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Microsoft Dynamics 365 Business Central vs. Wave Accounting

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Microsoft Dynamics 365 Business Central

212 Reviews and Ratings

Wave Accounting

179 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Microsoft Dynamics 365 Business Central

    Score6.5 out of 10
    		N/AMicrosoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.

    $8

    per month per user

    Wave Accounting

    Score8.3 out of 10
    		N/AWave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.

    $16

    per month

    Pricing
    Microsoft Dynamics 365 Business CentralWave Accounting
    Editions & Modules
    Dynamics 365 Business Central Team Members
    $8
    per month (billed annually) per user
    Dynamics 365 Business Central Essentials
    $70
    per month (billed annually) per user
    Dynamics 365 Business Central Premium
    $100
    per month (billed annually) per user
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    Microsoft Dynamics 365 Business CentralWave Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    YesYes
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Microsoft Dynamics 365 Business CentralWave Accounting
    Considered Both Products
    Microsoft
    No answer on this topic
    Wave
    Lukas Sundahl, MBA
    Co-Founder in Finance and Accounting at Solutions Through Innovative Technologies, Inc. (dba STI Technologies, Inc.) (Performing Arts, 1-10 employees)
    Chose Wave Accounting
    Wave stacks up well against QuickBooks especially from the price aspect. In addition the features within Wave are comparable to those found in QuickBooks. We selected Wave based on the reviews from other consumers and the ease of use with its web based application. Wave is so …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Microsoft Dynamics 365 Business CentralWave Accounting
    Payroll Management
    Comparison of Payroll Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    4.0
    7 Ratings
    Wave Accounting
    6.2
    24 Ratings
    Pay calculation2.07 Ratings7.123 Ratings
    Benefit plan administration2.05 Ratings7.54 Ratings
    Direct deposit files2.06 Ratings1.220 Ratings
    Salary revision and increment management00 Ratings7.712 Ratings
    Reimbursement management00 Ratings7.48 Ratings
    Customization
    Comparison of Customization features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    5.8
    18 Ratings
    Wave Accounting
    8.5
    13 Ratings
    API for custom integration5.817 Ratings9.99 Ratings
    Plug-ins5.815 Ratings7.011 Ratings
    Security
    Comparison of Security features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    8.7
    22 Ratings
    Wave Accounting
    6.4
    45 Ratings
    Single sign-on capability7.418 Ratings6.432 Ratings
    Role-based user permissions10.021 Ratings6.436 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    5.2
    23 Ratings
    Wave Accounting
    6.3
    72 Ratings
    Dashboards4.919 Ratings6.070 Ratings
    Standard reports5.823 Ratings8.069 Ratings
    Custom reports4.922 Ratings5.036 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    7.7
    23 Ratings
    Wave Accounting
    7.0
    75 Ratings
    Accounts payable7.422 Ratings7.158 Ratings
    Accounts receivable6.921 Ratings7.169 Ratings
    Global Financial Support5.310 Ratings9.02 Ratings
    Primary and Secondary Ledgers5.89 Ratings9.05 Ratings
    Journals and Reconciliations6.312 Ratings8.530 Ratings
    Configurable Accounting5.812 Ratings5.017 Ratings
    Standardized Processes5.813 Ratings7.019 Ratings
    Cash management00 Ratings8.561 Ratings
    Bank reconciliation00 Ratings8.565 Ratings
    Expense management00 Ratings7.563 Ratings
    Time tracking00 Ratings9.811 Ratings
    Fixed asset management00 Ratings9.812 Ratings
    Multi-currency support00 Ratings10.019 Ratings
    Multi-division support00 Ratings7.19 Ratings
    Regulations compliance00 Ratings5.016 Ratings
    Electronic tax filing00 Ratings5.914 Ratings
    Self-service portal00 Ratings8.040 Ratings
    Intercompany Accounting00 Ratings4.05 Ratings
    Localizations00 Ratings5.23 Ratings
    Enterprise Accounting00 Ratings4.07 Ratings
    Centralized Rules Framework00 Ratings1.03 Ratings
    Inventory Management
    Comparison of Inventory Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    5.9
    18 Ratings
    Wave Accounting
    8.1
    11 Ratings
    Inventory tracking5.818 Ratings5.68 Ratings
    Automatic reordering5.811 Ratings9.95 Ratings
    Location management2.014 Ratings8.12 Ratings
    Manufacturing module00 Ratings9.01 Ratings
    Order Management
    Comparison of Order Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    4.7
