For information on credit card rates, visit Pricing for details. Accounting software helps business owners understand how money flows in and out of their businesses. It replaces the time-consuming method of collecting receipts in a drawer and manually tracking revenue and expenses in a spreadsheet or with pen and paper. You can connect nearly 10,000 different bank and credit card accounts with Wave, so your financial transactions import automatically to make your bookkeeping simple. Allow your customers to pay your invoices immediately via credit card, secure bank payment (ACH/EFT), or Apple Pay. You don’t have to wait for a new quarter or year to start using payroll software—you can start running payroll at any time!
When everything is neatly where it belongs, tax time is simple. Wave’s smart dashboard organizes your income, expenses, payments, and invoices. Transactions will appear in your bookkeeping automatically, and you can say goodbye manual receipt entry. We totally get it—running payroll for your small business can seem like a daunting task, especially when you’ve got so much on your plate. That’s why a payroll software like Wave’s can help ease the burden of doing payroll on your own.
Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. You can accept credit cards and bank payments for as little as 1%2 per transaction. Set up recurring invoices and automatic Depreciation and Amortization on the Income Statement credit card payments for your repeat customers and stop chasing payments. Switch between automatic and manual billing whenever you want. Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage.
Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!). Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information. Your employees can log into Wave securely to access their pay stubs and T4s, and manage their contact and banking information. You’ll receive the money in your account in 1 business day (Canada), or 2 business days (US)1. Yup, our mobile receipt feature can be accessed in our Wave app, on iOS and Android. A common issue when invoicing in Microsoft Word, Excel, or other DIY solutions is making calculation errors.
Wave’s invoicing software for small businesses removes the worry of making these errors because calculations are done for you, including the taxes. I look at the dashboard and know how many invoices are on the way, when they should be paid, and the average time it takes someone to pay. Have an eye on the big picture so you can make better decisions. Our accounting reports are easy to use and show monthly or yearly comparisons, so you can easily identify cash flow trends. Our servers are protected physically and electronically. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption.
Only pay for what you use and simplify annual audits with workers’ comp built for small business owners. However, you can still manually upload and backup receipts to Wave on your desktop, for free. Simply open the transaction details for an expense and attach an image of the receipt from your device. Avoid any tax season nightmares with more accurate books, records, and reports. Monitor your cash flow, stay organized, and stop sweating tax season. Say #sorrynotsorry to your spreadsheets and shoeboxes.
Full details on how Wave support works are available here. You technically can process payroll without using software, but this can be risky, especially for employers who don’t have the time or accounting skills to process payroll correctly. Mistakes and errors can lead to hefty tax penalties, which would offset any money saved through DIY payroll processing methods. This is why it’s recommended that small business owners use payroll software instead. Approval is subject to eligibility criteria, including identity verification and credit review. Payments are a pay-per-use feature; no monthly fees here!
Have an eye on the big picture so you can make better business decisions. Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. Track your income and expenses, easily and for free, with Wave’s accounting software.
Customers can pay instantly by credit card or Apple Pay when they view the invoice online. Simply email your customers an invoice and they can use the secure “Pay Now” button to send over your payment. Powerful and 100% free accounting software that has everything you need to confidently run your own business. Wave’s mobile receipts feature lets you input expenses into Wave instantly and on-the-go using optical character recognition (OCR) technology. Take a photo and upload a receipt image from your mobile device, then sit back while Wave reads the receipt to create a new expense transaction.
Wave is one-stop money management for small business owners. We exist to support small business owners like you by offering a fast and easy way for you to manage your business finances. Deposit payments quickly, reliably, and directly into your employees’ bank accounts.
These features help keep our invoicing, and accounting, free. Wave’s optional paid features include online payment processing, payroll software, and access to personalized bookkeeping services and coaching through Wave Advisors. If you’re interested in using payroll software, you can start a free 30-day trial when you sign up for Wave. Electronic invoices are created with online invoicing software or other cloud-based services, which makes it easy to automate the invoicing process. Electronic invoices also provide small business owners with professional-looking digital invoices that their customers can pay easily online through a system like Wave’s online payments.
Your data is always available, and it’s backed up for extra peace of mind. After creating your account, everything is set up so you can get started. Your data is always available, and backed up for extra peace of mind.
And if you’re switching providers, you can make the transition easily by importing all the necessary forms and information in just a few minutes. Check out our handy support article to learn how you can switch to using Wave’s payroll feature. Upon processing your first payroll, you can use Wave Payroll for up to 30 days, commitment-free. At any time, you can activate to start your billing cycle and gain access to items like tax filing and approving payrolls beyond the current month.
Wave has helped over 2,000,000 North American small business owners take control of their finances. Wave Payroll If you use Wave Payroll and are a Canadian business, these terms apply. Developer API Including but not limited to developer.waveapps.com, api.waveapps.com.
Payroll software saves you time so you can focus on the best parts of running your business. And, in the long run, an online payroll software provider like Wave can save you a lot of money by reducing human error so you can avoid tax penalties (and who doesn’t love saving money?). For information on credit card rates, visit the pricing section for details. 2 Rates are 1% for bank payments (minimum fee of $1).
All details can be found on the “Subscriptions and Billing” page in your Apple account, or the “Find your purchases, reservations & subscription” page in your Google account. Keep an eye on business spending, without manual bookkeeping. Stop looking under couch cushions—access your receipts digitally, in one place. Send invoices whenever and wherever you want with Wave’s free app for iOS and Android. After creating your account, everything’s set up so you can get started right away.
Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay. Our bookkeeping and banking tools can be used separately or together for maximum control of your business finances. Doing payroll manually involves confusing and time-consuming calculations.
Create and send professional invoices to your customers in seconds. Zoho Books’ accounting and invoicing tools offer the same features you use with Wave. Yes, switching from other accounting apps or products to Wave is easy! See our step-by-step guide on how to import bookkeeping data into Wave here. Bank data connections are read-only and use 256-bit encryption.
Your deposit times may vary based on your financial institution. All payments are subject to a risk review and periodic credit risk assessments are done on business owners because we need to cover our butts (and yours). In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments.