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Wave Accounting vs Square Point of Sale Comparison

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Overview

Category Leaders

Wave is an all-in-one accounting solution for small businesses which combines income and expense tracking, invoicing, receipt...

Category Leaders

Square Point of Sale is a POS solution for Android and iOS devices which includes tools for managing payments, digital receipts,...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

No videos yet

Pricing

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.4

1.3K

5

4

3

2

1

856

368

74

27

46

  • Value for money
  • Ease of use
  • Features
  • Customer support
94%
would recommend this app

4.7

2.4K

5

4

3

2

1

1.7K

501

91

21

18

  • Value for money
  • Ease of use
  • Features
  • Customer support
98%
would recommend this app

Pros

The application is amazing, allowing invoice creation online with ease, theres also a mobile app that works just as good. The ability to quickly view whats outstanding or upcoming is an absolute gem.
It's a great software and works well for my basic use case as a solopreneur. The payments feature is also nice and the reporting is great.
I thought it was going to be great when I saw that it functioned with Etsy. And I loved that it is free.

Pros

Square is an awesome piece of software to use. The retail side has great capabilities for sales, inventory, gift cards, rewards, and much much more.
Square is very simple to learn and use as an end user, and it has gain a lot of popularity recently, customers feel more and more comfortable with this system.
Easy and inexpensive way to take credit card payments for my small business. This provider is awesome, and helps my small business to easily accept cards.

Cons

I am not able to write off a partly paid bill as bad debt if all attempts to reclaim the payment from my clients fail. Sometimes, people pay about 70% and fail to pay for the rest.
It can be glitchy at times. I had problems with my transactions imported from my connected bank account, and then when I tried to remove the account and re-connect it, I received error messages.
Then, January of 2021, Paypal import was abandoned. Without those 2 features, the software is essentially useless since it creates extra work each month.

Cons

If I am to complain about something I would complain about the percentage I am giving back to square but that it the cost of doing business.
The only thing that has ever been slightly frustrating is the traditional card reader being sensitive when swiping cards. Sometimes I'll have to try 3-4 times to get it to register.
I dislike that it fails sometimes and it is not accessible at many different vendors and restaurants.
  • Vendor responds to reviews
  • Last review6 days ago
  • Vendor responds to reviews
  • Last review7 days ago

