Wave Software


 

Wave is a web-based integrated accounting solution exclusively designed for small organizations. Collectively, the solution features accounting, invoicing, billing, payment tracking, payroll management, finance management and receipts.

With the bank reconciliation feature, businesses can link their bank accounts, PayPal accounts and other sources of data for real-time transaction records. Businesses can also generate reports such as balance sheets, sales tax reports and account receivable and payable reports with Wave accounting.

Wave accounting system also provides an invoicing tool to collect money, and users can choose the template of their choice as per the organization’s needs. Invoices can be sent via email, and the system's payment processing allows users to collect credit card payments.

Wave's payroll module (supported in the U.S. and Canada) comes with features such as direct deposit and employee self-service. The personal finance tool features a budgeting tool, real-time investment tracking and a dashboard for personal finance management.

 

Wave - Dashboard
 
  • Wave - Dashboard
    Dashboard
  • Wave - Accounting
    Accounting
  • Wave - Invoices 1
    Invoices 1
  • Wave - Invoices 2
    Invoices 2
  • Wave - Invoices 3
    Invoices 3
  • Wave - Payments
    Payments
Supported Operating System(s):
Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000, Windows 8, Windows 10

593 Reviews of Wave

 

Start your review of Wave

Click to start
https://www.softwareadvice.com/accounting/wave-review/
Software Advice Reviews (103)
More Reviews (490)

Showing 1-20 of 103

Remington from David's Pasture LLC
Specialty: Agriculture
Number of employees: 2-10 employees Employees number: 2-10 employees

December 2018

December 2018

Wave is a great free accounting software.

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

Wave has all you need in a basic accounting software, and it's free! They offer a mobile application, and integration with many other online software.

Pros

It is a free entry-level software. It is based online, so that you have constant access from any device with an internet connection. They have a mobile application that supports multiple devices.

Cons

There is no built-in inventory tracking, and they do not offer integration with any inventory tracking software. They offer nothing in the way of a sales receipt. It does not function well for quick sales transactions.

Review Source
 
 

Jean from Tahoma Vista Fiber Mill
Specialty: Agriculture
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2018

November 2018

Best Free Accounting Software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I've tried others, and this is the best one out there. I continue to recommend it to any small business owners I meet.

Pros

I have multiple businesses, and Waveapps makes it extremely easy to do the dreaded chore of accounting. I can upload bank statements (if I used a large bank, I could even integrate them), accept payments, invoice and pay bills through the software. I can also easily move transactions around between accounts.

Cons

On the mobile app, I have trouble with moving transactions between accounts. I can do most everything else on the mobile version, but the drop down menus don't work on my iPad or iPhone.

Review Source
 
 

suresh from Yaazh Xenomics
Specialty: Education
Number of employees: 11-50 employees Employees number: 11-50 employees

November 2018

November 2018

Best free online tool for accounting

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

We can access accounts from any place since it is cloud-based online accounting software. Best free tool in the market.

Cons

No major cons. if they include inventory / quote options it will be helpful and it attract maximum users

Review Source
 
 

Rebecca from Talbert Transport & Distribution
Specialty: Distribution
Number of employees: 11-50 employees Employees number: 11-50 employees

November 2018

November 2018

More features than Google maps

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

I would still use this app, as sometimes on road trips it is hard to tell what the speed limits are.

Pros

There were a lot more features included than what were available in Google maps, such as speed limits, and it even told you if you were speeding.

Cons

It did not automatically find the shortest route, just the most travelled route, so it took me longer to get to my destination.

Review Source
 
 

paul from CHIPSWOOD
Specialty: Construction / Contracting
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2018

November 2018

just don't trust them with receiving ach money transfers, and forget customer service

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

google is suppose to be tops in high tech, but they can't even complete a transfer in a week, if that is high tech then every other payment handling software is god like. use this invasive program at your own risk!!!!!!!!!!!!!!!!!

