Codeblix EBS vs Wave
Wave is free but not MRA-approved. Codeblix is.
Wave is free global accounting. Codeblix is MRA-approved Mauritius invoicing.
Wave Accounting is a free global accounting tool popular with freelancers and micro-businesses. Codeblix EBS is the MRA-approved Mauritius alternative that gives you invoicing, POS, inventory, and payroll alongside accounting — all MRA-fiscalised. Here is the honest comparison.
TL;DR verdict
Wave is genuinely free for accounting and invoicing, which is its main appeal. But Wave is not MRA-approved for e-invoicing, has no POS, no inventory, no payroll, and no local support. For a Mauritius VAT-registered business, Wave alone is not enough — you would need a separate MRA fiscalisation layer and likely a separate POS and inventory system. Codeblix includes all of this in one MRA-approved product.
Wave at a glance
Wave is a Canadian free accounting and invoicing product owned by H&R Block. The free tier includes unlimited invoices, income/expense tracking, and basic reports. Paid add-ons include Wave Payments (card processing), Wave Invoicing (more features), Wave Payroll (US/CA only), and Wave Receipts.
Codeblix EBS at a glance
Codeblix is one MRA-approved product covering invoicing, fiscalisation, POS, inventory, accounting, payroll, CRM, and reporting. MUR-priced at MUR 1,500-7,500/month with a 14-day free trial. Local support in English and French.
Feature-by-feature comparison
The table below compares the two products on the features that matter most to a Mauritius VAT-registered business.
Where Codeblix wins
Codeblix is MRA-approved, includes POS, inventory, and payroll, and has local support. Wave is free for accounting but you would need a separate MRA integration, a separate POS, and a separate payroll product to get feature parity.
Where Wave wins
Wave is genuinely free for the basic accounting and invoicing layer. If you are a sole trader with no MRA-fiscalisation requirement and a tiny invoice volume, Wave's free tier is hard to beat on price alone.
How to migrate from Wave to Codeblix
Export your Wave customers, products, and chart of accounts as CSV. We map them into the Codeblix Mauritius chart of accounts. Historical invoices can be exported from Wave's reports. Typical migration: 3-5 business days.
Pricing comparison
Wave's free tier vs Codeblix MUR 1,500/mo is the headline comparison. But the moment you need MRA compliance, POS, or inventory, the total cost of Wave + add-ons + MRA integration exceeds Codeblix Standard. We have seen this play out for many customers.
Who should choose which
Choose Codeblix EBS if you are VAT-registered in Mauritius and need real MRA-fiscalised invoicing, POS, or inventory. Choose Wave only if you are a non-VAT sole trader with no MRA requirement and want the cheapest possible accounting tool.
Internal links
See also Codeblix vs QuickBooks, Codeblix vs Xero, Codeblix vs Sage, and Codeblix vs FreshBooks. Read about why global software falls short in Mauritius.
Feature-by-feature comparison
| Feature | Codeblix EBS | Wave |
|---|---|---|
| MRA e-invoicing | Native, MRA-approved (SN 95) | Not supported |
| Free tier | 14-day free trial, no credit card | Genuinely free for accounting & invoicing |
| POS module | Included, MRA-compliant | Not available |
| Inventory | Multi-location, batch, expiry | Basic product list only |
| Payroll (NPS, NSF, PAYE, CSG) | Included, auto-calculated | Wave Payroll is US/Canada only |
| Bank feeds (SBM, MCB, ABC) | Native feeds | Plaid (limited Mauritius coverage) |
| Local Mauritius support | Phone, WhatsApp, email | Online chat — Canada timezone |
| MUR pricing | Native MUR | USD-denominated |
| Multi-currency | Yes, with daily rate on invoice | Limited |
| Mobile app | Android & iOS, included | Android & iOS, included |
Pricing comparison
Where Codeblix wins
- ✓ MRA e-invoicing compliant out of the box
- ✓ Hash chain and IRN tracking per MRA spec
- ✓ POS module included (MRA-compliant receipts)
- ✓ Local Mauritius payroll (NPS, NSF, PAYE, CSG)
- ✓ Phone and WhatsApp support in Mauritius time
- ✓ Free migration from Wave
Where Wave wins
- ✗ Wave is genuinely free for basic accounting
- ✗ Wave has a clean, simple interface that some freelancers love
FAQ
Is Wave available in Mauritius?
Wave's web app is accessible from Mauritius, but it is not MRA-approved. You cannot use Wave alone to issue MRA-fiscalised invoices.
Can I use Wave for accounting and Codeblix for invoicing?
Technically possible, but the data has to be manually reconciled. We do not recommend it — one source of truth is always better.
Is Codeblix more expensive than Wave?
Headline: yes. Wave is free. Total cost of ownership for a Mauritius VAT-registered business: usually no, because Wave + MRA integration + POS + payroll all added together is more expensive than Codeblix Standard.
Does Codeblix have a free tier?
No, but we offer a 14-day free trial with no credit card required. After the trial, plans start at MUR 1,500/month.