Home/Accounting Software/Wave vs ZarMoneyUpdated on: April 19, 2024

Compare Wave vs ZarMoney

96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Wave
Wave Accounting Software (2631 Ratings)
84% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
94% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Zoho Books
Zoho Books Accounting Software (1112 Ratings)
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96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Wave

Wave

Accounting Software (2631 Ratings)
84% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
94% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Zoho Books

Zoho Books

Accounting Software (1112 Ratings)
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Overview

Summary

An accounting software meant to provide various accounting services to small scale businesses with professional expertise and quality. Wave provides services like Invoicing, Accounting and Receipt scanning without charging a penny to its clients, whereas, features like Payments, Payroll and all the other features that a company might be looking for in an online accounting software are provided at very affordable price. If used efficiently, it can help a company save a lot of money on its accounting activities. This is a very good option for any small business looking for an online solution to handle accounts. ..show more

ZarMoney is a robust accounting and online bookkeeping solution for businesses of all sizes. This platform helps organizations maintain and streamline their finances along with inventory in an effortless way, fostering growth. It delivers a host of powerful features that ensure businesses thrive by automating busywork. Customers and Account Receivables facility help brands create and send invoices in an instant. Also, a convenient "pay now" option lets customers pay directly via invoices to save time. Businesses also get to provide accurate estimates and quotes online using product-wise predefined parameters and a dedicated dashboard as per their individual needs. Moreover, ZarMoney makes payments easy by enhancing transaction processes. Businesses get to manage bills and expenses, track purchase orders, print checks all from one platform. Detailed analytics and customizable reports enable organizations to manage their profits and losses, take care of balance sheets and extract profound insights, facilitating real-time improvement and growth. ..show more

Zoho Books is a simple and affordable accounting software that specializes in keeping a detailed track of the cash flow of your business and helping you track your expenses and income. The software also provides you with multi-currency features that is helpful for an organization making transactions in multiple currencies across the globe. Zoho Books also offers professional invoice services along with a tax filing portal that allows you to directly file your returns. The software also provides other accounting services like Bank Reconciliation, and handling your general and accounts, letting you concentrate more on the core activities. ..show more

Features

Accounts Payable Handling the money owed by a business to its suppliers.

Accounts Receivable Handling the money the client owes to the company.

Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Billing and Invoicing This feature helps in issuing and handling the invoice and bills.

CPA Firms Offers collaboration with a professional expert for financial and consulting services.

Cash Management Collection and management of cash.

Collections Recovery of cash from a business or individual.

Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

General Ledger Maintaining and recording all the accounting related transactions.

Multi-Currency Enables payment and collection in multiple currencies.

Payroll Handling the salary payable to the employees

Project Accounting Creation of financial reports specifically designed to track the financial progress of projects

Purchasing Acquiring goods or services required for the business at minimal cost

Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for

Spend Management Managing the expenditure of a business in order to build its product or services

Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Ontario, Canada

Los Angeles, California

Pleasanton, California / +1 844-316-5544

API

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Free Plan
Free

Features

  • Accounting software
    • Unlimited income and expense tracking
    • Track sales tax on income and expenses
    • Add unlimited partners, collaborators or accountants
    • Fully functional double-entry system. Generate financial statements for year-end
    • Powerful reports on Overdue Invoices & Bills, Cash Flow, Profit & Loss and more
    • Unlimited bank and credit card connections
    • Easily organize income and expenses into tax categories
    • Run multiple businesses in one account
    • Instantly see how your business is performing on your dashboard
  • Receipt scanning
    • Unlimited receipt scanning with our free mobile app
    • Integrate seamlessly with the accounting software by Wave
    • Capture receipts even when you’re offline
    • Say goodbye to paper receipts and spreadsheets
    • Snap a photo of your receipt, we'll automatically fill in the rest
    • Available on Android and iOS
    • Incorporate receipts into your accounting reports
    • Scan multiple receipts all at once
    • No setup fees, monthly fees, or hidden fees
View Price Page
Entrepreneur
$15 /Month

Features

  • 1 User Only
  • Unlimited Transactions
  • Same Features as Small Business
  • U.S. Based Customer-Service
Small Business
$20 /Month

Features

  • Includes 2 Users
  • $10 for Each Additional User
  • Unlimited Transactions
  • U.S. Based Customer-Service
Enterprise
$350 /Month

