Wave is a free web-based accounting platform geared towards small and growing businesses, consultants, entrepreneurs, and freelancers. The solution offers a range of integrated applications that combine accounting, invoicing, payment tracking, payroll management, finance management, and receipt scanning in a streamlined, unified system. Wave offers a user-friendly interface to untrained users. It comes with an easy to navigate and comprehensive dashboard.
The software simplifies accounting and invoicing processes, reducing the loss of time on manually monitoring expenses, following payments, and managing employees and taxes. Businesses can gain access to real-time transaction records by linking their bank accounts, PayPal accounts, and other data sources. Some other useful features include invoicing templates, tracking capabilities, balance sheets, sales tax reports and account receivable and payable reports.
The payroll module is only available in the U.S. and Canada, it offers features such as direct deposit and employee self-service. The software’s personal finance tool includes a budgeting tool, real-time investment tracking and a comprehensive dashboard for personal finance management.
Pricing: Wave's accounting features are absolutely free, while the payroll module costs $20/month.
USP: Abides by all the up-to-date taxation and deduction regulations. The software offers yearly account reports for businesses to review progress and detailed spending trends.
Support: Support is extended via email and phone.
Product Advantages: Free of cost and packed with a number of amazing features.
Product Limitations: Good concept, needs improvement in various aspects. It cannot perform complex accounting functions. No keyword search function in the Transactions section making it hard to find a specific transaction.
8 reviews
Join thousands of other professionals and get personalized recommendations based on what businesses like you are using. There is no obligation to buy.
Software advice has been featured
Hidden charges, implementation fees, long term costs? Get the complete picture from us to simplify your software selection.
There is no obligation to buy.
Get answers straight from the vendor!
If you need more information or you simply have a question, let us know what you need and we will forward your request directly to the vendor.
Overall Rating
8 Reviews
Pros:I have had a wonderful experience with Wave. Accounting by Wave totally saved a big client project for me.
Cons:I haven't found anything negative yet.
Pros:High level of integration. It is totally worth your investment.
Cons:An update would be nice but I absolutely love it.
Pros:Wave is extremely user friendly. It is the easier invoicing Software. I love it.
Cons:Nothing honestly. It is a great software.
Pros:The Invoicing system is my absolute favorite. It is so easy to understand and manage.
Cons:I would have liked to be able to schedule the payments by specific date rather than generically as day, week, month, etc.
Pros:The features are great and can be extremely useful.
Cons:The software lags a little which stops us from using the features fully.
Pros:This software has made the thing that I hate the most so simple for me which is bookkeeping. I love it. I would highly recommend it.
Cons:I have a tough time figuring out how to use two different currencies and still maintain consistency.
Pros:Good software. Very easy to navigate and manage.
Cons:It lacks some features but overall, pretty good.
Pros:This makes my accounting SO EASY! Not only am able to easily keep track of my expenses and costs associated with my business.
Cons:This is a difficult one as I really don't dislike anything.
Call us at
Software buyers need your help!
Help your peers make the right decisions by sharing your product experience with them.
Software Finder © 2021 All Rights Reserved | Privacy Policy | Terms of Service