The Wave alternative that keeps your bank feeds connected
Wave’s free Starter plan doesn’t import bank transactions automatically; that and admin, editor and viewer users come with Pro at $19 a month. Every fiscal50 plan includes a live bank feed through Plaid and AI that books each transaction.
Prices checked 11 November 2026 on Wave’s pricing page.
Updated
At a glance
Wave vs fiscal50 at a glance
US list prices, without introductory offers. Where we haven’t checked a fact, the cell links to Wave’s own pricing page.
| Wave | fiscal50 | |
|---|---|---|
| Starting price | Starter $0; Pro $19 a month or $190 a year | Starter $5.50, Business $19.50, Business Pro $30.50 a month; Starter’s first month free |
| What the entry plan limits | Starter: no automatic bank import; receipt scanning is an add-on | Starter: 1 user, 1 bank or card feed |
| Bank feeds on the entry plan | Not on Starter; Pro auto-imports bank transactions | Yes, through Plaid: Starter 1, Business up to 5, Business Pro up to 10 More |
| Auto-reconciliation | See Wave pricing | Business and Business Pro More |
| Users and accountant access | Starter: payroll manager and tax pro roles; admin, editor and viewer users need Pro | Starter 1 user, Business up to 3 users, Business Pro up to 10 users; every plan includes a bookkeeper login |
| AI that explains each entry | See Wave pricing | Every plan: each recommendation shows its reason, confidence and evidence More |
| Workspace for bookkeepers | See Wave pricing | The Bookkeeper Workspace, free to start, runs every client from one login More |
| 1099 tracking | See Wave pricing | Business and Business Pro: tracking, Copy B and e-file CSV exports More |
| QuickBooks and file import | See Wave pricing | Configuration Agent imports a QuickBooks Online or Desktop chart of accounts and trial balance; Excel or CSV transaction import on every plan More |
Why people switch
Why people switch from Wave
No automatic bank import on Starter
On Wave’s Starter plan, bank transactions aren’t imported automatically. Auto-import comes with Pro at $19 a month.
Team roles need Pro
Starter allows a payroll manager and a tax pro. Adding an admin, editor or viewer needs Pro.
Free accounts moved to Starter
On 1 June 2026 Wave moved its free legacy accounts onto Starter, and those accounts lost their bank connections.
What you get
What you get in fiscal50
Complete double-entry books with AI that recommends every entry and explains why. Which plan includes what is on the pricing page.
Banks to Books
Every bank and card transaction arrives with a recommended entry, a reason, a confidence percentage and the evidence. You post it or change it first.
Banks to BooksAuto-reconciliation
Each period’s ending balance is predicted from your books and checked against the bank before the account is reconciled.
Bank reconciliationInvoices and online payments
Invoices from templates with sales tax, recurring schedules and a Pay Invoice Now button; card and US bank payments through Stripe on Business and up.
InvoicingBills, receipts and 1099s
Record and pay vendor bills, upload or e-mail receipts, and track vendors for 1099-NEC.
Bills and expensesReports and month-end close
Balance sheet, income statement, cash flow and trial balance on cash or accrual, then a checked close that locks the month.
Financial reportsFifty, your AI accountant
Instant Answers on every screen from the fiscal50 guides, with AI Assist questions included in every plan.
Meet FiftyMoving over
How to move from Wave
fiscal50’s Configuration Agent reads QuickBooks exports only, so coming from Wave you set up your opening balances and lists yourself. It takes five steps.
Export from Wave
Export your chart of accounts, a trial balance or balance sheet as of the day before your fiscal50 start date, and your customer, vendor and product lists from Wave.
Create your fiscal50 company
Pick your fiscal year and the date your fiscal50 books start, up to two years back, and choose fiscal50’s pre-configured chart of accounts or your own.
Enter opening balances
On the Opening Entries page, enter opening bank balances, customers, vendors, assets, inventory and partner capital as of the day before your start date.
Import your lists
Import customers, vendors and products or items with fiscal50’s own import template, one file per list.
Connect your banks
Link bank and card accounts through Plaid. Upload earlier bank transactions from Excel or CSV files.
FAQ
Switching from Wave
Can I import my Wave data into fiscal50?
Not directly. The Configuration Agent reads QuickBooks Online and Desktop exports only. Coming from Wave, you start with fiscal50’s chart of accounts or your own, enter opening balances on the Opening Entries page, import customers, vendors and items with fiscal50’s import template, and connect your banks.
Is fiscal50 cheaper than Wave?
Wave Starter is free and Wave Pro is $19 a month (checked 11 November 2026). fiscal50 Starter is $5.50 a month with a live feed for one bank or card, and Business is $19.50 with up to 5 banks and cards and auto-reconciliation. The first month of Starter is free.
Does every fiscal50 plan include bank feeds?
Yes. Starter connects 1 bank or credit card through Plaid, Business up to 5 and Business Pro up to 10, and every plan can import transactions from Excel or CSV.
Can my bookkeeper use fiscal50 after I switch from Wave?
Yes. Every plan includes a bookkeeper login, and bookkeepers can manage all their clients from the free-to-start Bookkeeper Workspace.
Sources. Prices checked 11 November 2026 on Wave’s pricing page. Wave plans and prices change; check them before you decide.
Wave is a trademark of its owner. fiscal50 is not affiliated with Wave.
Related
Keep comparing
Pricing
Starter $5.50, Business $19.50, Business Pro $30.50 a month; first month of Starter free.
Read moreSwitching from QuickBooks
Why owners and bookkeepers move to fiscal50, and how the move works.
Read moreBanks to Books
AI recommends how to book every bank and card transaction and shows why.
Read moreFor small business
Clean books without the busywork: AI bookkeeping, invoices paid online, receipts by e-mail and reports any time.
Read moreTry fiscal50 alongside Wave.
Starter’s first month is free, with no credit card. Connect a bank and see the AI book your transactions.