---
title: Wave Reviews
meta_title: 'Wave Reviews 2026: Details, Pricing, & Features | G2'
meta_description: Filter 326 reviews by the users' company size, role or industry
  to find out how Wave works for a business like yours.
aggregate_rating:
  rating_value: 4.3
  review_count: 326
  scale: '5'
date_modified: '2026-07-09'
parent_category:
  name: Accounting & Finance
  url: https://www.g2.com/categories/accounting-finance
---

# Wave Reviews
**Vendor:** Wave  
**Category:** [Accounting Software](https://www.g2.com/categories/accounting)  
**Average Rating:** 4.3/5.0  
**Total Reviews:** 326
## About Wave
Wave is a comprehensive, cloud-based accounting software tailored for small businesses, freelancers, and entrepreneurs. It offers a suite of financial tools designed to simplify bookkeeping, invoicing, and payroll processes, enabling users to manage their finances efficiently without the need for extensive accounting knowledge. Key Features and Functionality: - Accounting: Track income and expenses, manage cash flow, and access detailed financial reports such as profit and loss statements and balance sheets. - Invoicing: Create and send professional, customizable invoices with ease. - Payments: Accept online payments through credit cards and bank transfers, facilitating faster transactions. - Payroll: Run payroll for employees and contractors, with automatic tax calculations and filings in supported regions. - Receipts: Scan and store receipts to track and organize expenses efficiently. - Mobile App: Manage invoices, expenses, and receipts on-the-go, ensuring financial oversight anytime, anywhere. Primary Value and Solutions Provided: Wave addresses the common challenges faced by small business owners in managing their finances by offering an integrated platform that combines accounting, invoicing, and payroll functionalities. Its user-friendly interface and automation features reduce the time and effort required for financial management, allowing users to focus more on growing their businesses. Additionally, Wave's commitment to security ensures that sensitive financial data is protected, providing peace of mind to its users.



## Wave Pros & Cons
**What users like:**

- Users enjoy the **ease of use** of Wave, finding it simple and accessible for non-finance professionals. (10 reviews)
- Users value the **efficient invoice management** in Wave, facilitating easy invoicing and payment processing. (6 reviews)
- Users find the **easy setup** of Wave invaluable for quickly establishing connections and managing client interactions. (3 reviews)
- Users value the **numerous and easy integration features** of Wave, enhancing their overall experience and efficiency. (3 reviews)
- Users appreciate the **invoicing ease** of Wave, finding it quick and efficient for professional invoice management. (3 reviews)
- Automation Efficiency (2 reviews)
- Users find Wave's **billing management** incredibly easy, facilitating client invoicing, payments, and reporting effortlessly. (2 reviews)
- Users value the **cloud-based access** of Wave, enhancing convenience and reliability for managing their business information. (2 reviews)
- Easy Access (2 reviews)
- Users find Wave to be **intuitive and user-friendly** , making it easy for non-finance individuals to navigate. (2 reviews)

**What users dislike:**

- Users find the **missing features** of Wave inconvenient, as it lacks currency support and automated sharing options. (5 reviews)
- Users experience **poor customer support** from Wave, facing unresponsive teams and limited assistance for critical issues. (4 reviews)
- Users feel the product is **expensive** due to required subscriptions and high addon pricing, impacting overall value. (2 reviews)
- Users are frustrated by the **limited integration options** in Wave, impacting their workflow and efficiency. (2 reviews)
- Users face significant **approval process issues** , struggling to set up banking accounts and receiving poor support from the team. (1 reviews)
- Users note the **business size limitations** of Wave, finding it unsuitable for larger companies' needs. (1 reviews)
- Difficult Customization (1 reviews)
- Email Issues (1 reviews)
- Insufficient Information (1 reviews)
- Integration Difficulties (1 reviews)

## Wave Reviews
  ### 1. Wave is a good bookkeeping solution for the small business owner

**Rating:** 4.0/5.0 stars

**Reviewed by:** Sebrina P. | Graphic & Event Designer, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 21, 2019

**What do you like best about Wave?**

When GoDaddy Bookkeeping became cost-prohibitive for my accounting needs, I was on the search for an expensive bookkeeping software. Wave met my needs by offering online software I can access from anywhere and integration with my financial institutions.

**What do you dislike about Wave?**

Wave does not offer the same level of intuitiveness as GoDaddy Bookkeeping but I am able to achieve everything I need to so I can't complain.

**What problems is Wave solving and how is that benefiting you?**

I am able to keep a handle on the basics of my bookkeeping without breaking the bank.

  ### 2. A good online accounting platform with just about all of our needs

**Rating:** 4.5/5.0 stars

**Reviewed by:** Russell O. | Producer, Mid-Market (51-1000 emp.)

**Reviewed Date:** April 19, 2019

**What do you like best about Wave?**

The user interface of Wave is very clean with distinct menu options and sections that make navigating the platform fairly simple. Most all of the tools are self-explanatory enough for most of us to go in and use it without needing extensive training. We can create engaging data-filled reports within seconds with Wave's custom report generation tools. We not only have all the tools we need for standard accounting and tax purposes, but we can also generate invoices and connect all of our bank and credit card accounts to transfer payment information completely online.

**What do you dislike about Wave?**

I think the fees for accepting payments online is slightly too high. We only use that feature once in a while since we can get better rates through other methods. Being an online-based accounting platform puts some security risk into the equation. We never know if Wave will get breached or if our passwords will get stolen.

**Recommendations to others considering Wave:**

Wave is used by many and should be considered a trusted company for your accounting. Though there's a risk involved with processing financial information online, as long as you take the proper and obvious precautionary measures, such as securing your passwords, you most likely will be fine.

**What problems is Wave solving and how is that benefiting you?**

I handle many aspects of business and use Wave as my main accounting platform to manage payroll, expenses, reports and other accounting tasks. Rather than depending completely on accounting specialists, we can use Wave to run most of our accounting activities and manage our spending very efficiently. Overall, Wave has been a dependable and error-free online accounting platform that we can count on for immediate and accurate account updates.

