Find Support
Practice Architect
Browse
Search
Tools
/
Compare
Wave Accounting vs Gusto
Overview
Overview
Pricing
Pricing
Compliance & Security
Compliance
Features
Features
Integrations
Integrations
Support & Fit
Support
Show:
All
Differences
Similarities
Detail:
Essential
Detailed
Attribute
analytics-reporting
Wave Accounting
Wave Financial (H&R Block)
analytics-reporting
Gusto
Wave Accounting
Gusto
Key Differences
at a glance
Wave Accounting:
Offers a free tier
Gusto:
More integrations (1)
Overview
Tool Name
Wave Accounting
Gusto
Tool Name
Wave Accounting
Wave Accounting
Gusto
Gusto
What It Is
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
Modern payroll and HR platform for small businesses. Full-service payroll, benefits, and compliance from $40/month + $6/person.
What It Is
Wave Accounting
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
Gusto
Modern payroll and HR platform for small businesses. Full-service payroll, benefits, and compliance from $40/month + $6/person.
Primary Category
analytics-reporting
analytics-reporting
Primary Category
Wave Accounting
analytics-reporting
Gusto
analytics-reporting
Founded
Unknown
Unknown
Founded
Wave Accounting
Unknown
Gusto
Unknown
Best For
Solo therapists wanting free bookkeeping; Budget-conscious practices; Simple accounting needs
Group practices with W-2 employees; Practices offering health benefits to staff; Practices needing automated tax filing
Best For
Wave Accounting
Solo therapists wanting free bookkeeping; Budget-conscious practices; Simple accounting needs
Gusto
Group practices with W-2 employees; Practices offering health benefits to staff; Practices needing automated tax filing
Pricing
Starting Price
Free
$40/month + $6/person
Starting Price
Wave Accounting
Free
Gusto
$40/month + $6/person
Pricing Model
freemium
Flat monthly
Pricing Model
Wave Accounting
freemium
Gusto
Flat monthly
Free Trial
Free tier available
No free trial
Free Trial
Wave Accounting
Free tier available
Gusto
No free trial
Pricing Details
Core accounting is 100% free. Paid add-ons optional.
Contractor-only plan available at $35/month + $6/contractor for practices using only 1099 contractors.
Pricing Details
Wave Accounting
Core accounting is 100% free. Paid add-ons optional.
Gusto
Contractor-only plan available at $35/month + $6/contractor for practices using only 1099 contractors.
Compliance & Security
HIPAA Compliant
No
No
HIPAA Compliant
Wave Accounting
No
Gusto
No
BAA Available
No
No
BAA Available
Wave Accounting
No
Gusto
No
SOC 2 Certified
Unknown
Yes
SOC 2 Certified
Wave Accounting
Unknown
Gusto
Yes
HITRUST Certified
Unknown
Unknown
HITRUST Certified
Wave Accounting
Unknown
Gusto
Unknown
Features
Mobile App
Yes
Yes
Mobile App
Wave Accounting
Yes
Gusto
Yes
Mental Health Specific
No
No
Mental Health Specific
Wave Accounting
No
Gusto
No
Integrations
Total Integrations
None listed
1 integrations
Total Integrations
Wave Accounting
None listed
Gusto
1 integrations
Support & Fit
Practice Sizes
Solo, Small (2-10)
Small (2-10), Medium (11-50), Large (51-200)
Practice Sizes
Wave Accounting
Solo, Small (2-10)
Gusto
Small (2-10), Medium (11-50), Large (51-200)
Customer Base
Unknown
Unknown
Customer Base
Wave Accounting
Unknown
Gusto
Unknown
Ready to Get Started?
Visit these tools to learn more or request a personalized demo.
Try Wave Accounting
Try Gusto
Clear comparison
Browse all tools
Wave Accounting
Gusto
Add tool
Clear
