Very Affordable Accounting Software
January 29, 2020
Very Affordable Accounting Software
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Wave Accounting
The cool thing about Wave Accounting is that there is no cost to use their accounting software. Wave Accounting is very similar to QuickBooks Online without the monthly cost. Wave Accounting is an online accounting software that is pretty easy to use. If you have a basic accounting understanding then it should be no problem for you to set up your company and start using this software to manage your business finances. You can link all of your bank accounts to this including credit cards so that it will import all of your transactions and all you have to do is assign the transactions to the correct account. This accounting software is great because it is completely online which means that you can access it anywhere you have a laptop and the internet.
- Very affordable.
- Easy to use!
- Connection issues with bank accounts and credit card accounts
- Learning curve to understanding the accounting software is large.
- Very affordable software!
- Completely based online so it doesn't take up any space.
Wave Accounting is very similar to QuickBooks Online. The functions of Wave Accounting are very similar to QuickBooks Online. The major difference is that with the low pricing of Wave Accounting, it lacks all of the bells and whistles that QuickBooks Online has like better-improved bank connections. If cost is an issue then my recommendation is that you use Wave Accounting to start with. If cost is not an issue, then I would recommend using QuickBooks Online. Wave Accounting is difficult to set up especially if you do not have any accounting experience. QuickBooks Online, however, is designed to help those that lack accounting skills. Overall, I like using Wave Accounting because of the affordability but it does have its pain points.