  ### 3. Great for those with little accounting knowledge

**Rating:** 5.0/5.0 stars

**Reviewed by:** Lisa G. | Digital Marketer, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 18, 2019

**What do you like best about Wave?**

Wave is relatively easy to setup and use.  There are some great features that are time saving. The ability to create recurring invoices. The integration with Stripe for payment options. And, I can easily connect with my bank accounts for reporting. It's the perfect solution for small businesses - most likely bigger businesses as well but I can only recommend based on small business. 

**What do you dislike about Wave?**

The initial setup and learning curve was a bit time consuming but I had very little knowledge of accounting so took me longer. For those who have used other platforms it should be a breeze.

**Recommendations to others considering Wave:**

For those looking for a simple, secure option with loads of features and excellent integration with payment gateways then this product should be trialed.

**What problems is Wave solving and how is that benefiting you?**

I can have all of my clients information, history and invoices in one place to easily find and reconcile when needed. I can create recurring invoices to save time. I can see what cash on hand I have. Reporting is great for tax time.

  ### 4. great software

**Rating:** 5.0/5.0 stars

**Reviewed by:** ernest p. | mr, Enterprise (> 1000 emp.)

**Reviewed Date:** June 16, 2019

**What do you like best about Wave?**

The UI of Wave is exceptionally spotless with particular menu choices and segments that make exploring the stage genuinely basic. Most the majority of the instruments are clear as crystal enough for the vast majority of us to go in and use it without requiring broad preparing. We can make drawing in information filled reports inside seconds with Wave's custom report age instruments. We not just have every one of the apparatuses we requirement for standard bookkeeping and duty purposes, yet we can likewise produce solicitations and associate the majority of our bank and Mastercard records to move installment data totally on the web.

**What do you dislike about Wave?**

The underlying setup and expectation to learn and adapt was a bit tedious however I had almost no information of bookkeeping so took me longer. For the individuals who have utilized different stages it ought to be a breeze.

**Recommendations to others considering Wave:**

Total positive. On the off chance that you have to make gauges and solicitations for your independent company, at that point use Wave.

**What problems is Wave solving and how is that benefiting you?**

We required an accounting program that had the option to coordinate with our financial balance to spare time in the accounting procedure. It has spared us a lot of time in our month to month accounting process.

  ### 5. Accounting made easy, and free!

**Rating:** 4.5/5.0 stars

**Reviewed by:** Tom W. | Website design and hosting, Small-Business (50 or fewer emp.)

**Reviewed Date:** October 08, 2019

**What do you like best about Wave?**

Easy to use and setup and the main feature is the app which makes it a pleasure to use 

**What do you dislike about Wave?**

Can’t create quotes or estimates on an iPhone 

**Recommendations to others considering Wave:**

It’s ease of use and flexibility enable you to do most basic functions of invoicing, adding products and customers and tracking payments very simply

**What problems is Wave solving and how is that benefiting you?**

So much easier creating invoices on the go and for tracking who owes what. Plus accepting stripe payments means less commission to Paypal but also means it’s easy to track when payments are made and also when invoices are viewed

  ### 6. Wave is dope

**Rating:** 5.0/5.0 stars

**Reviewed by:** Jason K. | President, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 08, 2019

**What do you like best about Wave?**

Wave is free! It's got mobile apps that make it easy for me to scan in a receipt or send out an invoice from my phone. It's easy to use, and has a vibrant community waiting to help.

**What do you dislike about Wave?**

The downside? I guess, a downside is that it doesn't tie in to Mint, but even for that, I'm not switching to QuickBooks. Although a bookkeeper friend has suggested that I take a look at QB desktop version, so I will.

**Recommendations to others considering Wave:**

If your accountant wants you to pay for QB, tell 'em to get Wave instead.

**What problems is Wave solving and how is that benefiting you?**

Wave makes it easy for me to be a one-man show. I can easily track my income and expenses, assets and liabilities while I manage my website, create my own marketing material and run the one-man sales team!

  ### 7. Keeping track of your accounting.

**Rating:** 4.5/5.0 stars

**Reviewed by:** Brendan M. | Accountant, Food Production, Mid-Market (51-1000 emp.)

**Reviewed Date:** September 09, 2019

**What do you like best about Wave?**

Impressed with the ability to reconcile statement which allows me to verify that all transactions are posted appropriately and accurately.

**What do you dislike about Wave?**

I wish there was more to the report but for now it has limited reports with no customisability.

**Recommendations to others considering Wave:**

Great tool but if you are looking for an excellent reporting system then be ready to expect less from it otherwise everyother thing is okay and excellent.

**What problems is Wave solving and how is that benefiting you?**

General simple reports such as your income statements, balance sheet, and cash flow and also keeping track of my finances from income to spending.

  ### 8. Great invoicing system for small businesses

**Rating:** 4.5/5.0 stars

**Reviewed by:** Martha D. | Owner, Small-Business (50 or fewer emp.)

**Reviewed Date:** August 20, 2019

**What do you like best about Wave?**

Wave offers a sleek design and user friendly interface for invoicing and payment management. Their system is 100% free and works better than many paid programs. They have online payment options for credit cards and bank payments. Wave also let's you create quotes and reoccurring invoices. 

**What do you dislike about Wave?**

Most CPAs only want to work with QuickBooks. Ours always complains about not liking the wave reports but overall we are really happy with the system. 

**Recommendations to others considering Wave:**

Try out Wave! It's free to try and you won't regret it. 

**What problems is Wave solving and how is that benefiting you?**

We use wave for project invoicing and reoccurring customer invoices. 

  ### 9. How easy it makes everything

**Rating:** 3.5/5.0 stars

**Reviewed by:** Tara W. | Web Developer and Graphic Designer, Internet, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 11, 2019

  ### 10. A free alternative to Quickbooks

**Rating:** 5.0/5.0 stars

**Reviewed by:** Kyle P. | Founder/Designer, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 17, 2019

**What do you like best about Wave?**

Wave is free to use unless you add on payroll or bookkeeping support. It's simple to use, allows you to invoice and accept payments, and gets the painstaking job of accounting done efficiently.

