Wave vs. QuickBooks: Which should you choose?

There's not a clear winner here. It really comes down to choosing an option that meets your needs at a price point you're comfortable with. If you're a (really) small business or a freelancer needing bookkeeping, Wave will likely have everything you need for free. And as long as you don't have any plans of rapidly expanding, you can't beat that. But if you're a medium to large business or even a small business that's growing quickly, QuickBooks will have the features you need to scale. Yeah, you'll pay quite a bit more, but it'll likely be worth it to help you scale efficiently. Learn more

Does Wave connect to QuickBooks?

Wave doesn't natively integrate with QuickBooks. However, you can use Zapier to connect Wave to QuickBooks. You can automate workflows between the two platforms to create and send a QuickBooks invoice for every new Wave invoice and more—no code required. Learn more

Can you migrate from Wave to QuickBooks?

Yes, you can migrate from Wave to QuickBooks. You can export most of your Wave data by downloading it as a CSV or Excel sheet and then uploading it to QuickBooks with the 'Import Data' functionality.

What percentage does Wave invoicing take?

Wave charges a fee of 2.9% + $0.60 for credit card transactions (3.4% + $0.60 for AMEX transactions) and 1% for each bank transaction + a $1 minimum fee for every invoice payment it processes. On the other hand, QuickBooks charges fees based on how you process a transaction. It charges 1% with a max of $10 for ACH bank transfers, 2.4% + $0.25 for swiping a credit card, 2.9% + $0.25 for online invoices, and 3.4% + $0.25 for keying in a credit card. Learn more

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Wave vs. QuickBooks: Which is best?

By Luke Strauss · July 21, 2024

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Luke Strauss

Based in sunny San Diego, Luke is a digital marketer with 3+ years of experience developing and executing content strategy for eCommerce startups and SaaS enterprises alike—Airtable, Zoom, and yes, Zapier—to name a few. When he isn’t diving into a keyword research rabbit hole, you can find him at a music festival, thrifting, or spending time with his friends and family.

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