Wave Accounting is a free, cloud-based accounting software designed for small businesses, freelancers, and entrepreneurs. It offers tools for invoicing, expense tracking, and financial reporting. Users connect their bank accounts to automate transaction imports, categorize expenses, and generate accurate financial statements, all from an intuitive online dashboard.

Yes, Wave Accounting's core functionalities—including invoicing, expense tracking, and financial reporting—are completely free to use. However, Wave offers optional paid services, such as payroll processing, tax filing, and payment processing, which require a subscription or transaction fee.

Yes, Wave allows users to create and automate recurring invoices. You can set up your client's payment schedules, include due dates, and add payment reminders. This ensures seamless billing for businesses offering subscription-based products or services.

Wave integrates with popular payment gateways that allow your customers to pay via credit cards or ACH bank transfers. Payment processing incurs a small transaction fee, but this functionality encourages faster payments and improves cash flow for your business.

Wave Accounting uses bank-grade security measures, including 256-bit SSL encryption, to ensure your financial data remains safe. Additionally, delicate data like passwords are encrypted, and your information is never shared with third parties without your consent.

Yes, Wave allows users to connect their bank accounts and credit cards to the software. This feature automates transaction imports, eliminates manual entry, and categorizes expenses, ensuring accurate and up-to-date financial tracking.

Yes, Wave allows users to connect their bank accounts and credit cards to the software. This feature automates transaction imports, eliminates manual entry, and categorizes expenses, ensuring accurate and up-to-date financial tracking.

Yes, Wave offers payroll services as a paid add-on. This feature supports payroll tax filings, employee direct deposit, and full compliance with local and federal payroll regulations. Payroll functionality is available in U.S. and Canada regions.

Yes, Wave offers a mobile app called Wave Receipts. This feature lets you snap photos of receipts, categorize expenses, and store them digitally. Wave's OCR (optical character recognition) technology extracts data from receipts to streamline expense reporting.