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QuickBooks Desktop Enterprise vs. Wave Accounting

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    QuickBooks Desktop Enterprise

    Score7.9 out of 10
    N/AQuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.

    $1,261

    per year

    Wave Accounting

    Score8.3 out of 10
    N/AWave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.

    $16

    per month

    Pricing
    QuickBooks Desktop EnterpriseWave Accounting
    Editions & Modules
    Gold
    1,261
    per year
    Platinum
    1,522
    per year
    Gold with Remote Access
    1,785.60
    per year
    Platinum with Remote Access
    2,083.20
    per year
    Diamond
    3,060.34
    per year
    Diamond with Remote Access
    3,600.36
    per year
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    QuickBooks Desktop EnterpriseWave Accounting
    Free Trial
    NoNo
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    QuickBooks Desktop EnterpriseWave Accounting
    Considered Both Products
    Intuit
    Chose QuickBooks Desktop Enterprise
    We did not find much features in QuickBooks Online, so finally decided to go for desktop version.
    Incentivized
    Wave
    Chose Wave Accounting
    Wave's price point was in line with what my company needed to manage basic accounting (payable and receivable accounts). It made it easy for me to issue monthly invoices to clients and track when invoices were paid. The software makes these tasks easy to manage and inputting …
    Incentivized
    Chose Wave Accounting
    Circling back to the "free" thing again. For a small business, I am getting for free what QuickBooks Online charges no less than $40/month. Moving away from "free," these other solutions I listed above do more, and these would be the right solutions for the right needs. All of …
    Incentivized
    Chose Wave Accounting
    Unfortunately we did not do our due diligence before selecting Wave. We came across them through our payroll provider (ADP) and assumed that it was good since we have had a great experience with ADP. In the future I would strongly recommend others to not just read online …
    Incentivized
    Chose Wave Accounting
    Day and night. I found QuickBooks Legacy for Enterprise clunky and outdated and the user experiences are without compare.
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    QuickBooks Desktop EnterpriseWave Accounting
    Payroll Management
    Comparison of Payroll Management features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    9.3
    112 Ratings
    Wave Accounting
    6.2
    24 Ratings
    Pay calculation9.8108 Ratings7.123 Ratings
    Benefit plan administration8.863 Ratings7.54 Ratings
    Direct deposit files9.493 Ratings1.220 Ratings
    Salary revision and increment management9.386 Ratings7.712 Ratings
    Reimbursement management9.186 Ratings7.48 Ratings
    Customization
    Comparison of Customization features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    7.3
    76 Ratings
    Wave Accounting
    8.5
    13 Ratings
    API for custom integration7.959 Ratings9.99 Ratings
    Plug-ins6.669 Ratings7.011 Ratings
    Security
    Comparison of Security features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    9.1
    161 Ratings
    Wave Accounting
    6.4
    45 Ratings
    Single sign-on capability9.3123 Ratings6.432 Ratings
    Role-based user permissions8.9159 Ratings6.436 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    8.5
    178 Ratings
    Wave Accounting
    6.3
    72 Ratings
    Dashboards8.5152 Ratings6.070 Ratings
    Standard reports9.4176 Ratings8.069 Ratings
    Custom reports7.6171 Ratings5.036 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    9.0
    182 Ratings
    Wave Accounting
    7.0
    75 Ratings
    Accounts payable9.2175 Ratings7.158 Ratings
    Accounts receivable9.3174 Ratings7.169 Ratings
    Cash management9.0160 Ratings8.561 Ratings
    Bank reconciliation9.5173 Ratings8.565 Ratings
    Expense management9.0160 Ratings7.563 Ratings
    Time tracking8.982 Ratings9.811 Ratings
    Fixed asset management8.8119 Ratings9.812 Ratings
    Multi-currency support9.160 Ratings10.019 Ratings
    Multi-division support8.597 Ratings7.19 Ratings
    Regulations compliance9.269 Ratings5.016 Ratings
    Electronic tax filing9.191 Ratings5.914 Ratings
    Self-service portal8.771 Ratings8.040 Ratings
    Global Financial Support8.235 Ratings9.02 Ratings
    Primary and Secondary Ledgers8.963 Ratings9.05 Ratings
    Intercompany Accounting8.480 Ratings4.05 Ratings
    Localizations8.148 Ratings5.23 Ratings
    Journals and Reconciliations9.3131 Ratings8.530 Ratings
    Enterprise Accounting9.291 Ratings4.07 Ratings
    Configurable Accounting9.488 Ratings5.017 Ratings
    Centralized Rules Framework9.255 Ratings1.03 Ratings
    Standardized Processes9.299 Ratings7.019 Ratings
    Inventory Management
    Comparison of Inventory Management features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    7.7
    108 Ratings
    Wave Accounting
    8.1
    11 Ratings
    Inventory tracking7.9104 Ratings5.68 Ratings
    Automatic reordering7.556 Ratings9.95 Ratings
    Location management7.869 Ratings8.12 Ratings
    Manufacturing module7.654 Ratings9.01 Ratings
    Order Management
    Comparison of Order Management features of QuickBooks Desktop Enterprise and Wave Accounting
    Feature
    QuickBooks Desktop Enterprise
    8.7
    134 Ratings
    Wave Accounting
    7.6
    52 Ratings
    Pricing8.8100 Ratings9.926 Ratings
    Order entry9.2106 Ratings10.018 Ratings
    Credit card processing8.093 Ratings2.345 Ratings
    Cost of goods sold9.4119 Ratings10.033 Ratings
    Order Orchestration7.758 Ratings5.85 Ratings
    End-to-end order visibility9.056 Ratings8.24 Ratings
    Order exception Resolution9.043 Ratings7.02 Ratings
    User Ratings
    QuickBooks Desktop EnterpriseWave Accounting
    Likelihood to Recommend
    9.1
    (193 ratings)
    6.0
    (81 ratings)
    Likelihood to Renew
    10.0
    (17 ratings)
    7.8
    (3 ratings)
    Usability
    10.0
    (12 ratings)
    7.0
    (16 ratings)
    Availability
    10.0
    (4 ratings)
    6.7
    (4 ratings)
    Performance
    10.0
    (3 ratings)
    2.9
    (2 ratings)
    Support Rating
    6.0
    (5 ratings)
    2.1
    (12 ratings)
    In-Person Training
    7.0
    (1 ratings)
    -
    (0 ratings)
    Online Training
    9.1
    (3 ratings)
    4.7
    (3 ratings)
    Implementation Rating
    10.0
    (9 ratings)
    -
    (0 ratings)
    Configurability
    10.0
    (3 ratings)
    -
    (0 ratings)
    CPA Rating
    7.2
    (9 ratings)
    8.0
    (8 ratings)
    Ease of integration
    9.1
    (2 ratings)
    -
    (0 ratings)
    Product Scalability
    10.0
    (3 ratings)
    3.0
    (2 ratings)
    Vendor post-sale
    9.0
    (3 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    10.0
    (3 ratings)
    -
    (0 ratings)