Sage 50 vs Wave
Sage 50
sage.com
Wave
waveapps.comSide by side
| Figure | Sage 50 | Wave |
|---|---|---|
| Price from | — | $6/mo |
| Free plan | — | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 11 | 10 |
| Spec score · Bookkeeping Software | 9.3 (#3) | 9.3 (#4) |
| Spec score · Accounting & Finance Software | 8.7 (#8) | 8.6 (#10) |
| Spec score · Bookkeeper Software | 8.7 (#10) | 8.6 (#12) |
| Spec score · Core Financial Management | 8.7 (#11) | 8.6 (#13) |
| Spec score · Salon Accounting Software | 8.7 (#14) | 8.6 (#16) |
| Bank feeds | Yes | Pro supports read-only bank and credit-card connections with automatic transaction import, merging and categorization. |
| Founded | 1981 | 2010 |
| Free plan | No | Yes |
| Headquarters | Newcastle upon Tyne, United Kingdom | Toronto, Ontario, Canada |
| Invoicing | Users can create and send invoices, send invoices in batches, schedule recurring invoices, track payments and add reminders or late fees. | Users can create unlimited professional invoices and estimates, send them online, track status and accept card or bank payments. |
| Rating on Apple App Store | 1.0 out of 5 from 11 ratings | 4.4 out of 5 from 6.7K ratings |
| Rating on G2 | 3.9 out of 5 from 163 reviews | 4.3 out of 5 from 358 reviews |
| Rating on GetApp | 4.0 out of 5 from 624 reviews | 4.4 out of 5 from 1,731 reviews |
| Rating on Trustpilot | 4.0 out of 5 from 20,199 reviews | 3.2 out of 5 from 555 reviews |
| What it does | Sage 50 is accounting software for small and midsized businesses covering invoicing, bills, expenses, payments, payroll-related work and financial reporting. | Wave provides cloud accounting, invoicing, payments, payroll and bookkeeping tools for small businesses, freelancers and contractors. |
Plans
Sage 50
- Pro AccountingPrice not published
- Pro AccountingPriced on request
- Premium AccountingPriced on request
- Premium AccountingPrice not published
- Quantum AccountingPriced on request
- Quantum AccountingPrice not published
- Pro Accounting$132.17 a month
- Premium Accounting$182.50 a month
- Quantum Accounting$271.17 a month
- Pro Accounting with Payroll$1,155 a year
Wave
- StarterFree
- Pro$19 a month
- StarterFree
- Receipts$8 a month
- Pro$19 a month
- Pro Plan$19 a month
- Receipts$72 a year
- Wave Advisors$149 a month
- Pro$190 a year
- Pro Plan$190 a year
In their own words
Wave
Wave's invoicing software helps businesses create and send invoices, receive payments, and manage customer information. Invoice templates can be customized with a logo and brand colors using drag-and-drop editing. It supports recurring invoices and automatic credit card payments for repeat customers. Customers can pay by credit card, bank payment (ACH/EFT), or Apple Pay, and invoice and payment information connects to Wave's accounting feature. The free Starter plan costs nothing and includes unlimited estimates, invoices, bills, and bookkeeping records; online payments have transaction fees. Pro costs $19 a month and adds automatic bank transaction import, transaction merging and categorization, receipt capture, expense tracking, and late-payment reminders. Wave lists integrations including Amazon, eBay, Capsule, and Etsy, with workflows through Make. Connecting or maintaining Partner integrations and Make requires Pro or a Wave Advisors bookkeeping subscription; third-party API connections also require an active Pro or Wave Advisors package. Wave says it is not HIPAA-compliant and does not support healthcare-related businesses.