Doing payroll manually involves confusing and time-consuming calculations. 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. Only pay for what you use and simplify annual audits with workers’ comp built for small business owners.
- Track your income and expenses, easily and for free, with Wave’s accounting software.
- There are no trials or hidden fees, and it includes all the key features you need to keep your books accurate and run your business smoothly.
- Say #sorrynotsorry to your spreadsheets and shoeboxes.
- Payroll software saves you time so you can focus on the best parts of running your business.
- Payments are a pay-per-use feature; no monthly fees here!
It replaces the time-consuming method of collecting receipts in a drawer and manually tracking revenue and expenses in a spreadsheet or with pen and paper. When everything is neatly where it belongs, tax time is simple. Wave’s smart dashboard organizes your income, expenses, payments, and invoices. 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. Email invoices with a secure “Pay Now” button after you’ve enabled the online payments option.
Impress your customers with professional invoices
Wave’s invoicing software for small businesses removes the worry of making these errors because calculations are done for you, including the taxes. 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.
Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money tools. There are no trials or hidden fees, and it includes all the key features you need to keep your books accurate and run your business smoothly. Our double-entry accounting software is trusted by over 2 million small business owners. Create and send customized invoices, estimates, and receipts in seconds.
Start sending invoices in minutes.
Track the status of your invoices and payments so you can stay on top of your cash flow. 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. With the Wave Money business banking account, managing your business finances is a breeze. 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. 2 Rates are 1% for bank payments (minimum fee of $1).
Recurring billing for repeat customers
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. Easily monitor and keep track of what’s going on in your business with the intuitive dashboard. The quick summary process costing definition and meaning allows you to stay in control of your business finances, including a task list of outstanding items. 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.
Look professional with customizable invoices
Unlimited invoicing, accounting, and expense tracking are included, 100% free. If you’re on-the-go, you can also send invoices from your phone or other mobile device using the Wave app. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. Your complete invoicing and billing process is now on your phone. Create, customize, and send invoices from anywhere.
Automate overdue reminders, set up recurring bills, and add notes or terms of service with ease. Wave is one-stop money management for small business owners. Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection.
Beautiful, professional invoicing
With Wave, your invoices and payments automatically flow into your accounting records. You’ll never lose track of payments again, and you’ll be all set at tax time. Show clients they’re in good hands by sending business invoices, estimates, and receipts. Automate overdue reminders and credit card payments to reduce friction and focus on the work.
Connect your bank accounts in seconds with the Pro Plan. The transactions will appear in your bookkeeping automatically, and you can say goodbye to manual receipt entry. Every invoice paid means more revenue coming into your small business. Create and send professional invoices to your customers in seconds. Accounting software helps business owners understand how money flows in and out of their businesses.
2 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details. 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. Enable invoice payments through credit card, bank and Apple Pay. Pay per use so you’re only charged when technology clients use this feature.
Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. Electronic invoices are created with online invoicing software or other cloud-based services, which makes it easy to automate the invoicing process. 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.
