zoho-books vs wave: Which Is Better? [Comparison]
Zoho Books is an online accounting software designed for small to medium-sized businesses. Its primary purpose is to manage finances, automate business workflows, and facilitate collaboration among te
Quick Comparison
| Feature | zoho-books | wave |
|---|---|---|
| Pricing | Subscription-based | Free |
| Invoicing | Yes | Yes |
| Expense Tracking | Yes | Yes |
| Multi-Currency Support | Yes | No |
| Integrations | Extensive | Limited |
| User Limit | Tiered plans available | Unlimited |
| Mobile App | Yes | Yes |
What is zoho-books?
Zoho Books is an online accounting software designed for small to medium-sized businesses. Its primary purpose is to manage finances, automate business workflows, and facilitate collaboration among teams.
What is wave?
Wave is a free accounting software that provides essential financial management tools for small businesses and freelancers. Its primary purpose is to simplify accounting tasks such as invoicing, expense tracking, and reporting.
Key Differences
- Pricing Model: Zoho Books operates on a subscription basis, while Wave is free to use.
- Multi-Currency Support: Zoho Books supports transactions in multiple currencies, whereas Wave does not.
- Integrations: Zoho Books offers a wider range of integrations with other software applications compared to Wave.
- User Limit: Zoho Books has tiered plans with varying user limits, while Wave allows unlimited users.
- Features: Zoho Books includes advanced features like project management and time tracking, which are not available in Wave.
Which Should You Choose?
- Choose Zoho Books if you need multi-currency support, advanced features for project management, or require extensive integrations with other business tools.
- Choose Wave if you are a freelancer or a small business looking for a free solution with basic accounting features and do not require multi-currency transactions.
Frequently Asked Questions
Is Zoho Books suitable for large businesses?
Zoho Books is primarily designed for small to medium-sized businesses, but it can be scaled for larger operations depending on the plan chosen.
Can I use Wave for payroll?
Wave offers payroll services, but they are available as a paid add-on and are not included in the free accounting features.
Does Zoho Books have a mobile app?
Yes, Zoho Books provides a mobile app for both iOS and Android, allowing users to manage their finances on the go.
Is Wave really free?
Wave is free to use for its core accounting features, but additional services like payroll and payment processing may incur fees.
Conclusion
Zoho Books and Wave serve different user needs in the accounting software space. While Zoho Books offers more advanced features and integrations, Wave provides a straightforward, cost-effective solution for basic accounting tasks.