Key features

  • Total features73
  • ACH Payment Processing
  • API
  • Access Controls/Permissions
  • Account Reconciliation
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Automatic Billing
  • Bank Reconciliation
  • Barcode/Ticket Scanning
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • CRM
  • Cash Flow Management
  • Cash Management
  • Cataloging/Categorization
  • Clock In/Out
  • Collaboration Tools
  • Commission Management
  • Contact Database
  • Contact Management
  • Core Accounting
  • Credit Card Processing
  • Currency Conversion
  • Custom Cake Orders
  • Customer Accounts
  • Customer Database
  • Customer History
  • Customer Management
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Data Security
  • Data Synchronization
  • Delivery Management
  • Device Enrollment
  • Discount Management
  • Document Storage
  • Electronic Payments
  • Electronic Signature
  • Email Reminders
  • Employee Management
  • Estimating
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Bakeries
  • For Bars/Clubs
  • For Government
  • For Jewelry Stores
  • For Real Estate
  • For Religious Organizations
  • For Restaurants
  • For Small Businesses
  • For iPad Devices
  • Fraud Detection
  • Fund Accounting
  • General Ledger
  • Gift Card Management
  • Income & Balance Sheet
  • Inventory Control
  • Inventory Management
  • Inventory Tracking
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Item Management
  • Labor Cost Calculator
  • Layaway Management
  • Loyalty Program
  • Menu Builder
  • Mobile Access
  • Mobile App
  • Mobile Payments
  • Multi-Currency
  • Multi-Location
  • Multi-Store
  • Nonprofits
  • Offline Access
  • Online Invoicing
  • Online Ordering
  • Online Payments
  • Order Entry
  • Order Management
  • Ordering Automation
  • PCI Compliance
  • Partial Payments
  • Payment Processing
  • Payroll Management
  • Point of Sale (POS)
  • Price/Margin Management
  • Pricing Management
  • Profit/Loss Statement
  • Project Accounting
  • Promotions Management
  • Purchase Order Management
  • QR Codes
  • Quotes/Estimates
  • Real Time Data
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reminders
  • Remote Access/Control
  • Reporting & Statistics
  • Reporting/Analytics
  • Restaurant POS
  • Retail Inventory Management
  • Retail POS
  • Returns Management
  • Revenue Recognition
  • SSL Security
  • Sales History
  • Sales Reports
  • Sales Tax Management
  • Sales Trend Analysis
  • Search/Filter
  • Security Management
  • Separate Checks
  • Spend Management
  • Split Checks
  • Status Tracking
  • Stock Management
  • Tax Calculation
  • Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management
  • Tips Management
  • Transaction History
  • eCommerce Management
  • Total features102
  • ACH Payment Processing
  • API
  • Access Controls/Permissions
  • Account Reconciliation
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Automatic Billing
  • Bank Reconciliation
  • Barcode/Ticket Scanning
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • CRM
  • Cash Flow Management
  • Cash Management
  • Cataloging/Categorization
  • Clock In/Out
  • Collaboration Tools
  • Commission Management
  • Contact Database
  • Contact Management
  • Core Accounting
  • Credit Card Processing
  • Currency Conversion
  • Custom Cake Orders
  • Customer Accounts
  • Customer Database
  • Customer History
  • Customer Management
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Data Security
  • Data Synchronization
  • Delivery Management
  • Device Enrollment
  • Discount Management
  • Document Storage
  • Electronic Payments
  • Electronic Signature
  • Email Reminders
  • Employee Management
  • Estimating
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Bakeries
  • For Bars/Clubs
  • For Government
  • For Jewelry Stores
  • For Real Estate
  • For Religious Organizations
  • For Restaurants
  • For Small Businesses
  • For iPad Devices
  • Fraud Detection
  • Fund Accounting
  • General Ledger
  • Gift Card Management
  • Income & Balance Sheet
  • Inventory Control
  • Inventory Management
  • Inventory Tracking
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Item Management
  • Labor Cost Calculator
  • Layaway Management
  • Loyalty Program
  • Menu Builder
  • Mobile Access
  • Mobile App
  • Mobile Payments
  • Multi-Currency
  • Multi-Location
  • Multi-Store
  • Nonprofits
  • Offline Access
  • Online Invoicing
  • Online Ordering
  • Online Payments
  • Order Entry
  • Order Management
  • Ordering Automation
  • PCI Compliance
  • Partial Payments
  • Payment Processing
  • Payroll Management
  • Point of Sale (POS)
  • Price/Margin Management
  • Pricing Management
  • Profit/Loss Statement
  • Project Accounting
  • Promotions Management
  • Purchase Order Management
  • QR Codes
  • Quotes/Estimates
  • Real Time Data
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reminders
  • Remote Access/Control
  • Reporting & Statistics
  • Reporting/Analytics
  • Restaurant POS
  • Retail Inventory Management
  • Retail POS
  • Returns Management
  • Revenue Recognition
  • SSL Security
  • Sales History
  • Sales Reports
  • Sales Tax Management
  • Sales Trend Analysis
  • Search/Filter
  • Security Management
  • Separate Checks
  • Spend Management
  • Split Checks
  • Status Tracking
  • Stock Management
  • Tax Calculation
  • Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management
  • Tips Management
  • Transaction History
  • eCommerce Management

Integrations

  • Total integrations39
  • Authorize.Net
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • HubSpot CRM
  • Microsoft Excel
  • Microsoft Outlook
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • Total integrations98
  • Authorize.Net
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • HubSpot CRM
  • Microsoft Excel
  • Microsoft Outlook
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier

User reviews that mention these apps

D
AvatarImg

Daryl

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

Wave Accounting logo

Wave Accounting

Great features!

