You can then dig down as deep as you like with expense tracking and customized reports to manage your revenue, categorize expenses, and find cost-cutting opportunities. You’ll also experience peace of what is a creditor petition for bankruptcy mind knowing your personal financial information is backed-up and secure. If you’re a freelancer or other solo service provider, Wave is a better option.
Customers love Wave
We built our Payroll tool for small business owners, so it’s easy to use AND teaches you as you go. We provide different levels of support for customers who use different features and services from Wave. Full details on how Wave support works are available here.
Wave helps make sure you’re paid for your hard work. Make it easy and convenient for your clients to pay by offering options like bank transfers, credit cards, and online payments. And even better, get rid of late payments with Wave’s Pro Plan features like automated reminders and recurring invoices. Wave allows you to search transactions, design accounting reports and reconcile data across other Wave products. Plus, you can calculate sales tax bank reconciliation exercise and answers automatically, customize payment terms and enjoy access to easy-to-understand cash flow insights.
- 1 Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments.
- You can then dig down as deep as you like with expense tracking and customized reports to manage your revenue, categorize expenses, and find cost-cutting opportunities.
- Create customizable invoices from templates with easy drag-and-drop editing.
- Wave’s accounting software is built for small business owners.
Accounting software to keep you organized
Wave Accounting offers free software, meaning you won’t need to submit a credit card or payment information to use it. It can help you manage your bookkeeping, accounting and invoicing processes through a few internal integrations. Enable invoice payments through credit card, bank and Apple Pay. Pay per use so you’re only charged when technology clients use this feature. Approval is subject to eligibility criteria, including identity verification and credit review.
Quickly create and send unlimited invoices, look like a pro with customizable templates, and get paid fast with online payments. With the Pro Plan, automatically import, merge, and categorize your bank transactions. It’s always available, and it’s backed up for extra peace of mind. We provide different levels of support, depending on the plan and/or the add-on features you choose. Enable invoice payments by credit card for a pay-as-you-go fee as low as 2.9% + 60¢, and watch the money roll in.
Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. Once you sign up online, you can start using Wave’s features right away. All you have to do is share your business name, type, address and the currency you use. Where Wave falls behind, however, is its customer support. There’s no live support unless you pay for it so you’ll have to dig for the answers to your questions in the help center or cross your fingers that the automated chatbot will help you out.
Invoicing
As long as you’re content with basic features and don’t see yourself expanding in the foreseeable future, you’ll find this completely free, easy-to-use software particularly appealing. Since you don’t have to pay anything to get started, it’s certainly worth trying out. Wave also offers a free app to help you manage your invoices on the go. With Wave Invoicing, you’ll be able to track, edit, send and pay invoices from any mobile device. In addition, Wave allows you to manage multiple businesses on one free account and uses double-entry accounting, which is ideal for accountants and tax time. Make it easier for your customers to pay you through a Wave invoice, right from their bank accounts.
Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information. Wave’s accounting software is built for small business owners. Be net sales defined your own accountant, thanks to Wave’s automated features, low cost, and simple interface.
Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. When everything is neatly where it belongs, tax time is simple. Wave’s smart dashboard organizes your income, expenses, payments, and invoices. Have an eye on the big picture so you can make better business decisions. Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. You can mark invoices paid on the spot, so your records are instantly up to date.