What users are saying about
146 Ratings
18 Ratings
146 Ratings
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Score 6.6 out of 100
18 Ratings
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Score 8.5 out of 100

Likelihood to Recommend

Wave Accounting

Wave Accounting was used for a small practice without a lot of the accounting considerations a large company would have. For the price, you really can't beat what Wave offers out of the box. All of the basic tools for things like invoicing and expenses are all easy to use. End of year accounting is easy with exports of data.
Anonymous | TrustRadius Reviewer

ZipBooks

ZipBooks is really strong for small businesses (and non-profits like the ones I help manage). It may not yet be ready to handle medium or large businesses given the deep, niche functionality that is sometimes required in those cases.
Dave Grow | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Wave Accounting
7.0
ZipBooks
Pay calculation
Wave Accounting
7.5
ZipBooks
Benefit plan administration
Wave Accounting
7.5
ZipBooks
Direct deposit files
Wave Accounting
4.9
ZipBooks
Salary revision and increment management
Wave Accounting
7.7
ZipBooks
Reimbursement management
Wave Accounting
7.4
ZipBooks

Customization

Wave Accounting
8.0
ZipBooks
9.1
API for custom integration
Wave Accounting
9.1
ZipBooks
9.1
Plug-ins
Wave Accounting
7.0
ZipBooks
9.1

Security

Wave Accounting
7.7
ZipBooks
9.5
Single sign-on capability
Wave Accounting
8.4
ZipBooks
9.7
Role-based user permissions
Wave Accounting
7.1
ZipBooks
9.3

Reporting & Analytics

Wave Accounting
6.8
ZipBooks
10.0
Dashboards
Wave Accounting
5.9
ZipBooks
10.0
Standard reports
Wave Accounting
5.8
ZipBooks
10.0
Custom reports
Wave Accounting
8.7
ZipBooks

General Ledger and Configurable Accounting

Wave Accounting
5.6
ZipBooks
8.8
Accounts payable
Wave Accounting
5.7
ZipBooks
Accounts receivable
Wave Accounting
5.8
ZipBooks
8.0
Cash management
Wave Accounting
5.6
ZipBooks
Bank reconciliation
Wave Accounting
4.6
ZipBooks
8.0
Expense management
Wave Accounting
6.6
ZipBooks
10.0
Time tracking
Wave Accounting
3.8
ZipBooks
9.0
Fixed asset management
Wave Accounting
1.7
ZipBooks
Multi-currency support
Wave Accounting
6.9
ZipBooks
9.1
Multi-division support
Wave Accounting
7.1
ZipBooks
Regulations compliance
Wave Accounting
6.8
ZipBooks
Electronic tax filing
Wave Accounting
5.9
ZipBooks
Self-service portal
Wave Accounting
3.8
ZipBooks
Global Financial Support
Wave Accounting
9.0
ZipBooks
Primary and Secondary Ledgers
Wave Accounting
9.0
ZipBooks
Intercompany Accounting
Wave Accounting
8.0
ZipBooks
Localizations
Wave Accounting
5.2
ZipBooks
Journals and Reconciliations
Wave Accounting
5.4
ZipBooks
Enterprise Accounting
Wave Accounting
4.7
ZipBooks
Configurable Accounting
Wave Accounting
5.7
ZipBooks
Centralized Rules Framework
Wave Accounting
1.2
ZipBooks
Standardized Processes
Wave Accounting
4.7
ZipBooks

Inventory Management

Wave Accounting
8.1
ZipBooks
Inventory tracking
Wave Accounting
5.6
ZipBooks
Automatic reordering
Wave Accounting
9.9
ZipBooks
Location management
Wave Accounting
8.1
ZipBooks
Manufacturing module
Wave Accounting
9.0
ZipBooks

Order Management

Wave Accounting
7.1
ZipBooks
9.2
Pricing
Wave Accounting
8.3
ZipBooks
Order entry
Wave Accounting
7.2
ZipBooks
Credit card processing
Wave Accounting
5.3
ZipBooks
10.0
Cost of goods sold
Wave Accounting
7.9
ZipBooks
8.5
Order Orchestration
Wave Accounting
5.8
ZipBooks
End-to-end order visibility
Wave Accounting
8.2
ZipBooks
Order exception Resolution
Wave Accounting
7.1
ZipBooks

Pros

Wave Accounting

  • Reconciliation is very difficult with multiple Wave transactions that need to be deleted or merged before it can be matched to a bank transaction.
  • Payroll worked fine for us but took several days to get it set up. We have switched to another bookkeeping system and another payroll system. Canceling with Wave took several days and they charge $6 for something even though the month was paid for in advance.
  • Credit card processing is nice and worked fine for us.
Harry Abell | TrustRadius Reviewer

