Both Wave Accounting and TrulySmall Accounting are leading accounting software solutions, but which one is better for you and your business?
Below we compare Wave Accounting and TrulySmall Accounting across nearly 50 different data points to help you make find the right one.
Wave Accounting vs TrulySmall Accounting Reviews
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| Wave Accounting | TrulySmall Accounting | ||
| Trustpilot Rating | 1.5 | 3.8 | |
| Number of Trustpilot Reviews | 127 | 2 | |
| iPhone App Rating | 4.5 | No Rating | |
| Number of iPhone App Reviews | 5,700 | No Reviews | |
| Android App Rating | 3.6 | No Rating | |
| Number of Android App Reviews | 23,000 | No Reviews |
Wave Accounting vs TrulySmall Accounting Pricing
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| Wave Accounting | TrulySmall Accounting | |
| Free Trial | No | Yes |
| Free Trial Length | No | 14 days |
| Cheapest Plan Name | Free | TrulySmall Accounting |
| Cheapest Plan Cost Per Month | NA | NA |
| Mid Priced Plan Name | NA | NA |
| Mid Priced Plan Cost Per Month | NA | NA |
| Top Plan Name | No | No |
| Top Plan Cost Per Month | NA | NA |
Wave Accounting vs TrulySmall Accounting Features
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| Features | Wave Accounting | TrulySmall Accounting |
| Target Business Size | Small | Small |
| Tax Help | Yes | Yes |
| Income & Expenses | Yes | Yes |
| Bookkeeping | Yes | Yes |
| Send Invoices | Yes | Yes |
| Collect Payments Via Bank Transfer | Yes | Yes |
| Collect Payments Via Credit Card | Yes | Yes |
| Recurring Payments | Yes | Yes |
| Enter Bills | Yes | Yes |
| Reconcile Bank Transactions | Yes | Yes |
| Bank Account Included | No | No |
| Cash Flow Report | Yes | Yes |
| W-9 + 1099 Management | Yes | No |
| Help With Sales Tax | Yes | Yes |
| Use Multiple Currencies | Yes | Yes |
| Expense Tracking | Yes | Yes |
| Payroll Software Integration | Yes | No |
| Tax Deductions | Yes | Yes |
| Receipt Capture | Yes | Yes |
| Mileage Tracking | No | No |
| Time Management | No | No |
| Inventory Management | Yes | Yes |
| User Access Controls | Yes | Yes |
| Financial Planning | Yes | Yes |
| Import/Export To & From Excel | Yes | Yes |
| Free Support | No | Yes |
| API | Yes | Yes |
List of Other Software Integrations
| Wave Accounting | TrulySmall Accounting |
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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.
TrulySmall Accounting TrulySmall Accounting Features
- Automate Accounting Process
- Send Invoices
- Track Income & Expenses
- Track Sales Tax
- Essential Reporting
- True Double Entry Ledger
- Free Companion App
- IRS/CRA Standard CoA
Wave Accounting No Features
NA
TrulySmall Accounting No Features
NA
Wave Accounting vs TrulySmall Accounting Pro & Cons
| Wave Accounting | TrulySmall Accounting | |
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