---
description: Compare Wave vs Banana Accounting to learn about each of the product's price, benefits and disadvantages. Choose the best software for your business in Australia.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Wave vs Banana Accounting Comparison - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [PEO Software](/directory/32442/peo/software) > [Wave \<span\>vs\</span\> Banana Accounting](https://www.capterra.com.au/compare/178021/181146/wave-apps/vs/banana-accounting)

# Compare Wave vs Banana Accounting

Canonical: https://www.capterra.com.au/compare/178021/181146/wave-apps/vs/banana-accounting

> Detailed comparison between Wave and Banana Accounting. Check ratings, reviews, pricing, and features to make the best decision for your business.

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## At a Glance

| Metric | Wave | Banana Accounting |
| **Overall rating** | 4.4/5 | 4.3/5 |
| **Total Reviews** | 1720 | 11 |
| **Starting Price** | USD 19.00 | EUR 84.00 |
| **Free Trial** | Yes | Yes |
| **Free Version** | Yes | Yes |
| **Deployment** | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile) | Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Windows (On-Premise), Linux (On-Premise), Chromebook (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | Email/Help Desk, FAQs/Forum, Knowledge Base, Chat | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support |
| **Training** | In Person, Live Online, Webinars, Documentation, Videos | Documentation, Videos |

## Best for

### Wave

Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes.

### Banana Accounting

Small businesses, associations, individuals and accounting teaching.

## Key features

### Wave

- Accounting
- Accounts Payable
- Accounts Receivable
- Billing & Invoicing
- Cash Flow Management
- Cash Management
- Chart of Accounts
- Customizable Templates
- Expense Tracking
- Financial Analysis
- Financial Management
- Financial Reporting
- Fixed Asset Management
- Income & Balance Sheet
- Invoice Processing
- Multi-Currency
- Profit/Loss Statement
- Project Accounting
- Receipt Management
- Transaction Management

### Banana Accounting

- Accounting
- Accounts Payable
- Accounts Receivable
- Billing & Invoicing
- Cash Flow Management
- Cash Management
- Chart of Accounts
- Customizable Templates
- Expense Tracking
- Financial Analysis
- Financial Management
- Financial Reporting
- Fixed Asset Management
- Income & Balance Sheet
- Invoice Processing
- Multi-Currency
- Profit/Loss Statement
- Project Accounting
- Receipt Management
- Transaction Management

## Links

- [View Wave Profile](https://www.capterra.com.au/software/178021/wave-apps)
- [View Banana Accounting Profile](https://www.capterra.com.au/software/181146/banana-accounting)
- [View Original Comparison](https://www.capterra.com.au/compare/178021/181146/wave-apps/vs/banana-accounting)

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