Wave vs Akaunting

Two accounting tools side by side. Prices are the starting plan a small business would pick, in USD.

Compare	WaveH&R Block	AkauntingAkaunting
In one line	Free double-entry accounting and invoicing	Open-source accounting you can host yourself or rent from $8
Starting price	Free	From $8/mo
Six-person team	$0/mo	$8/mo
Plans	Free (bank transactions entered by hand); Pro $19/mo or $190/yr adds automatic bank imports and receipt capture; cards 2.9% + 60¢	Self-hosted free; Cloud Standard $8/mo (1 user + 1 accountant, 1,000 invoices); Premium $24/mo; Elite $56/mo; Ultimate $145/mo, billed yearly (monthly $12/$36/$84/$218)
Pricing model	Free tier	Free tier
Free trial	—	—
Users	1 on free plan	1 + accountant on Standard
Both connect to	No shared connections on record.
Also connects to	Helcim, Shoeboxed, Wave Payroll, Wise Business15+ listed by the vendor	Square POS, Shopify, Stripe Invoicing, WooCommerce, PayPal Invoicing, Loyverse
Team size	Just me · 2–10 people	Just me · 2–10 people
Available in	US · CA	US · UK · CA · AU
Phone support	None listed	None listed
Live chat	Plans not stated	None listed
Support hours	Live chat: Monday to Friday from 9 AM to 5 PM Eastern, Monday to Friday from 9 AM to 4:45 PM Eastern	Not published
Incidents posted	5 incidents posted on H&R Block's status page, which covers all H&R Block products and regions, in the 90 days to Oct 27, 2026; 1 marked major or critical by H&R Block. Status page	We found no public status page for Akaunting.
Capterra score	4.4 / 5 from 1,731 reviews	3.8 / 5 from 28 reviews
Trustpilot score	3.1 / 5 from 558 reviews	1.5 / 5 from 57 reviews
Fit: Retail shop	71	50
Fit: Restaurant or café	60	40
Fit: Service business	85	72
Fit: Agency or studio	70	65
Fit: Trades or contractor	75	60
Fit: Online store	55	45
Why people pick it	Free core product Simple invoicing	Open source and self-hostable Cheap cloud plans
Where it falls short	No inventory or job costing Bank connections now behind Pro	Few bank feeds in the US Most features are paid add-on apps
	Visit Wave ↗	Visit Akaunting ↗

Six-person prices are what a team of six would pay on the published plans; "Not listed" means those plans don't cover six. How we calculate prices