--- description: Review of Wave Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Wave | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Online Payroll Software](/directory/1618/online-payroll/software) > [Wave](/software/18767/wave) # Wave Canonical: https://www.softwareadvice.com.au/software/18767/wave Page: 1 / 70\ Next: [Next page](https://www.softwareadvice.com.au/software/18767/wave?page=2) > Online accounting software that provides features including invoicing, billing, payment tracking, payroll management, finance management, credit card processing, and receipt scanning. Wave Accounting is designed to help businesses streamline bookkeeping processes. With Wave's bank reconciliation tools, businesses can manage all bank account and credit card information in real-time to improve bookkeeping. Businesses can also generate reports that include various data such as sales tax, balance sheet, cash flow, profit/loss, plus more. Wave's dashboard includes an invoicing tool that collects invoice payments. A small business owner can choose customizable invoicing templates based on unique business needs. Invoices can be sent via email and the software's credit card processing feature allows users to collect payments online. Recurring invoices and automatic payment features are available for regular customers. Wave empowers users to keep track of their business's financial health by offering accounting reports. These reports provide insights by allowing for month-to-month or year-to-year comparisons. By identifying cash flow trends, businesses can make informed decisions to navigate their financial landscape. It organizes income, expenses, payments, and invoices through the dashboard. Its security measures assist with the protection of sensitive financial data. Bank data connections are read-only and encrypted using 256-bit encryption. The servers are housed under physical and electronic protection, and Wave is PCI Level-1 certified for handling credit card and bank account information, further enhancing the security of users' financial information. > > Verdict: Rated **4.4/5** by 1720 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 1720 Reviews | | Ease of Use | 4.4/5 | Based on overall reviews | | Customer Support | 4.0/5 | Based on overall reviews | | Value for Money | 4.6/5 | Based on overall reviews | | Features | 4.2/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Wave - **Location**: Toronto, Canada - **Founded**: 2009 ## Commercial Context - **Starting Price**: USD 19.00 - **Pricing model**: Flat Rate (Free version available) (Free Trial) - **Pricing Details**: Wave offers a free version under the Starter plan with basic bookkeeping and invoicing features. The Pro plan is available at $19 USD per month with additional features. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile) - **Supported Languages**: English - **Available Countries**: Australia, Canada, China, Germany, India, Japan, United Kingdom, United States ## Features - ACH Payment Processing - Access Controls/Permissions - Accounting - Accounting Integration - Accounts Payable - Accounts Receivable - Activity Dashboard - Activity Tracking - Alerts/Notifications - Automatic Billing - Bank Reconciliation - Billing & Invoicing - Budgeting/Forecasting - CPA Firms - CRM - Cash Flow Management - Cash Management - Chart of Accounts - Collaboration Tools - Commission Management ## Integrations (6 total) - Gmail - Google Sheets - Microsoft Outlook - PayPal - Shoeboxed - Zapier ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - Chat ## Category - [Online Payroll Software](https://www.softwareadvice.com.au/directory/1618/online-payroll/software) ## Related Categories - [Online Payroll Software](https://www.softwareadvice.com.au/directory/1618/online-payroll/software) - [Payroll Software](https://www.softwareadvice.com.au/directory/318/payroll-software/software) - [Payroll Software for Accountants](https://www.softwareadvice.com.au/directory/3179/accountant-payroll/software) - [Online HR Software](https://www.softwareadvice.com.au/directory/369/web-based-hr-software/software) - [HR Software for Nonprofits](https://www.softwareadvice.com.au/directory/367/nonprofit/software) ## Alternatives 1. [QuickBooks Online](https://www.softwareadvice.com.au/software/393202/quickbooks-online) — 4.3/5 (8393 reviews) 2. [PayPal](https://www.softwareadvice.com.au/software/104664/paypal) — 4.6/5 (26301 reviews) 3. [Abby](https://www.softwareadvice.com.au/software/370101/abby) — 4.7/5 (603 reviews) 4. [Bookipi](https://www.softwareadvice.com.au/software/314679/bookipi) — 4.8/5 (176 reviews) 5. [Xero](https://www.softwareadvice.com.au/software/2976/xero) — 4.4/5 (3273 reviews) ## Reviews ### "It's Been Great for My Business\!" — 4.0/5 > **Amber** | *24 March 2026* | Design | Recommendation rating: 9.0/10 > > **Pros**: I use Wave for my accounting and invoicing software. It's super affordable and easy to implement, which was a great starting point when I launched