15 years helping Irish businesses
choose better software

What Is Wave?

Sick of bookkeeping blues, cash flow woes, or tax time terror?

With Wave’s small business software, you can automate the most tedious bookkeeping tasks, create professional invoices, get paid fast online, and simplify tax prep.

Unlike other software, Wave offers easy-to-use bookkeeping tools that work together, all in one place, so there’s no need to endlessly google solutions or switch between software.

Here’s more on what Wave can do for you:

Get more time for what you love: Say bye-bye to manual data-entry by automatically importing and categorizing your bank transactions with our Pro Plan.
Be the wiz of your biz: Make smart business decisions with helpful financial reports. Plus, track payments, view customer info, and manage cash flow with our dashboard and mobile app.
Beat imposter syndrome: Always look and feel like a pro, now and as you grow. Wave is the only solution committed to offering plans for every business stage.

Try Wave for free today!

Who Uses Wave?

Wave has helped more than 300,000 small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage their money.

Wave Software - 1
Wave Software - 2

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Reviews of Wave

Average score

Overall
4.4
Ease of Use
4.4
Customer Service
4.0
Features
4.2
Value for Money
4.6

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Michael
Michael
Administrator in Zimbabwe
Verified LinkedIn User
Retail, Self Employed
Used the Software for: 2+ years
Reviewer Source

Wave Review

5.0 3 weeks ago New

Comments: Excellent. It makes a massive difference to our business and keeps track of our progress.

Pros:

It's the best accounting system I have ever used before. Very effective and user friendly and I would recommend it to any business.

Cons:

It's taken long to have a great app for it and also they've restricted new accounts to North America which is a drag.

Ashley
Office Manager in US
Automotive, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

Accounting without a Cost

4.0 2 months ago New

Comments: I loved this software/app so much that I actually decided to open a personal account and use it for mine and my husbands personal finances! I had been using the good ole trusty excel for this. But this makes everything so much nicer. It imports all my husbands charges and then I can code them and see just where our money is going. Not to mention, it has help the business I work for be more successful in bringing in a bigger profit! If you are trying to decided between software's and don't know where to start, try Wave for your business accounting needs.

Pros:

The first greatest thing about Wave is that is FREE!!! If you are just starting out, or a small business where overhead and expense need to be kept to a minimum, I recommend this app. It has all basic functions you need like, quotes, invoicing, statements, entering bills, receipts, reconciling bank statements, etc. All of these services including reporting are included in the free software! It has payroll functions for an additional charge, which we have opted out of for the time being. You can even link your bank account to it and it will import all the your debits and credits for reconciling. Also, this software is super user friendly and you do not need to be a tech expert to understand it. It will set you up with preloaded items it thinks you need for your business and then you can change them or delete them. You can also add new ones super easy while doing this or after the fact. I really love that its cloud base and can be accessed anywhere. This makes it key for me when traveling for work.

Cons:

Honestly Wave is pretty awesome that it was hard to find cons with it. The only drawback for me is the reporting. I wish I was able to customize them and select certain data to analyze. The reports are basic and standard, they just don't quite cover what I am looking for in my reporting.

John
Managing General Partner in US
Human Resources, 2–10 Employees
Used the Software for: 1-5 months
Reviewer Source
Source: SoftwareAdvice

Wave accounting is the worst.

1.0 last month New

Comments: Wave accounting is the worst. We are a niche recruiting firm. We receive large payments via ACH and Credit card. My first (and last) payment with Wave is the result of them holding my money for 7 business days, and on the 6th is retroactively asking me for information. After already approving my payments and invoicing, they get money and are now holding it. They want me to send them a copy of my contract with terms and conditions- again retroactively while holding my money. Over $20K is sitting there, for services I have already rendered, and I cannot collect it. Whats worse, I cannot call a supervisor- they must call me. I am researching a class action lawsuit so if anyone has had this same experience with Wave let me know. In the meanwhile, don't use Wave, and if you receive large ACH's Quickbooks can be paid for with 1 ACH fee- the charge a MAX of 1% or $10 (whichever is lower) Those fees add up.

Pros:

To start with it is free; nice layout and ease of use

Cons:

Their payment system and complete lack of customer service. You cannot speak with a human unless they call you. They charge too much for ACH transactions and do not have the requisite service to go with their charges. One ACH fee could pay for Quickbooks (better system) for a year.

Chantel
Registered Massage Therapist in Canada
Health, Wellness & Fitness, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Bookkeeping made simple

5.0 2 weeks ago New

Comments: My accountant recommended Wave as an upgrade from using Excel to document my income/expenses and it has made my life so much easier, my accounting/bookkeeping takes half the time and my reports are ready in an instant. It has been easy to help me keep track of any expenses I may have missed throughout the year as well.

Pros:

Wave is so user friendly, it's made all my bookkeeping seamless.

Cons:

If I had to choose it would be simpler invoicing/receipt creation.

DAYNA
Accountant in US
Consumer Goods, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Excellent Free Software for Small Businesses

5.0 7 days ago New

Comments: Extremely easy to use and a perfect first software for service based businesses that don't want to pay for Quickbooks yet.

Pros:

- Free - Cloud based - Easily customizable/brandable invoicing and reports

Cons:

It does not do costing per order or inventory management as far as I'm aware.