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  1. Business Software
  2. Accounting Software

  3. Wave Accounting

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Wave Accounting

Brand: Wave Financial

4.2

11 Ratings & 10 Reviews

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Wave Accounting is an accounting software that provides features including invoicing, billing, payment tracking, payroll management, finance management, credit card processing, and receipt scanning. ...Read more

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Starting at

$ 19.00 /Month

Features

  • check_icon Payroll Management
  • check_icon Tax Management
  • check_icon Purchase
  • check_icon Accounting
  • check_icon Analytics & Reporting

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Wave Accounting Software Pricing, Features & Reviews

What is Wave Accounting?

Wave Accounting is an online accounting software designed to simplify and streamline various business financial processes. The platform offers comprehensive features, including invoicing, billing, payment tracking, payroll management, finance management, credit card processing, and receipt scanning. It allows businesses to manage all bank account and credit card information in real-time.

The software provides a user-friendly dashboard that includes an invoicing tool with customizable templates, enabling small business owners to tailor invoices to their needs. It offers the ability to collect payments directly through credit card processing. Businesses can send invoices via email, and recurring invoices and automatic payment options are available for regular customers. Users can generate various reports for sales tax, balance sheet, cash flow, and profit/loss. This comprehensive reporting functionality gives businesses insights into their financial performance and facilitates better decision-making.

Why Choose Wave Accounting?

  • The accounting software allows users to facilitate online payment acceptance and monitor customer payments.
  • It enables users to organize records by scanning and uploading receipts with automated information extraction.
  • The platform enables users to automate payment reminders to reduce accounts receivable and improve cash flow.
  • It allows users to manage projects, create tasks, assign them, and track progress within the platform.

Functionalities of Wave Accounting

  • The accounting software allows users to scan and upload receipts for organized record-keeping with automated information extraction.
  • It allows users to categorize and track business expenses for better financial insights.
  • The platform allows users to generate detailed financial reports, including profit and loss statements, balance sheets, and cash flow statements.

Benefits of Wave Accounting

  • The accounting software allows users to calculate taxes and facilitate online tax filing with Wave automatically.
  • It allows users to efficiently manage payroll, including tax calculations, deductions, and paycheck issuance.
  • The platform allows users to track employee time for accurate billing and payroll management, integrated with invoicing and payroll features.

Pricing of Wave Accounting

Wave accounting price starts at $19 in United States at Techjockey USA.

Wave Accounting Pricing & Plans

PRO Plan
  • Create unlimited invoices, estimates, bills
  • Add your logo and brand colors
  • Automate late payment reminders
  • Invoice on-the-go with the Wave mobile app
    • Quantity
Starting at $ 19.00
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Wave Accounting Gallery

play How to Categorize Your Transactions in Wave - Wave Accounting

Wave Accounting Features

  • icon_check Payroll Management Offers tools for efficient payroll processing to ensure timely and accurate employee payments.
  • icon_check Tax Management Helps businesses comply with tax regulations by providing tools for tax calculations and reporting.
  • icon_check Purchase Streamlines the purchase process to help businesses manage procurement efficiently.
  • icon_check Accounting Provides a comprehensive suite of accounting tools for managing financial records and transactions.
  • icon_check Analytics & Reporting Allows businesses to generate insightful reports on various financial aspects.
  • icon_check Dashboards Provides a comprehensive overview of financial data to facilitate easy monitoring and decision-making.
  • icon_check Sales Allows businesses to track and manage their sales processes efficiently.
  • icon_check Billing & Invoicing Enables the creation and customization of invoices, with the capability to collect payments online.
  • icon_check Cash Flow Management Helps businesses manage their cash flow effectively for better financial stability.
  • icon_check Expense Management Streamlines the tracking and management of business expenses.
  • icon_check Multi Currency Supports transactions and financial activities in multiple currencies.
  • icon_check Online Banking Facilitates real-time management of bank transactions for enhanced accuracy.

