Compare Wave Accounting vs. FreshBooks

Ratings and Reviews 6 Ratings

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Ratings and Reviews 5,466 Ratings

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What is Wave Accounting?

Wave presents a robust and no-cost accounting solution that streamlines financial management for entrepreneurs. Its intuitive features enable users to connect their bank accounts, automatically sync their expenditures, and maintain balanced books, all while ensuring readiness for tax season. Seize control of your financial landscape today with a platform that eliminates unnecessary jargon and complexity. After setting up your account, you can swiftly configure everything and access the system at your convenience, whether at home or on the go. Your financial information remains available and is securely stored, giving you reassurance about data safety. Linking your bank accounts is a quick process, and transactions are automatically recorded in your bookkeeping, saving you from the tedious task of manually entering receipts. With a clear snapshot of your finances, you’re better equipped to make informed choices for your business. Our easy-to-use reporting tools facilitate month-to-month and year-to-year comparisons, allowing you to identify cash flow trends effortlessly. When your financials are well-organized, tax season transforms into a stress-free endeavor, enabling you to concentrate on your business growth. Starting with Wave means you are not merely managing finances; you are also equipping your business for future success and stability. Moreover, you gain valuable insights that can help you navigate your business trajectory with confidence.

What is FreshBooks?

FreshBooks simplifies the invoicing and billing process for small enterprises. Renowned as a leading accounting and invoicing solution, FreshBooks caters to both self-employed individuals and small businesses alike. By streamlining invoicing and billing tasks, it enables companies to focus on their passions and core activities. Its extensive array of robust features encompasses expense tracking, time management, and payment processing capabilities. Moreover, the FreshBooks mobile application empowers users to manage their finances from any location, enhancing flexibility and productivity. This combination of features and convenience makes FreshBooks an invaluable asset for any small business.

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Integrations Supported

Codat

Ema

Everlance

FirstOfficer

ForwardAI

HoneyBook

Insightly

Integrately

Local Line

Make

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Integrations Supported

Codat

Ema

Everlance

FirstOfficer

ForwardAI

HoneyBook

Insightly

Integrately

Local Line

Make

Show More Integrations

See All Integrations

API Availability

Has API

API Availability

Has API

Pricing Information

$35 per month

Free Trial Offered?

Free Version

Pricing Information

$6.30/month

Free Trial Offered?

Free Version

Supported Platforms

SaaS

Android

iPhone

iPad

Windows

Mac

On-Prem

Chromebook

Linux

Supported Platforms

SaaS

Android

iPhone

iPad

Windows

Mac

On-Prem

Chromebook

Linux

Customer Service / Support

Standard Support

24 Hour Support

Web-Based Support

Customer Service / Support

Standard Support

24 Hour Support

Web-Based Support

Training Options

Documentation Hub

Webinars

Online Training

On-Site Training

Training Options

Documentation Hub

Webinars

Online Training

On-Site Training

Company Facts

Organization Name

Wave Financial

Date Founded

2009

Company Location

Canada

Company Website

www.waveapps.com/accounting

Company Facts

Organization Name

FreshBooks

Date Founded

2004

Company Location

Canada

Company Website

www.freshbooks.com/

Categories and Features

Accounting

Accounts Payable

Accounts Receivable

Bank Reconciliation

Billing & Invoicing

CPA Firms

Cash Management

Cryptocurrency Support

Expense Tracking

Fixed Asset Management

Fund Accounting

General Ledger

Government

Multi-Currency

Nonprofits

Payroll Management

Project Accounting

Purchase Orders

Tax Management

Accounts Receivable

ACH Payment Processing

Billing & Invoicing

Check Processing

Collections Management

Online Payment Processing

Overpayment Processing

Partial Payments

Receivables Ledger

Recurring Billing

Billing and Invoicing

Billing Portal

Contact Database

Contingency Billing

Customer Portal

Customizable Invoices

Dunning Management

Hourly Billing

Invoice History

Mobile Payments

Multi-Currency

Online Invoicing

Online Payments

Payment Processing

Project Billing

Recurring/Subscription Billing

Service Ticket Billing

Tax Calculator

Bookkeeping

Accounts Payable

Accounts Receivable

Bank Reconciliation

Billing & Invoicing

Cash Management

Collections

Expense Tracking

Fixed Asset Management

General Ledger

Payroll

Revenue Recognition

Spend Management

Tax Management

Expense Report

Approval Process Control

Invoice Management

Multi-Currency

Receipt Management

Reimbursement Management

Spend Control

Time Tracking

Workflow Management

General Ledger

Law Firm Accounting

Medical Accounting

Real Estate Accounting

Accounts Payable

Accounts Receivable

Bank Reconciliation

Commission Management

Contract Management

General Ledger

Mobile Access

Payroll

Property Development Management

Reporting / Analytics

Work Order Management

Receipt Scanner

Recurring Billing

Customer Portal

Deferred Billing

Discount Management

Dunning Management

Invoice History

Multi-Currency

Multi-Period Recurring Billing

Payment Processing

Recurring Donations

Subscription Billing

Restaurant Accounting

Categories and Features

Accounting

Looking to expand your business without the stress? FreshBooks enables you to make informed financial choices. Access personalized, up-to-the-minute reports that highlight both potential risks and opportunities, ensuring you maximize your tax deductions. Experience it for free or enjoy a 70% discount on FreshBooks today!

