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Wave vs Hnry

Looking for an alternative to Wave? 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.
  • Track expenses.
You still need…
  • An accountant (averaging $2,000/year).
  • A payment system like Stripe (2.9% + $0.30 on top of your invoices).
  • 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.

Deciding between Wave or Hnry?

Hnry has been designed to give sole traders everything they needed. We’re not fancy, overcomplicated software that’s designed to make it easier on your accountant, and we’re not a simple admin management system. None of the fluff, we just get it all done for you — simple.

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 No
Accept credit card payment Included automatically No
Unlimited support from accountants Yes No
Employee payroll No No
Track your inventory No No
It’s always easy to switch to Hnry!

There’s no need to wait for the end of a tax year - we make it simple and seamless to make the switch to Hnry. Whether you’re doing it all yourself, or you’re using a mix of software, spreadsheets and an accountant - we’ll have you up and running with Hnry in minutes.

Stop taking it all on yourself, and have Hnry do it all for you - so you can have peace of mind that your tax payments are always up-to-date.