Make it easier for your customers to pay you through a Wave invoice, right from their bank accounts. Wave’s online payments feature lets you accept bank payments, quickly and easily. Approval is subject to eligibility criteria, including identity verification and credit review. 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).
It’s one of the only truly free options on the market and can allow you to manage your accounting processes in one convenient place. Visit your dashboard or use your invoicing or accounting features, and click the peach “Upgrade now” button. Learn more about changing subscription periods and plan types, and how to cancel your Pro subscription in our Help Centre. These ratings are meant to provide clarity in the decision-making process, but what’s best for your business will depend on its size, growth trajectory and which features you need most.
- Wave’s online payments feature lets you accept bank payments, quickly and easily.
- Regardless of which you choose, you will have to pay processing fees to accept invoice payments online.
- Connect your bank accounts in seconds with the Pro Plan.
- Running a business is different from every other job on the planet.
- They get the flexibility of paying you via credit card, bank payment, and Apple Pay; you get a reputation as a polished professional.
- It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point.
Create customizable invoices from templates with easy drag-and-drop editing. Ready to invoice in style, bookkeep less, and get paid fast? “It’s not just a cool piece of software, it is giving peace of mind to people.” You deserve to know your taxes aren’t something you have to sweat over the entire calendar year.” It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point.
Make tax time a breeze
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.
This can help you save time and make financial decisions quickly. Wave allows you to search transactions, design accounting reports and reconcile data across other Wave products. Plus, you can calculate sales tax automatically, customize payment terms and enjoy access to easy-to-understand cash flow insights. It also features a well-laid-out, clutter-free dashboard with individual tabs for sales, purchases, accounting, banking, payroll and reports.
We believe everyone should be able to make financial decisions with confidence. Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of. See sent, viewed, paid and overdue invoices in one place so you know which clients are on the right track or need a nudge.
Simple accounting software for self-employed pros
Use the guide to build your confidence and learn how to manage your bookkeeping so that you can stay in control of your business. It will also prepare you to work more successfully with an accounting professional. Save time when you send automatic payment reminders https://accountingcoaching.online/ in your Wave account. Whenever a payment is due, your customers will get an email reminder. Although accounting and invoicing are separated into two different product sections on the Wave website (shown similarly below), they don’t require separate accounts.
Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay. Yes, switching from other accounting apps or products to Wave is easy! See our step-by-step guide on how to import bookkeeping data into Wave here. Your complete invoicing and billing process is now on your phone. Create, customize, and send invoices from anywhere.
Where Wave falls behind, however, is its customer support. There’s no live support unless you pay for it so you’ll have to dig for the answers to your questions in the help center or cross your fingers that the automated chatbot will help you out. Easily create, customize, and send professional invoices while on-the-go. QuickBooks Online’s detailed reporting and transaction tracking is ideal for growing businesses. Moreover, you can integrate QuickBooks with hundreds of third-party tools available in the app marketplace. There are also add-on Intuit services like QuickBooks Payroll or QuickBooks Time.
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. 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. Have an eye on the big picture so you can make better decisions. Our accounting reports are easy to use and show monthly or yearly comparisons, so you can easily identify cash flow trends.
Automate overdue reminders and credit card payments to reduce friction and focus on the work. Allow your customers to pay your invoices immediately via credit card, secure bank payment (ACH/EFT), or Apple Pay. With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. We provide different levels of support, depending on the plan and/or the add-on features you choose. Our servers are protected physically and electronically. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption.
Discover our PRO Plan
Once you’re approved, you can turn payments on or off for any invoice, or pick default settings for all invoices. See invoice summaries, tap into business reports, receive payment notifications and more using our highly-rated, free mobile app, available on iOS and Android. See pending and completed what is the operating cycle payments from project-based and quarterly clients in one dashboard to identify revenue ebbs and flows and plan accordingly. Quickly build project estimates and professional invoices that reflect your business. Upload your logo, add customer info, share notes, and set net payment terms with ease.
Wave Invoicing
Track customer views and invoice payments in the Wave dashboard so you always know where you stand with sellers, property managers, buyers and renters. Also, Wave Accounting only offers self-serve customer support. If you have a question or issue, you can browse the help center or reach out to Mave, the automated chatbot. If you do want live support, you’ll need to invest in an Advisor or paid service. At Wave, we’re big proponents of empowered accounting. We created Fearless Accounting with Wave as a free reference guide to help you understand and tackle your accounting.
Invoice status
Xero lets you add unlimited users in all plan tiers and, similar to QuickBooks Online, can grow alongside your business. FreshBooks is an affordable option for freelancers and small service-based businesses that operate mostly on the go. Only integrates with in-house apps, like Wave Payments and Wave Payroll; does not integrate with card readers for in-person payments. If you’re interested in our payroll software, you can start a free 30-day trial when you sign up for Wave.
The guide has everything you need to be successful and build confidence. You’ll come back to it again and again as part of your success toolkit as your business changes and grows over time. Download a copy of Fearless Accounting with Wave to get started. Support for non-paying users is limited to the chatbot and self-service Help Center. Automate the most tedious parts of bookkeeping and get more time for what you love.