Wave Accounting vs Zoho Books Comparison

The company developed several applications for iOS and Android devices. However, if you have the latter, you can only use the stellar Receipts by Wave app created for the faster processing of your expenses. Wave Accounting has a great advantage over its competitors, however: the software is completely free of charge. Unfortunately the $0.00 price tag comes with some disadvantages too: Wave Accounting is full of ads of its sponsors, and despite offering and supporting an API, it only integrates with three different third party services. Furthermore, the customer support, which is quite decent with its FAQ, forums, tutorials and social media, is not complete; you have to pay $9 per month for chat and $19 per month to include both the chat and the phone support.

You can integrate 22 different applications and software into Zoho, including the company’s own ones, but as an API is offered and supported, this number will increase in the future. Zoho’s services are available on all mobile platforms from iOS, to Android and Windows Phone too. After the expiration of the 14-day trial, you can choose from three pricing plans: Basic for $9 per month ($90 per year), Standard for $19 per month ($190 per year) and Professional for $29 per month ($290 per year). Zoho also has a complete customer service including phone, chat, email support, webinars, forums and many more.

Conclusion

With great software comes great pricing. This is the moral of comparing Wave Accounting and Zoho Books, two slightly different yet quite similar accounting solutions. Wave is definitely a good choice for sole proprietors and smaller businesses with its $0.00 pricing. Despite including some features for an additional fee, such as phone and chat support, and the online payment option, this software is pretty decent. You get multi-currency invoicing, billing and estimating, a basic inventory, mobile applications, and much more. Zoho Books comes in three different versions, but all of them contain superb features, such as the invoicing, projecting with a time tracker, real-time expense management, a user-friendly client portal, integration of many third party services, mobile apps, and complete customer support. And if you subscribe for the more advanced plans you also get sales and purchase orders, bills, unlimited users and clients and even a neat inventory.