Wave Apps Review - why 4.6 stars?

Wave Apps Review
ITQlick Score: 72/100
ITQlick Rating:
Pricing: 5.4/10 - average cost
Category: Core Accounting -> Wave Apps review
Ranking:Ranked 67 out of 137 Core Accounting systems
Company: Wave Accounting
Pricing: starts at $20 per month
Typical customers: Small businesses and start ups
Platforms: Desktop, Cloud
Links: Wave Apps pricing, Wave Apps alternatives
Shlomi LaviShlomi Lavi / updated: Apr 12, 2022

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What is Wave Apps?

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 designed and launched by Wave Accounting Inc headquartered in Ontario, Canada.

Who is it best for?

Customers of the software include businesses of all sizes and a wide range of types. It can be used in such major industries and domains as retail and wholesale, financial services, automation and manufacturing, healthcare and hospitality, government and public administration, and others.

Main features and functionalities

The software automates core accounting processes and eliminates the need of manual processing. Support is offered for multiple payment methods including PayPal, credit card, and others to which the software can be securely connected. The software also helps in the generation of accurate business reports such as balance sheets, income statements, sales tax reports, and others.

Wave Accounting offers accounts payable and receivable management in addition to general ledger, time and expense management, and support for multiple currencies. It also offers seamless invoicing and payroll management. Other important capabilities include automated billing, automated transactions, contract management, purchase orders, multiple sales tax management, custom reports, and support for unlimited accounts.

What is the actual cost?

The cost of license starts at $20 per month. ITQlick pricing score is 5.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Wave Apps. You can also find here pricing information from Wave Apps's website.

How it stacks up?

Access a head to head analysis of Wave Apps vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
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

Frequently Asked Questions (FAQs)

Is it the best Core Accounting system?

Wave Apps is ranked 67 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of Wave Apps is 4.6 stars out of 5 and the total score is 72 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Wave Apps makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Wave Apps can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Wave Apps and alternatives?

The most popular alternatives to Wave Apps in 2023: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - Wave Apps VS Core Accounting Software alternatives.

List of categories

Core Accounting
Billing & Invoicing
Payroll

List of features

Data Import/Export
Basic Reports
Online Customer Support

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.