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Wave Accounting Reviews By Experts & Users


Discover how your top competitor’s audience surfs the web so you can tailor your website experience perfectly at every stage of the customer journey.’s traffic has increased by 3.1% month-on-month. In addition, paid search traffic has dropped by -65.3%. Wave’s free accounting software can be a great option if you run a small business or don’t need more advanced features that alternatives might offer. For businesses focused on expansion, however, Wave is extremely limited.

Also, be prepared that the software is a tad slow even when no other programs are opened. Wave is one of the best accounting software options out there, especially for freelancers and small businesses. The biggest advantage Wave has over its competitors is that it offers basic features for free, which other platforms charge for. The only services you pay for are payroll and credit card payments. Wave is a company that provides a suite of financial services and online software for small businesses. It offers a cloud-based integrated suite of small business tools including accounting, invoices, payments, and payroll.

  • With Wave, you receive a lot of features that are not always included with paid accounting software plans.
  • Wave is a free and user-friendly online accounting program.
  • For most U.S. states and Canada, Wave charges $20 per month for its payroll service plus $4 per month for each employee or independent contractor.
  • Analysis of the top publishers sending traffic to
  • They are chronically spamming us for “accounting” assistance, payroll assistance etc.
  • No phone support; live chat support only available for paid services .

Just as with invoices, you can add items from your “services and products” list or create a new item. When you’re done, click the “save” button and you’ll go back to the “bills” page. Creating bills is much simpler than creating invoices, as you don’t have to send them to your vendors.

About The Business

You can then transfer them to other accounts you have connected to Wave, merge them together or even delete them. This episode is brought to us by Wave Financial at Once added to your toolbar, this button will let you to check the status of a site from your browser’s toolbar. We have tried pinging Waveapps website using our server and the website returned the above results. If is down for us too there is nothing you can do except waiting. Probably the server is overloaded, down or unreachable because of a network problem, outage or a website maintenance is in progress…


Product reviews help the rest of us make great decisions. I would never use this service again, as when you would hope they would have your back, they didn’t, nor did they seem to care to fight the banks on your behalf.

How Do I Know I Can Trust These Reviews About Wave Accounting?

On the top of the “invoices” page, you can find a box that shows you an overview, including how much money is overdue or how much is due within the next 30 days. In addition when I first opened wave, the dashboard look simple and it was easy for me to follow. Icon”The customer service is useless. They say the transaction issue is due to their third party and that they have no control over this.” Claim your listing for free to respond to reviews, update your profile and manage your listing. Wave Accounting has a consumer rating of 2.88 stars from 8 reviews indicating that most customers are generally dissatisfied with their purchases. Wave Accounting ranks 8th among Billing Software sites.

  • You can also talk to other business owners about tips or questions you may have through the Community forum on Wave’s website.
  • Creating bills is much simpler than creating invoices, as you don’t have to send them to your vendors.
  • These are the website technologies, by industry, used on
  • Pulling out customer statements and sending to your clients gives you points in terms of professionalism.
  • This horrible accounting system has taken simple cash basis billing, payments and receivables and turned it into a nightmare of counting sales over six times!

It would have been better if they at least contacted me before cancelling the credit card transaction. I would have has a chance to stop the shipment or arrange alternative payment method before shipping. This site is an absolute mess and I do not recommend it for anyone.

How Does Wave Accounting Work?

In addition to its help center, Wave also has a community forum where you can ask questions to fellow users. Before you contact Wave’s support team, it’s a good idea to check the community for similar issues if you want to get to your solution faster.


Pulling out customer statements and sending to your clients gives you points in terms of professionalism. I also appreciate that when Wave stopped operating in South Africa they recommended Zoho and gave us a year of free use of Zoho. Even though I did not like changing, this was a very thoughtful move by wave. Power up your marketing and get people to pay attention to your business, pursuit, or clients. Find prospects, develop your lists, and track your marketing campaigns without even having to leave the RocketReach suite.

April 2022 Traffic Stats

Out of 5icon”Accounting by Wave is super easy to navigate and use. It helps with bookkeeping and makes my job a little easier.” Ask to get answers from the Wave Accounting staff and other customers. We show reviews chronologically, and you can filter by star rating, language, location, or keyword.

Accounting by Wave integrates with expense tracking software Shoeboxed, and e-commerce website Etsy. Choose country or industry to find out who currently leads the market. Xero online accounting software for your business connects you to your bank, accountant, bookkeeper, and other business apps. QuickBooks Online offers four different plans to choose from and is well-known for its robust reporting, record-keeping and inventory management features. When you create a new bill, you can pick a vendor from your list or add a new one.

