If you have a question or issue, you can browse the help center or reach out to Mave, 1800accountant customer service number the automated chatbot. If you do want live support, you’ll need to invest in an Advisor or paid service. Moreover, you can integrate QuickBooks with hundreds of third-party tools available in the app marketplace.
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. Our partners cannot pay us to guarantee favorable reviews of their products or services. We believe everyone should be 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. Today’s leading accounting platforms offer standard security features, such as data encryption, secure credential tokenization and more.
Keep track of your business health
Wave is PCI Level-1 certified for handling credit card and understanding profit and loss reports bank account information. Have an eye on the big picture so you can make better business decisions. 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.
- It’s also intuitive so you don’t need to be an accountant to use it successfully.
- While Wave is free to use, it doesn’t offer multiple plans to increase its functionality.
- You can enjoy features such as unlimited income and expenses tracking, digital receipt upload and transaction management and access its invoice mobile app at no cost.
- However, like most products with free plans, Wave has its limitations, especially compared to more scalable small-business accounting software.
App support
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. Not being able to see or input the expenses unless I pay for the quick receipt plan in app is kind of a bummer. I’m glad the option is still available online and the system works great and the amount of different charts available is super helpful. Wave’s software is simpler—designed for easy use for freelancers and small businesses—while QuickBooks’ platform is designed to cover complex business needs and grow as your business grows. If you’re a freelancer or other solo service provider, Wave is a better option. Read our Wave vs. QuickBooks review to learn more.
How is Wave different than QuickBooks?
Plus, you can calculate sales tax automatically, customize payment terms and enjoy access to easy-to-understand cash flow insights. It also features a well-laid-out, clutter-free how job costing works in cost accounting dashboard with individual tabs for sales, purchases, accounting, banking, payroll and reports. Once logged in, your main dashboard will show your cash flow, profit and loss, invoices, bills and other financial insights.
Accounting software to keep you organized
Compared with free software like Wave, QuickBooks plans are expensive. The most basic plan, Simple Start, costs $30 per month, and the top-tier Advanced plan costs $200 per month, which is a sizable investment if you’re running a business on a tight budget. 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. Yes, switching 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.
We built our payroll tool for small business owners, so it’s easy to use AND teaches you as you go. Explore more details on the competition in our full roundup of the best accounting software for small businesses. Although accounting and invoicing are separated into two different product sections on the Wave website (shown similarly 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. When you reconcile your books, you’ll navigate to the “Reconciliation” tab within the Accounting menu. If you need to manually edit, add or remove any transactions, you can do so on the Reconciliation or Transactions pages.
Before you commit to accounting software, it’s in your best interest to shop around and compare all your options. Unlike QuickBooks and FreshBooks, Wave Accounting is completely free to use. It can allow you to manage all your accounting processes without paying a dime.
