However, like most products with free plans, Wave has its limitations, especially compared to more scalable small-business accounting software. Although Wave’s paid plan offers additional features, it’s still missing some more advanced capabilities, like built-in inventory tracking and audit trails, that growing businesses might need. 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.
- Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.
- The financial management software is user-friendly and equipped with all the basics, including income and expense tracking, invoicing and reporting.
- Ready to invoice in style, bookkeep less, and get paid fast?
- We believe everyone should be able to make financial decisions with confidence.
- Servers are housed under physical and electronic protection.
- When you reconcile your books, you’ll navigate to the “Reconciliation” tab within the Accounting menu.
- Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments.
Accounting software that works as hard as you do
Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments. You can mark invoices paid on the spot, so your records are instantly up to date. Accept payments through credit cards and bank payments to get paid even faster, for a low, pay-per-use fee.
Impress your customers by creating professional invoices with easy templates
- It’s hard to beat free accounting software, especially if you’re running a small business on a budget.
- Schedule everything, from invoice creation and invoice sending, to payment collection and overdue payment reminders.
- Support for non-paying users is limited to the chatbot and self-service Help Center.
- Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption.
The best accounting software received top marks when evaluated across 10 categories and more than 30 subcategories. Learn more about how we rate small-business accounting software. For example, QuickBooks Online doesn’t have a free plan, but offers four paid plans, each with additional features, making it a great choice for scalability. With the higher-tier QuickBooks plans, you have access to inventory management, billable expenses and project profitability tools, none of which are offered with Wave.
Unlimited billable customers at no additional cost
A few taps of the keyboard to enter their payment details. Want to look more polished, save more time, and conquer unearned revenue cash flow? You can use the invoice generator as much as you want. Check out more of our invoicing tools that can help you run your business more efficiently. Send invoices whenever and wherever you want with Wave’s free app for iOS and Android.
After inputting information and trying to click done at the bottom it will not register unless I swipe the keyboard away. The import from contacts button does not work at all and the layout to get to customers invoice is great after learning where wave invoice login 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.
- Get your money faster when you offer customers the ability to pay directly from your invoices, starting at 2.9% + 60¢ per card transaction.
- Wave’s free plan offers a decent number of features, like unlimited invoices, that are not always included with other free accounting software options, let alone paid accounting software plans.
- Simply enter your email address after completing the steps to generate an invoice and you’ll receive a PDF version of the invoice that can be sent to your customer.
- With the higher-tier QuickBooks plans, you have access to inventory management, billable expenses and project profitability tools, none of which are offered with Wave.
- Deposit times may vary due to processing cutoff times, third party delays, or risk reviews.
- The Wave app lets you easily generate and send invoices to your clients wherever and whenever you need to.
Unlike competitors, Wave doesn’t offer many advanced features to increase the software’s functionality. It’s also missing an audit trail and third-party integrations. Although accounting and invoicing are separated into two different product sections on the Wave website (shown similarly below), they don’t require separate accounts. These solutions are integrated within your dashboard and you’ll access them both through your single Wave login. When you reconcile your books, you’ll navigate to the “Reconciliation” tab within the Accounting menu.