#1 FREE Accounting Software
For Your Business.
ProfitBooks helps you to stay on top of business finances without any accounting knowledge.
Profitbooks vs Wave Accounting Software
Moving to an online invoicing solution is the best decision that you can make to ease your tasks. There is a lot of software that aids different tasks with accounting solutions. One such popular software is ‘Wave’. It has been popular in the accounting software world because of its features and free pricing structure. But that doesn’t mean that Wave is the right choice for you as there are much other software proving out to be better than Wave.
When it comes to providing a seamless, flawless, and all-in-one invoicing solution, Profitbooks is the name that comes front. It has got it all; from strong accounting features to inventory management.
Before you get confused about what’s the best accounting software option for you, here’s us comparing all the features and facilities that ‘Wave’ and ‘Profitbooks’ offer so that you decide what’s best for your requirements.
Product Overview
About ProfitBooks
ProfitBook is the most popular accounting software that is designed for business owners.
ProfitBooks includes tools to create beautiful invoices, record expenses, track inventory, and process payroll.
With ProfitBooks, business owners can manage employees, customers, vendors and stay on top of their income & expenses with ease.
With it’s super simple interface and affordable pricing, ProfitBooks has earned the trust of 75,000 business owners across the world.
About Wave
Wave, just like Profitbooks is free to use as well. But the features it offers with the free plan are very limited and only can be beneficial for small businesses. These basic and limited features aren’t that helpful for professional users.
ProfitBooks Is The Best Alternative To Wave Accounting Software
Though Wave’s newly redesigned UI is structured and easy to use, the only downside is that there’s no back button. Except that, there aren’t any big complaints from the interface.
But the user interface of Profitbooks outshines Wave’s. The UI of Profitbooks intends to deliver super simplicity for its all kind of users. The organized and systematized UI is designed so as to keep almost zero confusion and complexion while offering user-friendly experience.
““After evaluating almost 10 different software, we finally bought ProfitBooks and it turned out to be the best decision for our business.””
– Mark Somers, Jackster Corp.
Issues with Wave
Though Wave provides a lot of features for free and is popular among the start-ups, there are some issues with the software. These are few recurring issues that users face with the software, some of which were addressed and solved by Wave in their latest updates. Here are some issues that were faced by many in the past or are still faced by the users.
❌ Slow Servers & Downtime
Though Wave is trying to fix these over its latest updates, some users still complain about the software’s loading speed.
❌ Poor Mobile Apps
Wave is known for a lot of bugs in their apps. There are multiple Wave apps and not one centralized app with all features. This brings a lot of complaints from its users.
❌ Limited Features
Wave apps don’t have full proofed features and lack better bank transaction, mileage tracking, etc.
❌ Lack of Integrations
Several users nag about a lack of third-party integrations.
❌ Expense Tracking Errors
A lot of users had complained about the duplicate transactions, and multiple users report having to often reconnect to their bank accounts.
Unique features of Profitbooks
Powerful Invoicing 💵
With ProfitBooks accounting software, you can create professional estimates or invoices and track outstanding payments due with few clicks.
- Create beautiful invoices
- Receive online payments using a payment gateway
- Record advance payments
- Track accounts receivables with sales reports
Powerful Invoicing 💵
Apart from them, these are some unique features that makes the software one of its kind.
- Quick setup. Get started without any training!
- Create unlimited invoices with pre-made invoice templates
- Create estimates or quotation and convert those to invoice
- Create Sales Orders
- Support for multiple currencies
- Create multiple warehouses
- Integrate payment gateways like Instamojo or Cashfree
- Financial reporting with Balance Sheet & Profit and Loss statement
Powerful Invoicing 💵
With ProfitBooks accounting software, you can create professional estimates or invoices and track outstanding payments due with few clicks.
- Create beautiful invoices
- Receive online payments using a payment gateway
- Record advance payments
- Track accounts receivables with sales reports
Powerful Invoicing 💵
Apart from them, these are some unique features that makes the software one of its kind.
- Quick setup. Get started without any training!
- Create unlimited invoices with pre-made invoice templates
- Create estimates or quotation and convert those to invoice
- Create Sales Orders
- Support for multiple currencies
- Create multiple warehouses
- Integrate payment gateways like Instamojo or Cashfree
- Financial reporting with Balance Sheet & Profit and Loss statement
Run Your Business With Total Confidence
From financial accounting to tax compliance, ProfitBooks makes everything easy for your business.
ProfitBooks is the best bookkeeping solution for your business. Apart from recording income & expense, you can record journal entries and manage taxes.
- Generate detailed tax reports
- Colloborate with your accountant online
- Record manual journals
- Track business expenses
Your Success Is Our Success!
We understand that we can succeed only when each of our customers is happy and successful.
Once you signup, you’ll get access to:
- In-app chat support available in 3 languages, 5 days a week.
- A complete Support Center with lots of How-To guides.
- A YouTube channel with demos and small tutorials.
- A business blog filled with articles that help you grow your business.
Accounting on the go
You can now manage your finances from wherever you are through the ProfitBooks app for iOS and Android.
Get 100% FREE Accounting Software Today
- Create Unlimited Invoices
- Create Unlimed Products
- Manage Unlimited Customers & Vendors
- Track Inventory Flow
- 45+ Financial Reports & much more..
Comparison between Wave and Profitbooks
| Features | Wave | Profitbooks |
|---|---|---|
| Free Plan For Startups |  |
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| Payment Gateway |  |
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| Affordable Pricing | |
|
| Live Chat Support | |
|
| Sales Focused Roles | |
|
| Intuitive Interface | |
|
| Inventory Management | |
|
| Integrated Accounting | |
|
| Unlimited Users | |
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| Multi-Currency Support | |
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| 45+ Reports | |
|
See all the features of ProfitBooks Accounting Software
- Quick setup. Get started without any training!
- Create unlimited invoices with pre-made invoice templates
- Create estimates or quotation and convert those to invoice
- Create Sales Orders
- Support for multiple currencies
- Create multiple warehouses
- Integrate payment gateways like Instamojo or Cashfree
- Financial reporting with Balance Sheet & Profit and Loss statement
Frequently Asked Questions
Is ProfitBooks actually a free software?
Yes totally, no hidden conditions! ProfitBooks is a 100% free accounting software, no trials, no limitations, and no hidden fees. Use it as much as you want, for as long as you want, and we won’t charge a penny.
Are there any limitations?
ProfitBooks is free for one user. There are no restrictions on features. You may upgrade to unlimited users after logging in to your account.
How can I download accounting software?
ProfitBooks is an online accounting software. There is nothing to download or install. Just register with your email ID and start using the system.
