Accounting Software
ERPNext vs Wave
Both are accounting software. The short answer: choose ERPNext if you are growing businesses that want an open-source ERP they can customise; choose Wave if you are very small businesses in the US and Canada on a tight budget.
Some links on this site are affiliate links. If you buy through them we may earn a commission at no extra cost to you. Our rankings are not for sale; sponsored placements are always labelled.
| Best for | Growing businesses that want an open-source ERP they can customise | Very small businesses in the US and Canada on a tight budget |
|---|---|---|
| Free plan | Yes | Yes |
| Pricing | See provider | See provider |
| Built for India | Yes | Global |
| Categories | Accounting Software, Inventory Management Software, ERP Software | Billing & Invoicing Software, Accounting Software |
| Strengths |
|
|
| Watch out for |
|
|
| Visit ERPNext | Visit Wave |
Which should you choose?
ERPNext: Open-source ERP from Frappe covering accounting, inventory, manufacturing, HR and CRM, with Indian GST localisation.
Wave: Free-to-start invoicing and accounting for small businesses, with paid payments and payroll add-ons.
The best way to decide is to run the same week of real work through both — most offer a free plan or trial — and compare how long tasks take, what your team prefers, and the total cost for your number of users including renewal pricing.
Not sure either fits? See all accounting software compared.