**What do you dislike about Wave?**

The user interface is not too exciting and invoicing design is limited.

**Recommendations to others considering Wave:**

Wave is a great accounting service to use for your small business. It's robust and plenty capable. If you're tied into the Quickbooks ecosystem you may not transition well but if you are starting fresh Wave is a great alternative to the Quickbooks giant.

**What problems is Wave solving and how is that benefiting you?**

Wave allows me to manage my accounting and accept payments from clients at virtually no cost outside of a payment processing fee which is close to industry standard.

  ### 11. All that  Most Sole Proprietors Need

**Rating:** 3.5/5.0 stars

**Reviewed by:** Michael M. | Business Owner, Insurance, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 24, 2019

**What do you like best about Wave?**

Well, besides the fact that it's free? The program just works really well. A person can tie taking credit cards to it and accept over the phone, or on a website or in person. 

**What do you dislike about Wave?**

I have not quite figured out the reports yet. It could be more intuitive in this area. (But I do not really need them, so it's okay for me). 

**Recommendations to others considering Wave:**

Compare it to the more costly options and see if it might work for you. I am now sure that it will and am fully implementing it. 

**What problems is Wave solving and how is that benefiting you?**

It allows me to track expenses and income for tax preparation without spending a lot of time doing it. 

  ### 12. Perfect for my Small Business

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Leisure, Travel & Tourism | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 12, 2019

**What do you like best about Wave?**

For my needs, Quickbooks is too expensive and complex.  Wave has all the features I need without being overloaded.  Plus, it's free!  I was using Excel, and my small business quickly grew out of that.  Shopping around, I was glad to find a free, feature-light version of accounting software.  

Customer support has been very fast and friendly.  Much better than my past experience with more expensive products.  Any questions or speed bumps in the learning curve were answered quickly.  

**What do you dislike about Wave?**

There is a learning curve to entering everything (like the date format).  But once I got going, it's been great. 

**Recommendations to others considering Wave:**

I was so glad to have found this free, easy product for my bookkeeping needs.  I did use a couple of online tutorials from YouTube (not made by Wave) to learn to set up my bookkeeping.  It also gave me the idea that there are lots of capable people using the product, so I saw this as a good thing.

**What problems is Wave solving and how is that benefiting you?**

I was using excel for all of my accounting.  Wave's categories, reports and monthly reconciliation are a blessing!  I've cut my accounting from 1-2 days a month to just a few hours.  

  ### 13. Wave makes sending invoices and collecting payments simple

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 21, 2019

**What do you like best about Wave?**

I'm a fairly new user of Wave. I use it to send invoices to my clients. I found it to be very simple to use, the interface is nice and setting up different types of payment collection was easy. I'm currently on the free plan since my needs are limited. I was surprised that they offered credit card payments for invoicing on the free plan. I couldn't find other software that allowed me to take cc payments without signing up for a paid plan.

**What do you dislike about Wave?**

The only thing I don't like it having to pay a credit card processing fee when my client pays by credit card. That's not necessarily the fault of Wave though. 

**Recommendations to others considering Wave:**

Try out their free plan to test their software.

**What problems is Wave solving and how is that benefiting you?**

Wave makes it possible for me to handle my own client invoicing. The benefits are streamlined payments from my clients. 

  ### 14. Great Alternative for small businesses

**Rating:** 4.5/5.0 stars

**Reviewed by:** Forest H. | Attorney, Small-Business (50 or fewer emp.)

**Reviewed Date:** August 27, 2019

**What do you like best about Wave?**

Easy to use, great interface, cross platform.

**What do you dislike about Wave?**

The initial dashboard isn't very useful once you are set up and it isn't customizable.

**What problems is Wave solving and how is that benefiting you?**

I handle all of my billing for my law practice through wave and it makes basic bookkeeping very easy.

  ### 15. Software wave the best I used

**Rating:** 4.5/5.0 stars

**Reviewed by:** Alex W. | Operations Account, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 21, 2019

**What do you like best about Wave?**

Wave is awesome, the best wave is for free on what I need. And it gather just in one screen many options for administrating a company. just great to have wave in my company.

**What do you dislike about Wave?**

Is hard to think about something I don't like from vonage, like for real is amazing. Maybe when I send an invoice doesn't let me attahced another file

**Recommendations to others considering Wave:**

I recommend wave with my eyes close, Invoicing, billings, profits, overdue payment, I mean have everything just in one place. 

**What problems is Wave solving and how is that benefiting you?**

Since I have wave the only thing I can think about is organization, my business is more organized, the bills are great and it looks very pretty.

  ### 16. Great Accounting Software

**Rating:** 5.0/5.0 stars

**Reviewed by:** Lester H. | Principal, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 25, 2019

**What do you like best about Wave?**

It is easy to use and I don't have to have the software installed on my computer.

**What do you dislike about Wave?**

I have not found anything that I don't like about the software. It is updated often and they have included additional 

**Recommendations to others considering Wave:**

If you are a small business and you don't need lots of additional reports then this is the software for you.

**What problems is Wave solving and how is that benefiting you?**

It is a simple accounting system that is inexpensive in comparison to the top business software.  It is a great choice for a consultant or company without employees. 

  ### 17. Great, simple, and perfect for small businesses

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Media Production | Small-Business (50 or fewer emp.)

**Reviewed Date:** February 17, 2019

**What do you like best about Wave?**

easy to use, super professional templates for invoices, and has kept my invoice history for the past few years making it easy to look back

**What do you dislike about Wave?**

The interface could be improved slightly as well as some of the templates could allow for more customization. But overall this is a great software to use for free. Can't complain really.

**Recommendations to others considering Wave:**

Definitely the best software for the cost. Even with the the additional costs, it's still the best software I've found for small business owners. I looked at a lot of the big brand softwares that cost hundreds of dollars. But if you're providing consultancy services or working independently and just need to invoice folks from time to time each month, this a great alternative to using google docs or some word template. It reminds me of invoices overdue and remembers names, addresses, etc.

