Pocket Accountant
Pocket Accountant vs Wave
A useful comparison starts with your workflow. Here is where Wave may fit, and what Pocket Accountant includes for freelancers and small business owners.
Where Wave may fit
Wave offers bookkeeping and invoicing with Starter and Pro plans. Its official plan page also describes optional online payments and payroll services. That may suit owners who want to consider those services alongside their books.
- Compare its free and paid bookkeeping features
- Review online-payment and payroll terms separately
Where Pocket Accountant may fit
Choose Starter at $0 for manual bookkeeping, customer invoices, vendor bills and mileage records. Pro adds connected bank review, reconciliation, reports, budgets, receipt and bill scan autofill, and Pocket Assistant guidance.
- Starter is a free plan, not a time-limited Pro trial
- Website Pro: $20 billed monthly or $198 billed yearly ($16.50/month equivalent)
- Review suggestions before they change your books; usage limits and plan permissions still apply
Compare the work, not just the headline price
Check Wave’s current plans on its official site, including any introductory period, payment-processing fees and extra services. Pocket Accountant prices here are website prices in USD; app-store prices and taxes may differ.
- List the invoices, bank connections and reports you need
- Check payroll, inventory or accountant collaboration requirements separately
- Test your everyday workflow before you replace an existing system
Plan a careful starting point
Keep copies of your existing records. Choose a starting date and check opening balances with your accountant. Pocket Accountant does not offer a full-history migration from these products.
- Try a small set of records in Starter first
- Check totals against your existing books
- Avoid entering or importing the same activity twice
Check the details before you decide
Product information reviewed October 18, 2026. Features and pricing can change.
Does Pocket Accountant automatically transfer my existing books?
No. Pocket Accountant does not currently offer a complete transfer of historical books from QuickBooks, Wave or FreshBooks. Keep your original exports and agree on a starting point with your accountant.
What can I try without a paid subscription?
Starter includes manual records, invoices, bills and manual mileage. Pro-only tools such as bank feeds, reports, scan autofill and Pocket Assistant require Pro.
Is Pocket Accountant a payroll service or a replacement for my accountant?
No. Pocket Accountant is not a payroll provider or a CPA firm. Use it to organize records and review your business figures; seek professional advice for your own circumstances.