Wave Accounting Overview
What is Wave Accounting?
Wave Accounting is a completely free, cloud-based double-entry accounting software designed for small businesses and freelancers. It provides core accounting functionality, including financial reporting, and seamlessly integrates with other free Wave modules for invoicing, receipt scanning, payment processing, and payroll (the latter for a fee). The platform allows unlimited collaborators and management of multiple businesses from a single login, automating data entry to provide real-time financial insights. Its primary aim is to simplify accounting so business owners can focus more on their operations.
Who it's for:
This software is best for small business owners, freelancers, and startups with basic accounting needs who are seeking a robust, free accounting solution with optional paid add-ons for expanded functionality.
Our verdict:
Our verdict is that Wave Accounting is an exceptional value proposition, offering powerful, free core accounting tools that are ideal for cost-conscious small businesses needing reliable financial management.
Wave Accounting Details
Wave Accounting Platforms supported
Cloud, SaaS, Web-Based
Mobile Android
Mobile iPhone
Desktop Chromebook
Desktop Linux
Desktop Mac
Desktop Windows
Mobile iPad
On-Premise Linux
On-Premise Windows
Wave Accounting Support options
Chat
Email Help Desk
FAQ Forum
Knowledgebase
Wave Accounting Training options
Documentation
In-Person
Live Online
Videos
Webinars
Wave Accounting Related Categories
Wave Accounting Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
Wave Accounting Features
Most valued Wave Accounting features by users
Deferred Billing
Dunning Management
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Invoicing
Recurring/Subscription Billing
Self Service Portal
Accounts Payable
Accounts Receivable
Asset Tracking
Bank Reconciliation
Budgeting/Forecasting
Donation Management
Fund Accounting
Payroll Management
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