QuickBooks Online vs Wave

Side-by-side comparison of QuickBooks Online and Wave to help you choose the right tool.

Feature	QuickBooks Online	Wave
Pricing	freemium	free
Rating	⭐ 4.3/5	⭐ 4.1/5
Categories	bookkeeping, invoicing, reporting	bookkeeping, invoicing
Bank reconciliation	✅	❌
Invoicing & payments	✅	❌
Expense tracking	✅	❌
Mileage tracking	✅	❌
Tax deduction categorization	✅	❌
Payroll add-on	✅	✅
1099 contractor management	✅	❌
Multi-currency support	✅	❌
Project profitability tracking	✅	❌
400+ app integrations	✅	❌
Double-entry accounting	❌	✅
Invoicing	❌	✅
Receipt scanning	❌	✅
Bank connections	❌	✅
Financial reporting	❌	✅
Sales tax tracking	❌	✅
Multi-business support	❌	✅
Payment processing	❌	✅
Journal entries	❌	✅

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