my business\! The customer support has always been helpful when I've needed it. The option to create recurring invoices has been amazing, as well as the reports I can pull at the end of each year. Super helpful\! > > **Cons**: The auto-import for my bank transactions has not been working for a while, and although Wave Customer Support did what they could, I wish this could be more easily resolved. It's been a bit tedious having to manually import them. I also think that if I'm paying for a Pro subscription, I should have fewer fees being taken out. (I canceled the Pro subscription before the year was up.) Furthermore, the receipt uploading is great except that it creates a new transaction. It'd be nice if it could match the receipt with the transaction, since I will later import all transactions from the bank into Wave and that will cause duplicates. > > It's been a great software to get me started in my business and it's easy for my clients to navigate invoices and payments. That is a win\! I am able to track my spending with categories, as well, and that makes it easier to do my taxes at the end of each year. ----- ### "Wave has been the perfect fit for me" — 5.0/5 > **Kathryn** | *25 February 2026* | Professional Training & Coaching | Recommendation rating: 10.0/10 > > **Pros**: I first started using Wave after trying to learn Quickbooks and finding it frustrating and way too complicated for my small, service-bases business. Wave was free at the time, and it was far more intuitive. I had a couple of questions that were easily answered by searching through Wave's online resources. I'm not a professional bookkeeper, and I felt way more confident using Wave than I did using Quickbooks. I've kept using it for years even after there was a cost to do so because it was definitely worth it. It continues to be easy to use, and now that I have a part time bookkeeper who helps me out, it lets us collaborate very well. > > **Cons**: Wave's integration with my bank has not always worked effectively, and that has caused some problems. I'm not clear on whether it's my bank or Wave that's the issue, but a couple of times, the integration stopped working then started working again, and this resulted in some duplicate entries that had to be cleared out. It was simple enough to fix but irritating. > > Overall, if I had to set things up all over again, I would still pick Wave. It's been an excellent fit for my business. ----- ### "Happy wave user" — 5.0/5 > **Hilary** | *19 March 2026* | Marketing & Advertising | Recommendation rating: 10.0/10 > > **Pros**: Wave offers free, easy-to-use accounting tools that are perfect for small businesses needing invoicing and expense tracking > > **Cons**: Features are more limited compared to paid platforms, and customer support options can be slower at times. > > Overall, Wave is a great value solution that covers essential accounting needs without overwhelming smaller businesses. ----- ### "Wave Accounting App." — 5.0/5 > **William E** | *28 January 2026* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: I use the free Wave App. I bookkeep for two small businesses and the fact that is free is my favorite feature. I have generally had no issues with the program and when I did have one (the only one), the company support was able to resolve the issue for me in only one call and I've never had an issue again. > > **Cons**: One feature that I would appreciate would be to have an auto-fill feature. For example, I have many entries that are identical except for the date and amount. It would be helpful if it could auto-fill a name or entry after it recognizes the first few letters. > > I've been using WaveApps for several years now and have been very satisfied with the ease and accuracy of the site. I would recommend it to any small business as an excellent and cost-effective accounting site. It has many features that I don't take advantage of, but likely would if I had a larger business. I gave it 5 stars and would definitely recommend it. ----- ### "Meets most of my needs\!" — 4.0/5 > **Kristyne** | *24 February 2026* | Hospitality | Recommendation rating: 7.0/10 > > **Pros**: Wave automatically imports my transactions from my financial accounts (bank accounts, credit card, etc.) to streamline my financial reporting. I love that I can see how much income, expenses, and profit I made in each period and compare it prior periods. My monthly subscription is $19, which feels like a great value. > > **Cons**: I tried to set up a way to send invoices and receive payments through Wave, but even after I was approved, they removed my access due to a blanket assumption around travel agencies. I now need to use an alternative solution for invoicing and collecting payments. ----- Page: 1 / 70\ Next: [Next page](https://www.softwareadvice.com.au/software/18767/wave?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/18767/wave) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | | fr | | ----- ## Structured Data