9.6
SpotScore
Wave Reviews in September 2026: User Ratings, Pros & Cons
Streamline your finances, save money with Wave.
Add to compare
Wave Reviews & Ratings
Are you using Wave?
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.
Filter results
Sort by :
Showing 191-200 out of 423
J
Jonathan
10/13/20
No empathy
So I did not need to use their Payroll services anymore as I was not paying anyone. I disabled the membership and had to return to collect a W2 for tax filing. I had to renew my membership to download it, ok not really a big deal, but then I got charged for the next month; I'm pretty sure I canceled it after I downloaded the file, but apparently I didn't, so I guess I didn't. I was not going to use the membership this month, so I contacted support, and they took weeks to get back to me, and ...
Read more
RF
Rauf F
10/13/20
"A powerful accounting system"
What do you like best about Wave? Being able to create different customers who have the same email address. This is useful for us because we have two separate clients who are pretty much part of the same group of companies/organizations with the same finance person
TB
Tyler B
10/09/20
"Perfect for freelancers"
What do you like best about Wave? As a freelancer who wanted to professionalize without incurring new expenses, Wave was the solution I was looking for. Prior to Wave, I was using extremely simple invoice templates that communicated to clients that I didn't have a wealth of freelance experience. Professionalizing via products like Wave can ultimately result in increasing your perceived value to clients and being able to increase your rates.
CS
Chinnamasta Stiles
09/24/20
Never do business with Wave
Never do business with Wave, its a scam, grave miscommunication between customer service and invoice department, it took me a month to correct a failure on their end. They wrongfully charged me for a reimbursement they failed to send to my client, they then suspended my account, they threatened to send my invoice to an outside bureau, a total mess. Caused me a great deal of stress for a month that could have been completely avoided if they had internally communicated well.
RO
Rachel O
09/18/20
"Okay software if you have no money for monthly fees"
What do you like best about Wave? It's free, and does allow you to create reports What do you dislike about Wave?
RO
Rachel O
09/18/20
"Okay software if you have no money for monthly fees"
What do you like best about Wave? It's free, and does allow you to create reports What do you dislike about Wave?
R
Richard
09/14/20
Supposed to make life easier…
Supposed to make life easier with accounting, in fact it makes it more frustrating. Connections hardly every work, always issues getting latest transactions from my bank. Don't recommend.
EB
Eric Bewley
09/13/20
Off to a great start and then FAIL!!!
I thought Wave was great (5 stars) for the first few years - just slow, but I quickly found out that since most small businesses use the Cash Basis accounting methodology, and Wave only supported the Accrual method until recently. Due to numerous complaints, Wave finally added Cash Basis support, but experienced CPAs will probably warn you that it is flawed, inadequate, too limiting, and misleading for business use. In my case, their inadequate invoicing support has created a real mess for ...
Read more
AU
Anonymous User
08/19/20
"Does the job for one off accounting needs"
What do you like best about Wave? Easy to use and there is a free version if you need to just do some simple accounting/book keeping. What do you dislike about Wave?
AU
Anonymous User
08/19/20
"Does the job for one off accounting needs"
What do you like best about Wave? Easy to use and there is a free version if you need to just do some simple accounting/book keeping. What do you dislike about Wave?
Free vendor scorecard
Evaluate Wave objectively with the accounting software scorecard
A weighted accounting software vendor scorecard to score Wave against your real requirements — not the marketing.
- Weighted criteria you can edit
- Score multiple vendors side-by-side
- Shareable with your buying committee
No file downloads on screen — we email it to you. One-click unsubscribe anytime.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].