Connect your bank accounts in seconds with the Pro Plan. Transactions will appear in your bookkeeping automatically, and you’ll say goodbye to manual receipt entry. The Wave app lets you easily generate and send invoices government contracting 101 to your clients wherever and whenever you need to. Sign up for Wave and send your first invoice right away—it only takes a few minutes!
- Set up invoice reminders to automatically email your customers when payment is due.
- Our servers are protected physically and electronically.
- Sign up for Wave and send your first invoice right away—it only takes a few minutes!
- You can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date.
- Wave has helped over 2 million small business owners in the US and Canada take control of their finances.
Connecting your accounts
With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information. Have an eye on the big picture so you can make better business decisions.
Manage your money like a boss.
Send invoices how to master restaurant bookkeeping in five steps whenever and wherever you want with Wave’s free app for iOS and Android. Between the app and the payment process—I can’t tell you the hours it’s saved, and even the headaches that have gone away because of it. Support for non-paying users is limited to the chatbot and self-service Help Center.
Data Not Linked to You
Easily monitor and keep track of what’s going on in your business with the intuitive dashboard. The quick summary allows you to stay in control of your business finances, including a task list of outstanding items. Xero lets you add unlimited users in all plan tiers and, similar to QuickBooks Online, can grow alongside your business. QuickBooks Online’s detailed reporting and transaction tracking is ideal for growing businesses. Only integrates with in-house apps, like Wave Payments and Wave Payroll; does not integrate with card readers for in-person payments.
Limited customer service
FreshBooks has an excellent mobile app that allows you snap photos of receipts, send invoices and track mileage. In addition to its accounting software, Wave offers paid services, including Wave Payments, Wave Payroll and Wave Advisors for bookkeeping support and accounting coaching. Wave Accounting is ideal for micro businesses with fewer than 10 employees, contractors, freelancers and other service-based businesses on a budget. The financial management software is user-friendly and equipped with all the basics, including income and expense tracking, invoicing and reporting. Create beautiful invoices, accept online payments, and make accounting easy—all in one place.
Similar to other reputable cloud-based accounting software products, Wave encrypts the data you share with it and monitors its server facilities 24/7. Wave Accounting can be a great option if you run a very small service-based business or don’t need more advanced features that alternatives might offer. For small businesses any larger than that, however, Wave is limited.
If you’re on-the-go, you can also send invoices from your phone or other mobile device using the Wave app. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments. Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.
Accounting software helps business owners understand how money flows in and out of their businesses. This can help you save time and make financial decisions quickly. In addition, Wave’s mobile app lets you send invoices and track payments on the go. The app offers a cost of equity receipt scanning feature as well, but you have to pay a subscription fee to access it.
The import from contacts button does not work at all and the layout to get to customers invoice is great after learning where it is. Not being able to see or input the expenses unless I pay for the quick receipt plan in app is kind of a bummer. I’m glad the option is still available online and the system works great and the amount of different charts available is super helpful. All your invoicing and payment information automatically syncs with our free accounting software included with your account. These ratings are meant to provide clarity in the decision-making process, but what’s best for your business will depend on its size, growth trajectory and which features you need most. We encourage you to research and compare multiple accounting software products before choosing one.
