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Wave vs Dext Prepare: Which Is Better Accounting Software?


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

Which accounting software is better Wave or Dext Prepare?

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

Wave homepageDext Prepare homepage
 

Wave vs Dext Prepare Basics

WaveDext Prepare
Software WebsiteWave WebsiteDext Prepare Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Businesses and Self-employedBusinesses and Accountants
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, iOSWeb-based application, Android, iOS
Note data for this section comes from HMRC here and here

Wave vs Dext Prepare Reviews

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

WaveDext Prepare
Trustpilot Rating1.64
Number of Trustpilot Reviews1261184
iPhone App Rating4.54.7
Number of iPhone Reviews57009900
Android App Rating4.74.6
Number of Android Reviews230002600
Please note ratings we’re accurate at the time of writing but may have since changed

Wave vs Dext Prepare Prices

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

Wave pricingDext Prepare pricing

Free Plans & Trials

WaveDext Prepare
Free Plan?YesNo
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

WaveDext Prepare
Cheapest Plan Cost Per Month£0.00£165.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNA£175.00
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs Dext Prepare Features

Wave featuresDext Prepare 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

Dext Prepare Basic Features

  • Simplify document collection
  • Optimise document processing
  • Pre-accounting automation tools
  • Comprehensive solution for you and your clients
  • Dext Solo: Accounting for Sole Traders and Landlords

Dext Prepare Software Integrations

  • Xero
  • QuickBooks
  • Sage
  • FreeAgent
  • IRIS
  • KashFlow

Common Feature Comparison

WaveDext Prepare
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
ProjectsNoYes
Bank Feed IntegrationYesYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

WaveDext Prepare
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • User Friendly
  • Integrations
  • Saves Time
  • Easy to Upload
  • Management
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Slow
  • Customer Service
  • Expense Report Issues
  • Expensive
  • Not User Friendly

More Comparisons

Wave vs Earnr
Wave vs Federation of Small Businesses MTD
Wave vs Hammock
Wave vs IRIS Elements
Wave vs Kletta

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