Bonsai vs. Wave Accounting Comparison


Bonsai	Wave Accounting Wave Financial	+	+
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We ensure swift time-to-market with simplified integration and dedicated support. 2️⃣ Wallester Business: Corporate Expense Management Wallester Business modernises corporate expense management with instant access to virtual and physical Visa cards. Through our app and portal, companies can track expenses, analyse budgets, and integrate seamlessly with accounting systems for better financial control. 277 Ratings Visit Website ContractSafe ContractSafe is AI-enabled contract management software built for teams that need control without complexity. Store, search, and manage all your contracts in a secure, cloud-based repository hosted on AWS, with SOC 2 Type II, HIPAA, ISO 27001, and GDPR compliance included. Find any contract or clause in seconds using Google-like full-text search with OCR support for scanned documents. The AI assistant automatically extracts key metadata, categorizes contracts by type, and answers plain-language questions about contract content, with no configuration required. Every plan includes unlimited users, automated renewal and key-date alerts, and a dedicated Customer Success Manager. Higher-tier plans add approval workflows, redlining, built-in e-signature, and Salesforce integration. Implementation takes hours, not months. No professional services fees, no IT project required. Free trial available, no credit card needed. 326 Ratings Visit Website DoorLoop DoorLoop is property management software built for speed and the smart choice for people who take growth seriously. This is property management software that actually keeps up with you. It’s surprisingly simple–a perfect blend of everything you need and nothing you don’t–and modern software that is constantly improving. With DoorLoop, you’ll get real support, real fast from people who care and respond in minutes. 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About What if you could run your entire business in one place? Bonsai is the only business management tool that combines CRM, invoicing, accounting & banking. No more "Managing my projects, contracts, and invoices is a time-consuming hassle." Generate custom contracts by picking from 1000+ templates in Bonsai’s library, and get paid faster by creating professional invoices in seconds with global payments and automatic reminders. No more "Tracking my expenses stresses me out." Track your income and automatically categorize your expenses to maximize write-offs. Say goodbye to spreadsheets & tax stress and hello to a bigger tax return. No more "Managing my clients’ expectations is hard." Use Bonsai's simple CRM to manage your clients and projects, and keep track of what matters. Turn new leads into clients, and clients into recurring business. Grow your business in no time while Bonsai takes care of the rest.	About Powerful, free accounting software. Wave’s easy-to-use accounting software can connect your bank accounts, sync your expenses, balance your books, and get you ready for tax time. Start taking control of your finances today. We designed Wave for small business owners. No jargon, just easy software that makes sense. After creating your account, everything's set up so you can get started right away. Access it anywhere, any time. Your data is always available, and it’s backed up for extra peace of mind. Connect your bank accounts in seconds. The transactions will appear in your bookkeeping automatically, and you can say goodbye to manual receipt entry. Have an eye on the big picture so you can make better business decisions. Our robust reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. When everything is neatly where it belongs, tax time is simple.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience All-in-one business management & financial solution for small businesses & self-employed professionals	Audience Small business owners, entrepreneurs, and freelancers that need a powerful but free or low-cost accounting system
Support Phone Support Supported 24/7 Live Support Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing $17 per month Free Version Not Supported Free Trial Supported	Pricing $35 per month Free Plan, Pay-per-use Plan, and Monthly plan all offered. Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software	Reviews/Ratings Overall 3.3 / 5 ease 3.7 / 5 features 3.7 / 5 design 4.1 / 5 support 3.1 / 5 Read all reviews
	Pros & Cons from Real Users Pros Ease, look, my older business accounts are still free, even though my newest one I have to pay for, imports from bank back to 365 days! I honestly can't say anything else good about Wave. It is free easy to use. It takes a lot to set it up but the invoicing and ease of payment for clients is great. This is probably the best self-employed, low budget accounting solution available on the market because you can't beat the price (FREE). We could manage the accounting for our small business until we couldn't. The software worked until it didn't. What I love about Wave is that the accounting and reports, sending invoices, receipt scanning and email support all included for FREE. You cant beat that! Cons Disconnects from bank too often, updates crash account, and recently last update messed up all my accounts so badly that I am now forced to look for a different company bcuz Wave blames it on my bank and won't assist me. Customer Service is horrible and all of it is online, chat which makes it virtually impossible to get anything done - why can't a company get access to my computer to assist, or just have free phone technical support? With this last update, they added Tags and Perks. All my bank accounts disconnected in all three of my business accounts (not my credit card accounts thought). When I reconnected, one: none of my bank accounts are showing the last 3-4 digits so I have no idea which ones to connect now to which business w/out much, much effort, two: when I did import the bank accounts Wave is now combining all transactions between both bank accounts and not in the correct one, and not showing the correct balance in all of them, three: I deleted the bank accounts and reconnected over and over and over and over again, different ways without success to the point I decided to delete the incorrect transactions in the different accounts, only now, when I deleted those transactions, then deleted the bank account to reconnect in hopes with would work, now ALL these deleted transactions won't even transport now - EVEN THOUGH Wave is still showing the correct balances! Fourth: Now with a company bank connection, Wave is asking for a Company ID number - what the heck is this, where can I find it, and if you don't have a Company ID number Wave does not allow the connection! This year this software has disappointed me it has lost bank connections and then tripled the transactions I am not happy and am looking for something that works better. The financial statements are not very professional looking. It does not always remember the proper place to put things and so you really have to be careful reviewing process has to be intense. I am not sure that I will continue to use it after the mess this year still working on fixing the messes. If you have more than one person as admin it screws it up so bad. The reports are not nuanced. You won't get a P&L detail or a P&L by month across multiple months...the rules are not very dynamic. Zero respect for the criticality of a businesses accounting systems and data Well if you have to pick something to dislike about a FREE software I guess I'd have to say I dislike that Wave seemed so new and they are constantly updating and I'm always losing where things are kept. I have a terrible memory!
