Perfect accounting choice for small businesses
April 29, 2025

Perfect accounting choice for small businesses

Nikki Brandt, CPCU, AU, AIS, AINS | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Wave Accounting

Tracking financials, invoicing clients.

Pros

  • Professional invoicing
  • Bookkeeping is simple
  • Easily track expenses and profits

Cons

  • Connection w/ other accounts thru Plaid sometimes glitchy
  • Save me money
  • Easy to use
It's a basic, professional looking, affordable option. Easy to use and does everything I need!
I used to have Quickbooks and it was very expensive and had functions I just didn't need. This is simple and easy to use. Perfect for small business owner.

Do you think Wave Accounting delivers good value for the price?

Yes

Are you happy with Wave Accounting's feature set?

Yes

Did Wave Accounting live up to sales and marketing promises?

Yes

Did implementation of Wave Accounting go as expected?

Yes

Would you buy Wave Accounting again?

Yes

For a small business with basic needs I think Wave is perfect. I cancelled my Quickbooks and moved to Wave years ago and have never looked back. I have suggested it to multiple friends and at least 1 I know uses it.

Wave Accounting Feature Ratings

10.0
Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
Not Rated
Expense management
10
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
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
Not Rated
Cost of goods sold
10
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
10.0
Dashboards
10
Standard reports
10
Custom reports
10
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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