‎Wave: Small Business Software on the App Store

Full details on how Wave support works are available here. You work hard to make your business a success—that’s why Wave uses both physical and digital protection to keep your money safe. Connect to your bank with read-only and 256-bit encryption. Wave is also PCI Level-1 certified, which is often necessary with third-party merchant service providers. Since you’re self-employed you don’t have the resources of a large company to make sure you’re paid properly and your books are balanced. Wave accounting software is the solution you need to take charge of your business and keep your hard-earned money safe.

See pending and completed payments from project-based and quarterly clients in one dashboard to identify revenue ebbs and flows and plan accordingly. They get the flexibility of paying you via credit card, bank payment, and Apple Pay; you get a reputation as a polished professional. We built our Payroll tool for small business owners, so it’s easy to use AND teaches you as you go. Our money management tools are easy to use separately and more powerful together. Our money management tools are easyto use separately and more powerfultogether. NerdWallet independently reviews accounting software products before determining our 2019 k1 expands tax reporting and provides insight into irs focus top picks.

Can I share Wave Accounting with accountants?

You’ll also experience peace of mind knowing your personal financial information is backed-up and secure. Similar to other reputable cloud-based accounting software products, Wave encrypts the data you share with it and monitors its server facilities 24/7. Wave Accounting can be a great option if you run a very small service-based business or don’t need more advanced features that alternatives might offer.

Connecting your accounts

Make it easier for your customers to pay you right from their bank account. Powerful, easy-to-use accounting software that has everything you need to confidently run your business. Explore more details on the competition in our full roundup finance and accounting outsourcing of the best accounting software for small businesses. Also, Wave Accounting only offers self-serve customer support.

1. In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s.
2. They can receive “editor permissions” and access accounting and reports as well as purchases easily.
3. In addition to its accounting software, Wave offers paid services, including Wave Payments, Wave Payroll and Wave Advisors for bookkeeping support and accounting coaching.
4. It’s always available, and it’s backed up for extra peace of mind.

Get your accountant in on the action

After providing a few basic details about your business — name, type, currency you use, address — you’ll have instant access to your account. Includes tools that help automate the reconciliation process and auto-categorizes transactions for you in the Pro plan, but you can’t set up your own bank rules; no global search function. Our partners cannot pay us to guarantee favorable reviews of their products or services. Connect your bank accounts in seconds with the Pro Plan. Transactions will appear in your bookkeeping automatically, and you’ll say goodbye to manual receipt entry. Today’s leading accounting platforms offer standard security features, such as data encryption, secure credential tokenization and more.

While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. You can invite your accountants, bookkeepers or other business partners to Wave via email and designate their user roles. They can receive “editor permissions” and access accounting and reports as well as purchases easily.

With this release, we’re waving bye to bugs and hello to stability improvements. Thanks for using Wave to help you stay more in control of your business while on-the-go. Support for non-paying users is limited to the chatbot and self-service Help Center.

Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money management tools. Wave Accounting’s Starter plan is free and its Pro plan, which includes more features, is $16 per month. Regardless of which you choose, you will have to pay processing fees to accept invoice payments online. Wave also offers paid products for payroll, coaching and mobile receipt scanning. Our invoicing, online payments, accounting and bank connection features give you a unified view of your income and bookkeeping vs accounting expenses – no need to log in to multiple apps or tools. If you’re a startup, micro-business or sole proprietor who doesn’t want to invest in accounting software but needs to keep track of your finances, Wave Accounting is a great option.