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MYOB vs Wave

An independent, side-by-side comparison of two Accounting Software providers — scores, pricing, company-size fit, and strengths — to help you pick the right one.

MYOB vs Wave at a glance

Editorial sub-scores are RankedVendors estimates.

MYOBWave
Overall score79/10089/100
TierStandardElite
Capability (editorial)8191
Ease of use (editorial)7488
Value (editorial)7887
Best forSmall business, Mid-market, EnterpriseSmall business, Mid-market, Enterprise
Pricing modelQuote-basedQuote-based
Headquarters
Founded

Verdict

Wave is the higher-ranked of the two on RankedVendors (89/100 vs 79/100), but both are credible Accounting Software options. MYOB fits small business, mid-market, enterprise; Wave fits small business, mid-market, enterprise. Match the shortlist to your size and must-have features, and trial before committing.

Where each one stands out

MYOB

MYOB manages invoicing, expenses, and financial reporting.

Best for: Small business, Mid-market, Enterprise

Read MYOB review

Wave

Wave manages invoicing, expenses, and financial reporting.

Best for: Small business, Mid-market, Enterprise

Read Wave review

MYOB vs Wave — FAQ

Is MYOB better than Wave?

On RankedVendors, Wave scores 89/100 versus MYOB's 79/100, so Wave ranks higher overall in Accounting Software. The right choice still depends on your size, budget, and must-have features — see the breakdown above.

What is the difference between MYOB and Wave?

MYOB manages invoicing, expenses, and financial reporting. Wave manages invoicing, expenses, and financial reporting. Both compete in Accounting Software; compare their strengths and best-fit company sizes above.

Which is better value, MYOB or Wave?

Our editorial value scores put MYOB at 78/100 and Wave at 87/100. MYOB is Quote-based; Wave is Quote-based. Request quotes from both to compare against your scale.