Health, Wellness and Fitness, 1-10 employees
More than a year
“Great accounting on any device”
Pros
It is an excellent way to handle accounting from either my phone or my computer. It also connects to Google Sheets via a plug-in so I can view everything neatly tabulated and consolidated in one place.
Cons
They should improve how easily users can change currencies. I deal with both USD and JMD and occasionally need to invoice clients in each currency separately.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Non-Profit Organization Management, 51-100 employees
More than a year
“Great accounting tool to use”
Pros
As an accountant, I truly think Wave Accounting is the best tool for my work, I appreciate its clean user interface and the fact that I can use the Android mobile app because handling expenses and tracking payment receipts has become incredibly easy for me.
Cons
Although the app generally works well, I find it missing several accounting essentials like project management and time tracking, features I consider important for proper accounting workflows.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Furniture, 1-10 employees
Less than a year
“Great mobile invoicing experience”
Pros
Mobile invoicing is the feature I really appreciate most about Wave
Cons
Sending multiple invoices together to one client can make it hard for me to update and reconcile them. I understand the client prefers their method yet I expect Wave to still track my invoices.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Hospitality, 1-10 employees
More than a year
“Great all-in-one finance tool”
Pros
Being a small business owner, I love that I can manage all my financial needs in a single platform, from bookkeeping and producing reports to creating invoices we haven't begun using Wave's invoicing feature yet but we're considering it!.
Cons
The main problem we've experienced with Wave so far is the data import tool. We'd really like to be able to upload our bank statements directly and we've tried using Wave's provided templates to do that repeatedly but we've only managed to get it to work once and even then it wasn't a great outcome because the transaction dates didn't line up at all.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
8
Functionality
8
Market Research, 51-100 employees
More than a year
“Excellent free accounting tool”
Pros
In my experience Wave Accounting provides a great collection of core accounting tools at no cost which keeps things affordable for my small business when I am working with a limited budget. It also includes various paid add-ons if I need more advanced functionality.
Cons
I haven't come across any real downsides to Wave Accounting in my use so far I cannot point to any specific weaknesses or negative elements with the software.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Accounting, 1-10 employees
Less than 6 months
“free access from anywhere”
Pros
Wave Accounting is completely free, providing essential bookkeeping features while letting me access my accounts from anywhere.
Cons
From my experience Wave Accounting lacks many advanced accounting features I need, its customer support is limited and not available in real time and I often see advertisements inside the app promoting other products and services.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Non-Profit Organization Management, 51-100 employees
More than a year
“tracks expenses accurately”
Pros
Using Wave Accounting, I am able to create comprehensive project expense reports without any hassle and the interface is really user-friendly so practically anyone can learn it quickly, I can keep close tabs on my spending and track expenses very accurately and effortlessly.
Cons
I wish the app supported inventory management and time tracking, those missing features would make the application considerably more useful for my needs.
Rating Distribution
Ease of use
8
Value for money
7
Customer Support
7
Functionality
7
Food & Beverages, 101-500 employees
More than a year
“Generates invoices, handles scheduling”
Pros
I really appreciate this program because it lets me generate invoices, set up appointments and handle scheduling which has made my workload much easier. It's very user-friendly even for someone like me with limited IT experience.
Cons
While the app itself works fine for my needs, I am frustrated by the poor customer support, it's really lacking and definitely needs significant improvement to match the quality of the software.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
6
Functionality
10
Non-Profit Organization Management, 51-100 employees
More than a year
“unlimited customized invoices”
Pros
Using Wave Accounting, I am able to create and send unlimited, customized invoices to my clients which has really streamlined tasks across our organization. The interface feels user-friendly and easy to navigate and use.
Cons
I cannot reach customer support by phone or email, it's restricted to chatbots that frequently aren't helpful in most situations for me.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
6
Functionality
10
Insurance, 51-100 employees
More than a year
“Easy accounting with great value”
Pros
I am happy with this app, it lets me create unlimited expense invoices and receipts which makes handling and tracking my monthly expenses much simpler. It's easy to navigate and I really appreciate the clean interface.
Cons
A drawback is the entirely self-serve customer support model. they only use automated chatbots and I have found that they sometimes fail to provide the specific help I need.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
6
Functionality
10
Publishing, 1-10 employees
Less than 6 months
“Terrible service and no loyalty”
Pros
I appreciated that their fees were on par with PayPal but that changed when they abruptly cut me off as a customer without any warning, after that, the service definitely wasn't worth the cost.
