Accounting & Invoicing - Free
Receipt Management - Free
Payroll - starts as low as $9 per month, with a declining fee per employee
Accept All Major Credit Cards - $0.30 + 2.9%
Personal Financial Management - Free
Rave about WaveCathy Fanning, IT Consultant9th of October, 2014 00:58
To all you non believers and sceptics, just stop it. I have been the IT industry for a long, long time and consulting in accounting apps for the last ten years. I have worked with and made numerous comparisons. And guess what, Wave is fantastic... Great for business beginners and advanced users. Compared to all the other cloud accounting choices it holds it's own. Why make your business accounting difficult, isn't running a business difficult enough? Wave is growing in leaps and bounds and continuing to add on more and more features. Let's face it, anyone can bad mouth any software out there can't they? Just get on with it and use it.
Wave is fabulous!Danetha Doe, Product Launch Strategist/Accountant/Blogger/Speaker/Professional Giggler8th of October, 2014 21:45
I first started recommending Wave to my clients when I first heard of them two years ago. I absolutely love the ease of use, simple design and fabulous customer service. The team is always answers my questions quickly. And as an accountant, their Pro Network is one of the most supportive communities for financial professionals. And it's FREE. Wave is leading the charge with software developers that are passionate about changing the antiquated accounting industry. For my clients, or prospects, who are new to business, Wave has been an absolute life saver.
Do yourself a favor, ignore the bad feedback on here.Will Lopez, Innovator, Pioneer in Online Accounting Firms7th of October, 2014 14:09
Our cloud-based CPA firm has been with Wave since the beginning. We have hundreds of clients using Wave. Wave is absolutely EXCELLENT for small business owners and entrepreneurs. What a great platform to start and grow on as a business owner. Wave is also extremely accountant and CPA friendly; I would know, I am one. Shady accountants and consultants leaving bad reviews are doing so because they want you, the aspiring entrepreneur of the next generation, to roll into expensive software alternatives that the same accountant/consultant can up-charge on at the expense of the business owner; what a shame, I thought the world was a better place. There are some concerns about Cash vs. Accrual: Wave works strictly on the accrual basis of accounting which is THE best way to operate your business. Ask any true Accountant, cash basis is the quick and dirty way out. Accrual basis is THE best way to receive wonderful business intelligence from. Your are limited with Cash Basis reporting. Once again, I would know I'm a financial statement auditor for multi-billion dollar businesses. If you need a cash basis financials for tax reasons, well your Tax Accountant, if knowledgeable and half-way decent, can easily convert cash basis to accrual basis financials with a couple steps. Done! Let Wave do it's part, let your Pro do their part, and you can focus on growing an amazing business. So do yourself a favor, ignore the bad feedback on here, setup a Wave account for free, connect with a WavePro for free and start shaping the future.
Best Cloud-Based Bookkeeping Solution for Small Business OwnersAnthony Tropeano, CPA, Certified Public Accountant at TropezCPA7th of October, 2014 12:35
I have been using Wave for nearly 3 years now and recommend to every small business owner. Not only is it a free cloud based solution, but also due to the following: - Fantastic billing feature integrated with Stripe - Recurring invoice option - Numerous Reports - Reports are easy to understand for the non-accountant - Filtering categories and descriptions is very easy and allows the user to update their books very quickly - Seamless integration for bank and credit card accounts
Best Free Accounting SoftwareJames Krener, Owner of Krener Bookkeeping & Tax7th of October, 2014 11:40
I came across Wave when I started my business almost 4 years ago now. Wave provided me with an accounting system to use for myself and to recommend to clients. My business has evolved over the years and Wave has too. I like Wave because of it's awesome support heroes and it's FREE!! How can you complain about free?? I will always use Wave and recommend it to clients.
You will regret wave! Save yourself nowBill Savage, Consulting1st of September, 2014 16:23
I have had Wave for about 4 years. I like them fine until this year when I added a business credit card account as a linked account on a new company I set up. When you connect to the bank, Wave brings the credit card transactions in with debits as debits and credits as credits. You then show a transfer from your main to the credit card to show a payment. Fine. HOWEVER, if you need to import credit card transactions, as in bring in a batch of old ones that were present before you set up wave and need to have your entire year in there to do your taxes, wave brings an imported file (csv, etc) from the very same back, in exact opposite. The debits are credits and credits are debits! Now you're stuck with one portion of your transactions showing in one method, the other in another method, making your books a completely inaccurate mess! Wave wants to point the finger at the bank and has no solution for this, other than going in and manually deleting every line that is messed up, then manually adding in each line again as it should be! Wow. I'd be better off doing old school manual books. If you never intend on having a credit card account linked to Wave, then go ahead and use them. If, however, you think you might ever want to have a credit card account show in your books, save yourself now and look elsewhere!
Great features!Daryl31st of March, 2014 11:28
Have been using Wave for over a year now and I will never go back.
Lousy customer service, full of glitcheskeith31st of March, 2014 06:57
Have been using Wave for around two years. Problems include lost data that had to be re-entered manually and numerous bank connection issues. I Feb 2014 they announced and initiated a new bank connection process. Since then my bank connections have not worked and the site won't allow me to set them up again. Each support request takes 5-7 business days to get a response. This problem caused me to have to file an IRS extension. Very unhappy.
If OnlyCash vs Accrual14th of March, 2014 11:07
I've been using Wave for 9 months and have been satisfied with the ease of use, but Wave does not off Cash basis accounting. Wave is supposedly designed for small businesses, most small businesses in the US use Cash Basis. All your invoices are shown as income as soon as they are generated, lots of fun with taxes. Additionally bank sync is inconsistent, invoicing customization is very limited, seem to miss the drop down menu concept in a lot of areas. "You get what you pay for", Free.
Regretfully closed my accountJohn W.7th of February, 2014 16:58
After months of trying Wave, we have to abandon it. It won't update our business bank accounts consistently, i.e. balances don't match despite the app displaying "okay" by the account. That's a deal killer. Too bad, because I really liked the service overall. But SAAS intended for commercial use can't behave this way; too much at risk for a business.
Below are some frequently asked questions for Wave .
Q. What are the main features of Wave ?
Wave offers the following features:
Q. How much does Wave cost?
We have the following pricing information for Wave :
Starting from: $0.00
Accounting & Invoicing - Free
Q. Who are the typical users of Wave ?
Wave has the following typical customers:
Freelancers, Non Profits, Public Administrations, Small Business
Q. What languages does Wave support?
Wave supports the following languages:
Q. What type of pricing plans does Wave offer?
Wave has the following pricing plans:
Q. Does Wave support mobile devices?
Wave supports the following devices:
Q. Does Wave offer an API?
Yes, Wave has an API available for use.
Q. What other apps does Wave integrate with?
Wave integrates with the following applications:
Q. What level of support does Wave offer?
Wave offers the following support options:
FAQs, Forum, Knowledge Base, Online Support, Video Tutorials
Q. What are the main benefits of using Wave ?
Wave offers the following benefits:
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.
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