Wave Accounting Reviews, Ratings, Pricing Info and FAQs

Find out more about Wave Accounting software with customer reviews, ratings, pricing information and frequently asked questions.

5 min read • Last updated on November 9th, 2018

Wave Accounting is a cloud-based accounting platform for small businesses. With Wave, business owners can run payroll, generate financial reports, record expenses and more. The software can also be accessed using the Wave mobile app.

Also Consider

Gusto Payroll Software

Get 1 month of Gusto FREE!

Start Free Trial

Get started in minutes.

Auto tax filing and digital paystubs.

Made for mobile.

No extra fees.

Includes benefits, onboarding, and compliance features.

Wave Accounting Pricing:

Wave Accounting is a free accounting solution, so there is no monthly fee. However, online payments are charged 2.9% + $0.30 per transaction.

Wave Accounting Key Information Table:

Co-Founders

Kirk Simpson, James Lochrie

Founded

2009

Headquarters

Toronto, ON

CEO

Kirk Simpson

Number of Employees

175

Number of Customers

3,000,000

Phone Number

1 (416) 521-9141

Address

235 Carlaw Ave, Suite 501, Toronto, ON, M4M 2S1

Website

www.waveapps.com

Wave Accounting FAQs:

What is the price range for Wave Account software?

Wave does not charge a subscription fee for using their services. Credit card processing costs 2.9% + $0.30 per transaction, and payroll costs $20.00 per month.

How do I access my Wave Accounting login from my web browser?

Just go to waveapps.com and enter your Wave Accounting sign in information to gain access to your account.

Wave Accounting Vs Quickbooks
Wave Accounting vs. Quickbooks

Wave is free and can be accessed using the mobile app, but Quickbooks is certainly a more capable accounting platform if you want a variety of features and advanced metrics for your business.

Can I use Wave Accounting software to scan receipts?

If you have the Wave Accounting app on your phone, use your Waveapps login to sign in. You can take a picture of your receipt and the app will automatically upload it to Wave's Accounting platform.

Is Wave Accounting software safe?

Wave is a very secure platform. Wave Accounting has data security and fraud prevention features built into the software to protect all of your information and keep your transactions safe.

Wave Accounting Reviews:

Reviewer

Rating

Review

Miguel G.

5/5

Wave is free and it has absolutely everything that I need for my small business.

Nate M.

1/5

This software is too unreliable to be used for everyday accounting purposes. Would not recommend!

Josh R.

1/5

Taxes are difficult for me as a freelancer. I can track some things with Wave, but I have found that they aren't helpful at all when it comes to doing your tax.

Mark B.

5/5

Wave helps me save money and generate professional invoices for my clients.

Al C.

4/5

Overall, I'm very pleased with what Wave has allowed me to do. My only complaint is that it doesn't always sync properly with my bank account.

Belinda S.

5/5

I love the receipt uploading feature that you can use on your phone. Makes expense tracking easy!

Jenny M.

5/5

It's amazing that this product is free! I'm not an accountant, but it is still easy to use.

Bill S.

1/5

The way that Wave imports credit card transactions can really mess up your accounting if you don't want all of that information to change your credits and debits.

Sarah P.

4/5

A very clean interface with an app that works perfectly. I would like to see more customization options for expense accounts.

David T.

1/5

I have had numerous problems processing credit card payments and customer service has been very unresponsive.