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

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

TopNotepad vs Wave Accounting Reviews

TopNotepadWave 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

TopNotepad vs Wave Accounting Pricing

TopNotepadWave Accounting
Free TrialYesNo
Free Trial Length7 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

TopNotepad vs Wave Accounting Features

FeaturesTopNotepadWave 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 DeductionsYesYes
Receipt CaptureNoYes
Mileage TrackingNoNo
Time ManagementNoNo
Inventory ManagementYesYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesNo
APINoYes

List of Other Software Integrations

TopNotepadWave Accounting
  • Stripe
  • Paypal
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

TopNotepad Standard Features

  • Quotations
  • Invoicing
  • Payments
  • Expenses
  • Accounting
  • Reporting

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.

TopNotepad No Features

NA

Wave Accounting No Features

NA

TopNotepad vs Wave Accounting Pro & Cons

TopNotepadWave Accounting
Pros
  • Straightforward and easy to use
  • Cloud based application
  • Simple invoicing and VAT compliance reporting
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Website lacks pricing information
  • No mobile app
  • Integration with third party application
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

  • FreeAgent vs myBooks
  • Odoo Accounting vs OneUp
  • FreshBooks vs OneUp
  • Accurants vs Vic.ai
  • FreshBooks vs Xero
  • Xero vs gnucash
  • Odoo Accounting vs gnucash
  • Botkeeper vs Akaunting
  • Odoo Accounting vs LessAccounting
  • AccountEdge Pro vs Akounto

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