Send invoices whenever and wherever you want with Wave’s free app for iOS and Android. Between the app and the payment process—I can’t tell you the hours it’s saved, and even the headaches that have gone away because of it. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. After creating your account, everything’s set up so you can get started right away. Your data is always available, and it’s backed up for extra peace of mind.

Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments. Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. You can accept credit cards and bank payments for as little as 1%2 per transaction. 1 Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments. Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage.

• Accounting software like Wave can also seamlessly connect with your bank accounts so you can automate tasks like recording transactions and generating reports.
• For more information, see the developer’s privacy policy.
• Automated, accurate payroll helps you stay compliant, save time, and be stress-free.

All payments are subject to a risk review and periodic credit risk assessments are done on business owners because we need to cover our butts (and yours). In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s. You technically can process payroll without using software, but this can be risky, especially for employers who don’t have the time or accounting skills to process payroll correctly.

See our step-by-step guide on how to import bookkeeping data into Wave here. Bank data connections are read-only and use 256-bit encryption. Servers guiding cost principles are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information.

Automatic tax remittances

When everything is neatly where it belongs, tax time is simple. Wave’s smart dashboard organizes your income, expenses, payments, and invoices. The transactions will appear in your bookkeeping automatically, and you can say goodbye to manual receipt entry. Wave is one-stop money management for small business owners.

• A common issue when invoicing in Microsoft Word, Excel, or other DIY solutions is making calculation errors.
• Payments are a pay-per-use feature; no monthly fees here!
• The proper tax forms—1099 in the US and T4-A in Canada—are also generated for you.
• Your deposit times may vary based on your financial institution.
• For information on credit card rates, visit the pricing section for details.

Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information. Your employees can log into Wave securely to access their pay stubs and T4s, and manage their contact and banking information. Transactions will appear in your books automatically, and you can say goodbye to manual receipt entry. Our servers are protected physically and electronically. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. If you’re interested in our payroll software, you can start a free 30-day trial when you sign up for Wave.

Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!). Wave Payroll supports paying both employees and independent contractors when you run payroll. The proper tax forms—1099 in the US and T4-A in Canada—are also generated for you. In self-service states (all other 36 states) Wave Payroll does not make payments or file on your behalf. Automated, accurate payroll helps you stay compliant, save time, and be stress-free.

Create and send professional invoices to your customers in seconds. Ditching spreadsheets for business accounting software can help you organize your financial documents and statements, reduce headaches during tax season, and remove unnecessary manual work. You can connect nearly 10,000 different bank and credit card accounts with Wave, so your financial transactions import automatically to make your bookkeeping simple. Upon processing your first payroll, you can use Wave Payroll for up to 30 days, commitment-free. At any time, you can activate to start your billing cycle and gain access to items like tax filing and approving payrolls beyond the current month. See our full US terms here, and our full Canadian terms here.

Organized and stress-free small business accounting

Add credit cards and bank payments to get paid even faster, for a low, pay-per-use fee. Approval is subject to eligibility criteria, including identity verification and credit review. Payments are a pay-per-use feature; no monthly fees here! Your deposit times may vary based on your financial institution.

‍2 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details. All your invoicing and payment information automatically syncs with our free accounting software included with your account. Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments.

Employee access

Have an eye on the big picture so you can make better decisions. Our accounting reports are easy to use and show monthly or yearly comparisons, so you can easily identify cash flow trends. Track your income and expenses, easily and for free, with Wave’s accounting software. We built our Payroll tool for small business owners, so it’s easy to use AND teaches you as you go. Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay. Our bookkeeping and banking tools can be used separately or together for maximum control of your business finances.

Button up your business with professional invoices.

Only pay for what you use and simplify annual audits with workers’ comp built for small business owners. Easily monitor and keep track of what’s going on in your business with the intuitive dashboard. The quick summary allows you to stay in control of your business finances, including a task list of outstanding items. Keep compliant and save time by having Wave handle your Canada Revenue Agency tax remittances on your behalf. The developer, Wave Financial Inc, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Deposits are sent to the debit card linked to your account in up to 30 minutes. Deposit times may vary due to processing cutoff times or third party delays. Sign up for a free Wave account and send your first invoice right away—it only takes a few minutes!

I look at the dashboard and know how many invoices are on the way, when they should be paid, and the average time it takes someone to pay. It keeps me on track and takes a lot out of my hands. Wave Money is currently available to single-owner businesses in the United States with a Wave account. Once you create an account, we’ll notify all new eligible businesses by email. You’ll be able to download the Wave mobile app directly from your email or you can learn more within your Wave account. Save time chasing customers by setting up automatic payment reminders.

Priced right for small businesses

These 14 states include tax services with the option to automatically transfer tax payments and file the paperwork with your state tax office and the IRS (this excludes 1099 Filings). Our payroll software is seamlessly connected with the rest of your Wave account to reduce the time you spend on manual bookkeeping. A common issue when invoicing in Microsoft Word, Excel, or other DIY solutions is making calculation errors. Wave’s invoicing software for small businesses removes the worry of making these errors because calculations are done for you, including the taxes. All your invoicing and payment information automatically syncs with the free Wave Accounting software included with your account. Save time when you send automatic payment reminders in your Wave account.