Side by side.
| Feature | KiwiBooks | Wave |
|---|---|---|
| Price | Free plan, or $15/mo with everything included and no per-transaction fees | Free tier (with transaction fees) / $19+/mo Pro |
| Tax-Ready (Schedule C) | Every transaction mapped to IRS forms year-round | No IRS line item mapping |
| Mileage Tracking | Built-in IRS-rate mileage tracking | Not included (add-on via Wave Pro) |
| Multi-Entity | Up to 9 businesses included at $15/mo | Separate account per business |
| Receipt Capture | OCR auto-extraction + AI transaction matching | Available |
| Invoicing | Professional invoicing with your payment details | Available (with transaction fees) |
Price
- KiwiBooks
- Free plan, or $15/mo with everything included and no per-transaction fees
- Wave
- Free tier (with transaction fees) / $19+/mo Pro
Tax-Ready (Schedule C)
- KiwiBooks
- Every transaction mapped to IRS forms year-round
- Wave
- No IRS line item mapping
Mileage Tracking
- KiwiBooks
- Built-in IRS-rate mileage tracking
- Wave
- Not included (add-on via Wave Pro)
Multi-Entity
- KiwiBooks
- Up to 9 businesses included at $15/mo
- Wave
- Separate account per business
Receipt Capture
- KiwiBooks
- OCR auto-extraction + AI transaction matching
- Wave
- Available
Invoicing
- KiwiBooks
- Professional invoicing with your payment details
- Wave
- Available (with transaction fees)
Prices as of 2026. Free tiers can carry revenue or feature limits.
Why sole proprietors choose KiwiBooks.
Wave is free and so is KiwiBooks. The difference shows up at tax time, when Wave users pay a CPA $500 to $1,500 to sort out categories that were never mapped to a tax form.
Zero AI means Wave users manually categorize every transaction, spending 10+ hours per month on data entry.
Wave's mobile app is invoicing-focused, not bookkeeping-focused. Full business tracking requires the desktop.
The $15/month KiwiBooks subscription easily pays for itself in CPA time saved at year-end.