Compare ZipBooks and Wave Accounting - May 2022

Shlomi Lavi

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

Wave Accounting is more expensive to implement (TCO) than ZipBooks, and Wave Accounting is rated higher (97/100) than ZipBooks (84/100). ZipBooks offers users more features (9) 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:

ZipBooks Vs. Wave Accounting

ZipBooks: ZipBooks is an online invoicing and cash flow management solution for small businesses. Our primary goal is getting you paid faster - for example, by enabling you to accept credit card payments with ease. We receive a referral fee from our payment processing partners, but the transaction pricing they charge you is at market rates. Even if you ch...

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? ZipBooks 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 ZipBooks and Wave Accounting.

ZipBooks price starts at $15 per month , On a scale between 1 to 10 ZipBooks 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 ZipBooks is rated 2, which is much lower than the average cost of Core Accounting software.

Bottom line: Wave Accounting is more expensive than ZipBooks.

Which software includes more/better features?

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

ZipBooks: Accounts Payable, Accounts Receivable, Billing & Invoicing, Purchase Orders, Project Billing, Payment Management, Recurring Invoices, Time and Expense Tracking.

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

Target customer size

ZipBooks's typical customers include: Small businesses and start ups, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.