# Page 27 | Wave Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Page 27 - Is Wave the right Billing and Invoicing solution for you? Explore 1719 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/178021/Wave-Apps/reviews

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Wave

4.4 (1719)

[View alternatives](https://www.capterra.com/p/178021/Wave-Apps/alternatives/)

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Last updated March 13th, 2026

# Page 27 - Reviews of Wave

## Showing most helpful reviews

Showing 651-675 of 1719 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

AS

Aninda S.  
Chief Solution Architect  
Information Technology and Services  
Used the software for: 6-12 months

### "Simplistic Accounting System"

October 24, 2022

3.0

Wave accounting was great till we used it. Later as our business expanded we wanted more features to be integrated in the system which is why needed to make the switch from Wave Accounting system.

Pros

I'd say Wave is a Simplistic Accounting System, easy to get started with and perfect for SMEs or small enterprises.

Cons

This app isn't scalable as in as your business data grows large, this app becomes sluggish and performs poorly

Review Source

Shari P.  
Filmmaker  
Broadcast Media  
Used the software for: 6-12 months

### "Handle your finances with your "online accountant" free!"

December 12, 2018

5.0

Overall, 10/10 would recommend, especially for freelancers who cannot afford an accountant (like me), but would like to keep digital record of your finances. It also adds a sleek professional look to your brand.

Pros

Wave absolutely changed my financial life. It helps me keep track of my income and expenditure with ease, so easy that I no longer procrastinate when I have to do up a quote or an invoice or log my expenses because wave makes it so easy to get it done! I also love how secure the app is, on my phone, only if my finger print is scanned it opens, and on the internet it automatically logs out after idle time, so no one can invade.

Cons

I wish there was an overall wave app for my smart phone, currently there's only a wave invoice app, and I would like to do estimates and log my expenses from my phone.

Review Source

VR

Verified Reviewer  
Course Building Technologist and Business Coach on the Education Team  
  
Used the software for: 2+ years

### "One of the easiest invoicing software for small businesses"

December 13, 2017

4.0

All of my invoicing goes through Wave. It's easy to use and it allows me to quickly do what I need with an accounting software without overwhelming me with a bunch of things I don't need.

Pros

I've been using Accounting by Wave to manage all my invoices for clients. It takes me less than 5 minutes to quickly generate an invoice, and automatically email it, track it, document the stage of payment and even provide a way for them to bill. It's also fantastic to track cashflow and expenses, has a lot of export features to excel.

Cons

It's cloud-based, and sometimes, the site is laggy or slow. There's also an assumption by Wave that all of your product/services are the same price. It's useful if it is the case - but I'm charging different prices for my clients for a specific service. Fortunately, it's easy to change. It's just a tiny bit annoying.

Review Source

VR

Verified Reviewer  
Global Shaper  
  
Used the software for: 2+ years

### "Wave made my small team payroll calculations and payments easy, including deductions and bonuses."

July 27, 2018

4.0

Pros

It's easy to use. Once you set up a staff member, paying them based on a number of different modes (biweekly, monthly, etc) is easy. Creating tax forms for your employees is incredibly easy, and Wave even reminds you to do it. I do not use it for more than payroll, so I can't comment on other features.

Cons

The delays - it takes a full business week to process a payroll. I also wish it were more flexible for changing between pay periods, if necessary.

Review Source

CD

Chris D.  
Manager  
Education Management  
Used the software for: 2+ years

### "Great, free accounting software"

December 4, 2019

4.0

Wave is an invaluable tool for my small business. I recommend it for small businesses who need transaction coding and invoice-making abilities.

Pros

That Wave is free is fantastic for a small business. Other accounting software can be extremely expensive, so getting most of those features for free is fantastic.

Cons

I had very few complaints until Wave announced that bank integrations outside the US will no longer work from 2020. This means that transactions will need to be manually added, which will be much more time-consuming.

