# Page 38 | Wave Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Page 38 - 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

---

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/)

* * *

Last updated March 13th, 2026

# Page 38 - Reviews of Wave

## Showing most helpful reviews

Showing 926-950 of 1719 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

VR

Verified Reviewer  
President  
Management Consulting  
Used the software for: 1-2 years

### "A Must Have for Startups"

July 18, 2019

5.0

Fantastic. I tried QuickBooks online first and got overwhelmed. SharedEconomy CPA recommended it during an Upwork webinar and I made switch immediately. I haven't regretted it since.

Pros

It is so easy to use and virtually free expect, they charge a fee to receive payments. Otherwise, I can invoice, track sales and purchases, run P&L reports, etc all for free.

Cons

I hope the free features and functionality doesn't change now that Wave Apps has been sold to H&R Block.

Reason for choosing Wave

NA

Switched from

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

QuickBooks was too overwhelming and pricey.

Review Source

EB

Erica B.  
Casting Director  
Entertainment  
Used the software for: 6-12 months

### "Prefer Wave over Square"

December 10, 2019

5.0

I switched over from Square (which I never really loved) - Wave seems to have more options and capabilities, which I really like.

Pros

Wave has an incredible number of options for your sales. I like that you can use it as regular invoicing software (generating a good-looking PDF), you can allow for online payments (which transfer quickly to your bank account,) and I particular like the Checkouts option - it allows you to post a link and let people buy/pay for your good or service without invoicing them, which is super handy.

Cons

Sometimes I'm moving too quickly and forget that I need to "create" a new item or customer and it kicks me back to a blank field.

Review Source

AL

ABe L.  
IT Admin  
  
Used the software for: 2+ years

### "Great free accounting"

March 6, 2018

5.0

Pros

I use Wave for accounting on daily bases, Cloud hosted means we can login from around the globe and on the go, Love the simple invoices, send to clients, with option to pay, Also good to keep track of bills as well as good reporting

Cons

Nothing not to like, as its free, What could improve is credit card service customer support, slow to reply to message

Review Source

VR

Verified Reviewer  
Co-Creator  
Entertainment  
Used the software for: 2+ years

### "One of my favorite pieces of Wave Apps!"

February 13, 2018

5.0

Pros

The Payroll section of Wave is wonderful. After getting it setup it only takes minutes to enter in timesheets and run it.

Review Source

JN

Jennifer N.  
  
Marketing and Advertising  
Used the software for: 2+ years

### "Love Wave App!"

September 12, 2017

5.0

Pros

It's a great software for billing and invoicing clients, vendors, employees, and independent contractors. I love the ability to send the invoices via email and getting paid within the system. It's simply, easy to use and have a variety of features including, connecting your financial institution to the app for payment, saving and exporting data and interface is very clean.

Cons

The mobile interface does not work very well. The app sometimes crashes. Other than that, there no other cons with the software.

Review Source

VR

Verified Reviewer  
Owner  
Electrical/Electronic Manufacturing  
Used the software for: 6-12 months

### "Love it, Minus Some Quirks"

December 6, 2018

4.0

Pros

Free fully-featured accounting software. Where else can you get that? It's hard to beat!

Cons

It claims to feature a PayPal integration, but handles the accounts very poorly. If I transfer funds from PayPal to my bank, it registers the bank transaction, but leaves the money in the PayPal account. It can't even ping the PayPal balance so I have ghost money in accounts that I have emptied into my main bank account. Very frustrating!

Review Source

AB

Amanda B.  
Owner  
Health, Wellness and Fitness  
Used the software for: Less than 6 months

### "Great Accounting on the Cheap for Small Businesses"

November 24, 2021

5.0

I like using this program, and I find it is very affordable. I also used it for payroll, and although it doesn't do this automatically in my state, I found it was very easy to use. It also has reminder emails set up for generating payroll and paying taxes which I appreciate.

Pros

I like how it is integrated with my bank, I'm able to upload images of my receipts or the receipts themselves which makes accounting/auditing easier.

Cons

It is difficult to navigate and find some of the features such inputing an independent contractor.

Alternatives considered

[QuickBooks Online](https://www.capterra.com/p/190778/QuickBooks-Online/)[Xero](https://www.capterra.com/p/120109/Xero/)

Reason for choosing Wave

Cost and trust in an independent company.

Review Source

AB

Alissa B.  
CPA and Cloud Accountant  
Accounting  
Used the software for: 1-2 years

### "Wave is a great option for Canadian businesses!"

August 16, 2017

5.0

Pros

I love the payroll functions and overall ease of use. Wave offers connection to your bank so transactions are downloaded automatically and also has Canadian payroll.

Cons

Not as robust as some other platforms but it is improving by leaps and bounds while others stay stagnant. And it gets the job done and done well!

Review Source

JA

Josh A.  
Digital Marketer  
Marketing and Advertising  
Used the software for: 2+ years

### "I've been using Wave for about 4 years. It's a great free alternative to QuickBooks."

July 4, 2018

5.0

Easy-to-use accounting software that saves a lot of time and makes accounting simple.

