Wave Accounting Review

Product Snapshot

Product Pricing

Free

Technology

Product is available as a SaaS solution.

Customer Focus

Vendor works with small businesses across a variety of industries.

Select Customers

Contact vendor directly for case studies.

About Wave Accounting

Wave Accounting is small business accounting software that enables users to track income and expenses, prepare for tax filing processes, and maintain visibility and understanding of full business status. The platform is designed to support non-accountants and those not familiar with accounting jargon, connects to the user’s bank account and credit card accounts, and automatically imports all transactions into the bookkeeping system.

The software is equipped with smart dashboards that provide users with company financial insights, manages accounting information throughout the year in preparation for tax season, and is PCI Level-1 certified for handling credit card and bank account information. Additionally, the platform is a double-entry accounting solution, generates automatic reports including P&L, sales tax reports, and balances sheets, and facilitates collaboration processes with business partners, assistants and accounting professionals.

About the Company

Wave was founded in 2009 and is headquartered in Toronto, Ontario.

Wave Accounting Key Features

256-bit encryption and all servers housed under both physical and electronic protection
Built-in invoicing tools
Receipt scanning capabilities
Built-in payroll services
Supports multiple currencies, international bank connections and regional sales tax/VAT