Compare EZTax and Wave Accounting - Nov 2022

Shlomi LaviShlomi 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.



EZTax

ITQlick rating
(4.3/5)

starts at $20 per license

EZTax is a growing cloud-based Business tax software, it is designed to support small and medium size business. EZTax received a rating of 4.3 from ITQlick team. The software cost is considered affordable (1.8...

Categories: Business tax.

Wave Accounting

ITQlick rating
(4.4/5)

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.

Categories: Accounting & Finance, Core Accounting, Medical Accounting.

Compare specifications

Compare features

EZTax: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
EZTax
ITQlick rating
4.3/5
Score
62/100
Pricing
3.6/10
License pricing
$20 per license
Functionality
4
Review
Compare
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28

Auditor - Shlomi Lavi

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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.