Waves accounting Review - why 3.1 stars?

Shlomi Lavi / updated: Jun 17, 2022

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What is Waves accounting?

Wave’s Accounting is an accounting solution for small business that can help users to manage their invoices, accounts payable and other similar things while they focus on other important things. The solution supports connecting to your bank account and uses 256-bit encryption to keep your data secure.

Wave was founded back in 2010 with a view to provide accounting solution for small business and has served customers from over 200 countries so far.

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Who is it best for?

Wave’s Accounting is suitable for startups and small businesses that are looking for a web-based accounting solution with unlimited invoicing and expense tracking options. Entrepreneurs, consultants, freelancers or small businesses with up to 9 employees can try this solution.

Main features and functionalities

Wave’s Accounting comes with unlimited invoicing, billing, investment tracking, multi-currency support, seamless integration with payroll, automatic data backup, customizable reports, free online support, customizable invoices, multiple business support, customizable charts, journal entries, credit card payment processing and personal finance tracking features. All your files are safely stored on their servers with protocols that are certified by Thawte and TrustE. Moreover, the solution is web-based so users don’t have to worry about compatibility as it’s supported by most of the popular software out there.

What is the actual cost?

ITQlick pricing score is 5 out of 10 (10 is most expensive). Access ITQlick pricing guide for Waves accounting. You can also find here pricing information from Waves accounting's website.

Pros

• Wave’s Accounting is web-based and doesn’t require downloading or installing any software
• Wave’s Accounting offers mobile dedicated app for receipts and payroll management
• The customer support of this accounting solution offers live chat and phone support

Cons

• Wave’s Accounting offers mobile dedicated app only for managing receipts
• Wave’s Accounting doesn’t offer any on-premise or installable version for users
• The customer support offers live chat and live phone support only at an additional cost

How it stacks up?

Access a head to head analysis of Waves accounting vs alternative software solutions.

Frequently Asked Questions (FAQs)