Wave Accounting Platform Reviews

“Great all-around accounting tool”

Pros

I am really pleased with how well it handles tracking expenses and creating invoices.

Cons

Honestly I cannot find any faults, it's a solid, well-rounded program that works great.

“Amazing free accounting value”

Pros

Finding a free tier for just one user is practically unheard of now and I have really appreciated that. The free plan also includes a huge number of features which is surprising given the price. I'd definitely consider paying if I needed more customization or extra seats. Since it's cloud-based I can get to it from anywhere and there's even a mobile app I use when I am out and about.

Cons

Honestly I cannot point to any real downsides. I personally keep my use limited to basic accounting, mainly creating invoices and recording payments and for that it works flawlessly every time.

“Easy and beginner-friendly”

Pros

The software is very easy to use even with limited experience in accounting programs and it walks me through what each module does in a clear, easy and easy-to-understand manner.

Cons

As someone with experience using other accounting software, I find this platform too simplistic and basic for my needs.

“Great free tool for beginners”

Pros

It is user-friendly and easy to get around. It's free for newcomers who want something really basic and cannot afford pricier tools.

Cons

Expense tracking confuses me if I don't really know precisely what to look for.

“Perfect for solo bookkeeping”

Pros

For my one-person operation, this system is ideal, there's no feature overload, everything is snappy and lightweight. The bank account sync means I can effortlessly monitor and organize my finances without jumping through hoops.

Cons

I haven't encountered any problems yet, it does exactly what I need it to do.

“Easy and affordable overall”

Pros

I find the app really easy to navigate, affordable and it handles both payroll and accounting tasks for me.

Cons

I ran into an issue with a payroll tax deposit and had trouble getting it resolved.

“Love the mobile access”

Pros

What I love most is definitely the mobile app. Since I am constantly on the move, having the ability to log into my account from anywhere has been absolutely fantastic!!!

Cons

Within the mobile section I find it difficult to pull up my invoicing history. Also, I'd really like to be able to link my Wave account with my 10to8 tutoring platform.

“Easy and smooth invoicing”

Pros

I found it easy to create and issue invoices through the app.

Cons

Honestly I cannot think of anything about it that I disliked.

“Exactly what my business needed”

Pros

Wave has everything I need to keep my business under control. It made those old fixed systems with steep learning curves feel obsolete. All I have to do is enter the data and Wave keeps it accessible any hour of the day, every day so I can make important decisions. I have even been able to connect some features with my Drive for extra convenience.

Cons

Even while I am on the trial, I'd really like an option to import spreadsheet data. A lot of entrepreneurs who are willing to switch carry a historical record in spreadsheets and I want to keep that past information intact when moving systems. Adding a easy import from common spreadsheet formats would make the transition much smoother for me.

“Awesome value and functionality”

Pros

I am impressed by the price and feature set, I use it across three of my companies

Cons

Improvements to functionality take a bit longer than I'd like but I can see they keep rolling out updates

“invoicing is good”

Pros

One of the things I find most valuable about Wave Accounting is how flexible the invoice templates are, that, combined with being able to get paid quickly and without fuss, makes a big difference and the business dashboard is generally easy to get around. For my use it's genuinely simple because I can monitor all expenses and keep customer details and invoices organized and accessible, even when I am out and about. Integration with the other business processes and tools I use was also really easy and painless, I was able to connect Wave with a few separate apps I rely on without much hassle.

Cons

As I mentioned, integrating Wave worked smoothly for my setup so there hasn't been an issue on that front for me. That said I do feel Wave is best suited for smaller operations for larger businesses with 10+ employees it could become more challenging because the software lacks some advanced features, like an audit trail. The other thing that bothers me is the limited customer support, having prompt one-on-one assistance is important and I think Wave could improve by offering more responsive, individualized help.

“Easy and efficient for billing”

Pros

I find the app really user-friendly and it consumes very little data when handling transactions, invoices and billings so I can work efficiently and without wasting resources.

Cons

One drawback I have noticed is the limited range of services which means people in several other countries cannot really use it, I'd like them to expand availability.

“this tool is budget friendly”

Pros

I am really fond of how budget-friendly Wave is and how simple it is to begin using it. There's also a mobile app which I find fantastic.

Cons

One thing I'd like to see is built-in automation features and the option to offer clients a more authentic experience for example by attaching contracts directly to invoices.

“user friendly accounting tool”

Pros

Wave Accounting is easy to pick up, with an interface that's simple enough that I didn't need to spend much time learning it.

Cons

Occasionally, I have noticed the software's performance slows down, causing features to lag and disrupting my workflow.

“Super easy and worth it”

Pros

I am finding it incredibly simple to use and it's free unless I choose to use their online payment processing personally I think it's worth it because it's only a small percentage fee, just like what other credit card companies charge and I can send customers invoices they can pay online quickly and effortlessly, this has made collecting invoice payments far easier for me.

Cons

Every so often the sync between my bank accounts and Wave falls a day or two behind and while that delay can be frustrating when I am reconciling things, it hasn't caused any major problems for me.

“Super easy and cost effective”

Pros

Wave Accounting is super simple to set up and use and it's cost-free for smaller companies with low transaction volumes.

Cons

However the reporting features are lacking and I have trouble generating statements quickly or easily.

“Great free accounting option”

Pros

the biggest draw is that it's completely free and it actually uses a true double-entry accounting structure. I have found it ideal for very small businesses and for people who are just getting started and don't want to put money into pricier accounting packages yet.

Cons

Honestly I cannot think of many complaints, there really isn't much more I'd expect from a free accounting solution this capable.

“Very easy and reliable to use”

Pros

I am finding it very user-friendly and simple to navigate and I have had no issues sending or receiving payments.

Cons

So far I cannot think of anything I dislike, I'll let others know if I come across a problem.

“keep expenses low”

Pros

the fact that the software is completely free has been a game-changer for keeping expenses low while I am getting a new business off the ground.

Cons

Overall I am fairly satisfied with the entire software package as it stands right now.

“Super easy for freelancers”

Pros

Honestly I find Wave much simpler to use than PayPal. Its layout is really user-friendly for newcomers and I have noticed freelancers from a wide variety of niches pick it up quickly. Finding past transactions is simple, my clients genuinely like the experience and I wouldn't hesitate to recommend Wave Payments and Accounting.

Cons

Support could use some improvement based on my experience, every so often payments have taken a few days to clear.