What users are saying about
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Top Rated
105 Ratings
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Top Rated
333 Ratings

Accounting by Wave

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Top Rated
105 Ratings
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Score 9.1 out of 101

Avalara

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Top Rated
333 Ratings
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Score 8.3 out of 101

Likelihood to Recommend

Accounting by Wave

Wave is free to use, and they have some premium features you can pay for. For someone just starting out as a small business, freelancer or independent contractor, this is a Godsend. You can look professional, have something easy to manage, and yet also have excellent records come the end of the year. You won't spend a bunch of time having to learn the program, it's very intuitive and you get a host of great features that will make getting paid easy.
J.P. VanderLinden profile photo

Avalara

Avalara is a necessity when a company has multiple jurisdictions and has various items it sells that are taxed differently in various jurisdictions. In today's world and economic nexus, I think most businesses would benefit from a service like Avalara.
Theresa Whalen profile photo

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
Avalara
Pay calculation
Accounting by Wave
8.2
Avalara
Benefit plan administration
Accounting by Wave
7.5
Avalara
Direct deposit files
Accounting by Wave
8.0
Avalara
Salary revision and increment management
Accounting by Wave
7.7
Avalara
Reimbursement management
Accounting by Wave
8.0
Avalara

Customization

Accounting by Wave
8.8
Avalara
API for custom integration
Accounting by Wave
8.7
Avalara
Plug-ins
Accounting by Wave
8.8
Avalara

Security

Accounting by Wave
8.5
Avalara
Single sign-on capability
Accounting by Wave
9.1
Avalara
Role-based user permissions
Accounting by Wave
7.9
Avalara

Reporting & Analytics

Accounting by Wave
8.5
Avalara
Dashboards
Accounting by Wave
8.5
Avalara
Standard reports
Accounting by Wave
8.3
Avalara
Custom reports
Accounting by Wave
8.6
Avalara

General Ledger and Configurable Accounting

Accounting by Wave
8.3
Avalara
Accounts payable
Accounting by Wave
8.6
Avalara
Accounts receivable
Accounting by Wave
9.2
Avalara
Cash management
Accounting by Wave
8.1
Avalara
Bank reconciliation
Accounting by Wave
7.9
Avalara
Expense management
Accounting by Wave
8.6
Avalara
Time tracking
Accounting by Wave
7.5
Avalara
Fixed asset management
Accounting by Wave
6.8
Avalara
Multi-currency support
Accounting by Wave
8.3
Avalara
Multi-division support
Accounting by Wave
7.4
Avalara
Regulations compliance
Accounting by Wave
7.3
Avalara
Electronic tax filing
Accounting by Wave
6.0
Avalara
Self-service portal
Accounting by Wave
8.9
Avalara
Global Financial Support
Accounting by Wave
9.0
Avalara
Primary and Secondary Ledgers
Accounting by Wave
9.3
Avalara
Intercompany Accounting
Accounting by Wave
8.6
Avalara
Localizations
Accounting by Wave
9.5
Avalara
Journals and Reconciliations
Accounting by Wave
8.2
Avalara
Enterprise Accounting
Accounting by Wave
8.7
Avalara
Configurable Accounting
Accounting by Wave
8.7
Avalara
Centralized Rules Framework
Accounting by Wave
9.0
Avalara
Standardized Processes
Accounting by Wave
8.1
Avalara

Inventory Management

Accounting by Wave
8.9
Avalara
Inventory tracking
Accounting by Wave
9.5
Avalara
Automatic reordering
Accounting by Wave
8.0
Avalara
Location management
Accounting by Wave
9.0
Avalara
Manufacturing module
Accounting by Wave
9.0
Avalara

Order Management

Accounting by Wave
8.0
Avalara
Pricing
Accounting by Wave
8.3
Avalara
Order entry
Accounting by Wave
8.4
Avalara
Credit card processing
Accounting by Wave
9.1
Avalara
Cost of goods sold
Accounting by Wave
8.8
Avalara
Order Orchestration
Accounting by Wave
8.0
Avalara
End-to-end order visibility
Accounting by Wave
5.5
Avalara
Order exception Resolution
Accounting by Wave
8.0
Avalara

Accounting Firm BPO Features

Accounting by Wave
8.0
Avalara
Branded client dashboards
Accounting by Wave
8.0
Avalara
Client data roll-up capabilities
Accounting by Wave
8.0
Avalara
Client data consolidation for benchmarking
Accounting by Wave
7.5
Avalara
Configurable alerts
Accounting by Wave
8.0
Avalara
Billing bypass
Accounting by Wave
8.0
Avalara
Client template cloning
Accounting by Wave
8.0
Avalara
Single sign-on
Accounting by Wave
9.0
Avalara
Configurable client onboarding questions
Accounting by Wave
8.0
Avalara
Cross-client workflow management
Accounting by Wave
8.0
Avalara
Industry-specific versioning
Accounting by Wave
8.0
Avalara
Legacy system data migration
Accounting by Wave
8.0
Avalara

Type of tax

Accounting by Wave
Avalara
8.0
Sales and Use Taxes
Accounting by Wave
Avalara
8.6
Cross-border Taxes
Accounting by Wave
Avalara
7.6
VAT / GST Taxes
Accounting by Wave
Avalara
7.3
Energy and Fuel Taxes
Accounting by Wave
Avalara
8.7

