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.
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 :-)
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.
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.
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.
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
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.
They missed some notes about things we need to file and it cost us money and time.
I have been using WaveApp For 2 years
I absolutely love Waveapp. It is easy to use to manage my client invoices, estimates, employee payroll, and track business expenses.
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.
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.
Ease of use, customer service, price, features & design.
Some solutions require a work around that is not intuitive.
I love Wave
Good but could be better, still new
They are a good value for the service, but they don't have full service payroll in many states yet and paying taxes on your own can be tough
They don't have full services payroll, and support is slow to respond. I imagine this will get better over time.
Free but hidden problems
Best thing about it is that it is free but the features are amazing for a free tool. It has a dashboard that allows you to see charts for overdue invoices, bank accounts and credit cards. The invoice templates are great, as this makes it easy to use and you can customized them too. Great way to track and use.
My biggest problem was customer support, very limited and useless. There is a hidden fee that is not mentioned which should be disclosed. A bit of a trust issue with this system.
Good Value for Basic Payroll
A simple, user-friendly interface for small businesses that want to ensure they are abiding by payroll regulations. Works well when set up with direct deposit. Customer support is usually timely and quite helpful.
Doesn't handle vacation accrual very well and does not include vacation payable in reports so manual calculation required. Somewhat inflexible regarding date changes.
Simple and easy to use as their name!
We appreciate the web based option for sheets to allow our remote workforce to access timecards, time off requests, and pay stubs from their locations
No longer have to fill out and turn in paper time sheets. Its very easy to use for all level employees.
At the end of every week it takes about 6 hours to punch in and key all missed punches from employees. But I do recommend the use of this software.
Love this software!
I have been using this for payroll and book keeping for the last several years. It is super easy to use and has almost all the features I need. I create T4s on it and can invoice clients!
I wish it could allow staff access to enter their own hours then I could approve them. This feature would make a big difference!
Love Wave App!
It's a great software for billing and invoicing clients, vendors, employees, and independent contractors. I love the ability to send the invoices via email and getting paid within the system. It's simply, easy to use and have a variety of features including, connecting your financial institution to the app for payment, saving and exporting data and interface is very clean.
The mobile interface does not work very well. The app sometimes crashes. Other than that, there no other cons with the software.
No More Payroll Headaches
This software has saved me a ton of time and frustration. When I have questuins they respnd quickly to help me out.
This sodtware makes it simple to do payroll for my company. The handle all of the taxes and scheduling of payroll liability payments. I love that they automatically fill out my employee tax forms.
The only thing I don’t like is that I can’t set up payroll to run automatically each week. You need to run payroll and approve it. My employees are salary so the pay is the same each week.
Ideal for Small Business
We have been using Payroll by Wave for quite a few years now and are very happy with it. We are one of the top immigration law firms based in Pittsburgh, PA and our mission is to provide affordable experienced representation and personal case handling to cost-conscious clients and businesses. We have very caring and passionate employees that help us achieve our mission.
Payroll by Wave is the perfect solution for our small business needs for running payroll and managing vacation time. It is very easy to use with a very well designed and intuitive user interface. It guides you through the setup process if you are a new user. It has several features such as Reminders, Payroll Review, Direct Deposit, Tax Reporting and Tax filing (we do not use the tax filing feature since we already had a process in place before it was introduced). It is integrated into the Wave accounting platform (we use some other Wave apps as well) and has support for both full-time and part-time employees. Signing up new employees is straightforward.
The Wave Team provides excellent customer service and responds to questions / requests in reasonable time. They are also open to collaborating with their clients to get feedback and make the solution better.
I wish I found about this sooner
This is the best place to organize payments, finances, and payroll. Seriously! It's so easy to setup and a breeze to use. I feel hugged everytime I use wave. They added an Accounting area that it's amazing. I can't say enough how much I love this program. They integrate with paypal, your bank account, etsy! You can create your own invoice template with your logo and colors for free!
I can't find anything in waves that make me want to find another service. There are no cons, they keep adding new features.
I love that it is easy to use and figure out. Costumer service is helpful. Very affordable. Perfect for my small business.
Easy to use. Spells out taxes. Simple. Affordable
Not much. Really good product. I love the payroll feature too much to have a con.
Easy to use but feature rich bookkeeping and payroll for small business
Previously I had QuickBooks online. They were ok, but they cost me about five times the price, and their system has certain traditional accounting options that are way too much for me. Wave does great simple accounting at a really cheap price. I recommend it for any small business owner who needs something they can handle on their own without hiring their own accountant. The only reason I didn't give Customer Service 5 stars is because these folks are located in the eastern time zone and I'm in Hawaii, so I basically never got to talk to them when I paid extra for the phone support because they yabba-dabba-do on home at 5pm EST -- pretty classic, old fashioned business hours. Now I'm back on e-mail support and it's fine -- cheaper anyway. Phone or e-mail, the support staff are all genuine and work with you on a sincere one-to-one basis... no BS'ing or shining people on. Good people; focused, and responsible.
One of my favorite pieces of Wave Apps!
Very Intuitive and Easy to Use Payroll Software
Payroll by Wave is very easy to use, very intuitive, and it's great that it sent payroll reminders and showed you the total amount to withdraw. Direct deposit is another handy feature!
No complaints at all! I only had good experiences with Payroll by Wave!
Wave Payroll - Super Simple Payroll
We've been using Wave Payroll for the past two years for both Canadian and US employees. It's by far the easiest service we've ever used.
- Employees have commented how easily and quickly they get their tax information and direct deposit setup. Payment by direct deposit works great every time, if they have questions, they can view their stubs online easily.
- I don't have to event think about CRA or US tax remittances, it just happens automatically
- Getting T4s, T5s, W2, W3, forms 940 and 941 every year couldn't be easier and they integrate nicely into the accounting part of the service as well
- Automatically filed ROEs are also a nice touch
- Having the payroll service integrated with our invoicing and accounting software just makes everything run smoothly, and saves us a ton of time every month
I absolutely love it! Just get excited thinking about going back!
I love Wave!
This has been the best online payroll tool we've had. Although, since you can have it for free it can surprise as to how good the product is. Not complicated at all, very user-friendly and most important, gets the job done.
I really share no bad feelings towards the product. Ever since we've used it for our small company it has worked very well.
Good for very small business, up to 20 employees? But if you will grow, then this is not for you
Support is ok, but one time there was a delay on payroll from Wave's end, and it was 5PM on a friday, the support team cut us off and we were left in a lurch. Not exactly a great feeling. We will be moving off Wave as soon as we can.
We will looking at payroll in Quickbooks online, ADP/Cerdian, and BlueMarble
It is easy and straight forward to run a payroll and to setup new employees.
Reporting is terrible. I cannot run summary reports by department, YTD, so on.
It has very basic reporting, so if you are a 5 person shop, this will work. If you are going to scale and need to split costs by department, it will be painful.
I recommend cost-effective solutions for small businesses and non-profit organizations
Pros: Easy to use, extremely cost effective, direct deposit and Revenue Canada remittances, transmit payrolls in advance, cannot run off-cycle pay runs
Cons: Cannot schedule off-cycle pay runs.
For most business owners not being able to schedule off-cycle pay runs is an excellent safe guard to ensure (in Canada) that CPP and EI calculations are correct. As a professional I sometimes need to do to do this and have developed workarounds to ensure that Wave payroll still is my solution of choice.
Overall it's an excellent product with great customer support.