Wave is accounting and invoicing software for small businesses. It tracks income and expenses, sends invoices, takes card and bank payments and offers payroll as an add-on.
Wave uses double-entry accounting, and its dashboard organizes your income, expenses, payments and invoices. Its reports can show month-to-month or year-to-year comparisons. You can add other people, such as your bookkeeper or accountant, as users on your account. With a Receipts or Pro subscription, OCR technology extracts and organizes the data from scanned receipts. You can also forward receipts to your Wave email address, and Wave stores and sorts them.
Wave says its accounting and bookkeeping software is for small businesses, freelancers and creators. The mobile app for iOS and Android lets you create, customize and send invoices on the go. You can mark an invoice paid on the spot so your records stay up to date. The app also alerts you when a customer views an invoice, when it falls due and when it’s paid.
Wave connects with other apps through Zapier and Make. Wave builds and supports its own integrations, while partner apps such as Driversnote for mileage tracking are supported by the partner. Its US help guides cover Etsy, eBay and Amazon integrations. The Help Center and Mave, Wave’s automated support chatbot, are open to all customers. The support team answers by email and live chat on weekdays for customers with Pro, payroll, online payments or Receipts, and there’s no inbound phone line.
Starter covers the essentials, and Pro adds automation such as late payment reminders and extra user roles. Current prices are in the pricing box above.