Wave Invoicing Review: Features, Pros & Cons

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With seamless automation, real-time tracking, and Sage Ai-powered insights, Sage software helps businesses reduce errors, enhance compliance, and improve cash flow efficiency. When you reconcile your books, you’ll navigate to the “Reconciliation” tab within the Accounting menu. If you need to manually edit, add or remove any transactions, you can do so on the Reconciliation or Transactions pages. Next, you can add sales tax (if necessary), create customer profiles and customize your invoice templates.

  • Quickly build project estimates and professional invoices that reflect your business.
  • You can invite your accountants, bookkeepers or other business partners to Wave via email and designate their user roles.
  • Digital invoicing improves end-to-end visibility across the invoicing process, reducing disputes, enhancing communication, and strengthening relationships with customers and suppliers.
  • Learn how to prepare a nonprofit statement of functional expenses with our guide on key categories, preparation steps, and common mistakes to avoid.
  • Wave’s support options include a Help Center, with resources that can be browsed by categories including Accounting, Invoices & Estimates, and Payments, among many more.
  • On the other hand, many businesses adopt digital invoicing, which refers to electronically generated invoices that may be sent as PDFs via email.
  • However, like most products with free plans, Wave has its limitations, especially compared to more scalable small-business accounting software.

Our tools work together,so you work less.

Fast, beautiful invoicing for small business owners is here. If you’re interested in our payroll software, you can start a free 30-day trial when you sign up for Wave. One click on the “Review & Pay” button in your invoice email. A few taps of the keyboard to enter their payment details. The customer support team is available to users through email and live chat, but not by phone.

Help & Support

Payments are a pay-per-use feature; no monthly fees here! Your deposit times may vary based on your financial institution. All payments are subject to a risk review and periodic credit risk assessments are done on business owners because we need to cover our butts (and yours). In some wave app invoicing cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s.

Don’t just take our word for it. Wave has helped over 2 million small business owners take control of their finances.

While other software solutions have a premium plan that provides advanced features for growing businesses, Wave does not provide more advanced accounting plan options outside of its one free plan. Wave’s business reports are on par with some of the top invoicing solutions companies for small businesses. Users can create reports to show month-to-month or year-to-year comparisons to easily identify cash flow trends.

Invoicing software that makes you look good

Wave also offers a free app to help you manage your invoices on the go. With Wave Invoicing, you’ll be able to track, edit, send and pay invoices from any mobile device. In addition, Wave allows you to manage multiple businesses on one free account and uses double-entry accounting, which is ideal for accountants and tax time. Instant Payout is an additional service offered by Wave subject to user and payment eligibility criteria. A 1% fee is applied to the amount you withdraw from your available balance, in addition to regular processing fees.

  • Be your own bookkeeper, thanks to Wave’s automated features, low cost, and simple interface.
  • Since you don’t have to pay anything to get started, it’s certainly worth trying out.
  • Once connected, you’ll be able to use the app for sending and duplicating receipts as well as mobile invoicing, which lets you create, customize, and send invoices straight from their mobile device.
  • To create an invoice with our free invoice generator, follow these instructions and you’ll quickly have a professional invoice to send to your customers.
  • In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s.
  • If you want to take control of your invoicing, enhance electronic invoice processing, and ensure faster payments, Sage invoicing software provides the tools you need to simplify your billing process.

You can also receive unlimited income and expense tracking data, instant updates for invoicing, payroll and payments data and profit/loss reports. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments. Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. You can accept credit cards and bank payments for as little as 1%2 per transaction. While Wave is free to use, it doesn’t offer multiple plans to increase its functionality. It lacks some of the useful features you may find in other accounting software, such as project management, time tracking and inventory management.

Add credit card payments to get paid faster and stop chasing customers with auto-reminders

Every invoice paid means more revenue coming into your small business. Create and send professional invoices to your customers in seconds. Have an eye on the big picture so you can make better business decisions.

Sign up for Wave and send your first invoice right away—it only takes a few minutes! With the Pro Plan you can also set up recurring payments, auto-reminders, and deposit requests to make sure you always get paid on time. We provide different levels of support, depending on the plan and/or the add-on features you choose.