Overall Satisfaction with Accounting by Wave
We and our clients use Wave to record all accounting transactions and produce useful reports such as the income statement and sales tax report. It makes bookkeeping so much easier and quicker to get right, especially when bank transactions are fed directly into Wave, or uploaded from an online banking file. Bulk categorisation and the bank reconciliation also speeds up the process. The end result is cheaper accountant fees for my clients and better business decisions.
- Bank feeds
- Bank reconciliation
- Bulk categorisation
- UK payroll
- Sales tax for special UK schemes such as the Flat Rate Scheme and Cash Accounting
- Recurring and copying bills
- Faster bookkeeping
- Better accounting records
- Cheaper accountants fees
- Xero,QuickBooks Online,Kashflow,SageOne
I'd say Wave is more user friendly and has more functionality than Sage One. It has less functionality than Kashflow and QuickBooks, but it's easier to use. Xero is probably better all round, but that's the most expensive. Wave was originally selected by us, and still used by us and our clients because it's free and works great for our needs.