Tyms vs Wave Accounting

The best Wave Accounting alternative

Love that Wave is simple? Tyms is just as easy to start, with a free plan, and grows with you into bank feeds, inventory and an AI accountant.

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Tyms vs Wave Accounting

A side-by-side look at cost, automation, AI, features, support and how modern each platform feels.

Wave Accounting

Tyms

Cost

Starting price

Wave AccountingFree Starter plan. Pro is $19 a month

TymsFree plan. Plus is $20 per seat a month, or $200 a year

Paying as you grow

Wave AccountingExtra users and bank connections need Pro

TymsPer seat. Each seat adds 1,500 monthly transactions and 5 bank connections

AI included

Wave AccountingNo AI assistant

Tyms150 AI credits with every seat, with no separate AI add-on

Automation

Bank feeds and reconciliation

Wave AccountingBank feeds only on Pro. Starter means uploading statements yourself

TymsLive bank feeds or any statement upload, matched and reconciled by Adam

Bookkeeping on autopilot

Wave AccountingAuto-categorisation on Pro, with no AI agents

TymsEight AI agents run banking, sales, purchases, inventory and statements on your schedule

AI accountant

Wave AccountingNo AI accountant

TymsAdam creates, updates and explains your records when you ask in plain words

Receipts and documents

Wave AccountingReceipt scanning on Pro, or $8 a month on Starter

TymsUpload or forward receipts, invoices and statements, and Adam records them

Features

Inventory and manufacturing

Wave AccountingNo inventory tracking

TymsStock, bundles, bills of materials and production orders included

Currencies and structure

Wave AccountingMulti-currency invoicing, little business structure

TymsMulti-currency with live rates, plus branches, departments and projects

Built for accountants

Wave AccountingLimited accountant access

TymsClient portfolio, white-label portal and client billing for firms

Support

Customer support

Wave AccountingHelp centre and chat. Bookkeeping help from $149 a month

TymsLive human support on every paid plan

Getting started

Wave AccountingQuick setup for very small businesses

TymsStart in minutes with guided onboarding, or let our team keep your books for you

Modern platform

Where you can work

Wave AccountingWeb and mobile apps

TymsWeb app, WhatsApp chat with Adam, and an email inbox for documents

Developer platform

Wave AccountingLimited public API

TymsOpen REST API, webhooks and OAuth for Zapier, Make and more

Competitor details come from their public pricing pages in October 2026 and are shown in US dollars. Plans and prices change, so check with each provider before you decide.

Why businesses switch from Wave Accounting

The reasons we hear most often from teams who move their books to Tyms.

The free plan got smaller

Wave moved bank connections and extra users to its paid Pro plan. Tyms' free plan still gives you AI credits, financial statements and the full accounting core.

Room to grow

Inventory, purchase orders, fixed assets, approvals and custom roles are all in Tyms, so you will not have to switch again in a year.

An accountant on call

Instead of paying for a bookkeeping service, ask Adam. It categorises, reconciles and explains your numbers, and our team is there when you need a person.

Accounting that does the work for you

Tyms is full double-entry accounting with an AI accountant built in. Here is what that looks like day to day.

Your books, kept by AI agents

Schedule Adam's agents to sync your bank, raise invoices, record bills and prepare your statements. You review, they do the work.

Eight specialist agents
Runs daily, weekly or monthly
Results only go to your own team

Learn more

Reconciliation that finishes itself

Connect your bank once or upload any statement. Adam categorises every line, matches it to invoices and bills, and flags only what needs you.

Bank feeds across the US, Canada and Africa
Approve in bulk with one click
Bank balance checks built in

Learn more

Get paid without chasing

Send invoices, quotes and recurring invoices with emails Adam writes for you. Reminders go out on time and payments match themselves.

Recurring invoices and quotes
Automatic payment reminders
Customer statements on demand

Learn more

Know your numbers, any time

Financial statements, aging and tax reports update as you work. Ask Adam to build a dashboard or explain a report in plain words.

Balance sheet, profit and loss, and cash flow
Profit by customer, item or project
Dashboards built from a sentence

Learn more

Switch from Wave Accounting in an afternoon

No need to start over. Bring what you have and Tyms takes it from there.

Bring your data

Export your customers, invoices and transactions from Wave as spreadsheets, then import them into Tyms with ready-made templates. Adam reads the files and suggests the right mapping.

Let Adam tidy up

Adam maps your accounts, categorises transactions and flags anything that looks off, so your opening balances are right.

Run on autopilot

Connect your bank, schedule your agents and invite your team or your accountant.

Move your Wave Accounting books without starting over

Coming from Wave Accounting? Bring a spreadsheet, or see how we move QuickBooks, Xero, Zoho Books and Sage in a few days.

Migrate to Tyms now

Questions about switching from Wave Accounting

Still deciding? Here are straight answers to what people ask us most.

Get started

Yes. Tyms is as easy to start as Wave and also has a free plan. As you grow, you get bank feeds, inventory, team roles and an AI accountant without changing software.

Tyms has a free plan with 100 monthly transactions, AI credits and financial statements. When you need more, Plus is $20 per seat a month or $200 a year.

Yes. Tyms connects to banks in the US, Canada and across Africa, and you can upload statements in any format. Adam then categorises and reconciles every line.

Export your customers, invoices and transactions from Wave, then upload them to Tyms with the spreadsheet importer. Your opening balances and history come across with them.