Wave

4.4 (1,663)
Write a Review!
Accounting, invoicing, and payroll management platform

Overall rating

4.4 /5
(1,663)
Value for Money
4.6/5
Features
4.2/5
Ease of Use
4.5/5
Customer Support
4.0/5

88%
recommended this app
Sort by

1663 Reviews

Amanda
Amanda
Overall rating
  • Industry: Marketing & Advertising
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Wave - Accounting Software

Reviewed on 20/09/2024

I've used Wave for nearly five years now. It's simple to use, and the cost is pretty low compared...

I've used Wave for nearly five years now. It's simple to use, and the cost is pretty low compared to some of the other options out there. I have had a few technology hiccups from time to time that have created some extra work and had me exploring other options, but each time it was eventually resolved, and I am still with them.

Pros

Wave is pretty easy to use, and if you can't figure it out on your own, the help documents are pretty easy to follow and guide you to the right spot.

Cons

It's invoicing only so it's not as robust as some competitor products that also include documents for proposals and such.

Alternatives Considered

HoneyBook, FreshBooks and QuickBooks Enterprise

Reasons for Switching to Wave

Wave had the easiest to use interface and the options that were on the "had to have" list at the lowest rate. I really liked HoneyBook and FreshBooks, but their cheapest plans were much more expensive than Wave.
Noureddine
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

perfect app

Reviewed on 8/12/2024

I used it for more than 5 years and it help me a lot for my daily tasks as invoice customers ,...

I used it for more than 5 years and it help me a lot for my daily tasks as invoice customers , purchase in and accounting accounting tax statement

Pros

it's perefect app it help for accounting management, invoices and tax statement

Cons

for the option pay roll it's not available in Quebec

Alternatives Considered

QuickBooks Online

Reasons for Switching to Wave

it's easy to use and has all what I need and it help me in manage my work
Federico
Overall rating
  • Industry: Information Technology & Services
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 9.0 /10

Super Easy To Use

Reviewed on 9/01/2025

Pros

Wave is super easy to use and it's free! I can create invoices and track my expenses without any hassle

Cons

Wave is great for basic accounting, but it doesn't have all the features I need. It would be cool if it had project tracking and CRM features

Daniel
Overall rating
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Good software for basic use, great for personal accounts.

Reviewed on 14/10/2024

It was great solution for small business in the UK market, however with the introduction of MTD in...

It was great solution for small business in the UK market, however with the introduction of MTD in the UK, Wave has decided to stop developing the product for the UK market within MTD.

Pros

I liked that it was an online free solution for the UK customers.

Cons

The reporting side is very limited, only basic reports are available.

Alternatives Considered

FreshBooks and FreeAgent

Reasons for Choosing Wave

We needed an online solution for the clients that we would be able to monitor on an ongoing regular basis.

Switched From

Microsoft Excel

Reasons for Switching to Wave

It was free software that our clients were comfortable to use.
Alexander
Overall rating
  • Industry: Media Production
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Useful budgeting tool if integrations work.

Reviewed on 5/02/2025

Positive, but some integration issues. It was useful until our bank connection broke.

Positive, but some integration issues. It was useful until our bank connection broke.

Pros

Helpful cashflow charts and transaction breakdowns

Cons

One of our banks doesn't integrate with Wave, which makes it much less useful.

Tracey
Overall rating
  • Industry: Accounting
  • Company size: Self Employed
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best free bookkeeping software

Reviewed on 23/01/2025

I do bookkeeping services and this product works well with categorizing income and expenses to...

I do bookkeeping services and this product works well with categorizing income and expenses to generate financials.

Pros

This is the best free accounting software I've used.

