# Page 35 | Wave Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Page 35 - 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/)

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/)

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Last updated March 13th, 2026

# Page 35 - Reviews of Wave

## Showing most helpful reviews

Showing 851-875 of 1719 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

HF

Heather F.  
Owner, Coach  
Health, Wellness and Fitness  
Used the software for: 1-2 years

### "Easy to use; bank transactions auto-load; Does not do a good job auto labeling transactions. "

July 2, 2018

4.0

The major benefit for our business is that it is free. We are a small business and even the smallest savings helps us offer our athletes an affordable product. It helps me prepare for taxes at end of year easily.

Pros

Transactions from bank load easily. Very easy to split transactions if necessary. Also easy to label transactions to the appropriate categories. I have a small business and use the free software. It is exceptional considering a free service. It does all we need to keep track of our income and expenses for filing taxes at the end of the year. The one time I had an issue with my bank transactions not importing they helped me determine the issue and correct it.

Cons

I would like it to be more intuitive as far as labeling the transactions to categories. Many of our expenses are recurring for same amount each month and it auto labels some to different categories each time. It is rare it autolabels to correct category. It is no big deal to change label.

Review Source

VR

Verified Reviewer  
Co-Founder  
  
Used the software for: 1-2 years

### "Wave is a great accounting tool with generous free tier!"

June 13, 2018

4.0

A well designed, modern, online accounting tool with a nice free tier.

Pros

I reviewed a few online accounting tools and settled on Wave. It had a modern design and a good free tier for my business. It's pretty easy to use, even for myself who is not familiar with most accounting terms.

Cons

The only problem we encountered was that my business credit card was supplied by a provincial bank in Alberta. It was not recognized for connection and when I reached out to suggest the card, I didn't really hear anything back for quite some time. I submitted multiple requests but didn't hear anything. Then randomly my card was able to connect but no one had told me. Up until that point I was manually importing those transactions.

Review Source

JH

Jena H.  
CFO  
Construction  
Used the software for: 6-12 months

### "Wave is for a really simple business structure"

October 27, 2018

3.0

Good tool for start ups

Pros

When I just opened my business this software was an excellent tool to track my business related costs. However, as the business structure gor more complicated, it became hard to keep records straight with this software.

Cons

One of the biggest cons of wave is that it’s not providing any tax related forms for businesses , such as 1065 and etc. I would think that a software should be able to produce at the end of the year a tax form that one could file with IrS, but this software doesn’t. Also, they do not file any payroll related tax forms in CT, where my business raised so I can’t use their payroll feature as for the same cost I can get access to other payroll providers who will file all necessary tax paperwork in CT .

Review Source

Scott L.  
CEO  
Marketing and Advertising  
Used the software for: 2+ years

### "Wave is the way to go!"

November 15, 2019

5.0

Pros

I love Wave and how easy they make it to run our business. They have made the complicated, quite simple! Great job!

Cons

Occasionally the auto import stops working, but that comes back on the bank, not wave.

Review Source

VR

Verified Reviewer  
Graphic Designer  
Design  
Used the software for: 2+ years

### "Simple and clean"

July 18, 2019

5.0

Pros

It is really easy to use and the layout is great on desktop. Been using for years and don't have any issues.

Cons

There is a mobile app for receipts, but it would be great if there was one for general usage.

Review Source

Andi G.  
Owner  
Consumer Services  
Used the software for: Less than 6 months

### "A great accounting software for small businesses"

January 19, 2018

4.0

Pros

It is simple and easy to use and being free/low cost is a huge plus! It was a good tool for seeing where all of my expenses were going.

Cons

I wasn't able to merge information from my business scheduling software so everything had to be entered manually. Once I got behind, I was overwhelmed and gave up. I don't think I can keep up with the maintenance especially as my business grows. If you use a more well-known popular software with your business, however, I'm sure it would integrate just fine and be easier.

Review Source

AD

Assimi D.  
Marketing and communication director  
Telecommunications  
Used the software for: 2+ years

### "Easy to use"

March 1, 2023

5.0

Wave accouting is a software that really helps small and large companies move forward like mine. It is fantastic

Pros

Accounting software that has a free and easy to use option for small businesses. It also has like many of the best software a user-friendly interface. Our company is doing well with this software

Cons

Except for the customer service which is a bit slow sometimes, we have no problem with this software.

Review Source

MM

Monica M.  
owner  
Health, Wellness and Fitness  
Used the software for: Less than 6 months

### "Dont do it. Terrible customer service. Processed my payroll and then declined but holding the money"

August 4, 2023

1.0

HORRIBLE. They processed my payroll for my employees and then declined it after taking out the money, and then proceeded to tell me the accounting people will take 5 business days to clear it back, AND ANOTHER 5 business days to appear in my bank. So they took thousands of dollars for a ride for 10 days. UNBELIEVABLE!

