QuickBooks Desktop Pro vs. Wave Accounting

QuickBooks Desktop Pro

Wave Accounting

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
QuickBooks Desktop Pro	Score7.8 out of 10	N/A	Quickbooks Desktop Pro is accounting software from Intuit, Inc. It includes core accounting features, plus analytics and exportable reports. It is offered in on-premise and SaaS forms.	N/A
Wave Accounting	Score8.3 out of 10	N/A	Wave 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

QuickBooks Desktop Pro

Wave Accounting

No answers on this topic

Starter: $0
Pro: $16
per month
Pro - billed annually: $170
per year

Pricing Offerings
QuickBooks Desktop Pro	Wave Accounting
Free Trial
No	No
Free/Freemium Version
No	Yes
Premium Consulting/Integration Services
No	No

No setup fee

—

Community Pulse
Key User Insights
	QuickBooks Desktop Pro	Wave Accounting
Considered Both Products	Intuit No answer on this topic	Wave Daniel Jaworski Certified Public Accountant in Finance and Accounting at Deeagle Tax and Accounts Limited (Accounting, 1-10 employees) Chose Wave Accounting It is a useful solution but not designed for the UK market. For a businesses that want to see their debtors, creditors, profit and loss and balance sheet it is a great solution, however with those needing legal UK compliance the software will not work as well and the other free … Incentivized Helpful? Vin Campbell President in Information Technology at Mystic Mojo, LLC (Information Technology & Services, 1-10 employees) Chose Wave Accounting Circling back to the "free" thing again. For a small business, I am getting for free what QuickBooks Online charges no less than $40/month. Moving away from "free," these other solutions I listed above do more, and these would be the right solutions for the right needs. All of … Incentivized Helpful? JaCoby Marston, CPA Chief Financial Officer » Finance Management \| Accounting \| Taxation \| Cost Controls in Finance and Accounting at Trust Brands (Computer Software, 11-50 employees) Chose Wave Accounting Wave Accounting is very similar to QuickBooks Online. The functions of Wave Accounting are very similar to QuickBooks Online. The major difference is that with the low pricing of Wave Accounting, it lacks all of the bells and whistles that QuickBooks Online has like … Incentivized Helpful? Hanna Geshelin Owner/Instructor at Pocatello Sewing School (Arts and Crafts, 1-10 employees) Chose Wave Accounting QuickBooks was overkill for me, with much more features and functionality that I would ever need. It assumed I had been trained as an accountant, so the help was impossible for me to understand. Customer service was not available. I spent countless hours setting up the program … Incentivized Helpful?
	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

QuickBooks Desktop Pro

Wave Accounting

Comparison of Payroll Management features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 9.3 65 Ratings	Wave Accounting 6.2 24 Ratings
Pay calculation	9.961 Ratings	7.123 Ratings
Benefit plan administration	9.835 Ratings	7.54 Ratings
Direct deposit files	9.953 Ratings	1.220 Ratings
Salary revision and increment management	9.949 Ratings	7.712 Ratings
Reimbursement management	7.350 Ratings	7.48 Ratings

Comparison of Customization features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 7.9 39 Ratings	Wave Accounting 8.5 13 Ratings
API for custom integration	8.032 Ratings	9.99 Ratings
Plug-ins	7.836 Ratings	7.011 Ratings

Comparison of Security features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 10.0 94 Ratings	Wave Accounting 6.4 45 Ratings
Single sign-on capability	10.076 Ratings	6.432 Ratings
Role-based user permissions	10.089 Ratings	6.436 Ratings

Comparison of Reporting & Analytics features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 10.0 109 Ratings	Wave Accounting 6.3 72 Ratings
Dashboards	10.094 Ratings	6.070 Ratings
Standard reports	10.0109 Ratings	8.069 Ratings
Custom reports	10.0107 Ratings	5.036 Ratings

Comparison of General Ledger and Configurable Accounting features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 9.5 113 Ratings	Wave Accounting 7.0 75 Ratings
Accounts payable	10.0108 Ratings	7.158 Ratings
Accounts receivable	10.0110 Ratings	7.169 Ratings
Cash management	10.098 Ratings	8.561 Ratings
Bank reconciliation	10.0109 Ratings	8.565 Ratings
Expense management	10.0100 Ratings	7.563 Ratings
Time tracking	8.747 Ratings	9.811 Ratings
Fixed asset management	10.065 Ratings	9.812 Ratings
Multi-currency support	10.028 Ratings	10.019 Ratings
Multi-division support	10.053 Ratings	7.19 Ratings
Regulations compliance	7.239 Ratings	5.016 Ratings
Electronic tax filing	10.051 Ratings	5.914 Ratings
Self-service portal	9.738 Ratings	8.040 Ratings
Global Financial Support	7.015 Ratings	9.02 Ratings
Primary and Secondary Ledgers	8.837 Ratings	9.05 Ratings
Intercompany Accounting	10.039 Ratings	4.05 Ratings
Localizations	8.517 Ratings	5.23 Ratings
Journals and Reconciliations	10.066 Ratings	8.530 Ratings
Enterprise Accounting	10.034 Ratings	4.07 Ratings
Configurable Accounting	10.042 Ratings	5.017 Ratings
Centralized Rules Framework	10.025 Ratings	1.03 Ratings
Standardized Processes	10.049 Ratings	7.019 Ratings

Comparison of Inventory Management features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 6.7 56 Ratings	Wave Accounting 8.1 11 Ratings
Inventory tracking	6.453 Ratings	5.68 Ratings
Automatic reordering	6.132 Ratings	9.95 Ratings
Location management	6.229 Ratings	8.12 Ratings
Manufacturing module	8.216 Ratings	9.01 Ratings

Comparison of Order Management features of QuickBooks Desktop Pro and Wave Accounting
Feature	QuickBooks Desktop Pro 8.3 71 Ratings	Wave Accounting 7.6 52 Ratings
Pricing	10.051 Ratings	9.926 Ratings
Order entry	10.050 Ratings	10.018 Ratings
Credit card processing	7.148 Ratings	2.345 Ratings
Cost of goods sold	10.059 Ratings	10.033 Ratings
Order Orchestration	9.018 Ratings	5.85 Ratings
End-to-end order visibility	9.021 Ratings	8.24 Ratings
Order exception Resolution	3.216 Ratings	7.02 Ratings

User Ratings
	QuickBooks Desktop Pro	Wave Accounting
Likelihood to Recommend	9.9 (125 ratings)	6.0 (81 ratings)
Likelihood to Renew	10.0 (18 ratings)	7.8 (3 ratings)
Usability	10.0 (32 ratings)	7.0 (16 ratings)
Availability	8.3 (2 ratings)	6.7 (4 ratings)
Performance	- (0 ratings)	2.9 (2 ratings)
Support Rating	1.2 (29 ratings)	2.1 (12 ratings)
In-Person Training	10.0 (1 ratings)	- (0 ratings)
Online Training	- (0 ratings)	4.7 (3 ratings)
Implementation Rating	9.0 (6 ratings)	- (0 ratings)
CPA Rating	8.5 (22 ratings)	8.0 (8 ratings)
Product Scalability	8.0 (1 ratings)	3.0 (2 ratings)

QuickBooks Desktop Pro vs. Wave Accounting

QuickBooks Desktop Pro

Wave Accounting

Add Product

Recommended Comparisons