Cons

Non that I could find on the free version

Alternatives Considered

QuickBooks Online

Reasons for Switching to Wave

price was better than quickbooks was onliine
Amaka
Overall rating
  • Industry: E-Learning
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

My take on wave

Reviewed on 19/01/2025

I have been using it for a while now I does the work for me for the time

I have been using it for a while now I does the work for me for the time

Pros

Easy to use. Helps in tracking sales and statements

Cons

I can not think of what I did not like the application works

Brett
Overall rating
  • Industry: Design
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Wave review

Reviewed on 19/01/2025

It has ben very easy to use and easy to learn.

It has ben very easy to use and easy to learn.

Pros

it is very easy to use and manage invoices!

Cons

There is nothing I dislike about Wave it is great!

Abhay
Overall rating
  • Industry: Computer Software
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Abhay's review

Reviewed on 11/01/2025

Pros

Easy to access from emails who receives payrolls.

Cons

App on the phone should be more userfriendly, it always asks to make account as an emloyers but not good experience for employees.

Crystal
Overall rating
  • Industry: Real Estate
  • Company size: Self Employed
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Wave... Yes!

Reviewed on 2/01/2025

I enjoy Wave, I pray they don't make any more bad changes to it. It really is a good system overall.

I enjoy Wave, I pray they don't make any more bad changes to it. It really is a good system overall.

Pros

The set up was easy, I like that I can separate it by business and individual clients.

Cons

I do not like the new way they've changed their system.

Reece
Reece
Overall rating
  • Industry: Nonprofit Organisation Management
  • Company size: Self Employed
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Wave - Perfect for New Businesses

Reviewed on 10/09/2024

Wave has been wonderful, I use it to manage my accounting, and also invoice. I imagine that in the...

Wave has been wonderful, I use it to manage my accounting, and also invoice. I imagine that in the future I would use it for payroll as well. All of this is done with no monthly charge, and a very fair charge for ACH payments on my invoices.

Pros

It can do pretty much anything that QuickBooks can do, but it can be used for free! This was perfect for when I was setting up the back-end of my entrepreneurial business.

Cons

It required a bit of learning to use, I was used to QuickBooks, and some of the language, UI, and functions look or work differently. After this initial period it has become perfectly simple and useful.

Andrea
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Wave is Amazing!!

Reviewed on 11/11/2024

Great experience overall and I have been using this software since 2020.

Great experience overall and I have been using this software since 2020.

Pros

Wave is easy to use and a huge time saver when it comes to tracking expenses and doing reports. Best thing about it is that it is free for the starter edition.

Cons

You can’t send an estimate directly through Wave without the paid plan but it is a small issue.

Alternatives Considered

QuickBooks Online

Reasons for Switching to Wave

Cost was an important factor along with was of use.
Bryan
Overall rating
  • Industry: Professional Training & Coaching
  • Company size: Self Employed
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

One of the best SMB accounting tools out there

Reviewed on 6/09/2024

I'm not an accountant by any means, but I know most failed businesses fail because of poor...

I'm not an accountant by any means, but I know most failed businesses fail because of poor accounting practices; Wave made it easy for me to track due invoices as well as my costs to make sure I kept running in the black and made me look super professional.

Pros

As a SMB or sole-consultant Wave takes all the annoyances of invoicing and tracking payments in/out super simple.

Cons

I've honestly not run into an Cons while using Wave (formerly "Wave Accounting).

Alternatives Considered

QuickBooks Online

Reasons for Switching to Wave

Wave gave me more tools to manage the business aspect and making sure all my branding is consistent and a fraction of the cost.
Theresa
Overall rating
  • Industry: Consumer Services
  • Company size: Self Employed
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 4.0 /10

Disappointed

Reviewed on 12/07/2024

I am disappointed in that I was hoping for an accounting software AND a payment solution all in...

I am disappointed in that I was hoping for an accounting software AND a payment solution all in one. I am unfortunately now looking for a new payment solution. Support just provided scripted responses. They don't seem to care to escalate anything on your behalf. Receiving your money in a timely manner as a small business means everything!

Pros

I like the ease of use. Very user friendly. I moved from QB Pro to Wave because of the extreme increase in pricing QB imposed.

