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9.6

SpotScore

Wave - Accounting Software

Wave Reviews in September 2026: User Ratings, Pros & Cons

Streamline your finances, save money with Wave.

3.53

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Wave Reviews & Ratings

3.53

Very Good

Based on 356 ratings & 423 reviews

Are you using Wave?

Rating Distribution

Excellent

(215)

Very Good

(62)

Good

(23)

Poor

(6)

Terrible

(117)

Spotsaas Editor’s POV

Wave Accounting works best for freelancers and sole proprietors handling straightforward invoicing and expense tracking. The free tier includes core accounting features, bank transaction imports, and basic reporting—sufficient for businesses with annual revenue under $100K and minimal tax complexity. Before shortlisting, verify that Wave's chart of accounts ...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 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.

  • Integrates 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 181-190 out of 423

NN

Nancy Naaki N

02/04/21

4.5 out of 5

"Ease and Convenience in Bookkeeping"

What do you like best about Wave? I am able to track my receivables and payables in real-time, and a look at my dashboard gives me an overview of how business is faring. The easy to customize invoices are fantastic! And of course! the payment reminders I can send to my credit clients.

MS

mey salinas

02/03/21

4 out of 5

Personally I like this software

Personally I like this software. Easy to use. Try it.

AJ

Akash J

01/12/21

4.5 out of 5

"First off, you can’t beat the price tag. Wave is completely free."

What do you like best about Wave? Wave “has always been and always will be free,” a structure that the company plans to maintain following its acquisition by H&R Block. Unlike most free plans, Wave doesn’t limit you to a certain number of invoices, customers, or transactions, making it one of the best free options out there — plus, there are no pesky ads. The company generates revenue from its credit card processing, payroll, and bookkeeping services and uses this revenue to keep the ...

Read more

R

Robin

01/08/21

3 out of 5

It took more than the normal protocol…

It took more than the normal protocol for me to get my money withdrawn from them. First they kept using delay tactics with me in ensuring my money is not given to me by requesting all sort of documents. Later, they requested an exorbitant withdrawal fee which I paid reluctantly. It was when they requested for a document which I had provided earlier, I figured something might be wrong. I reported my situation to Mrs Joanne a renowned recovery specialist Joannedawn56 via email and I got my ...

Read more

JB

Johnson BL

11/17/20

1 out of 5

Wave Stay away from this company

The company has taken it upon themselves to hold onto a bank payment from a client to me. They want all correspondence, contracts, how I found them, if I worked with them before? What the hell is going on, 20K dollars held up for bull s. It’s a bank payment no risk. Stay away from this company

GC

G Charlemagne Favi

11/12/20

1 out of 5

I signed up with them and started…

I signed up with them and started processing payments and all of a sudden, they suspended my account for investigation about my clients. I provided them with all the information requested, but yet they've decided to keep all my payouts (10's of thousands of dollars) for 120 days before releasing, if no payer ask for refund. Despite of all the proofs provided including copies of passports, billing addresses, contracts, all messages exchanged with the customer...., nothing. The worst was you ...

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EW

Eclipse Wildlife

11/01/20

1 out of 5

They "REVIEW" your account and hold…

They "REVIEW" your account and hold your payouts. They are holding USD 1000 for three weeks and counting... Don't trust this company. Worst decision ever.

TW

The World Headquarters

10/30/20

1 out of 5

Stole clients $ Wave has no phone# and does not respond…

Wave has no phone# and does not respond to support. They have taken $2300 from a client of mine through ach when I do not have an payment account with wave. I never used wave for payments and had this feature turned off. However ach accepted appeared on an invoice I sent and now and customer support will not respond or refund transaction.

UP

Ultimate Protection Services

10/19/20

1 out of 5

Scam of a company

This company will take your money, not approve your account and when asked why, will state "compliance" reasons without giving a legit answer. They are completely against protecting police officers and keeping them safe. TRUST the other reviews and steer clear of this POS company.

RM

René Meinert

10/13/20

1 out of 5

WARNING to potential Wave customers

😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡 WARNING to potential Wave customers. This company kidding his own customers couple times in a row with a bad customer service. I have to warn you: !!!! STAY AWAY !!!! What this company can do is: Calculate Payroll Fees without a real Payroll service. 😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡

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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].