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.

Pricing Free

Free - For Accounting, Invoicing, and Banking

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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