Review Source

JD

Jake D.  
Vice President  
Accounting  
Used the software for: 1-2 years

### "BASIC Bookkeeping"

November 4, 2016

3.0

For free, Accounting by Wave is a fine product. While it lacks the power, functionality, and reporting features that make Xero & QBO the leaders of the online accounting space, for small businesses and startups on a tight budget, Wave can definitely make a difference in your bookkeeping. Like its subscription based competitors, Wave offers bank feeds for easy reconciliation. It has some basic reports that are essential for healthy businesses (like P&L and Balance Sheets), but the reporting overall is not too powerful. Entering transactions is easy enough, but the interface is slow to switch between screens and reconciliation becomes more challenging when splitting transactions between multiple accounts as the software actually splits the transaction in half (so the total no longer matches your bank statement total). At the same time, the idea behind the bank feeds is that the only version of reconciliation is not as necessary. I do recommend Wave for startups that have only one type of income that needs to be tracked. Once you get into businesses that deal with wholesale, retail, services, etc. in one business, something a bit more powerful could provide some true benefit. Wave payroll is also simple to use and effective if you set it up right. The price is low (though there are better payroll providers that compete in price), and the process simple. In some states, the payroll is actually full-service, which is a great benefit.

Pros

The software is free and simple for small businesses.

Cons

I dislike the slow interface and limited functionality. It is not a fit for all industries.

Review Source

VR

Verified Reviewer  
  
  
Used the software for: 2+ years

### "Best thing since slice bread"

August 19, 2018

5.0

Pros

I have the ability to customize my invoices,ability to take online payments,there are so many great featurea,way too many to list.

Cons

The only con is, there's no way of tracking independent contractors' pay,and thats a big part of my payroll

Review Source

Sarah C.  
Content Writer  
Marketing and Advertising  
Used the software for: Less than 6 months

### "Simple, effective, and helpful"

February 17, 2022

5.0

I have a side hustle that I just needed to keep a strict, separate, and clear eye on for "business" finances, and even though my little side gig is a just me gig, Wave made sure I didn't have to do the bookkeeping/financial stuff alone!!!

Pros

This software LITERALLY does all the work for you and takes all the guess work out of the bookkeeping/accounting side of having a side-gig. I loved how easy it was to get started with and how modern and sleek the user interface was. The realtime monitoring from the dashboard was also a great feature.

Cons

Not all the "features" felt logical, some were clunky and just overcomplicated things (so I just avoided those) and I wish it had a sort of scheduling or "to do" section, but it wasn't missing much and didn't come up short really in any areas.

Alternatives considered

[QuickBooks Online](https://www.capterra.com/p/190778/QuickBooks-Online/)

Reason for choosing Wave

No hidden fees, free means free, and it did everything I needed it to do!

Review Source

ZM

Zan M.  
Owner  
Transportation/Trucking/Railroad  
Used the software for: Less than 6 months

### "Wave gave me false information "

October 14, 2021

1.0

I start using Wave beginning of June 2021. After I billed several of my costumers, they paid using their platform. I never received any money from wave. We have proceed 75K When I ask for my money beginning of July, wave send me an email that theu have to close the account and that their policy is to refund the costumers no later then 65 days of the purchase. However my costumers still haven’t got refunded until today which is 105 days. \[SENSITIVE CONTENT\] again is giving me false information that they have returned the money to my costumers. Wave created a financial chaos in my Company. And still not releasing the payments

Pros

I didn’t like anything about this software

Cons

Very unprofessional stuff. Giving false information

Review Source

PJ

Penny J.  
Director  
Computer Software  
Used the software for: 2+ years

### "Great free option for startups"

April 10, 2018

4.0

This is a great starter finance package for small businesses and offers a great deal of features for free

Pros

Wave offers a great deal of features for free - you only pay extra for payroll & credit card payments It's really easy to use and set up & great for small businesses.

Cons

It can be slow to load at times, and the bank interfaces can be erratic. There are only a limited range of reports available, and no cash flow forecast functionality at present.

Review Source

LG

Lucilla G.  
Owner/designer  
Design  
Used the software for: 2+ years

### "Excellent software for invoicing"

April 11, 2019

5.0

It keeps my invoicing easy and quick. I love that I can create estimates, save them, duplicate them and convert them into an invoice - it really saves a lot of time.

Pros

I've been using Wave for more than 4 years now. I needed and invoicing system, and it's perfect for the purpose. You can also set payment reminders, taking off the pressure of emailing your clients. I then started to keep track of my expenses, submitting digital invoices - you can also take pics with your phone and upload the invoices with the app. If you think it's a free software, it's amazing!

Cons

There's really nothing I don't like about Wave.

Review Source

GJ

Geoff J.  
Owner  
Real Estate  
Used the software for: 2+ years

### "The BEST, most simple accounting software"

March 7, 2019

5.0

With wave accounting I am able to easily create invoices and bills. I am able to effortlessly pay contractors & employees with direct deposit.

Pros

Ease of use, customer service, price, features & design.

Cons

Some solutions require a work around that is not intuitive.

Review Source

Jenna B.  
Musician  
Entertainment  
Used the software for: Less than 6 months

### "Still exploring its features"

March 27, 2021

4.0

It's a free solution to help us track expenses for our taxes, and I hope it will be a good long-term solution.

Pros

I like that they have a free tier so that you can get used to the software and see if it fits your business inexpensively.