**What problems is Wave solving and how is that benefiting you?**

Invoicing and trying to keep on top of it!

  ### 18. A flawless invoicing system with great reports to help my end of year tax return.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.)

**Reviewed Date:** February 06, 2019

**What do you like best about Wave?**

The freemium pricing model. It's free to use the system, the only charge being if you want to accept payments by card which isn't something that I do with my business model. As I'm only accepting payments in cash/cheque/bank transfer, I don't actually pay any fees to Wave. 

As someone in the UK, I also rely on Wave to give me my end of year income figures for Self Assessment - great reporting tools.

**What do you dislike about Wave?**

I really can't find any fault with Wave and I've been using it for years, including through a period that involved an update to the look and feel of the platform. I guess it's a shame that the integrations rely so heavily on Zapier rather than a free service like IFTTT or even a API for connecting with other services.


**Recommendations to others considering Wave:**

I very much recommend having an accountant professional or someone trained in accounts to set Wave up for you at the start.  From a layman's point of view, Wave is very easy to set up, to link to your bank account, customise invoices etc but I think it's best to have someone "hold your hand" at the start so that you can be sure you're working correctly from then on. Of course, if you do it all right at the start then you'll save money when your accountant has to work less hours at the end of the year to reconcile everything!

**What problems is Wave solving and how is that benefiting you?**

No more invoicing spreadsheets and word documents to work with! No random folders on my computer filled with individual invoices that I've sent out!

  ### 19. Receipt tracking and invoicing made easy!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.)

**Reviewed Date:** October 18, 2019

**What do you like best about Wave?**

Love the receipt capture app that integrates with accounting. Invoicing app is great for on the spot invoicing from my phone and an easy way to accept payments.

**What do you dislike about Wave?**

I dislike the inability to split transaction cost centers with receipt app (though you can split transactions on browser version)

**Recommendations to others considering Wave:**

Get your chart of accounts straight and you’ll be great!

**What problems is Wave solving and how is that benefiting you?**

Accounting, invoicing, receiving payments

  ### 20. It integrates well with my business

**Rating:** 5.0/5.0 stars

**Reviewed by:** Ben A. | Brand Specialist, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 21, 2019

  ### 21. Great for new and experienced businesses

**Rating:** 5.0/5.0 stars

**Reviewed by:** Karen H. | Luxury Brand Strategist & Shopify Expert, Small-Business (50 or fewer emp.)

**Reviewed Date:** December 09, 2018

**What do you like best about Wave?**

I like that Wave doesn't have overwhelming reporting and editing features. A lot of the times when you log into accounting programs it can seem overwhelming. Not with Wave, it's pretty easy with a little bit of help from some tutorials. I also like that I can send invoices and utilize the ACH feature which makes getting paid easy. Bonus points also to the new rebrand!

**What do you dislike about Wave?**

Honestly nothing I love that its free! Definitely think its worth a try!

**Recommendations to others considering Wave:**

Definitely check it out you can start an account for free and test it out with your business. They even offer payroll options.

**What problems is Wave solving and how is that benefiting you?**

Getting my finances in order especially when I use multiple accounts its easy to tag and write notes inside of Wave for each transaction!

  ### 22. Great Accounting Software  

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.)

**Reviewed Date:** September 21, 2019

**What do you like best about Wave?**

I like the fact that the software is free. 

**What do you dislike about Wave?**

There are minimal reporting options available.

**Recommendations to others considering Wave:**

Wave’s support does not provide much accounting advice as much as they do software assistance. Be prepared to not get accounting questions answered. 

**What problems is Wave solving and how is that benefiting you?**

I am able to manage my clients books through Wave, helping to keep their finance records in order. 

  ### 23. I can save customer profiles and they can save their payment info for auto billing.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Jennifer H. | Customer Relations, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 07, 2018

**What do you like best about Wave?**

I love that I am able to save customers profiles and their billing information for easier future services. It is the little things like that help speed up processing time for customers. Every little bit helps.  I like that it shows the invoices that are overdue separately making it easier to keep track of. 

**What do you dislike about Wave?**

There is nothing I dislike about Wave. I love using it. Very user friendly. 

**What problems is Wave solving and how is that benefiting you?**

I love that it keeps track of overdue payments. I also love that it keeps track of when the last time an invoice was sent and the last time a reminder was sent as well. That is another thing I love. I like that you are able to  easily send reminders to customers for over payments. Keeping track of receipts is easier thanks to wave. 

  ### 24. Great for small business

**Rating:** 4.0/5.0 stars

**Reviewed by:** Corey D. | Owner, Small-Business (50 or fewer emp.)

**Reviewed Date:** September 25, 2018

**What do you like best about Wave?**

I really like that I can set up recurring invoices for my monthly clients, and that the invoices ship out on the correct day ensuring that I get paid in a timely manner. I also enjoy the monthly expenditure tracking that is included in this web app.

**What do you dislike about Wave?**

Sometimes the history for a specific client is difficult to target, especially when someone wants to see their yearly expenses with me.

**Recommendations to others considering Wave:**

This is a great accounting application (AND it works with the Station app!!) for small business. It is very flexible until you link a bank account that is not your primary account for business income and expenses. I would definitely only link it to your business account, and not one that is used for other purposes. I had to reset mine this year because it got a little confused between my personal and business accounts. I'm certain it was operator error, and I did not utilize their help feature before that. Aside from that, Wave has been working flawlessly, and I do recommend it for small business.

**What problems is Wave solving and how is that benefiting you?**

I primarily use Wave for all of my small contracts for design work, and all of my larger monthly retainers.  Giving my clients an option to view their invoices and make payments online is a serious bonus. Also, keeping track of expenses vs. income is an important part of running a small business. Wave has not let me down yet!

  ### 25. Great Basic Accounting Software!

**Rating:** 4.5/5.0 stars

**Reviewed by:** Verified User in Farming | Small-Business (50 or fewer emp.)

**Reviewed Date:** June 11, 2019

**What do you like best about Wave?**

It's free!  Or there is a free version, at least!  True double entry bookkeeping, a great alternative to much pricier QBO for small operations.

