Small Business Accounting Software Start for Free
Charge for a one-time compliance audit or ongoing site maintenance; you can schedule recurring invoices or send them manually whenever you need to. Xero lets you add unlimited users in all plan tiers and, similar to QuickBooks Online, can grow alongside your business. FreshBooks is an affordable option for freelancers and small service-based businesses that operate mostly on the go. Only integrates with in-house apps, like Wave Payments and Wave Payroll; does not integrate with card readers for in-person payments. «Wave invoicing makes your life a whole lot easier and takes that worry off you. I’ve tried Quickbooks—it’s a bit more complicated and technical, and takes more time to set up.»
Processing fees
Once you’re approved, you can turn payments on or off for any invoice, or pick sales returns and allowances default settings for all invoices. See pending and completed payments from project-based and quarterly clients in one dashboard to identify revenue ebbs and flows and plan accordingly. Track customer views and invoice payments in the Wave dashboard so you always know where you stand with sellers, property managers, buyers and renters.
Professional-grade tools
Our invoicing, online payments, accounting and bank connection features give you a unified view of your income and expenses — no need to log in to multiple apps or tools. Wave’s invoicing is free and unlimited, with customizable templates and a user-friendly interface, putting it on par with some of the best invoicing software solutions for small businesses. Pro plan capabilities include recurring invoicing and the option to let repeat clients opt into automatic credit card billing.
Invoice status
Make it easier for your customers to pay you right from their bank account. Import, merge, and categorize your bank transactions. Our money management tools are easy to use separately and more powerful together. Our money management tools are easyto use separately and more powerfultogether.
See invoice summaries, tap into business reports, receive payment notifications and more using our highly-rated, free mobile app, available on iOS and Android. Similar to other reputable cloud-based accounting software products, Wave encrypts the data you share with it and monitors its server facilities 24/7. Wave Accounting can be a great option if you run a very small service-based business or don’t need more advanced features that alternatives might offer.
You can effectively analyze the financial health of your business, find ways to generate more profit, and move forward with your business plan. It’s hard to beat free accounting software, especially if you’re running a small business on a budget. Wave’s free plan offers a decent number of features, like unlimited invoices, that are not always included with other free accounting software options, let alone paid accounting software plans. It also complies with accounting standards and uses double-entry accounting, which can help ensure accuracy. Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money management tools.
There are also add-on Intuit services like QuickBooks Payroll or QuickBooks Time. Although accounting and invoicing are separated into two different product sections on the Wave website (shown similarly cash flow is below), they don’t require separate accounts. These solutions are integrated within your dashboard and you’ll access them both through your single Wave login.
- This isn’t necessarily a deal-breaker, but it might require a bit more bookkeeping work.
- Wave is PCI Level-1 certified for handling credit card and bank account information.
- Pay per use so you’re only charged when technology clients use this feature.
You can sign up for Wave quickly and easily online. After providing a few basic details about your business — name, type, currency you use, address — you’ll have instant access to your account. Our partners cannot pay us to guarantee favorable reviews of their products or services. We believe everyone should be income statement template for excel able to make financial decisions with confidence. Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay. Get your money faster when you offer customers the ability to pay directly from your invoices, starting at 2.9% + 60¢ per card transaction.