You can access personalized support through the Wave Advisor program where you can get coaching and year-round advice from a Wave expert. These support services are expensive for most small businesses, how to calculate cost per unit and we can’t fully recommend them to you unless you have a budget to spare. Wave does not integrate with QuickBooks, but if you want to connect QuickBooks and Wave you can use Zapier as a solution.

If you’re a startup, micro-business or sole proprietor who doesn’t want to invest in accounting software but needs to keep track of your finances, Wave Accounting is a great option. As long as you’re content with basic features and don’t see yourself expanding in the foreseeable future, you’ll find this completely free, easy-to-use software particularly appealing. Since you don’t have to pay anything to get started, it’s certainly worth trying out. With Wave, accounting and invoicing processes are simplifies, enabling users to get rid of distractions that comes with monitoring expenses, chasing payments, and managing employees and taxes.

Positive Wave Reviews

TRUST the other reviews and steer clear of this POS company. Stay updated on the latest products and services anytime anywhere. We’ve already hit on a few accounting features that set Wave apart, but there are a few more perks to cover. Wave offers a limited number of integrations, although it does support a much-needed Zapier integration, which connects Wave with 1,000+ add-ons.

That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Wave reviews across a wide array of social media sites. The data is then presented in an easy to understand format revealing how many customers had positive and negative experience with Wave. With that information at your disposal you should be equipped to make an informed buying choice that you won’t regret. Wave Payroll is a cloud-based software that helps small businesses run payroll and calculate and file payroll taxes.

Free Wave Plan

Unlike other providers, Xero’s plans also come with customizable purchase order software. Xero’s starting price is half the price of QuickBooks, which makes Xero a more suitable Wave alternative for freelancers on a budget. Wave and Xero also have some crucial, unique features in common, such as unlimited users, unlimited bank connections and optional invoice-based payment acceptance. Higher-tier QuickBooks Online plans include bill tracking, project profitability data, inventory management, employee expense tracking and more.

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• Wave is a free accounting software platform that makes money off of its add-on services like bookkeeping and Wave payroll.
• It can allow you to manage all your accounting processes without paying a dime.
• Wave is a safe accounting option for businesses and uses standard best security practices including data encryption and regular data backups with secure servers.

The graph below shows how Wave scores across each category compared with two of its competitors, Zoho Books and QuickBooks Online Plus. We provide a detailed explanation of the scores in the Features section. If Wave isn’t a good fit for you, read through our article on the year’s best free accounting software. The article kicks off with Wave, but it includes reviews for nine other free bookkeeping programs that you might prefer. Wave really is a free accounting software option for small businesses.

Avoid Waveapps.com

Anyone can use Wave free of charge as long as you have an email to set up your account. In 3+ years I don’t think I’ve had to contact support once, nor have I ever considered switching to other tools. It is one of the few software tools I use regularly where I am happy to open it, and I’m happy to give them their percentage. Always simple and smooth, and exceptional bang for the buck. Not only would I recommend Wave to freelancers and small businesses, I have recommended it.

It can help you manage your bookkeeping, accounting and invoicing processes through a few internal integrations. Wave’s inventory management feature is very basic, so if you’re a product-based business, you should consider alternatives like QuickBooks Online or Xero. You can add a product or service, but not the quantity purchased or sold. This means that Wave can’t calculate your COGS, which is important if you deal with inventory. There are no options to track or view your list of fixed assets.

Optional advisory services

There are no ads or pricing-tier feature limitations with Wave. Wave’s other invoice automations include automatic user notifications when a client views your invoice and pays their bill. You can also schedule automatic payment deadline reminders for clients. Your customers can pay what they owe you directly from the invoice itself, and you can send invoices and accept payments on the go through Wave’s well-reviewed invoice app. Again, every online payment processing system requires its users to pay a transaction fee.