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Wave vs Hnry

See how Hnry is better for sole traders than Wave’s accounting software

What you get with Hnry

  • Unlimited invoices and expense claims.
  • All your taxes calculated and paid as you go.
  • Hnry becomes your accountant, filing your returns and representing you to the IRD and ACC.
  • Clients can pay by credit card at no extra cost to you.
  • Automatic transaction reconciliation.
You get all of this for just 1% + GST of your self-employed income (capped at $1,500/year).

What you get with Wave

With Wave's plan, you can:
  • Send unlimited invoices.
  • Manage expenses.
  • Clients can pay by credit card with an additional cost to you (2.9% + $0.30 on top of your invoices).
  • Reconcile your own transactions.
You still need…
  • An accountant (averaging $2,000/year).
  • Time for financial admin – reconciling transactions, managing tax payments and filings (averaging 5 hours/week or $5,000/year for an assistant).
All of this combined could cost you over $8,000/year.

Never think about tax again

" With Hnry I have a lot more free time now that I’m not mucking around with trying to understand complicated accounting software. "

Natalie Gallant
Self-employed Physiotherapist

Hnry gives you more

With Hnry you get all your taxes paid and filed (Income Tax, GST and ACC), all your business and home office expenses reviewed by expert accountants, as well as getting great software for invoicing, quoting, and personal financial management.

What You Need Hnry Wave
Taxes calculated and paid automatically Yes No
Tax returns (including GST) filed by accountants Yes No
Manage clients Yes Yes
Raise expenses Yes Yes
Expenses reviewed by accountants Yes No
Send quotes and invoices Yes Yes
Transaction reconciliation Hnry does it for you You do it yourself
Accept credit card payment Included automatically At cost to you
Unlimited support from accountants Yes No
Employee payroll No No
Track your inventory No No

Get peace of mind on your taxes

" It’s great with Hnry. I can ask any question I need to and know that it’s being answered by a qualified accountant. I feel like I’ve pestered them a bit because I was a total noob with tax. "

Brendan O’Reilly
Freelance Graphic Designer