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Wave Reviews & Product Details - Page 4

Wave Overview

What is Wave?

The world's fastest growing small business accounting software.

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Product Description

The world's fastest growing small business accounting software.


Seller

Wave

Description

Wave is a comprehensive financial services and software company designed specifically for small business owners, freelancers, and consultants. Wave's products include free accounting software, invoicing, and receipt scanning, along with paid payroll services and credit card processing. These tools are specifically tailored to simplify financial tasks commonly encountered by small businesses, allowing users to save time and focus more on running their business.Wave's commitment to affordability and accessibility makes it popular among entrepreneurs who are just starting out or operating on tight budgets. With an intuitive design and straightforward user interface, Wave ensures that managing financial records, handling payroll, and processing transactions can be done with ease. You can explore their full offering and specific features by visiting their website at [https://www.waveapps.com](https://www.waveapps.com).

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Wave Integrations

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Integration information sourced from real user reviews.

Recent Wave Reviews

Lydia K.
LK
Lydia K.Small-Business (50 or fewer emp.)
4.5 out of 5
"How good is Wave."
I like that it is user-friendly, and it has free core features.
Lester H.
LH
Lester H.Small-Business (50 or fewer emp.)
5.0 out of 5
"Great Accounting Software"
It is easy to use and I don't have to have the software installed on my computer.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Great for my nonprofit organization"
The free version is great for a start up nonprofit. It is easy to navigate for someone without a finance background. Customer support has always be...

Wave Media

Wave Demo - chrome-invoice-accounting.jpg
chrome-invoice-accounting.jpg
Wave Demo - chrome-invoice-one-experience.jpg
chrome-invoice-one-experience.jpg
Wave Demo - chrome-invoice-professional-invoices.jpg
chrome-invoice-professional-invoices.jpg
Wave Demo - chrome-invoice-accept-online-payments.jpg
chrome-invoice-accept-online-payments.jpg
Wave Demo - chrome-invoice-recurring-billing.jpg
chrome-invoice-recurring-billing.jpg
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298 Wave Reviews

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298 Wave Reviews
4.3 out of 5
298 Wave Reviews
4.3 out of 5

Wave Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Josh C.
JC
Co-Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Rating Updated ()
What do you like best about Wave?

It's free to use and do all your accounting. It is easy to get your reports to do taxes or just look at your P & L's. It works great and is quite easy. You can do payroll with it but you do have to pay for that, so if you are a tiny business it works great as you don't need payroll. You can also take online ACH and Credit Card payments. There are fees per payment but they are decently reasonable and they just send the payment to your bank account minus the fee. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The only thing I really don't like is the recurring invoices. It does not name them correctly so instead of going Maintenance Contract Billing 1 then 2 then 3 it gives random names from last invoices you made that don't even have to do with the customer. So I have to rename them and send them instead of having Wave do it automatically. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

I can really do all of my accounting for my small web design business all in one place I don't need separate programs and it is free. Review collected by and hosted on G2.com.

MW
E
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
Rating Updated ()
What do you like best about Wave?

Wave has features that were lacking in other comparable programs. I use the invoice function quite a bit as I bill clients for hourly work. It automatically numbers invoices sequentially, keeps track of paid and unpaid invoices and has an easy set up to accept credit cards and bank payments, a feature lacking in many other basic business programs. It keeps track of income and expenses and will integrate with its accounting function, which I use sparingly because my needs are not great in this regard. I particularly like the fact that it will create receipts to send when payments are received. Invoices and receipts are very polished and professional looking. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The only suggestions I have for Wave is that it should keep track of client emails across functions so I don't have to manually enter it when sending receipts. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

I am a one person small operation just starting out and Wave makes me seem like a seasoned, serious business. It set up credit card payments easily and with reasonable rates. I can get by with the very robust free version, but hope to expand enough to use the paid version, which is quite reasonable. Review collected by and hosted on G2.com.

AA
President
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

Wave is easy to use, and works very much like QuickBooks. A minimal learning curve also has a mobile app. It also allows you to send recurring invoices with several reminders Review collected by and hosted on G2.com.

What do you dislike about Wave?

Not sure I have found what I dislike about it yet Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

A great cost-effective solution if you are looking for a QuickBooks alternative Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Syncing my bank account and helping me do my bookkeeping every month easily and time effectively. Review collected by and hosted on G2.com.

Shawn G.
SG
Contributing Writer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

That it's free! And honestly, it has been absolutely perfect for my small business. I've been using it for about 10 years now and the software continues to improve all the time. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Sometimes the improvements come along pretty slowly, and I've had some minor issues disconnecting old businesses that are no longer in existence, but it really hasn't caused any issues. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

Sure, you'll potentially get a little more functionality with a paid software service, but for free Wave checks a lot of boxes and does awesome work. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Problem may not be the right word - Wave handles all my accounting and invoicing needs. More recently they've moved into banking which has also made my life easier as well. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
AI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

It makes accounting and invoicing very easy to do. I am able to prepare accounts with minimum accounting entries Review collected by and hosted on G2.com.

