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Accounter vs Wave.

An honest side-by-side for South African businesses.

Accounter compared with Wave
FeatureAccounterWave
Pricing
Monthly priceR300/monthFree Starter; Pro US$19/month
Tax
SA tax complianceYesNot listed on Wave pricing page
PayrollYesPaid add-on; check availability in your country
Core
InvoicingYesYes
Bank reconciliationYesAutomatic bank import on Pro
Features
InventoryYesNot listed on Wave pricing page
Fixed assetsYesNot listed on Wave pricing page
Purchase ordersYesNot listed on Wave pricing page
Support
SA supportYesNot listed on Wave pricing page

Competitor details come from their public pages and can change. Check their current pricing before you decide.

Switching from Wave?

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Why South African businesses choose Accounter

  • Full-featured accounting vs basic bookkeeping
  • VAT workflows and SA payroll in the same product
  • Bank reconciliation with bank rules
  • Inventory, assets, and payroll included

About Wave

Wave offers free accounting and invoicing software. Revenue comes from payment processing and paid add-ons such as payroll.

Strengths

  • Free Starter plan
  • Simple to use
  • Good invoicing
  • Quick to start

Weaknesses for South Africa

  • Priced in US dollars
  • Inventory and purchase orders are not listed on Wave's pricing page
  • Payments carry card-processing fees

Common questions

Is free accounting software worth it?
For very basic bookkeeping, it can be. Wave's Starter plan is free, with card-processing fees on online payments. If you need SA VAT workflows, payroll, inventory and local support in one product, Accounter is built for that at R300/month.
Can I use Wave in South Africa?
Wave lists no South African VAT, PAYE or VAT201 features on its pricing page, and it prices in US dollars. Check with Wave that it meets your SARS requirements. Accounter includes SA VAT workflows, PAYE, UIF and SDL.