Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. The Wave app lets you easily generate and send invoices to your clients wherever and whenever you need to. All your invoicing and payment information automatically syncs with Wave’s accounting feature.

Add credit cards and bank payments to get paid even faster, for a low, pay-per-use fee. Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage. Digital invoicing empowers your small business by automating invoice processing and saving time by tracking key invoice data like upcoming and outstanding invoices. You can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date. Wave invoices are integrated with our free accounting software, so payments are recorded and categorized for you – which means less bookkeeping and tax season prep. You can effectively analyze the financial health of your business, find ways to generate more profit, and move forward with your business plan.

Speed up cash flow with online payments.

If you’re on-the-go, you can also send invoices from your phone or other mobile device using the Wave app. Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money management tools. Instant Payout is an additional service offered by Wave subject to user and payment eligibility criteria. A 1% fee is applied to the amount you withdraw from your available balance (minimum fee of $1), in addition to regular processing fees.. 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.

Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. You can accept credit cards and bank payments for as little as 1%2 per transaction. 1Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments. Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. With Wave’s Pro Plan, you can set up recurring invoices and automatic credit card payments for your repeat customers.

See our step-by-step guide on how to import bookkeeping data into Wave here. Monitor your cash flow, stay organized, and stop sweating tax season. Say #sorrynotsorry to your spreadsheets and shoeboxes. Send invoices whenever and wherever you want with Wave’s free app for iOS and Android. “Wave invoicing makes your life a whole lot easier and takes that worry off you. I’ve tried Quickbooks—it’s a bit more complicated and technical, and takes more time to set up.” Wave has helped over 2 million North American small business owners take control of their finances.

Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you. We built our Payroll tool for small business owners, so it’s easy to use AND teaches you as you go. Want to look more polished, save more time, and conquer cash flow? Wave Payroll supports paying both employees and independent contractors when you run payroll. The proper tax forms—1099 in the US and T4-A in Canada—are also generated for you. In self-service states (all other 36 states) Wave Payroll does not make payments or file on your behalf.

1. Have an eye on the big picture so you can make better business decisions.
2. Our accounting reports are easy to use and show monthly or yearly comparisons, so you can easily identify cash flow trends.
3. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments.

Whenever a payment is due, your customers will get an email reminder. 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. Email invoices with a secure “Pay Now” button after you’ve enabled the online payments option. With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. Have an eye on the big picture so you can make better business decisions.

Only pay for what you use and simplify annual audits with workers’ comp built for small business owners. Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information. Your employees can log into Wave securely to access their pay stubs and T4s, and manage their contact and banking information. https://www.quick-bookkeeping.net/ Between the app and the payment process—I can’t tell you the hours it’s saved, and even the headaches that have gone away because of it. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. Yes, switching from other accounting apps or products to Wave is easy!

Easily switch from another payroll provider

Wave uses real, double-entry accounting software. 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. 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.

We provide different levels of support, depending on the plan and/or the add-on features you choose. Create beautiful invoices, accept online payments, and make accounting easy—all in one place. You don’t have to wait for a new quarter or year to start using payroll software—you can https://www.kelleysbookkeeping.com/ start running payroll at any time! And if you’re switching providers, you can make the transition easily by importing all the necessary forms and information in just a few minutes. Check out our handy support article to learn how you can switch to using Wave’s payroll feature.

We totally get it—running payroll for your small business can seem like a daunting task, especially when you’ve got so much on your plate. That’s why a payroll software like Wave’s can help ease the burden of doing payroll on your own. We’ve also crafted a guide to small business payroll to help you navigate the process. Automated, accurate payroll helps you stay compliant, save time, and be stress-free. Easily create, customize, and send professional invoices while on-the-go.

All payments are subject to a risk review and periodic credit risk assessments are done on business owners because we need to cover our butts (and yours). In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s. With Wave, your invoices and payments automatically flow into your accounting records. You’ll never lose track of payments again, and you’ll be all set at tax time. You can mark invoices paid on the spot, so your records are instantly up to date. Accept payments through credit cards and bank payments to get paid even faster, for a low, pay-per-use fee.

Allow your customers to pay your invoices immediately via credit card, secure bank payment (ACH/EFT), or Apple Pay. You’ll both appreciate the speed and convenience. Online payments allows you to get paid quickly by bank deposit, credit card, and Apple Pay. Upon processing your first payroll, you can use Wave Payroll for up to 30 days, commitment-free. At any time, you can activate to start your billing cycle and gain access to items like tax filing and approving payrolls beyond the current month.

Automatic payroll journal entries

Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!). Keep compliant and save time by having Wave handle https://www.online-accounting.net/ your Canada Revenue Agency tax remittances on your behalf. Deposit payments quickly, reliably, and directly into your employees’ bank accounts.

Transactions will appear in your bookkeeping automatically, and you’ll say goodbye to manual receipt entry. Our servers are protected physically and electronically. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. Create beautiful, free invoices that reflect your business branding. Automate overdue reminders, set up recurring bills, and add notes or terms of service with ease. Simply email your customers an invoice and they can use the secure “Pay Now” button to send over your payment.

Electronic invoices are created with online invoicing software or other cloud-based services, which makes it easy to automate the invoicing process. 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. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments.

Try payroll software free for 30 days.

Every invoice paid means more revenue coming into your small business. Create and send professional invoices to your customers in seconds. Customers can pay instantly by credit card or Apple Pay when they view the invoice online. These 14 states include tax services with the option to automatically transfer tax payments and file the paperwork with your state tax office and the IRS (this excludes 1099 Filings). Your complete invoicing and billing process is now on your phone. Create, customize, and send invoices from anywhere.