I have been using WaveApp For 2 years

Pros

I absolutely love Waveapp. It is easy to use to manage my client invoices, estimates, employee payroll, and track business expenses.

Cons

The only drawback is waiting several days for funds to be transferred to your bank account. When my clients make a payment, I get a notification that I have been paid, however, those funds take a few days before they actually show up in my bank. It would be great if Waveapp was a bank as well.

Wave is better than Xero & QuickBooks

My overall experience has been spectacular. It was easy for me to add bank accounts and integrate other key extensions. I prefer this over Xero only because it's free and easy to use on both mobile and desktop. It's packed with many things that I still have to explore when I get the chance. I think everyone should give this software a shot before they decide on moving on to a paid platform.

Pros

I like that it's completely free and has many easy aspects of adding receipts, reporting, tracking your expenses, bank accounts and more. I compared it with other bookkeeping software and Wave is the best because it's free and does the same things as other platforms but more. I will mainly be using this in my business to keep track of taxes and file it accordingly.

Cons

There are no cons for me for this software as I recently started using it. I think the only thing they should do is continuously adding more features and updates.

This is very DIY and was missing important things

Pros

Price. Seemed like less $ than other services. We were using Wave for accounting and that software has more good things going. For someone with a DIY mentality around Taxes and regulatory alignment, I guess this could be ok.

Cons

They missed some notes about things we need to file and it cost us money and time.

If was any simpler it'd be illegal

Super simple. We were actually able to get everything set-up in 4 hours, not missing a beat, employees were paid on time and reporting cash in - cash out doesn't require a degree from MIT.

Pros

I can't even begin to say how SIMPLE it is! I was looking for something that my Daughter and Wife could use to do AR/AP as well as payroll. It took me literally 4 hours to get 237 employees added with their payroll information. Didn't miss a payday :-)

Cons

The invoicing was/is clunky. You only have 3 designs to choose from. I haven't found a way to import designs from another invoicing software that I was using. I'd kind of like to just have one......but it's not too important right now.

The BEST, most simple accounting software

With wave accounting I am able to easily create invoices and bills. I am able to effortlessly pay contractors & employees with direct deposit.

Pros

Ease of use, customer service, price, features & design.

Cons

Some solutions require a work around that is not intuitive.