Top Wave Accounting Alternatives & Competitors

Finding the right software for your business can be challenging, and while Wave Accounting is a popular choice, it may not be the perfect fit for everyone. If you're exploring Wave Accounting alternatives, you're in the right place. We’ve compiled a list of the top competitors that offer similar features, pricing, and benefits. Compare the best alternatives to Wave Accounting and discover the ideal solution tailored to your needs.

Wave Accounting is also listed in these categories:

Last Updated: October 04, 2025

All Competitors and Alternatives to Wave Accounting

QuickBooks Enterprise is a powerful accounting software designed for small and medium-sized businesses that require more advanced features than standard accounting solutions. It offers a full suite of financial management tools, including accounts payable and receivable, payroll processing, inventory management, and advanced reporting. QuickBooks Enterprise helps businesses manage complex financia... Read more about QuickBooks Enterprise

Free Trial

NA

Pricing Type

$2210 Per year

Location

United States

Simplifying Invoicing and Accounting for Small Businesses

   4.2

 (828 Reviews)

FreshBooks is a user-friendly accounting tool designed and developed for small businesses and freelancers. It simplifies financial tasks with customizable invoicing and accurate time tracking for hourly services. With the automation feature, you can automate processes like recurring invoices and automatic expense categorization to save time on routine activities. FreshBooks encourages client colla... Read more about FreshBooks

Free Trial

30 Days

Pricing Type

$2.10 Per month

Location

Canada

Accounting Software – Do Beautiful Business

   4.5

 (1 Reviews)

Xero is a user-friendly accounting software designed for small businesses. It facilitates efficient financial management through features like invoicing and expense tracking. With bank feeds, Xero automatically imports and categorizes transactions, saving time on manual entry. The platform provides real-time access to financial data, aiding in timely decision-making. Xero's dashboard offers a clea... Read more about Xero

Free Trial

30 Days

Pricing Type

$29 Per month

Location

New Zealand

Elorus is an intuitive Billing and Invoicing Software designed to simplify financial management for freelancers, small businesses, and service providers. The platform allows users to create professional invoices, track payments, and manage expenses with ease. Elorus features automated billing, recurring invoices, and payment reminders, ensuring timely payments and improved cash flow. The software ... Read more about Elorus

Free Trial

Available

Pricing Type

Contact Vendor

Location

Greece

All your business on one platform.

Odoo is a comprehensive business management software, offering a wide array of applications to streamline various business operations. Its modular structure allows for customization, catering to specific business needs. Key features include CRM for customer management, eCommerce solutions, accounting tools, inventory management, and project management capabilities. Odoo also supports HR management... Read more about Odoo

Free Trial

Available

Pricing Type

$24.90 Per month

Location

Belgium

Powerful Accounting Platform for your Business

   4.9

 (3 Reviews)

Zoho Books is an intuitive accounting software created for small businesses, offering seamless financial management. It stands out with features like effortless invoicing, allowing you to design and send professional invoices with ease. The platform ensures precise expense tracking, aiding in maintaining financial control. Integration with bank accounts provides real-time updates on transactions. ... Read more about Zoho Books

Free Trial

14 Days

Pricing Type

$749 Per month

Location

United States

Top Business Management Software

Oracle NetSuite is a top-notch cloud-based ERP solution that offers various tools, such as CRM, Human Capital Management, Omnichannel Commerce, Global Business Management, and Accounting Software. The tool provides its services in different industries, like IT Services, Healthcare, Professional Services, Retail, and Wholesale Distribution. Oracle NetSuite offers a unified platform that businesses,... Read more about NetSuite

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

100% free invoicing software for small businesses

Zoho Invoice is an easy-to-use invoicing software created for small businesses. It offers many top-class features to manage billing and payments. The solution’s simple interface allows users to create and customize professional invoices easily. Zoho Invoice streamlines the invoicing process to make it efficient for both businesses and clients. The app provides features for tracking expenses and ... Read more about Zoho Invoice

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Designed to help you manage your business finances with ease.

QuickBooks Online is a popular accounting software for businesses. It helps manage finances efficiently. With QuickBooks Online, you can easily track income and expenses. It simplifies invoicing, making it convenient to bill clients. The software offers real-time access to financial data, aiding in informed decision-making. Bank transactions can be automatically imported and categorized, saving ti... Read more about QuickBooks Online

Free Trial

30 Days

Pricing Type

$19 Per month

Location

United States

Abby is a user-friendly Billing and Invoicing Software designed to streamline and automate the financial processes for businesses of all sizes. It offers a comprehensive platform for creating, sending, and managing invoices, ensuring timely and accurate billing for products and services. Abby features an intuitive interface that allows users to easily generate professional invoices with customizab... Read more about Abby

Free Trial

Available

Pricing Type

$0.01 Per month

Location

France

FAQs About Wave Accounting Alternatives

Some of the best alternatives to Wave Accounting include Odoo, QuickBooks Enterprise, QuickBooks Online, Zoho Books, Zoho Invoice, FreshBooks, Xero, NetSuite, Elorus and Abby. These alternatives offer similar features, better pricing, and more flexibility depending on your business needs.

There are various reasons why users look for alternatives to Wave Accounting, such as pricing concerns, missing features, better integration options, or improved customer support. Exploring alternative solutions ensures that businesses find the best fit for their specific requirements.

Yes! Depending on the product, you may find:

  • Free Trial options like Odoo, QuickBooks Online, Zoho Books, FreshBooks, Xero, NetSuite, Elorus and Abby (test premium features before subscribing).

These no-cost or low-cost alternatives can be ideal for startups and small businesses with budget constraints, but often come with feature limitations or usage caps. Always check each option’s details to ensure it fits your specific needs.

Small businesses looking for an easy-to-use and cost-effective alternative to Wave Accounting can consider Odoo, QuickBooks Enterprise, QuickBooks Online, Zoho Books, Zoho Invoice, FreshBooks, Xero, NetSuite, Elorus and Abby. These software options offer affordable pricing, simple setup, and essential business features tailored for growing teams.

Enterprises seeking a robust alternative to Wave Accounting can explore Odoo, Zoho Books, Zoho Invoice, Xero and NetSuite. These platforms offer scalability, advanced automation, top-tier security, and enterprise-grade customer support to meet large-scale business needs.

Some of the best cloud-based alternatives to Wave Accounting include Odoo, QuickBooks Enterprise, QuickBooks Online, Zoho Books, Zoho Invoice, FreshBooks, Xero, NetSuite, Elorus and Abby. These platforms offer seamless remote access, real-time collaboration, automatic updates, and enhanced security for smooth software management.

Yes, most Wave Accounting alternatives provide mobile apps for iOS and Android. Options like Odoo, QuickBooks Enterprise, QuickBooks Online, Zoho Books, Zoho Invoice, FreshBooks, Xero and NetSuite offer full-featured mobile applications that allow users to manage tasks, track progress, and collaborate on the go.

Yes, several open-source alternatives to Wave Accounting exist, such as Odoo and Zoho Invoice. These options are ideal for businesses looking for customizability, transparency, and cost-effectiveness, while maintaining full control over their software and data.

In conclusion, while Wave Accounting offers a robust, user-friendly solution for small businesses seeking free accounting software, it’s essential to consider alternatives like Odoo, FreshBooks, Zoho Books, and QuickBooks Online, which provide more advanced features and scalability. Xero and NetSuite cater to larger enterprises with comprehensive functionalities, while Zoho Invoice and Elorus offer specialized invoicing solutions. QuickBooks Enterprise and Abby also present strong options for businesses with specific needs. Ultimately, the best choice depends on your business size, budget, and specific accounting requirements.