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9.6

Spot Score

Wave - Accounting Software

Wave Reviews in July 2026: 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)

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