Home/Accounting Software/Wave
Updated on: April 20, 2019
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Wave

Most affordable accounting software
★★★★★
★★★★★
(797 Ratings) Write Review

An accounting software meant to provide various accounting services to small scale businesses with professional expertise and quality. Wave provides services like Invoicing, Accounting and Receipt scanning without charging a penny to its clients, whereas, features like Payments, Payroll and all the other features that a company might be looking for in an online accounting software are provided at very affordable price. If used efficiently, it can help a company save a lot of money on its accounting activities. This is a very good option for any small business looking for an online solution to handle accounts.

Wave Features Show All Features

Wave Technical details

Support Business Hours Online Customer Type Freelancers Small Business
API Contact Ontario, Canada - M4M 2S1
Deployment SaaS/Web/Cloud Mobile - Android Mobile - iOS Category Accounting Software Payroll Software

Wave Pricing

Pricing ModelFreemium
How much does Wave cost ?
Wave is a free software.
Free Plan
Free

Free means free. Not Free trial.

  • Unlimited bank and credit card connections
  • Unlimited income and expense tracking
  • Unlimited guest collaborators
  • Run multiple businesses in one account
  • Unlimited receipt scanning with our free iOS and Android apps
  • Capture receipts even when you’re offline
  • Receipts are automatically recorded as accounting transactions in Wave

Contact the Vendor to get Detailed Pricing.

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Disclaimer: The pricing details were last updated on 18/03/2018 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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Wave Reviews

OVERALL RATING
4.2
Based on 797 Rating(s)
Rating Distribution
  • 659
  • 63
  • 31
  • 41
  • 3
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Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 18 April 2019)
"Great for those with little accounting knowledge"

What do you like best?

Wave is relatively easy to setup and use. There are some great features that are time saving. The ability to create recurring invoices. The integration with Stripe for payment options. And, I can easily connect with my bank accounts for reporting. It's the perfect solution for small businesses - most likely bigger businesses as well but I can only recommend based on small business.

What do you dislike?

The initial setup and learning curve was a bit time consuming but I had very little knowledge of accounting so took me longer. For those who have used other platforms it should be a breeze.

Recommendations to others considering the product

For those looking for a simple, secure option with loads of features and excellent integration with payment gateways then this product should be trialed.

What business problems are you solving with the product? What benefits have you realized?

I can have all of my clients information, history and invoices in one place to easily find and reconcile when needed. I can create recurring invoices to save time. I can see what cash on hand I have. Reporting is great for tax time.

...more
Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 17 April 2019)
"A free alternative to Quickbooks"

What do you like best?

Wave is free to use unless you add on payroll or bookkeeping support. It's simple to use, allows you to invoice and accept payments, and gets the painstaking job of accounting done efficiently.

What do you dislike?

The user interface is not too exciting and invoicing design is limited.

Recommendations to others considering the product

Wave is a great accounting service to use for your small business. It's robust and plenty capable. If you're tied into the Quickbooks ecosystem you may not transition well but if you are starting fresh Wave is a great alternative to the Quickbooks giant.

What business problems are you solving with the product? What benefits have you realized?

Wave allows me to manage my accounting and accept payments from clients at virtually no cost outside of a payment processing fee which is close to industry standard.

...more
Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 12 April 2019)
"Perfect for my Small Business"

What do you like best?

For my needs, Quickbooks is too expensive and complex. Wave has all the features I need without being overloaded. Plus, it's free! I was using Excel, and my small business quickly grew out of that. Shopping around, I was glad to find a free, feature-light version of accounting software.

Customer support has been very fast and friendly. Much better than my past experience with more expensive products. Any questions or speed bumps in the learning curve were answered quickly.

What do you dislike?

There is a learning curve to entering everything (like the date format). But once I got going, it's been great.

Recommendations to others considering the product

I was so glad to have found this free, easy product for my bookkeeping needs. I did use a couple of online tutorials from YouTube (not made by Wave) to learn to set up my bookkeeping. It also gave me the idea that there are lots of capable people using the product, so I saw this as a good thing.

