Retail, 1-10 employees
More than a year
“Best free invoicing service”
Pros
For a free service, it's unbeatable the invoicing is extremely intuitive.
Cons
No major complaints it's a bit challenging to integrate with Shopify, but considering it's a free service, I highly recommend this invoicing platform.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
6
Functionality
10
Entertainment, 1-10 employees
More than a year
“Wave Accounting Services and Customer Service are ABYSMAL!!!”
Pros
Creating and sending invoices is easy. The charts are visually appealing.
Cons
They withdrew money from my account to pay payroll taxes but didn't remit the tax. It's impossible to speak to anyone there, and they take forever to respond. TERRIBLE CUSTOMER SERVICE!!!
Rating Distribution
Ease of use
5
Value for money
5
Customer Support
3
Functionality
5
Consumer Goods, 1-10 employees
More than a year
“Excellent Free Software for Small Businesses”
Pros
Free, cloud-based, and easily customizable/brandable invoicing and reports.
Cons
As far as I know, it doesn't handle costing per order or inventory management.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Accounting, 1-10 employees
Less than 6 months
“Great Piece of Software”
Pros
There was a free version that made invoicing and payment collection simple, with good trackers for accounting.
Cons
It doesn't offer as much functionality as other software.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
6
Functionality
8
Health, Wellness and Fitness, 1-10 employees
More than a year
“Bookkeeping made simple”
Pros
Wave is so intuitive, it's made all my bookkeeping effortless.
Cons
If I had to choose, I would prefer simpler invoicing and receipt creation.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Health, Wellness and Fitness, 1-10 employees
Less than a year
“Small clinic review”
Pros
The ledger is simple to use and far better than more expensive options. Fewer options make it nicer than Quicken.
Cons
Sometimes there are fewer options for customization.
Rating Distribution
Ease of use
10
Value for money
9
Customer Support
9
Functionality
10
Retail, 1-10 employees
More than a year
“Wave Review”
Pros
This is the best accounting system I have ever used. Very effective and intuitive, and I would recommend it to any business.
Cons
It took a while to get a great app for it, and now they've restricted new accounts to North America, which is disappointing.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Newspapers, 1-10 employees
More than a year
“Accounting done wright”
Pros
Perfect accounting software for a small business and someone with little to no accounting knowledge. Creating unlimited estimates and invoices even on the free plan is the best feature.
Cons
No downsides here it worked flawlessly for me and my small business.
Rating Distribution
Ease of use
10
Value for money
9
Customer Support
10
Functionality
10
Civic & Social Organization, 11-50 employees
More than a year
“The Progressive Finance Managing Platform”
Pros
Managing all general ledgers is well-handled by the software. Transaction recording ensures proper accounting and enhanced budgeting.
Cons
The details on capital budgeting aren't well-explained, requiring more interaction with the vendor.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Human Resources, 1-10 employees
Less than 6 months
“Wave accounting is the worst.”
Pros
To begin with, it's free; it has a nice layout and is easy to use.
Cons
Their payment system and complete lack of customer service are frustrating. You can't speak with a human unless they call you. They charge too much for ACH transactions and don't provide the necessary service to justify their fees. One ACH fee could cover QuickBooks (a better system) for a year.
Rating Distribution
Ease of use
2
Value for money
2
Customer Support
2
Functionality
2
Hospitality, 101-500 employees
Less than a year
“Very easy to use”
Pros
I like how it works and supports our business.
Cons
Customer support is simple, and handling billing invoices is easy.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Automotive, 1-10 employees
More than a year
“Accounting without a Cost”
Pros
The best thing about Wave is that it's FREE! If you're just starting out or running a small business where you need to minimize overhead and expenses, I recommend this app. It has all the basic functions you need, like quotes, invoicing, statements, entering bills, receipts, reconciling bank statements, etc. All of these services, including reporting, are included in the free software! It has payroll functions for an additional charge, which we have opted out of for now. You can even link your bank account, and it will import all your debits and credits for reconciliation. Also, this software is extremely intuitive, and you don't need to be a tech expert to understand it. It will set you up with preloaded items it thinks you need for your business, and you can change or delete them. Adding new ones is also super easy. I love that it's cloud-based and accessible from anywhere, which is essential for me when traveling for work.
Cons
Wave is honestly pretty awesome, so it's hard to find any cons. The only drawback for me is the reporting I wish I could customize reports and select specific data for analysis. The reports are basic and standard, and they don't quite meet my reporting needs.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Marketing and Advertising, 1-10 employees
More than a year
“Wave Apps Rocks”
Pros
Wave Apps proved simple to navigate and set up. It significantly simplifies our business operations.
Cons
I couldn't find anything to dislike about it. The product is truly impressive.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
9
Functionality
9
Marketing and Advertising, 1-10 employees
Less than a year
“Great Product...Wouldn't Recommend It”
Pros
The simplicity of operation makes billing and monitoring payments smooth and uncomplicated.
Cons
Communication is lacking when issues arise. They struggle to provide detailed explanations when making decisions about processing or rejecting client payments.
Rating Distribution
Ease of use
10
Value for money
3
Customer Support
10
Functionality
5
Telecommunications, 1-10 employees
More than a year
“Ride the Wave of simplicity for Small Business Accounting”
Pros
I love how easy it is to configure and oversee, especially from my mobile device.
Cons
They recently closed their banking option, just as I was getting accustomed to using it.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Accounting, 11-50 employees
Less than a year
“Wave Accounting Review”
Pros
It's a no-cost software with unlimited invoicing using customizable templates and payment terms, complete with a dedicated invoicing mobile app.
Cons
Because it's free, customer service isn't available until you subscribe.
Rating Distribution
Ease of use
8
Value for money
10
Customer Support
5
Functionality
10
Health, Wellness and Fitness, 1-10 employees
More than a year
“Great affordable payment and accounting software for small business”
Pros
Handling client invoices, recurring payments, and checking the business's profitability through the account dashboard.
Cons
It's more challenging for my bookkeeper to manage year-end taxes and P&L compared to what we experienced with QB.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Not specified, 51-100 employees
More than a year
“Accounting without Stress”
Pros
This excellent accounting tool is free, intuitive, secure, and equipped with numerous features to aid in the entire accounting process for small businesses like mine.
Cons
Now that it's only available in the USA and Canada, it lacks support for other local currencies.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Accounting, 1-10 employees
Free Trial
“Easy and complete accounting tool”
Pros
It is very easy to use and it compiles a complete set of information.
Cons
Honestly I have no complaints, it's an excellent accounting program to work with.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Accounting, 1-10 employees
Free Trial
“Easy and complete accounting tool”
Pros
It is very easy to use and it compiles a complete set of information.
Cons
Honestly I have no complaints, it's an excellent accounting program to work with.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8