Wave Accounting

100% free, easy to use accounting and invoicing software for you and your small business

Wave Accounting - Free Small Business Accounting Software

Wave Accounting is a Chrome extension providing a full suite of accounting tools for freelancers and small businesses. Offering capabilities to generate professional invoices, synching with bank accounts for automatic transaction import, free receipt scanning tools and built-in personal finance tools, it streamlines financial management. It offers real-time collaboration and provides key reports for making crucial business decisions.

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Extension stats

By: https://waveapps.com

Users: 90,000+

Rating: 4.12

(674)

Version: 1.10.0 (Last updated: 2018-09-24)

Creation date: 2018-09-23

Risk impact: Very low risk impact

Risk likelihood:

Very low risk likelihood

Manifest version: 2

Size: 11.58K

URLs: Website

Ranking

# 2,807 ▲ 1

Other platforms

Not available on Android

Not available on Firefox

Not available on Edge

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Extension summary

Analyze keywords

Wave is used by more than 2 million people around the world. Designed for consultants, freelancers, contractors and other small business owners like you.

• prepare professional invoices using beautiful templates personalized with your logo, and easily share them with your customers • connect Wave directly to your online bank and credit card accounts to automatically import transactions • stop collecting paper receipts; use Wave’s free receipt scanning tools to automatically import information • easily separate business and personal spending with built-in personal finance tools • invite business partners or advisors to collaborate with you in real time in your Wave account • generate key accounting reports to provide the insights you need to make important business decisions

Mobile apps are also available for iOS and Android so you can take Wave with you!

User reviews

These summaries are automatically generated weekly using AI based on recent user reviews. Chrome Web Store does not verify user reviews, so some user reviews may be inaccurate, spammy, or outdated.

Pros

Free to use and great for small businesses
Simple interface and easy invoicing
Automation features help manage accounts receivable

Cons

Poor customer support and slow server issues
Limitations in features compared to competitors
Integration issues with banks and recurring problems with software updates

Most mentioned

Strong initial user experience with invoicing and bookkeeping
Frustration with customer support and response times
Recent updates leading to increased bugs and limitations

User reviews

Wave has held nearly $10,000 from my account and to try and get any support from the chat is terrible. No consumer support, knowledgable support specialists are obsolete, Risk Team doesnt care. Theyve exhibited that. I even reached out to the CEO of the company regarding my serious matter- well see if I get a response. Will not be using this application ever again.

MacKenzie Peatfield, 2022-05-26

The application worked pretty well for simple bookkeeping until the last update in July 2019. The update recategorized my accounts creating an additional 3 hours of work to create new accounts in the right category, then move all of the transactions from the incorrectly categorized accounts to the new accounts, then archive the incorrectly categorized accounts so that they can no longer be used. Then, the journal transactions had to be move individually rather than through the bulk edit process. I really feel for the users who were using this application because they don't know accounting or bookkeeping. I have an accounting degree and am still trying to figure out how to find and verify my transactions for integrity.