Wave Accounting

Wave Accounting

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

What is Wave Accounting?
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.
Stats
Users: 100,000+
Rating: 4.12 (678)
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
Stats date:

Chrome-Stats Rank

Other platforms

Not available on Firefox
Not available on Edge
Want to check extension ranking and stats more quickly for other Chrome extensions? Install Chrome-Stats extension to view Chrome-Stats data as you browse the Chrome Web Store.
Chrome-Stats extension
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
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 Chrome Web Store does not verify user reviews, so some user reviews may be inaccurate, spammy, or outdated.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
  • 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
it is very useful application, please add 1) credit card payment facility in India 2) provide customer statement in pdf formant
by Shiv Tractors Shiv Tractors, 2016-01-18

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.
by MacKenzie Peatfield 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.
View all user 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.

Upgrade to see risk analysis details
Screenshots
Promo images
Wave Accounting small promo image
Small promo image