Reviewed 9 years ago

Have been using Wave for over a year now and I will never go back.

Pros

Payroll

Cons

Lacks Square integration

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Lakshmia F.

Marketing and Advertising, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Wave Accounting logo

Wave Accounting

Great Accounting to start with, but not to grow with

Reviewed 4 years ago
Pros

Starts as a free plan Takes Paypal, Stripe and Square

Cons

Support is RUDE Even if you invoice using paypal, stripe or square, they will NOT process the payment with them! They force you to use bank transfer, even when you disconnect the account. That's not really secure, smart or consumer friendly.

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James R.

Professional Training & Coaching, self-employed

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

My go-to invoicing and accounting tool for my small business!

Reviewed 2 years ago

Nothing but amazing! I'm so glad I switched from Square for my invoice and payment processing.

Pros

It is so easy to use, and customized specifically for small business owners. I absolutely LOVE the invoice feature - it's the primary feature that I use - and it just works so well. My completed payments rate is 100% and I believe is at least in part due to how easy the process is to view/pay invoices.

Cons

Sometimes I wish the payment speed was faster after a client makes a payment, but then they introduced instant deposits and I'm happy to pay the small fee to get my money faster!

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Becca G.

Higher Education, 1,001-5,000 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Stop Manually Entering Receipts for your Business!

Reviewed 4 years ago

It's free and saves me SO much time for expense tracking. I've already recommended it to several friends with small businesses.

Pros

I love the receipts feature, where you can take a photo of a receipt (or upload a screenshot of an invoice, such as you have with Amazon orders) and upload. The app reads the receipt for the business name, date, and total. You can then choose a category that the receipt goes in (i.e. Purchase- goods and materials) and a source (i.e. Cash on hand).

Cons

It wasn't immediately obvious to me how to enter income. It would track it automatically if I were using Wave for online invoicing and payments, but I already have an online store with payments through Square, so I had to figure out how to manually enter income from my Square sales if I wanted to get an overall picture of profit and loss. I would LOVE if Wave had a way to import data from Square, Shopify, and other sales apps, which typically have an export (CSV or Excel) feature for reports.

BS
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Bonnie S.

Sporting Goods, 1-10 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Wave Accounting logo

Wave Accounting

Easy to use for beginners

Reviewed 4 years ago
Pros

I like that it is easy to use for beginners and for a small business just trying to keep track for tax purposes.

Cons

I would like it to be more easy and straightforward to integrate different accounts with it. Like square.

EB
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Erica B.

Entertainment, self-employed

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Prefer Wave over Square

Reviewed 3 years ago

I switched over from Square (which I never really loved) - Wave seems to have more options and capabilities, which I really like.

Pros

Wave has an incredible number of options for your sales. I like that you can use it as regular invoicing software (generating a good-looking PDF), you can allow for online payments (which transfer quickly to your bank account,) and I particular like the Checkouts option - it allows you to post a link and let people buy/pay for your good or service without invoicing them, which is super handy.

Cons

Sometimes I'm moving too quickly and forget that I need to "create" a new item or customer and it kicks me back to a blank field.

AR
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Verified reviewer

Management Consulting, self-employed

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

Wave Accounting logo

Wave Accounting

Does not have the most basic features like bulk edit.

Reviewed 4 years ago

Would not recommend at this point.

Pros

Free and not much else.

Cons

Many basic things like logging mileage or making bulk changes to income classifications are missing.

AR
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Verified reviewer

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Best Financial Software for Small Business

Reviewed 5 years ago

We get our credit card processing, accounting, bank reconciliation and payroll in one easy to use application.

Pros

I love that the base software is fully functional and yet free, since Wave makes money from credit card processing and not outsourcing to a third party like Square or Stripe.

Cons

Nothing so far. All of the pieces of the application work exactly as we expected. We are not disappointed at all.

KS
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Ken S.

