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Wave vs Odoo Accounting: Which Is Better Accounting Software?


Last Updated:
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Wave or Odoo Accounting?

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

Wave homepageOdoo Accounting homepage
 

Wave vs Odoo Accounting Basics

WaveOdoo Accounting
Software WebsiteWave WebsiteOdoo Accounting Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?Businesses and Self-employedBusinesses and Self-employed
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, iOSWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

Wave vs Odoo Accounting Reviews

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

WaveOdoo Accounting
Trustpilot Rating1.61.6
Number of Trustpilot Reviews126135
iPhone App Rating4.52.4
Number of iPhone Reviews570015
Android App Rating4.72.4
Number of Android Reviews230002860
Please note ratings we’re accurate at the time of writing but may have since changed

Wave vs Odoo Accounting Prices

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

Wave pricingOdoo Accounting pricing

Free Plans & Trials

WaveOdoo Accounting
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

WaveOdoo Accounting
Cheapest Plan Cost Per Month£0.00£0.00
Mid-Tier Plan Cost Per MonthNA£21.61
Top Plan Cost Per MonthNA£32.46
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs Odoo Accounting Features

Wave featuresOdoo Accounting 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

Odoo Accounting Basic Features

  • For one app only
  • unlimited users
  • Odoo Online

Odoo Accounting Software Integrations

  • Stripe
  • Zapier
  • Tipalti
  • Napta
  • Plika
  • TaxCloud

Common Feature Comparison

WaveOdoo Accounting
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 TrackingNoYes
ProjectsNoYes
Bank Feed IntegrationYesYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoYes

WaveOdoo Accounting
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • User Friendly
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Expensive

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