Which accounting software is better Wave or Monzia?
We compare them based on real user reviews, prices and what features they both offer.
Wave vs Monzia Basics
| Wave | Monzia | |
| Software Website | Wave Website | Monzia Website |
| HMRC MTD Status | Not Included | Not Included |
| Who Can Use It? | Businesses and Self-employed | Businesses and Self-employed |
| HMRC Listed Features | None | Record keeping, simplified expenses and Universal Credits reporting |
| Platforms | Web-based application, Android, iOS | Android, web-based application |
Wave vs Monzia Reviews
Wondering if Wave or Monzia has better user reviews. We compared them below.
| Wave | Monzia | |
| 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 Monzia Prices
Which is cheaper Wave or Monzia? Here are their prices compared.
Free Plans & Trials
| Wave | Monzia | |
| Free Plan? | Yes | Yes |
| Free Trial? | Yes | No |
| Free Trial Length? | 30 days | No |
Paid Plan Prices
| Wave | Monzia | |
| Cheapest Plan Cost Per Month | £0.00 | £4.00 |
| Mid-Tier Plan Cost Per Month | NA | NA |
| Top Plan Cost Per Month | NA | NA |
Wave vs Monzia 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
Monzia Basic Features
- TOTAL INCOME FOR PERIOD
- TOTAL EXPENSE FOR PERIOD
- TOTAL PROFIT / LOSS FOR PERIOD
- TOTAL TAX DUE FOR PERIOD
- CUSTOM DATE RANGE (Weekly, Monthly, Quarterly)
- BUSINESS MILEAGE DETAILS AND CALCULATION
- ACCOUNTS FOR PENSION, TAX AND NI PAYMENTS
- TOTALS BROKEN DOWN BY CATEGORY (ie: Fuel, Postage, Materials etc)
- CIS PAID FOR PERIOD
- FULL BUSINESS RECORDS AS REQUIRED BY HMRC
- ALL CATEGORIES DETAILED WITH EVERY TRANSACTION (Full Audit Trail )
- SORTING AND SEARCH FACILITY ON ALL TRANSACTIONS
- UNLIMITED REPORTS DURING MEMBERSHIP PERIOD
Monzia Software Integrations
Not Listed
Common Feature Comparison
| Wave | Monzia | |
| Payroll Software Integration | Yes | No |
| Track VAT | Yes | Yes |
| VAT Filing | Yes | Yes |
| Real-Time Financial Reports | Yes | Yes |
| Prepare Self Assessment | Yes | No |
| Income Tax Estimates | Yes | Yes |
| Manage Income & Expenses | Yes | Yes |
| Create Invoices | Yes | No |
| Forecast Cash Flow | Yes | Yes |
| Accept and Make Payments In Different Currencies | Yes | No |
| Employee Time Tracking | No | No |
| Projects | No | No |
| Bank Feed Integration | Yes | No |
| End of Year Filings | Yes | Yes |
| Capture Bills And Receipts | Yes | Yes |
| Bulk Reconcile Transactions | Yes | Yes |
| Track Inventory & Stock Levels | No | No |
| Wave | Monzia | |
| Pros |
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