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.
Automate overdue reminders and credit card payments to reduce friction and focus on the work. However, like most free products, Wave has its limitations, especially compared to more scalable small-business accounting software. One of its biggest drawbacks is its lack of higher-tier plan options for growing businesses that require a richer selection of features. Wave Accounting is ideal for micro businesses with less than 10 employees, contractors, freelancers and other service-based businesses on a budget.
For small businesses any larger than that, however, Wave is limited. Unlike competitors, Wave doesn’t offer multiple plans to increase the software’s functionality. It’s also missing an audit trail and third-party integrations. Digital business cards allow you to share your brand, contact details, and business info all in one place. Gone are the days of scattered social media profiles, websites, videos, and images.
See all Wave app features
Customers can pay via credit card, bank payment or Apple Pay. Electronic invoices are created with online invoicing software or other cloud-based services, which makes it easy to automate the invoicing process. 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.
- Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage.
- See our step-by-step guide on how to import bookkeeping data into Wave here.
- Only pay for what you use and simplify annual audits with workers’ comp built for small business owners.
- We believe everyone should be able to make financial decisions with confidence.
- The Wave app lets you easily generate and send invoices to your clients wherever and whenever you need to.
- Customers can pay via credit card, bank payment or Apple Pay.
Some of these features include unlimited sharing, unlimited contact storage, and the most reliable smart products. Wave is also rated the easiest-to-use digital business card globally by G2. For freelancers, digital business cards are a cost-effective way to present a professional image.
Accountant-friendly software
They get the flexibility of paying you via credit card, bank payment, and Apple Pay; you get a reputation as a polished professional. When you reconcile your books, you’ll navigate to the “Reconciliation” tab within the Accounting menu. If you need to manually edit, add or remove any transactions, you can do so on the Reconciliation or Transactions pages. Next, you can add sales tax (if necessary), create customer profiles and customize your invoice templates. After providing a few basic details about your business — name, type, currency you use, address — you’ll have instant access to your free account. Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay.
Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money tools.
Wave will provide libraries in multiple languages that you can use to perform webhook signature validation. In the meantime, you can follow the steps below for manual validation. Webhooks allow Wave to send real-time notifications about events related to your account. When you create a new API key, you will only see the full key once. Make sure you copy it without missing any characters, since it will be masked afterwards for security reasons. Wave doesn’t know your full key, but if you contact API support we can identify them by the last 4 letters that you see displayed in the business portal.
Accounting software that works as hard as you do
Once you’re approved, you can turn payments on or off for any invoice, or pick default settings for all invoices. Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of. Track customer views and invoice payments in the Wave dashboard so you always know where you stand with sellers, property managers, buyers and renters. Bank data connections are read-only and use 256-bit encryption. Wave is PCI Level-1 certified for handling credit card and bank account information.
All your invoicing and payment information automatically syncs with the free Wave Accounting software included with your account. 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 mental health billing 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 when you send automatic payment reminders in your Wave account. Whenever a payment is due, your customers will get an email reminder.
This is in addition to the general HTTP code that can be returned as described in the errors section. If you try to refund a checkout twice, no additional transaction will be created, but this endpoint will simply return HTTP 200 Success again. Business_name string
The name of the business as it will be shown to the customer. Amount string
Total amount to collect from the customer (gross of fees). Checkout.session.completed Checkout Session
Occurs when a checkout session is completed. The Event object provides information about a change that occurred on your account and information about the state of the change.
Add credit cards and bank payments to get paid even faster, for a low, pay-per-use fee. 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. Wave Accounting is free, but you will have to pay processing fees if you choose to accept invoice payments online.
Recurring billing for repeat customers
Digital invoicing empowers your small business by automating invoice processing and saving time by tracking key invoice data like upcoming and outstanding invoices. You can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments.
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