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Compare AccountsIQ vs Wave

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Wave - Accounting Software
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Overview

Description

Unlock the full potential of your business with AccountsIQ Financial Management Software. This powerful cloud-based accounting solution streamlines financial processes, reporting, and data ... Read More

With Wave, small businesses have access to professional accounting services without any cost. It offers Invoicing, Accounting, and Receipt scanning for free, while its affordable packages ... Read More

Free Trial Availability
  • No free trial
  • No free trial
Spotsaas Score

8.4/10

9.6/10

User Ratings

4.8

(36)

3.6

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Software Demo

Demo

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Features

Total Features

14 Features

21 Features

Unique Features
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      Other Details

      Organization Types supported
      • Individuals
      • Freelancers
      • Medium Business
      • Small Business
      • Large Enterprises
      • Individuals
      • Freelancers
      • Medium Business
      • Small Business
      • Large Enterprises
      Platforms Supported
      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Installed - Windows
      • Installed - Mac
      • Browser Based (Cloud)
      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Installed - Windows
      • Installed - Mac
      • Browser Based (Cloud)
      Modes of support
      • 24/7 (Live rep)
      • Business Hours
      • Online
      • 24/7 (Live rep)
      • Business Hours
      • Online
      API Support
      • Available
      • Available
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      User Reviews

      User Ratings

      No reviews available for the product

      Rating Distribution

      Excellent

      48

      Very Good

      8

      Good

      4

      Poor

      0

      Terible

      0

      No reviews available for the product

      Expert's Review generated by AI

      AccountsIQ has proven to be a versatile and efficient accounting solution that appeals to a wide range of businesses, particularly those managing multiple entities or requiring robust ...Read more

      Wave Accounting presents itself as a convenient and accessible financial management tool, particularly for freelancers and small businesses. Its user-friendly interface and free basic accounting ...Read more

      Pros and Cons
      • Automates repetitive tasks like VAT calculations, payroll, and invoice generation, enhancing efficiency.

      • User-friendly interface that is intuitive and easy to navigate, even for non-technical users.

      • Strong consolidation features for group companies, including multi-tier consolidations and intercompany postings.

      • Excellent reporting capabilities, with features like Excel integration and multi-dimensional analysis using BI codes.

      • Simplifies bank reconciliation with automated transaction pulls and accurate cash tracking.

      • Implementation and onboarding require training, which can be time-consuming for new users.

      • Some features, like bank reconciliation and report functions, occasionally experience glitches.

      • Limited customization of certain features, like invoice layouts, prepayment modules, and report parameters.

      • Provides free accounting tools and features, making it an accessible option for small businesses and freelancers with tight budgets.

      • Easy to use, intuitive interface that simplifies invoicing, expense tracking, and recurring billing for users without an accounting background.

      • Automates key accounting tasks such as bank reconciliations, recurring invoices, and transaction categorization, saving time and effort.

      • Allows seamless integration with bank accounts and imports transactions efficiently, streamlining financial tracking.

      • Offers useful features like cash flow reports, profit and loss statements, and year-round tax preparation assistance.

      • Poor customer service with slow response times, limited availability, and insufficient support, especially for non-paying users.

      • Issues with payment processing, such as funds being withheld, accounts being frozen, or payouts being delayed without clear explanations.

      • Frustrating problems with bank syncing and duplication of transactions, causing significant operational delays.

      Positive Reviews

      No reviews available for the product

      No reviews available for the product

      Negative Reviews

      No reviews available for the product

      No reviews available for the product

      Integrations

      Integration with other apps

      No Integration information available.

      Customers

      Customers

      No Customers information available.

      Courtright

      Courtright

      Cody Duncan Photography

      Cody Duncan Photography

      Orhtris

      Orhtris

      Media and Screenshots

      Screenshots
      AccountsIQ

      4 Screenshots

      Transaction

      2 Screenshots

      Videos
      video-0

      3 Videos

      video-0

      3 Videos

      Alternatives

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      Frequently Asked Questions (FAQs)

      Stuck on something? We're here to help with all the questions and answers in one place.

      Neither AccountsIQ nor Wave offers a free trial.

      AccountsIQ is designed for Large Enterprises, Medium Business and Small Business.

      Wave is designed for Freelancers and Small Business.

      Pricing details for both AccountsIQ and Wave are unavailable at this time. Contact the respective providers for more information.

      Some top alternatives to AccountsIQ includes Quickbooks, Xero, Freshbooks, Sage Accounting (Sage One), Zoho Books, QuickFile, AccountingSuite, Reporter Software, QuickBooks Desktop Enterprise, Denario, Wave, NetSuite and Sage Intacct.

      Some top alternatives to Wave includes Quickbooks, Xero, Freshbooks, Sage Accounting (Sage One), Zoho Books, FreeAgent, TimePay, QuickFile, Reach Accountant, Qonto, Invoiced, QuickBooks Payroll and WavePayroll.

      Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].