Management Consulting, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

Share this review:

Wave Accounting logo

Wave Accounting

Good forbasic Bookkeeping

Reviewed 5 years ago
Pros

The software itself is great for a free program, it has a very clean user interface. Simple to set up and use

Cons

They seriously need to work on the payment processing. I ended up refunding a client only to reprocess through Square. I would rely on running my payroll with this company

AR
AvatarImg

Verified reviewer

Marketing and Advertising, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

Wave Accounting logo

Wave Accounting

Wave stole money from my account.

Reviewed 4 years ago

Their customer experience killed the whole software experience for me.

Pros

The software is easy to use and has a good user interface.

Cons

Their customer support is extremely horrible. They take days to respond and do not answer your questions. They refunded a sale on my account after I had already shipped the product. They did this without checking with me first. When I emailed them asking what happened, they played games with the answers. They refused to be direct and say too bad your loss. Instead, they were giving me the runaround for about 10 days until I realized they couldn't care less and I was left without the money for the sale. "essentially Stealing money from my account". I could not, in all honesty, recommend this software based on that one experience combined with their customer service experience, and the theft of that sale. This is only a stepping stone or backup until something better comes around.

RG
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Robert G.

Military, 10,001+ employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Super

Reviewed 24 days ago

Fluide, sympa, original, pratique.

Pros

Tout est génial vraiment j'adore bravo. Fantastique.

Cons

Aucun point faible. Pourtant j'ai cherché, mais pas trouvé. Bravo.

Showing original review in French. See translation

ES
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Emma S.

Construction, 1-10 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Wave Accounting logo

Wave Accounting

Wonderful Program for Small Business

Reviewed a year ago

At this point in our business, We would not consider switching programs. This is top notch.

Pros

Wave Accounting is a wonderful resource for small businesses. It’s a free resource that makes tracking your spending incredibly easy.

Cons

There are more features/easier functionality for a paid subscription, but you don’t necessarily need it.

DH
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Don H.

Design, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Wave Accounting is a must have for small business

Reviewed 7 months ago

It's wonderful! I switched over from Quickbooks Online

Pros

I love the ease and simplicity of Wave Accounting. It's direct and to the point with great functionality. You have a lot of control over-invoicing, recurring billing, creating customers, applying expenses to projects, etc.

Cons

The reporting is ok, a lot of it's failings are in how I'm using it vs the feature not being available.

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Rivka N.

Internet, self-employed

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

I love wave!

Reviewed 3 years ago

BEfore I started using wave, when I wanted to do my taxes I had to go through all my bank accounts, entering things that came in and out at the end of each year. Now with Wave, every sale is accounted for, and I can get detailed reports on all my income. Makes things a breeze!

Pros

I love how easy it is to create and send invoices, and track income for my business.

Cons

I wish it was easier to enter a payment received, not necessarily through an invoice. If I received a payment, even if the client doesn't require an invoice, I have to go through the whole process of creating an invoice, instead of just entering the payment.

TS
AvatarImg

Tahwii S.

Used other for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

Wave Accounting logo

Wave Accounting

Simple and easy to use

Reviewed 5 years ago
Pros

It has a clean interface that is easy to use. Connnectinf bank accounts was simple and sending invoices were a no brainer. The Wave Receipt app is great for uploading images on the go for no extra charge.

Cons

When I used it it did not integrate to Woocommerce so I had to manually add all sales and inventory. This became time consuming as the business grew. Moreover, there wasn't a way to add Stripe, Square, or Amazon Payments.

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Karl E.

Construction, self-employed

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Ideal for Small Business

Reviewed 5 months ago
Pros

The freemium entry point is ideal especially considering this is a cloud product, there is no need to management an IT infrastructure.

Cons

Lack of features, cost assemblies, inventory management & items system.

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Robert D.

Wholesale, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Wave Accounting logo

Wave Accounting

Wave: It's still free

Reviewed 3 years ago

Overall, we would recommend Wave and as a startup we needed a low-cost option. This was it.

