Wave Accounting

Wave Accounting

Wave Financial
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About

AutoEntry automates data entry by accurately capturing all of your invoices, receipts, expenses and statements into your accounting solution. No more manually inputting invoices, receipts, expenses or statements. AutoEntry extracts the data you need and publishes to your accountancy package. With data stored securely in the cloud, there's no need to store, file, print and copy paper documents anymore. Seamless automatic publishing of verified data into your accounts software. Submit invoices, receipts and expenses on-the-go via our mobile app for iOS and Android devices. Forward emails from suppliers, snap receipts on our mobile app, or scan and upload to the website. Data is processed and verified before applying remembered Supplier, Tax Code and Category rules. Our add-ons ensure the simplest possible publishing to the widest range of cloud and desktop accountancy packages.

About

Powerful, free accounting software. Wave’s easy-to-use accounting software can connect your bank accounts, sync your expenses, balance your books, and get you ready for tax time. Start taking control of your finances today. We designed Wave for small business owners. No jargon, just easy software that makes sense. After creating your account, everything's set up so you can get started right away. Access it anywhere, any time. Your data is always available, and it’s backed up for extra peace of mind. Connect your bank accounts in seconds. The transactions will appear in your bookkeeping automatically, and you can say goodbye to manual receipt entry. Have an eye on the big picture so you can make better business decisions. Our robust reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. When everything is neatly where it belongs, tax time is simple.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Small to medium-sized businesses

Audience

Small business owners, entrepreneurs, and freelancers that need a powerful but free or low-cost accounting system

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$12 per month
Free Version Not Supported
Free Trial Supported

Pricing

$35 per month
Free Plan, Pay-per-use Plan, and Monthly plan all offered.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 3.3 / 5
ease 3.7 / 5
features 3.7 / 5
design 4.1 / 5
support 3.1 / 5

Pros & Cons from Real Users

Pros

  • Ease, look, my older business accounts are still free, even though my newest one I have to pay for, imports from bank back to 365 days! I honestly can't say anything else good about Wave.
  • It is free easy to use. It takes a lot to set it up but the invoicing and ease of payment for clients is great.
  • This is probably the best self-employed, low budget accounting solution available on the market because you can't beat the price (FREE).
  • We could manage the accounting for our small business until we couldn't. The software worked until it didn't.
  • What I love about Wave is that the accounting and reports, sending invoices, receipt scanning and email support all included for FREE. You cant beat that!

Cons

  • Disconnects from bank too often, updates crash account, and recently last update messed up all my accounts so badly that I am now forced to look for a different company bcuz Wave blames it on my bank and won't assist me. Customer Service is horrible and all of it is online, chat which makes it virtually impossible to get anything done - why can't a company get access to my computer to assist, or just have free phone technical support? With this last update, they added Tags and Perks. All my bank accounts disconnected in all three of my business accounts (not my credit card accounts thought). When I reconnected, one: none of my bank accounts are showing the last 3-4 digits so I have no idea which ones to connect now to which business w/out much, much effort, two: when I did import the bank accounts Wave is now combining all transactions between both bank accounts and not in the correct one, and not showing the correct balance in all of them, three: I deleted the bank accounts and reconnected over and over and over and over again, different ways without success to the point I decided to delete the incorrect transactions in the different accounts, only now, when I deleted those transactions, then deleted the bank account to reconnect in hopes with would work, now ALL these deleted transactions won't even transport now - EVEN THOUGH Wave is still showing the correct balances! Fourth: Now with a company bank connection, Wave is asking for a Company ID number - what the heck is this, where can I find it, and if you don't have a Company ID number Wave does not allow the connection!
  • This year this software has disappointed me it has lost bank connections and then tripled the transactions I am not happy and am looking for something that works better. The financial statements are not very professional looking. It does not always remember the proper place to put things and so you really have to be careful reviewing process has to be intense. I am not sure that I will continue to use it after the mess this year still working on fixing the messes. If you have more than one person as admin it screws it up so bad.
  • The reports are not nuanced. You won't get a P&L detail or a P&L by month across multiple months...the rules are not very dynamic.
  • Zero respect for the criticality of a businesses accounting systems and data
  • Well if you have to pick something to dislike about a FREE software I guess I'd have to say I dislike that Wave seemed so new and they are constantly updating and I'm always losing where things are kept. I have a terrible memory!

