What users are saying about
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14 Ratings
146 Ratings

Square Invoices

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14 Ratings
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Score 9.3 out of 100
146 Ratings
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Score 6.6 out of 100

Likelihood to Recommend

Square Invoices

Square Invoices is the best service that I have found for what it does: it's easy to use, nice to look at, and never seems to go to spam or be lost by clients. Clients mention that the setup is easier than services my competitors use. You can even attach your contract to the invoice, which is wonderful in case there are questions later on. Unfortunately, not being able to have clients alter quantities or select add-ons means for half of my services, I have to use a different, inferior service.
Anonymous | TrustRadius Reviewer

Wave Accounting

Wave Accounting was used for a small practice without a lot of the accounting considerations a large company would have. For the price, you really can't beat what Wave offers out of the box. All of the basic tools for things like invoicing and expenses are all easy to use. End of year accounting is easy with exports of data.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Square Invoices
Wave Accounting
7.0
Pay calculation
Square Invoices
Wave Accounting
7.5
Benefit plan administration
Square Invoices
Wave Accounting
7.5
Direct deposit files
Square Invoices
Wave Accounting
4.9
Salary revision and increment management
Square Invoices
Wave Accounting
7.7
Reimbursement management
Square Invoices
Wave Accounting
7.4

Customization

Square Invoices
Wave Accounting
8.0
API for custom integration
Square Invoices
Wave Accounting
9.1
Plug-ins
Square Invoices
Wave Accounting
7.0

Security

Square Invoices
Wave Accounting
7.7
Single sign-on capability
Square Invoices
Wave Accounting
8.4
Role-based user permissions
Square Invoices
Wave Accounting
7.1

Reporting & Analytics

Square Invoices
Wave Accounting
6.8
Dashboards
Square Invoices
Wave Accounting
5.9
Standard reports
Square Invoices
Wave Accounting
5.8
Custom reports
Square Invoices
Wave Accounting
8.7

General Ledger and Configurable Accounting

Square Invoices
Wave Accounting
5.6
Accounts payable
Square Invoices
Wave Accounting
5.7
Accounts receivable
Square Invoices
Wave Accounting
5.8
Cash management
Square Invoices
Wave Accounting
5.6
Bank reconciliation
Square Invoices
Wave Accounting
4.6
Expense management
Square Invoices
Wave Accounting
6.6
Time tracking
Square Invoices
Wave Accounting
3.8
Fixed asset management
Square Invoices
Wave Accounting
1.7
Multi-currency support
Square Invoices
Wave Accounting
6.9
Multi-division support
Square Invoices
Wave Accounting
7.1
Regulations compliance
Square Invoices
Wave Accounting
6.8
Electronic tax filing
Square Invoices
Wave Accounting
5.9
Self-service portal
Square Invoices
Wave Accounting
3.8
Global Financial Support
Square Invoices
Wave Accounting
9.0
Primary and Secondary Ledgers
Square Invoices
Wave Accounting
9.0
Intercompany Accounting
Square Invoices
Wave Accounting
8.0
Localizations
Square Invoices
Wave Accounting
5.2
Journals and Reconciliations
Square Invoices
Wave Accounting
5.4
Enterprise Accounting
Square Invoices
Wave Accounting
4.7
Configurable Accounting
Square Invoices
Wave Accounting
5.7
Centralized Rules Framework
Square Invoices
Wave Accounting
1.2
Standardized Processes
Square Invoices
Wave Accounting
4.7

Inventory Management

Square Invoices
Wave Accounting
8.1
Inventory tracking
Square Invoices
Wave Accounting
5.6
Automatic reordering
Square Invoices
Wave Accounting
9.9
Location management
Square Invoices
Wave Accounting
8.1
Manufacturing module
Square Invoices
Wave Accounting
9.0

Order Management

Square Invoices
Wave Accounting
7.1
Pricing
Square Invoices
Wave Accounting
8.3
Order entry
Square Invoices
Wave Accounting
7.2
Credit card processing
Square Invoices
Wave Accounting
5.3
Cost of goods sold
Square Invoices
Wave Accounting
7.9
Order Orchestration
Square Invoices
Wave Accounting
5.8
End-to-end order visibility
Square Invoices
Wave Accounting
8.2
Order exception Resolution
Square Invoices
Wave Accounting
7.1

Pros

Square Invoices

  • Adding a customer to invoice is super simple and takes minimal effort.
  • Payment collection is easy and seamless because Square Invoices allows the recipient to pay using credit/cards.
  • One of the fest features is allowing invoices to be recurring. If my contract stipulates a flat fee monthly, I can set the invoices to recur monthly for the duration of the contract.
Fredrick Doss, M.A. | TrustRadius Reviewer

