Wave vs Auritrack

Wave vs Auritrack: Accounting Software or AI Bookkeeping?

Wave is real accounting software with unlimited invoicing and built-in payments, and its Starter plan is genuinely free. Auritrack is simpler: it tracks and categorizes income and expenses with AI without the accounting machinery. If invoicing and getting paid are central to your work, that is Wave territory. If you mainly need spending and income kept tidy, Wave may be more than you need.

Try Auritrack FreeWave switch guide

Pricing verified:: Jul 2026

Wave vs Auritrack: feature comparison

Feature	Auritrack	Wave
AI chat expense tracking	Yes	No
AI bookkeeping & categorization	Yes	Bank rules and auto-categorization
Automatic bank sync	On the roadmap; statement import today	YesBank connections on the Pro plan
Bank-statement import (PDF/CSV/Excel)	YesPDF, CSV or Excel, read by AI	YesCSV upload
Budgeting	Yes	NoReports, not category budgets
Savings goals	Yes	No
Invoicing	Small-business records and reports	YesUnlimited invoices, its core feature
Receipt scanning	Yes	Mobile receipt scanning as a paid add-on
All currencies with live conversion	YesLive exchange rates	Multi-currency invoicing
Data export (PDF/CSV)	YesPDF and CSV anytime	YesCSV and accounting reports
Telegram tracking	Yes@auritrack_bot	No
Investment tracking	No	No
Shared / household accounts	Yes	NoBusiness, not household
Sells your data to advertisers	No	No
Price	Free tier + AI from $3/mo	Free plan + Pro ~$16/mo

Which one is right for you?

Choose Wave if…

You send invoices and want built-in card and bank payments
You want double-entry accounting and accounting reports
You need add-on payroll for a small team
Free invoicing on the Starter plan covers your needs

Choose Auritrack if…

You want income and expenses tracked without accounting software
You would rather chat or import a statement than run books
You want AI categorizing spending, not manual bookkeeping
You want budgets and goals alongside your business tracking

Switch from Wave

Set up your business tracking in Auritrack

Copy this prompt, create a free account, and paste it into the Auritrack AI chat. It sets up categories for a small business so you can track income and spending without running accounting software.

1
Copy the prompt
Grab the ready-made setup prompt below.
2
Create a free account
Sign up on the web app or mobile.
3
Paste into AI chat
Auritrack sets up your budget from it.

Create free account

The verdict

Pick Wave if invoicing, payments and accounting reports are core to your business and you want them for little or nothing. Pick Auritrack if you mainly need your income and expenses tracked, categorized and ready for tax time, prefer AI over bookkeeping, and want budgets and goals in the same place. Start free and add AI when you need it.

Where Wave still wins

real double-entry accounting and invoicing
built-in card and bank payments
add-on payroll

Get started with Auritrack

Frequently Asked Questions

Both have a free tier, but they cover different things. Wave is free for invoicing and basic accounting, and you pay per payment and for payroll. Auritrack is free for manual tracking, budgets and storage, with AI features from $3/month or pay-as-you-go Auricoins that never expire.

Only in a limited way. Unlimited invoicing and built-in payments are a real Wave strength. Auritrack focuses on tracking and categorizing income and expenses rather than full invoicing and billing.

It depends on what you do most. If you invoice clients and take payments, Wave fits better. If you mainly need spending and income tracked and tidy with less setup, Auritrack is simpler and adds budgets, goals and receipt scanning.

Yes. Export your Wave transactions as a CSV and import them into Auritrack, and the AI reads and categorizes them. You can export from Auritrack anytime, so nothing is locked in.

Looking to move off Wave specifically? Read the Wave alternative guide, which covers migration and what to expect after switching.

FreshBooks alternative

Invoicing-first cloud accounting for freelancers and service businesses, with time tracking and payments.

From ~$21/mo

QuickBooks alternative

Intuit’s full double-entry accounting suite for small businesses, with invoicing and payroll add-ons.

From $35/mo

Zoho Books alternative

Cloud accounting inside the Zoho suite, with a free tier for very small businesses and paid tiers above it.

Free tier + from ~$15/mo

Compare and switch

Ready to try Auritrack instead of Wave?

Auritrack does the bookkeeping for you — chat your spending or import a statement, in any currency. Start on the free tier and add the AI features when you want them.

Get Started with Auritrack

Comparisons reflect our understanding of each product at the time of writing and may change; check each provider’s site for current pricing and features. Product names and trademarks belong to their respective owners. This page is general information, not financial advice.