Kashoo vs Wave

May 24, 2023 | Author: Michael Stromann
2
Kashoo
Kashoo mobile and online accounting software for small business. Cloud based system for invoicing, expense tracking & bookkeeping. Kashoo is a complete double-entry accounting software solution that you and your accountant will love! Running your business gets a whole lot easier when you can access your books anywhere and anytime.
12
Wave
Half a million customers use Wave's online small business software to do their invoicing, accounting and payroll. Smart cloud apps for smart business owners. Wave makes it easy to be your own boss. Just do what you're good at, and lean on Wave's smart online software for help with invoicing, accounting and payroll.
Kashoo and Wave are both popular accounting software solutions, but they have distinct differences in terms of features and target users. Here are some key differences between Kashoo and Wave:

1. Target Users and Business Size: Kashoo is primarily designed for small businesses and freelancers who need a simple and user-friendly accounting solution. It offers streamlined features and a straightforward interface, making it accessible for users with limited accounting knowledge. Wave, on the other hand, caters to a broader range of businesses, including freelancers, small businesses, and even larger enterprises. Wave offers more comprehensive features, making it suitable for businesses with more complex accounting needs.

2. Features and Functionality: Kashoo provides essential accounting features like invoicing, expense tracking, bank reconciliation, and financial reporting. It focuses on core accounting tasks and offers automation to simplify processes. Wave, in addition to basic accounting features, offers advanced functionalities such as payroll management, inventory tracking, and tax support. It provides a more robust suite of tools to handle various financial aspects of a business.

3. Pricing and Payment Processing: Kashoo offers a subscription-based pricing model, with different plans based on the number of users and features required. It integrates with payment processors like Stripe to facilitate online payments. Wave, on the other hand, follows a freemium model, offering a free version of its software with limited features. It generates revenue through additional paid services like payment processing and payroll.

4. User Interface and Ease of Use: Kashoo has a user-friendly interface that is designed to be intuitive and easy to navigate. It focuses on simplicity and provides a clean and organized layout. Wave also offers a user-friendly interface, but it has a wider range of features, which can make it slightly more complex to navigate for new users.

5. Customer Support: Kashoo offers customer support through email and live chat during business hours. It also provides online resources and tutorials to assist users. Wave offers customer support through email, live chat, and a comprehensive knowledge base. It has a larger support team and offers more extensive resources for users.

See also: Top 10 Online Accounting software
Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com