Overview
Provides features including invoicing, billing, payment tracking, payroll management, finance management, credit card processing, and receipt scanning. Wave Accounting is designed to help businesses streamline bookkeeping processes.
In a Hurry? Wanna Skip the Wordy Parts?
Recommended For the Following
Individual Self Managing Property Owners – Yes
Property Managers and Co-hosts – Yes
Features
Double Entry Accounting – Yes
Accounts Payable – Yes
Expense Tracking – Yes
Bill Payment – No
Bank Sync – Yes
Transaction Categorization and Matching – Yes
Invoicing – Yes
Payroll Integration – Yes, Wave Payroll service for a monthly fee.
Vendor and Contact Management – No
Document and Receipt Management – Yes
Cloud File Storage – Yes
P&L (Profit and Loss) Reports – Yes
Balance Sheets Reports – Yes
NOI (Net Operating Income) Reports – Not built-in
Basis and Depreciation Tracking – Yes
Editable Chart of Accounts – Yes
Automatic Mortgage Amortization – No
Lease Tracking – No
Mileage Tracking – No
Mobile App – Yes (cannot upload receipts via the app)
Customer Service –
- Free users have self-service support via the knowledge library and chatbot.
- Bookkeeping support is $149/mo.
- One on one accounting support packages staring at $379.
Pros
- The only free double entry accounting system
- Invoicing and banking features are free as well.
Cons
- Self serve support
Customer Reviews
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