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.

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ERPNext logo ERPNextWave logo Wave
Best forGrowing businesses that want an open-source ERP they can customiseVery small businesses in the US and Canada on a tight budget
Free planYesYes
PricingSee providerSee provider
Built for IndiaYesGlobal
CategoriesAccounting Software, Inventory Management Software, ERP SoftwareBilling & Invoicing Software, Accounting Software
Strengths
  • Free open-source edition
  • Indian GST support
  • Highly customisable
  • Free core invoicing and accounting
  • Simple to learn
Watch out for
  • Implementation needs expertise
  • Hosted plans are paid
  • Best suited to US/Canada
  • Fewer integrations
Visit ERPNextVisit 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.