Pros

Wave is easy-to-use and has most of the features a small business will need. You can connect your online accounts to automatically track your transactions. You can send invoices and recurring invoices to clients.

Cons

The transaction categorization could use some improvement. It would be nice if the platform recognized certain merchants after you used them before (i.e. HostGator would be categorized as "Hosting" instead of "Uncategorized"

Review Source

VR

Verified Reviewer  
Executive chef  
Food & Beverages  
Used the software for: 6-12 months

### "do not waste your time."

January 11, 2023

1.0

Pros

Nothing, the service was lackluster and offered little positives.

Cons

Bad customer support, bad functionality, features we paid for were never given to us; pricing is very deceptive and increased with little notice. Extorted us to keep us with them by refusing to issue our T4's if we cancelled our subscription.

Review Source

MJ

Mark J.  
Manager  
  
Used the software for: 2+ years

### "Very easy to use, can't believe it's free!"

May 15, 2017

5.0

Pros

The fact that it's free is a starter. It has quite a bit of functionality. It's a clean layout and easy to access. I absolutely love how easy it is to generate a new invoice, it stores all the previous customers information in the system. You get to choose different invoice layouts. Automatic payment reminders to customers.

Cons

It could use some extra reporting features (example: cash flow). Doesn't have "e-transfer" as a payment method. It disconnects from my bank account randomly. They switched payment providers a few times, causing extra time for me to fill in my bank account information. There should be an option to pay to remove company logo from emailed invoices.

Review Source

KIM

Kutosi Ivan M.  
Software engineer  
Computer Software  
Used the software for: Less than 6 months

### "easy accounting software"

May 13, 2023

5.0

Pros

The software is so easy to use for accounting and have a good user interface for quicker navigations

Cons

The pricing of the software is so horrible to me and does affect our small business

Review Source

KG

Kalman G.  
Creative Director and Project Manager  
Marketing and Advertising  
Used the software for: 1-2 years

### "This is very DIY and was missing important things"

January 15, 2020

3.0

Pros

Price. Seemed like less $ than other services. We were using Wave for accounting and that software has more good things going. For someone with a DIY mentality around Taxes and regulatory alignment, I guess this could be ok.

Cons

They missed some notes about things we need to file and it cost us money and time.

Review Source

PO

Philip O.  
Owner  
Music  
Used the software for: 2+ years

### "It's been so helpful"

October 31, 2019

5.0

For a company offering a free service from Canada, I can't say enough. It has enough features to meet all my needs without being overwhelming. I rely on it come tax season and for a fast historical business snapshot. Wave has a modern interface and I find navigation pretty intuitive. I used the knowledge base a few times in the beginning. I don't even know if they have webinars(probably) but id be interested in what's new or upcoming. They were recently acquired which is worrisome from a free everything stand point 🤗.

Pros

The time it takes to reconcile accounts for a non accountant. It's quick, id say 30 minutes for a month of transactions. Its free You can charge customers through their payment processing system I love the reporting features

Cons

I struggled to connect the business PayPal in the beginning for daily transactions to flow automatically. Honestly, that was a blessing because PayPal was a flow through account and uploading an ofx file is a breeze.

Review Source

VR

Verified Reviewer  
Digital Marketing Specialist  
Marketing and Advertising  
Used the software for: Less than 6 months

### "Wave is better than Xero & QuickBooks"

February 7, 2020

5.0

My overall experience has been spectacular. It was easy for me to add bank accounts and integrate other key extensions. I prefer this over Xero only because it's free and easy to use on both mobile and desktop. It's packed with many things that I still have to explore when I get the chance. I think everyone should give this software a shot before they decide on moving on to a paid platform.

Pros

I like that it's completely free and has many easy aspects of adding receipts, reporting, tracking your expenses, bank accounts and more. I compared it with other bookkeeping software and Wave is the best because it's free and does the same things as other platforms but more. I will mainly be using this in my business to keep track of taxes and file it accordingly.

Cons

There are no cons for me for this software as I recently started using it. I think the only thing they should do is continuously adding more features and updates.

Alternatives considered

[QuickBooks Online](https://www.capterra.com/p/190778/QuickBooks-Online/)[Xero](https://www.capterra.com/p/120109/Xero/)

Reason for choosing Wave

Simply because it was free and has everything I need in it to manage and keep track of my small business.

Review Source

KL

Kazim L.  
director  
Media Production  
Used the software for: 2+ years

### "Excellent For the Self Employed"

November 8, 2018

5.0

Its a great system which has save me loads of time and made me more commercially minded as a result. It's so empowering and makes book-keeping and annual reporting so easy, I am even thinking of ditching my accountant.

Pros

Revolutionized my book-keeping. Really easy to use. I set up all my bank connections quickly (including paypal which is a real bonus). It's really easy to then reconcile your income and expenses and report at the end. It automates and streamlines book-keeping and actually makes the accounts seem quite interesting.

