
About Wave Accounting
Wave is a fully integrated solution designed for small businesses with 9 employees or less. With our total focus on small business owners, you’ll never have to navigate inflated or cluttered to find what you need, right now. With an easy to navigate interface and single login, it’s never been easier to find what you need, when you need it.
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Use the 100% free accounting tools in Wave to gain the insights you need, without the legwork. With our automatic bank connections, your information flows seamlessly into Wave, without the manual entry. And even though it’s easy to navigate and understand, it’s still a real, double-entry application. Collaborate with your accountant or bookkeeper in real-time, and save both of you time!
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Use Wave’s invoicing tools to collect your money faster. Choose the template that best reflects your business, load your own logo, and choose a color for your invoices. Email invoices right from Wave, and collect credit card payments through our payment processing. Use Wave’s invoicing tools to stay professional, get paid faster, and keep track of where your money is.
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Everyone loves getting paid, but no one likes running payroll. Now, use Wave’s Payroll tools in America and Canada to take the headaches out of running your payroll. With guaranteed accuracy, direct deposit and employee self-service all included, at $5 per employee per month or less it’s never been more affordable for your employees to get paid.
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Use Wave’s personal finance tools to gain better insights into where your money goes. With simple budgeting tools, real time investment tracking, and more, Wave’s personal tools are the best way to master your personal finances.
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to Wave Accounting
Key benefits of Wave Accounting
Wave is 100% focused on the real small business owners, with nine employees or less. That means you’ll never see cluttered, complicated software that you can’t navigate, never mind understand.
What you will see is all the tools you need to gain better insights into your personal and business finances, all with one login. Whether it’s invoicing, payroll, or personal investment tracking, the days of multiple logins are in the past. And with free accounting and invoicing tools and totally affordable payroll, getting organized has never been more affordable.
Get paid faster, gain insights into your businesses financial health, know where your money goes and pay your employees, all with Wave.
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Supported Languages
English
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to Wave Accounting
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Features
Total features of Wave Accounting: 76
Alternatives
Zoho Books

Zoho Expense

QuickBooks Desktop Enterprise

Stripe

Reviews
Already have Wave Accounting?
Software buyers need your help! Product reviews help the rest of us make great decisions.

- Industry: Online Media
- Company size: Self Employed
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Wave Accounting is great for a Startup Business
Reviewed on 2021/03/03
I was very happy with the invoicing, payments, and the Design and functionality. I was able to...
I was very happy with the invoicing, payments, and the Design and functionality. I was able to search past transactions very easily. I did not pay for premium support, but the support that I recieve is excellent.
Pros
It was free to use the accounting services
I was able to invoice customers using Stripe as a Payment Gateway which was great value
The Design and User Interface is very professional compared to others that I have seen
The Payment Gateway was also very professional when sent to customers, it added to the credibility of the business
Cons
My particular Bank would not allow me to sync my account with Wave, but that was a local issue not a general issue.
I was very very happy with the invoicing. but I always felt that the ledger views were not as robust.
Reasons for Choosing Wave Accounting
The functionality that I really needed was free and I was very happy with that.Reasons for Switching to Wave Accounting
It was really cost, efficiency, and user interface. It looked good from the customer side and that was important for me.- Industry: Broadcast Media
- Company size: Self Employed
- Used Weekly for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 2.0 /10
Customer Service is abysmal
Reviewed on 2023/03/22
I loved it until I needed a document amended. Now I'm considering going back to Quickbooks so I...
I loved it until I needed a document amended. Now I'm considering going back to Quickbooks so I have control over my own W2 and W3 filings.
Pros
I like the ease of use n invoicing and invoice tracking.
Cons
I've been trying to get a W3 corrected for 3 weeks. I would do it myself, but the software won't allow that. I've had 2 chats and sent 3 emails. Their accounting department hasn't even called me back.
- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Worst customer service of any financial app I use
Reviewed on 2023/02/25
After years of being with them, the one time I had to reach out to customer service for something...
After years of being with them, the one time I had to reach out to customer service for something (and it was a big one--payroll), I was lied to and it dramatically affected me and my business. I switched to Quickbooks that day. A few days later, I get a message that says they have suspended my account (but I already left :). LOL
Pros
I loved at how easy it was to just duplicate invoices and charge people's credit cards.
Cons
WORST customer service I've ever dealt with. They literally just lied to me, which in turn made me lie to my employees about getting paid. I never should have believed them, and passed down that information to my employees. Stupid of me for trusting this company.
- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Likelihood to recommend 10.0 /10
Everything a small business needs for invoicing
Reviewed on 2022/12/08
I love Wave. I switched from Freshbooks years ago and it was such a good move. Wave is so easy to...
I love Wave. I switched from Freshbooks years ago and it was such a good move. Wave is so easy to use which means you save time and money.
Pros
Wave is super simple to use. It's well laid out, intuitive and easy to use. I've been using Wave for years after switching from Freshbooks.
Cons
Occasionally, Wave has issues sending invoices to Gmail addresses. This is very surprising given how prevalent Gmail is and I would hope they'd sort this out.
Reasons for Choosing Wave Accounting
One of my customers turned me onto Wave. I wasn't necessarily looking to switch, but after checking them out it was an easy decision to make.Switched From
FreshBooks- Industry: Telecommunications
- Company size: 501–1 000 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Easy to use
Reviewed on 2023/03/01
Wave accouting is a software that really helps small and large companies move forward like mine. It...
Wave accouting is a software that really helps small and large companies move forward like mine. It is fantastic
Pros
Accounting software that has a free and easy to use option for small businesses. It also has like many of the best software a user-friendly interface. Our company is doing well with this software
Cons
Except for the customer service which is a bit slow sometimes, we have no problem with this software.
Wave Accounting FAQs
Below are some frequently asked questions for Wave Accounting.Q. What type of pricing plans does Wave Accounting offer?
Wave Accounting offers the following pricing plans:
- Starting from:
- Pricing model: Free Version, Subscription
- Free Trial: Available
Accounting & Invoicing - Free Receipt Management - Free Credit card processing - $0.30 + 2.9% per transaction Bank payment/ACH processing - 1% per transaction ($1 minimum fee) Payroll (tax service states): $35/month base fee + $4/active employee + $4/independent contractor paid Payroll (self service states): $20/month base fee + $4/active employee + $4/independent contractor paid
Q. Who are the typical users of Wave Accounting?
Wave Accounting has the following typical customers:
Self Employed, 2–10, 11–50, 51–200
Q. What languages does Wave Accounting support?
Wave Accounting supports the following languages:
English
Q. Does Wave Accounting support mobile devices?
Wave Accounting supports the following devices:
Android (Mobile), iPhone (Mobile)
Q. What other apps does Wave Accounting integrate with?
Wave Accounting integrates with the following applications:
Gmail, Microsoft Outlook, PayPal, Shoeboxed, Zapier
Q. What level of support does Wave Accounting offer?
Wave Accounting offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Chat
Related categories
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