What users are saying about

Accounting by Wave

Top Rated
97 Ratings

ZipBooks

11 Ratings

Accounting by Wave

Top Rated
97 Ratings
Score 9 out of 101

ZipBooks

11 Ratings
Score 8.8 out of 101

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Likelihood to Recommend

Accounting by Wave

I have recommended it to many small businesses because first off, it works. Setup and daily use it is easy. There is no cost outside of any payment transaction processing fees. You can probably find lower fees, but they are not out of line with other services.
No photo available

ZipBooks

Small businesses are well suited for this software, as their pricing is very affordable. they have a FREE FOREVER Starter plan, for those that are bootstrapped with little cash. I'm on the $15/mo Smarter Plan, and it's perfect for my little boutique agency's needs.
Diego Lucero profile photo

Feature Rating Comparison

Payroll Management

Accounting by Wave
7.9
ZipBooks
Pay calculation
Accounting by Wave
8.4
ZipBooks
Benefit plan administration
Accounting by Wave
7.5
ZipBooks
Direct deposit files
Accounting by Wave
8.0
ZipBooks
Salary revision and increment management
Accounting by Wave
7.7
ZipBooks
Reimbursement management
Accounting by Wave
8.0
ZipBooks

Customization

Accounting by Wave
9.1
ZipBooks
9.1
API for custom integration
Accounting by Wave
8.9
ZipBooks
9.1
Plug-ins
Accounting by Wave
9.2
ZipBooks
9.1

Security

Accounting by Wave
8.6
ZipBooks
9.5
Single sign-on capability
Accounting by Wave
9.0
ZipBooks
9.7
Role-based user permissions
Accounting by Wave
8.2
ZipBooks
9.3

Reporting & Analytics

Accounting by Wave
8.5
ZipBooks
8.6
Dashboards
Accounting by Wave
8.4
ZipBooks
8.5
Standard reports
Accounting by Wave
8.3
ZipBooks
8.8
Custom reports
Accounting by Wave
8.6
ZipBooks

General Ledger and Configurable Accounting

Accounting by Wave
8.2
ZipBooks
9.0
Accounts payable
Accounting by Wave
8.4
ZipBooks
Accounts receivable
Accounting by Wave
9.1
ZipBooks
9.4
Cash management
Accounting by Wave
8.1
ZipBooks
Bank reconciliation
Accounting by Wave
7.8
ZipBooks
Expense management
Accounting by Wave
8.5
ZipBooks
9.4
Time tracking
Accounting by Wave
7.3
ZipBooks
8.2
Fixed asset management
Accounting by Wave
5.2
ZipBooks
Multi-currency support
Accounting by Wave
8.6
ZipBooks
9.1
Multi-division support
Accounting by Wave
7.4
ZipBooks
Regulations compliance
Accounting by Wave
7.3
ZipBooks
Electronic tax filing
Accounting by Wave
6.0
ZipBooks
Self-service portal
Accounting by Wave
9.1
ZipBooks
Global Financial Support
Accounting by Wave
9.0
ZipBooks
Primary and Secondary Ledgers
Accounting by Wave
9.3
ZipBooks
Intercompany Accounting
Accounting by Wave
8.7
ZipBooks
Localizations
Accounting by Wave
9.5
ZipBooks
Journals and Reconciliations
Accounting by Wave
8.4
ZipBooks
Enterprise Accounting
Accounting by Wave
8.7
ZipBooks
Configurable Accounting
Accounting by Wave
8.7
ZipBooks
Centralized Rules Framework
Accounting by Wave
9.0
ZipBooks
Standardized Processes
Accounting by Wave
7.9
ZipBooks

Inventory Management

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

Order Management

Accounting by Wave
7.8
ZipBooks
9.0
Pricing
Accounting by Wave
8.1
ZipBooks
Order entry
Accounting by Wave
8.0
ZipBooks
Credit card processing
Accounting by Wave
9.1
ZipBooks
9.6
Cost of goods sold
Accounting by Wave
8.8
ZipBooks
8.5
Order Orchestration
Accounting by Wave
8.0
ZipBooks
End-to-end order visibility
Accounting by Wave
4.7
ZipBooks
Order exception Resolution
Accounting by Wave
8.0
ZipBooks

Accounting Firm BPO Features

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

Pros

  • tracks and categorizes financial transactions with a direct link to bank accounts and credit cards - helpful since there is no manual input outside of verifying that a category is correct
  • easily creates invoices without the need to input customer information more than once. you can also send directly from the platform and toggle the option to accept credit card and ACH payments
  • creates financial reports with ease
Kristy Nittskoff profile photo
  • Three are three main strengths to zipbooks, number one for us is the inclusiveness yet simplicity.
  • Number two and a very strong point with Zipbooks is the quick ease of customer support.
  • The third point that sells us on Zipbooks is its price point for the service.
Kenneth Shumaker profile photo

Cons

  • connection to bank sometimes lags - you can refresh the connection but it takes a minute or two to update
  • sometimes invoices are categorized as sales versus consulting income - you really have to look and change it to the appropriate income account. once an invoice is recorded as paid, you can change the income account
  • Wave has a tendency of not accepting a saved password, forcing users to reset a password that is knowingly valid. Using Single Sign On eliminates this but it's still annoying.
Kristy Nittskoff profile photo
  • There is some difficulty with a need to learn the use of the menus, they are not open and click, at the moment, the user needs to open the menu then using the pad keys scroll down and use enter to select from the drop-down menu. A mouse does not work.
Kenneth Shumaker 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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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

Alternatives Considered

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
ZipBooks is a much cleaner, easier to use software.
Steve Fisher 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
  • I don't have a ROI for the use of Zipbooks though it has helped greatly with organizing for taxes. Our economy here has been so volatile for three years with deep dips down, that no software can aid in support the financial health other than to track the expenses and income and watch the balance to observe.
Kenneth Shumaker 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
Accounting by Wave Editions & Modules
Accounting by Wave
Additional Pricing Details

ZipBooks

General
Free Trial
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
ZipBooks Editions & Modules
ZipBooks
Edition
ZipBooks
$01
1. Unlimited
Additional Pricing Details