Review Source

aB

albert B.  
program Accountant ICYD  
Non-Profit Organization Management  
Used the software for: 2+ years

### "wave accounting is the best tool for accountant "

April 5, 2023

5.0

using wave accounting has simplified my work i don't need to move for invoices its done well in office

Pros

wave accounting is the best tool for accountant i like its user interface and its ability to be used on smart phones such as android witht the application expenses and trucking payment receipts have been so easy

Cons

although the application work well but it lacks some accounting features such as project management, time trucking which are essential for accounting purposes

Review Source

VR

Verified Reviewer  
CEO & Founder  
  
Used the software for: 2+ years

### "I love wave apps! I use it as a free/cheaper alternative to traditional accounting programs. "

April 25, 2018

4.0

Pros

It's easy to navigate and maintain. It's free. Accounting doesn't get much better. It has (almost) everything I need.

Cons

I have a very niche bank account and the automatic transaction downloads recently broke. Most likely the banks fault. Also, I work with a lot of independent contractors. Wave has an employee/payroll setup but nothing for independent contractors. Also, maintaining and making sure there aren't double transactions added to the account does make for a bit of upkeep. Ex: invoices, when marked as paid, add a transaction but doesn't account for the same transaction being uploaded from the actual bank statements. They are easy fixes usually. But it can get to be a lot of work if there is a heavy flow of transactions. It's a great tool for small businesses starting out.

Review Source

VR

Verified Reviewer  
Co-founder  
Marketing and Advertising  
Used the software for: 2+ years

### "Been my go-to accounting software for years"

December 3, 2019

5.0

Wave is a solid company that has been around for such a long time. Having a unique business model and incredibly well built product/features, I have always chosen them for my accounting needs. Highly recommended!

Pros

This software is really easy to use, has great design, and everything you need in an accounting software.

Cons

There's not much to not like. Especially because it is freeware. The only thing that comes to mind is if they could make it easier for businesses to pay quarterly taxes online, but that's not part of their core offering.

Review Source

Meg B.  
Co-founder  
Online Media  
Used the software for: Less than 6 months

### "Simple invoicing solution for freelancers "

June 14, 2023

4.0

One of the key advantages of Wave is its suitability for individuals and businesses with straightforward accounting needs.

Pros

Wave offers user-friendly invoice creation and management tools that are tailored to meet the needs of freelancers and small businesses. Users can easily monitor the status of invoices, including tracking payments and sending reminders for overdue payments.

Cons

Wave's accounting features may fall short for those with more advanced accounting needs.

Review Source

VR

Verified Reviewer  
Owner  
Sports  
Used the software for: I used a free trial

### "Great Quickbooks Alternative"

January 9, 2020

5.0

I'm a relatively new user, but I like what I see. Quickbooks makes you integrate all your bank account info and complicates everything. I'm a one man show, so I don't need added expenses for accounting software, I just need a ledger to keep my expenses organized.

Pros

I love that it's free for to use the basic accounting services. I already pay my accountant to do the heavy lifting, so I just want an online platform to keep tabs on my incoming and outgoing expenses such as invoicing and expense tracking.

Cons

Since it's a free platform for the basic services, there is likely going to be lots of upsell ads, and soliciting.

Switched from

[QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/)

Cost

Review Source

MB

Moïse B.  
Managing Director  
Cosmetics  
Used the software for: 2+ years

### "Wave Accounting c'est vraiment super"

June 15, 2023

5.0

Pros

C'est tellement merveilleux ce logiciel je fais mes factures en toute simplicité et mes paiements sont tellement simplifié c'est unique

Cons

J'aimerais juste que vous des améliorations sur vos outils et accès simplifié à certains pays

Review Source

Tabitha B.  
Admin Professional  
Marketing and Advertising  
Used the software for: 2+ years

### "Professional and Easy"

June 15, 2020

5.0

Overall, it has made my invoicing much more professional and easy to manage.

Pros

The invoices you send are easy to set up and always look professional and clean. It also makes it super easy for people to pay your invoices with little hassle. No chasing stuff down. No checks in the mail. It never gets old getting the mobile app notification that something has been paid.

Cons

The fees are actually a bit steep compared to some of the other invoicing software. It is a premium product though, so that makes sense.

Review Source

VR

Verified Reviewer  
Product Architect  
  
Used the software for: 2+ years

### "I've used Wave for a number of years. They have shown continuous improvement and it is excellent."

October 20, 2017

5.0

Keeps my side business's accounting records in order effortlessly.

