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9.6

Spot Score

Wave - Accounting Software

Wave Reviews in April 2025: User Ratings, Pros & Cons

Streamline your finances, save money with Wave.

3.6

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Wave Reviews & Ratings

3.6

Very Good

Based on 423 reviews

Rating Distribution

Excellent

(215)

Very Good

(62)

Good

(23)

Poor

(6)

Terible

(117)

Expert's Review generated by AI

Wave Accounting presents itself as a convenient and accessible financial management tool, particularly for freelancers and small businesses. Its user-friendly interface and free basic accounting features appeal to those seeking a cost-effective solution. Many users applaud its straightforward invoicing capabilities, seamless bank transaction imports, and ...Read more

Wave pros and cons

  • Provides free accounting tools and features, making it an accessible option for small businesses and freelancers with tight budgets.

  • Easy to use, intuitive interface that simplifies invoicing, expense tracking, and recurring billing for users without an accounting background.

  • Automates key accounting tasks such as bank reconciliations, recurring invoices, and transaction categorization, saving time and effort.

  • Allows seamless integration with bank accounts and imports transactions efficiently, streamlining financial tracking.

  • Poor customer service with slow response times, limited availability, and insufficient support, especially for non-paying users.

  • Issues with payment processing, such as funds being withheld, accounts being frozen, or payouts being delayed without clear explanations.

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Showing 41-50 out of 423

RK

Ralph Kennedy

01/19/23

1 out of 5

This is just BAD software and there is…

This is just BAD software and there is no viable route to get technical support when a function isn't working properly. In particular, I want to create a transaction report for a selected account, but the categorization doesn't happen except when you create a report for all your accounts. That's nuts. In addition I cannot find a way to turn off the auto-categorization, which ends up becoming a big headache because they are often wrong. My advice: STAY AWAY from this software.

SE

Shawniece E

01/12/23

5 out of 5

"Great Accounting Software"

What do you like best about Wave? I like that it is easy to use WAVE. I can take a look at my business bank accounts in one place. It's nice to have the option to send invoices outside of my CRM. Y

W

Wally

01/05/23

1 out of 5

TERRIBLE

DISASTER. I recently joined thinking I might like this merchant better than some of the few others I tried but boy I was wrong. Everything was fine after I requested my second then on the day I'm expecting payout not earlier they randomly email me that they suddenly hold the funds ask me a bunch of silly questions. Very shady. Oh and their customer service is poor so good lucky for any newbie just beware.

MA

Matt Adams

01/01/23

1 out of 5

ZERO CARE OR CONCERN - DO NOT USE THIS COMPANY

This company is the reason I tell everyone to test run a merchant prior to moving your major business dealings. I've been a quickbook user for years, however I decided to try Wave Apps with my side business and it wasn't bad. I actually loved the interface and the ease of invoicing, but when it came to something as simple as changing my phone number.... Let me get this straight. You (wave) are going to freeze my account because I changed my phone number in setting where it's allowed to be ...

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R

RCH

12/30/22

4 out of 5

Needs A Bit More for UK Users

UK customer and used wave for about 4 years and found it very user friendly and easy to reconcile accounts etc. Was just hard to search for invoices if I needed to locate an old one for a customer and feel not being able to electronically send vat returns to HMRC was a big downfall so we had to change accounting software.

NH

Na'Tima H

12/15/22

4 out of 5

"Ease of Use"

What do you like best about Wave? I can create invoices from my phone and send them to the client. Just a couple of clicks, and I am done. This is a new app and they are working to add more capabilities and asking for feedback along the way.

DM

Diego Manio

12/04/22

1 out of 5

Worst Payment Processor Ever

This is probably the worst payment processor ever. I had a $15k payout scheduled for today and last minute they decide to flag my account and refund all my clients that have been with me for years. They are an absolute garbage processor, I highly advise anyone using their services.

KS

Ken Silva

11/17/22

1 out of 5

Avoid Waveapps.com

After a lengthy process, and hours of waiting and reading documentation, I was finally approved to receive payments through Wave. I processed my first payment and two days later was notified that my account has been closed, and the payment canceled and refunded to my client. I have read elsewhere that they defend this action of supplying you an account and then doing a more thorough “risk“ analysis, at which time they choose to cancel the account. Why not do your risk analysis first? They ...

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JK

Jacqueline Krieger

11/05/22

1 out of 5

DO NOT USE WAVE!!!!!!!

DO NOT USE WAVE!!!!!!!'. I signed up for Wave because I just started cleaning vacation rentals as an independent contractor. I sent my first two invoices and received payment. All was going well. However, two days later I went to use the app again for another invoice, and my previous invoices now appeared as unpaid and past due. Wave had sent payment reminders to my two customers requesting payment. (remember they already paid) I reached out to customer service to see what the problem was. ...

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PM

Plaku Mere

10/31/22

1 out of 5

Do not use under any way

Do not use under any way They are illegally holding funds under the excuse of 65 days. Have been more then 65 days and I have not received them.