Pros

Quite frankly, the price point (free) can't be beat. Unfortunately, it can be a bit unwieldy when using Wave for large transaction volumes.

Cons

Organizing transactions can be a real bear. It's definitely not something I enjoy doing. Perhaps for small-scale gig workers this is a better solution.

AR
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Verified reviewer

Accounting, 11-50 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Wave Accounting logo

Wave Accounting

Best Free Accounting Software

Reviewed 4 years ago
Pros

Its Free - there really is no great competition for them at this price point. It does cloud accounting very well for a free platform.

Cons

The user interface at times is not quite as intuitive as the paid competition, but can't really complain when its free.

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Nigel C.

Sports, self-employed

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Wave Accounting logo

Wave Accounting

Great simple accounting software

Reviewed 3 years ago

Manages all my accounting needs for my side business

Pros

Super easy to create professional invoices and track payment history. I'm able to manage my complete business finances and get prompt financial updates at any point!

Cons

Took some tinkering to be able to bill reimbursable expenses on invoices and have it not count as income.

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Trevoulin G.

Information Technology and Services, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

The best start for small business owners

Reviewed 2 years ago

My overall experience with this software was great! I've never struggled or thought about moving away. Its the best starting point for a business to go.

Pros

Wave Accounting's ease of use was the best thing about it. I needed something quick and with a small learning curve, it was the right choice. The looks and professionalism of the templates helped me switch from Invoiceable to Wave accounting. And despite all the other apps on the market, this cloud-based software was the best I found.

Cons

I didn't like that I couldn't link my bank account anymore after recent updates. There was a huge shift from the international market to just the US. It doesn't have a lot of customization for the invoices or estimates. You have to make do with what you have.

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James M.

Information Services, 1-10 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

For quick and easy accounting task, you can't beat WAVE

Reviewed a year ago
Pros

Very simple and quick to set up and start using. Does everything we needed it to do without all the mess of larger systems. Non-accounting people will find this service amazing.

Cons

Not much constructive criticism to share, maybe that some of the notification services could be set 'one-time' rather than having to set for each transaction, but that is a small point, overall this service is great!

MW
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Martha W.

Events Services, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Wave Accounting logo

Wave Accounting

Great Invoicing & Account Software

Reviewed 4 years ago

It's been great! The support is helpful but rarely needed because the system is so easy to use. I highly recommend it.

Pros

Wave is AMAZING! When I first started our business I looked high and low for a simple to use, elegantly designed, and inexpensive option for invoicing and Wave was the only one I found that hit all the marks. They have a sleek, beautiful design that is easy to use even for beginners and the software works extremely well for small-medium size businesses. They also offer seamless online payments, reminders, & payroll if needed. Overall we have been very happy with the program.

Cons

Not as many accountants are comfortable using anything other than quickbooks at this point but I've found the pro's far outweigh this con.

MB
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Micah B.

Marketing and Advertising, self-employed

Used other for 2+ years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Wave Accounting

Wave is top notch and you can get it for free

Reviewed 2 years ago

Wave is great for users who are just getting started, but want a top of the line software.

Pros

I like how easy Wave does everything. Not clunky, but money was put in this software especially all it can do. I like the lay-out of it, it's hard to get lost. It is more of a vertical layout if anything.

Cons

Nothing I can say right now. As my business grows I will point out the flaws if I see anything that sticks out.

WJ
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Winford J.

Architecture & Planning, self-employed

Used weekly for 1-2 years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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Wave Accounting

Beware! Wave reversed a payment 10 months later

Reviewed 4 years ago
Pros

Price is good. Fairly simple to use. Easy to set up.

Cons

Beware. They reversed a sale that was made 10 months earlier even though the contract clearly showed the customer received MORE than they paid for. The customer even signed a termination agreement stating very clearly that there was no further obligation upon EITHER party. The facts were clearly ignored or not accurately argued by Wave as they “represented” our interests to Visa. Wave’s low priced service just cost me thousands of dollars. Immediately going back to QuickBooks.

