Compare Wave Apps and QuickBooks - Oct 2022

Shlomi LaviShlomi Lavi / Oct 16, 2022

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Bottom Line: Which is Better - Wave Apps or QuickBooks?

Wave Apps is more expensive to implement (TCO) than QuickBooks, and QuickBooks is rated higher (99/100) than Wave Apps (72/100). QuickBooks offers users more features (6) than Wave Apps (3). There is a clear winner in this case and it is QuickBooks!

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. DynaDo

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.

DynaDo: DynaDo is a complete suite of tools needed to communicate and manage your business. It includes Email, Project Management, Customer Support, File Storage, Discussion Forums, Calendar, Chat, CRM. It replaces software like GMail, Dropbox, Zendesk, Salesforce and Basecamp.

Who is more expensive? Wave Apps or QuickBooks Online Plus?

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 Apps and QuickBooks Online Plus.

Wave Apps price starts at $20 per month , On a scale between 1 to 10 Wave Apps is rated 4, which is lower than the average cost of Core Accounting software. QuickBooks Online Plus price starts at $12.50 per month , When comparing QuickBooks Online Plus to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: Wave Apps cost is around the same cost of QuickBooks Online Plus.

Which software includes more/better features?

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

Wave Apps: Data Import/Export, Basic Reports, Online Customer Support.

QuickBooks Online Plus: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.

Target customer size

Customers of the software include businesses of all sizes and a wide range of types. The software application has actually specifically been made for tiny and medium services.



Wave Apps

ITQlick rating
(4.6/5)

starts at $20 per month

Wave Accounting is a web based accounting management solution for small and medium businesses. It offers such services as billing and invoicing, fixed assets management, reporting, and others. The software was ...

Categories: Core Accounting, Billing & Invoicing, Payroll.

QuickBooks

ITQlick rating
(4.2/5)

starts at $12.50 per month

QuickBooks Online is a web based accounting management solution for small and medium businesses. Its capabilities include expense tracking, automatic data backup, invoice creation, and others. The software was ...

Categories: Core Accounting.

Compare specifications

Compare features

Wave Apps: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

QuickBooks Online Plus: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
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
Wave App...
ITQlick rating
4.6/5
Score
72/100
Pricing
5.4/10
License pricing
$20 per month
Functionality
6
Compare
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Compare
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Compare
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.