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Wave vs OrtoAccounts: Which Is Better Accounting Software?


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

Which accounting software is better Wave or OrtoAccounts?

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

Wave homepageOrtoAccounts homepage
 

Wave vs OrtoAccounts Basics

WaveOrtoAccounts
Software WebsiteWave WebsiteOrtoAccounts Website
HMRC MTD StatusNot IncludedNot Included
Who Can Use It?Businesses and Self-employedBusinesses
HMRC Listed FeaturesNoneIncome and expenditure, record keeping, simplified Payroll, VAT and Annual Accounting
PlatformsWeb-based application, Android, iOSDesktop, tablet, smart phone and cloud
Note data for this section comes from HMRC here and here

Wave vs OrtoAccounts Reviews

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

WaveOrtoAccounts
Trustpilot Rating1.6No Rating
Number of Trustpilot Reviews126No Reviews
iPhone App Rating4.5No Rating
Number of iPhone Reviews5700No Reviews
Android App Rating4.7No Rating
Number of Android Reviews23000No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Wave vs OrtoAccounts Prices

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

Wave pricingOrtoAccounts pricing

Free Plans & Trials

WaveOrtoAccounts
Free Plan?YesNo
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

WaveOrtoAccounts
Cheapest Plan Cost Per Month£0.00Not Listed
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNANA
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs OrtoAccounts Features

Wave featuresOrtoAccounts 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

OrtoAccounts Basic Features

  • Cloud based from PC, tablet or phone
  • Easy to follow online user manual
  • Company data for up to 5 directors, 10 employees, 10 vehicles & 10 company cars
  • All rates, bands, thresholds and allowances generated automatically based on Gov.UK
  • Client database
  • Quotation pro-forma including automatic quote generation and approval
  • Purchase Orders
  • Time sheets
  • Receipt scanning with automatic expense generation
  • Fully categorised expenses
  • Recurring Expenses
  • Automatic annual generation of Home Office Rental Agreement
  • Mileage based on HMRC claim rates and user defined charge out rates
  • Payroll including monthly submission to HMRC
  • Payslip & P60 statements
  • Including pension benefit, company car, car & fuel benefit, health benefit & statutory payments (sick, maternity, paternity, shared parental, adoption, bereavement & furlough).
  • Pension auto-enrolment checker
  • Statutory Reliefs & Advances and Employers NI Allowance
  • Invoicing including GBP/EUR/USD options & customisable automatic dunning emails
  • Invoice pro-forma including customisable expense comments
  • VAT including quarterly submission to HMRC
  • Annual Account generation including annual submission to HMRC
  • Annual Confirmation Statement
  • Summary of current and historic profit & loss accounts
  • Annual Submission of Self Assessment returns
  • Cash position statement
  • Auto-filled Dividend Certificates with multiple shareholders, normal & special share classes
  • Assets including one off and recurring purchases, write downs collated in pools, Cash- First Year- & AIA Allowances, asset sales and capital gains calculations and Cash Loans
  • Inward and outward Stock Control System
  • Importing of Bank Statements & automated reconciliation with manual validation

OrtoAccounts Software Integrations

Not Listed

Common Feature Comparison

WaveOrtoAccounts
Payroll Software IntegrationYesYes
Track VATYesNo
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesYes
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesYes
Employee Time TrackingNoYes
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

WaveOrtoAccounts
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • Free trial
  • Auto-filled Dividend Certificates with multiple shareholders, normal & special share classes
  • Importing of Bank Statements & automated reconciliation with manual validation
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Lack of reviews
  • No app
  • No pricing on website

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Wave vs Odoo Accounting
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Ember vs Bokio

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