AccountTECH vs Wave Accounting

AccountTECH logo
A real-estate-native brokerage accounting platform with DarwinDeals — designed specifically for commission calculation and trust accounting.
Custom
Wave Accounting logo
Free double-entry accounting for solo agents — the $19/mo Pro tier adds automatic bank imports, branded invoices, and receipt capture.
Free / $19/mo (Pro)

AccountTECH vs Wave Accounting: feature comparison

FeatureAccountTECHWave Accounting
Real Estate-Specific Workflows✓✗
Commission Calculation✓✗
Trust / Escrow Accounting✓✗
1099 & Agent Tax Reporting✓✓
Bank / Credit Card Sync✗✓
Mileage Tracking✗✗
Financial Reporting Dashboard✓✓
CRM / TM Integrations✓✗

AccountTECH — Pros & Cons

Pros

  • Real-estate-native commission and trust accounting
  • Decades of market-specific experience
  • Lighter footprint than Lone Wolf
  • DarwinDeals transaction tie-in

Cons

  • Smaller ecosystem than QBO or Xero
  • UI feels dated
  • Pricing is custom — no public tiers
  • Smaller support team than category leaders

Wave Accounting — Pros & Cons

Pros

  • Starter plan is permanently free with no revenue cap or time limit — unlimited invoices and bookkeeping records at no cost.
  • Pro plan ($19/mo) undercuts QuickBooks Simple Start ($35/mo) and FreshBooks Lite ($22/mo) for comparable core features.
  • Full double-entry bookkeeping with P&L, balance sheet, and sales tax reporting built in on all plans.
  • Data export available at any time on any plan with no lock-in or export fees.

Cons

  • No commission calculation, trust/escrow accounting, or real estate-specific workflows — agents must manually construct RE-specific reports.
  • Automatic bank import requires the $19/mo Pro plan; Starter forces manual transaction entry, which is slow for active agents.
  • Free plan is limited to one user with email-only support and Wave branding printed on all client invoices.
  • No built-in mileage tracking — agents must pair Wave with a separate app like MileIQ or Everlance.