Compare Zoho Books and Wave Accounting - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - Zoho Books or Wave Accounting?

Wave Accounting is more expensive to implement (TCO) than Zoho Books, and Wave Accounting is rated higher (97/100) than Zoho Books (96/100). Zoho Books offers users more features (6) than Wave Accounting (5).

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Zoho Vs. Wave Accounting

Zoho: Zoho.com offers a comprehensive suite of award-winning online business, productivity & collaboration applications. Customers use Zoho Applications to run their business processes, manage their information and be more productive while at the office or on the go, without having to worry about expensive or outdated hardware or software. To date, Zoho...

Wave Accounting: Wave Accounting is an awesome, cloud-based, integrated software and tools for small businesses. So far, that includes Invoicing, Accounting, Payroll, Payments and more, plus Personal Finance Software, too.

Who is more expensive? Zoho Books or Wave Accounting?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Zoho Books and Wave Accounting.

Zoho Books price starts at $10 per organizer/month , On a scale between 1 to 10 Zoho Books is rated 2, which is much lower than the average cost of Core Accounting software. Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Zoho Books is rated 2, which is much lower than the average cost of Core Accounting software.

Bottom line: Wave Accounting is more expensive than Zoho Books.

Which software includes more/better features?

We've compared Zoho Books Vs. Wave Accounting based on some of the most important and required Core Accounting features.

Zoho Books: Billing & Invoicing, Purchase Orders, Sales Reporting, Tax compliance, Time & Expense, Time and Expense Tracking.

Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.

Target customer size

Zoho Corporation created Zoho Books in response to another accounting software called Quickbooks to target small and mid-size businesses that want to save time in bookkeeping and paperwork. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.