Starts from $350 per Month

Features

  • 30+ Users
  • Custom Features
  • Specialized Training
  • Dedicated Account Rep
  • Priority Support
View Price Page
Free
Free

<50K USD per annum

For businesses with revenue

Features

  • 1 User + 1 Accountant
  • Manage Clients
  • Manage Invoices (Up to 1,000 per annum)
  • Client Portal
  • Online/Offline Payments
  • Automate Payment Reminders
  • Multi-lingual Invoicing
  • Credit Notes
  • Recurring Invoices
  • Expenses & Mileage Tracking
  • Add Multiple Bank and Credit Card Accounts
  • Import Bank and Credit Card Statements
  • Bank Rules & Reconciliation
  • Chart of Accounts & Sub-accounts
  • Manual Journals
  • Reports
  • Invoice Customization
  • Manage 1099 Contractors
  • Payment Gateways
  • Integrations
    • Zoho Apps
    • Other Apps
  • Support : Email
Standard
$20 /Month

per Organization

Features

  • Invite 3 Users
  • Includes features of Free plan, plus
  • Manage Invoices (Up to 5,000)
  • Recurring Expenses
  • Connect and fetch bank & credit card feeds via bank feeds provider
  • Predefined User Roles
  • Track Project Expenses and Invoice
  • Bulk Updates
  • Transaction Locking
  • Custom Views
  • Custom Fields
  • Reporting Tags
  • Track Sales Tax
  • Payment Gateways
  • Integrations
    • Avalara
    • Zendesk
  • Support : Email, Voice, Chat

Add-ons

  • Users (Add an additional user) : $3 per User per Month
  • Advanced Autoscans : $10 (50 Scans per month)
  • Snail Mails : $2 per credit
Professional
$50 /Month

per Organization

Features

  • Invite 5 Users
  • Includes features of Standard plan, plus
  • Sales Approval
  • Retainer Invoices
  • Bills
  • Payments Made
  • Vendor Credits
  • Recurring Bills
  • Sales Orders
  • Purchase Orders
  • Purchase Approval
  • Multi-currency Handling
  • Automatic Exchange Rates
  • Currency Adjustments
  • Stock Tracking
  • Price Lists
  • Landed Costs
  • Custom Roles
  • Time tracking and billing
  • Timesheet Approvals
  • Timesheet - Client Approvals
  • Retainer Invoices for Projects
  • Project Profitability
  • Journal Templates
  • Recurring Journals
  • Workflow Rules (Up to 10)
  • Email Alerts
  • In-app Notifications
  • Field Updates
  • Support : Email, Voice, Chat
  • Includes features of Add-ons
Premium
$70 /Month

per Organization

Features

  • Invite 10 Users
  • Includes features of Professional plan, plus
  • Custom Domain
  • Vendor Portal
  • Budgeting
  • Custom Buttons
  • Validation Rules
  • Related Lists
  • WebTabs
  • Custom Functions
  • Custom Schedulers
  • Webhooks
  • Workflow Rules (Up to 200)
  • Integrations
    • Zoho Sign
    • Twilio
  • Support : Email, Voice, Chat
  • Includes features of Add-ons
Elite
$150 /Month

$120 Per Organization/Month/Billed Annually

$150 Per Organization/Month/Billed Annually

Features

  • Invite 10 Users
  • Includes everything in Premium +
  • Unlimited Custom Reports
  • Multi-currency Transactions for Each Contact

Advanced Inventory Control

  • Integrate Shopify Stores (Up to 2 stores)
  • Warehouse Management (Up to 5 warehouses)
  • Serial Number Tracking
  • Batch Tracking
  • Print Shipping Label
  • Shipment Tracking

Support

  • Email, Voice, Chat
View Price Page

SCREENSHOTS

Wave Screenshots
View 2 screenshot(s)
ZarMoney Screenshots
Zoho Books Screenshots
View 1 screenshot(s)

INTEGRATIONS

    NA
  • Authorize.Net
  • Stripe Payments
  • Shopify
  • Zapier
  • MailChimp
    NA

ALTERNATIVES

Top alternatives to Wave

Ray by Practo
Ray by Practo
T Sheets
T Sheets
Particle
Particle
Dynamic Signal
Dynamic Signal
Quickbooks
Quickbooks

Top alternatives to ZarMoney

Quickbooks
Quickbooks
Freshbooks
Freshbooks
Xero
Xero
Wave
Wave
FreeAgent
FreeAgent