What business problems are you solving with the product? What benefits have you realized?

I was using excel for all of my accounting. Wave's categories, reports and monthly reconciliation are a blessing! I've cut my accounting from 1-2 days a month to just a few hours.

...more
Delower HosenSource : getapp.com
★★★★★
★★★★★
(Reviewed on 10 April 2019)
Rating only

Rating breakdown

...more
Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 08 April 2019)
"Wave is dope"

What do you like best?

Wave is free! It's got mobile apps that make it easy for me to scan in a receipt or send out an invoice from my phone. It's easy to use, and has a vibrant community waiting to help.

What do you dislike?

The downside? I guess, a downside is that it doesn't tie in to Mint, but even for that, I'm not switching to QuickBooks. Although a bookkeeper friend has suggested that I take a look at QB desktop version, so I will.

Recommendations to others considering the product

If your accountant wants you to pay for QB, tell 'em to get Wave instead.

What business problems are you solving with the product? What benefits have you realized?

Wave makes it easy for me to be a one-man show. I can easily track my income and expenses, assets and liabilities while I manage my website, create my own marketing material and run the one-man sales team!

...more
Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 01 April 2019)
"Great platform at no cost"

What do you like best?

Wave does literally everything we were looking for at no base cost. We are able to keep everything we do in one place instead of having to have multiple programs.

What do you dislike?

I wish you could schedule jobs or create an appointment inside of your program. This would make it easy to take a payment once you are on site.

What business problems are you solving with the product? What benefits have you realized?

We are able to create invoices and estimates that look professional without having to put our customer database inside of another program.

...more
Cheryce EdieSource : getapp.com
★★★★★
★★★★★
(Reviewed on 01 April 2019)
Great software

Overall I love the software and would recommend it to anyone The interface for this software is smooth and welcoming. It’s very user-friendly. To set up your company information is very easy which makes customization a breeze. This software offers a great deal and its free.

Pros
The interface for this software is smooth and welcoming. It’s very user-friendly. To set up your company information is very easy which makes customization a breeze. This software offers a great deal and its free.

Cons
The downside to this is that the payroll feature does not work outside of the USA and Canada.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 9/10

...more
Elsabe TrollipSource : getapp.com
★★★★★
★★★★★
(Reviewed on 24 March 2019)
Rating only

Rating breakdown

...more
Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 21 March 2019)
"using of wave"

What do you like best?

I have been ising wave since long time ago and I have many other but no one like wave, the best thing from them is all the resources they imprements in just one software

What do you dislike?

The thing i donnot like is I would like more templates for the invoices, even so I use one with the colors of my company look cool

Recommendations to others considering the product

Recommendating wave is a pleasure, this is the best for all that have to be with with accounting, billings, invoicing, payroll and more literally you won't need anything else in the administration part, just wave.

What business problems are you solving with the product? What benefits have you realized?

Alot of business issues I have before, in wave everything is well organize and recorded

...more
Source : g2crowd.com
★★★★★
★★★★★
(Reviewed on 21 March 2019)
"Software wave the best I used"

What do you like best?

Wave is awesome, the best wave is for free on what I need. And it gather just in one screen many options for administrating a company. just great to have wave in my company.

What do you dislike?

Is hard to think about something I don't like from vonage, like for real is amazing. Maybe when I send an invoice doesn't let me attahced another file

Recommendations to others considering the product

I recommend wave with my eyes close, Invoicing, billings, profits, overdue payment, I mean have everything just in one place.

What business problems are you solving with the product? What benefits have you realized?

Since I have wave the only thing I can think about is organization, my business is more organized, the bills are great and it looks very pretty.

...more
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Videos on Wave Youtube Official Channel

Online transactions for only 1 percent – Bank payments
Online transactions for only 1 percent – Bank payments

Wave Screenshots

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Wave Accounting Screenshots
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Wave Accounting Screenshots
Wave Accounting Screenshots

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Wave Accounting Accounting Software Software
Wave Accounting Accounting Software Software

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The research is compiled using multiple sources, let us know of any feedback on feedback@saasworthy.com