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Wave vs PaTMa: Which Is Better Accounting Software?


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

Which accounting software is better Wave or PaTMa?

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

Wave homepagePaTMa homepage
 

Wave vs PaTMa Basics

WavePaTMa
Software WebsiteWave WebsitePaTMa Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Businesses and Self-employedLandlords, agents and property managers
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, iOSWeb-based application and iOS
Note data for this section comes from HMRC here and here

Wave vs PaTMa Reviews

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

WavePaTMa
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 PaTMa Prices

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

Wave pricingPaTMa pricing

Free Plans & Trials

WavePaTMa
Free Plan?YesYes
Free Trial?YesYes
Free Trial Length?30 days14 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

WavePaTMa
Cheapest Plan Cost Per Month£0.00£0.00
Mid-Tier Plan Cost Per MonthNANA
Top Plan Cost Per MonthNA£3.00
Data taken from each company’s website at the time of writing but may have since changed.

Wave vs PaTMa Features

Wave featuresPaTMa 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

PaTMa Basic Features

  • Single unit
  • Rent and expense tracking
  • Inventory builder
  • Certificate reminders
  • Tax return figures
  • Compliance checklists
  • 14-day trial of Pro

PaTMa Software Integrations

  • Xero

Common Feature Comparison

WavePaTMa
Payroll Software IntegrationYesNo
Track VATYesNo
VAT FilingYesNo
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoYes

WavePaTMa
Pros
  • User Friendly
  • Meets Business Needs
  • Pricing
  • User Interface
  • One Stop Shop
  • Free plan
  • Accounting with Open Banking and MTD
  • Built-in compliance checks
Cons
  • Customer Service
  • Expensive
  • Not User Friendly
  • Takes Time
  • Learning Curve
  • Lack of reviews

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