Quick-start your accounting!
October 25, 2019
Quick-start your accounting!
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Wave Accounting
We use wave for its essential accounting functions such as invoicing, payment receipts, and to track business-related purchases and expenses using the account connection feature. It's relatively easy to use and can copy and duplicate invoices, send reminders and gauge how often invoices are paid or not. It's primarily used by myself though I sometimes have my assistant send a simple invoice.
- Allows the user to set up customer profiles and manage the intricacies of account payable tracking.
- Allows the user to connect the app to a bank account thereby identifying purchases and business-related expenses. Awesome for tax time!
- Allows the user to create vendor profiles and manage payroll accordingly.
- Connecting the app to a bank that isn't listed in their database isn't seamless.
- Sending multiple invoices to one client that needs to use different payment methods raises a red flag.
- Receipts can't be exported as PDF's and must be sent from the email that was used during sign-up (can't be altered).
- Because Wave is free to use it's not made a negative impact per se' however the fees associated with each transaction (if you aren't a frequent user) could be a deal-breaker.
- The app itself offers a ton of features and is a time-saver, giving it a positive impact.