Allows an unlimited number of users in the Pro plan, but is not complex enough for businesses with more than a handful of employees; ideal for very small service-based businesses, freelancers or contractors. We provide different levels of support, depending on the plan and/or the add-on features you choose. Yes, switching true or false investing activities involve the buying or selling of land buildings equipment and other longer-term investments from other accounting apps or products to Wave is easy! See our step-by-step guide on how to import bookkeeping data into Wave here.
Track expenses in your sleep
Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. Whether you’re at your desk or at the coffee shop, create professional estimates in just a few taps—on desktop or Wave’s mobile app. NerdWallet independently reviews accounting software products before determining our top picks. We collect the data for our software ratings from products’ public-facing websites and from company representatives. Information is gathered on a regular basis and reviewed by our editorial team for consistency and accuracy. Can manage multiple businesses for free under one account; lacks project tracking tools, industry-specific reports and transaction tracking tags.
How to get Wave’s mobile receipts feature
There are also add-on Intuit services like QuickBooks Payroll or QuickBooks Time. Includes tools that help automate the reconciliation process and auto-categorizes transactions for you in the Pro plan, but you can’t set up your own bank rules; no global search function. Wave’s bookkeeping software is built for small business owners. Be your own bookkeeper, thanks to Wave’s automated features, low cost, and simple interface.
Capture and upload receipts on-the-go with change in net working capital Wave’s mobile app. The feature is designed for busy freelancers and small business owners who use Wave’s free accounting software. You’ll never have to deal with paper clutter or inaccurate records again.
In addition, Wave’s mobile app lets you send invoices and track payments on the go. The app offers a receipt scanning feature as well, but you have to pay a subscription fee to access it. There’s a fee involved with accepting online invoice payments, too. Customers can pay via credit card, bank payment or Apple Pay. Accounting software helps business owners understand how money flows in and out of their businesses.
We believe everyone should be able to make financial decisions with confidence. It’s always available, and it’s backed up for extra peace of mind. Yup, our mobile receipt feature can be accessed in our Wave app, on iOS and Android.
Keep track of your business health
- Wave’s bookkeeping software is built for small business owners.
- Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends.
- The import from contacts button does not work at all and the layout to get to customers invoice is great after learning where it is.
- Once you’ve created a receipt with our receipt maker, you’ll be able to download a PDF copy of the receipt or get the PDF emailed to you directly.
- Learn more about how we rate small-business accounting software.
The developer, Wave Financial Inc, indicated that the app’s privacy practices may include handling of data as described below. Track income and expenses in your sleep, in one stakeholder definition place, and avoid tax season nightmares. All details can be found on the “Subscriptions and Billing” page in your Apple account, or the “Find your purchases, reservations & subscription” page in your Google account. Upload your receipts your way—then sit back and let Wave auto-magically turn them into bookkeeping records.
Create and send estimates as PDFs or links
A receipt typically includes the date, a description of the item the buyer purchased, and information about the method of payment. It is an acknowledgment from the seller to the buyer that the seller has received payment for a good or service. After providing a few basic details about your business — name, type, currency you use, address — you’ll have instant access to your account.