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

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

Sage Accounting vs Wave Accounting Reviews

Sage AccountingWave Accounting
Trustpilot Rating4.41.5
Number of Trustpilot Reviews17,155127
iPhone App Rating4.24.5
Number of iPhone App Reviews325,700
Android App Rating3.13.6
Number of Android App Reviews31123,000

Sage Accounting vs Wave Accounting Pricing

Sage AccountingWave Accounting
Free TrialYesNo
Free Trial Length30 daysNo
Cheapest Plan NamePro AccountingFree
Cheapest Plan Cost Per Month$96.58NA
Mid Priced Plan NamePremium AccountingNA
Mid Priced Plan Cost Per Month$96.58NA
Top Plan NameQuantum AccountingNo
Top Plan Cost Per Month$160NA

Sage Accounting vs Wave Accounting Features

FeaturesSage AccountingWave 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 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

Sage AccountingWave Accounting
  • Stripe
  • Avalara
  • VeriClock
  • Paya
  • Zynk
  • Fortis
  • MISys
  • eBridge
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

Sage Accounting Pro Accounting Features

  • Invoice and bill tracking
  • Purchase order and approval
  • Expense management
  • Automated bank reconciliation
  • Reporting (Financial Statements, Cash Flow, GL)
  • Payroll subscription available2
  • Inventory management (manage stock, create assemblies, FIFO/LIFO costing)
  • Job management and job costing
  • Sage Security Shield

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.

Sage Accounting Quantum Accounting Features

NA

Wave Accounting No Features

NA

Sage Accounting vs Wave Accounting Pro & Cons

Sage AccountingWave Accounting
Pros
  • Cloud-Based Convenience
  • Streamlined Financial Management
  • Full-featured mobile app
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Limited report customization
  • Cluttered interface
  • Customer Service
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

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  • ZarMoney vs OneUp
  • FreshBooks vs gnucash
  • NetSuite vs Striven
  • Botkeeper vs Vic.ai
  • AccountEdge Pro vs Vic.ai
  • QuickBooks Online vs gnucash
  • NetSuite vs Wave Accounting

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