What users are saying about

Accounting by Wave

Top Rated
96 Ratings

Avalara

Top Rated
187 Ratings

Accounting by Wave

Top Rated
96 Ratings
Score 9 out of 101

Avalara

Top Rated
187 Ratings
Score 7.9 out of 101

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Likelihood to Recommend

Accounting by Wave

Wave is well suited for small businesses looking to have an accounting service that won't hinder profitability. Wave is a great service for a small business owner just starting out and is flexible enough to meet demands of larger businesses. Wave even offers a paid payroll service if needed for any business owner. The ease of use with Wave makes it perfect for non-accountants, and for accountants they have tools available that they are used to seeing with other accounting software.
Lukas Sundahl, MBA profile photo

Avalara

Avalara is well suited for any company that is selling to multiple states
Jodi Pickering profile photo

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
Avalara
Pay calculation
Accounting by Wave
8.4
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
9.1
Avalara
API for custom integration
Accounting by Wave
8.9
Avalara
Plug-ins
Accounting by Wave
9.2
Avalara

Security

Accounting by Wave
8.6
Avalara
Single sign-on capability
Accounting by Wave
9.0
Avalara
Role-based user permissions
Accounting by Wave
8.2
Avalara

Reporting & Analytics

Accounting by Wave
8.5
Avalara
Dashboards
Accounting by Wave
8.4
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
8.2
Avalara
Accounts payable
Accounting by Wave
8.4
Avalara
Accounts receivable
Accounting by Wave
9.1
Avalara
Cash management
Accounting by Wave
8.1
Avalara
Bank reconciliation
Accounting by Wave
7.8
Avalara
Expense management
Accounting by Wave
8.5
Avalara
Time tracking
Accounting by Wave
7.3
Avalara
Fixed asset management
Accounting by Wave
5.2
Avalara
Multi-currency support
Accounting by Wave
8.6
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
9.1
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
8.7
Avalara
Localizations
Accounting by Wave
9.5
Avalara
Journals and Reconciliations
Accounting by Wave
8.4
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
7.9
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
7.8
Avalara
Pricing
Accounting by Wave
8.1
Avalara
Order entry
Accounting by Wave
8.0
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
4.7
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

Pros

  • Separates tasks by name for billing
  • Reminders of invoices coming due and notices of any overdue
  • Calculates payment amount due depending on the information you previously set up
  • Saves time
  • Makes freelancing financials painless
Torrey Holman profile photo
  • In most cases, Avatax's general tax application catches the general intent of each state's tax rules. No small task. But in those unique and difficult to configure situations where something special applies, we have the ability to set up special rules that apply to our particular company. That has been a huge help to our company.
  • The range of tax codes that are pre-configured is awesome. We can always find the appropriate code for the product or services we are providing.
  • Accuracy and granularity of calculations detail are wonderful. It is so easy to see exactly what tax has been applied to each line item of an invoice as well as when something is exempted by either customer certificate (AvaCerts is a must) or a tax code.
Janet Pahls profile photo

Cons

  • I've not run into anything as of yet I'd like to see improved or added
Torrey Holman profile photo
  • I have only had one issue with a customer service rep that was out of the country, so I would say providing help from the country you reside in
Jodi Burkett profile photo

Likelihood to Renew

Accounting by Wave7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris profile photo
Avalara8.2
Based on 3 answers
Avalara has cut down on some of the processing time need to file the returns
Andrea Campbell profile photo

Usability

Accounting by Wave5.3
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
Avalara7.8
Based on 94 answers
I had minimal training and found it easy to navigate within the program to find what I needed. Avalara's support team has also been a great resource.
Jodi Burkett profile photo

Reliability and Availability

Accounting by Wave6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen profile photo
No score
No answers yet
No answers on this topic

Performance

Accounting by Wave2.9
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
No score
No answers yet
No answers on this topic

Support

Accounting by Wave9.0
Based on 1 answer
If they had live chat service then I'd rate this a 10.
Matthew Gehrman profile photo
Avalara4.5
Based on 1 answer
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 Wave4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen profile photo
No score
No answers yet
No answers on this topic

Implementation

No score
No answers yet
No answers on this topic
Avalara6.9
Based on 88 answers
Not applicable, was not involved with the implementation.
Sal Falcone profile photo

Alternatives Considered

I was never able to figure out Gnu cash so I had to mostly use excel, until I found Wave
Torrey Holman profile photo
TaxJar is for smaller businesses. Our business and amount of transactions were not a fit
Mary Beth Arnold profile photo

Rating for Public Practice CPAs

Accounting by Wave8.0
Based on 8 answers
I rated the software an 7 due to its ease of use. It would be rated higher, but I consider this to be a niche product instead of a go to product for all clients. This is the software to use if you want an inexpensive entry level software for an owner managed business.
Randy O'Malley profile photo
No score
No answers yet
No answers on this topic

Scalability

Accounting by Wave3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin profile photo
No score
No answers yet
No answers on this topic

Return on Investment

  • Keeps me up to date for taxing purposes
Torrey Holman profile photo
  • Help us be more tax compliant.
Li Reeve 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

Accounting by Wave More Information

Avalara

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

Avalara More Information