Compare Wave Accounting and AccountingSuite - Jul 2022

Shlomi Lavi

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

Wave Accounting is more expensive to implement (TCO) than AccountingSuite, and Wave Accounting is rated higher (97/100) than AccountingSuite (82/100). AccountingSuite offers users more features (6) than Wave Accounting (5).

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:

Wave Accounting Vs. AccountingSuite

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.

AccountingSuite: AccountingSuite™ is Cloud Banking automatically connects to your bank accounts daily so you will spend less time entering transactions.

Who is more expensive? Wave Accounting or AccountingSuite?

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 Wave Accounting and AccountingSuite.

Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Wave Accounting is rated 4, which is lower than the average cost of Core Accounting software. AccountingSuite price starts at $19 per user/month , When comparing AccountingSuite to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

Bottom line: Wave Accounting is more expensive than AccountingSuite.

Which software includes more/better features?

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

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

AccountingSuite: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders.

Target customer size

Wave Accountancy is perfect for small to medium companies with 9 or much less workers. and AccountingSuite's target customer size include: Small, medium and large size businesses.