softwares.com

QuickBooks Online vs Wave

Updated June 2026 · A structured head-to-head comparison.

Accounting for small businesses.

Free accounting and invoicing for small business.

The verdict

Both QuickBooks Online and Wave are credible accounting tools, and the right pick comes down to your priorities.

Choose QuickBooks Online if you want a longer free trial (30 days). Accounting for small businesses.

Choose Wave if you'd rather have a lower starting price (free – $16/mo), a free plan to start on and a higher overall rating (4.3/5). Free accounting and invoicing for small business.

QuickBooks Online vs Wave: side by side

DimensionQuickBooks OnlineWave
Starting priceFrom $35/moFree – $16/moWinner
Free planNoYesWinner
Free trial30 daysWinner
Pricing modelSubscriptionFreemium
Best forSmb, AccountantsFreelancers, Micro Business
PlatformsWeb, Ios, AndroidWeb, Ios, Android
Rating4.0/54.3/5Winner

QuickBooks Online key facts

Vendor
Intuit
Pricing
Subscription — From $35/mo
Free tier
Free trial (30 days)
Platforms
Web, Ios, Android
Best for
Smb, Accountants
Editor rating
4.0 / 5
Founded
2004
Headquarters
Mountain View, CA, USA

Wave key facts

Vendor
Wave
Pricing
Freemium — Free – $16/mo
Free tier
Yes
Platforms
Web, Ios, Android
Best for
Freelancers, Micro Business
Editor rating
4.3 / 5
Founded
2010
Headquarters
Toronto, Canada

Frequently asked questions

Is QuickBooks Online better than Wave?

Neither is universally better — Wave edges ahead on overall rating, but the best choice depends on price, platforms, and your use case. See the side-by-side table above.

Is QuickBooks Online or Wave cheaper?

Wave is the more affordable of the two to get started, at free – $16/mo. QuickBooks Online starts at from $35/mo; Wave starts at free – $16/mo.

Can QuickBooks Online replace Wave?

Yes for most teams — both are accounting tools with heavily overlapping features. The main trade-offs are pricing and platform support, covered in the comparison above.