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Last updated: Apr 14, 2018
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Has free version
Wave Accounting is a free application that startup and small companies would find helpful for their day-to-day finances or accounting processes. It comes with varying features that make work faster and easier e
Compare PricingThe rating of Wave Accounting is 4 stars. The rating is based on ITQlick experts review
Wave Accounting is ideal for small to medium businesses with 9 or less employees. Big companies may still choose to use it though its features may not be enough for their specific needs. This can be used by businesses or entrepreneurs from various industries including retail, manufacturing, services, healthcare, finances and more. Different companies use this software including Tustin Incorporations.
Wave Accounting is an easy to use accounting solution that startup and small businesses can take advantage of, especially those that have limited budget. Since this tool comes for free, it would be a big savings in their pockets. Users do not need extensive accounting knowledge as needed procedures can be done automatically or with just a few clicks.
Transactions are more convenient as you don’t have to enter them manually. You can connect your different sources including PayPal, credit card and bank accounts to your Wave Accounting application. Professional reports can also be created quickly such as sales tax reports, as well as balance sheets. You can also use it with other Wave applications like Payroll and Invoicing for added features and convenience. Even if it is free, you can use it as long as you want without any limits.
Wave Accounting is not the only accounting solution in the market. Its competitors include Xero, Sage 50 Quantum Accounting, Mint, QuickBooks Premier 2013, NetSuite OneWorld and Zoho Books. Most applications come with a cost including Xero. Wave Accounting is one of the great tools that come for free.
Bills can be automatically paid, while payments can be automatically collected with Wave Accounting. Sage 50 Quantum Accounting on the other hand, lacks online bill pay accounts. Wave Accounting also supports multi-currency, unlike Mint that only supports dollars.
QuickBooks Premier 2013 users experience slowness, which is not a problem with Wave Accounting. The latter is also easy to use compared to NetSuite ERP that may take time to learn.
Wave Accounting is free. You don’t need to spend anything to start using it.
25 questions to ask the vendor on Wave Accounting demo
| Company: | Wave Accounting |
|---|---|
| Address: | Toronto, ON, Canada |
| Website: | Wave Accounting |
| Customers: | Start up, Small business |
| Business Area: | Finance management |
| Platforms: | Desktop, Mobile, Cloud |
| Operating Systems: |
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