Compare Light4 and Wave Accounting - Apr 2022

Shlomi LaviShlomi Lavi / Apr 14, 2022

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Bottom Line: Which is Better - Light4 or Wave Accounting?

Wave Accounting is more expensive to implement (TCO) than Light4, and Wave Accounting is rated higher (97/100) than Light4 (51/100). Wave Accounting offers users more features (5) than Light4 (0).

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:

CCAS Software Vs. Wave Accounting

CCAS Software: Founded in 1987 by Nicholas Kasun, CPA, CCAS has, since its inception, offered comprehensive accounting solutions for Government Contractors. Our first product, "CCAS for Government Contractors", was based in MS-DOS. Strong as that product was, things have changed considerably since then. Expanding upon that foundation, today we offer accounting an...

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? Light4 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 Light4 and Wave Accounting.

Light4 accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Light4 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 Light4 is rated 4, which is lower than the average cost of Core Accounting software.

Bottom line: Light4 cost is around the same cost of Wave Accounting.

Which software includes more/better features?

We've compared Light4 Vs. Wave Accounting based on some of the most important and required Core Accounting features.

Light4: We are still working to collect the list of features for Light4.

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

Target customer size

Light4's typical customers include: SMBs, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.

Light4

ITQlick rating
(3.2/5)

Light4 is a fast growing cloud-based Accounting-Finance software, it is designed to support small and medium size business. Light4 received a rating of 3.2 from ITQlick team. The software cost is considered aff...

Categories: Accounting & Finance, Fixed Asset Management, Billing & Invoicing, Core Accounting.

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

Light4: 0 Features

We are working to collect the list of features

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
Light4
ITQlick rating
3.2/5
Score
51/100
Pricing
4.6/10
License pricing
Pricing not available
Functionality
8
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.