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Wave Financial is unique for several reasons. The biggest reason? It’s free! You only pay credit card and ACH transaction fees, plus a nominal fee for payroll if you need it. It’s a full double-entry accounting system, not just an invoice tracker.

Wave accounting dashboard

Wave isn’t as full-featured as QuickBooks, but if you’re a small business on a budget, this one might be for you. It does review well and has a somewhat passionate following online.

Wave for Personal Accounting

Wave Financial would be a good app for personal finances if it’s not robust enough for your business needs. Since it’s already free, you don’t need to worry about a free trial. Load it up and see if it will work for you!

As in previous articles, I recommend you discuss this with your accountant if you’re planning on using this in business.

If you need help setting up your accounting software, please give us a call. We can help!

This is Part 5 and the final post in our Cloud Accounting series. If you’d like to read more, here are links to Part 1, Part 2, Part 3, and Part 4.

 
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