Why Wave Accounting?
Ease of use
It's very easy to use Accounting software, and it's even
easier to get started. Create an account in seconds by entering your email
address and desired password (you can also register using your Google or Yahoo
account). After signing up, you can customize your account by filling out your
company name and type of business, which Wave uses to automatically create a
dashboard that best suits your needs. The service also lets you add contact
information, such as your address and phone number, so that this information
will automatically appear on invoices, payments and other transactions.
When you log in, you'll be
greeted with a simple dashboard, which we found very easy to navigate. It uses
a sidebar menu divided into categories like Transactions, Invoices, Bills,
Receipts and Reports, so you can quickly find core functions without
difficulty. With Wave's user-friendly interface, we found our way easily and
were able to create invoices, track finances and perform other accounting tasks
in no time.
You can find out more information
and experience Wave yourself by signing up for a free account or joining one of
the company's free webinars for new customers.
Time-saving features
Business owners we spoke to said
that some of the main things they look for in accounting software are features
that will save them time and take the stress out of managing finances. We've
found that Wave's automated features fit the bill.
Some time-saving features we
liked are automatic billing and invoicing. In addition to setting up recurring
bills and invoices, you can also set up reminders to help you keep track of
paid and unpaid items.
Wave also automatically syncs
data, so you don't have to manually input transactions yourself. For instance,
the service securely connects with your bank, credit card, PayPal and 10,000
other financial institutions to automatically download and import expenses,
deposits and other financial data in real time. Your data is also automatically
backed up.
And if you're in a hurry — or you
just want to see your business's financial status without going through all the
numbers and reports — the dashboard features snapshots of all the critical
information you need right when you log in. For instance, you'll find
at-a-glance views of your income, expenses, bank and credit card accounts,
payables, receivables, recent activity, and more, all in one easily accessible
page.
Another feature we liked is the myob accounting software ability to easily and quickly create accurate
financial reports, such as balance sheets, sales reports, tax documents and
more using pre-made templates. That way, you don't have to waste time starting
from scratch, especially if you know nothing about financial reporting.
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