If you're in the market for accounting software, you've probably come across both Wave and Sage 50. Both are popular choices, but they each have their own pros and cons. In this article, we'll compare Wave and Sage 50 side by side, so you can decide which one is the best fit for your business.
Pricing
One of the biggest differences between Wave and Sage 50 is pricing. Wave is a free accounting software, while Sage 50 starts at $39.99 per month. If you're on a tight budget, Wave is the obvious choice. However, Sage 50 offers a few features that Wave doesn't, so it may be worth the extra cost.
Features
Both Wave and Sage 50 offer basic accounting features like invoicing, tracking expenses, and managing customers and vendors. However, Sage 50 offers a few features that Wave doesn't. For example, Sage 50 can track inventory, while Wave can't. Sage 50 also offers more advanced features like project tracking and time and billing. If you need these features, Sage 50 is the better choice. However, if you don't need them, Wave may be a better fit for your business.
Ease of Use
Another important consideration is ease of use. Wave is designed for small businesses and has a simple, user-friendly interface. Sage 50, on the other hand, is designed for larger businesses and has a more complex interface. If you're not comfortable with accounting software, Wave is probably the better choice. However, if you're familiar with accounting software, you may find Sage 50 easier to use.
Support
Finally, you'll want to consider support when choosing accounting software. Wave offers free support, while Sage 50 charges for support. If you're not comfortable troubleshooting software issues on your own, Wave is the better choice. However, if you're familiar with accounting software and don't mind paying for support, Sage 50 may be a better fit for your business.
Conclusion
Both Wave and Sage 50 are popular accounting software choices. Wave is free, while Sage 50 starts at $39.99 per month. Wave is a good choice for small businesses and businesses on a tight budget. Sage 50 is a good choice for businesses that need advanced features like inventory tracking and project management. If you're not sure which one is right for your business, we recommend trying both and seeing which one you prefer.