Pros

Their business model. The software is free until you have payroll. They also make money through advertisements and through commissions on credit card payments made to you, so they have a very strong business model. I also like how easy it is to use and the huge number of banks that the software integrates with. I am also very impressed with the recurring/automatic invoicing feature and the ability to accept credit card payments for an invoice. I use this software for my part-time side business.

Cons

I don't like that they just removed the personal finance portion of the software. It had suffered a just a little in features compared to at least one competitor. I do, however, understand Wave's desire to focus on the business sector.

Review Source

VR

Verified Reviewer  
Owner, Mental Health Counselor  
Mental Health Care  
Used the software for: 1-2 years

### "Wave Accounting Life Saver"

April 24, 2019

5.0

Pros

I like the ability to link bank account, create reports, and the dashboard providing a glimpse of the business

Cons

No real issues or concerns regarding the software. Do not care for the pop up boxes with the people's head asking if they can be of assistance

Review Source

HC

Hilary C.  
Director  
Marketing and Advertising  
Used the software for: 2+ years

### "Happy wave user"

March 19, 2026

5.0

Overall, Wave is a great value solution that covers essential accounting needs without overwhelming smaller businesses.

Pros

Wave offers free, easy-to-use accounting tools that are perfect for small businesses needing invoicing and expense tracking

Cons

Features are more limited compared to paid platforms, and customer support options can be slower at times.

Review Source

RH

Rachel H.  
Owner  
  
Used the software for: 2+ years

### "Wave makes accounting for small businesses painless!"

January 9, 2018

4.0

I've used Wave for about 4 years. It works really well and is a free product if you don't need to utilize the payroll feature. I love that it's cloud based so I can access my business books from any location.

Pros

I love that I'm able to invoice and set up recurring invoices, that clients are able to store credit card information for automatic payments, that I can link to several different accounts, I'm able to run reports, see late invoices at a glance, and easily perform daily bookkeeping tasks. If you're struggling to figure something out the online chat option is really helpful!

Cons

It can be a bit finicky and I've had recurring invoices fail to process in the past. However, this problem seems to have been resolved.

Review Source

Ron Elius S.  
Freelance B2B Copywriter for the Food & Beverage Companies  
Marketing and Advertising  
Used the software for: 6-12 months

### "Accounting Software that’s really easy to use great for Freelancers"

October 10, 2018

4.0

Free and Easy to use!

Pros

Who would have thought that this awesome Software is powerful, clean, works well and most of all FREE? Accounting by Wave is totally FREE without strings attached. This is perfect for Freelancers who are in the beginning stage and who doesn’t want to get overwhelmed with Numbers and just want to give amazing Results for their Clients. I’m satisfied and happy using this Free Software. Yep, it’s not only for Freelancers but also for Small Businesses, Solopreneurs and Entrepreneurs. The UX and UI of Wave is amazingly easy to navigate.

Cons

So far, I never had any issues and I’m satisfied using this Software. Although, this is good for beginners because its free, the main issue that might pop-out will be the advanced reporting.

Review Source

MO

Mahmoud O.  
Expert-Comptable  
Accounting  
Used the software for: 2+ years

### "Wave Accounting review"

November 23, 2022

4.0

Fantastic

Pros

It is an accounting software that does not require much learning and is easy to use

Cons

The problem with this software is that sometimes its functionality becomes slow

Review Source

VR

Verified Reviewer  
Director Of Operations  
Think Tanks  
Used the software for: 1-2 years

### "Quickbooks alternative"

November 26, 2018

4.0

This has been a great quick hassle free alternative to quickbooks. I would recommend if you are looking for a more affordable way to handle your books in a simple way. I used this for 4 different business accounts and couldn't be happier.

Pros

I was looking for software to replace quickbooks for smaller side business projects I needed to manage. I can add income, expenses, and categories fairly easily. I love that I can have multiple businesses under my account and the price is incredible. I have not attached all of my banking or credit card accounts to wave since I'm not managing these books in the traditional method. This has been the perfect solution for me to keep track of expenses and income with the bells of whistles of running p/l reports without having to just keep a spreadsheet.

Cons

There was a bit of a learning curve. Since I started using this software they have updated it. The feature they added which would have been a con was adding the expense category. It was super cumbersome but they have updated it.

