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MYOB Business vs Wave

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Wave

9.0#2 in bookkeeping softwareFrom $72 a year
Free planAndroidiOSWebAPI
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What both publish

FactMYOB BusinessWave
Bank feedsBank feeds connect accounts or cards and automatically import transactions; MYOB says feeds cover more than 140 Australian financial institutions.Pro supports read-only bank and credit-card connections with automatic transaction import, merging and categorization.
Company sizeLinkedIn lists MYOB in the 1,001–5,000 employee company-size range.LinkedIn lists Wave HQ as a privately held software company with 201–500 employees in Toronto.
Documentation and supportMYOB provides a searchable support centre, knowledge articles, community forum, phone or chat support and free self-paced training.Wave offers a developer portal, help center, email support and live-person chat for Pro or qualifying paid features.
Free planNoYes
IntegrationsIndependent software directories list integrations including Shopify, WooCommerce, Salesforce, Mailchimp, Dext, ServiceM8, Tradify and Fathom.Wave Pro lists integrations including Etsy, Driversnote, GoHighLevel, Google Sheets and Make.com.
InvoicingUsers can create and send unlimited professional invoices and quotes with templates and saved costs.Users can create unlimited professional invoices and estimates, send them online, track status and accept card or bank payments.
Praise: ease of useG2 reviewers commonly praise the familiar interface, straightforward setup and centralized financial information.G2 reviewers repeatedly praise Wave as user-friendly, especially for non-accountants.
Rating on Apple App StoreMYOB Assist rated 3.4 out of 5 from 82 ratings4.4 out of 5 from 6.7K ratings
Rating on G23.7 out of 5 from 48 reviews4.3 out of 5 from 358 reviews
Rating on GetApp3.9 out of 5 from 150 reviews4.4 out of 5 from 1,731 reviews
Rating on Trustpilot1.3 out of 5 from 555 reviews3.2 out of 5 from 555 reviews

MYOB Business plans

  • LiteA$315 a year
  • ProA$70 a month
  • AccountRight PlusA$165 a month
  • Payroll OnlyA$15 a month
  • Business ProA$70 a month
  • AccountRight PremierA$210 a month

Wave plans

  • StarterFree
  • Receipts$8 a month
  • Pro$19 a month
  • Pro Plan$19 a month
  • Receipts$72 a year
  • Wave Advisors$149 a month

Pick MYOB Business if…

You want what its maker publishes above — check its page for the details.

Pick Wave if…

Wave suits businesses that need invoicing, payment collection, customer records, and connected bookkeeping. Its Starter plan is aimed at people starting a business or seeking basic features.

Charts they share