Software Alternatives, Accelerators & Startups

Akaunting VS Wise

Compare Akaunting VS Wise and see what are their differences

Akaunting logo Akaunting

Free, open source and online accounting software for small businesses and freelancers

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Akaunting Landing page
    Landing page //
    2023-01-24
  • Wise Landing page
    Landing page //
    2023-09-02

Akaunting videos

AKAUNTING REVIEW 💸 FREE ACCOUNTING SOFTWARE 💸 $100 FREEBIE

More videos:

  • Review - Akaunting 2.0 - Free Accounting Software
  • Review - Laravel Code Structure: Akaunting in Review

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Akaunting and Wise)
Accounting
100 100%
0% 0
Online Payments
0 0%
100% 100
Bookkeeping
100 100%
0% 0
Money Transfer
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Akaunting and Wise

Akaunting Reviews

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Wise Reviews

Best money transfer apps of 2021
TransferWise does also offer Business pricing, which adds in extra features that are free, including the ability to receive money in EUR, USD, GBP, PLN, AUD and NZD currencies without charge. However, this comes with a 0.33%-3.56% fee to convert currencies. The supporting TransferWise debit Mastercard comes free too, with the same currency conversion fee of 0.33%-3.56% plus...
Top 7 Wise Alternatives
Wise’s Multi Currency Account (review) and associated Wise card (review) (which works great as a travel money card) are especially useful to expats who need banking features in a new country to pay rent, buy groceries, or receive money like a local (Wise offers international bank details in 10 currencies).
Source: transumo.com
5 Safe Money Transfer Alternatives to Wise
As a money transfer service, Wise (formerly known as TransferWise) is a transparent and easy to use option. But if you’re making an international money transfer, it can be worth looking at some of Wise’s competitors to see which is the best option for you.
Source: www.exiap.com
Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B
For now, the backing of its investors is allowing Airwallex to grow its business without needing to focus on making money. That’s proven tricky for some fintech companies — such as TransferWise and Europe’s challenger banks — but Zhang is confident that when that changes, his company will have little trouble being sustainable.
Source: techcrunch.com

Social recommendations and mentions

Wise might be a bit more popular than Akaunting. We know about 24 links to it since March 2021 and only 18 links to Akaunting. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Akaunting mentions (18)

  • An open-source alternative to QuickBooks
    There's also Plain Text Accounting[1]. The biggest problem of all open source solutions, accountants' experience aside, is the lack of banking and taxes integration, especially outside of US, e.g. For Asian, South American, or African businesses. The most promising FOSS solution for SME I was able to find is Akaunting[2][3]. [1] https://plaintextaccounting.org/ [2] https://akaunting.com/ [3] - Source: Hacker News / 12 months ago
  • Libreoffice Base for Accounting & ERP for small business?
    There are also https://akaunting.com/. Source: 12 months ago
  • Self-Hosted SaaS Alternatives: Replacing Paid Tools With FOSS Tools
    Https://akaunting.com/ is probably pretty close to freshbooks. It's open source and can be self hosted. There are also more alternatives if you check out alternativto or https://github.com/awesome-selfhosted/awesome-selfhosted#money-budgeting--management. Source: about 1 year ago
  • Recommendations for easy financial management
    I looked at https://akaunting.com/, it's alright, hardly any decent reports though. Source: about 1 year ago
  • Gym/Work-out Tracker
    Looking to find a workout tracker to host in my own environment, sort of similar to Akaunting (Free Accounting Software - Akaunting) for finance. Source: over 1 year ago
View more

Wise mentions (24)

  • Which bank in vietnam have the lowest fee for overseas remittance?
    I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly higher fee. But it goes straight into their account. From Wells Fargo I would have to go and get USD then exchange it to Vietnamese currency. Source: 11 months ago
  • We are happy to welcome you to Auction 88 — Coins of The World.
    They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: 11 months ago
  • Recommend me a first credit card with 0 foreign tx fee
    It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: about 1 year ago
  • Renting an apartment without a US Bank account?
    Get a Wise account. Open one in your local currency, and one in US currency. I was doing that for the first few months. Source: over 1 year ago
  • My New Client Is Asking Me For My Bank Info
    I’ve used Wise for bank payments from international clients before: https://wise.com/us/ that way you’re not giving them your actual bank info but the process is similar on the client’s end. Source: over 1 year ago
View more

What are some alternatives?

When comparing Akaunting and Wise, you can also consider the following products

GnuCash - A personal and small-business financial-accounting software, licensed under GNU/GPL and available for Linux, Windows, Mac OS X, BSD, and Solaris.

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

FreshBooks - The ideal accounting software for small business owners.

Zoho Invoice - 100% free online invoicing software for small businesses.

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.

The Invoice Machine - The Invoice Machine is an online invoicing service with a simple and elegant user interface.