**What do you dislike about Wave?**

It's pretty bare bones as far as features go, but it gets the job done.

**Recommendations to others considering Wave:**

Try this before spending money on QBO!

**What problems is Wave solving and how is that benefiting you?**

Bookkeeping and reporting needs are easily met for small organizations with Wave.

  ### 26. Best small business accounting apps for free

**Rating:** 5.0/5.0 stars

**Reviewed by:** Casey H. | Graduate Admissions Representative, Small-Business (50 or fewer emp.)

**Reviewed Date:** February 21, 2019

**What do you like best about Wave?**

Wave has been great for my small business. I can record all expenses, send professional invoices and collect credit payments. Reports are easy to run and useful. This has been the best free option for my needs. 

**What do you dislike about Wave?**

I don't dislike anything about this software.

**Recommendations to others considering Wave:**

Easy to set up and great for small businesses

**What problems is Wave solving and how is that benefiting you?**

Handling all the accounting functions I need. 

  ### 27. Wave is an amazing service for businesses on a budget

**Rating:** 5.0/5.0 stars

**Reviewed by:** Josh L. | Small-Business (50 or fewer emp.)

**Reviewed Date:** August 01, 2018

**What do you like best about Wave?**

A lot of product for the cost (free for everything except processing transactions), the ability to access wave from anywhere rather than a local program is extremely convenient, beautiful and customizable invoice templates, payroll is super simple to set up and use, email reminders for invoices and estimates are easy to set up and use, Wave support was fast with little to no wait time, managing customers data is far less confusing than doing it yourself or adding them to your personal contacts, payment page for customers is easy to understand with only the basic info shown, personal payment page for each customer and invoice makes it easy and professional to send payment link to customers

**What do you dislike about Wave?**

Sometimes managing your books the UI can become unintuitive and unresponsive, the inability to add or mark a transaction as personal or business can become extremely frustrating, more options to customize your invoices would be nice (specific object colours, layouts etc.)

**Recommendations to others considering Wave:**

Remember that the product is free and how much money you are saving on a monthly basis. 

**What problems is Wave solving and how is that benefiting you?**

Creating and sending ending invoices now takes 1/4 of the time with Wave compared to using Excel, Tax time will go much faster as all of our transactions are automatically organized, 

  ### 28. Everything I need for my small business accounting- and more!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Kelly M. | Associate Professional Counselor, Mental Health Care, Small-Business (50 or fewer emp.)

**Reviewed Date:** July 31, 2018

**What do you like best about Wave?**

Wave is a comprehensive accounting app that is easy to use, has great features, and is most importantly- completely free! It is all online, so it allows me to access my account anywhere from any device, which is very helpful when I am travelling or when I forget to bring my laptop to work. I have previously used QuickBooks Small Business, and Wave is completely comparable in my opinion- except for the monthly subscription fee! It allows me to run multiple kinds of reports, integrate with my bank and credit card accounts, and reconcile all expenses and income seamlessly. 

**What do you dislike about Wave?**

The only downside is that Wave doesn't have a comprehensive mobile app available, at least for Android. Wave does have supplementary apps, like an app that allows you to upload and categorize receipts, which then integrate into the main Wave interface. However, it would be great if there was an app that allowed for more on-the-go accounting.

**Recommendations to others considering Wave:**

Do it! I have no complaints!

**What problems is Wave solving and how is that benefiting you?**

I am able to easily reconcile my business accounts any time, anywhere. I can also quickly run reports to help with my financial planning. My accountant also loves Wave and has no preference between it and Quickbooks for everything that she needs to use it for!

  ### 29. Free and easy to use.

**Rating:** 4.5/5.0 stars

**Reviewed by:** Andrea M. | Director/Founder, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 29, 2018

**What do you like best about Wave?**

I like that it is free yet still customizable.  I have not found another program that allows me to customize the categorization options.  I also like that I am now able to connect my bank account.

**What do you dislike about Wave?**

Before I could connect my bank account it was pretty tedious.  There have also been some improvements in the amount of time it took to transition between entries.  It used to take several seconds to save a new entry and move on to the next.

**What problems is Wave solving and how is that benefiting you?**

Use it to categorize and track expenses.  

  ### 30. Best (Free) hosted software for invoicing and account 

**Rating:** 4.0/5.0 stars

**Reviewed by:** Sandeep K. | Business Analyst, Information Technology and Services, Small-Business (50 or fewer emp.)

**Reviewed Date:** July 25, 2017

**What do you like best about Wave?**

Simple invoicing for small businesses and its hosted so it seeks the ease of small businesses for developing a invoice software and hosting that. its quite simple and easy to use for a normal employee with sort-cut popups.

**What do you dislike about Wave?**

Employee payroll is not available in indian currency. Also most of the things can not be deleted, like configured taxes ( It may be because of dependency ) as tax configurations been used for existing invoices.

**Recommendations to others considering Wave:**

If need is accounting software you can go with wave it gives good customization options for startups.

**What problems is Wave solving and how is that benefiting you?**

I remember wave got started as a invoicing software and we have started just for invoicing and now its a accounting software. We are now using for invoicing and tracking records of payments. It solved a problem of developing a software and managing all taking care by wave.

  ### 31. Awesome for small businesses - and free!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Katherine M. | Small-Business (50 or fewer emp.)

**Reviewed Date:** September 28, 2018

**What do you like best about Wave?**

I love the simplicity and ease of use. The online platform is easy to navigate, and provides all the features that small business owners need such as client contact management, invoicing, payments, and more. You can connect to your email (to import contacts) and to your bank account as well (for automatic reconciliation and identifying type of purchase). Best of all - it's free!

**What do you dislike about Wave?**

Wave previously did not have a feature that was conducive to typing purchase orders. However, just within the past week alone Wave issued multiple updates and upgraded from their original platform. They now allow for a PO number to be entered on an invoice, however I don't believe this program is as intuitive if you needed to type POs as a large part of your business. I also am currently not sure what accountants think about this program (my accountant recommended Quickbooks) and how they will be able to navigate and pull the information needed for filing taxes. I also dislike how sometimes payments are recorded twice (by marking a payment on an invoice, and by having a bank deposit) - you have to manually go through and delete your bank deposit which can be cumbersome and confusing.