Cons
In my experience their customer service team lied to me, they weren't transparent about policies and I felt they showed no loyalty to customers.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
6
Functionality
10
Real Estate, 1-10 employees
Less than 6 months
“Easy to use and navigate”
Pros
Well I am really fond of it, I find it super easy to navigate and get things done.
Cons
It would really help me if the invoices made it much easier to mark payments as coming from Zelle or Cash App.
Rating Distribution
Ease of use
3
Value for money
2
Customer Support
2
Functionality
3
Law Practice, 1-10 employees
Less than a year
“Bank syncing made it unusable”
Pros
I found it inexpensive and fairly easy to set up and operate.
Cons
After doing the research, I picked Wave for my bookkeeping. My business has three people which is enough to make accounting more involved than the simple spreadsheet I had been keeping myself. When I first switched over there was a noticeable learning curve and while the software wasn't flawless I was managing to make it work. I even paid the extra monthly charge for their payroll service which functioned fine at first. Then, about nine months after starting, Wave stopped importing transactions from my bank account. I reached out through their chatbot and was told the problem was with Plaid, the third-party vendor that handles bank connections and that I would need to wait until Plaid resolved it. I called my bank next and they had no knowledge of any Plaid outage which made the situation even more confusing. I tried contacting Wave again but kept getting the same unsatisfying answer, essentially wait for Plaid to fix it. Now it's been around six weeks with no imported data and I am left trying to find a new accounting package, rebuild my records and then learn another system from scratch. This whole headache shouldn't be necessary, I want to focus on running my business instead of wasting time troubleshooting why the accounting software won't keep working.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Writing and Editing, 1-10 employees
Less than a year
“Easy payment tracking but confusing”
Pros
I like that I can monitor my payments and I find it easy to do so.
Cons
What annoys me is how convoluted the system feels, it asks for an overwhelming amount of information just to process payments. I often find it hard to navigate or to explain the steps to someone else and the customer support isn't very helpful either.
Rating Distribution
Ease of use
3
Value for money
3
Customer Support
2
Functionality
3
Telecommunications, 500+ employees
More than a year
“Easy and reliable for us”
Pros
This accounting package is really useful because it provides a free, simple-to-navigate option tailored for small businesses. It includes many top features and a really user-friendly interface. My company has been thriving with this software.
Cons
Aside from customer support being somewhat slow at times, we haven't encountered any real issues with the program.
Rating Distribution
Ease of use
5
Value for money
5
Customer Support
4
Functionality
6
Furniture, 1-10 employees
Less than a year
“Great mobile invoicing experience”
Pros
Mobile invoicing is the feature I really appreciate most about Wave
Cons
Sending multiple invoices together to one client can make it hard for me to update and reconcile them. I understand the client prefers their method yet I expect Wave to still track my invoices.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Hospitality, 1-10 employees
More than a year
“Great all-in-one finance tool”
Pros
Being a small business owner, I love that I can manage all my financial needs in a single platform, from bookkeeping and producing reports to creating invoices we haven't begun using Wave's invoicing feature yet but we're considering it!.
Cons
The main problem we've experienced with Wave so far is the data import tool. We'd really like to be able to upload our bank statements directly and we've tried using Wave's provided templates to do that repeatedly but we've only managed to get it to work once and even then it wasn't a great outcome because the transaction dates didn't line up at all.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
8
Functionality
8
Market Research, 51-100 employees
More than a year
“Excellent free accounting tool”
Pros
In my experience Wave Accounting provides a great collection of core accounting tools at no cost which keeps things affordable for my small business when I am working with a limited budget. It also includes various paid add-ons if I need more advanced functionality.
Cons
I haven't come across any real downsides to Wave Accounting in my use so far I cannot point to any specific weaknesses or negative elements with the software.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Accounting, 1-10 employees
Less than 6 months
“free access from anywhere”
Pros
Wave Accounting is completely free, providing essential bookkeeping features while letting me access my accounts from anywhere.
Cons
From my experience Wave Accounting lacks many advanced accounting features I need, its customer support is limited and not available in real time and I often see advertisements inside the app promoting other products and services.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Non-Profit Organization Management, 51-100 employees
More than a year
“tracks expenses accurately”
Pros
Using Wave Accounting, I am able to create comprehensive project expense reports without any hassle and the interface is really user-friendly so practically anyone can learn it quickly, I can keep close tabs on my spending and track expenses very accurately and effortlessly.
Cons
I wish the app supported inventory management and time tracking, those missing features would make the application considerably more useful for my needs.
Rating Distribution
Ease of use
8
Value for money
7
Customer Support
7
Functionality
7