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Wave vs Kashoo (2024 Comparison)

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Author

Martin Lunendonk

Last Update

Nov 15, 2024

We earn a commission from partner links on Keevee. Commissions do not affect our editor's opinions or evaluations.

Excellent Value For Price
4.3

0

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Wave

Wave offers a comprehensive suite of financial tools for free, making it ideal for small businesses. Its user-friendly interface and seamless bank integration provide excellent value.

  • Comprehensive free features
  • User-friendly interface
  • Seamless bank integration
  • Limited customer support
  • Complex for beginners

Free plan?

Yes

Starting price

$16 per month
Good Value For Price
4.1

0

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Kashoo

Kashoo is a simple and intuitive accounting software with responsive customer support. Its affordable pricing makes it a great choice for small businesses and freelancers.

  • Simple and intuitive
  • Responsive customer support
  • Affordable pricing
  • Fewer integrations
  • Limited advanced features

Free plan?

No

Starting price

$216 per year

What is Wave?

Wave is a comprehensive accounting software designed for small businesses and freelancers. It offers a suite of financial tools including invoicing, accounting, and receipt scanning, all in one place. With its user-friendly interface, Wave simplifies financial management, allowing users to focus on growing their business. The software's ability to integrate with bank accounts and provide real-time financial insights makes it an invaluable tool for managing cash flow and making informed business decisions.

What is Kashoo?

Kashoo is an intuitive accounting software tailored for small business owners and freelancers. It streamlines bookkeeping tasks by offering features like invoicing, expense tracking, and financial reporting. Kashoo's simplicity and ease of use make it ideal for those who want to manage their finances without the complexity of traditional accounting software. With its cloud-based platform, users can access their financial data anytime, anywhere, ensuring they stay on top of their business finances effortlessly.

Pros and Cons of Wave vs Kashoo

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Pros & Cons of Wave

Comprehensive free features
  • Wave offers a wide range of features at no cost, making it an excellent choice for small businesses looking to manage their finances without breaking the bank.
User-friendly interface
  • Wave's interface is designed to be intuitive and easy to navigate, allowing users to manage their finances efficiently without any prior accounting knowledge.
Seamless bank integration
  • Wave integrates seamlessly with bank accounts, providing real-time financial insights and simplifying the process of tracking income and expenses.
Limited customer support
  • Wave's customer support is limited, with users reporting longer response times, which can be frustrating for those who need immediate assistance.
Complex for beginners
  • While Wave offers a comprehensive set of features, its complexity can be overwhelming for beginners who may find it challenging to navigate.
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Pros & Cons of Kashoo

Simple and intuitive
  • Kashoo's simplicity and intuitive design make it easy for users to manage their finances without the need for extensive accounting knowledge.
Responsive customer support
  • Kashoo is known for its responsive customer support, providing users with timely assistance and ensuring a smooth experience.
Affordable pricing
  • Kashoo offers competitive pricing, making it an attractive option for small businesses and freelancers looking for cost-effective accounting solutions.
Fewer integrations
  • Kashoo offers fewer integrations compared to other accounting software, which may limit its functionality for businesses that rely on multiple tools.
Limited advanced features
  • While Kashoo excels in simplicity, it lacks some advanced features that more complex businesses may require for comprehensive financial management.

Wave vs Kashoo: At A Glance

Decision FactorWaveKashoo
Value to Price
Excellent4.5
Good4.2
Ease of Use
Good4.2
Excellent4.4
Functionality
Excellent4.3
Good4.1
Scalability
Good4.1
Good4.0
Integrations
Good4.0
Good3.9
Customer Support
Good4.2
Excellent4.3
Security
Excellent4.4
Good4.2
Overall Rating
Excellent4.3
Good4.1

Wave vs Kashoo: A Detailed Breakdown of Key Features

FeaturesWaveKashoo
Invoicing
Excellent4.5
Excellent4.3
Expense Tracking
Excellent4.4
Good4.2
Financial Reporting
Excellent4.3
Good4.1
Receipt Scanning
Good4.2
Good4.0
Bank Reconciliation
Excellent4.3
Good4.1
Mobile App
Good4.1
Good4.2

Invoicing

Wave offers a robust invoicing feature that allows you to create and send professional invoices effortlessly. Its customization options and automated reminders make it a powerful tool for managing payments. Kashoo also provides invoicing capabilities, but with fewer customization options. If you need advanced invoicing features, Wave is the better choice.