Cons

You can't convert a percentage of an estimate to an invoice (industry norm). You must wait 7 BUSINESS DAYS to receive a bank (ACH) payment. Every single ACH payment I have received from my clients has taken EXACTLY 7 business days while their website states it takes 2-7 business days. Not truthful at all. They also charge 1% with NO cap - and they still hold onto your money! Unbelievable!

hannah
Overall rating
  • Industry: Hospitality
  • Company size: 2–10 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

better than quickbooks in my opinion

Reviewed on 8/10/2024

quickbooks was confusing to me. i happened to find wave just browsing the internet and it seemed a...

quickbooks was confusing to me. i happened to find wave just browsing the internet and it seemed a lot easier to me.

Pros

simple interface. very easy for a beginner.

Cons

no complaints really. i only use it for my commercial accounts so it's pretty simple for me.

Alternatives Considered

FreshBooks

Reasons for Choosing Wave

quickbooks was too confusing for me. it was probably my fault though. i'm not an expert in accounting nor do i want to be. i'm just a small business owner learning as she goes and just hired a bookeeper finally after being in business for 6 years.

Switched From

QuickBooks Solopreneur

Reasons for Switching to Wave

at the time, wave was free and i liked the look and flow of the interface.
Donald
Overall rating
  • Industry: Construction
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Online Invoicing Program

Reviewed on 14/07/2024

Invoice creation and processing requires zero manual processes with Wave.

Invoice creation and processing requires zero manual processes with Wave.

Pros

Wave has robust features that enables me to eradicate manual processes during data entry in various aspects such as bank reconciliation, AP and AR.

Cons

I have never come across any error on the pro plan.

Fu-Chieh
Overall rating
  • Industry: Marketing & Advertising
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 9.0 /10

A Great Companion for Your Small Business

Reviewed on 25/11/2024

As a freelancer, I rely on Wave to send invoices, track payment statuses, and keep all my earnings...

As a freelancer, I rely on Wave to send invoices, track payment statuses, and keep all my earnings organized for tax season. It provides everything I need in one place. Even though I only tap into a fraction of Wave's capabilities, I can only imagine the full potential of the platform, especially in its paid version. I wholeheartedly recommend Wave to anyone looking for an efficient solution!

Pros

The user-friendly interface of Wave is incredibly intuitive, making it easy for me to accomplish the tasks I need without any confusion. I particularly appreciate the extensive customization options available for documents like invoices, allowing them to appear both professional and personalized.

Cons

Although the customization features are impressive, there are still a few areas that could use some refinement. However, the overall quality of Wave is so high that it's challenging to pinpoint any significant drawbacks.

Carlos
Overall rating
  • Industry: Telecommunications
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Ride the Wave of simplicity for Small Business Accounting

Reviewed on 18/01/2024

Wave account was my only choice when I realized how simple it was to do everything from my phone...

Wave account was my only choice when I realized how simple it was to do everything from my phone or tablet. No need to log into laptop or computer

Pros

Love how simple it is to setup and manage from anywhere, especially my phone

Cons

They recently shuttered their banking option, just when I was getting used to it

Alternatives Considered

HoneyBook and Xero

Reasons for Switching to Wave

The most robust system for staying mobile
Markus
Overall rating
  • Industry: Music
  • Company size: 2–10 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

A simple-to-use accounting platform for small businesses

Reviewed on 18/11/2024

I am not a professional accountant but I am able to do simple bookkeeping for my two small...

I am not a professional accountant but I am able to do simple bookkeeping for my two small businesses myself - thanks to Wave. Invoices can be uploaded in a very intuitive way and connecting outside banking accounts is easy and works very well.

Pros

Wave is an easy-to-use accounting software. Even people who are not accountants, like myself, can use it. I am a small business owner who does his accounting. The best part is - Wave offers the option to run multiple businesses through the same account. It's very convenient. I simply switch from one business to another without having to log into another account.

