Accounting always matters to businesses regardless of size or stature. It is important to have a great foundation for your business’ financial health as well as insight into your income sources and expenses. Quickbooks is a great accounting tool; however business owners on a budget may not be able to start with one of the pack leaders straight out the gate.
Wave Accounting Software has risen to be a comparable system without the price tag. It’s currently Free with features you care about:
- Unlimited Invoicing
- Recurring Invoices
- Automatic Reminders
- Customer Statements
- Host Multiple Businesses
- Track Personal Expenses
- Connect to your bank
- Customizable chart of accounts
Did I say it was all Free?
Wave Accounting has a simple interface and is customization. If you are new to tracking your business expenses and don’t have a lot of customers or complicated accounting, you should definitely try this one out. It is worth your time.
What’s the catch?
Wave Accounting doesn’t drill down like other web-based accounting programs. There aren’t sub categories or simple ways to use cost accounting but there are ways around that to keep great records without the price tag.
Wave Accounting isn’t free if you want to do Payroll but they have low rates and with minimal employees it is definitely worth your time. Not to mention you can connect to Paypal, accept credit cards, and link your accounts. Personally the linking of accounts is easier with Wave than Quickbooks.
If you are in any of these industries and you are just starting out, you can benefit from giving Wave Accounting a try.
- Virtual Assistant
- Self-Published Author
- Freelance Writer
- Graphic Designer
- Social Media Manager
Remember: The accounting tool is not what gives great results. It’s your understanding of the program and how to use it. If you are unsure, a little help goes a long way.