Compare the features, pricing plans, and add-ons available with both QuickBooks and Wave to find the best accounting solution for your business.

QuickBooks vs Wave
Plan overview |
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| Plans & pricingPer company file/EIN | EasyStart: $7/mo, Essentials: $32.50/mo, Plus: $19/mo, Advanced: $38/mo Save a minimum of 50% for 3 months* |
Starter: $0, Pro: $20/mo |
| Multiple usersTeam and accountant collaboration | EasyStart: 1, Essentials: 3, Plus: 5, Advanced: 25 |
Starter:1, Pro: No limit |
| Customer supportPhone support, live chat, help articles, and video tutorials | No direct phone number or live chat support | |
Accounting and reporting |
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| General accountingJournal entries and chart of accounts customization | ||
| Bank reconcilingBank feed imports, categorizations, and transaction matching | Auto bank feeds is available in Pro plan | |
| Accounts receivableInvoice tracking, notifications, and professional invoice creation | Recurring invoices is available in Pro plan Starter plan | |
| Accounts payableBills viewed by due date, payment automation, and multiple vendor payments | Recurring bills not available | |
| Financial reportingCash flow visibility, forecasting, budgeting, and reporting | Budgets available in Plus and Advanced, forecasting available in Advanced | No scenario planning, budgets or custom fields |
Industry specific |
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| Inventory managementInventory and costs of goods tracking | Available in Plus and Advanced plans | |
| Project profitabilityIncome and expense tracking on individual projects | Available in Plus and Advanced plans | |
| E-commerce app integrationShopify, eBay, and Amazon app integration | ||
Ecosystem add-ons (extra cost) |
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| Payroll and timePayroll direct deposit, payroll automation, and time tracking | No online time tracking, limited states for e-filing | |
| Accept paymentsBank transfers, credit card, and Apple Pay payments | No card reader option | |
*Discount offer. See offer terms below.
Pricing reflects total monthly costs as of July 3, 2025. Total cost per year is calculated by adding all the features that require additional fees.
Pricing may vary subject to discounted introductory rates. Pricing and feature list accurate as per Wave Canada’s website on July 3, 2025.

QuickBooks vs Wave comparison overview 2026
QuickBooks and Wave are both popular accounting software options for small businesses. Wave is a great fit for freelancers and small businesses that need simple ways to stay on top of invoicing and bookkeeping.
QuickBooks on the other hand, is built for sole proprietors and small to medium-sized businesses and has more advanced features designed to grow with your business. QuickBooks helps you manage everything from time tracking and job costing to inventory and in-depth reporting. It allows businesses to add services like payroll and payments. QuickBooks is ideal for businesses that need a more comprehensive solution to manage operations, scale efficiently, and gain deeper financial insight.
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- AI-powered bank feedsCategorizes your transactions quickly and accurately for fast approval.
- Sales Tax AIFlags discrepancies and suggests corrections to make before you file.
- Intuit Intelligence chatBETAChat for instant insights. Limited queries.
- Delegate tasks to AIBETALet AI handle tasks under your guidanceLet AI handle tasks under your guidance
- Sales and sales taxSales tax is calculated and tracked for you so you can file confidently with the CRA.
- Invoice and paymentsAccept credit cards and bank transfers in the invoice with QuickBooks Payments, get status updates and reminders.
- Anomaly detectionIdentifies potential errors in balance sheets and P&L reports with a path to resolution.
- Customer AIPrioritizes leads from your inbox and drafts email follow-ups.
- Intuit Intelligence chatBETAChat for instant insights. Limited queries.topFeatureList
- Delegate tasks to AIBETALet AI handle tasks under your guidance
- Inventory trackingTrack products, cost of goods, see what’s popular, create purchase orders, and manage vendors.
- BudgetingCreate budgets with real-time data you can collaborate with your team on.
- Project profitabilitySee how every project is tracking, so you can control costs and maximize profit.
- Class and location trackingMeasure which products, services, and locations are generating the most revenue for your business—and which can be optimized to perform better.
- Finance AIAnalyzes your data against financial plans and surfaces insights to drive profitability.**
- Project Management AIGets projects started faster by auto-populating drafts with details pre-filled.
- Intuit Intelligence chatBETAChat for instant insights. Limited queries.
- Delegate tasks to AIBETALet AI handle tasks under your guidance
- Custom roles and permissionsCreate and manage users and pre-defined roles, assigning them specific access levels to various areas of QuickBooks.
- Unlimited classes and locationsMeasure which products, services, and locations are generating the most revenue for your business—and which can be optimized to perform better.
- Custom report builderBuild and save reports that are tailored to your business needs.
- Workflow automationSave time and mitigate risk with automated workflows and set reminders for improved cash flow and more.
- Data sync with ExcelSeamlessly send data back and forth between and Excel for more accurate business data and custom insights.
Compare all features
Intuit Intelligence
Accounting
Expenses
Sales and Get Paid
Customer Hub
Time
Project Management
Inventory
Business Intelligence
Connected Platform
All plans include

User-friendly
design
QuickBooks' user-friendly interface makes navigating your finances a breeze, even if you're not an accounting expert. The layout and simple design ensure that you can find what you need quickly and efficiently.

Solid customer
support
With QuickBooks, you'll get expert help from real people through phone and live chat six days a week. Our specialists are here to support you with every part of your QuickBooks journey, from the initial switch to onboarding.
Smart app
integrations
Seamlessly connect QuickBooks to over 750 apps and tools, creating a unified hub for your business operations. From CRM systems to payment processors, QuickBooks integrates with a wide range of popular platforms, saving you time and effort.
Overview of Wave plans
Wave provides two distinct pricing plans tailored to different business needs: Starter and Pro, each offering varying levels of functionality and support.
Starter
The Wave Starter plan is a budget-friendly option for startups, small businesses, and the self-employed. It supports basic accounting requirements with invoicing, expense management, and reporting features.
Pro
Pro is designed for businesses seeking more automation. It includes everything in Starter, plus digital receipt capture, automated import, merge and categorization of bank transactions, and automated late payment reminders.
All Wave plans include

Invoicing
Wave allows you to create and send professional invoices. However, sending recurring invoices requires the Pro plan.

Customer support
Live customer chat and email support are available on weekdays from 9 am - 5 pm EST with the Pro Plan. Other resources include an automated support chatbot and an online resource center. There is no inbound phone line.
Integrations
Wave integrates with thousands of apps to extend its core functionality. To connect third-party tools, Zapier is required, which may lead to additional costs and complexity.
See how QuickBooks works
It’s easy to see why QuickBooks is a standout choice for small-to mid-size businesses. Its robust feature set, industry-specific tools, and readily available live customer support make it a comprehensive and user-friendly solution designed to help grow—and scale with—your business.
