17 years helping British businesses
choose better software
What is Wave?
Sick of bookkeeping blues, cash flow woes, or tax time terror?
With Wave’s small business software, you can automate the most tedious bookkeeping tasks, create professional invoices, get paid fast online, and simplify tax prep.
Unlike other software, Wave offers easy-to-use bookkeeping tools that work together, all in one place, so there’s no need to endlessly google solutions or switch between software.
Here’s more on what Wave can do for you:
Get more time for what you love: Say bye-bye to manual data-entry by automatically importing and categorizing your bank transactions with our Pro Plan.
Be the wiz of your biz: Make smart business decisions with helpful financial reports. Plus, track payments, view customer info, and manage cash flow with our dashboard and mobile app.
Beat imposter syndrome: Always look and feel like a pro, now and as you grow. Wave is the only solution committed to offering plans for every business stage.
Try Wave for free today!
Who Uses Wave?
Wave has helped more than 300,000 small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage their money.
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Wave
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Reviews of Wave
Alternatives Considered:
I LOVE Wave!
Comments: Overall, I highly recommend Wave if you are running a business and want low costs and an easy way to manage your finances. My business is simple and Wave makes it so much easier for me to stay on top of things and know where I need to focus my energy.
Pros:
I have been using Wave since around 2015 and my books were a mess when I first began because I was doing them (not my strength) and once I heard about Wave's bookkeeping services, I couldn't believe how affordable they were. It's super easy to set up and use, run reports and know about your financials. I tried switching to QB for about 1 month and hated it, so I switched back. Lesson learned and I'm sticking around!
Cons:
One thing I had to get used to was because I had my bank account connected and until the month is reconciled, when a invoice is paid I mark it paid and then the 'payment' comes in again from banking. It was easy to catch and now my Wave bookkeeper keeps all that reconciled. Thank you!
Alternatives Considered:
Accounting without a Cost
Comments: I loved this software/app so much that I actually decided to open a personal account and use it for mine and my husbands personal finances! I had been using the good ole trusty excel for this. But this makes everything so much nicer. It imports all my husbands charges and then I can code them and see just where our money is going. Not to mention, it has help the business I work for be more successful in bringing in a bigger profit! If you are trying to decided between software's and don't know where to start, try Wave for your business accounting needs.
Pros:
The first greatest thing about Wave is that is FREE!!! If you are just starting out, or a small business where overhead and expense need to be kept to a minimum, I recommend this app. It has all basic functions you need like, quotes, invoicing, statements, entering bills, receipts, reconciling bank statements, etc. All of these services including reporting are included in the free software! It has payroll functions for an additional charge, which we have opted out of for the time being. You can even link your bank account to it and it will import all the your debits and credits for reconciling. Also, this software is super user friendly and you do not need to be a tech expert to understand it. It will set you up with preloaded items it thinks you need for your business and then you can change them or delete them. You can also add new ones super easy while doing this or after the fact. I really love that its cloud base and can be accessed anywhere. This makes it key for me when traveling for work.
Cons:
Honestly Wave is pretty awesome that it was hard to find cons with it. The only drawback for me is the reporting. I wish I was able to customize them and select certain data to analyze. The reports are basic and standard, they just don't quite cover what I am looking for in my reporting.
Hope you're not in a hurry to get paid...
Comments: As a freelancer, it's important that I'm able to access my payment once an order is delivered, but this app makes me wait 7 business days (that's nine days total) for it to reach my bank. Unacceptable.
Pros:
For my purposes, everything is free, aside from the 1% they take, which is fair.
Cons:
It takes NINE DAYS for the money to reach your bank account.
Alternatives Considered:
Love the Starter Version of Wave
Comments: I've used Wave for quite a while now & Love it. I will eventually move up to one of the paid subscriptions as this program has enabled me to be more professional with invoicing.
Pros:
Having a free version for small business owners is truly amazing. The fact that it works so well and is very easy to setup & use is a blessing
Cons:
I realize every business needs to make money - the latest update which now makes you download the invoice to send as opposed to being able to send from within Wave is nothing more than a small extra step.
Alternatives Considered:
Accounting without Stress
Comments: Easy to use, integrate with other applications and preparation of financial reports
Pros:
Super accounting application which is free, user-friendly, secure and with many features to assist in the whole accounting process for sole-proprietor or other SMEs
Cons:
The fact that it is now only available in the USA and Canada, thus blocking other local currency features.