Pros

it seeded to offer some good features that would have come in handy, including invoicing customers, and receiving payments

Cons

receiving electronic payment is a bunch of bull, i invoiced a customer, they sent payment through ACH, when i was notified it was sent i expected it within a day, 2 at the most, then i was notified it would take 4 days, but when the 4 days were gone i was told another 4 days, it will be well over a week to get an electronic payment, and customer service is just emailed excuses, refused to even talk on the phone. said this is normal business with them and i should be quiet and deal with it. don't trust this program!!!!!!!!!

Review Source
 
 

Kazim from thecareercafe.co.uk
Specialty: Media
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2018

November 2018

Excellent For the Self Employed

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

Its a great system which has save me loads of time and made me more commercially minded as a result. It's so empowering and makes book-keeping and annual reporting so easy, I am even thinking of ditching my accountant.

Pros

Revolutionized my book-keeping. Really easy to use. I set up all my bank connections quickly (including paypal which is a real bonus). It's really easy to then reconcile your income and expenses and report at the end. It automates and streamlines book-keeping and actually makes the accounts seem quite interesting.

Cons

The invoicing feature is not that attractive. A bit too pricey for my liking and not easy to set up. I don't use it personally, but that's mainly because I already use another payment system for that.

Review Source
 
 

Jena from Euro Prof LLC
Specialty: Construction / Contracting
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

Wave is for a really simple business structure

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Good tool for start ups

Pros

When I just opened my business this software was an excellent tool to track my business related costs. However, as the business structure gor more complicated, it became hard to keep records straight with this software.

Cons

One of the biggest cons of wave is that it’s not providing any tax related forms for businesses , such as 1065 and etc. I would think that a software should be able to produce at the end of the year a tax form that one could file with IrS, but this software doesn’t. Also, they do not file any payroll related tax forms in CT, where my business raised so I can’t use their payroll feature as for the same cost I can get access to other payroll providers who will file all necessary tax paperwork in CT .

Review Source
 
 

Nick from Envest Microfinance
Specialty: Accounting / CPA
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

Great free option

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Great option for small businesses who can't yet justify more expensive software

Pros

- Price (free)
- Easy user interface
- Convenient report functions
- Open API integrations for automated bank feeds

Cons

- Limited reports available -- not as many as Quickbooks for example
- A bit of a learning curve
- Not many accountants familiar with it, so you are more likely to purchase help if needed

Review Source
 
 

NATHAN from Www.northcentralholdings.com
Specialty: Construction / Contracting
Number of employees: 1 employee Employees number: 1 employee

October 2018

October 2018

Free Accounting Software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Great value for the investment (free) the paid version offered a few more support options, steer clear of you are in construction, currently you'll want quickbooks or another app that has project accounting for those lines of business, otherwise Wave is great!

Pros

The feature set of Wave truly sets them apart from the competition, especially when they are offering the services free.
Wave offers a mobile app to help manage expenses and business functions.
There is a robust chart of accounts platform making organization easier than quickbooks.
Wave also has payment and bank account integrations which could save a business owner hundreds of hours of work per year, however this function is clunky.

Cons

This would not be a good platform for construction companies as there is not any project accounting functions.
There are also no good ways to migrate from quickbooks to Wave. I simply reported my data from quickbooks and have it filed, there is no import functions.

Review Source
 
 

Natalie from Schwartz and Associates
Specialty: Legal
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

Perfect for on the go payments!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

Can easily track your receipts and payments and the attorneys are sometimes visiting clients outside of the office so it's great!

Cons

Sometimes it's slow but other than that I would recommend it to offices that need to track payments outside of the office.

Review Source
 
 

Ailyn Mae from Aprisa Business Process Solution Inc
Specialty: Banking & Mortgage
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

October 2018

October 2018

Wave - best small business accounting website

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

This application is a user-friendly and very useful especially for small and medium business. It helps the business grow by providing basic accounting services. Another thing that i really like is that the software is Free! it includes basic accounting services such as invoicing and receipting

Cons

The application is totally free that is why I don't have any difficulties or predicament on this product.

Review Source
 
 

Belinda from Seed Stock Media, llc
Specialty: Other
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

Simple Online Invoicing - Accounting Tool

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

As a small freelance shop, we needed an invoicing program with accounting capabilities that was simple to learn and use as well as being flexible enough for multiple devices. We tried several other programs but they were either too expensive or too complicated, with many functions we didn’t need, or were too hard to learn. It took very little time for us to learn and set up Wave Accounting for our office and start using the invoicing feature. We're quite pleased with the program.

