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Wave Accounting opicon

By : Wave Financial

4.2 ( 10 reviews )
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Wave Accounting Reviews & Ratings

Check out Wave Accounting reviews by verified users. Discover what businesses are saying about Wave Accounting on Techjockey.


87%

Have recommended this product

Overall Score

4.2/5
Based on 10 Reviews

We love to hear from our buyers!

If you have used the solution already, why not share your thoughts and help others make the right purchase.

Wave Accounting Pros and Cons

Pros

pros_icon “Wave has fulfilled our needs for an affordable solution for our two subsidiaries. It makes billing and invoices easy.” Nandini Lal - Jul 4, 2024

pros_icon “Setting up Wave was straightforward and initially easy to understand.” Babita - Jul 4, 2024

pros_icon “Wave simplifies recurring billing and saves customer information for easy invoicing. It also allows to adjust the pricing for particular product and services.” Varsha Sharma - Jul 4, 2024

Cons

cons_icon “It only allows to view reports and can’t download reports or combine them. Planning for cash flow is difficult.” Nandini Lal - Jul 4, 2024

cons_icon “It’s entirely online, so you require internet access to manage everything.” Varsha Sharma - Jul 4, 2024

cons_icon “Recurring billing can be annoying. It doesn’t use a sequence for contract names, so I have to manually change names and send invoices.” Surjya Nandi - Jul 2, 2024

Wave Accounting User Reviews ( 10 )

SN

Surjya Nandi

Verified reviewer:linkedin_verify

Accountant, Accounting

Individual

Software user since: 6-12 months

Reviewed on: Jul 2, 2024

4.5/5

“Awesome Free Accounting Software for Small Businesses”

Wave offers fantastic flexibility and affordability for small business accounting. It’s easy to use, and I only pay for specific payment features.

Pros :

Cons :

Reason to switch : I love it because it works so well for me. No reason to look elsewhere.

Features

4.5/5

Value for Money

5/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10
KS

Khan Sikander

Verified reviewer:linkedin_verify

User, Accounting

Individual

Software user since: 2+ years

Reviewed on: Jul 3, 2024

4.5/5

“Perfect and Free Software, Right Fit for Small Businesses”

Wave is a great free option for small service-based businesses needing basic accounting and invoicing tools.

Pros :

Cons :

Reason to switch : Wave’s free cost and lack of need for inventory tracking made it the perfect choice.

Features

4.5/5

Value for Money

5/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

8/10
RK

Ramesh Kumar

Verified reviewer:linkedin_verify

User, Accounting

Individual

Software user since: 6-12 months

Reviewed on: Jun 13, 2024

4.3/5

“Accounting Without a Cost”

Wave is an excellent free accounting tool that’s easy to use and perfect for small businesses. It handles all basic functions and can be accessed from anywhere.

Pros :

Cons :

Reason to switch : Wave’s pricing and cloud-based storage were appealing. The easy setup was completed in a day.

Features

4/5

Value for Money

4.5/5

Customer Support

4.5/5

Ease of Use

4.5/5

Likely to Recommend

9/10
JS

Janvi Suman

Verified reviewer:linkedin_verify

User, Accounting

Individual

Software user since: 1-2 years

Reviewed on: Jun 18, 2024

4.2/5

“Wave: Best for Small Business Finances”

Wave is the most affordable and complete solution for small business finances. Invoicing, tracking expenses, and managing taxes are all easy with Wave. I’m looking forward to their upcoming banking features.

Pros :

Cons :

Switched from : QuickBooks

Reason to switch : QuickBooks was too expensive and complicated. Wave is a lifesaver!

Features

4.5/5

Value for Money

4/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10
NL

nandini lal

Verified reviewer:linkedin_verify

Accountant, Accounting

Individual

Software user since: < 6 months

Reviewed on: Jul 4, 2024

4.2/5

“Allows to create and send invoices easily”

Wave is cost-effective for invoicing and payments, ideal for small businesses with multiple subsidiaries.

Pros :

Cons :

Switched from : Easy Accountax GST

Reason to switch : Wave allows for draft invoice reviews, scheduled invoices, credit card payments, and overdue invoice tracking. Bank and credit card account reconciliation is a great feature.

Features

4/5

Value for Money

4.5/5

Customer Support

4/5

Ease of Use

4.5/5

Likely to Recommend

9/10
N

Nandini

Verified reviewer:linkedin_verify

Accountant, Accounting

2-100 Employees

Reviewed on: Jul 3, 2024

4.1/5

“Wave Accounting: For Small Business”

Wave is great for personal finance tracking and basic business accounting. It’s free and easy to use, though it has limited features and frequent updates.

Pros :

Cons :

Reason to switch : I chose Wave due to the price. For personal finance tracking, I didn’t want to pay Xero’s high monthly subscription.

Features

4.5/5

Value for Money

4/5

Customer Support

3.5/5

Ease of Use

4.5/5

Likely to Recommend

8/10
AV

Ashish Vijayvargiya

Verified reviewer:linkedin_verify

Accountant, Accounting

Software user since: 1-2 years

Reviewed on: Jun 14, 2024

4.1/5

“Provides Fast, Efficient Invoicing”

Wave simplifies invoicing for independent contractors and small businesses, though some features may be more suited for larger businesses.

Pros :

Cons :

Switched from : Freshbooks

Reason to switch : I needed a quick and easy accounting software.

Features

4.5/5

Value for Money

3.5/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10
FA

FAIZ ALAM

Verified reviewer:linkedin_verify

, Accounting

Individual

Software user since: 2+ years

Reviewed on: Jun 29, 2024

4/5

“I Just Love Wave for its accounting capabilities”

Wave simplifies managing finances with an easy setup, report generation, and financial tracking. It’s affordable and user-friendly.

Pros :

Cons :

Switched from : QuickBooks

Reason to switch : I chose Wave because a family member recommended it, and it was so easy to set up and get started. I recommend Wave to anyone looking for a budget-friendly way to manage their business finances.

Features

4.5/5

Value for Money

4/5

Customer Support

3.5/5

Ease of Use

4/5

Likely to Recommend

9/10
B

Babita

Verified reviewer:linkedin_verify

Accountant, Accounting

Individual

Software user since: 1-2 years

Reviewed on: Jul 4, 2024

4/5

“Lack of Customer Support”

Wave is easy to set up but falls short for full-time employee payroll needs. Customer support is lacking and unhelpful.

Pros :

Cons :

Reason to switch : Price and perceived ease of use. Now that the price has gone up to match competitors but without improved features, switching was a mistake.

Features

4/5

Value for Money

4.5/5

Customer Support

4/5

Ease of Use

3.5/5

Likely to Recommend

9/10
VS

Varsha Sharma

Verified reviewer:linkedin_verify

User, Accounting

Individual

Software user since: 2+ years

Reviewed on: Jul 4, 2024

3.8/5

“Reliable, Perfect Fit for Businesses Looking for a Budget Friendly Solution”

Wave is excellent for managing invoices and recurring billing for small businesses. It’s easy to use and saves customer information for future billing.

Pros :

Cons :

Switched from : Excel2Tally

Reason to switch : I needed a better way to manage recurring invoices and track customer information. Wave provided an easy and affordable solution.

Features

3.5/5

Value for Money

3.5/5

Customer Support

4/5

Ease of Use

4.5/5

Likely to Recommend

8/10

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