Wave vs. Zoho Books: Which is Best? - Wheelhouse

Wave vs. Zoho Books: Which is Best?

Wave vs. Zoho Books Best Overall: Zoho Books

In our comparison of Wave vs. Zoho Books, Zoho Books is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

Wave Quick Info
WH Score:
7.8
Pricing Score:
7.1
Feature Score:
7.6
Usability Score:
7.9
Company Size:All Sizes
Platforms:
Zoho Books Quick Info
WH Score:
8.3
Pricing Score:
7.7
Feature Score:
7.4
Usability Score:
8.0
Company Size:All Sizes
Platforms:

Pricing

Wave Pricing
Wave Money Management
Free
per user / per month
Zoho Books Pricing
Free
Free
per user / per month
Standard
Free
per user / per month
Professional
Free
per user / per month
Premium
Free
per user / per month
Elite
Free
per user / per month
Ultimate
Free
per user / per month

Features

Wave Features
  • General Ledgers
  • Invoicing & Billing
  • Receivables & Collections
  • Reconciliations
  • Payment Processing
  • Billing Model Management
  • Tax Calculation & Filing
  • W-2
  • W-4
  • 1094
  • 1095
  • 1096
  • 1099
  • 8974
  • 940
Zoho Books Features
  • General Ledgers
  • Invoicing & Billing
  • Receivables & Collections
  • Reconciliations
  • Payment Processing
  • Billing Model Management
  • Tax Calculation & Filing
  • W-2
  • W-4
  • 1094
  • 1095
  • 1096
  • 1099
  • 8974
  • 940

Pros & Cons

Wave Pros & Cons
Pros
  • None.
Cons
  • Unfortunately, I have found that Wave has restricted usage in some countries where it is really needed
  • This can be frustrating when I am working with clients or partners in those areas.
Zoho Books Pros & Cons
Pros
  • Most of our clients use this software for business and personal issues after learning how to use it based on our suggestions
  • The ability to upload receipts and an available electric copy for safekeeping and documentation functions is one of this software's highly rated features
  • It also helps and saves time by scanning invoices automatically
  • Reports generated are timely hence helpful, enabling our clients and team maintain updated financial records.
Cons
  • Customizing invoices is hard
  • That was the only major challenge I encountered.

Reviews

Wave Reviews
Top Favorable Review
L
Leon
Reviewed on Jul 2, 2021

Routines for Wave's bank transactions are utterly failing. Wave lost the settings for connecting to bank accounts in February 2020, and automatic transaction imports ceased. As of January 2021, Wave is unable to resolve this problem and is forcing its clients to perform painful manual transaction uploads.

None

Transaction import function does not works

Top Critical Review
P
Paul
Reviewed on Jul 2, 2021

Wave is solving a major problem for me by making accounting and invoicing much easier and more streamlined. With this tool, I am able to prepare estimates and invoices quickly and accurately, which saves me a lot of time and effort.

I really appreciate how easy it is to do accounting and invoicing with Wave. With just a few accounting entries, I can prepare my accounts quickly and efficiently.

Unfortunately, I have found that Wave has restricted usage in some countries where it is really needed. This can be frustrating when I am working with clients or partners in those areas.

Zoho Books Reviews
Top Favorable Review
M
Mary
Reviewed on Jul 2, 2021

Most of our clients use this software for business and personal issues after learning how to use it based on our suggestions. The ability to upload receipts and an available electric copy for safekeeping and documentation functions is one of this software's highly rated features. It also helps and saves time by scanning invoices automatically. Reports generated are timely hence helpful, enabling our clients and team maintain updated financial records.

Combination of Zoho books and Zoho expense requires many updates as it is confusing due to the presence of bugs upon use. Hopefully, this complication can be resolved by a future update. All in all, I recommend this highly remarkable software.

Top Critical Review
C
Catherine
Reviewed on Jul 2, 2021

It has many wonderful features, it is cloud- based, integrates well with Shopify and woocommerce, and security is assured and good too.

Customizing invoices is hard. That was the only major challenge I encountered.

Alternatives

Wave Alternatives
Zoho Books Alternatives
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Wave vs. Zoho Books: Detailed Comparison

Wave vs. Zoho Books Top Ratings & Reviews: Zoho Books

In our rating and review comparison of Wave vs. Zoho Books, Zoho Books has 32 user reviews and Wave has 11. The average star rating for Zoho Books is 4.21 while Wave has an average rating of 3.81. Zoho Books has more positive reviews than Wave. Comparing Wave vs. Zoho Books reviews, Zoho Books has stronger overall reviews.

Wave vs. Zoho Books Best Features & Functionality: Wave

Wave vs. Zoho Books both offer a strong set of features and functionality including Accounting Features, Cash Flow Management, Tax Management, Supported Tax Forms, Payroll Management, Payment Options, Payment Partners, Portal Types, Customizable Items, Reminders/Alerts, Workflow Automation, Reporting & Analytics, Sync/Refresh, Identity and Access Management (IAM), Cybersecurity Features, After-Sales Service. In our feature comparison of Wave vs. Zoho Books, Wave offers more of the most popular features and tools than Zoho Books.

Wave vs. Zoho Books Best Pricing: Zoho Books

In our pricing comparison of Wave vs. Zoho Books, Zoho Books's pricing starts at Free/month and is more affordable compared to Zoho Books's starting cost of Free/month.

Wave vs. Zoho Books Best Usability: Zoho Books

Our comparison of Wave vs. Zoho Books shows that Zoho Books scores higher in usability for meets requirements, ease of admin. Wave scores higher in ease of use, learning curve, setup & support, quality of support, but Zoho Books has the best scores overall for system usability.

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