Expense Tracking

Wave's expense tracking feature is comprehensive, allowing you to categorize and monitor expenses with ease. Kashoo offers a straightforward approach to expense tracking, which is ideal for those who prefer simplicity. If detailed expense tracking is important to you, Wave offers more advanced options.

Financial Reporting

Wave provides a wide range of financial reports, giving you insights into your business's financial health. Kashoo offers essential reports but lacks the depth of Wave's offerings. If you require detailed financial reporting, Wave is the more suitable option.

Receipt Scanning

Wave's receipt scanning feature allows you to capture and store receipts digitally, making it easy to track expenses. Kashoo also offers receipt scanning, but with fewer features. If you need a comprehensive receipt management system, Wave is the better choice.

Bank Reconciliation

Wave's bank reconciliation feature is intuitive, helping you match transactions with ease. Kashoo offers a similar feature, but Wave's interface is more user-friendly. If bank reconciliation is a priority, Wave provides a more seamless experience.

Mobile App

Kashoo's mobile app is highly rated for its ease of use and functionality, allowing you to manage finances on the go. Wave also offers a mobile app, but with slightly fewer features. If mobile access is crucial, Kashoo's app might be the better option.

Pricing Comparison of Wave and Kashoo

We’ve compiled the pricing tables and highlighted the key features of both Wave and Kashoo to aid in your decision-making process. Let’s explore what each platform has to offer.

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Wave Pricing Plans

Starter Plan
For Small Business Owners
$0

Get Startedright_arrow
Starter Plan includes:
  • Option to accept online payments for faster transactions.
  • Invoice on-the-go via the Wave app for convenience.
  • Manage cash flow and customers in one dashboard efficiently.
  • Access to basic accounting features for small businesses.
Pro Plan
For Growing Businesses
$16

per month

Try For Freeright_arrow
Includes Starter Plan, plus:
  • Auto-import and categorize bank transactions for accuracy.
  • Digitally capture unlimited receipts and track expenses.
  • Automate late payment reminders to save time.
  • Advanced features for better cash flow management.
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Kashoo Pricing Plans

Automated & Easy Accounting
For growing small businesses
$216

per year

Try For Freeright_arrow
Automated & Easy Accounting includes:
  • Connect your bank for seamless transaction updates.
  • Visual dashboard for easy financial overview and insights.
  • Consistently voted top small business accounting software.
  • Save time with automated categorization and reconciliation.
Advanced & Personalized Accounting
For established businesses
$324

per year

Try For Freeright_arrow
Includes Automated & Easy Accounting, plus:
  • Preferred choice for accountants and bookkeepers.
  • Enhanced reporting and business insights tools.
  • Ability to add logos and customize invoice designs.
  • Comprehensive support and integration options.

Our Rating Methodology

We thoroughly evaluate each accounting software, focusing on key aspects like functionality, ease of use, and customer support. By analyzing user feedback and testing features, we ensure our recommendations are reliable. Each factor is weighted to provide an accurate final rating, helping you choose the best tool for your needs.

Decision FactorScoring Weight
Value to Price
20%
20%
Ease of Use
20%
15%
Functionality
20%
25%
Scalability
20%
15%
Integrations
20%
10%
Customer Support
20%
10%
Security
20%
5%

Wave or Kashoo: Which One Matches Your Business Needs?

Choose Wave If You Need ...

  • Comprehensive free features

    If you are a small business owner looking for a comprehensive set of financial tools without any cost, Wave is the ideal choice. Its free features provide excellent value for managing your finances.

  • Seamless bank integration

    If you need seamless integration with your bank accounts for real-time financial insights, Wave offers a robust solution. Its integration capabilities simplify the process of tracking income and expenses.

Choose Kashoo If You Need ...

  • Simple and intuitive

    If you prefer a simple and intuitive accounting software that is easy to use, Kashoo is the better option. Its straightforward design makes it ideal for those without extensive accounting knowledge.

  • Responsive customer support

    If responsive customer support is a priority for you, Kashoo excels in providing timely assistance. Its support team ensures a smooth experience, making it a reliable choice for small businesses.

Frequently Asked Questions

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Author

Martin Lunendonk

Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.