Pros

We found Wave to be easy to learn and set up and it allowed us to connect to both bank and credit card accounts. Invoicing is easy and flexible allowing us to download a pdf and attach to an email for a client or to send directly from Wave. Our clients can print the invoice and mail us a check or pay online with a credit or debit card through Wave. Wave’s fees are competitive for processing the funds. The funds are directly deposited into our connected bank account, usually within two business days. The invoicing features were our biggest need and the program allows us to send the invoice, send reminders, mark paid and send receipts.
Setting up the chart of accounts was probably the most challenging, but there is a default chart which can be edited or added to and we easily found tutorials online. Their customer service was quite responsive to our questions.
The reports function gave us what we needed for monthly, quarterly and year-end reporting. All in all, Wave was a great solution for our invoicing and accounting needs.

Cons

We needed some specific tax calculations but found there was no way to add a specific formula into the tax account. This requires manual entries for us. Because the program is a streamlined accounting version, which is what we really like, it does have some limitations.

Review Source
 
 

Beth from do it simply
Specialty: Software / Technology
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

A good basic free accounting software

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

Good introductory software.

Pros

Free and easy to set up. This was a big plus for a business that wanted to start using invoicing. Another key positive is that it integrates with Zapier.

Cons

Hard to find things. The layout of business accounting compared to creating/using invoices, and recording payments is not that logical.

Review Source
 
 

Erica from Leasing & Etc
Specialty: Real Estate
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

Wave apps

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

I love that this is an awesome product with great great affordability! It’s really better than its pricing!

Cons

You can’t access estimates on the app. You can only create or view estimates on a desktop not on a mobile device

Review Source
 
 

Sutra from Creative Travel & Events, LLC
Specialty: Hospitality / Travel
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2018

October 2018

Great start for Small Business

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

Easy to use and understand. Great customer service and training to help you get a good start with getting things going.

Cons

Wish there was more reporting options like some of their competitors. Doesn't offer cash basis if your business needs this type of accounting

Review Source
 
 

Mofoyeke from Redberyl Management Consulting Ltd
Specialty: Consulting
Number of employees: 2-10 employees Employees number: 2-10 employees

September 2018

September 2018

HASSLE FREE

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Pros

The mobile interface is really amazing. And I love the reminders wave sent when I have a payment that is overdue. It keeps me on my toes not to relax on payment collection and what more, I have ditched physical and PDF receipts. All my invoicing, receipt issuance and payment capturing are now done online
I can write so much about wave !
I LOVE IT!

Cons

I don't know if it's me not getting the settings right but I can't seem to figure out how to add another business to make 2 on my wave Android app. Other than that, I absolutely love WAVE. so complaints here

Review Source
 
 

Chio from www.ch1o.com
Specialty: Software / Technology
Number of employees: 1 employee Employees number: 1 employee

September 2018

September 2018

Manage your money and get paid

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

It's specially great for freelancers and small biz. I love the fact that you can send invoices from the platform with a neat feature for card payment, right into your client's inbox! Keep track of your money in's and out's, It really helps you make better money decisions!

Cons

The could greatly improve the support for european taxes, payment methods and customer support, it's a little short.

Review Source
 
 

Erika from Forever Young Productions
Specialty: Other
Number of employees: 2-10 employees Employees number: 2-10 employees

September 2018

September 2018

Wave

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Pros

Fantastic option for small business, especially if you are not into using quick books. Love the receipt entry feature, it is surprisingly easy and quick to input

Cons

The only downside is it was a little confusing to learn to use for first timers new to bookkeeping. There are a few video tutorials available to help

Review Source
 
 

Tracy from Tracy's Tax Services
Specialty: Accounting / CPA
Number of employees: 1 employee Employees number: 1 employee

August 2018

August 2018

Great for convenience billing

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Value for Money

Pros

The ease of setting up invoics and being able to email them to your client giving the the option of paying with credit card

Cons

The long process of setting up the bank account and the processing fee to except a credit card payment

Review Source
 
 

Katlyn from advanced care
Specialty: Healthcare / Social Services
Number of employees: 11-50 employees Employees number: 11-50 employees

August 2018

August 2018

Wave app review

Ease-of-use

Functionality

Product Quality

Customer Support

Pros

It has multiple programs for access. Such programs include invoices, payroll, and keeping tract of money spent.