Cons

The invoicing feature is not that attractive. A bit too pricey for my liking and not easy to set up. I don't use it personally, but that's mainly because I already use another payment system for that.

Review Source

VR

Verified Reviewer  
Founder  
Marketing and Advertising  
Used the software for: 1-2 years

### "Too bad they made it USA only"

June 29, 2021

5.0

Worked well, didn't charge much, had everything I needed in one place.

Pros

It was a breeze to use and the templates and automations made my life super easy! All my clients liked the invoices they received!

Cons

The worst thing about Wave Apps is that they decided to stop supporting the software for anyone outside the USA :(

Review Source

JE

Justin E.  
Owner  
Information Technology and Services  
Used the software for: 2+ years

### "Best free accounting software"

October 16, 2018

5.0

Wave makes it easy to manage your money, without having to spend more on software.

Pros

It's easy to use, and since it's web based, it is available on any device. It integrates with banks accounts and auto-imports transactions.

Cons

It always recommends you to use their paid services, which is totally understandable, and is even done in a fairly non-intrusive way.

Review Source

MG

Morgan G.  
Office Manager  
Construction  
Used the software for: Less than 6 months

### "Great Product for Small Business"

July 6, 2023

4.0

Overall Wave provides everything a small business needs in one place, for free. With options to get more features like payroll, scan and go receipt tracking, and online payments.

Pros

Easily start using this product with minimum accounting knowledge or experience - free version gives you the ability to track all you expenses and income, connect or bank account or upload statements, reconcile your accounts, customize and send invoices, generate financial reports and the dashboard provides an easy to read overview of you profit and loss, money in and out, more.

Cons

Wave only provides 3 templates to customize your invoices from - and financial reports cannot be modified. i.e. a certain expense category that should be in the COGS section of my report is in the operating expenses and is not able to be moved. However, all these features are for free.

Review Source

VR

Verified Reviewer  
Customer Success Manager  
  
Used the software for: 1-2 years

### "Free accounting software does exactly what it says on the tin"

February 8, 2018

4.0

Pros

The automated reports and data pulling from bank accounts is very useful for bookkeeping, it saves a lot of time for small businesses

Cons

Adding and removing banks accounts is not clear and doesn't always work, you may end up with multiples of the same account!

Review Source

JD

Justin D.  
Co-Owner  
Health, Wellness and Fitness  
Used the software for: 1-2 years

### "All the features we need, and it's free!"

February 23, 2021

5.0

We switched our small business accounting from QuickBooks to Wave and couldn't be happier with the decision. It has all the accounting tools and reports we used in the other accounting service, it's easier for us to use. The menus are self explanatory. When I've needed help or had questions, they have always responded within minutes! Which was really surprising. They keep adding new services, including doing your business taxes this year. They also have the option to hire a professional bookkeeper if you prefer.

Pros

\-Ease of use -Can link bank account -Find it easier to use than QuickBooks -1099's only a $5 fee to file electronically

Cons

\-Sometimes the bank link can be finicky, ie: take awhile to transfer transactions. This may be due to our bank, I can not be sure. It does not happen all the time.

Review Source

LS

Lesley S.  
CEO  
Management Consulting  
Used the software for: 2+ years

### "Good software for the price"

August 16, 2022

4.0

I used it for the retail side of my business to track income and expenses.

Pros

It's relatively inexpensive for the features

Cons

It wasn't robust enough for my agency's needs.

Review Source

VR

Verified Reviewer  
Chief Marketing Officer  
Consumer Goods  
Used the software for: 1-2 years

### "Great Solution for Our Small Business Accounting"

January 24, 2019

5.0

Pros

Great interface and layout. Easy to understand reports. General ledger is simple to implement. I like that it syncs with my banks.

Cons

There was just a tiny learning curve to figure out how to set up new categories, but once I figured it out, no problem.

Review Source

HM

Haesun M.  
Program Director  
Primary/Secondary Education  
Used the software for: 1-2 years

### "Comprehensive tool for those who don't comprehend accounting "

November 17, 2017

5.0

Pros

I really like the ease of setting up shop (so to speak) and easily put in all the information. For the fee-for-service features like payroll, it is reasonable and easy to use, and the invoicing is made so easy with templates, automated reminders and receipts.

Cons

I wish there was a feature that allows more than 1 account holder to modify/manage the account. As a collaborator, I don't have access to the payroll and my partner finds it a bit overwhelming that we can't both do it.

Review Source

LA

Lee A.  
Founder  
Real Estate  
Used the software for: 2+ years

### "Wave Apps is great for our small business"

November 11, 2016

5.0

We've been using Wave Apps for a few years and it's a great tool for managing finances and basic P&L data. It pulls expenses and income direct from bank accounts and credit cards and makes it easy to categorize them. The reporting tools are easy to use, but powerful and more flexible than other tools we tried - especially the free ones. The integrated invoice system is great and easy to set up with Stripe (no additional charge beyond what Stripe costs). Only contacted support once, but got great, quick responses.

Pros

It's very easy to use and allows you to add categories and category names.

Cons

none

Review Source

Similar Products

Featured