Accounting Software

Odoo vs Wave

Both are accounting software. The short answer: choose Odoo if you are growing businesses that want one modular ERP; choose Wave if you are very small businesses in the US and Canada on a tight budget.

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Odoo logo OdooWave logo Wave
Best forGrowing businesses that want one modular ERPVery small businesses in the US and Canada on a tight budget
Free planYesYes
PricingSee providerSee provider
Built for IndiaGlobalGlobal
CategoriesAccounting Software, CRM Software, Inventory Management Software, POS Software, ERP SoftwareBilling & Invoicing Software, Accounting Software
Strengths
  • Modular — add apps as you grow
  • Open-source community edition
  • Very broad feature set
  • Free core invoicing and accounting
  • Simple to learn
Watch out for
  • Implementation can be complex
  • Customisation may need a partner
  • Best suited to US/Canada
  • Fewer integrations
Visit OdooVisit Wave

Which should you choose?

Odoo: Open-source modular ERP covering inventory, accounting, CRM, POS, website and more.

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.