You can record meetings and phone calls, import podcasts and YouTube videos, and much more. Wave is the AI-powered transcription and summarization app for audio recordings and phone calls. Capturing and understanding crucial information, wherever you are.
If you do want live support, you’ll need to invest in an Advisor or paid service. 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. Freelance rates can differ depending on experience level and industry. For example, the rate a freelance web developer charges may be different than that of a freelance graphic designer, because each freelancer specializes in a different area.
Create professional invoices for free
Create invoices whenever and wherever you want with Wave’s free app for iOS and Android. “When I signed up with Wave it was a no brainer. It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point.” Support for non-paying users is limited to the chatbot and self-service Help Center. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. Here is a list of our partners and here’s how we make money.
Wave lets small business owners like you create beautiful invoices, accept online payments,and make accounting easy—all in one place. Accept credit cards, bank payments, and Apple Pay for as little as 1%2 per transaction.Your customers can use the secure “Pay now” button on your invoices to instantly pay you. With Wave’s web-based invoicing software, you can create and send invoices for your business in just a few clicks from your computer. If you’re on-the-go, you can also send invoices from your phone or other mobile device using the Wave app. Approval to use online payments is subject to eligibility criteria, including identity verification and credit review. You’ll need to answer a few questions about your business and provide us with a little more information about yourself in order to get approved to accept online payments.
If you exceed your monthly limit on the Free or Standard plan, you will need to upgrade to a higher plan to continue recording within that month. The Wave app is the mobile companion to your desktop experience, helping you keep tabs on your biz— anytime, anywhere. Currently, Wave is available iOS (iPad and Mac with Apple Silicon) and Android devices. Your transcripts and summaries are available across all devices and a web-based dashboard is coming soon. Once Wave has transcribed and summarized your audio, you can easily adjust the summary’s length or format within the app. Wave is a cutting-edge AI Note Taker designed for iOS and Android, offering seamless recording, transcription, and summarization of your audio content.
Automatic payment reminders
Unlike other software, Wave is built for small business owners and solopreneurs at every stage—not accountants—so it’s easy for you to use. Look and feel polished, keep your books organized, and kick tax season’s butt, whether you’re a newbie or seasoned pro. Wave’s dashboard organizes your info waveapp to show how your business is performing. Plus, easily access key reports (like profit and loss statements) about the health of your business.
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. After inputting information and trying to click done at the bottom it will not register unless I swipe the keyboard away. The import from contacts button does not work at all and the layout to get to customers invoice is great after learning where it is. Not being able to see or input the expenses unless I pay for the quick receipt plan in app is kind of a bummer. I’m glad the option is still available online and the system works great and the amount of different charts available is super helpful.
Run your business on-the-go
- It can allow you to manage all your accounting processes without paying a dime.
- Customers can pay via credit card, bank payment or Apple Pay.
- Currently, Wave is available iOS (iPad and Mac with Apple Silicon) and Android devices.
Set up late payment reminders to automatically email your customers when payment is due (with Wave’s online payments feature or the Pro Plan). With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. When everything is neatly where it belongs, tax time is simple.
Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information. Have an eye on the big picture so you can make better business decisions. 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.
- Includes tools that help automate the reconciliation process and auto-categorizes transactions for you in the Pro plan, but you can’t set up your own bank rules; no global search function.
- By making things more convenient for your customers, they’re likely to pay you 3x faster.³Plus, you’ll enhance your brand and look more professional.
- Strong invoicing feature competes with that of paid products; app lets users send invoices on the go; offers significantly fewer reports than competitors; no inventory tracking.
- Wave’s software is simpler—designed for easy use for freelancers and small businesses—while QuickBooks’ platform is designed to cover complex business needs and grow as your business grows.
With Wave Invoicing, you’ll be able to track, edit, send and pay invoices from any mobile device. In addition, Wave allows you to manage multiple businesses on one free account and uses double-entry accounting, which is ideal for accountants and tax time. 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. However, like most products with free plans, Wave has its limitations, especially compared to more scalable small-business accounting software. Although Wave’s paid plan offers additional features, it’s still missing some more advanced capabilities, like built-in inventory tracking and audit trails, that growing businesses might need.
What are the benefits of digital invoicing?
Know when an invoice is viewed, becomes due, or gets paid, so you can take the right actions to manage your cash flow. Compared with free software like Wave, QuickBooks plans are expensive. The most basic plan, Simple Start, costs $35 per month, and the top-tier Advanced plan costs $235 per month, which is a sizable investment if you’re running a business on a tight budget. Our partners cannot pay us to guarantee favorable reviews of their products or services. For more recording time, you can upgrade to the Standard plan for 5 hours per month or the Pro plan for unlimited recording.
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. Every invoice paid means more revenue coming into your business. Create and send professional invoices to your customers in seconds. With the Pro Plan, automatically import, merge, and categorize your bank transactions.
Wave Accounting is ideal for micro businesses with fewer than 10 employees, contractors, freelancers and other service-based businesses on a budget. The financial management software is user-friendly and equipped with all the basics, including income and expense tracking, invoicing and reporting. Visit your dashboard or use your invoicing or accounting features, and click the peach “Upgrade now” button. Learn more about changing subscription periods and plan types, and how to cancel your Pro subscription in our Help Centre. Wave’s software is simpler—designed for easy use for freelancers and small businesses—while QuickBooks’ platform is designed to cover complex business needs and grow as your business grows.
Where Wave falls behind, however, is its customer support. There’s no live support unless you pay for it so you’ll have to dig for the answers to your questions in the help center or cross your fingers that the automated chatbot will help you out. Easily monitor and keep track of what’s going on in your business with the intuitive dashboard. The quick summary allows you to stay in control of your business finances, including a task list of outstanding items. With everything in one place, there’s no need to endlessly research solutions or stare at spreadsheets until your eyes glaze over.