You can make them recurring, save them as PDFs, and view them as the customer would on both a desktop browser and a mobile screen. It now charges a modest fee for features that used to be free, but Wave’s approachable design and reworked mobile apps still make it a worthy choice for very small businesses. 2 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details.
The app learns as it goes, however, so it should categorize similar transactions automatically as you continue to use it. When you open a transaction, you get more information and can edit its details. You can add customers or vendors, add sales tax, specify a type (withdrawal or deposit), split the transaction among categories, upload a receipt, and write a note. Easily monitor and keep track of what’s going on in your business with the intuitive dashboard. The quick summary allows you to stay in control of your business finances, including a task list of outstanding items.
Mobile Apps
Know when an invoice is viewed, becomes due, or gets paid, so you can take the right actions to manage your cash flow. Set up invoice reminders to automatically email your customers when payment is due. All your invoicing and payment information automatically syncs with our free accounting software included with your account. Every invoice paid means more revenue coming into your small business. Create and send professional invoices to your customers in seconds.
Payroll
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. These features help keep our invoicing, and accounting, free.
- Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of.
- This screen also has links to common tasks, such as accepting credit cards and adding a customer.
- Easily monitor and keep track of what’s going on in your business with the intuitive dashboard.
- Wave’s accounting software is built for small business owners.
Once you start populating your company’s data, the dashboard becomes quite useful. You have to scroll a bit to see everything, but you get a great overview of your finances with links to deeper details. This page displays cash flow, expense charts, and profit and loss. There are tables of invoices payable to you and bills you owe, as well as tables and charts that show you your income, expenses, and net income. This screen also has links to common tasks, such as accepting credit cards and adding a customer.
See all Wave app features
Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you. If you’re interested in our payroll software, you can start a free 30-day trial when you sign up for Wave. Wave keeps up to date records so you’ll always have the info you need for filing – or sharing with your accountant. PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services. Our expert industry analysis and practical solutions help you make better buying decisions and get more from technology.
In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s. The landing pages for invoices and estimates provide useful, detailed overviews of your activity, along with the status of your sales forms. Customer statements are simple—a choice of outstanding invoices or account activity one at a time.
Its colorful design looks attractive and is very easy to understand. With this release, we’re waving bye to bugs and hello to stability improvements. Thanks for using Wave to help you stay more in control of your business while on-the-go. You’ll always know who you need to communicate with and about what, so you can leave a great impression with customers. Automate the most tedious parts of bookkeeping and get more time for what you love.
Take control of tax season
Create beautiful, free invoices that reflect your business branding. Automate overdue reminders, set up recurring bills, and add notes or terms of service with ease. You can’t pay bills through Wave like you can in QuickBooks Online, the origins of lehman’s ‘repo 105’ but you can record them and mark them as paid, as well as track their status. Wave uses optical character recognition (OCR) technology to read photos of expense receipts you take with a smartphone and (sometimes) turn them into categorized transactions.
