Switching from Wave
Thinking of leaving Wave?
Wave is a popular low-cost choice, and its free Starter plan is hard to beat if you only need the basics. Both let you import bank files or connect your bank. Apsis includes bank feeds, payment reminders, a team, and a free seat for your accountant in one price, so it may fit better if you bill other businesses. Here's a fair comparison.
An honest comparison
| Apsis | Wave | |
|---|---|---|
| Monthly price | $19 (1 company, 3 users, 1 bank connection) | Starter $0 · Pro $19 per business (intro promotions vary) |
| Bank transactions | Plaid feeds, or add an account by hand and import CSV, OFX or QFX files | Starter: upload a CSV or enter transactions by hand. Pro: automatic feeds through Plaid |
| More than one business | +$10/mo per company, bank connection included | One account can hold several businesses; each business on Pro is billed separately |
| Users | 3 included, +$5/mo each after that | Pro: add admin, editor, or viewer users. Starter: free access for a payroll manager or a Block Advisors tax pro |
| Accountant access | Free accountant seat (one per company) | Add your accountant as a user on Pro |
| Categorization | AI suggestions you approve or change | Auto-merge and categorize bank transactions (Pro) |
| Invoices | Branded, with terms, PO numbers and reminders, sent through Apsis or your own Gmail | Yes |
| Online card payments | Yes: 0.5% card capped at $10; ACH free | Yes, per-transaction fees apply |
| Payroll | Not offered. Use a payroll service and record it in your books | Add-on: $40/mo + $6 per employee + $6 per contractor paid (US) |
| Free option | 30-day free trial, no free plan | Starter plan is free |
Where Wave may be the better fit
If you want a free plan and you're happy to upload bank files or enter transactions yourself, Wave Starter costs nothing, and Apsis can't beat free. If you need built-in payroll, Wave offers it and Apsis doesn't. Apsis is for owners who want bank feeds or file imports, categories they approve, invoices with terms, reminders and online pay, and room for a team and an accountant at one price.
How moving to Apsis works
- Start your free trial. 30 days, everything included.
- Bring in your books. On Settings → Bring in your books, pick a switch-over date, then upload CSVs for opening balances, customers and vendors, and unpaid invoices and bills. (Not a one-click pull from Wave — you export files from there first.)
- Connect a bank, or import a file. Link through Plaid for a live feed, or add an account by hand and import CSV, OFX or QFX statements. Apsis suggests categories you review.
- Invite your accountant with a free accountant seat to check the opening balances.
We'll help you move. Prefer a walkthrough? Email support@apsisaccounting.com and we'll help you through Bring in your books.
Before you cancel Wave
- Export your profit and loss and balance sheet for each past year.
- Export your general ledger, customer list, and open invoices.
- Download anything your accountant may need for past tax years.
Books that keep themselves current
Apsis connects to your bank, suggests categories you review, and sends invoices with your terms and automatic reminders. $19/month after a 30-day free trial.
Start free — 30 days →