Cons

The only issue I had with this program was integration. I tried to integrate with the program I use for staffing and it was an unconvince.

Review Source
 
 
 
Showing 1-20 of 490

Lenana from Harleys Ltd
Number of employees: 201-500 employees Employees number: 201-500 employees

December 2018

December 2018

Reliable free accounting solution

Ease-of-use

Functionality

Product Quality

Customer Support

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Support

Wave is a great accounting tool. It free to use and is fairly customizable. If you’re looking for a free accounting tool that’s easy to use and effective, you can never go wrong with Wave.

Pros

You don’t need any accounting experience to setup and use this tool. The invoices are clean and professional. You can also customize the invoice to match your needs and wants. Adding customer profiles is also easy and straightforward. The UI is well-designed and enjoyable.

Cons

Like most other free platforms, it has many users and getting the immediate attention of the support is not guaranteed. Wave should also add a field for CC email on each user. The mobile app is not intuitive. Also, at time wave loads slowly.

Review Source: Capterra
 

Charles from Damka Properties Consultants
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2018

December 2018

the best free accounting platform, convenient and reliable

Ease-of-use

Functionality

Product Quality

Customer Support

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Support
Pros

You don’t need to have an accounting background to use wave. The tools helps generate financial reports with ease. Overall UI is intuitive. Invoicing is also quick and easy with Wave. The tools allows me to generate invoices, send invoice to cleans and get notifications when an invoice has been received. I also hear wave links to over 80 banking institutions. (I have not verified this though)I also like the fact that I can all accounts by clicking a few buttons. It is free and could replace the popular Quickbooks

Cons

The mobile experience could be better. They should notify users when automatic payments fail. The platform can be slow sometimes. I also don’t like the fact that wave cannot generate a purchase order. Wave also needs to reduce the number of Google ads on their platform.

Review Source: Capterra
 


December 2018

December 2018

I love Wave!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

I am able to send estimates and then turn those into invoices. I can set up recurring invoices and even auto pay. The accounting feature is free and a nice addition since I am already using the invoicing.

Cons

I wish there was a way to specify when an item on an estimate is monthly, annually, etc. Some of my estimates are confusing because there are things that are one time and other things that are monthly. It adds up weird or I have to create two estimates.

Review Source: Capterra
 


December 2018

December 2018

Love it, Minus Some Quirks

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Pros

Free fully-featured accounting software. Where else can you get that? It's hard to beat!

Cons

It claims to feature a PayPal integration, but handles the accounts very poorly. If I transfer funds from PayPal to my bank, it registers the bank transaction, but leaves the money in the PayPal account. It can't even ping the PayPal balance so I have ghost money in accounts that I have emptied into my main bank account. Very frustrating!

Review Source: Capterra
 


December 2018

December 2018

What I was looking for

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

The accounting and invoicing sections are the most helpful to me! you can connect to your bank account and track business transactions so much more easily!

Cons

I wish the processing time for payments was a little quicker. But, I talked to a customer service rep the other day and they said they are working to fix this in 2019.

Review Source: Capterra
 

Preston from DENTAL SMILES FOR KIDS LTD KENYA
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2018

December 2018

Accounting by wave review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Generally, Wave is a wonderful tool. I have used it since I was employed and I have never experienced any problem with it. It is easy to have two or more people to manage it. My boss can see how many invoices we have created in a particular day. Hence I find it convenient.

Pros

It is easy to use and its free. I do send receipts and invoices to our clients whenever the receptionist is not around. I like how it is integrated with wave receipts hence easy to scan and post to accounting.
We do enter the bills using it making it easy for us to pay our creditors on time.

Cons

You can not use it without internet connection. That is the only drawback I have with it. It is a wonderful tool.

