![]() ![]() This can be problematic if your financial team includes multiple people. Wave’s software is designed for use by a single user. ![]() QuickBooks does offer more budget-friendly options, but their most extensive features are limited to higher-tier plans. QuickBooks does not feature a free-to-use program- all their offerings from QuickBooks Self and QuickBooks Essentials to QuickBooks Pro require a monthly subscription. Wave’s basic package is free, and you pay monthly fees for programs like Wave Payroll, pay-per-use fees for Wave payments, and additional fees if you decide to work with a Wave advisor. Its robust inventory accounting and project accounting features can help make running your business much easier, especially if you have inventory to keep track of. No matter what your business’s needs are, QuickBooks has a feature for you. QuickBooks’ reputation as a reputable and reliable program is well-earned. It offers a basic array of features and none of the added bells and whistles that may complicate using the program for a new business owner. ![]() Wave is a solid accounting program for small businesses looking for a free platform to keep their finances in order. Regardless, if you need immediate assistance with a problem, QuickBooks makes it easy to find a solution. However, some plans have greater access to these features than you would get from the base plans. QuickBooks offers the above, as well as phone support, live chat support, and a chatbot so you can talk to a real human in no time. Wave offers email support and additional resources online for anyone that needs a little extra help, but anyone who needs fast support from a customer support specialist may potentially find themselves in a tight spot. Among them, Wave’s inventory management features are minimal compared to what QuickBooks offers, and Wave’s project accounting features aren’t comprehensive enough for businesses with more than a handful of employees. Wave shares many of these same standard features, but those are more limited than what you’d get from QuickBooks.
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