Wave Accounting Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Training:
  • Language:
  • Ubuntu Windows MacOS Linux
  • DesktopMobileTabletiPad
  • Web-Based
  • All Industries
  • All Businesses
  • Small Business, Medium Business, Enterprises
  • Email, Communities
  • Videos
  • English

Wave Accounting Reviews

88%

Have recommended this product

Overall Score

4.2/5
Based on 10 Reviews

Review this product

Your valuable feedback helps others like you make a better decision.

Pros

pros_icon “Wave has fulfilled our needs for an affordable solution for our two subsidiaries. It makes billing and invoices easy.” Nandini Lal - Jul 4, 2024

pros_icon “Setting up Wave was straightforward and initially easy to understand.” Babita - Jul 4, 2024

pros_icon “Wave simplifies recurring billing and saves customer information for easy invoicing. It also allows to adjust the pricing for particular product and services.” Varsha Sharma - Jul 4, 2024

Cons

cons_icon “It only allows to view reports and can’t download reports or combine them. Planning for cash flow is difficult.” Nandini Lal - Jul 4, 2024

cons_icon “It’s entirely online, so you require internet access to manage everything.” Varsha Sharma - Jul 4, 2024

cons_icon “Recurring billing can be annoying. It doesn’t use a sequence for contract names, so I have to manually change names and send invoices.” Surjya Nandi - Jul 2, 2024

SN

Surjya Nandi

Verified reviewer:linkedin_verify

Accountant, Accounting

Individual

Software user since: 6-12 months

Reviewed on: Jul 2, 2024

4.5/5

“Awesome Free Accounting Software for Small Businesses”

Wave offers fantastic flexibility and affordability for small business accounting. It’s easy to use, and I only pay for specific payment features.

Pros :

Cons :

Reason to switch : I love it because it works so well for me. No reason to look elsewhere.

Features

4.5/5

Value for Money

5/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10
JS

Janvi Suman

Verified reviewer:linkedin_verify

User, Accounting

Individual

Software user since: 1-2 years

Reviewed on: Jun 18, 2024

4.2/5

“Wave: Best for Small Business Finances”

Wave is the most affordable and complete solution for small business finances. Invoicing, tracking expenses, and managing taxes are all easy with Wave. I’m looking forward to their upcoming banking features.

Pros :

Cons :

Switched from : QuickBooks

Reason to switch : QuickBooks was too expensive and complicated. Wave is a lifesaver!

Features

4.5/5

Value for Money

4/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10
AV

Ashish Vijayvargiya

Verified reviewer:linkedin_verify

Accountant, Accounting

Software user since: 1-2 years

Reviewed on: Jun 14, 2024

4.1/5

“Provides Fast, Efficient Invoicing”

Wave simplifies invoicing for independent contractors and small businesses, though some features may be more suited for larger businesses.

Pros :

Cons :

Switched from : Freshbooks

Reason to switch : I needed a quick and easy accounting software.

Features

4.5/5

Value for Money

3.5/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10
See all Wave Accounting reviews

Wave Financial Company Details

Brand Name Wave Financial
Information Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.
Founded Year 2009
Director/Founders James Lochrie, Kirk Simpson
Company Size 101-500 Employees
Other Products Wave Invoicing, Wave Payroll

Wave Accounting FAQ

A Wave Accounting is compatible with Windows, iOS, and Android operating systems.
A Wave Accounting is available for android and iOS app users.
A Wave Accounting supports web-based deployment.
A Wave accounting price starts at $19 in United States at techjockey.com.
A Wave Accounting is suitable for businesses looking to streamline their bookkeeping processes.
A Wave Accounting free trial is available at techjockey.com.
A Wave Accounting is free.
A Wave Accounting software is a web-based platform. So, installation is not required. Just open the Setup Wizard to get started.
A The financial software enables businesses to handle their bookkeeping, accounting, and invoicing tasks within a single platform.

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