Accounting by Wave - Easy to Use, Reliable, and Well-supported
May 11, 2015

Accounting by Wave - Easy to Use, Reliable, and Well-supported

Howard Thaw | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Software Version

May - 2015 - WaveApps.com

Modules Used

  • All

Overall Satisfaction with Accounting by Wave

Used across the entire organization, from Billing and Payroll, through Cash and Credit Card Management.
It solves the largest challenge to most business, staying current (by the day) with bank and credit card transactions spanning multiple currencies.
  • Dashboard gives a simple to use (and understand) visual snapshot of where the business is, at any point in time
  • Automatic import of bank account and credit card transactions across more than one currency
  • Recurring billing and taking credit cards are simple and powerful features.
  • Support (telephone and online) is Awesome
  • Financial reports lack the ability to do period-over-period comparisons
  • Missing the functionality needed to get details from the accounts payable aging reports
  • You can enter bills (not invoices), but not print them out. In other words all of the functionality that is in invoicing needs to be mirrored in bills.
  • Up-to-date financial information at the user's fingertips
  • Accepting credit cards from a single provider is convenient to both the company and their customers
  • Employee efficiency
Hands down the easiest to use.
If you want to stay on top of your accounting, without having to enter credit card and banking transactions manually, then use Wave.

Wave Accounting Feature Ratings

Accounts payable
5
Accounts receivable
9
Cash management
8
Bank reconciliation
10
Expense management
5
Multi-currency support
10
Multi-division support
9
Regulations compliance
8
Electronic tax filing
1
Self-service portal
9
Credit card processing
10
Cost of goods sold
8
Pay calculation
10
Direct deposit files
10
Dashboards
9
Standard reports
8
Custom reports
1
Role-based user permissions
5
Single sign-on capability
7