Review Source

VR

Verified Reviewer  
Teacher  
Primary/Secondary Education  
Used the software for: 1-2 years

### "Great for Small Business"

July 23, 2019

4.0

Pros

Wave provided almost everything I wanted in an accounting program. When I taught private music lessons, it allowed me to schedule monthly emailed invoices. If needed, I could edit those invoices, too. I liked the option that let those receiving the invoices choose to pay online through credit or debit card. The fee for that service was comparable to other services I had researched, but there is no fee for the use of Wave. It also recorded all transactions, creating records that were helpful around tax time. Definitely recommend.

Cons

One thing that I missed with Wave compared to other programs I tried was that it didn't have the option to automatically send out a reminder email about payment due after a certain number of days. For example, one program I had tried let me set it to send a reminder email if the invoice had not been paid within 15 days. Wave allows you to send a reminder email manually, but not automatically.

Review Source

AN

Amanda N.  
Owner  
Consumer Goods  
Used the software for: 1-2 years

### "It does the job for free software "

September 23, 2022

4.0

Overall, I’m happy with it, and I have continued to use it until my business gets big enough where I can’t due to its limitations:

Pros

I like that the software is free and can track my small business, invoicing and expenses. Obviously, there is things lacking that comes with paid software. It would be nice if it was integrated into the different locations I sell from.

Cons

Sometimes I find it to be a little confusing, trying to pull up the information I want to get it takes a little bit of trial and error

Review Source

VR

Verified Reviewer  
Administrative Assistant  
Retail  
Used the software for: 1-2 years

### "Easy, Intuitive Accounting Software"

August 3, 2018

5.0

Pros

Accounting by Wave is great for regular accounting, invoicing, and reporting. I use it for a small business and it does everything we need it to and more!

Cons

No complaints! For free software, you'd be hardpressed to find a better alternative!

Review Source

VR

Verified Reviewer  
Data & Finance Mgr  
Religious Institutions  
Used the software for: Less than 6 months

### "Simple!"

October 10, 2020

5.0

I have used spreadsheets, paper ledgers, Quicken, and Quickbooks for various ventures. This gives me everything I need for my new biz and is so much easier than the last version of QB I used. I am more disciplined using Wave than spreadsheets, esp since transactions are synced with my bank. We have had lots of issues with syncing in QB for my hubby’s biz. I hope to get him to switch to Wave!

Pros

This has been so easy to set up and use. They even sent me a sequence of emails to be sure everything was covered!

Cons

I don’t see my account balance after each transaction. There could be a setting I need to change, or a view I have missed, but I have not asked Wave yet. I do see my ending balance which has been adequate, but I would prefer a running balance.

Alternatives considered

[QuickBooks Online](https://www.capterra.com/p/190778/QuickBooks-Online/)[Google Sheets](https://www.capterra.com/p/169718/Google-Sheets/)[Microsoft Excel](https://www.capterra.com/p/176574/Excel/)

Reason for choosing Wave

It is free at my level of use, which is perfect for my start-up! After trying it out, it met all my requirements and was super easy.

Review Source

VR

Verified Reviewer  
Intern  
  
Used the software for: 2+ years

### "A great FREE solution for all my needs"

July 26, 2018

4.0

Pros

The price is hard to beat :) But I also really like the design. This doesn't feel like cheap software, nor does it feel out and outdated. It's easy to use! I love using it to send invoices to my clients which are easy to accept payment and also look great!

Cons

I wish that I could use my own payment gateway (like Authroize.net), but I understand that part of how they make their money is through the processing fees so it makes sense.

Review Source

VR

Verified Reviewer  
Director and Principal Consultant  
International Affairs  
Used the software for: 1-2 years

### "Perfect for small business owners, especially those just starting out."

November 28, 2018

5.0

Pros

I found Wave whilst looking for basic accounting software, and it's turned out to be so so much more than that. I am amazed that they give away this type of service for free. It's excellent quality software and when I have employees I'll be using it for payroll too (a paid service, I believe). Very high quality and great resources available to help you learn about accounting and bookkeeping.

Cons

I'd like more of the smaller banking services to be supported e.g. Starling. These are new banking services though so perhaps it's only a matter of time before Wave can sync with those too.

Review Source

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