As a small business owner, you have a lot on your plate. In addition to the day-to-day operations of your business, you also have to keep track of your finances. This can be a daunting task, especially if you don't have a lot of experience with bookkeeping. Fortunately, there are a number of software programs that can help you manage your finances. Two of the most popular options are Wave and Sage One. In this article, we'll compare Wave and Sage One to help you decide which one is right for your business.

Pricing

Wave and Sage One both offer free plans that are ideal for small businesses. Wave's free plan includes unlimited invoicing, accounting, and receipts, while Sage One's free plan includes up to five invoices, five bills, and five receipts per month. If you need more features, Wave offers a paid plan for $9 per month, while Sage One offers paid plans that start at $10 per month.

Features

Invoicing

Both Wave and Sage One offer basic invoicing features. With Wave, you can create and send invoices, track payments, and set up recurring invoices. Sage One also lets you create and send invoices, but it also offers additional features such as the ability to track inventory and create custom invoice templates. If you need more advanced invoicing features, Wave offers a paid plan that includes estimates, time tracking, and the ability to accept credit card payments. Sage One's paid plans also include these features, plus the ability to create partial invoices and send invoices via text message.

Accounting

Wave and Sage One both offer basic accounting features. With Wave, you can track income and expenses, create financial reports, and connect to your bank account. Sage One also lets you track income and expenses, but it also offers additional features such as the ability to track inventory, create custom financial reports, and connect to your QuickBooks account. If you need more advanced accounting features, Wave offers a paid plan that includes double-entry bookkeeping. Sage One's paid plans also include double-entry bookkeeping, plus the ability to track projects and create budgets.

Receipts

Both Wave and Sage One offer basic receipt tracking features. With Wave, you can take photos of your receipts and add them to your account. Sage One also lets you take photos of your receipts, but it also offers the ability to scan and upload receipts. If you need more advanced receipt tracking features, Wave offers a paid plan that includes the ability to track mileage and expenses. Sage One's paid plans also include the ability to track mileage, but they also include the ability to track projects and create expense reports.

Ease of Use

Wave and Sage One are both designed to be easy to use. Wave has a clean, simple interface that is easy to navigate. Sage One also has a clean, simple interface, but it offers more features and options than Wave. If you need help using either program, Wave offers a knowledge base with articles and tutorials. Sage One also offers a knowledge base, but it also offers live chat and phone support for paid customers.

Bottom Line

Wave and Sage One are both good options for small businesses. Wave is a good choice if you need basic invoicing, accounting, and receipt tracking features. Sage One is a good choice if you need more advanced features, such as the ability to track inventory, create custom reports, and connect to QuickBooks. If you're not sure which program is right for you, we recommend trying both of them out to see which one you prefer.