About Wave
Wave is a set of money tools for small businesses, covering bookkeeping, invoicing, online payments and payroll. It suits owners who want their books in one place without a heavy accounting setup.
What it does
Wave tracks income and expenses, shows cash flow and produces reports that help with planning and tax time. You can create invoices and estimates, let customers pay by card or bank transfer, and see who has paid. Payroll and contractor payments are handled in the same account, so the money side of the business stays in one system.
Key features
- Income and expense tracking
- Professional invoices and estimates
- Online payments by card or bank transfer
- Payroll for employees and contractors
- Reports for planning and tax time
Who it's for
Wave suits freelancers, sole traders and small companies that handle their own bookkeeping. It is also useful for owners who want to bring in accountants or advisors only when they need help.
Pricing and good to know
The core accounting and invoicing tools are free to use. Bookkeeping help and coaching from Wave's advisors are paid extras, and payment processing and payroll may carry separate charges, so check the current terms. Wave runs in a web browser and as mobile apps, which makes it easy to check figures on the go. Like any accounting tool, it works best when transactions are recorded regularly.
Highlights
- Track income and expenses in one place
- Create invoices and estimates
- Accept card and bank transfer payments
- Run payroll for employees and contractors
- Reports for planning and tax time
