Kashoo vs Wave Accounting Comparison

Even when it comes to choosing the ideal online accounting solution, the most important question for businesses, aside from getting software that has the most essential features, is the price tag of the solution. Let us rephrase the question: would you prefer almost complete software for a monthly price or a free solution without some essential features? This is the case of two very similar accounting solutions, super basic Kashoo and free of charge Wave; both of them have features that are not present in the other and both of them want to convince small business owners.

Kashoo has two applications developed for Android and iOS platforms, but only the app for the latter platform serves as a complete substitute of the desktop version thanks to its capability to send invoices and process captured receipts. This software only integrates with four third party applications and services available in the U.S., but an API is also offered and supported. Even though the customer service is not available 24/7, you have every contact method you need: email, phone, live chat. Furthermore, as a Kashoo client you get access to a detailed knowledge base called Kashoo U. As a new subscriber you have a 14-day trial period, after which you can choose from the monthly subscription for $29.95 per month or the pre-paid annual subscription for $25 per month ($299.95 per year) the fee of which can be reduced by 66% during tax time.

Wave Accounting only integrates with three different third party services, but as the company offers and supports an API this number is very likely to grow in the future. You can access your account using mobile applications, and manage your invoicing, receipts, payments and payroll. But if you have an Android device, you can only use Receipts by Wave which, by the way, is quite fast and effective. However, Wave’s greatest weapon against its competitors is its pricing policy: the software costs $0.00 for unlimited access, users, clients and the most essential accounting features. Unfortunately this comes at a price: even though Wave provides many forms of customer support like an FAQ, forums, tutorials and social media coverage, you have to pay $9 per month for chat support and $19 per month to include phone support as well.

Conclusion