Wave is a comprehensive suite of money management tools designed specifically for small business owners, freelancers, and entrepreneurs. With Wave, you can easily create professional invoices, accept online payments, and manage your accounting all in one place. The intuitive interface and automated features make it simple to stay on top of your finances, even if you have no prior accounting experience. Wave eliminates the need for complicated spreadsheets and manual bookkeeping, saving you time and reducing the risk of errors. Whether you're just starting out or have been in business for years, Wave scales with you. The software integrates seamlessly with your bank accounts and credit cards, automatically categorizing transactions and providing real-time insights into your financial health. When tax season rolls around, Wave has you covered with organized records and reports. Wave's invoicing tool allows you to create and send professional invoices in minutes, with customizable templates to match your brand. Customers can pay you faster with convenient online payment options, and automatic payment reminders help ensure you get paid on time. With Wave, you can focus on what you do best - running your business - while the software takes care of the financial management. It's like having a personal bookkeeper and accountant at your fingertips, without the high costs. Take control of your finances and simplify your life with Wave.
Create beautiful, customizable invoices and automate overdue reminders and recurring bills.
Allow customers to pay invoices immediately via credit card, bank transfer, or Apple Pay.
Monitor cash flow, stay organized, and stop sweating tax season with Wave's accounting tools.
Wave Money automatically syncs your expenses and income with Wave's accounting software.
Pay your staff and yourself in minutes with Wave's easy-to-use payroll tools.
Get coaching from Wave's team of bookkeeping, accounting, and payroll experts.
Pros: super easy to use, Full accounting package, service like book keeping can be purchased, can run multiple business and have multiple users.
Cons: All the above could be done for free, and I understand that watch business needs to make money. But the structures the plans to be based per business not per account. So, to get features like sending an invoice via email you need pay $20US per month for each business, we have 5 businesses, that's $1200 per year. Obviously more features are added, but structuring fees by business and not by account does not make sense.
It's still 4 stars, we love using it, and if they ever fix this recent change, then back to 5 stars.
I switched to Wave after using an incredibly geeky accounting software for years. I used to dread entering all my transactions, but Wave makes it so simple and straightforward that I actually look forward to using it. Plus it's great to have the dashboard where I can see charts showing how my income and expenses are tracking for the year. End-of-year reporting was super easy too. One concern is that it's totally cloud-based, but I've made a habit of downloading my data file after each accounting session, so hopefully I'm backed up if anything ever goes sideways.