What do you dislike about Wave?

It has restricted usage in other countries that even needed this tool the most. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Wave helps me to prepare accounts easily and prepare estimates and even invoices Review collected by and hosted on G2.com.

Danny F.
DF
Owner/Music Industry & Marketing Consultant
Music
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

How easy WAVE is to use when sending my clients invoices. I love that it gives you the option to select when you want it to send out reminders if an invoice hasn't been paid. The reporting options are also beneficial, especially when it comes to tax season and wrapping up the fiscal year. WAVE makes everything easier. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The only frustration I have with WAVE is when it comes to uploading and tracking receipts. Each receipt has to be uploaded manually, which can be monotonizing. It would also be nice if WAVE automatically applied any late fees we have once an invoice becomes overdue. Save us from having to add in the late fees automatically Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

WAVE helped me get our invoicing organized. Before I continually forgot to send out an invoice and never sent out reminders. Plus, when it came to tracking invoices, doing everything by hand with just excel was a tedious task. With WAVE, it's simple to send out, track and record payments. Review collected by and hosted on G2.com.

Karrie B.
KB
Fractional COO | Burnout Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

I love how easy Wave is to use, how I can track all expenses, and run reports whenever I need them. Super easy to send invoices, get online payment and now even add payment links to websites. Review collected by and hosted on G2.com.

What do you dislike about Wave?

A recent update makes uploading receipts a bit harder, but still easy to do. I just Iiked how you could upload them and the AI prefilled much of the info. Now it feels like a 3 step process. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

I have been using Wave for 4 years and love it. It is easy to use. I have given view access to our CPA and they have been very happy with the platform and reports that can be run. It helps keep us very organized and professional and we can run reports as we needed. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

We use it for our accounting system, sending invoicing and recently they even added the ability to do banking with them. Makes it easy to have everything all on one platform. Review collected by and hosted on G2.com.

Brandon M.
BM
Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

I love that Wave is free to use & easy to use. The fact that I can set up recurring invoices for my customers and manually send them is a major plus! I also really appreciate that Wave has an app that I can use so that I don't have to be connected to my computer constantly. We have not yet started to use their payment system, but it is something that we are considering.mpant. We will most likely begin to use their online payment system at the beginning of the new year. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The downside to Wave might be that I cannot set custom reminders. I have to use the pre-set times they have programmed into the system. Payments at our company are not late until the 10th of the month & I would like the option to set up reminders just then. However, this is a minor issue to get over when you consider how great Wave is! I can overlook this minor issue just to use Wave at my company. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

What are you waiting for? There is no reason that you shouldn't be using Wave! Trash Quickbooks & start using Wave NOW! Seriously though - take a second and look at Wave. It meets all of our requirements without busting our budget wide open! Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

I love the money that I save using Wave. Accounting software can be extremely expensive and usually requires some sort of download that you then have to spend hours customizing and integrating into your other software. Wave is nothing like that! Using Wave, I can apply that money to other things in our office that help with productivity. The most significant benefit is that I can successfully invoice customers without wasting the time of creating the invoices. In less than an hour, I I am able to create all of our invoices and send them out for the entire month! Review collected by and hosted on G2.com.

Connor F.
CF
COO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

Wave App has given our small business the accounting power of a large company. It is simple, easy to navigate, and we don't find it limiting. Great for showing the tax man what he wants to see. Review collected by and hosted on G2.com.

What do you dislike about Wave?

At one point, our debits were showing up as credits, and our credits were showing up as debits. This was solved later and might have been an issue with our bank. The customer service is non-existent on the free version so, if you have any issues, you are out of luck. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Having scraped out a living with our first year of business during the global pandemic, we didn't have the means to pay an accountant and bookkeeper. We needed a free solution that we could scale up at a later date as we need more features. Review collected by and hosted on G2.com.

Justin C.
JC
Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

It's free, completely functional for accounting software, straightforward to learn, and can grow with you as your business grows. Once you start using the paid features, you'll find that it's very competitive pricing compared to alternatives. Review collected by and hosted on G2.com.

What do you dislike about Wave?

They've made some changes to their design layout and user interface that made some accounting tasks take more clicks. However, they've made some adjustments to improve that and seem to be constantly working on their product. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

If Wave isn't set up for automatic tax withholdings/payments in your state, you might consider using Quickbooks or Gusto instead. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Accounting, payroll, employee management all in one platform. I don't use the payment/invoicing system due to the unique needs of my industry but for most businesses, that feature would work seamlessly as well. Generating W-2 and tax forms at the end of the year is a breeze, and automatically calculating your employment taxes for you is very helpful. Review collected by and hosted on G2.com.