Cons

Many things I did not like about Wave have been fixed over the years. It was mostly performance issues, but they've all been addressed now.

Joseph
Overall rating
  • Industry: Civic & Social Organisation
  • Company size: 11–50 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

The Progressive Finance Managing Platform

Reviewed on 12/03/2024

The program creates a robust accounting solution, where ever transaction is fully screened and...

The program creates a robust accounting solution, where ever transaction is fully screened and proper follow up done.

Pros

The management of all general ledgers is something the software is well controlled.
There is the transaction recording, where proper accounting is done and budgeting enhanced.

Cons

The capital budgeting details are not well elaborated, and this calls for more involvement with the vendor.

Sidath
Sidath
Overall rating
  • Industry: Hospitality
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

I am extremely appreciative to the Wave Accounting System for allowing me to properly handle...

Reviewed on 12/11/2023

I have been using wave accounting System to manage the finances of our small business since 2017. I...

I have been using wave accounting System to manage the finances of our small business since 2017. I have had all the records since 2017.
It has been really useful to us. I am very glad to use the waive accounting system.
I highly recommend wave accounting system to the owners of small businesses.

Pros

It has all the options for managing the finances of a small business easily. You could create your invoices, send invoices via links, record payments, and enter all the expenses. You could track your income customer-wise. You could even manage your payroll.
Your total PNL is also calculated automatically. It is very user-friendly; anyone could use it

Cons

Cannot be connected to all the banks around the world. There is a list of supported banks and credit cards.

Egor
Egor
Overall rating
  • Industry: Entertainment
  • Company size: Self Employed
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

A must have business Accounting service especially for Canada

Reviewed on 7/11/2023

My income taxes are basically done as we go at any taken day. If you got everything categorized...

My income taxes are basically done as we go at any taken day. If you got everything categorized your taxes are always done.

Pros

CRA certified
Free to use but as good as QuickBooks
Great for solopreneurs, freelancers and small business
Easy connect to all back accounts and credit card or LOC all under the same account.
Can have multiple businesses
Auto categorization of income and expances
Auto GST calculation on qualified purchases only and on sales and properly calculated in the reports

Cons

Unless you get an optional paid subscription services that many business don't even need you can not get any support not by email nor by Messenger or on the phone. You are on your own. You can only use their knowledge base or online videos. If you have an issue that is not in the knowledge base you are on your own to figure it out.

Carl
Overall rating
  • Industry: Sports
  • Company size: Self Employed
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Wave is an excellent product!

Reviewed on 9/05/2024

My overall experience is very positive. I would recommend WAVE to my friends without question.

My overall experience is very positive. I would recommend WAVE to my friends without question.

Pros

It is easy to use and understand. I feel both comfortable and confident when using WAVE.

Cons

I know that the fee will be going up as I was just notified recently. I just hope that it doesn't get too expensive.

NISHA
Overall rating
  • Industry: Pharmaceuticals
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

GREAT FOR SMALL BUSINESSES

Reviewed on 6/05/2024

Pros

PROS- ease of recurring billing, saves information for each company or customer needed to be sent invoices, you're able to change pricing for each product or service you are billing for

Cons

It is all online so you need to keep track of everything via internet

Robert
Overall rating
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Worst Customer Service EVER

Reviewed on 5/09/2024

Horrid. Eventually you will have a question and need help. Even with the 16 dollar per month they...

Horrid. Eventually you will have a question and need help. Even with the 16 dollar per month they were completely un helpful and dismissive. All you have is chat that they send you pre written script blurbs. While the chat people are PC your in a hell of where they can not do anything.
It was like calling 911 and instead of someone sending help they just sit there and say "Oh that sounds bad, I understand, Golly darn."

Pros

At first it was useful. Glitchy but free.

Cons

Customer Service
Help Desk
The non existent manager
No phone to call even with a paid membership