**Recommendations to others considering Wave:**

Try it! You really don't have anything to lose and may prove to be exactly what a small business owner needs without having to pay big dollars for fancy book keeping software.

**What problems is Wave solving and how is that benefiting you?**

I am much more organized and able to easily track status of payments and invoices out to customers. I can even set automatic recurring reminders and receipts - which saves so much time! Clients can pay outside of the software, but there also are options to pay via credit card (2.9% fee - which is better than Square's rate I believe), or bank transfer (1% fee). I realized that this software is perfect for small businesses and SO awesome that it's free. I'm going to continue utilizing this program until (and if) my business ever outgrows it.

  ### 32. Great for the Cash Strapped Start Up

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.)

**Reviewed Date:** November 13, 2018

**What do you like best about Wave?**

The interface is very intuitive. It's easy for a new entrepreneur to keep their books and process payments while sticking to a budget. It's free to begin, with no monthly expenses beyond just my credit card processing fees.

**What do you dislike about Wave?**

I wish I was able to tweak the overdue invoice follow-up emails a little more. The graphics in each email are unchangeable as far as I can tell. It would also be nice if less emphasis was placed on clients to make their payment via credit card, but it makes sense that it's the only way Wave makes money.

**What problems is Wave solving and how is that benefiting you?**

I'm able to keep accurate books as a sole proprietor. I'm also able to show a professional face to clients with their easy invoicing feature and credit card processing.

  ### 33. Invoicing super, CRM helpful, card payments possible, expenses developing 

**Rating:** 5.0/5.0 stars

**Reviewed by:** Greg A. | Mr, Small-Business (50 or fewer emp.)

**Reviewed Date:** December 18, 2018

**What do you like best about Wave?**

It’s great how quickly and easily you can generate an invoice for the customer. While they wait in fact!

**What do you dislike about Wave?**

You have to email the invoice. The ability to IM them would be good too. Receipts app needs a manual deepened addition facility added. 

**Recommendations to others considering Wave:**

Use for invoicing but not expenses just yet. They need to make it easy to add online purchases.

**What problems is Wave solving and how is that benefiting you?**

Invoicing at an improved speed, faster payments received. 

  ### 34. Wave is a basic, free accounting solution

**Rating:** 2.5/5.0 stars

**Reviewed by:** Remington K. | Executive Director, Food Production, Small-Business (50 or fewer emp.)

**Reviewed Date:** February 16, 2019

**What do you like best about Wave?**

It is completely free to use, and cloud based. 

**What do you dislike about Wave?**

It offers little in the way of reporting. 

**Recommendations to others considering Wave:**

Not for someone looking for extensive reporting or accounting. 

**What problems is Wave solving and how is that benefiting you?**

We needed a quick, free accounting solution. Wave fit the bill. 

  ### 35. Recent upgrades add to a great product

**Rating:** 4.0/5.0 stars

**Reviewed by:** Paul K. | Project Specialist, Religious Institutions, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 30, 2019

**What do you like best about Wave?**

The interface is really great. Easy to understand and nice flexibility.

**What do you dislike about Wave?**

Initial confusion about checking verses cash on hand cause a lot of extra work to clean up. And reconciling invoice payments with bank statements is a big challenging at time.


**What problems is Wave solving and how is that benefiting you?**

Allows me to easily invoice others and keep track of my finances.


  ### 36. Great invoicing and payment collection tool

**Rating:** 5.0/5.0 stars

**Reviewed by:** Kate B. | Kate, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 19, 2019

**What do you like best about Wave?**

Branded invoices, customer management tool, reporting is great. 

**What do you dislike about Wave?**

Extra costs for extra features like payment collection and processing - but I understand they have to do this.

**Recommendations to others considering Wave:**

I highly recommend implementing this tool if you're a small business or freelancer/consultant.

**What problems is Wave solving and how is that benefiting you?**

The need for web-based invoicing tool and professional branded invoices.

  ### 37. Great software and free!

**Rating:** 4.5/5.0 stars

**Reviewed by:** Alyse S. | Owner, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 10, 2019

**What do you like best about Wave?**

The fact that I can do my bookkeeping all online for no extra cost.

**What do you dislike about Wave?**

Wish there were more integrations without having to use Zapier, but they are adding more all the time. Just waiting for Shopify integration.

**What problems is Wave solving and how is that benefiting you?**

Bookkeeping and accounting. In the future, I will be using their payroll software too.

  ### 38. Love Wave!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 01, 2019

**What do you like best about Wave?**

Wave is very comparable to QuickBooks buts it's free! Very easy to use and a great resource. 

**What do you dislike about Wave?**

The fee that is taken when a credit card is used. However, this is normal with most softwares. 

**What problems is Wave solving and how is that benefiting you?**

This helps with estimates, invoicing, and keeping track of money. 

  ### 39. literally free, great for small businesses

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Management Consulting | Small-Business (50 or fewer emp.)

**Reviewed Date:** January 02, 2019

**What do you like best about Wave?**

This software is free, which is so great for small or new businesses who are looking to stay lean and don't want to shell out $$$ for basic accounting & billing software each month.

**What do you dislike about Wave?**

Obviously a little financial background would help, as with any accounting software.

**Recommendations to others considering Wave:**

It's FREE - try it! And the company is headed in the right direction, seems to value ethics, etc.

**What problems is Wave solving and how is that benefiting you?**

With Wave, I do invoicing, track income, etc. It has totally streamlined my invoicing process.

  ### 40. I like it 

**Rating:** 5.0/5.0 stars

**Reviewed by:** Brittani W. | Small-Business (50 or fewer emp.)

**Reviewed Date:** September 18, 2018

**What do you like best about Wave?**

This is a FREE bookkepping tool.  I use this and quick books depending on my clients needs and I like the ease of it. Customer Service is also good. 

