Wave is a free cloud-based accounting software designed for small businesses. Its key features include invoicing, receipt scanning, payroll, income and expense tracking, and more. In this article, we cover Wave reviews and pricing. Ready to get started? Sign up for free.
Which Accounting Software Provider is Right for You?
Wave’s accounting and receipt services are free to use. Its low cost is one reason users like Wave vs QuickBooks. Users may utilize it to accept online payments for a 2.9% + 30¢ fee for credit cards and a 1% fee for bank-to-bank transactions. Wave pricing for its payroll services is customized.
Credit Card Transactions: 2.9% + 30¢ Bank-to-Bank Transfers: 1%
Looking for a company that scales as you grow? Check out QuickBooks.
*Payroll services are available only to U.S. and Canada-based users.
Ready to get started with Wave? Sign up for free.
Top Accounting Software 2019
Summary of Positive Wave Reviews
Users who gave positive Wave reviews appreciate that it is free to use. They also like that it has a user-friendly interface and a robust set of features. Some commended its proactive set payment reminders.
“Wave offers all the essential financial tools any business needs absolutely free. The dashboard provides a bird’s eye view of all activity and even notifies you when invoices are due. Functions are properly segregated into their categories and the application is quite easy to grasp; there is a very small learning curve. I also enjoy its reports, which makes it easy for me to manage progress and taxes.”
—Miguel A. Gonzalez
Summary of Negative Wave Reviews
Users who gave negative Wave reviews noted that its customization options for invoicing are limited. Some wished for additional third-party integrations and an offline mode for the software. Others complained about its poor technical service and occasional problems when syncing with bank accounts.
“Wave has poor tech support. It’s common to wait more than 10 days for them to respond to an email, and then it’s often a canned or unhelpful answer. Bank connections are a daily battle. Every time I log in to Wave, it’s a guessing game as to which connection is not working that day.”
Top Accounting Software Pick from Fit Small Business
10 Best Accounting Software Options for Small Businesses 2019: The best accounting software for small businesses should be affordable, easy to use, and allow you to easily track income and expenses. In this guide, we looked at over two dozen accounting software and narrowed it down to our top 10.
Check out the list below of some of Wave’s features:
- Unlimited bank and credit card connections
- Unlimited income and expense tracking
- Run multiple businesses in one account
- Capture receipts offline
- Online payments (charged per transaction)
- And more
What are some of the support resources that Wave provides?
Wave provides FAQs, webinars, guides, videos, and blog to help users navigate and maximize software use.
What industries are using Wave?
Wave is being used by lending and banking, insurance, and telecommunications industries.
Here is a list of some of Wave’s popular integrations:
Disclaimer: The following information was provided by Wave and does not necessarily reflect the views of FitSmallBusiness.com.
What is Wave?
Wave offers 100% free, real double-entry accounting for small businesses. As a cloud-based software, Wave allows you to access your data from anywhere, add unlimited collaborators and work on all of your businesses from a single login. Wave eliminates data-entry and puts the financial reports you need at your fingers tips, allowing you to spend more time doing what you love. Your accounting is also seamlessly integrated with invoicing, receipt scanning, payment processing and payroll.
Wave News & Activity
Keep up to date with Wave on our Blog
Wave Customer Service
Wave Unique Features
Wave began with a vision which was rooted in the belief of providing free accounting software for small businesses. In 2010, this vision came to fruition, and since then Wave has expanded into a fully integrated solution for small businesses, offering accounting, invoicing, payroll, payments services and more!