Compare AccountingSuite and Wave Accounting - Jul 2022
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Bottom Line: Which is Better - AccountingSuite or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than AccountingSuite, and Wave Accounting is rated higher (97/100) than AccountingSuite (82/100). AccountingSuite 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:
AccountingSuite Vs. Wave Accounting
AccountingSuite: AccountingSuite™ is Cloud Banking automatically connects to your bank accounts daily so you will spend less time entering transactions.
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? AccountingSuite 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 AccountingSuite and Wave Accounting.
AccountingSuite price starts at $19 per user/month , On a scale between 1 to 10 AccountingSuite 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 AccountingSuite is rated 2, which is much lower than the average cost of Core Accounting software.
Bottom line: Wave Accounting is more expensive than AccountingSuite.
Which software includes more/better features?
We've compared AccountingSuite Vs. Wave Accounting based on some of the most important and required Core Accounting features.
AccountingSuite: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders, Time and Expense Tracking.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
AccountingSuite's typical customers include: Small, medium and large size businesses, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.
Wave Accounting
Wave Accounting software is a fully integrated, web-based accounting solution tailored exclusively for small organizations. The software allows the users to access their documents any time from anywhere.
Compare PricingCompare specifications
AccountingSuite Specifications
ITQlick Score: | 82/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> AccountingSuite review |
Company: | AccountingSuite |
Pricing: | starts at $19 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | AccountingSuite review, AccountingSuite pricing, AccountingSuite alternatives |
Wave Accounting Specifications
ITQlick Score: | 97/100 |
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ITQlick Rating: |
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Pricing: | 4/10 - average cost |
Category: | Core Accounting -> Wave Accounting review |
Company: | Wave Accounting |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Wave Accounting review, Wave Accounting pricing, Wave Accounting alternatives |
Compare features
AccountingSuite: 6 Features
Wave Accounting: 5 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.