Wave Accounting
100% free, easy to use accounting and invoicing software for you and your small business
What is Wave Accounting?
Stats
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Summary
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
User reviews summary
Pros
- Great for automating and outsourcing business tasks
- Generally user-friendly, particularly for new businesses
- Free to use which is cost-effective for small businesses
- Functional for basic bookkeeping and invoicing
- The software improves over time with updates
Cons
- Customer support is often deemed unresponsive or slow
- Software updates can create additional work due to bugs or recategorization of accounts
- Some experience technical issues such as freezing and errors
- Reporting features are limited and customization is restricted
- Bank connections and server speed can be unreliable
Most mentioned
- Customer support issues and unavailability for free accounts
- Usefulness for new or small businesses due to simplicity and cost (free)
- Software updates causing problems and extra work
- Desire for better performance, features, and region-specific compatibility
- Technical issues including slow servers and problematic bank connections
Recent reviews
Safety
Risk impact
Wave Accounting is safe to use. It does not request any sensitive permissions.
Risk likelihood
Wave Accounting has earned a good reputation and can be trusted.