Pricing varies depending on your business type and you can choose to file taxes yourself or have a Wave tax advisor assist with filing. Wave’s reporting feature is not as customizable as QuickBooks Online or Xero. There are no filters, and you can’t change the columns of your reports. # Use invoice headers to upsell your follow on services.

The Wave Launchpad is a nice starting point for new users. Just choose one of the options — Professional Invoicing, Better Bookkeeping, or Reliable Payroll — and Wave will guide you through the entire setup and creation process. The Add a Product or Service option is where you would enter any products or services. If you’re a freelancer wondering why an accounting software hasn’t been created just for you, you can stop looking now. Many or all of the products here are from our partners that pay us a commission. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation.

Alternatives for Wave Accounting

Wave is a freemium accounting tool designed for freelancers and small businesses. With features like invoicing, accounting reports, payroll, and bookkeeping services, Wave is a great option for service-based businesses with wave accounting standard accounting needs. As mentioned in the beginning of this Wave review, Wave’s actual accounting software is free to use. Their pricing and fees model applies to services, including payroll and credit card processing.

• To do this, select the dashed line in the drop-down menu.
• Wave was founded in 2009 by James Lochrie and Kirk Simpson.
• On the whole, GetApp users were also pleased with the features but several reviews complained that the app is slow, and freezes or crashes frequently.
• Ook below to learn how to integrate your Shoeboxed account to have your receipts appear automatically in Wave Accounting.

It also competes with Xero and QuickBooks, though it’s less nuanced than those tools. Wave also built a COVID-19 help section into their software, which allows businesses to see tax relief options for their business.

Contact support

Businesses can customize invoices to their preference with company logos. Along with invoicing capabilities, Wave offers estimates, recurring invoices, customer statements, and your list of products and services. Wave was founded in 2009 by James Lochrie and Kirk Simpson.

Overall, Zarmoney has outstanding reviews, affordable pricing, and an interactive user-friendly dashboard. It’s an economical and rewarding choice for small businesses. Zipbooks make it easier than ever to create invoices and track them online. This software has a more user-friendly interface and a cleaner structure, and it works on any device.