**What do you dislike about Wave?**

It was not very user friendly in the beginning it did take some time to get use to it. Once you figure it out, its pretty good. 

**Recommendations to others considering Wave:**

Be Patient, watch a few tutorials  if you need to. Once you learn it, its easy to use. 

**What problems is Wave solving and how is that benefiting you?**

It saves money this is a good tool to use especially if you are just getting started in your business. 

  ### 41. Just started, but it looks good!

**Rating:** 4.0/5.0 stars

**Reviewed by:** Michael C. | Teacher, E-Learning, Small-Business (50 or fewer emp.)

**Reviewed Date:** July 22, 2018

**What do you like best about Wave?**

What I like about Wave most is that it is free and you can *actually* use the free version. If I end up sticking with it now, I'll definitely support Wave in the future. But it is so nice to see a free product that is actually usable and not so bogged down with constant pop-up advertisements to upgrade to the paid version. 

Also, the design is simple and functional. The first time I looked at Quickbooks I was totally overwhelmed, but Wave almost looks like any other financial platform I use. 

**What do you dislike about Wave?**

I think it would be nice if there were more resources on how to set up a bookkeeping system. If you're not yet paying a bookkeeper it is probably because you're just starting your first business, which means you don't know much yet. Just a walk through of basic principles and how they're realized in Wave would be nice. 

**What problems is Wave solving and how is that benefiting you?**

Before wave I was using a pretty complicated system of Excel sheets; Wave simplifies and unifies everything. 

  ### 42. Professional and useful, but ultimately didn't impress enough to continue use

**Rating:** 3.0/5.0 stars

**Reviewed by:** Sierra H. | Founder and Birth Doula, Hospital & Health Care, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 16, 2019

**What do you like best about Wave?**

The invoices I was able to produce and send with Wave were beautiful and professional. The ability to send reminders and save products was particularly useful for me.

**What do you dislike about Wave?**

Although I enjoyed using Wave, I ultimately switched to another app that could do more things for the same price.

**What problems is Wave solving and how is that benefiting you?**

Wave was incredibly helpful for invoicing clients in a professional, visually-appealing manner.

  ### 43. Wave's free version is appropriate for light accounting for small businesses...

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Executive Office | Small-Business (50 or fewer emp.)

**Reviewed Date:** October 18, 2018

**What do you like best about Wave?**

I like that it is free, and that for a small cost they will provide electronic payments.  It is a real value add for my customers, and it easily inputs the payment info into the register for me.  For a small business without a ton of transactions, Wave works great for me.

**What do you dislike about Wave?**

I hate the way you reconcile an account.  I wish it provided a more traditional way of reconciling, and a reconciliation report for audit purposes.  

**Recommendations to others considering Wave:**

I would definitely recommend their payments function.  It is cheaper than some of the alternative merchant services companies.  Wave is a great free product for small businesses, and low cost for those that want electronic payments.

**What problems is Wave solving and how is that benefiting you?**

I am solving the problem of a reasonably priced accounting system that allows for electronic payments from customers.  It lets me get my payments faster without bounced checks!

  ### 44. I love Wave

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Environmental Services | Small-Business (50 or fewer emp.)

**Reviewed Date:** December 08, 2018

**What do you like best about Wave?**

Wave has changed our company for the better! We now have the ability to send estimates, track invoices, and have clients pay on line! It is a wonderful product and system! 

**What do you dislike about Wave?**

The only thing I do not like is that we have to correct the invoice numbers. There should be a way to have the system match your format. 

**What problems is Wave solving and how is that benefiting you?**

Capturing and saving client data, easy to find previous estimates and confirm payments.  

  ### 45. The most cost effective method of financial responsibility

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Entertainment | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 02, 2019

**What do you like best about Wave?**

It makes tracking my business income a breeze. Super easy to use, so easy anyone can do it!

**What do you dislike about Wave?**

Sometimes it's a bit slow to load certain pages, and it doesn't have a feature to export all ledger transactions for a set timeframe. Aside from that, it's great!

**What problems is Wave solving and how is that benefiting you?**

Financial tracking and responsibility

  ### 46. Great for SMBs

**Rating:** 5.0/5.0 stars

**Reviewed by:** Peter S. | Owner / Principal Consultant, Computer Software, Small-Business (50 or fewer emp.)

**Reviewed Date:** August 29, 2018

**What do you like best about Wave?**

It provides a ledger with invoicing and collections.   The reports are great for at a glance progress, detailed reviews and end of year tax preparations.  Invoices can be 1-offs or recurring at any interval desired.  The dashboard gives a great i page summary of the business.

**What do you dislike about Wave?**

Synchronization with accounts is automatic, but reconciling deposits form invoice payments processed through Wave can be a bit of work since multiple invoices can be transferred in a single deposit.

**Recommendations to others considering Wave:**

It is free, so test it for yourself.

**What problems is Wave solving and how is that benefiting you?**

This is a great accounting solution at nearly no cost.   They do charge fees for credit cards (2.9%+.30)and bank transfers(1%), but they are standard costs.  There are no other fees. 

  ### 47. Wave Apps is a godsend!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Internet | Small-Business (50 or fewer emp.)

**Reviewed Date:** November 27, 2018

**What do you like best about Wave?**

It's free! It automatically syncs from accounts like PayPal. Easyto  use. At the end of the year I just print out reports and hand them to my accountant.

**What do you dislike about Wave?**

I love it! There's really nothing to dislike. I have no issues whatsoever with this product. I only wish I found it sooner.

**Recommendations to others considering Wave:**

It's a great product. It's free to use and very intuitive.

**What problems is Wave solving and how is that benefiting you?**

Accounting. Keeping track of multiple businesses.

  ### 48. Great system for any company!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Brittani H. | Client Services, Broadcast Media, Small-Business (50 or fewer emp.)

**Reviewed Date:** June 11, 2018

**What do you like best about Wave?**

Wave is so easy to use and best of all it is free to use. I can track my invoices, payments, payroll etc. Invoices can be customized to your liking and you can get paid with a debit card or bank account with a low processing fee. The best thing that ever happens to my company. 

