Skip to content

Sage 50 Accounting vs Wave

Verified ratings, feature by feature comparison and real pricing. Everything a North American business needs to pick between these two.

Sage 50 Accounting logo

Sage 50 Accounting

Desktop grade accounting depth with a cloud connection bolted on

3.8(264)
Visit Sage website
Wave logo

Wave

Free accounting and invoicing, paid only when money moves

4.3(143)
Visit Wave Financial website

Some links here are affiliate links, so we may earn a commission at no cost to you. It never affects a rating or a ranking. How this works.

Ratings

Every score, at a glance

Verified user ratings across every dimension. Sage 50 Accounting against Wave, nothing weighted.

Dimensions won

14Sage 50 Accounting 1, Wave 4

Sage 50 Accounting vs Wave, across 5 rating dimensions

Widest rating gap

+1.6

Wave leads on ease of use

Verified reviews

407

264 for Sage 50 Accounting, 143 for Wave

Sage 50 Accounting logoSage 50 Accounting
3.8 out of 5

264 verified reviews

Wave logoWave
4.3 out of 5

143 verified reviews

Ratings by dimension

  • Sage 50 Accounting
  • Wave
Overall
3.8
4.3
Ease of use
2.9
4.5
Value for money
3.4
4.8
Customer service
3.2
3.7
Functionality
4.2
3.8

Share of verified reviews

Which product reviewers actually write about.

407verified reviews
  • Sage 50 Accounting264
  • Wave143

Cost to get started

Cheapest paid plan, shown per month.

Sage 50 Accounting$128.67/mo
WaveFree

At least one of these is quoted rather than published, so compare the ratings above and get a real number from each vendor.

Head to head

Where each one wins

Row by row, with the stronger score highlighted. Straight from verified reviews.

Sage 50 Accounting against Wave, row by row
Sage 50 AccountingWave
Overall rating3.84.3
Reviews264143
Ease of use2.94.5
Value for money3.44.8
Customer service3.23.7
Functionality4.23.8
Starting price$128.67/moFree
Free trialYesNo
Free versionNoYes

Features

Feature by feature, checked off

Everything each product ships, side by side. No marketing gloss.

Features Sage 50 Accounting and Wave each ship
FeatureSage 50 AccountingWave
True double entry general ledger
Automated bank reconciliation
Serialized inventory tracking
Advanced job costing
Multi company consolidation
Audit trails
Role based permissions
Sales tax tracking by jurisdiction
Payroll module available separately
Sage Security Shield fraud protection
Free double entry accounting
Unlimited invoicing
Unlimited estimates
Receipt scanning
Recurring invoices
Online card payments
Canadian payroll with T4 and ROE
US payroll in supported states
Multi business support

Pricing

Both price lists, side by side

Every plan from both vendors, side by side, priced in US dollars.

Sage 50 Accounting plans

Pro Accounting

One user. Essential cloud accounting for a small business.

$128.67/mo

per month

Start free trial
  • 1 user
  • Invoice and bill tracking
  • Purchase orders and approval
  • Automated bank reconciliation
  • Inventory management
  • Job management
  • Minimum one year commitment

Premium Accounting

1 to 5 users. Adds consolidation, advanced budgeting and audit trails.

$182.50/mo

per month

Start free trial
  • Everything in Pro
  • 1 to 5 users
  • Multiple companies
  • Advanced budgeting
  • Serialized inventory tracking
  • Advanced job costing
  • Audit trails

Quantum Accounting

Up to 40 users. Role based permissions and workflow management.

$271.17/mo

per month

Start free trial
  • Everything in Premium
  • 1 to 40 users
  • Role based user permissions
  • Faster processing
  • Order process workflow
  • Workflow management
  • Project management
Straight from the vendor

Get current pricing

These are list prices and vendors adjust them from time to time. Check with Sage for the figure you will actually pay.

Visit Sage

Wave plans

Starter

The accounting and invoicing, at no cost. Not a trial.

Free

no card required

Visit Wave Financial
  • Unlimited invoices and estimates
  • Double entry accounting
  • Unlimited customers
  • Receipt scanning
  • Email support

Pro

Adds bank feeds, reduced card fees and live support.

$16/mo

per month

Visit Wave Financial
  • Everything in Starter
  • Automatic bank feeds
  • Lower card processing rate
  • Auto categorization
  • Live chat support
Straight from the vendor

Get current pricing

These are list prices and vendors adjust them from time to time. Check with Wave Financial for the figure you will actually pay.

Visit Wave Financial