Best Invoicing App For Small Businesses Wave Financial

Wave Advisors are trained in-house professionals in bookkeeping, accounting and Wave features. That is a massive time saver and helps me get paid faster! “My fav tool for invoicing & accounting is Wave. Easy-to-use. And I love the interface. Check it out!” Wave uses real, double-entry accounting software.

Spend more time onwhat you love

Pay independent contractors and employees, and generate W2 and 1099 forms for tax season. Easily generate T4 and T4A slips and summaries for tax season. Deposit times may vary due to processing cutoff times or third party delays. Instant Payout is an additional service offered by Wave subject to user and payment eligibility criteria. In some cases, we may hold funds and request more information if we need it for the protection of your business and Wave’s.‍

Professional invoices, 100% free.

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. Your customers can pay the invoices you send them instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments.

Is Wave’s invoice generator free?

Wave’s complete payroll tax service will automatically pay and file your state and federal payroll taxes. Wave’s payroll software is the easy, more accurate way to pay employees, contractors, and yourself. Experienced and passionate about the unique challenges small business owners face, Wave Advisors can give you write-off definition help and advice when you need it—during the year, when you’re closing year-end, or at tax time.

Sign up for the Starter Plan to take the bookkeeping and invoicing basics for a spin. Look and feel polished, keep your books organized, and kick tax season’s butt, whether you’re a newbie or seasoned pro. Plus, our features are designed to work together, meaning less to worry about. Our invoicing process would be lost without it! “Wave 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.”

You don’t need to be an accountant to keep your books organized, accurate, and ready for tax time. Wave is PCI Level-1 certified for handling credit card and bank account information. When everything is neatly where it belongs, tax time is simple. If you choose to cancel your subscription, it will remain active until the end of your current billing period. You can cancel your subscription up until one (1) day before your renewal date through Wave. Following the offer period, your account will automatically be charged at the listed monthly price until you cancel your subscription.

A common issue when invoicing in Microsoft Word, Excel, or other DIY solutions is making calculation errors. 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. Always know who you need to touch base with, and about what, so you can leave a great impression on customers.

How is a digital invoice different from a paper-based invoice?

The subscription fee for the Pro Plan is per business, not per owner. If you’re on-the-go, you can also send invoices from your phone or other mobile device using the Wave app. The Wave app lets you easily generate and send invoices to your clients wherever and whenever you need to. Schedule everything, from invoice creation and invoice sending, to payment collection and overdue payment reminders. With a Wave Pro subscription, you’ll have recurring billing and other automation features.

• Prior to April 2, 2025, our tax service was not available in all US states.
• Wave lets small business owners like you create beautiful invoices, accept online payments, and make accounting easy—all in one place.
• You can use the invoice generator as much as you want.

Online payments allows you to get paid quickly by bank payment, credit card, and Apple Pay.

Set up automatic payment reminders and stop chasing customers. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. Easily create, customize, and send professional invoices while on-the-go. Learn how to cancel your subscription in our Help Center. The cancellation of your subscription will take effect at the end of the billing period in which you cancel.

We provide different levels of support, depending on the plan and/or the add-on features you choose. Learn more about changing subscription periods and plan types in our Help Center. Our plans are built for small business owners at every stage! Wave’s tools are web-based, so you just need an Internet connection and browser—no installation is how to pass journal entries for purchases accounting education necessary for our online software! 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.

Easily switch from another payroll provider

1Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments. Add credit card payments to get paid faster and stop chasing customers with auto-reminders. 1 Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments.

Prices do not include applicable tax. Discount applied to the listed monthly price for Wave’s Pro Plan, starting from the date the Pro Plan is purchased and continuing for three monthly payment periods. Plus, easily access key reports (like profit and loss statements) about the health of your business.

Invoice on-the-go

Most of my clients pay with credit cards using the secure link on the invoice. Learn more about changing subscription periods and plan actual home office expenses vs the simplified method types, and how to cancel your Pro subscription in our Help Centre. Visit your dashboard or use your invoicing or accounting features, and click the peach “Upgrade now” button.

Wave’s dashboard organizes your info to show how your business is performing. Want to look more polished, save more time, and conquer cash flow? Just starting your business or looking for the basics? For information on credit card rates, visit Pricing for details. Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. Sign up for Wave and send your first invoice right away—it only takes a few minutes!

• “The app is great for writing estimates and invoices.
• Most of my clients pay with credit cards using the secure link on the invoice.
• There are generally 5 types of invoices, each with their own purposes and uses in certain situations.‍
• In eight years, we haven’t had a single unpaid invoice, thanks to how easy it is to create, send, and follow up.
• With Wave, your invoices and payments flow into your accounting records, helping you stay organized and prepared for tax time.

What are the benefits of digital invoicing?

Wave’s payroll software is seamlessly connected with the rest of your Wave account to reduce the time you spend on manual bookkeeping. 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). Deposit times may vary due to processing cutoff times, third party delays, or risk reviews.2Rates are 1% for bank payments (minimum fee of $1). Wave’s smart dashboard organizes your income, expenses, payments, and invoices.

Sign up for a Wave account so that everything flows right into your accounting records and your bookkeeping will be done for you. The base price will not change for states who already had access to our tax service, and will increase for states that now have access to our tax service. Now, Wave offers our tax service in all 50 US states, meaning the pricing is the same for all states. Prior to April 2, 2025, our tax service was not available in all US states. The proper tax forms—1099 in the US and T4-A in Canada—are also generated for you. Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!).

In eight years, we haven’t had a single unpaid invoice, thanks to how easy it is to create, send, and follow up. Make bookkeeping and tax time easy with solutions that are affordable, small biz friendly, and—dare we say—fun to use. You can use the invoice generator as much as you want. Once you’ve created an invoice with our invoice generator, you’ll be able to download a PDF copy of the invoice or get the PDF emailed to you directly.

Add your logo and brand colors to our professional invoice templates. The quick summary allows you to stay in control of your business finances, including a task list of outstanding items. Easily monitor and keep track of what’s going on in your business with the intuitive dashboard. The Wave app is the mobile companion to your desktop experience, helping you keep tabs on your biz— anytime, anywhere. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. Then, whenever you’re ready, upgrade to the Pro Plan to unlock even more money management features.