Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - Simply Accounts or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than Simply Accounts, and Wave Accounting is rated higher (97/100) than Simply Accounts (62/100). Wave Accounting offers users more features (5) than Simply Accounts (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:
Simply Accounts Partnership Vs. Wave Accounting
Simply Accounts Partnership: We have many years experience of designing, programming and implementing financial accounting software (amongst others). Simply Accounts has been designed with the latest technology and is not a revamp of past efforts. There will be no significant reliance on support – there will always be the odd hiccup but, as we will not be charging for support,...
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? Simply Accounts 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 Simply Accounts and Wave Accounting.
Simply Accounts price starts at $30 per year , On a scale between 1 to 10 Simply Accounts 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 Simply Accounts is rated 2, which is much lower than the average cost of Core Accounting software.
Bottom line: Wave Accounting is more expensive than Simply Accounts.
Which software includes more/better features?
We've compared Simply Accounts Vs. Wave Accounting based on some of the most important and required Core Accounting features.
Simply Accounts: We are still working to collect the list of features for Simply Accounts.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Simply Accounts's typical customers include: SMBs, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.