    21 Ratings
    Wave Accounting
    7.6
    52 Ratings
    Pricing2.018 Ratings9.926 Ratings
    Order entry5.818 Ratings10.018 Ratings
    Credit card processing2.012 Ratings2.345 Ratings
    Cost of goods sold2.016 Ratings10.033 Ratings
    Order Orchestration6.37 Ratings5.85 Ratings
    End-to-end order visibility00 Ratings8.24 Ratings
    Order exception Resolution00 Ratings7.02 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    7.4
    13 Ratings
    Wave Accounting
    -
    Ratings
    Billing Management6.311 Ratings00 Ratings
    Cash and Asset Management6.312 Ratings00 Ratings
    Travel & Expense Management5.88 Ratings00 Ratings
    Budgetary Control & Encumbrance Accounting5.89 Ratings00 Ratings
    Period Close5.312 Ratings00 Ratings
    Project Financial Management
    Comparison of Project Financial Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    8.7
    8 Ratings
    Wave Accounting
    -
    Ratings
    Budgeting and Forecasting10.08 Ratings00 Ratings
    Project Costing10.07 Ratings00 Ratings
    Cost Capture10.08 Ratings00 Ratings
    Capital Project Management8.05 Ratings00 Ratings
    Customer Contract Compliance10.06 Ratings00 Ratings
    Project Revenue Recognition8.04 Ratings00 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    6.2
    5 Ratings
    Wave Accounting
    -
    Ratings
    Project Planning and Scheduling2.04 Ratings00 Ratings
    Task Insight for Project Managers2.04 Ratings00 Ratings
    Project Mobile Functionality2.04 Ratings00 Ratings
    Definable Resource Pools2.04 Ratings00 Ratings
    Grants Management
    Comparison of Grants Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    9.7
    3 Ratings
    Wave Accounting
    -
    Ratings
    Award Lifecycle Management10.03 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    6.9
    8 Ratings
    Wave Accounting
    -
    Ratings
    Bids Analyzed and Compared2.04 Ratings00 Ratings
    Contract Authoring2.04 Ratings00 Ratings
    Contract Repository2.04 Ratings00 Ratings
    Requisitions-to-Purchase Orders Integrated5.87 Ratings00 Ratings
    Supplier Management5.85 Ratings00 Ratings
    Risk Management
    Comparison of Risk Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    7.3
    5 Ratings
    Wave Accounting
    -
    Ratings
    Risk Repository5.34 Ratings00 Ratings
    Control Management4.95 Ratings00 Ratings
    Control Efficiency Assessments5.84 Ratings00 Ratings
    Issue Detection5.35 Ratings00 Ratings
    Remediation and Certification5.34 Ratings00 Ratings
    Logistics
    Comparison of Logistics features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    5.4
    4 Ratings
    Wave Accounting
    -
    Ratings
    Transportation Planning and Optimization2.03 Ratings00 Ratings
    Transportation Execution Management2.03 Ratings00 Ratings
    Trade and Customs Management2.03 Ratings00 Ratings
    Fulfillment Management1.04 Ratings00 Ratings
    Warehouse Workforce Management2.03 Ratings00 Ratings
    Manufacturing
    Comparison of Manufacturing features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    4.5
    4 Ratings
    Wave Accounting
    -
    Ratings
    Production Process Design2.03 Ratings00 Ratings
    Production Management2.04 Ratings00 Ratings
    Configuration Management2.03 Ratings00 Ratings
    Work Execution2.03 Ratings00 Ratings
    Manufacturing Costs2.04 Ratings00 Ratings
    Supply Chain
    Comparison of Supply Chain features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    3.5
    6 Ratings
    Wave Accounting
    -
    Ratings
    Forecasting1.06 Ratings00 Ratings
    Inventory Planning2.06 Ratings00 Ratings
    Performance Monitoring2.06 Ratings00 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of Microsoft Dynamics 365 Business Central and Wave Accounting
    Feature
    Microsoft Dynamics 365 Business Central
    7.3
    3 Ratings
    Wave Accounting
    -
    Ratings
    Proposal Management2.02 Ratings00 Ratings
    Product Master Data Management2.02 Ratings00 Ratings
    User Ratings
    Microsoft Dynamics 365 Business CentralWave Accounting
    Likelihood to Recommend
    6.3
    (23 ratings)
    6.0
    (81 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    7.8
    (3 ratings)
    Usability
    9.0
    (3 ratings)
    7.0
    (16 ratings)
    Availability
    8.0
    (1 ratings)
    6.7
    (4 ratings)
    Performance
    -
    (0 ratings)
    2.9
    (2 ratings)
    Support Rating
    10.0
    (2 ratings)
    2.1
    (12 ratings)
    Online Training
    -
    (0 ratings)
    4.7
    (3 ratings)
    CPA Rating
    -
    (0 ratings)
    8.0
    (8 ratings)
    Product Scalability
    -
    (0 ratings)
    3.0
    (2 ratings)