Cons

There are a lot of different features, which isn't bad, but it's taking me time to learn how they all work together as someone who isn't very experienced with accounting.

Reason for choosing Wave

It had a free option.

Switched from

[QuickBooks Solopreneur](https://www.capterra.com/p/212141/QuickBooks-Self-Employed/)

Our accountant advised us that she was finding errors with the Self-Employed model, and QB Online was more expensive than we were willing to commit to.

Review Source

Leah C.  
Virtual Assistant  
Photography  
Used the software for: 2+ years

### "Perfect for Non-Accountants!"

October 24, 2018

5.0

Pros

Accounting by Wave is so very simple, even non-accountants can navigate it easily! I am not an accountant, and when I first logged into Wave to keep track of my small business's finances, I was a little overwhelmed. But, with a bit of training, I easily connected our bank accounts, and have been astonished with how fast I learned the system.

Cons

Sometimes I do find that not all transactions are carried over to Wave from my various accounts. That can be a little troublesome in the beginning, when trying to match up all the numbers.

Review Source

VR

Verified Reviewer  
Owner  
Accounting  
Used the software for: Less than 6 months

### "Great Product for the Price"

August 1, 2019

5.0

Less time needed to do the billing. I used to dread doing billing/making invoices and now it is easy! :)

Pros

I really liked the pricing of this product. As a sole prop freelancer I had to keep in mind budget. Other accounting software programs do more, but the price just didn't fit the budget. The recurring invoicing feature sold me on the software.

Cons

In other software that I had looked at purchasing the reports were a little bit more detailed. Reporting of income can be handy, but when budget shopping for software I can live without the reports!

Alternatives considered

[QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/)[QuickBooks Online](https://www.capterra.com/p/190778/QuickBooks-Online/)

Reason for choosing Wave

Pricing, recurring invoicing, the ability to add receive payments by credit card when i get to that point.

Review Source

HR

Heather R.  
coach  
Professional Training & Coaching  
Used the software for: 2+ years

### "created ease and flow with my business and money "

July 13, 2018

5.0

Pros

multiple business with ease personalized custom is beautiful support is great and consistent simple and easy to use

Cons

transactions hard to navigate need a better system to implement bills merge feature would be great

Review Source

CG

Claire G.  
Owner  
Food & Beverages  
Used the software for: 1-2 years

### "Great basic bookkeeping tool"

December 26, 2020

4.0

In my experience its a good basic system for small business owners.

Pros

Wave is a great budget-friendly account software option. Its easy to set up and get started on even if you have limited bookkeeping knowledge, and the reporting tools are really useful. Good for small business owners who want a simple system to use.

Cons

I found it didn't integrate with my bank (a credit union) so I couldn't get the bank reconciliation features set up, which was somewhat frustrating.

Review Source

Permana J.  
Backend Developer  
  
Used the software for: 1-2 years

### "A simple to use accounting software."

January 25, 2018

5.0

Accounting reporting that I can understand.

Pros

Report are very useful for an accounting newbie like me. Zapier integration, so I can integrate my customer data from other CRM system. I use basic features so it's free.

Cons

I'm in South East Asia region, sometime apps takes long time to load. As far as I know, no Android App for the accounting feature.

Review Source

DA

David A.  
Trainer  
Health, Wellness and Fitness  
Used the software for: 1-2 years

### "All i needed for my small business"

August 9, 2021

4.0

Pros

Even in the free version the functionality and capabilities are great, it can compete with paid services. It has allowed me to keep all my finances in line, easily, and stay on top of billing, invoicing and more.

Cons

My bank doesn't allow for account synch to wave, but it seems it's a local issue

Review Source

JP

Jon P.  
Sales  
Apparel & Fashion  
Used the software for: 2+ years

### "Excellent accounting tool for small business"

December 13, 2018

5.0

Pros

Incredibly easy to use interface. Setup is simple, even if you know very little about accounting. It's been a great tool for our small business.

Cons

The receipt capture app offered by Wave still only works half the time.

Review Source

VR

Verified Reviewer  
Owner  
Broadcast Media  
Used the software for: 6-12 months

### "Wave For The Win!"

December 12, 2018

5.0

Pros

As a small business owner this software really comes in handy for keeping track of my accounts and sending out/ keeping track of estimates and invoices 10/10 would recommend to anyone running a small business.

Cons

The feature where you enter your income/expenses separately from invoices is a bit annoying because once you enter your credit or debit and you click save, if you don't create a new income or expense window then it just changes your previous entry that was supposedly "saved "

Review Source

Makinde O.  
Chief Design officer  
Events Services  
Used the software for: 6-12 months

### "Using wave"

April 4, 2020

4.0

Wave has really helped me keep track of my invoices and payments.

Pros

It has a very simple minimalist UI, this makes it easy for first timers to navigate and get started. It is an interesting tool, it is great at keep track of accounting processes and making reports Available by just entering your usual data.

Cons

It is still limited to American or will i say 1st world country banks in terms of integrating bank accounts with the software, 3rd world banks aren’t featured yet

Review Source

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