LedgerSMB vs Wave
No clear leader: LedgerSMB (66.5) and Wave (63.2) are within the 5-point margin; treat as a tie. The attribute-by-attribute breakdown below, with a source and date on every value, is the honest way to compare them.
Capabilities
Feature-by-feature on the axes that matter for accounting software. “-” means undocumented, not absent.
What each one is
The product in its own terms, so the numbers below have context.
LedgerSMB
Free, open-source web-based double-entry accounting and ERP system. Features invoicing, inventory management, project tracking, and customizable PDF/HTML output.
Wave
A unified platform combining bookkeeping, invoicing, payment processing, and reporting in one dashboard. Helps small business owners track income and expenses, manage cash flow, and maintain organized financial records year-round.
Pricing
List pricing as published by each vendor, with the date we read it. Always verify at the source before you buy.
Wave
Free Starter plan with unlimited invoicing and bookkeeping. Pro from $16/month includes bank automation. Wave Advisors from $149/month for managed bookkeeping. Payment processing fees: 2.9% + $0.60 per Visa/Mastercard transaction.
- StarterFree
- Unlimited invoices, estimates, bills
- Unlimited bookkeeping records
- Mobile app access
- Dashboard and reports
- Payment processing available
- Pro$16/month billed monthly, or $190/year billed annually
- Everything in Starter
- Auto-import bank transactions via Plaid
- Auto-merge and auto-categorize transactions
- Unlimited receipt capture and tracking
- Add multiple users/collaborators
- +1 more
- Wave Advisors$149/month or $199/month depending on tier
- Everything in Pro
- Dedicated bookkeeper management
- Monthly financial statements
- Expert bookkeeping support
- Transition assistance from other software
- +1 more
Platform & deployment
Where each product runs and how it can be hosted. A dash means undocumented, not unsupported.
Integrations
What each product connects to. Counts come from the vendor's own integration directory where one exists.
LedgerSMB
Not documented yet.
Wave
- Plaid
- Zapier
- Shopify
- Square
- ADP
- RBC
- Block Advisors
- Apple Pay
Comparison generated from independently-sourced facts. Every value links to its source and retrieval date. See the method.