Accounts Payable

Accounts Receivable

Bank Reconciliation

Billing & Invoicing

CPA Firms

Cash Management

Cryptocurrency Support

Expense Tracking

Fixed Asset Management

Fund Accounting

General Ledger

Government

Multi-Currency

Nonprofits

Payroll Management

Project Accounting

Purchase Orders

Tax Management

Accounts Receivable

ACH Payment Processing

Billing & Invoicing

Check Processing

Collections Management

Online Payment Processing

Overpayment Processing

Partial Payments

Receivables Ledger

Recurring Billing

AR Automation

Billing and Invoicing

Are you weary of tracking down invoices and managing endless documents? FreshBooks streamlines your billing workflow. Design elegant, customized invoices, dispatch them to your clients, and effortlessly monitor payment progress. By using FreshBooks, you can reduce administrative tasks and receive payments up to twice as quickly. Start your free trial or enjoy a 70% discount on FreshBooks today!

Billing Portal

Contact Database

Contingency Billing

Customer Portal

Customizable Invoices

Dunning Management

Hourly Billing

Invoice History

Mobile Payments

Multi-Currency

Online Invoicing

Online Payments

Payment Processing

Project Billing

Recurring/Subscription Billing

Service Ticket Billing

Tax Calculator

Bookkeeping

Achieve financial clarity with robust bookkeeping solutions that empower you to make informed choices, strategize for expansion, and maintain compliance. FreshBooks streamlines this process, allowing you to take charge and gain insight, so you can concentrate on scaling your enterprise. Experience it for free or enjoy a 70% discount on FreshBooks today.

Accounts Payable

Accounts Receivable

Bank Reconciliation

Billing & Invoicing

Cash Management

Collections

Expense Tracking

Fixed Asset Management

General Ledger

Payroll

Revenue Recognition

Spend Management

Tax Management

Construction Accounting

Accounts Payable

Accounts Receivable

Billing & Invoicing

Budgeting & Forecasting

Cash Management

Construction Breakdowns

General Ledger

Job Costing

Overrun Projections

Payroll Management

Purchase Order Management

Quotes / Estimates

Expense Report

Effortlessly manage your finances with FreshBooks! Capture, organize, and take control of your expenses by tracking receipts, automatically importing bank transactions, and gaining valuable insights into your spending habits. Streamline your tax preparation and budgeting processes, ensuring you maintain a clear understanding of your financial flow. Experience it for free or enjoy a fantastic 70% discount on FreshBooks today!

Approval Process Control

Invoice Management

Multi-Currency

Receipt Management

Reimbursement Management

Spend Control

Time Tracking

Workflow Management

Finance

Bid farewell to intricate spreadsheets and perplexing software! With FreshBooks, you can access all your vital financial tools in a single platform. This comprehensive accounting software simplifies your billing, payments, and bookkeeping processes. Experience it for free or enjoy a 70% discount on FreshBooks today!

General Ledger

Law Firm Accounting

Legal Billing

Accounting Management

Automatic Billing

Calendar Management

Case Management

Client Portal

Document Management

Expense Tracking

Time Tracking

Legal Time Tracking

Payment Processing

FreshBooks simplifies the payment process, allowing you to get compensated quickly and easily. Accept credit card payments, Apple Pay, and bank transfers from your clients to accelerate your cash flow. Enjoy the convenience of automatic payment tracking and invoice reconciliation, which saves you valuable time. Start your free trial or take advantage of a 70% discount on FreshBooks today!

ACH Check Transactions

Bitcoin Compatible

Debit Card Support

Gift Card Management

Mobile Payments

Online Payments

POS Transactions

Receipt Printing

Recurring Billing

Signature Capture

Payroll

401(k) Tracking

Attendance Management

Benefits Management

Check Printing

Compensation Management

Deductions Management

Direct Deposit

Multi-Country

Multi-State

Reporting/Analytics

Self Service Portal

Tax Compliance

Vacation / Leave Tracking

W-2 and 1099 Preparation

Wage Garnishment

Project Accounting

Receipt Scanner

Reconciliation

Recurring Billing

Streamline your invoicing process using FreshBooks. Create customized, polished invoices and send them to your clients effortlessly, all while tracking their payment status in real-time. Free up precious time typically consumed by administrative tasks and enjoy the advantage of receiving payments up to twice as fast. Sign up for a Free trial or take advantage of a 70% discount on FreshBooks today.

Customer Portal

Deferred Billing

Discount Management

Dunning Management

Invoice History

Multi-Currency

Multi-Period Recurring Billing

Payment Processing

Recurring Donations

Subscription Billing

Restaurant Accounting

Time and Expense

Activity Tracking

Billable Hours Tracking

Billing Rate Management

Expense Tracking

Invoice Processing

Multiple Billing Rates

Project Tracking

Reimbursement Management

Time Tracking by Client

Time Tracking by Project

Time Clock

Biometric Recognition

Hourly Employee Tracking

Messaging

Mobile Access

Online Punch Card

Payroll Management

Punch card

Reporting/Analytics

Salaried Employee Tracking

Sick Leave Tracking

Vacation / Leave Tracking

Workstation Tracking

Time Tracking

FreshBooks offers an intuitive and effective expense tracking solution that simplifies the process of monitoring your business expenditures. With this tool, you can effortlessly visualize your spending habits and assess your profitability, eliminating the need for complicated spreadsheets or cluttered receipt storage. Experience it for free or take advantage of a 70% discount on FreshBooks today.

Automatic Time Capture

Billable & Non-Billable Hours

Billing & Invoicing

Employee Database

Expense Tracking

Mobile Time Tracking

Multiple Billing Rates

Offline Time Tracking

Online Time Tracking

Overtime Calculation

Time per Project Reporting

Timesheet Management