Wave Accounting

Wave Accounting

Accounting, invoicing, and payroll management platform

About Wave Accounting

Wave is a fully integrated solution designed for small businesses with 9 employees or less. With our total focus on small business owners, you’ll never have to navigate inflated or cluttered to find what you need, right now. With an easy to navigate interface and single login, it’s never been easier to find what you need, when you need it.
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Use the 100% free accounting tools in Wave to gain the insights you need, without the legwork. With our automatic bank connections, your information flows seamlessly into Wave, without the manual entry. And even though it’s easy to navigate and understand, it’s still a real, double-entry application. Collaborate with your accountant or bookkeeper in real-time, and save both of you time!
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Use Wave’s invoicing tools to collect your money faster. Choose the template that best reflects your business, load your own logo, and choose a color for your invoices. Email invoices right from Wave, and collect credit card payments through our payment processing. Use Wave’s invoicing tools to stay professional, get paid faster, and keep track of where your money is.
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Everyone loves getting paid, but no one likes running payroll. Now, use Wave’s Payroll tools in America and Canada to take the headaches out of running your payroll. With guaranteed accuracy, direct deposit and employee self-service all included, at $5 per employee per month or less it’s never been more affordable for your employees to get paid.
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Use Wave’s personal finance tools to gain better insights into where your money goes. With simple budgeting tools, real time investment tracking, and more, Wave’s personal tools are the best way to master your personal finances.


Key benefits of Wave Accounting

Wave is 100% focused on the real small business owners, with nine employees or less. That means you’ll never see cluttered, complicated software that you can’t navigate, never mind understand.



What you will see is all the tools you need to gain better insights into your personal and business finances, all with one login. Whether it’s invoicing, payroll, or personal investment tracking, the days of multiple logins are in the past. And with free accounting and invoicing tools and totally affordable payroll, getting organized has never been more affordable.



Get paid faster, gain insights into your businesses financial health, know where your money goes and pay your employees, all with Wave.


Images

Wave Accounting Software - Wave Dashboard
Wave Accounting Software - Wave Accounting
Wave Accounting Software - Wave Invoice Creation
Wave Accounting Software - Wave Invoice Schedule
Wave Accounting Software - Wave Invoice List
Wave Accounting Software - Wave Payments
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Wave Accounting video
Wave Accounting Software - Wave Dashboard
Wave Accounting Software - Wave Accounting
Wave Accounting Software - Wave Invoice Creation
Wave Accounting Software - Wave Invoice Schedule
Wave Accounting Software - Wave Invoice List
Wave Accounting Software - Wave Payments

Not sure about Wave Accounting? Compare with a popular alternative

Wave Accounting

4.4 (1,504)
VS.

Starting Price

No pricing found
$12.00
month

Pricing Options

Free version
Free trial
Free version
Free trial

Features

78
90

Integrations

5
31

Ease of Use

4.5 (1,504)
4.3 (608)

Value for Money

4.7 (1,504)
4.4 (608)

Customer Service

4.0 (1,504)
4.2 (608)

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Reviews

Overall rating

4.4 /5
(1,504)
Value for Money
4.7/5
Features
4.2/5
Ease of Use
4.5/5
Customer Support
4.0/5

Already have Wave Accounting?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 1,504
Josh
Overall rating
  • Industry: Design
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 10.0 /10

Awesome free accounting online software for your business that is super professional!

Reviewed on 05/08/2021

There is very little more I can ask for with Wave for my small business. It is free for the...

There is very little more I can ask for with Wave for my small business. It is free for the features I need and allows me to take only ACH or credit card payments with a reasonable fee and I only pay the fixed percentage when I use those features so I can just turn it off and get a check from a client and not pay anything. Great Flexibility!

Pros

Its free for small businesses that just need a good business accounting software! You can take ACH and CC payments if you want and turn them off on invoices you don't want it on. The rates are reasonable enough for using these services. The reports are easy enough for doing taxes. It's awesome and cheap for those that are one man shows or freelancers.

Cons

The thing that is the most annoying is when you want to do a recurring billing. It doesn't use something like Maintenance contract #1 then go to #2 or something like that it makes recurring billing invoice names that were the most recent of any invoices. Maybe I am not using it correctly, but each time I have to go and change invoice names then manually send it to the client.

Alternatives Considered

Quickbooks Online

Reasons for Switching to Wave Accounting

I originally chose Wave as it was free. Now I just love it and it works well for me so no reason to even look somewhere else.
Verified Reviewer
Overall rating
  • Industry: E-Learning
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

An easy to use accounting system for a small business

Reviewed on 26/02/2023

Pros

Wave accounting allows you to create professional-looking invoices that can be easily and timely sent to customers. I was able to customize the invoices with our company's branding. One of the best features is the ability to set up automatic reminders for unpaid invoices. The interface is user-friendly and has a comprehensive set of features that can elevate any small business to great success.

Cons

The difference between the website and the mobile app is "night and day". The website is pretty good. The mobile app could be better. It's slow to load, and when it does it's non-responsive, most of the time I have to close it and then open it again.

Alternatives Considered

Quickbooks Online

Reasons for Switching to Wave Accounting

Great features for a free software and an excellent option for small businesses with limited budget to pay for expensive accounting software.
Kadeem
Overall rating
  • Industry: Package/Freight Delivery
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Perfect for small businesses

Reviewed on 30/10/2023

Pros

This app is amazing, the interface is very easy to use. Creating invoices and sending out to clients is almost effortless. The mobile app is great too

Cons

Integrations are a bit difficult to set up and would also like support for different countries

Michael
Overall rating
  • Industry: Insurance
  • Company size: 11–50 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Great small business invoice tool

Reviewed on 11/11/2023

Pros

The ability to send out and manage accounts receivables

Cons

Limited feature set for fast growing businesses

Laura
Overall rating
  • Industry: Hospital & Health Care
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Easy to create and send invoices, quotes and payments

Reviewed on 11/09/2023

Invoices, estimates, and receipts, along with yearly accounting tools, can be easily managed....

Invoices, estimates, and receipts, along with yearly accounting tools, can be easily managed. Simple to set up, and you may include many companies in a single profile.

Pros

We were looking for a low-cost solution, and Wave met our needs for our two subsidiaries. Accounting software that doesn't break the bank. The billing and payment process runs smoothly.

Cons

I can only view reports once a year and cannot download individual reports or combine them. It's difficult to plan for cash flow in the financial realm.

Showing 5 reviews of 1,504 Read all reviews

Wave Accounting FAQs

Below are some frequently asked questions for Wave Accounting.

Wave Accounting offers the following pricing plans:

  • Starting from:
  • Pricing model: Free Version, Subscription
  • Free Trial: Available

Accounting & Invoicing - Free Receipt Management - Free Credit card processing - $0.30 + 2.9% per transaction Bank payment/ACH processing - 1% per transaction ($1 minimum fee) Payroll (tax service states): $35/month base fee + $4/active employee + $4/independent contractor paid Payroll (self service states): $20/month base fee + $4/active employee + $4/independent contractor paid

Wave Accounting has the following typical customers:

Self Employed, 2–10, 11–50, 51–200

Wave Accounting supports the following languages:

English

Wave Accounting supports the following devices:

Android (Mobile), iPhone (Mobile)

Wave Accounting integrates with the following applications:

Gmail, Microsoft Outlook, PayPal, Shoeboxed, Zapier

Wave Accounting offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Chat

Related categories

See all software categories found for Wave Accounting.