Wave

What differentiates Wave from other similar products?

It's easy to generate invoices as well as to add transactions to keep tracks of all incoming cash flaws unlike other similar products.

What is your favorite aspect of this product?

What I like most about it is that it offer's me all the accounting features that I need for free. Also I like how it makes business expenses tracking to be very clear. Also it's very user friendly and easy to maintain.

What do you dislike most about this product?

It helps me to keep track of everything that I need!so I have no dislike towards it.

What recommendations would you give to someone considering this product?

Yes!it never disappoint! it's a powerful accounting system

What differentiates Wave from other similar products?

Its free features will cover all of users accounting needs.

What is your favorite aspect of this product?

There is an unlimited number of users who can use the software. It allows me to use one account to run multiple businesses.

What do you dislike most about this product?

In full-service payroll, the limit is only 14 states.

What recommendations would you give to someone considering this product?

Fantastic software but can be effectively used in small businesses.

What differentiates Wave from other similar products?

Wave is cloud-based accounting with no cost. There are adjacent services like invoicing/processing, payroll, and expert assistance for purchase- but not required and not obtrusive. It has a more intuitive interface than other accounting software with the same basic features.

What is your favorite aspect of this product?

My favorite aspect of this product is the automated bank connection- it syncs transactions daily so keeping track of entries is simple. The AI auto-suggests accounts for categorizing new bank transactions. Most major accounting programs have this, so my second favorite feature is the price. There is so much of the same functionality as big-name software without the absurd price tag. The search and filter function for transactions is also very comprehensive. Our tax prep service was even impressed with the reports.

What do you dislike most about this product?

There are still a few features Wave could improve on, like receipt uploading. It has a convenient app for scanning receipts, but scans don't auto-match to your corresponding bank transaction and merging them is a clunky, tedious process. The "scans" are also just pictures and don't detect data from lines on the receipt.

What recommendations would you give to someone considering this product?

For a small business, startup, or business owner handling the accounting, Wave is absolutely the way to go. I think it's an overall better product than big-name competitors and savings are huge. In the beginning I started with Wave, but a colleague insisted our business should just pay for Quickbooks. I tried that for two months expecting something amazing, but it had the same features and functionality as Wave with a huge price tag and no customer support. So I switched back to Wave and couldn't be happier. I absolutely recommend using Wave and can't wait to see what new features they develop.