AR
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Verified reviewer

E-Learning, 1,001-5,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Wave Accounting

One of the best for small business and it's even free!

Reviewed 2 months ago
Pros

The free version for a single user is nearly unheard of these days. Additionally, there are a TON of features that are available at the free price point. Certainly worth paying for the customization or additional users, though. It's in the cloud and you can access it anywhere. There's even an app for when you're on the go.

Cons

Nothing that I can say. I use limited accounting functionality. I only use invoicing and payment recording. Everything just works.

AR
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Verified reviewer

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

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Square Point of Sale

Selling goods? Square POS is for you! Fast, easy, and uncomplicated.

Reviewed 5 years ago
Pros

I am a freelance business, so whenever clients want to pay with credit card, I have Square as one my options. I also use an invoicing software that takes credit cards as well as an online website that run through a different system. Square was the first system I used when I first started out and it's a solid system, but I've found better alternatives throughout the years though I still use it occasionally....

Cons

No ability to create invoices for services. I have the old Square attachment for my phone and it doesn't take the new chip cards. I have to purchase the new one in order to process those cards and that's kind of a nuisance.

AR
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Verified reviewer

Food & Beverages, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Square Point of Sale

Super User Friendly

Reviewed 5 years ago

Register system and accounting

Pros

Square POS is a very intuitive and simple system that makes it easy to add and import items to a sale system.

Cons

Square makes you pay for a lot of "add-on" features that seem like they should be included and the interest rate is a bit high.

BS
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Barry S.

Nonprofit Organization Management, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Square Point of Sale

The perfect mobile POS product for mobile locations.

Reviewed 5 years ago

We were able to start accepting credit cards at our mobile fundraising sites the same day we set up the software. It was simple to set up, but very flexible.

Pros

This software has allowed us to easily and affordably conduct mobile fundraisers and retail sales. The cloud based software allows for a remote administrator to set up the software for use by multiple employees in multiple locations to conduct sales and fundraising. This software has saved our non-profit thousands of dollars in labor costs and travel expenses.

Cons

The Square Software can be difficult to merge with an established Quickbooks stand alone accounting system.

AR
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Verified reviewer

Nonprofit Organization Management, self-employed

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Square Point of Sale

Must have for small business!

Reviewed 6 months ago
Pros

Love how easy it is to install and use. Portable and user friendly!

Cons

I wish I could figure out if I was able to link transactions to other accounting software.

JN
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Jeanne N.

Automotive, 11-50 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Square Point of Sale

Very Easy to Use

Reviewed a month ago
Pros

Square Point of Sale is very easy to use, cost effective, and a good option to using an accounting software program.

Cons

It's not an all in one solution like an accounting program, but a great POINT OF SALE option.

TS
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Tahwii S.

Used weekly for 1-2 years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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Square Point of Sale

Simple Design and Fast Checkout

Reviewed 5 years ago
Pros

Square has great brand recognition which is important to customers when obataining credit card payments. The ability to transfer money to your bank account the same day for a low fee is quite convenient. I appreciate the sales graphs and ease of use when at shows, we can quickly check it customers and send reciepts. It's great that inventory can also be updated to reflect recent sales through the Woocommerce integration feature.

Cons

If there was a program to upload Square transactions to Xero Accounting that would make my life easier.

CP
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Chintan P.

Retail, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Square Point of Sale

Most convenient POS system for in-filed payment processing.

Reviewed 3 months ago

Overall, the platform allows us to process / collect payments quickly and has helped us keep our ARs low.

Pros

The easy with which this app allows any of our techs to finalize the service call visit charges and process the payment before leaving the client's place.

Cons

Reporting options is only available to accounting role. Techs set up for only processing the payment don't get access.

MO
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Maria O.

Restaurants, 1-10 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

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Square Point of Sale

The only POS for small businesses' small budget.

Reviewed 4 years ago