Once you’ve created an invoice with our invoice generator, you’ll be able to download a PDF copy of the invoice or get the PDF emailed to you directly. Unlike a majority of its competitors, Wave does not have a comprehensive mobile app. While it does offer a free iOS and Android app, the app is limited in the number of features and functions. With the Pro Plan, automatically import, merge, and categorize your bank transactions. It’s always available, and it’s backed up for extra peace of mind. This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

App support

• Easily create, customize, and send professional invoices while on-the-go.
• The financial management software is user-friendly and equipped with all the basics, including income and expense tracking, invoicing and reporting.
• Wave Accounting’s Starter plan is free and its Pro plan, which includes more features, is $16 per month.
• This fee can vary depending on the type of card the customer uses.
• Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of.

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. Charge for a one-time compliance audit or ongoing site maintenance; you can schedule recurring invoices or send them manually whenever you need to. Want to look more polished, save more time, and conquer cash flow? https://www.instagram.com/bookstime_inc Save time and take even more work off your hands by trying our free automated invoicing and powerful accounting.

Decide which of your invoices will allow online payments

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. Get your money faster when you offer customers the ability to pay directly from your invoices, starting at 2.9% + 60¢ per card https://www.bookstime.com/articles/freelance-accountant transaction. Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of.

Drawbacks of Wave Accounting

Learn more about how we rate small-business accounting software. Wave was designed specifically for small business owners like you – no CPA required. With our intuitive dashboard, you’ll be a money management pro in no time. Quickly build project estimates and professional invoices that reflect your business.

Wave Accounting – great for micro businesses

Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage. Digital invoicing empowers your small business by automating invoice processing and saving time by tracking key invoice data like upcoming and outstanding invoices. You can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date. Your customers can pay the invoices you send them instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.

Automate overdue reminders and credit card payments to reduce friction and focus on the work. Wave does not charge a subscription or any hidden fees. While users never pay startup or monthly fees, Wave does charge a credit card processing fee of 2.9% plus 30 cents per transaction for most cards. This is a typical credit card processing fee that you’ll find on any platform. While the invoicing platform is not easy to integrate with popular third-party payroll apps like Gusto or OnPay, Wave does have its own payroll software.

Bank payments(ACH/EFT)

For information on credit card rates, visit Pricing for details. 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. Every invoice paid means more revenue coming into your small business.

Does Wave use double-entry accounting?

Customize your invoices by choosing from a variety of templates. Then add your logo and company colors to make it look wave invoicing login professional and personalized. Between the app and the payment process—I can’t tell you the hours it’s saved, and even the headaches that have gone away because of it.

• Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you.
• Next, you can add sales tax (if necessary), create customer profiles and customize your invoice templates.
• In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s.
• Moreover, you can integrate QuickBooks with hundreds of third-party tools available in the app marketplace.
• Wave Invoicing is ideal for freelancers, entrepreneurs or small businesses.
• The quick summary allows you to stay in control of your business finances, including a task list of outstanding items.

General Ledger and Configurable Accounting

In addition, Wave’s mobile app lets you send invoices and track payments on the go. The app offers a receipt scanning feature as well, but you have to pay a subscription fee to access it. There’s a fee involved with accepting online invoice payments, too. Customers can pay via credit card, bank payment or Apple Pay. Wave makes money through our optional, paid money management features include online payment processing, payroll software, and access to personalized bookkeeping services and coaching through Wave Advisors.