Wave Accounting

  • Reconciliation is very difficult with multiple Wave transactions that need to be deleted or merged before it can be matched to a bank transaction.
  • Payroll worked fine for us but took several days to get it set up. We have switched to another bookkeeping system and another payroll system. Canceling with Wave took several days and they charge $6 for something even though the month was paid for in advance.
  • Credit card processing is nice and worked fine for us.
Harry Abell | TrustRadius Reviewer

Cons

Square Invoices

  • The reports section is not always the easiest to understand. It seems like I have to stop and think about options instead of it being 100% intuitive.
  • With the fees we pay per transaction, it would be nice to be able to add additional "limited" users for no extra cost.
Kristin Cole | TrustRadius Reviewer

Wave Accounting

  • I know that credit card processing is a way for Wave to make money, but I really wish they offered ACH payment on Invoices.
  • I do cash-based accounting, which means I have to make little journal entries at the start and end of each year to get my books to balance because Wave wants to do everything differently. This should just be a setting to flip, whether you want cash-based or accrual-based.
  • They use Yodlee for bank connection, which doesn't play nice with 2FA. Pretty much every time I log in I have to re-enter credentials, get a code sent to me, reauthenticate, and know that I'm going to have to do it again next week. Not really on Wave, but wish they could get it together nonetheless.
J.P. VanderLinden | TrustRadius Reviewer

Likelihood to Renew

Square Invoices

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris | TrustRadius Reviewer

Usability

Square Invoices

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 5.6
Based on 11 answers
I am a professional bookkeeper and I have no problems using Wave and all of it's features. I can see that certain individuals who have no accounting knowledge might struggle with a few different features and entries, but that is why Wave has an emphasis in connecting users to Wave Pro's who will walk them through things
Melissa Whaley | TrustRadius Reviewer

Reliability and Availability

Square Invoices

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen | TrustRadius Reviewer

Performance

Square Invoices

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 2.9
Based on 2 answers
Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
Melissa Whaley | TrustRadius Reviewer

Support Rating

Square Invoices

Square Invoices 8.9
Based on 3 answers
The only time I had a problem was a false chargeback from a client. Square Invoices referenced our contract and ruled in my favor, and they did so in a timely manner. I sent them the contract and my email history with the client, and they quickly unfroze the amount of money.
Anonymous | TrustRadius Reviewer

Wave Accounting

Wave Accounting 4.9
Based on 9 answers
I've only had to reach out to support once and they were quick to respond and offered valuable insight to resolve my issue quickly. The team is knowledgeable and if the person you're dealing with doesn't have an answer for you, they get back to you quickly with an answer. It was clear that the support team is genuinely concerned about users making the most of the software.
Anonymous | TrustRadius Reviewer

Online Training

Square Invoices

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen | TrustRadius Reviewer

Alternatives Considered

Square Invoices

Square Invoices is easier to use and automatically transfers your money to your bank account vs Paypal that holds your money and you have to manually transfer and it takes 3-5 days (many times more). Square Invoices looks better overall, and for the same fees as Paypal, provides a better service overall.
Jen Garfinkel-Canseco | TrustRadius Reviewer

Wave Accounting

Wave is FREE for most functions. Payment processing costs no matter where you go (as does payroll or taxes). Wave rises above tools like QuickBooks Online because they know that for our small firm, being nimble is the name of the game. We don't need exhaustive reporting and management like QB offers and we certainly don't want to pay for it
Anonymous | TrustRadius Reviewer

Scalability

Square Invoices

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin | TrustRadius Reviewer

Return on Investment

Square Invoices

  • I love that I can sort my invoices in total, or by a specific time period to see how my sales are doing and comparing to prior time periods.
Jana Long | TrustRadius Reviewer

Wave Accounting

  • Wave has been ROI positive for our company. With not having to pay for the service we can use our money for growing our business.
  • The fees on credit card transactions for invoices are reasonable especially as we don't pay a monthly subscription.
  • The invoicing feature has made our lives easier for us and our customers. The invoicing piece and AR tracking has been ROI positive as well.
Lukas Sundahl, MBA | TrustRadius Reviewer

Pricing Details

Square Invoices

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Wave Accounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Square Invoices
9.2
Wave Accounting
5.1

Likelihood to Renew

Square Invoices
Wave Accounting
7.8

Usability

Square Invoices
Wave Accounting
5.6

Reliability and Availability

Square Invoices
Wave Accounting
6.7

Performance

Square Invoices
Wave Accounting
2.9

Support Rating

Square Invoices
8.9
Wave Accounting
4.9

Online Training

Square Invoices
Wave Accounting
4.7

Scalability

Square Invoices
Wave Accounting
3.0

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