LedgerSMBOpen Source ERP: accounting, invoicing and more
vs
WaveClear books. Confident decisions.
Comparison · Accounting Software · weekly run Nov 2
LedgerSMB vs Wave
Which one do AI engines recommend, and how do they differ on price, fit and features?
The short answer
Wave is the stronger AI pick in Accounting Software: it has a visibility score of 21 versus 0 for LedgerSMB.
Choose LedgerSMB if…
No clear advantage in the published data.
Choose Wave if…
- You want the brand AI engines rank higher (21 vs 0)
- Free accounting and invoicing for micro-businesses
- Well suited to freelancers and very small businesses
- Ongoing free plan rather than a time-limited trial
AI visibility side by side
Latest weekly run · Nov 2
| Metric | LedgerSMB | Wave |
|---|---|---|
| Visibility score | 0% | 21% |
| Change vs last week | New | New |
| Rank in Accounting Software | #42 | #7 |
| Share of voice | 0% | 7.3% |
| Mentions this run | 0 | 30 |
| Positive in AI answers | — | 38% |
The stronger value in each row is marked with a ✓.
Visibility score trend
Weekly runs over the last 60 days
LedgerSMB 0pp · Wave 0pp over 0 weekly runs.
Engine by engine
Wave leads on 3 of 3 engines
ChatGPT
AI Mode
Perplexity
LedgerSMBWave
Head to head in AI answers
0 engine answers name both brands
0LedgerSMB ranked higher
0Wave ranked higher
Features, pricing & fit
| Dimension | LedgerSMB | Wave |
|---|---|---|
| Pricing model | — | Flat tiers |
| Entry price | — | Free; paid from $19 / mo |
| Free plan | — | Yes |
| Deployment | Self-hosted, with data stored in PostgreSQL and a standard web browser as the interface. Runs on local servers or public cloud providers. | Cloud-based web application with a mobile app |
| Support | Community support | Live chat and email support, Monday to Friday 9 AM to 4:45 PM Eastern, Wave Advisors bookkeeping and coaching (paid add-on) |
| Founded | 2006 | 2009 |
| Headquarters | — | Toronto, Ontario, Canada |
| Employees | — | 201–500 |
| Funding | — | Series D |
| Best for | Small and mid-size businesses | Freelancers, solopreneurs, contractors and consultants who run small businesses and want simple books and invoicing without accounting expertise |
Plans side by side
LedgerSMB
Pricing not available.
Wave
Starter$0month
Pro$19month per business (billed monthly); $190/year billed annually
Wave Advisors$149month (starting at)
Pros and cons
Themes from the AI answers that mention each brand
LedgerSMB
Profile in progress.
Wave
- Free accounting and invoicing for micro-businesses
- Well suited to freelancers and very small businesses
- Ongoing free plan rather than a time-limited trial
- Affordable and reliable for small businesses
- Clear public pricing
- Free plan mainly suits a single user, not teams
- Free products offer fewer controls and growth features
Data collected ·ChatGPT, Perplexity, Google AI Mode·coverage 100%·next run
Cite as: SlateIndex, “LedgerSMB vs Wave”, https://slateindex.ai/compare/ledgersmb-vs-wave, data of Nov 2, 2026. Licence: CC BY 4.0.