The company’s initial product, Accounting by Wave, is a double entry accounting tool. Services include direct bank data imports, invoicing and expense tracking, customizable chart of accounts, and journal transactions.


Exportable accounting reports and financial statements. Free accounting software has no contract and no hidden charges. You can access Wave’s support center from the “help” button on the bottom of your navigation bar. Click on “support” and a box will appear, letting you search for your issue in Wave’s help center. As the name indicates, the “invoices” page shows all of your invoices and their statuses. You can also filter and display your invoices by status, date, number or customers, which helps you find invoices quicker.

Wave offers its payroll service — which includes annual tax forms and employee direct deposit — for users based in the U.S. and Canada. For most U.S. states and Canada, Wave charges $20 per month for its payroll service plus $4 per month for each employee or independent contractor. You can also set up a bank feed to Wave by connecting your bank account or credit card. Wave retrieves your bank statements through your online bank account so your transactions are automatically updated. Report ranks top products based on user reviews, which helps businesses find the right software. This guide will teach you how to set prices, send professional invoices, accept payments, and protect yourself from unpaid invoices and payment scams.


In December 2012 the company rebranded itself as Wave to emphasize its broadened spectrum of services. You can, however, download and install our mobile invoicing app for iOS and Android. This guide covers the ins and outs of cash flow to help waveapps/cp, you build a financial plan to keep capital circulating through your business. Laws concerning the use of this software vary from country to country. We do not encourage or condone the use of this program if it is in violation of these laws.

Only send you to “articles” to read when you DO get the opportunity to speak to someone live. If you are disappointed in the paid-for service, they do not issue a refund. If you are new to accounting, I highly recommend that you purchase their one-time coaching session, I did and my accounting coach was really helpful in setting up my properties and accounts. I’ve used QuickBooks Online previously and I cannot say enough about how much better Wave Accounting is. Not long had a Wave account and I unfortunately had 3 fraudulent transactions appear which is being looked into. A new card sent out which I can’t activate due to technical issues. I’ve never had such issues or wasted so much time looking over my account with any other Credit Card company.

Then when I deposit the money in the bank from the job, it records it again which essentially makes it seem like I made $1,000 instead of $500. We usually just go in and delete the deposit transaction and keep the invoice deposit. Most Wave invoices paid by credit card and bank payment get paid in 2 days or less. You can also watch a pre-recorded webinar on YouTube in which the basics of this accounting solution are explained.

On another note, Wave’s report templates are very user-friendly. Every report template in Wave is optimized to look clean and to be easy to understand, even for people who are not used to seeing these reports. When you open Wave’s “reports” page from the navigation bar, you’ll find the 12 report templates divided into five sections. Each section and template has a brief explanation about what it is and what it can do for your business.

My advice to anyone thinking of using Wave accounting is DON’T. If you ever need support you’ll likely be very disappointed and regret ever having dealt with Wave. 302 Website is a company that provides financial services and software for small businesses. Wave is headquartered in the Leslieville neighborhood in Toronto, Canada. Wave Accounting is a Toronto-based financial services and accounting software company. However, that doesn’t mean there are no features you have to pay for.

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Quickly understand where a website’s traffic comes from and what devices visitors prefer to use. On, desktops drive 81.5% of visits, while 18.5% of visitors come from mobile devices. According to Similarweb data of monthly visits,’s top competitor in April 2022 is with 4.2M visits.

If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. BlockedIt’s highly probable this software program is malicious or contains unwanted bundled software. WarningThis software program is potentially malicious or may contain unwanted bundled software.

Wave Accounting Review

I have tried multiple times to get help with a payroll issue only to have the chat suddenly disconnect with a bogus message “looks like you have left the chat”. There is zero phone support and no possibility to speak to a real human being. This totally inadequate support now has us actively seeking an alternative accounting and payroll solution. Wave is cheap but you get what you pay for in this case.

Wave will process the uploaded receipts to extract information. Then you can review these receipts, and the ones that are approved are kept as expenses. After approving a draft, you can send an invoice to a customer by clicking on the “send invoice” button. Wave will send the email through your connected email address.

You can quickly access everything from the navigation bar on the left side of your window. The one thing the navigation bar lacks is a quick-add button, which you can only find on the dashboard.

What I least like about Wave is that a few years ago they stopped support for free accounts. Sometimes also a bank connection will be interrupted and you cannot reconnect for many many months and since there is no support, you are left without any help. I am a small business of one person and I do not need any of the paid features that Wave offers so I could be upgraded to paid support, so I am always stuck in no human support land. It doesn’t feel good, especially to someone who has used this software for as long as I have. Long story short the customer received over $1000 worth of product and I have not been paid. I have asked someone from Wave to call me and emailed several times but so far no response. All i got was a link to their 20 plus pages of terms and conditions.

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