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Wave vs Bokio: Which Is Better Accounting Software?


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

Which accounting software is better Wave or Bokio?

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

Wave homepageBokio homepage
 

Wave vs Bokio Basics

WaveBokio
Software WebsiteWave WebsiteBokio Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?Businesses and Self-employedBusinesses, Self-employed, and Accountants
HMRC Listed FeaturesNoneRecord keeping, simplified expenses and raising invoices
PlatformsWeb-based application, Android, iOSWeb-based application
Note data for this section comes from HMRC here and here

Wave vs Bokio Reviews

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

WaveBokio
Trustpilot Rating1.62
Number of Trustpilot Reviews12654
iPhone App Rating4.53.4
Number of iPhone Reviews570016
Android App Rating4.73.5
Number of Android Reviews23000181
Please note ratings we’re accurate at the time of writing but may have since changed

Wave vs Bokio Prices

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

Wave pricingBokio pricing

Free Plans & Trials

WaveBokio
Free Plan?YesYes
Free Trial?YesYes
Free Trial Length?30 days2 months
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

WaveBokio
Cheapest Plan Cost Per Month£0.00£0.00
Mid-Tier Plan Cost Per MonthNA£8.99
Top Plan Cost Per MonthNA£15.99
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs Bokio Features

Wave featuresBokio 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

Bokio Basic Features

  • Manual accounting – Record your expenses and income.
  • Invoicing – Create, send, track and record invoices with your accounting.
  • Community – Get tips and share experiences with Bokio users in our community.

Bokio Software Integrations

  • Stripe
  • Zettle

Common Feature Comparison

WaveBokio
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 TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

WaveBokio
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • Free
  • Cloud-based
  • Easy to set up and use
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Premium help comes at a cost
  • Buggy directors payroll section

More Comparisons

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