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

Sage
Founded: 2016
United States
www.autoentry.com

Company Information

Wave Financial
Founded: 2009
Canada
www.waveapps.com/accounting

Alternatives

Alternatives

Neat

Neat

The Neat Company
AccountEdge

AccountEdge

Priority Software US

Categories

Data Entry Supported
Receipt Scanner Supported

Categories

Data Entry Features

Abbreviation Detection Not Supported
Data Capture and Transfer Supported
Data Cleansing Not Supported
Data Entry Verification Supported
Data Search Flexibility Not Supported
Duplicate Detection Supported
Flexible Search Not Supported
Image Entry Not Supported
Library Conversion Not Supported
Mis-Keyed Variation Detection Supported
Phonetic Variation Detection Not Supported

Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Supported
CPA Firms Supported
Cryptocurrency Support Not Supported
Expense Tracking Supported
Fixed Asset Management Supported
Fund Accounting Supported
General Ledger Supported
Government Supported
Multi-Currency Supported
Nonprofits Supported
Payroll Management Supported
Project Accounting Supported
Purchase Orders Supported
Tax Management Supported

Accounts Receivable Features

ACH Payment Processing Not Supported
Billing & Invoicing Supported
Check Processing Not Supported
Collections Management Not Supported
Online Payment Processing Not Supported
Overpayment Processing Not Supported
Partial Payments Not Supported
Receivables Ledger Not Supported
Recurring Billing Not Supported

Billing and Invoicing Features

Billing Portal Supported
Contact Database Supported
Contingency Billing Not Supported
Customer Portal Not Supported
Customizable Invoices Supported
Dunning Management Not Supported
Hourly Billing Not Supported
Invoice History Supported
Mobile Payments Not Supported
Multi-Currency Supported
Online Invoicing Supported
Online Payments Supported
Payment Processing Not Supported
Project Billing Supported
Recurring/Subscription Billing Not Supported
Service Ticket Billing Not Supported
Tax Calculator Not Supported

Bookkeeping Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Not Supported
Collections Not Supported
Expense Tracking Supported
Fixed Asset Management Not Supported
General Ledger Supported
Payroll Supported
Revenue Recognition Not Supported
Spend Management Not Supported
Tax Management Not Supported

Real Estate Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Commission Management Not Supported
Contract Management Not Supported
General Ledger Supported
Mobile Access Supported
Payroll Supported
Property Development Management Not Supported
Reporting / Analytics Supported
Work Order Management Not Supported

Integrations

BlueCamroo Not Supported
Boss Insights Not Supported
CartonCloud Not Supported
Clear Books Supported
ForwardAI Not Supported
Fulcrum Not Supported
Google Drive Not Supported
Microsoft Outlook Not Supported
Motileo Not Supported
OutboundEngine Not Supported
Payment Rails Not Supported
Rayven Not Supported
Sage Accounting Supported
SortMyBooks Supported
Textlocal Not Supported
Uplinq Not Supported
Vessel Not Supported
Xero Supported
Zil Money Not Supported
noCRM.io Not Supported

Integrations

BlueCamroo Supported
Boss Insights Supported
CartonCloud Supported
Clear Books Not Supported
ForwardAI Supported
Fulcrum Supported
Google Drive Supported
Microsoft Outlook Supported
Motileo Supported
OutboundEngine Supported
Payment Rails Supported
Rayven Supported
Sage Accounting Not Supported
SortMyBooks Not Supported
Textlocal Supported
Uplinq Supported
Vessel Supported
Xero Not Supported
Zil Money Supported
noCRM.io Supported
Claim AutoEntry and update features and information
Claim AutoEntry and update features and information
Claim Wave Accounting and update features and information
Claim Wave Accounting and update features and information