It allows you to manage bookkeeping, accounting and invoicing in one place through internal integrations. Many of the functions within the Wave dashboard are found in the Settings tab in Akaunting.
While you can’t talk to a Sunrise representative over the phone, you can talk to an agent through a live chat. You can also use the self-help chatbot or send a message through email.
In addition, it can be used to perform the company’s financial transactions, such as sending invoices, managing purchase orders, collecting receivables, and more. To recap, Wave can manage invoicing, track expenses, and do bookkeeping. It’s a solid platform for basic accounting needs, but it doesn’t go in for so many advanced features. The vendor also provides expert accounting coaching by real advisors, which is a great resource. The main difference between Wave accounting free and paid is that the latter provides access to additional features, such as Wave payroll, payments, and invoicing.
In short, it’s a great all-in-one accounting app that won’t break the bank. Wave offers integration with a few apps such as Etsy and PayPal, but more than a thousand apps can be accessed through Zapier. Just choose one of the options — Professional Invoicing, Better Bookkeeping, or Reliable Payroll — and Wave will guide you through the entire setup and creation process. The Add a Product or Service option is where you would enter any products or services. Wave includes custom invoice creation, so you can add your business logo and accent colors to any invoice. While the idea is good, the pricing seems out of line for their core audience.
From the dashboard, there’s a + Create button that lets you quickly create an invoice, expense, estimate, and other transactions. Our case study shows that Sunrise’s strongest feature is A/R. Sunrise and Wave almost have the same functionality https://www.bookstime.com/ in terms of invoicing with only minor differences, such as the inability to preview an invoice in Wave. Both software applications let you accept short payment of an invoice, view outstanding invoices, and view balance by customer.
In other words, Wave has many of the invoicing perks you get with invoice-heavy software like FreshBooks, but at no cost. In addition, what some users complained about was the scalability of the accounting software.
Your customers can choose to pay whichever way they prefer, or you can mandate which form of payment you’d like to accept on each invoice. To create and send invoices with Wave, you’ll choose from three templates, add your logo, customize colors to fit your business, and add customers and line items wave accounting with just a few clicks. Once you’ve customized the invoice, you can save it as a draft and preview before sending to your customers. When we sent invoices, they were delivered promptly to customers’ inboxes. There are several additional Wave products that you can purchase for your business.