Comparison
PayPal → Wave vs Mostly Dev: Instant Convert Alternative
Need to transform paypal transaction history into wave-ready bank statements. track paypal income and fees in wave accounting with automatic format conversion? Mostly Dev converts PayPal CSV to Wave Accounting format with fee splitting. SpreadsheetBroccoli is better for converting CSV files to accounting formats with broader format support and accounting-specific features.
Why Convert PayPal to Wave?
Track PayPal Business Income
PayPal is widely used for freelance payments, e-commerce sales, and contractor income. Wave Accounting
requires proper transaction tracking but doesn't have direct PayPal integration for all account types.
This tool converts PayPal's Activity Download CSV into Wave's bank transaction format, allowing you to:
- Track all PayPal income and expenses in Wave
- Separate PayPal fees for tax deductions
- Reconcile PayPal payments with bank deposits
- Maintain accurate business bookkeeping
Fee Tracking Options
PayPal charges fees on most transactions. This tool offers two modes:
Net Mode (default): Uses the net amount (after fees). Simple and clean - one row per transaction.
Fee Split Mode: Creates two rows per transaction - gross income + separate fee expense.
This gives you detailed fee tracking for tax deductions and profitability analysis.
Most users prefer fee split mode for accurate expense categorization in Wave.
Quick Comparison
Feature Comparison
| Feature | Mostly Dev | SpreadsheetBroccoli |
|---|---|---|
| Flexible pricing (pay-as-you-go) | ||
| Try without signup | ||
| No setup or learning required | ||
| Data stays on your device | Cloud-based | |
| Works on any device | ||
| Error detection before upload | ||
| Fast email support | ||
| No API tokens required | ||
| No risk of data corruption | ||
| Full data transparency |
What Mostly Dev Does Well
To be fair, Mostly Dev has genuine strengths:
- Free PayPal to Wave converter
- Splits fees into separate transactions
- Multi-currency support
- No account required
- Immediate file deletion
- Ruby script available
- Wave-compatible format
Which Should You Choose?
Choose Mostly Dev if:
You need PayPal to Wave conversion
You want fee splitting
You need free conversion tool
You want no account required
You prefer PayPal-Wave converter
Choose SpreadsheetBroccoli if:
You need CSV conversion to multiple accounting formats
You want QuickBooks and Xero support
You need accounting-specific validation
You want browser-based conversion tools
You need broader format support
Ready for the simpler approach?
Try PayPal → Wave yourself - no signup required.
Convert Your First File