Wave: Small Business Software

Payments are a pay-per-use feature; no monthly fees here! Your deposit times may vary based on your financial institution. 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. 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.

Our payroll software is seamlessly connected with the rest of your Wave account to reduce the time you spend on manual bookkeeping. Online payments allows you to get paid quickly by bank deposit, credit card, and Apple Pay. The right small business accounting software can take the stress out of balancing your business’s books, separating your business and personal expenses, and prepping your business for tax season. 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. 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). Email invoices with a secure “Pay Now” button after you’ve enabled the online payments option.

You can accept credit cards and bank payments for as little as 1%2 per transaction. We provide different levels of support for customers who use different features and services from Wave. Full details on how Wave support works are available here. Approval is subject to eligibility criteria, including identity verification and credit review.

Create invoices quickly

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. Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you. Create beautiful, free invoices that reflect your business branding. Automate overdue reminders, set up recurring bills, and add notes or terms of service with ease. Wave Payroll supports paying both employees and independent contractors when you run payroll.

All your invoicing and payment information automatically syncs with the free Wave Accounting software included with your account. Every invoice paid means more revenue coming into your small business. Create and send professional invoices to your customers in seconds. The right software helps business owners quickly categorize transactions and generate financial statements. These include cash flow reports, balance sheets, profit and loss statements, and expense breakdowns.

  • Electronic invoices also provide small business owners with professional-looking digital invoices that their customers can pay easily online through a system like Wave’s online payments.
  • Deposit times may vary due to processing cutoff times, third party delays, or risk reviews.
  • You can also set up recurring payments, auto-reminders, and deposit requests to make sure you always get paid on time.
  • Deposit payments quickly, reliably, and directly into your employees’ bank accounts.
  • Payments are a pay-per-use feature; no monthly fees here!

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. Save time when you send automatic payment reminders in your Wave account. Whenever a payment is due, your customers will get an email reminder.

Payment solutions for your business

Set up invoice reminders to automatically email your customers when payment is due. Allow your customers to pay your invoices immediately via credit card, secure bank payment (ACH/EFT), or Apple Pay. You don’t have to wait for a new quarter or year to start using payroll software—you types of budget in accounting can start running payroll at any time! And if you’re switching providers, you can make the transition easily by importing all the necessary forms and information in just a few minutes. Check out our handy support article to learn how you can switch to using Wave’s payroll feature.

Monitor your cash flow, stay organized, and stop sweating tax season. Say #sorrynotsorry to your spreadsheets and shoeboxes. Keep compliant and save time by having Wave handle your Canada Revenue Agency tax remittances on your behalf. 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.

App support

Wave has helped over 2,000,000 North American small business owners take control of their finances. It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point. 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. After creating your account, everything is set up so you can get started.

Wave invoices are integrated with our free accounting software, so payments are recorded and categorized for you – which means less bookkeeping and tax season prep. Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments. Switch between automatic and manual billing whenever you want.

Manage accounts receivable effortlessly

Invoicing, payments, and banking all in one place that saves you time, gets you paid, and makes money management easy. Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money tools. 2 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit the pricing section for details.

Automatic tax remittances

Payroll software saves you time so you can focus on the best parts of running your business. And, in the long run, an online payroll software provider like Wave can save you a lot of money by reducing human error so you can avoid tax penalties (and who doesn’t love saving money?). Instant Payout is an additional service offered by Wave subject to user and payment eligibility criteria. A 1% fee is applied to the amount you withdraw from your available balance (minimum fee of $1), in addition to regular processing fees.. 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.

Deposit payments quickly, reliably, and directly into your employees’ bank accounts. Customers can pay instantly by credit card or Apple Pay when they view the invoice online. The rate that you charge for your freelancing services can vary, so it’s important to get a grasp of market trends before sending your clients an invoice or quoting a price. Freelance rates can differ depending on experience level and industry. For example, the rate a freelance web developer charges may be different than that of a freelance graphic designer, because each freelancer specializes in a different area.

Payments are a pay-per-use feature; no monthly fees here! Your deposit times may vary based on your financial institution. 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…