Wave is invoicing software that helps businesses create and send invoices, receive payments, and manage customer information. Invoice templates can be adjusted with drag-and-drop editing and customized with a logo and brand colors. Repeat customers can receive recurring invoices, with automatic credit card payments supported. Customers can pay by credit card, secure bank payment (ACH/EFT), or Apple Pay, and invoice and payment information connects to Wave’s accounting feature. The free Starter plan includes unlimited estimates, invoices, bills, and bookkeeping records; online payments have transaction fees. Pro costs $19/month and adds automatic bank transaction import, transaction merging and categorization, receipt capture, expense tracking, and late-payment reminders. Wave lists integrations including Amazon, eBay, Capsule, and Etsy, and supports workflows through Make. Connecting or maintaining Partner integrations and Make requires Pro or a Wave Advisors bookkeeping subscription; third-party app connections through the API also require an active Pro or Wave Advisors package. Wave says it uses up to 256-bit TLS encryption for data in transit and is a PCI Level 1 Service Provider. It also says it is not HIPAA-compliant and does not support healthcare-related businesses.
Who it is for
Wave suits businesses that need to issue invoices, accept payments, and connect invoicing with accounting. Its Starter plan is described as suited to people starting a business or seeking basic features.
What is good
- Free Starter includes unlimited estimates and invoices
- Templates support logo, brand colors, and drag-and-drop editing
- Supports recurring invoices and automatic card payments
- Customers can pay by card, bank payment, or Apple Pay
- Pro adds transaction import, receipt capture, and reminders
What to know first
- Online payments carry transaction fees on Starter
- Partner integrations and Make require Pro or Wave Advisors
- Third-party API connections require Pro or Wave Advisors
- Wave says it does not support healthcare-related businesses
Verdict
Wave combines invoicing, payment options, and accounting connections, with a free Starter plan and additional Pro tools. Check the integration requirements and healthcare limitation if either affects your business.
Wave plans and pricing
All plansCompared on bookkeeping software
- Free plan
- Yes
- Paid from
- $19/mo
