Wave uses real, double-entry accounting software. 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!). We totally get it—running payroll for your small business can seem like a daunting task, especially when you’ve got so much on your plate. That’s why a payroll software like Wave’s can help ease the burden of doing payroll on your own. We’ve also crafted a guide to small business payroll to help you navigate the process.
- Yes, switching from other accounting apps or products to Wave is easy!
- 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.
- With the Pro Plan you can also set up recurring payments, auto-reminders, and deposit requests to make sure you always get paid on time.
- 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.
Button-up your bookkeeping
When inputting information the character count for it is super slow/delayed to where it forces me to stay on a certain page until it registers that information has been inputted. After inputting information and trying to click done at the bottom it will not register unless I swipe the keyboard away. The import from contacts button does not work at all and the layout to get to customers invoice is great after learning where it is. Not being able to see or input the expenses unless I pay for the quick receipt plan in app is kind of a bummer. I’m glad the option is still available online and the system works great and the amount of different charts available is super helpful.
Organized and stress-free small business accounting
And by enabling Wave’s payments feature, you can accept credit cards and bank payments, and get paid out in as fast as 1-2 business days1. 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. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments.
Only pay for what you use and simplify annual audits with workers‘ comp built for small business owners. Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information. Your employees can log into Wave securely to access their pay stubs and T4s, and manage their contact and banking information.
Accounting software helps business owners understand how money flows in and out of their businesses. This can help you save time and make financial decisions quickly. Your customers can pay the invoices you send them instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.
Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for fannie mae selling handling credit card and bank account information. Create beautiful invoices, accept online payments, and make accounting easy—all in one place.
Pocket- and small business-friendly perks
For information on credit card rates, visit Pricing for details. With a Wave Pro subscription, you’ll have recurring billing and other automation features. Schedule everything, from invoice creation and invoice sending, to payment collection and overdue payment reminders. Yes, switching from other accounting apps or products to Wave is easy! See our step-by-step guide on how to import bookkeeping data into Wave here. We provide different levels of support, depending on the plan and/or the add-on features you choose.
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. Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments.
It’s always available, and it’s backed up for extra peace of mind. Deposit payments quickly, reliably, and directly into your employees’ bank accounts. 2 Rates are 1% for bank payments (minimum fee of $1).