Shlomi Lavi /
Apr 26, 2022
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Bottom Line: Which is Better - HappyAccounts or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than HappyAccounts, and Wave Accounting is rated higher (97/100) than HappyAccounts (70/100). Wave Accounting offers users more features (5) than HappyAccounts (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:
AICO Arena International Vs. Wave Accounting
AICO Arena International: AICO Arena International Corporation was established in 1995 with headquarters in British Columbia, Canada; the subsidiary HappyAccounts Software Corp. was established in 2005 in Washington State, USA.
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? HappyAccounts 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 HappyAccounts and Wave Accounting.
HappyAccounts price starts at $1,900 per license , On a scale between 1 to 10 HappyAccounts is rated 4, which is 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 HappyAccounts is rated 4, which is lower than the average cost of Core Accounting software.
Bottom line: HappyAccounts cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared HappyAccounts Vs. Wave Accounting based on some of the most important and required Core Accounting features.
HappyAccounts: Data Import/Export, Basic Reports, Online Customer Support.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
HappyAccounts can be used for small and medium businesses as well as large corporations. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.