Tax Reporting & Compliance

Accounting by Wave
Avalara
8.4
Geolocation for Tax Assessment
Accounting by Wave
Avalara
8.9
3rd-Party Software Integrations
Accounting by Wave
Avalara
7.8
Tax Data Reporting
Accounting by Wave
Avalara
8.4
Compliance Administration Management
Accounting by Wave
Avalara
8.6
Tax Exemption Processing
Accounting by Wave
Avalara
8.6
Tax Document Management
Accounting by Wave
Avalara
8.6
Complex Tax Scenario Management
Accounting by Wave
Avalara
7.8

Pros

Accounting by Wave

  • Invoices are so easy to execute. Whether they are one-off or recurring, fixed or variable, single item or multiple line entries, they come out looking professional, polished and they get sent without any fuss. Put your client's info on them, add your logo, describe the services, add notes, set due dates, etc. all without cracking an abacus.
  • It's a little thing but I love how the estimates feature integrates with Invoices. You start by making an estimate for a client, with a defined expiry date. Once they accept, you can convert that estimate immediately into an Invoice and set it up to send.
  • Built-in payment processing is great. I don't have to worry about Paypal or Stripe or anything, Wave just handles my client's credit cards so I don't have to do a thing. They even have recurring billing for my retainer clients!
J.P. VanderLinden profile photo

Avalara

  • The respond to notices that are received timely
  • The tax calculation appears seamless
  • I like having the returns and confirmation of filing saved in archives
Theresa Whalen profile photo

Cons

Accounting by Wave

  • Not too much to complain about with Wave although I do wish they kept an audit trail of all invoice reminders sent, changes in the invoice, and have the ability to pull reports with this data. This functionality would be great to review clients as a whole to determine profitability and time spent with these clients.
  • 9% processing fees for all cards which is a bit higher than some of the competitors like Blue Pay. The pro to this though is there's no monthly commitment or monthly service fees.
Matthew Gehrman profile photo

Avalara

  • Implementation and support could use some updating with their recent expansion.
  • Pricing could be better suited for each customer.
  • More dedicated partner resources across different departments.
Kevin Hughes profile photo

Likelihood to Renew

Accounting by Wave

Accounting by Wave 7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris profile photo

Avalara

Avalara 8.8
Based on 11 answers
Avalara has cut down on some of the processing time need to file the returns
Andrea Campbell profile photo

Usability

Accounting by Wave

Accounting by Wave 5.3
Based on 4 answers
I am a professional bookkeeper and I have no problems using Wave and all of it's features. I can see that certain individuals who have no accounting knowledge might struggle with a few different features and entries, but that is why Wave has an emphasis in connecting users to Wave Pro's who will walk them through things
Melissa Whaley profile photo

Avalara

Avalara 8.5
Based on 194 answers
Avalara makes complicated taxes simple by providing us with the correct rates.
Reginald Wasson profile photo

Reliability and Availability

Accounting by Wave

Accounting by Wave 6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen profile photo

Avalara

Avalara 7.3
Based on 2 answers
No answer on this topic is available.

Performance

Accounting by Wave

Accounting by Wave 2.9
Based on 2 answers
Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
Melissa Whaley profile photo

Avalara

Avalara 7.7
Based on 2 answers
No answer on this topic is available.

Support

Accounting by Wave

Accounting by Wave 9.0
Based on 1 answer
If they had live chat service then I'd rate this a 10.
Matthew Gehrman profile photo

Avalara

Avalara 6.0
Based on 5 answers
I have not had to call the Avalara support, I can't really say what my experience has been
Andrea Campbell profile photo

Online Training

Accounting by Wave

Accounting by Wave 4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen profile photo

Avalara

No score
No answers yet
No answers on this topic

Implementation

Accounting by Wave

No score
No answers yet
No answers on this topic

Avalara

Avalara 7.5
Based on 186 answers
I was not around during implementation, but have had no issues and heard of no issues with the setup.
Catherine Roggenbuck profile photo

Alternatives Considered

Accounting by Wave

Wave is better in being my one place to go for collecting payments. PayPal is nice if you're on the road collecting payments through their app and using PayPal Here, but if you would like to keep invoicing in the same place as your bookkeeping, I think Wave is a better-integrated solution.
Carl Grivakis profile photo

Avalara

RSM already had a connector and CCH did not; we were also using RSM for SL2018 implementation.
Kathleen Gage profile photo

Scalability

Accounting by Wave

Accounting by Wave 3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin profile photo

Avalara

Avalara 7.7
Based on 2 answers
No answer on this topic is available.

Return on Investment

Accounting by Wave

  • Automatic bank transaction downloads really speeds up income and expense capture, as well as bank reconciliations.
  • Having a low cost (or in this case free) product encourages clients to use all of the features available without fear of being overcharged
  • The ability for the client to see their data online in real time whenever they want really makes the bookkeeping process much more efficient and transparent.
Eric Matthews profile photo

Avalara

  • I could use an assistant, but could not do my job without Avalara
Christine Jalving profile photo

Screenshots

Accounting by Wave

Pricing Details

Accounting by Wave

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Avalara

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
50.00
Additional Pricing Details

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