KashFlow

KashFlow

IRIS Software Group
Wave Accounting

Wave Accounting

Wave Financial
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About

Keep your accounts under control with KashFlow, an award-winning, cloud-based accounting software. Designed specifically for sole traders and growing businesses, KashFlow makes accounting painless and hassle-free by offering a jargon-free and feature-rich platform that is loved and used even by non-accountants. From quoting and invoicing, to payroll and reporting, KashFlow’s accounting software keeps it simple.

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 Not Supported
iPad Not Supported
Android Not 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

Sole traders, contractors, and small to medium-sized enterprises based in the UK

Audience

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

Support

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

$7.00/month/user
Starter - £7 /month + VAT
Business - £14 /month + VAT
Business + Payroll -£19 /month + VAT
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 Not Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

IRIS Software Group
Founded: 1978
United Kingdom
www.kashflow.com

Company Information

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

Alternatives

Alternatives

AccountEdge

AccountEdge

Priority Software US

Categories

Accounting Supported
Accounts Payable Supported
Payroll Supported
Purchasing Supported
Quoting Supported

Categories

Accounting Features

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

Accounts Receivable Features

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

Billing and Invoicing Features

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

Accounts Payable Features

Approval Process Control Not Supported
Bank Reconciliation Supported
Cash Management Supported
Check Writing Not Supported
Duplicate Payment Alert Not Supported
Fraud Detection Not Supported
General Ledger Entry Not Supported
Vendor Management Not Supported

Financial Reporting Features

"What If" Scenarios Not Supported
Audit Trail Not Supported
Balance Sheet Supported
Cash Management Supported
Consolidation / Roll-Up Not Supported
Forecasting Not Supported
General Ledger Not Supported
Income Statements Supported
Multi-Company Not Supported
Multi-Department / Project Not Supported
Profit / Loss Statement Supported

Payroll Features

401(k) Tracking Not Supported
Attendance Management Not Supported
Benefits Management Supported
Check Printing Not Supported
Compensation Management Supported
Deductions Management Supported
Direct Deposit Not Supported
Multi-Country Not Supported
Multi-State Not Supported
Reporting/Analytics Supported
Self Service Portal Supported
Tax Compliance Not Supported
Vacation / Leave Tracking Supported
W-2 and 1099 Preparation Not Supported
Wage Garnishment Not Supported

Purchasing Features

Catalog Management Not Supported
Compliance Management Not Supported
Contract Management Not Supported
Inventory Management Not Supported
Invoice Processing Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Not Supported
Spend Management Not Supported
Supplier Management Not Supported

Quoting Features

Automated Quoting Supported
Catalog Management Supported
Client Portal Supported
Contact Management Supported
Customer Accounts Not Supported
Customizable Branding Supported
Discount Management Supported
Forms Creation Not Supported
Pricing Management Supported
Product Configurator Not Supported
Proposal Management 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

Codat Supported
PayPal Supported
Refold Supported
Stripe Supported
BlueCamroo Not Supported
CRS Computer Repair Shop Software Supported
Capsule Supported
Codeless Platforms BPA Platform Supported
Dropbox Supported
Insightly Not Supported
Integration Labs Not Supported
Metric.ai Not Supported
Motileo Not Supported
Nango Not Supported
Payment Rails Not Supported
Rayven Not Supported
Shopify Supported
Spotler CRM Supported
Wisely by ADP Not Supported
ePRO Supported

Integrations

Codat Supported
PayPal Supported
Refold Supported
Stripe Supported
BlueCamroo Supported
CRS Computer Repair Shop Software Not Supported
Capsule Not Supported
Codeless Platforms BPA Platform Not Supported
Dropbox Not Supported
Insightly Supported
Integration Labs Supported
Metric.ai Supported
Motileo Supported
Nango Supported
Payment Rails Supported
Rayven Supported
Shopify Not Supported
Spotler CRM Not Supported
Wisely by ADP Supported
ePRO Not Supported
Claim KashFlow and update features and information
Claim KashFlow and update features and information
Claim Wave Accounting and update features and information
Claim Wave Accounting and update features and information