Review Source: Capterra
 

Melissa from Seres Consulting S.A.S
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2018

December 2018

MEET MY NEEDS

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

Excellent tool to manage invoices and easy to use
pretty detailed tool, I like I recommend it

Cons

at the moment it works very well I have no negative comments to add

Review Source: Capterra
 

Phyllis from WeSchool Academy
Number of employees: 1 employee Employees number: 1 employee

December 2018

December 2018

Finally, Functionality & Free

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality

I needed to find a solution that would allow me to produce PNL reports. What I was using previously was not working favorably for me.

Pros

I find Wave to be extremely user-friendly with connecting bank accounts. The features are easy to understand and anything I need to change, to meet my business needs, I can. There is even a feature to integrate payroll and to send invoices. So, to have an accounting platform that has everything in one definitely saves money. Did I mention, it's free? Of course, if you want to utilize the payroll or to receive payments via invoicing, there is a fee for those services.

Cons

Honestly, there is nothing I dislike about this software. It seems to have everything I've been looking for in an accounting software and more.

Review Source: Capterra
 

Emily from ERM
Number of employees: 2-10 employees Employees number: 2-10 employees

December 2018

December 2018

Wave Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

All in all if you are just starting out and need something basic and cheap this product will work. I would recommend it only for basic accounting features.

Pros

The software is very user friendly for basic accounting and bookkeeping functions. It helps someone with minimal accounting background to be able to organize the basic daily operations of their business

Cons

I found the software to be slow. It also did not allow me to customize reports and accounts easily and provide additional detail data.

Review Source: Capterra
 

Asya from Hope Unlimited People Services, LLC
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2018

December 2018

Wave Review

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Pros

Accounting without having to hire an actual individual. Easy to use.

Cons

The amount of time it takes to learn how to use the software.

Review Source: Capterra
 

Ashley from FairBloom Marketing
Number of employees: 2-10 employees Employees number: 2-10 employees

December 2018

December 2018

Accounting by Wave simplifies my invoicing and accounting

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

My experience with Wave has been quite positive. All of my accounting and invoicing is easy to access - but more importantly, I can see at a glance how my business is doing. I just wish it incorporated with my CRM.

Pros

Wave allows me to automate billing and reminders for each client. I can easily adjust each invoice, so if a client adds something temporarily, then I can include that. It also allows my clients to schedule automatic payments and pay online, which makes things very easy for me and for my clients.

Cons

The fees. Although the software is free and I understand entirely that merchant transaction fees are a part of life, I do wish the fees were a bit lower. For the money I don't spend on the software, the fees are more of a personal gripe and not a huge negative for me against the software.

Review Source: Capterra
 

Stacy from WeAreTeachers
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2018

December 2018

Wave is a Great Software When You Want to Stay Organized and Keep it Simple

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I was impressed with it, especially the free options.

Pros

It was incredibly easy to use. We set up recurring payment and organized a customer list through it. We were also able to do invoicing with ease and stay really organized.

Cons

It doesn't have as many bells and whistles, but it's still really great as a basic software.

Review Source: Capterra
 

Silvia from Tranquil Home care
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2018

December 2018

Accounting by wave review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Accounting by wave has made it easy when it comes to serving my clients and employees. It helps me keep records of all the incomes and the overdue in the company. I have recommended it to my friends who are new in businesses and they have liked it. It is free and reliable.

Pros

Accounting by wave made everything easy. No need to do data entry for reports and statement of accounts. It makes it easy for anyone like me who does not have an accounting background. I like how its integrated with wave receipts. I can scan a receipts even when am away from work and post it to accounts.
It is easy to send receipts and invoices to clients via email or even printing.

Cons

Since I started using this software I have never experienced any problem. It is easy to learn about its features.

Review Source: Capterra
 


December 2018

December 2018

Accounting by Wave great solution for small start ups

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Pros

Accounting by Wave is free, with the best customised invoices I have seen even when rated against paying accounting systems. It is easy to figure out for someone with a non accounting/ bookkeeping background. If you are starting out and need a bookkeeping solution, this is the best on the market. We use it for all our start up partners and they love it.

