![]() ![]() The only applications Wave can integrate with are PayPal, Etsy, Shoeboxed, Zapier and Google Sheets. Wave doesn’t offer a lot of integration options. You have to do everything manually, including matching transactions for each separate account, as well as adding and deleting transactions if you put them in the wrong account. Unlike Xero, Wave doesn’t have a bank rule feature to automatically match your transactions. Then, you can read through your statement, adding or confirming transactions on Wave as you go. When you reconcile an account, you can find a calculation at the top of the window to help you keep track of the differences between your Wave and bank account balances. Wave retrieves your bank statements through your online bank account so your transactions are automatically updated. You can also set up a bank feed to Wave by connecting your bank account or credit card. To make an item available for invoices, tick the box marked “sell this.” To make it usable on bills, tick the box marked “buy this.” In the “products and services” page, you can add a new item or edit an existing one. You can find both “products and services” pages under the categories “sales” and “purchases.” You have to add an item to its respective “products and services” list before you can use it in an invoice or a bill. Note that Wave has two different item lists, one for sales invoices and one for your bills. That said, this feature is more like an item list, as it only keeps track of product names and prices. Similar to the “inventory” feature seen in other accounting software, such as Sage or Xero (read our Sage review and Xero review to learn more), Wave has a “products and services” page where you can record everything you buy or sell. However, Wave’s features are easy to use and get the job done. Wave includes the basic features that all accounting platforms should have, even though they’re not as powerful as what you can find with paid platforms. You have nothing to lose, especially as almost all of its features are free. If you’re a freelancer or a business owner who only needs a simple but reliable accounting platform, we urge you to try Wave. The layout is clean and easy to understand, and there is a clear flow for each of Wave’s features. You can create an invoice in a few minutes, and your customers can pay you straight from their invoice because Wave has its own payment processing system. Wave is easy to use, even for people who are unfamiliar with accounting or bookkeeping. Its features are enough for small businesses, but if you need something more powerful, its paid competitors QuickBooks Online or FreshBooks are still worth the price. Wave offers a lot of features and most of them are what you’d expect any accounting platform to have. ![]() The only services you pay for are payroll and credit card payments. The biggest advantage Wave has over its competitors is that it offers basic features for free, which other platforms charge for. Wave is one of the best accounting software options out there, especially for freelancers and small businesses.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |