Your invoicing and payment information are connected to Wave’s accounting feature, helping you stay organized. Xero also offers inventory, project management, contact management, sales quotes, and multiple currencies. It allows you to create and track purchase orders and fixed assets. If you have Wave Advisor with bookkeeping support, a trained, in-house professional can help you. This ensures a smooth transition of your financial records from one system to the other. Wave Accounting has a service where you get personalized bookkeeping service support and accounting coaching from in-house Record Keeping for Small Business experts.
- Also, anyone outside the US and Canada or operating a medium-to-large organization should look into alternative business accounting software like QuickBooks and Zoho Books.
- That is a massive time saver and does help to get paid faster.
- You can mark invoices paid on the spot, so your records are instantly up to date.
- Plus, you’ll have to upgrade to the paid plan to access some key functions, including automatic transaction imports.
- As well, you can attach a receipt to your expenses, which makes it simple for small businesses to keep track so they can write it off for their taxes.
Track payments and communications
It also has a dedicated mobile app for Android and iOS devices. With the popularity of online shopping, people are accustomed to paying for products and services right away. Why not shorten your payment terms from 30 days to three weeks, or even to 15 days. To get paid even faster, you could offer a discount for early payment. Even a small percentage off your total bill can be enough incentive for your clients to get their payment in extra fast.
Choose the best invoice template for your business
Your customers do business with you – not a big box company, and you want to make sure they always get a personalized and hands-on experience that reflects that. To insert your own logo, click on the “Choose File” button in the section that says “Upload your company logo here”. Then our invoice generator will create an invoice with your company’s logo on it. Check out more of our invoicing tools that can help you run your business more efficiently. The Wave app is the mobile companion to your desktop experience, helping you keep tabs on your biz— anytime, anywhere.
Even more ways to get paid: Bank payments
Every invoice paid means more revenue coming into your business. Create and send professional invoices to your customers in seconds. Wave Accounting is an easy-to-use online accounting software ideal for businesses seeking a cost-effective solution for their accounting work. Its free features make it a valuable tool for managing finances without high costs. You can integrate Wave into BlueCamroo, a free CRM tool, to sync your customers and contacts.
- Visit your dashboard or use your invoicing or accounting features, and click the peach “Upgrade now” button.
- It also allows users to accept online payments and easily manage payroll and taxes without having specialized knowledge.
- Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage.
- Many or all of the products featured here are from our partners who compensate us.
- The receipts are stored on the cloud, which gives you peace of mind since they’re safe and can be accessed anytime.
This invoice template is flexible so it can be used to bill all your clients – no matter what their needs. Simply add or subtract lines to describe specific details and services. Your clients will clearly see the work you supplied and the cost. It’s easy to send your invoices created with Wave’s invoice generator. Simply enter your email address after completing the steps to generate an invoice and you’ll receive a PDF version of the invoice that can be sent to your customer. You can also download the PDF copy of fixed assets your invoice to be printed out and mailed to customers.
Invoice tips that are perfect for any business
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. Also, anyone outside the US and Canada or operating a medium-to-large organization should look into alternative business accounting software like QuickBooks and Zoho Books. While Xero has no free plan, you can utilize the 14-day free trial to try the advanced features. Its lowest plan starts at $30 per month, but, unfortunately, it does not offer unlimited invoices (something Wave offers in the free Starter plan).
You didn’t start your business to be a bookkeeper
Since BlueCamroo has a time tracker, you can also generate a Wave invoice based on the billable hours. This involves describing your business (e.g., name, location, industry, and number of employees). After this, you will have access to the web version of the software. Create invoices on-the-go with our free iOS and Android app.
Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. Zoho Books also has a time tracker, multiple-currency support, inventory tracking, project management, and CRM. The best part is that it has a free plan that you can use forever. Wave Accounting automatically matches your accounting records with your financial ones, such as bank wave apps invoice and credit card statements, to ensure consistency and accuracy in financial reporting.
Wave Accounting Cons
It can be used to bill all of your customers by adding lines to include all the necessary payment details. There are advantages to running a small business, like lower overhead and personalized service, but you still need your customers to recognize your expertise. Get paid on time, every time by using professional invoicing software like Wave.