ZipBooks

  • Invoicing is particularly easy-to-use, quick, clean and beautiful. GREAT for branding.
  • The time tracker was unexpected, but very useful and integrates well with the invoicing. Leads to quick invoicing every time.
  • Customer support is phenomenal -- the support staff is friendly and helpful.
  • Although they are a new company, they are definitely on the right track!
  • I recommend this software to clients, colleagues, and friends alike, mostly for it quick and beautiful invoicing.
  • They do what they can to live up to their name! It doesn't take very long to get set up, or very long to create a complete invoice and send it to the right person.
Diego Lucero | TrustRadius Reviewer

Cons

Wave Accounting

  • I know that credit card processing is a way for Wave to make money, but I really wish they offered ACH payment on Invoices.
  • I do cash-based accounting, which means I have to make little journal entries at the start and end of each year to get my books to balance because Wave wants to do everything differently. This should just be a setting to flip, whether you want cash-based or accrual-based.
  • They use Yodlee for bank connection, which doesn't play nice with 2FA. Pretty much every time I log in I have to re-enter credentials, get a code sent to me, reauthenticate, and know that I'm going to have to do it again next week. Not really on Wave, but wish they could get it together nonetheless.
J.P. VanderLinden | TrustRadius Reviewer

ZipBooks

  • 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 | TrustRadius Reviewer

Likelihood to Renew

Wave Accounting

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

ZipBooks

No score
No answers yet
No answers on this topic

Usability

Wave Accounting

Wave Accounting 5.6
Based on 11 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 | TrustRadius Reviewer

ZipBooks

No score
No answers yet
No answers on this topic

Reliability and Availability

Wave Accounting

Wave Accounting 6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen | TrustRadius Reviewer

ZipBooks

No score
No answers yet
No answers on this topic

Performance

Wave Accounting

Wave Accounting 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 | TrustRadius Reviewer

ZipBooks

No score
No answers yet
No answers on this topic

Support Rating

Wave Accounting

Wave Accounting 4.9
Based on 9 answers
I've only had to reach out to support once and they were quick to respond and offered valuable insight to resolve my issue quickly. The team is knowledgeable and if the person you're dealing with doesn't have an answer for you, they get back to you quickly with an answer. It was clear that the support team is genuinely concerned about users making the most of the software.
Anonymous | TrustRadius Reviewer

ZipBooks

No score
No answers yet
No answers on this topic

Online Training

Wave Accounting

Wave Accounting 4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen | TrustRadius Reviewer

ZipBooks

No score
No answers yet
No answers on this topic

Alternatives Considered

Wave Accounting

Wave is FREE for most functions. Payment processing costs no matter where you go (as does payroll or taxes). Wave rises above tools like QuickBooks Online because they know that for our small firm, being nimble is the name of the game. We don't need exhaustive reporting and management like QB offers and we certainly don't want to pay for it
Anonymous | TrustRadius Reviewer

ZipBooks

I've primarily compared ZipBooks vs. Quickbooks because I've used Quickbooks at larger companies before. ZipBooks was the right fit for a smaller organization because it still had all the core features of Quickbooks but at a dramatically lower price that fits the budget.
Dave Grow | TrustRadius Reviewer

Scalability

Wave Accounting

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

ZipBooks

No score
No answers yet
No answers on this topic

Return on Investment

Wave Accounting

  • Wave has been ROI positive for our company. With not having to pay for the service we can use our money for growing our business.
  • The fees on credit card transactions for invoices are reasonable especially as we don't pay a monthly subscription.
  • The invoicing feature has made our lives easier for us and our customers. The invoicing piece and AR tracking has been ROI positive as well.
Lukas Sundahl, MBA | TrustRadius Reviewer

ZipBooks

  • ZipBooks is entirely affordable, and with my current $15/mo payments, I get ROI pretty quickly.
  • Invoices are simple and easy to make, while staying beautiful and functional at the same time. This saves me TIME, which means that I don't need to spend 15-20 minutes fiddling with the software to make it do what I want it to do. It just works. And that means, I can spend more time doing client work, and managing projects and sales.
Diego Lucero | TrustRadius Reviewer

Screenshots

Pricing Details

Wave Accounting

General

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

Wave Accounting Editions & Modules

Additional Pricing Details

ZipBooks

General

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

ZipBooks Editions & Modules

Edition
ZipBooks Starter$0
ZipBooks Smarter$15
ZipBooks Sophisticated$35
ZipBooks AccountantCustom
  1. none
Additional Pricing Details

Rating Summary

Likelihood to Recommend

Wave Accounting
5.1
ZipBooks
9.0

Likelihood to Renew

Wave Accounting
7.8
ZipBooks

Usability

Wave Accounting
5.6
ZipBooks

Reliability and Availability

Wave Accounting
6.7
ZipBooks

Performance

Wave Accounting
2.9
ZipBooks

Support Rating

Wave Accounting
4.9
ZipBooks

Online Training

Wave Accounting
4.7
ZipBooks

Scalability

Wave Accounting
3.0
ZipBooks

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