FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
$15
per month
Wave Accounting
Score 6.5 out of 10
N/A
Wave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.
We evaluated a few different solutions before landing on Freshbooks. Part of the reason we decided on FB were the integrations offered with PayPal (which we were already using) and with other apps through Zapier. It connects to our legacy Google sheets, and to the time tracker …
For the pricing arrangement, the ease of use and the user-friendliness of the app, Wave crushes QuickBooks Online and Zoho Books. FreshBooks was a little bit closer as the two are more of an apples-to-apples comparison, but FreshBooks doesn't offer a non-paid option and they …
I trialled FreshBooks a while back but they pack too much into the system for what it is. Wave has a super simple UI and dashboard and doesn't feel overly complicated to navigate yet offers all the features everyone is looking for. Being able to customize the system to brand …
Verified User
Administrator
Chose Wave Accounting
The best feature about wave is that they let you use it for free for basic accounting and pay per use payments. But based on my horrible experience with how they cancelled my payments feature, I would never use them again!
Basically, we selected Wave because it was a free accounting system. We have not tried another accounting system that is so much better than Wave Accounting that we should leave Wave Accounting. Every time, we find another online accounting system we do a review of the system …
Wave's biggest selling point is by far it's price, because their base product for free. Most people sign-up because of that advantage. But here are my opinions of Wave Vs these three other programs I've worked in.
Wave has advanced from its early days by adding features that put it on a parallel with the bigger software packages such as QuickBooks and Xero. It doesn't have time tracking like FreshBooks does but it brings a lot more to the table in terms of financial reporting.
Accounting by Wave has a similar target market to FreshBooks, however Accounting by Wave is a full GL solution whereas FreshBooks provides cash flow and receivables tracking. I would definitely recommend Accounting by Wave over FreshBooks for that reason. Also FreshBooks isn't …
Verified User
Partner
Chose Wave Accounting
I've used Freshbooks and Freshbooks is just a glorified invoicing tool and not a true accounting system.
It is hard to compare Wave to many of the QuickBooks products because QuickBooks desktop products have a different feature set and client focus. Clients already using QuickBooks likely would not switch to Wave. Wave is designed as an entry-level accounting software for recent …