Our money management tools are easyto use separately and more powerfultogether. If you want to leverage the company’s resources to prepare and file your income taxes, you can upload your accounting records directly and connect with a Block Advisor. Monitor your cash flow, stay organized, and stop sweating tax season. Say #sorrynotsorry to your spreadsheets and shoeboxes. Wave might try to categorize some transactions automatically, but it didn’t guess many of mine correctly.
If you pay for any add-on like receipt scanning ($8 per month) or payroll ($20 per month), you get live person chat and email support. Otherwise, you are stuck with online help and an automated chat bot. You can effectively analyze the financial health of your business, find ways to generate more profit, and move forward with your business plan.
Invoice on-the-go and get paid faster
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. Deposits are sent to the debit card linked to your account in up to 30 minutes.
Organized and stress-free small business accounting
- Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.
- There are tables of invoices payable to you and bills you owe, as well as tables and charts that show you your income, expenses, and net income.
- Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you.
- Servers are housed under physical and electronic protection.
- Your customers can pay the invoices you send them instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.
- Transactions will appear in your bookkeeping automatically, and you’ll say goodbye to manual receipt entry.
Make it easier for your customers to pay you right from their bank account. It worked trade and nontrade receivables current or non current fairly well in testing, though the app detects receipts and snaps photos so quickly sometimes that you don’t get much of a chance to ensure proper framing. Wave picked up the amount, date, description, and type but missed the categorization.
Standard Accounting Practices
Wave’s accounting software is built for small business owners. Be your own accountant, thanks to Wave’s automated features, low cost, and simple interface. When everything is neatly where it belongs, tax time is simple. Wave’s smart dashboard organizes your income, expenses, payments, and invoices. Have an eye on the big picture so you can make better business decisions.
It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point. 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.”
You can mark invoices paid on the spot, so your records are instantly up to date. Accept payments through credit cards and bank payments to get paid even faster, for a low, pay-per-use fee. Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information.