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Open Accounting 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

FactOpen AccountingWave
AccountingThe platform provides a double-entry accounting system with customizable accounts and reports.Wave uses double-entry accounting and provides income, expense, cash-flow, profit-and-loss and balance-sheet reporting.
APIThe REST API provides access to and creation of users, organizations, transactions, accounts, and prices.Wave provides an API with application creation, endpoint documentation, query and mutation examples, a playground and webhooks.
Free planYesYes
Headquarters6834 S University Blvd, Centennial, CO 80122, United StatesToronto, Ontario, Canada
IntegrationsThe privacy policy mentions Google accounts and identifies Stripe as a payment, analytics, and other business service provider.Wave Pro lists integrations including Etsy, Driversnote, GoHighLevel, Google Sheets and Make.com.
Paid from0.9919
SecurityThe privacy policy says the company uses reasonable efforts to protect user information but does not guarantee complete security of data transmission, hosting, or storage.Wave states that it uses up to 256-bit TLS encryption, protected hosting facilities and tokenized payment data handling.

Open Accounting plans

  • Personal Plus$0.99 a month
  • Business$4.99 a month
  • PersonalFree
  • EnterprisePriced on request

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 Open Accounting 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