Comparison

Odoo Accounting vs Wave

On the evidence we track, Odoo Accounting leads this comparison with a composite score of 80/100. Scores are only directly comparable because these tools share a category; the full breakdown and every source is below.

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Attribute comparison across 2 tools
Attribute80Odoo AccountingLeader78Wave
Vioscale score80 / 100medium · 53%78 / 100low · 40%
Options{"cloud":true,"hybrid":true,"on_prem":true,"self_hosted":true}{"cloud":true}
LongAI-native accounting platform covering invoicing, expenses, reconciliation, tax returns, and real-time reporting. Integrates with 28,000+ banks with 98% AI-powered invoice recognition and 95% automated transaction matching.Wave is free accounting software for small businesses, offering invoicing, expense tracking, receipts management, and optional payroll and hands-on bookkeeping services. Free tier includes unlimited invoicing and basic bookkeeping, with paid Pro tier adding bank feed automation and discounted payment processing.
Capabilities{"inventory":true,"api_access":"full","bank_feeds":"direct","deployment":"hybrid","ar_invoicing":true,"multi_entity":"multi_entity","ap_automation":true,"multi_currency":true,"tax_compliance":"Country-specific reports, electronic invoicing, audit files, fiscal positions wi","double_entry_gl":true,"payments_capture":true,"accountant_collab":true,"project_accounting":true}{"bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"tax_compliance":"Tax-ready bookkeeping and tax season preparation","payments_capture":true,"accountant_collab":true}
Count28,000-
List[{"name":"28,000+ banks"}]-
Availability-{"primaryMarkets":["US","CA"],"availabilityScope":"regional","availableCountries":["US","CA"],"notAvailableCountries":[]}
Support{"web":true}{"web":true}
Pricing{"type":"subscription","plans":[{"free":true,"name":"One App","summary":"Free, unlimited users","features":["Accounting app","Unlimited users"],"components":[{"kind":"fixed","amount":0,"period":"month","currency":"GBP"}],"description":"One app, unlimited users","contactSales":false},{"free":false,"name":"Standard","summary":"GBP 18/user/month (annual discount), GBP 28/user/month regular","features":["All apps","Unlimited support","Hosting","Maintenance","Daily backups","Email integration","24/7 monitoring","Free eLearning access"],"commitment":"annual","components":[{"kind":"per_unit","unit":"seat","amount":18,"period":"month","currency":"GBP"}],"description":"All apps on Odoo Online","contactSales":false},{"free":false,"name":"Custom","summary":"GBP 26.50/user/month (annual discount), GBP 42/user/month regular","features":["All apps","Odoo Studio","Multi-Company","External API","Unlimited support","Hosting","Maintenance","Daily backups","Email integration","24/7 monitoring","Free eLearning access","On-premise or Odoo.sh hosting options"],"commitment":"annual","components":[{"kind":"per_unit","unit":"seat","amount":26.5,"period":"month","currency":"GBP"}],"description":"All apps on Odoo Online, Odoo.sh, or On-premise with advanced features","contactSales":false}],"summary":"Free tier with unlimited users. Paid plans from GBP 18–28/user/month (Standard) or GBP 26.50–42/user/month (Custom). Annual commitment for discount; no hidden costs.","currency":"GBP","freeTier":true,"sourceUrl":"https://www.odoo.com/app/accounting","retrievedAt":"2026-08-03T12:17:07.007Z","startingPrice":{"amount":18,"period":"month","currency":"GBP"},"billingPeriods":["month","year"]}{"type":"free","plans":[{"free":true,"name":"Starter","summary":"Free","features":["Create unlimited estimates, invoices, bills, and bookkeeping records","Option to accept online payments","2.9% + $0.60 per credit card transaction","3.4% + $0.60 per Amex transaction","Invoice on-the-go with mobile app","Manage cash flow and customers in one dashboard"],"description":"Just starting your business or looking for the basics","contactSales":false},{"free":false,"name":"Pro","summary":"$19/month USD or $190/year USD (promo: $9.50/month for first 3 months)","features":["Everything in Starter, plus","Online payments at discounted rate","2.9% + $0 per credit card transaction","3.4% + $0 per Amex transaction","Auto-import bank transactions","Auto-merge and categorize bank transactions","Digitally capture unlimited receipts and track expenses","Automate late payment reminders"],"commitment":"monthly","components":[{"kind":"fixed","amount":19,"period":"month","currency":"USD"}],"description":"Look polished, save time, conquer cash flow","contactSales":false},{"free":false,"name":"Wave Advisors","summary":"Starting at $149/month USD","features":["Includes Pro Plan features","Dedicated bookkeeper","Monthly financial statements prepared","Expert bookkeeping support","Onboarding assistance when switching from other software","Optional one-on-one accounting coach packages"],"commitment":"monthly","components":[{"kind":"fixed","amount":149,"period":"month","currency":"USD"}],"description":"Hands-off bookkeeping and financial guidance with in-house experts","contactSales":true}],"summary":"Free Starter plan with unlimited invoicing. Pro from $19/month USD or $190/year USD. Wave Advisors from $149/month USD.","currency":"USD","freeTier":true,"sourceUrl":"https://www.waveapps.com","retrievedAt":"2026-08-05T14:29:50.329Z","startingPrice":{"amount":19,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}
Free tierYesYes
Modelfreemiumcommercial
Price levelmidfree
Starting gbp1819
TransparentYesYes
Status pageYesYes
Disclosure policyYes-

Capabilities

Feature-by-feature on the axes that matter for accounting software. “-” means undocumented, not absent.

Capability comparison for Accounting Software
CapabilityOdoo AccountingWave
Core
Double-entry GL-
Multi-entityMulti-entity-
Multi-currency-
Bank feedsDirect feedsAggregator
Modules
AP automation-
AR / invoicing
Inventory-
Fixed assets--
Project accounting-
Compliance
Tax complianceCountry-specific reports, electronic invoicing, audit files, fiscal positions wiTax-ready bookkeeping and tax season preparation
Workflow
Accountant collaboration
Payments
Payments capture
Ecosystem
API accessFull-
Deployment
DeploymentHybridCloud

Comparison generated from independently-sourced facts. Every value links to its source and retrieval date. See the method.

Odoo Accounting vs Wave: an evidence-based comparison · Vioscale