switchpoint

Accounting · 2026

QuickBooks·vs·Wave

Two solid choices in accounting. Here's how they stack up on pricing, fit, and trade-offs — so you can decide in a minute.

Reviewed by Switchpoint Editors ·

Take on QuickBooks

The price hikes have outpaced the feature gains for three years running. If you have an accountant, the switching conversation starts with them — most won't move. If you're choosing fresh, Xero is straightforwardly better software. QuickBooks only wins when 'my accountant uses it' is non-negotiable.

Contender A

QuickBooks

Dominant SMB accounting software in North America.

Best for

US-based SMBs whose accountants already use it.

Pricing

From $30/mo Simple Start.

Pros

  • Ubiquitous with US accountants
  • Mature payroll add-on

Trade-offs

  • Aggressive price hikes
  • Clunky UI

Contender B

Wave

Free accounting for very small businesses.

Best for

Freelancers and microbusinesses.

Pricing

Free accounting. Paid Pro from $16/mo.

Pros

  • Free core features
  • Easy to start

Trade-offs

  • Limited reporting

The matrix

Side-by-side

Best for

QuickBooks

US-based SMBs whose accountants already use it.

Wave

Freelancers and microbusinesses.

Pricing

QuickBooks

From $30/mo Simple Start.

Wave

Free accounting. Paid Pro from $16/mo.

Top strength

QuickBooks

Ubiquitous with US accountants

Wave

Free core features

Biggest trade-off

QuickBooks

Aggressive price hikes

Wave

Limited reporting

The verdict

Which should you pick?

If…Pick QuickBooks

US-based SMBs whose accountants already use it.

If…Pick Wave

Freelancers and microbusinesses.

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