Wave vs Zoho Books: The Ultimate Comparison
As a business owner, managing finances and organizing data can take up a lot of valuable time. This is where project management software can come in handy. There are many project management software options available in the market, and two popular software are Wave and Zoho Books.
Overview
Wave is a cloud-based accounting software that provides tools for invoicing, accounting, and receipt scanning to small businesses. It offers a free version with features such as unlimited income and expense tracking, receipt scanning, and invoicing. Wave also has a paid version with additional features, such as automatic reminders for late payments, bank connections, and auto-reconciliation of transactions.
Zoho Books, on the other hand, is a cloud accounting software that focuses on invoicing, purchasing, inventory management, and expense tracking for small businesses. It has a free version with features such as invoicing, time-billing, and expense tracking. Zoho Books also has a paid version with additional features, such as inventory management, purchase order creation, and project billing.
Pricing
When it comes to pricing, both software have a free version that provides basic features. For additional features, both have paid versions at different price points.
Wave's paid version starts at $20 per month and includes features such as bank connections, auto-reconciliation of transactions, and automatic reminders for late payments.
Zoho Books' paid version starts at $9 per month and includes features such as purchase order creation, project billing, and inventory management.
Features
The two software have many features in common, such as invoicing, expense tracking, and receipt scanning. However, there are some features that are unique to each software.
Wave provides features such as payroll services, multiple currency tracking, and advanced reporting. On the other hand, Zoho Books provides features such as purchase order creation, project billing, and inventory management.
User Interface
In terms of user interface, Wave has a clean and simple design that is easy to navigate. It does not overwhelm the user with too many options, making it ideal for small businesses.
Zoho Books also has a clean design but offers more options for customization, making it more suitable for larger businesses.
Customer Support
Both software options provide customer support via email and chat, but Zoho Books also offers phone support.
Conclusion
In conclusion, both Wave and Zoho Books are great options for small businesses looking for project management software. If you are looking for a software that focuses on accounting and offers additional features such as advanced reporting and payroll services, then Wave might be the right fit for you. On the other hand, if you are looking for a software that offers inventory management and project billing, then Zoho Books might be the better choice.
You can try both software options for free before deciding which one to use.