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Wave vs Absolute: Which Is Better Accounting Software?


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

Which accounting software is better Wave or Absolute?

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

Wave homepageAbsolute homepage
 

Wave vs Absolute Basics

WaveAbsolute
Software WebsiteWave WebsiteAbsolute Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Businesses and Self-employedBusinesses, Accountants, and Sole practitioners
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, iOSWeb-based and Desktop application
Note data for this section comes from HMRC here and here

Wave vs Absolute Reviews

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

WaveAbsolute
Trustpilot Rating1.6No Rating
Number of Trustpilot Reviews126No Reviews
iPhone App Rating4.5No Rating
Number of iPhone Reviews5700No Reviews
Android App Rating4.7No Rating
Number of Android Reviews23000No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Wave vs Absolute Prices

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

Wave pricingAbsolute pricing

Free Plans & Trials

WaveAbsolute
Free Plan?YesYes
Free Trial?YesYes
Free Trial Length?30 daysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

WaveAbsolute
Cheapest Plan Cost Per Month£0.00£25.00
Mid-Tier Plan Cost Per MonthNA£430.00
Top Plan Cost Per MonthNA£1,200.00
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs Absolute Features

Wave featuresAbsolute features

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

Absolute Basic Features

  • One program – multiple applications
  • Simple “pay as you go” process
  • Spread the cost or go unlimited
  • Demo download

Absolute Software Integrations

Not Listed

Common Feature Comparison

WaveAbsolute
Payroll Software IntegrationYesYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsYesYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoNo

WaveAbsolute
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • Free plan
  • FRS102 and FRS105 compliant
  • Fully XBRL and iXBRL compatible with Companies House and HMRC
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Lack of reviews
  • No app

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