounting Reviews

NetSuiteWave Accounting
Trustpilot Rating1.81.5
Number of Trustpilot Reviews19127
iPhone App Rating2.44.5
Number of iPhone App Reviews405,700
Android App Rating23.6
Number of Android App Reviews40923,000

NetSuite vs Wave Accounting Pricing

NetSuiteWave Accounting
Free TrialYesNo
Free Trial Length14 daysNo
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

NetSuite vs Wave Accounting Features

FeaturesNetSuiteWave Accounting
Target Business SizeEnterpriseSmall
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 CaptureYesYes
Mileage TrackingYesNo
Time ManagementYesNo
Inventory ManagementYesYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesNo
APIYesYes

List of Other Software Integrations

NetSuiteWave Accounting
  • Magento
  • Amazon
  • ReadyCloud
  • Salesforce
  • Shopify
  • BigCommerce
  • ADP
  • Stripe
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

NetSuite Standard Features

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Tax Management
  • Close Management
  • Fixed Assets Management
  • Payment Management

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.

NetSuite No Features

NA

Wave Accounting No Features

NA

NetSuite vs Wave Accounting Pro & Cons

NetSuiteWave Accounting
Pros
  • All-in-one solution for SME to large enterprise
  • Multiple integration with other tools
  • Customizable features
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Complicated and overwhelming for startups
  • Website lacks pricing information
  • Complex initial setup process
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

  • ZarMoney vs Neat
  • Odoo Accounting vs OneUp
  • Zoho Books vs FreeAgent
  • Sage Accounting vs Wave Accounting
  • Xero vs HoneyBook
  • Botkeeper vs LessAccounting
  • Odoo Accounting vs gnucash
  • Wave Accounting vs Neat
  • FreshBooks vs HoneyBook
  • HoneyBook vs gnucash

Switch On Business

Copyright © 2025 SwitchOnBusiness.com

Mailing Address:
Switch On Business
1178 Broadway, 3rd Floor #3166
New York, NY
10001
United States

Content is for informational purposes and is not legal or financial advice. All information was accurate at the time of publication but may have since changed.

Disclosure: Our content is reader-supported. This means if you click on some of our links, then we may earn a commission. Our team is committed to delivering honest, objective, and independent reviews all business products and services.

Please check our Privacy Policy page for more


Project Management Software

  • Home
  • About
  • Privacy Policy
  • Contact Us
  • Business Stats