Which accounting software is better Wave or AccountEdge?
We compare them based on real user reviews, prices and what features they both offer.
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Wave vs AccountEdge Basics
| Wave | AccountEdge | |
| Software Website | Wave Website | AccountEdge Website |
| HMRC MTD Status | Not Included | Not Included |
| Who Can Use It? | Businesses and Self-employed | Businesses |
| HMRC Listed Features | None | Record keeping, banking and cashbook, income and expenses, invoicing, VAT, payroll and more |
| Platforms | Web-based application, Android, iOS | MAC |
Wave vs AccountEdge Reviews
Wondering if Wave or AccountEdge has better user reviews. We compared them below.
| Wave | AccountEdge | |
| Trustpilot Rating | 1.6 | No Rating |
| Number of Trustpilot Reviews | 126 | No Reviews |
| iPhone App Rating | 4.5 | No Rating |
| Number of iPhone Reviews | 5700 | No Reviews |
| Android App Rating | 4.7 | No Rating |
| Number of Android Reviews | 23000 | No Reviews |
Wave vs AccountEdge Prices
Which is cheaper Wave or AccountEdge? Here are their prices compared.
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Free Plans & Trials
| Wave | AccountEdge | |
| Free Plan? | Yes | No |
| Free Trial? | Yes | No |
| Free Trial Length? | 30 days | No |
Paid Plan Prices
| Wave | AccountEdge | |
| Cheapest Plan Cost Per Month | £0.00 | £25.00 |
| Mid-Tier Plan Cost Per Month | NA | NA |
| Top Plan Cost Per Month | NA | £36.25 |
Wave vs AccountEdge Features
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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
AccountEdge Basic Features
- Record cash and bank transactions for income and expenses
- Record adjustments for flat rate and personal expenses
- Produce standard and cash basis P&L and balance sheet reports
- Supports non-VAT registered and VAT registered businesses
- Standard, cash basis, flat rate, and flat rate cash VAT reporting
- HMRC Making Tax Digital for VAT compliance
- Unlimited company files included
- HMRC RTI compliant payroll with unlimited employees. *Requires Payroll subscription
AccountEdge Software Integrations
- Zapier
- Microsoft
- TimeSolv Legal Billing
Common Feature Comparison
| Wave | AccountEdge | |
| Payroll Software Integration | Yes | Yes |
| Track VAT | Yes | No |
| VAT Filing | Yes | Yes |
| Real-Time Financial Reports | Yes | No |
| Prepare Self Assessment | Yes | No |
| Income Tax Estimates | Yes | No |
| Manage Income & Expenses | Yes | Yes |
| Create Invoices | Yes | Yes |
| Forecast Cash Flow | Yes | Yes |
| Accept and Make Payments In Different Currencies | Yes | Yes |
| Employee Time Tracking | No | Yes |
| Projects | No | Yes |
| Bank Feed Integration | Yes | Yes |
| End of Year Filings | Yes | No |
| Capture Bills And Receipts | Yes | Yes |
| Bulk Reconcile Transactions | Yes | Yes |
| Track Inventory & Stock Levels | No | Yes |
| Wave | AccountEdge | |
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