Training Documentation Supported Webinars Not Supported Live Online Supported In Person Not Supported	Training Documentation Supported Webinars Supported Live Online Supported In Person Supported
Company Information Bonsai Founded: 2016 United States www.hellobonsai.com/	Company Information Wave Financial Founded: 2009 Canada www.waveapps.com/accounting
Alternatives Belvak	Alternatives Xero
Bloom	FreshBooks
Clearmargin	QuickBooks Online Intuit
FreshBooks	Sage Intacct
AccountEdge Priority Software US View All	AccountEdge Priority Software US View All
Categories Accounting Supported AI Contract Generators Supported Billing and Invoicing Supported Bookkeeping Supported Business Bank Accounts Supported Business Management Supported Contract Management Supported CRM Supported Expense Report Supported Forms Automation Supported Law Firm Accounting Supported Legal Time Tracking Supported Project Accounting Supported Proposal Management Supported Real Estate Accounting Supported Task Management Supported Tax Planning Supported Tax Preparation Supported Time Tracking Supported Workflow Management Supported	Categories Accounting Supported Accounts Receivable Supported Billing and Invoicing Supported Bookkeeping Supported Expense Report Supported General Ledger Supported Law Firm Accounting Supported Medical Accounting Supported Real Estate Accounting Supported Receipt Scanner Supported Recurring Billing Supported Restaurant Accounting Supported
Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Supported Nonprofits Not Supported Payroll Management Not Supported Project Accounting Supported Purchase Orders Not Supported Tax Management Supported Billing and Invoicing Features Billing Portal Supported Contact Database Not Supported Contingency Billing Not Supported Customer Portal Supported Customizable Invoices Supported Dunning Management Not Supported Hourly Billing Supported Invoice History Supported Mobile Payments Supported Multi-Currency Supported Online Invoicing Supported Online Payments Supported Payment Processing Supported Project Billing Supported Recurring/Subscription Billing Supported Service Ticket Billing Not Supported Tax Calculator Supported Bookkeeping Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported Collections Not Supported Expense Tracking Supported Fixed Asset Management Not Supported General Ledger Not Supported Payroll Not Supported Revenue Recognition Supported Spend Management Supported Tax Management Supported Expense Report Features Approval Process Control Not Supported Invoice Management Supported Multi-Currency Supported Receipt Management Supported Reimbursement Management Not Supported Spend Control Not Supported Time Tracking Supported Workflow Management Supported Real Estate Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Commission Management Not Supported Contract Management Supported General Ledger Not Supported Mobile Access Not Supported Payroll Not Supported Property Development Management Not Supported Reporting / Analytics Supported Work Order Management Not Supported Show More Features Business Bank Accounts Features Bank Wires Not Supported Bill Pay Not Supported Billing & Invoicing Supported Business Credit Cards Supported Checking Account Supported Checks Not Supported Expense Management Supported Instant Payouts Not Supported No Fee Payments Supported Rewards Not Supported Savings Account Not Supported Spend Management Supported Business Management Features Billing & Invoicing Supported CRM Supported Employee Management Not Supported Financial Management Supported Inventory Management Not Supported Marketing Management Not Supported Order Management Not Supported Point of Sale (POS) Not Supported Project Management Supported Purchasing Not Supported Scheduling Supported Time & Expense Tracking Supported Training Management Not Supported Vendor Management Not Supported CRM Features Calendar/Reminder System Supported Call Logging Not Supported Document Storage Not Supported Email Marketing Not Supported Internal Chat Integration Not Supported Lead Scoring Not Supported Marketing Automation Integration Not Supported Mobile Access Not Supported Quotes / Proposals Supported Segmentation Not Supported Social Media Integration Not Supported Task Management Supported Territory Management Not Supported Contract Management Features Buy Side (Suppliers) Not Supported Completion Tracking Not Supported Compliance Tracking Not Supported Contract Lifecycle Management Supported Electronic Signature Supported Full Text Search Not Supported Government Contracts Not Supported Pre-built Templates Supported Sell Side (Customers) Not Supported Specialty Contracts Not Supported Version Control Not Supported Workflow Management Supported Forms Automation Features Approval Process Control Not Supported Archiving & Retention Not Supported Collaboration Supported Document Indexing Not Supported Drag & Drop Supported Full Text Search Not Supported Remote Document Access Supported Rules-Based Workflow Supported Text Editing Supported Version Control Not Supported Proposal Management Features