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Fresh Books vs Wave: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Fresh Books or Wave?

We compare them based on real user reviews, prices and what features they both offer.

Fresh Books homepageWave homepage
 

Fresh Books vs Wave Basics

Fresh BooksWave
Software WebsiteFresh Books WebsiteWave Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?Businesses, Accountants, and Self-employedBusinesses and Self-employed
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, and iOSWeb-based application, Android, iOS
Note data for this section comes from HMRC here and here

Fresh Books vs Wave Reviews

Wondering if Fresh Books or Wave has better user reviews. We compared them below.

Fresh BooksWave
Trustpilot Rating3.61.6
Number of Trustpilot Reviews772126
iPhone App Rating4.74.5
Number of iPhone Reviews6785700
Android App Rating4.24.7
Number of Android Reviews538023000
Please note ratings we’re accurate at the time of writing but may have since changed

Fresh Books vs Wave Prices

Which is cheaper Fresh Books or Wave? Here are their prices compared.

Fresh Books pricingWave pricing

Free Plans & Trials

Fresh BooksWave
Free Plan?NoYes
Free Trial?YesYes
Free Trial Length?30 Days30 days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

Fresh BooksWave
Cheapest Plan Cost Per Month£2.40£0.00
Mid-Tier Plan Cost Per Month£4.40NA
Top Plan Cost Per Month£7.00NA
Data taken from each company’s website at the time of writing but may have since changed.

Fresh Books vs Wave Features

Fresh Books featuresWave features

Fresh Books Basic Features

  • Send unlimited invoices to up to 5 clients
  • Track unlimited expenses
  • Send unlimited estimates
  • Get paid with credit cards and Direct Debit (transactions capped at £4)
  • Track sales tax & see reports
  • Access anywhere on iOS and Android
  • VAT return filing for HMRC Making Tax Digital

Fresh Books Software Integrations

  • Square
  • Stripe
  • Gusto
  • SurePayroll
  • Payescape
  • GoSimpleTax
  • BrightPay

Wave Basic Features

  • Get unlimited income and expense tracking.
  • Add unlimited partners, collaborators, or accountants.
  • Know if you should charge clients more just by glancing at your dashboard.
  • Make unlimited bank and credit card connections.
  • Access helpful reports like Overdue Invoices & Bills and Profit & Loss.

Wave Software Integrations

  • Zapier

Common Feature Comparison

Fresh BooksWave
Payroll Software IntegrationYesYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesYes
Employee Time TrackingYesNo
ProjectsYesNo
Bank Feed IntegrationYesYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsYesNo

Fresh BooksWave
Pros
  • User Friendly
  • Organization
  • Saves Time
  • User Interface
  • Customer Service
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
Cons
  • Technical Issues
  • Expensive
  • Room for Improvement
  • Not User Friendly
  • Card Issues
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve

More Comparisons

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Fresh Books vs Kashoo
Fresh Books vs Crunch
Fresh Books vs Bokio
Fresh Books vs Pandle

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