Wave

Wave

Wave is a free accounting software designed specifically for small businesses, freelancers, and entrepreneurs who need to manage invoicing, bookkeeping, and payments without the complexity of enterprise solutions. It offers a complete financial management suite with unlimited income and expense tracking at no cost.

Free plan available

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Features

Unlimited invoicing and invoice customization
Automatic bank transaction imports and reconciliation
Receipt scanning and expense tracking
Financial reporting (profit & loss, balance sheet, cash flow)
Multi-business management from one account
Sales tax tracking and reporting

Pros & Cons

Pros

  • +Completely free core accounting features with no user limits
  • +Intuitive interface that's easy for non-accountants to use
  • +Excellent mobile app for managing finances on the go
  • +Real-time financial reports and dashboards

Cons

  • -Limited integrations compared to competitors like QuickBooks or Xero
  • -Payment processing and payroll features come with additional fees
  • -Not suitable for larger businesses with complex inventory or multi-currency needs

Pricing

PlanPriceFeatures
Free$0/moUnlimited invoicing and expense tracking, Bank connection and reconciliation, Financial reports and dashboards, Receipt scanning, Multi-business management
Pro$16/moAll Free features, Recurring invoices and billing, Email support with faster response times, Advanced reporting
Payments2.9% + $0.60 per transactionAccept credit card payments on invoices, Bank payments (ACH) for 1% fee, Automatic payment reconciliation, Mobile card reader available
Payroll$20-$40/mo + per employee feesAutomated payroll processing, Tax filing and payments, Direct deposit, Employee self-service portal

Quick Info

Starting Price
Free
Features
6 listed

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