Wave Accounting Review
May 12, 2015

Wave Accounting Review

Lior Zehtser, CPA, CA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Accounting by Wave

We help support clients that are using Wave Accounting to run their businesses. It provides business owners with a free platform to manage their accounting records.

Pros

  • Payroll
  • Accepting Credit Cards
  • Reporting

Cons

  • Open API for third-party apps
  • Server speed can improve
  • Real-Time financial information with clients
  • Collaboration by being added as a user to clients' account
It is suitable for non-complex businesses, businesses with low transaction volume and businesses just starting out.

Wave Accounting Feature Ratings

7.6
Accounts payable
8
Accounts receivable
8
Cash management
Not Rated
Bank reconciliation
7
Expense management
7
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
8
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
10.0
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
10
Cost of goods sold
Not Rated
9.0
Pay calculation
9
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
7.5
Dashboards
7
Standard reports
8
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated

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