**What do you dislike about Wave?**

It takes some time to customize your account to fit your needs and there is a lot of verification when it comes to payroll. But it is all worth it in the end. 

**Recommendations to others considering Wave:**

I recommend Wave to anyone who handles all finances on your own. It is easy to use and takes minutes to get paid. 

**What problems is Wave solving and how is that benefiting you?**

The problems I am solving with Wave is my payment processor. Before using Wave I sent invoices manually and the entire process was a long one for my clients. Now that I am using Wave I close more deals and my clients are happy. 

  ### 49. Wave Apps is the most important service I use for my business

**Rating:** 5.0/5.0 stars

**Reviewed by:** Katie T. | Small-Business (50 or fewer emp.)

**Reviewed Date:** March 22, 2018

**What do you like best about Wave?**

My favorite thing about Wave is that you can see at a glance how your business is doing, and compare it to last year. I've tried other accounting software and they don't come close to the information Wave gives you. 

**What do you dislike about Wave?**

I can't think of anything I don't like about Wave. It checks all the boxes I need to run my business AND it has features I don't need yet but will as my business grows.

**Recommendations to others considering Wave:**

There is literally no downside to trying Wave, it's 100% free to use all the features, no trial, no tiered packages. Their paid version is exactly the same, except you get priority support. You can also pay for a Payroll service for $24/month, which I think is more than fair. Wave has transformed my business and I look even more professional because of their billing options. I can set my clients up with any type of billing schedule they like just like a larger company could and it's all automated!

**What problems is Wave solving and how is that benefiting you?**

The major problem I'm solving is having my books organized for FREE. Not only is it accounting software, the invoicing is amazing. I no longer need an invoicing software and an accounting software.

  ### 50. Great basic accounting software

**Rating:** 2.5/5.0 stars

**Reviewed by:** Aimee Dumont V. | Office Manager, Small-Business (50 or fewer emp.)

**Reviewed Date:** January 15, 2019

**What do you like best about Wave?**

It is very user-friendly, very minimal set up time.

**What do you dislike about Wave?**

Their ACH payment system is problematic.

**What problems is Wave solving and how is that benefiting you?**

I am able to send estimates and invoices easily as well as track my daily operations, all in one place.


## Wave Discussions
  - [How does Wave Software make money?](https://www.g2.com/discussions/how-does-wave-software-make-money) - 1 comment
  - [Is Wave Accounting really free?](https://www.g2.com/discussions/is-wave-accounting-really-free) - 3 comments
  - [Is wave a good accounting software?](https://www.g2.com/discussions/is-wave-a-good-accounting-software) - 2 comments
  - [What is Wave Software?](https://www.g2.com/discussions/what-is-wave-software) - 2 comments

- [View Wave pricing details and edition comparison](https://www.g2.com/products/wave/reviews?page=4&qs=pros-and-cons&section=pricing&secure%5Bexpires_at%5D=2026-07-09+18%3A19%3A14+-0500&secure%5Bsession_id%5D=81e12c04-31f9-4125-bfa8-65346f755b5a&secure%5Btoken%5D=6f9719c95231e36ea2efef783dbedd57be45d9948ec06b28d85ae93e031e2e29&format=llm_user)
## Wave Integrations
  - [Microsoft Excel](https://www.g2.com/products/microsoft-excel/reviews)
  - [WPS Spreadsheets](https://www.g2.com/products/wps-spreadsheets/reviews)
  - [Zapier](https://www.g2.com/products/zapier/reviews)

## Wave Features
**General Ledger**
- Journal Entries
- Tags / Dimensions
- Audit Trail

**Bill Generation**
- Templates
- Digital Billing
- Recurring Billing

**Agentic AI - Accounting & Finance**
- Autonomous Task Execution

**Accounts Receivable**
- Invoice Customization
- AR Automation
- Collections Automation

**Bill Processing**
- Consolidation
- Batch Invoicing
- Management

**Accounts Payable**
- AP Automation
- Payment Processing
- Purchase Orders

**Integration**
- Accounting
- Payments
- ERP

**Agentic AI - Billing**
- Autonomous Task Execution

**Other Functionality**
- Inventory Tracking / Ordering
- Inventory Pricing and Costing
- Inventory Reporting
- Multi-Entity / Consolidation
- Recognition Rules
- Reconciliations
- Payroll
- Time and Expense

**Reporting & Analytics**
- Financial Statements
- Custom Reporting
- Budgeting / Forecasting
- Dashboards

**Platform**
- Customization
- Workflow Capability
- User, Role, and Access Management
- Internationalization
- Performance and Reliability
- Output Document Generation

**Integration**
- Data Import and Export Tools
- Integration APIs
- Breadth of Partner Applications

**Cash Flow**
- Track Cash Flow
- Income and Expenses
- File Exports

**Budgeting & Forecasting**
- Budgeting / Forecasting
- Data Import
- Versioning
- Historical Data

**Revenue**
- Revenue Types
- Revenue Allocation
- Scheduling

**Payroll**
- Direct Deposit
- Check/W-2 Printing
- Tax Calculation
- Reporting and Dashboards

**AI**
- Data Extraction
- Invoice Processing
- Expense Management
- Fraud Detection
- Tax Compliance
- Support Chatbots
- Bank Reconciliations
- Report Generation
- Customizable Alerts
- Predictive Analytics

**Mobile Applications - Accounting**
- Cloud Integration
- Notifications
- UI
- Offline
- Expense Tracking
- Invoice Management

**Agentic AI - Accounting**
- Autonomous Task Execution

## Top Wave Alternatives
  - [Xero](https://www.g2.com/products/xero/reviews) - 4.4/5.0 (1,650 reviews)
  - [FreshBooks](https://www.g2.com/products/freshbooks/reviews) - 4.5/5.0 (957 reviews)
  - [Zoho Books](https://www.g2.com/products/zoho-books/reviews) - 4.4/5.0 (320 reviews)