Automatic Formatting Supported Calendar Management Not Supported Collaboration Supported Contact Management Supported Content Repository Not Supported Document Management Supported Electronic Signature Supported Knowledge Library Not Supported Pipeline Management Not Supported Requirements Management Not Supported Revision Management Not Supported RFP Management Not Supported Task Management Supported Templates Supported Version Control Not Supported Task Management Features Collaboration Supported Create Subtasks Not Supported Gamification Not Supported Gantt Charts Supported Mobile Access Not Supported Percent-Complete Tracking Not Supported Progress Tracking Supported Recurring Tasks Supported Reporting/Analytics Not Supported Spreadsheet View Not Supported Task Board View Not Supported Task Planning Supported Task Scheduling Supported Task Tracking Supported Time Tracking Supported To-Do List View Not Supported Tax Planning Features Detailed Savings Calculations Supported Export Branded Proposal Supported Export Branded Tax Plan Supported Multi-Entity Planning Not Supported Multi-Year Planning Not Supported Proposed Legislation Planning Not Supported State & Local Planning Supported Strategy & Scenario Comparison Not Supported Tax Return Diagnostics Supported Tax Return Scanning Not Supported Time Tracking Features Automatic Time Capture Supported Billable & Non-Billable Hours Supported Billing & Invoicing Supported Employee Database Not Supported Expense Tracking Supported Mobile Time Tracking Supported Multiple Billing Rates Supported Offline Time Tracking Not Supported Online Time Tracking Supported Overtime Calculation Supported Time per Project Reporting Supported Timesheet Management Supported Vacation / Leave Tracking Not Supported Workflow Management Features Access Controls/Permissions Not Supported Approval Process Control Not Supported Business Process Automation Supported Calendar Management Not Supported Compliance Tracking Not Supported Configurable Workflow Not Supported Customizable Dashboard Not Supported Document Management Supported Forms Management Supported Graphical Workflow Editor Not Supported Mobile Access Not Supported No-Code Supported Task Management Supported Third Party Integrations Not Supported Workflow Configuration Supported	Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Supported Fund Accounting Supported General Ledger Supported Government Supported Multi-Currency Supported Nonprofits Supported Payroll Management Supported Project Accounting Supported Purchase Orders Supported Tax Management Supported Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Not Supported Customer Portal Not Supported Customizable Invoices Supported Dunning Management Not Supported Hourly Billing Not Supported Invoice History Supported Mobile Payments Not Supported Multi-Currency Supported Online Invoicing Supported Online Payments Supported Payment Processing Not Supported Project Billing Supported Recurring/Subscription Billing Not Supported Service Ticket Billing Not Supported Tax Calculator Not Supported Bookkeeping Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported Collections Not Supported Expense Tracking Supported Fixed Asset Management Not Supported General Ledger Supported Payroll Supported Revenue Recognition Not Supported Spend Management Not Supported Tax Management Not Supported Real Estate Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Commission Management Not Supported Contract Management Not Supported General Ledger Supported Mobile Access Supported Payroll Supported Property Development Management Not Supported Reporting / Analytics Supported Work Order Management Not Supported Show More Features Accounts Receivable Features ACH Payment Processing Not Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Not Supported Online Payment Processing Not Supported Overpayment Processing Not Supported Partial Payments Not Supported Receivables Ledger Not Supported Recurring Billing Not Supported
Integrations Gmail Supported Google Drive Supported HubSpot CRM Supported HubSpot Customer Platform Supported Zapier Supported ADP Celergo Not Supported AI Agent Builder Supported CartonCloud Not Supported Easyflow Not Supported Fulcrum Not Supported Google Calendar Supported Integration Labs Not Supported Make Not Supported Microsoft Outlook Not Supported MinuteDock Not Supported North One Not Supported Oliver POS Not Supported PayPal Not Supported Slack Supported Xero Supported Show More Integrations View All 16 Integrations	Integrations Gmail Supported Google Drive Supported HubSpot CRM Supported HubSpot Customer Platform Supported Zapier Supported ADP Celergo Supported AI Agent Builder Not Supported CartonCloud Supported Easyflow Supported Fulcrum Supported Google Calendar Not Supported Integration Labs Supported Make Supported Microsoft Outlook Supported MinuteDock Supported North One Supported Oliver POS Supported PayPal Supported Slack Not Supported Xero Not Supported Show More Integrations View All 68 Integrations
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