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Wave

Free accounting and invoicing with paid payroll and payments add-ons.

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Software
Finance & Accounting
Freemium
Countries served
Worldwide
Languages
English
Last reviewed
2026-10-31

Overview

Wave is a financial software provider that offers integrated accounting, invoicing, and payment solutions specifically designed for small business owners and freelancers. The platform helps users manage bookkeeping tasks, track income and expenses, and process payments through a centralized digital interface. By focusing on essential financial management tools, Wave aims to simplify administrative workflows for independent professionals and micro-businesses.

Products and services

  • Cloud accounting software
  • Invoicing and estimate generation
  • Payroll processing services
  • Payment processing solutions
  • Mobile receipt scanning
  • Bookkeeping support services

Business problems addressed

  • Disorganized bookkeeping records
  • Manual invoice creation and tracking
  • Difficulty managing payroll tax calculations
  • Fragmented payment collection systems
  • Time-consuming expense management

Key benefits and capabilities

  • Automated bank transaction syncing
  • Dashboard for real-time financial reporting
  • Integrated credit card and bank payment processing
  • Recurring billing and automated payment reminders
  • Receipt management via mobile app
  • Chart of accounts customization

Frequently asked questions

Is Wave free to use?
Yes, Wave provides core accounting and invoicing software at no monthly cost, while charging fees for premium services like payment processing and payroll.
Can I process payroll through the platform?
Yes, Wave offers a payroll module that automates tax filings and direct deposits for an additional monthly fee.
Does the software support multiple users?
Yes, the platform allows business owners to invite collaborators or accountants to access specific areas of their financial data.

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