Compare Wave Accounting and Cashbook Complete - May 2022

Shlomi LaviShlomi Lavi / May 27, 2022

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Bottom Line: Which is Better - Wave Accounting or Cashbook Complete?

Wave Accounting is more expensive to implement (TCO) than Cashbook Complete, and Wave Accounting is rated higher (97/100) than Cashbook Complete (62/100). Wave Accounting offers users more features (5) than Cashbook Complete (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:

Wave Accounting Vs. Acclaim Software Ltd

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.

Acclaim Software Ltd: Acclaim Software, which was founded in 1995, is a software development firm whose software is sold in over twenty countries around the world. They have two divisions, imaging software and accounting software.

Who is more expensive? Wave Accounting or Cashbook Complete?

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 Cashbook Complete.

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. Cashbook Complete price starts at $85 per license , When comparing Cashbook Complete to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

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

Which software includes more/better features?

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

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

Cashbook Complete: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Wave Accountancy is perfect for small to medium companies with 9 or much less workers. The software is a viable solution for small and medium businesses hailing from a variety of industries.



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.

Cashbook Complete

ITQlick rating
(5/5)

starts at $85 per license

Cashbook Complete is a bookkeeping and accounting management solution for small and medium businesses. Its capabilities include billing and invoicing, electronic bank reconciliation, reporting, and othe...

Categories: Core Accounting.

Compare specifications

Compare features

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance

Cashbook Complete: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
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Cashbook...
ITQlick rating
5/5
Score
62/100
Pricing
4.4/10
License pricing
$85 per license
Functionality
4
QuickBoo...
ITQlick rating
4.2/5
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5/10
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$12.50 per month
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7
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ITQlick rating
4.4/5
Score
96/100
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2.4/10
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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.