Cons

It may become a bit frustrating for a trained accountant as it is very simplified, keeping it simple I guess is the secret to a successful product.

Review Source: Capterra
 

Katie from Luther Seminary and Augsburg University
Number of employees: 1 employee Employees number: 1 employee

November 2018

November 2018

Fantastic for My Freelancing Side Hustle

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Great experience that provides all the basics for running a small freelance business or side hustle.

Pros

I switched to Wave from Freshbooks when I stopped freelancing full time, but kept it as a side hustle. It was hard to beat the monthly pricetag (FREE!). Now, even if I went back to full-time freelancing, I'd keep Wave. It makes invoicing, bookkeeping, and expense tracking so easy. Plus, I love that I can accept both credit card and ACH payments with it. I also love that it can handle payroll for solopreneurs. It really is a great resource.

Cons

Honestly, it does everything I need at a price you can't beat. Highly recommended for solopreneurs and side hustlers like me!

Review Source: Capterra
 

Shirley from Prairie Gothic
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2018

November 2018

Perfect Accounting App for Me

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Pros

Wave makes tracking business income and expenses super simple. Generating invoices is a snap. I like it and my accountant likes it too. This app could be a huge asset to any entrepreneur or small business owner.

Cons

Just nitpicking but I would like the option to consolidate the Wave Accounting and Payroll apps into a single dashboard.

Review Source: Capterra
 

Vin from Sahadi Fine Foods
Number of employees: 1 employee Employees number: 1 employee

November 2018

November 2018

My go to accounting system! I love it!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I use this software to invoice and bill my clients. I do create estimates sometimes, but the true power of this platform is in the invoicing and recurring invoicing features and the baked in ability for customers to pay online. Super simple to setup and use. I know when my customers view the invoice. The mobile app lets me know when a customer pays. The online portal access is easy and intuitive to use. They are constantly updating the platform. I mean - WOW - for a program that is completely free - it is simply amazing. Should I ever require the need to hire an accountant - I'll be going through these guys first for sure. Amazing job all around!

Pros

It's free. Completely free. You only pay when you need to hire an accountant through them. Wow. LOVE the mobile apps!

Cons

As of now - and to the best of my knowledge - this software is a straight accounting software - so if you need inventory management or other types of addons, this software may not be for you.

Review Source: Capterra
 


November 2018

November 2018

Beautiful product that prioritizes small businesses

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality

Wave is smart and easy to use for my small business, however I do feel like I'm not using it to its fullest potential because I don't need payroll services and some of the other features that wave offers. I do enjoy the clean and professional impression that I am able to give potential clients by using wave!

Pros

My favorite feature is the invoicing capability. Invoices from wave are clean, professional, and customizable - not just with my logo, but down to the color scheme! I love being able to keep my branding consistent across products. Sending reminders, storing products and clients, and having payments delivered right to my bank account are great perks of wave invoicing!

Cons

I wish it integrated into more other platforms, like website hosts. Being able to use a wave plugin on my website to collect payments directly would be excellent. I would like to be able to streamline the number of software products I use in my business, and wave including that feature would definitely help on that front.

Review Source: Capterra
 


November 2018

November 2018

Long time user

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Pros

I've been using Wave since the beginning of my freelance business and it never disappoints. It combines everything you could possibly need from an accounting perspective and also includes invoicing, payroll, quotes, and more.

Cons

What is and isn't included in the pricing is a bit cloudy at times as well as the huge amount of settings and tools in the app. Sometimes it's hard to navigate.

Review Source: Capterra
 


November 2018

November 2018

Perfect for small business owners, especially those just starting out.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

I found Wave whilst looking for basic accounting software, and it's turned out to be so so much more than that. I am amazed that they give away this type of service for free. It's excellent quality software and when I have employees I'll be using it for payroll too (a paid service, I believe). Very high quality and great resources available to help you learn about accounting and bookkeeping.

Cons

I'd like more of the smaller banking services to be supported e.g. Starling. These are new banking services though so perhaps it's only a matter of time before Wave can sync with those too.

Review Source: Capterra