Reviews, Opinions and Ratings for Wave Accounting
Showing 1 — 3 of 3 reviews
What is Wave Accounting?
Wave Accounting
Wave is a free small business accounting app. It's a full-featured application geared to freelancers, small businesses, and solo entrepreneurs -- anyone who works for themselves and has to handle book Learn More →
A Free and Simple Solution
Review for Wave Accounting by Michele Nachum on 2012-01-18
Wave Accounting has a simple interface that is easy to follow. The ribbon at the top of your screen is short and to the point. As you navigate through each of the tabs, you will find that understanding what to do to get started is intuitive. They have a very complete Help section that will guide you if you run into any problems. Like many solutions, Reports are crucial. This is especially important for sending your records to an accountant. Many accountants will charge money for inputting expenses and income – but if that is already complete – you might find yourself saving a lot of money. Wave Accounting offers various Reports such as Income by Customer, Income Statements, Balance Sheets, Sales Tax and more.
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Pros: - You can connect Wave Accounting to your bank or credit card account - Reports - Business Savings section - free solution
Cons: Not the best solution for businesses with complicated accounting needs.
Best Uses: If your business tends to be rather complicated, there are more robust solutions out there – but if your finances are fairly straight forward –you won’t go wrong giving Wave Accounting a try.
Free Accounting application that saves me a lot of time
Review for Wave Accounting by Oliver on 2011-11-22
Basically, Wave Accounting is a gratis web based application that accountants use to record transactions, to create invoices, and to their current financial position. But Wave has actually loads of other functionalities which surprised me when keeping in mind that we are talking about a free application. Once you managed to set up everything with your online banking (which was not very difficult) , Wave syncronized regularly. Even when you’re not online. Then when you come online it gives you a list of newly imported transactions. When setting up a new customer account you simply have to create a new product or service and type in the date and the invoice number. If you have an invoice you can have Wave send the customer a PDF copy which is very effective.
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Pros: Wave is easy to use, it has great currency options and creates appealing reports.
Cons: There could be more options to customize your invoices.
Best Uses: Wave can be used by all types of businesses
Wave considerably optimizes accounting tasks
Review for Wave Accounting by Blance Coddington on 2011-11-18
Wave is a great web-based accounting tool because it automates all the little tasks that used to consume so much of my time. The interface is pretty intuitive, I picked it up quickly. I especially like the reporting of Wave, it´s quick and includes all the data that business owners need to know on a regular basis. My team uses Wave now and I can see that we can avoid some of the unloved tasks.
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Pros: Free, clean interface
Cons: Invoice categorization is a little bit complicated
Best Uses: Small businesses
Wave Accounting
Wave is a free small business accounting app. It's a full-featured application geared to freelancers, small businesses, and solo entrepreneurs -- anyone who works for themselves and has to handle book Learn More →