Wave Pricing Wave Financial

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. ‍2 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details. Know when an invoice is viewed, becomes due, or gets paid, so you can take the right actions to manage your cash flow. Set up invoice reminders to automatically email your customers when payment is due.

Payment solutions for your business

While several accounting software services provide a free version of their software, the free version usually limits the number of users, number of invoices per month and integrations. Your customers can pay the invoices you send them instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. 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. That’s not the case with Wave—it provides one plan with an unlimited number of users, invoices, credit card connections and reports for free.

Unlimited bank and credit card connections

While users never pay startup or monthly fees, Wave does charge a credit card processing fee of 2.9% plus 30 cents per transaction for most cards. This is a typical credit card processing fee that you’ll find on any platform. Wave Invoicing is ideal for freelancers, entrepreneurs or small businesses. The fact that it is free makes it a great option for those just starting out or those who want to keep their overhead as low as possible. Companies that want to combine project management tasks in their accounting software or are looking for software with a great mobile app that they can use on the go will probably want to look for other options.

The fact amortization meaning in accounting that Wave lets users create and send unlimited invoices and receive payment straight from the invoices for free makes it perfect for freelancers. This app is super helpful, the main issue I have while using it is the lag. 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.

1. Once those estimates are approved, they can easily be transformed into invoices with the click of a few buttons.
2. The rate that you charge for your freelancing services can vary, so it’s important to get a grasp of market trends before sending your clients an invoice or quoting a price.
3. Then answer questions from a drop-down menu about the direction you want to concentrate on—invoicing, accounting or payroll—and you are directed to link financial accounts.
4. I’m glad the option is still available online and the system works great and the amount of different charts available is super helpful.
5. This app is super helpful, the main issue I have while using it is the lag.

Deposits are sent to the debit card linked to your account in up to 30 minutes. Deposit times may vary due to processing cutoff times or third party delays. One of Wave’s most popular invoicing features is the ability to create user-friendly customizable templates. Not only can you customize the invoices to fit your brand, but you can also set up recurring invoices and automate credit card payments for repeat customers. Once invoices have been sent, you can easily track the status of each invoice to see if they are viewed, unpaid or Overdue. All payment information automatically syncs with the free Wave Accounting software included in your service, making accounting easy.

Pocket- and small business-friendly perks

Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can revenue and cash budgets easily identify cash flow trends. We provide different levels of support, depending on the plan and/or the add-on features you choose. 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. 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. It keeps me on track and takes a lot out of my hands.

All your invoicing and payment information automatically syncs with how to calculate sales tax on almost anything you buy Wave’s accounting feature. Customers can pay instantly by credit card or Apple Pay when they view the invoice online. With the Pro Plan, automatically import, merge, and categorize your bank transactions. It’s always available, and it’s backed up for extra peace of mind.

In addition to creating invoices, Wave gives users the ability to create estimates for potential clients. Once those estimates are approved, they can easily be transformed into invoices with the click of a few buttons. With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay.