Thinking of switching? Here's the honest version.
Wave is a genuinely good free product used by millions of small businesses, and if it's working for you there's no reason to move. Here's where we're better, what we do differently, and who should actually switch.
Books that hold up under pressure
Once a transaction is recorded, it can't be quietly edited or deleted — corrections are made the way an accountant would, as a visible reversal. Amounts are exact to the cent, closed months stay closed, and every change is stamped with who made it and when. If your bank, your investor or the tax office ever asks you to prove a number, you can.
Payroll
We don't run payroll ourselves — it's a compliance product that would eat our whole roadmap to do properly. We refer you to a specialist and pull the results into your books as clean journal entries, so your reports stay correct either way.
People who've hit the ceiling
You need a second person in the books with their own login, approval separation before bills are posted, or an audit trail someone else can read. True multi-currency, year-end close and credit notes are published roadmap items, not reasons to switch during the Open Beta.
Moving over
A self-service Wave importer does not exist yet. Choose a clean start date with your accountant and verify opening balances before relying on the new books.
Create a free account →