Last Updated: 2026-05-14
Which Accounting & Finance tool is right for your business in 2026? We compared 18 features across pricing, integrations, ease of use, and more.
"QuickBooks is an accounting software that helps small businesses manage their finances, track expenses, and invoice clients."
"Wave is a free finance management software designed for small businesses, providing invoicing, accounting, and receipt scanning."
View Comparison For
🏆 Winner for Small Business
QuickBooks
QuickBooks offers more comprehensive features that are essential for small businesses.
🏆 Winner for Mid Market
QuickBooks
QuickBooks provides a better range of features suited for mid-market businesses.
🏆 Winner for Enterprise
QuickBooks
QuickBooks excels with features that support larger business complexities.
18 features compared across 18 categories
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Monthly Subscription Fee | $25 | $0 | Wave |
QuickBooks
$25
Wave
$0
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Invoicing | Yes | Yes | QuickBooks |
QuickBooks
Yes
Wave
Yes
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Sales Tax Tracking | Yes | Yes | QuickBooks |
QuickBooks
Yes
Wave
Yes
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Credit Card Payments | Yes | Yes | QuickBooks |
QuickBooks
Yes
Wave
Yes
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Customer Support | 24/7 Support | Limited Hours | QuickBooks |
QuickBooks
24/7 Support
Wave
Limited Hours
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Third-party Integrations | 650+ Integrations | 100+ Integrations | QuickBooks |
QuickBooks
650+ Integrations
Wave
100+ Integrations
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Ease of Use | Intuitive Layout | Simple Navigation | QuickBooks |
QuickBooks
Intuitive Layout
Wave
Simple Navigation
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Expense Tracking | Automatic & Manual | Manual Only | QuickBooks |
QuickBooks
Automatic & Manual
Wave
Manual Only
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Financial Reports | Comprehensive Reporting | Basic Reporting | QuickBooks |
QuickBooks
Comprehensive Reporting
Wave
Basic Reporting
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Mobile App Availability | Yes | Yes | QuickBooks |
QuickBooks
Yes
Wave
Yes
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Custom Templates | Yes | Limited Options | QuickBooks |
QuickBooks
Yes
Wave
Limited Options
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Multiple User Access | Up to 25 Users | 1 User | QuickBooks |
QuickBooks
Up to 25 Users
Wave
1 User
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Multi-Currency Transactions | Yes | No | QuickBooks |
QuickBooks
Yes
Wave
No
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Payroll Features | Integrated Payroll | Add-on Needed | QuickBooks |
QuickBooks
Integrated Payroll
Wave
Add-on Needed
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Email Marketing | Available | Not Available | QuickBooks |
QuickBooks
Available
Wave
Not Available
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Data Encryption | Yes | Yes | QuickBooks |
QuickBooks
Yes
Wave
Yes
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Data Backup | Automatic Backups | Manual Backups | QuickBooks |
QuickBooks
Automatic Backups
Wave
Manual Backups
| Feature | QuickBooks | Wave | Winner |
|---|---|---|---|
| Training Resources | Comprehensive | Limited | QuickBooks |
QuickBooks
Comprehensive
Wave
Limited
Wave has a free tier available, whereas QuickBooks begins at $30/month.
QuickBooks is highly recommended for businesses that specifically need: invoicing and payment processing, comprehensive reporting, user support and training.
Wave is the better choice if your primary focus is: cost-conscious users, basic bookkeeping needs, simple invoicing.
QuickBooks offers more comprehensive features that are essential for small businesses.
See how QuickBooks and Wave stack up against other top tools.
We've compiled the ultimate buyer's guides comparing the top tools across every major B2B category. See how these platforms rank against the entire market.
Ready to decide?
Try one of the tools free today.