Compare Wave Accounting vs Adminsoft Accounts

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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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Wave
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
$20 per month
Hosting
Cloud
Functionality score
8
Fit small business
Fit medium business
Fit large business
Software review
Adminsoft
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.8/10
License pricing license pricing (if provided by the software vendor)
$259 per user/month
Hosting
NA
Functionality score
4
Fit small business
Fit medium business
Fit large business
Software review
QuickBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
99/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5/10
License pricing license pricing (if provided by the software vendor)
$12.50 per month
Hosting
Cloud
Functionality score
7
Fit small business
Fit medium business
Fit large business
Software review
Zoho
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
96/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$9 per month
Hosting
On premise and Cloud
Functionality score
9
Fit small business
Fit medium business
Fit large business
Software review
Compare
FreshBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
95/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$4.50 per month
Hosting
On premise and Cloud
Functionality score
28
Fit small business
Fit medium business
Fit large business
Software review

Wave Accounting Vs. Adminsoft Accounts: Which is better?

Shlomi Lavi / Jul 15, 2020

Looking for the right Core Accounting solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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.

Adminsoft: Adminsoft develops Adminsoft Accounts software.Adminsoft Accounts is developed by a small business owner for use by other small business owners. So it isn't full of accounting jargon, it's easy to use by people who don't have an accounting degree, it works the way small business people tend to work, not the way accountants work. You can use as many of, or as few of the facilities provided as you like. For example, if you don't wish to use the General Ledger (Nominal Ledger), you can just ignore it. Unlike most other accounting systems, it doesn't force you to perform complicated period or year end procedures. It just keeps rolling forwards. Your business doesn't stop at the end of each account period or year, so why should your accounts software?

Pricing/cost comparison

The real cost of Core Accounting software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Wave Accounting TCO and Adminsoft Accounts total cost to help with the total cost of ownership calculation.

Wave Accounting price Starting from $20 per month , on a scale between 1 to 10 Wave Accounting is rated 4, which is lower than the average cost of Core Accounting software. Adminsoft Accounts price Starting from $259 per user/month , when comparing Adminsoft Accounts to their competitors, the software is rated 6 - similar to the average Core Accounting software cost.

Bottom line:Adminsoft Accounts is more expensive than Wave Accounting.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Wave Accounting Vs. Adminsoft Accounts based on some of the most important and required Core Accounting features.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance, ..
Adminsoft Accounts list of features include the following: Data Import/Export, Basic Reports, Online Customer Support, .

Target customer size

Wave Accounting is ideal for small to medium businesses with 9 or less employees. The software is a useful product mainly for small and medium businesses, although there is no restriction on industrial affiliation.

Wave Accounting

ITQlick rating
(4.4/5)

Starting from $20 per month

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.

Adminsoft Accounts

ITQlick rating
(4.4/5)

Starting from $259 per user/month

Adminsoft Accounts software is a cloud-based accounting solution designed for small to mid-level businesses and can also be deployed as an on-premise solution. The software incorporates numerous features and fu...

Categories: Core Accounting.

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Compare specifications

Wave Accounting Specifications

Name: Wave Accounting
Company: Wave Accounting
Address Toronto, ON, Canada
Website:https://www.waveapps.com/
Platforms: Desktop, Mobile, Cloud

Compare features

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance

Adminsoft Accounts: 3 Features

Data Import/Export
Basic Reports
Online Customer Support