Shlomi Lavi /
Nov 19, 2022
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Bottom Line: Which is Better - EZTax or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than EZTax, and Wave Accounting is rated higher (97/100) than EZTax (62/100). Wave Accounting offers users more features (5) than EZTax (3).
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:
BillSoft, Inc. Vs. Wave Accounting
BillSoft, Inc.: At BillSoft we have the expertise and products to ease your fears and rebuild the lost confidence. That's because we are the industry leader for indirect tax solutions. We are Your Total Tax Solution.
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? EZTax 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 EZTax and Wave Accounting.
EZTax price starts at $20 per license , On a scale between 1 to 10 EZTax 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 EZTax is rated 2, which is much lower than the average cost of Core Accounting software.
Bottom line: Wave Accounting is more expensive than EZTax.
Which software includes more/better features?
We've compared EZTax Vs. Wave Accounting based on some of the most important and required Core Accounting features.
EZTax: Data Import/Export, Basic Reports, Online Customer Support.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
EZTax's typical customers include: Small business, Medium business, Private use, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.