Wave Accounting
Smart money management for small businesses.
Overview
Wave offers a suite of financial tools for small businesses, with its accounting and invoicing software being completely free. While it lacks fund accounting, its simple interface and no-cost model make it a popular choice for small nonprofits and volunteer-run organizations that need to track income and expenses without a software budget.
✨ Key Features
- Free Accounting Software
- Unlimited Income and Expense Tracking
- Unlimited Invoicing
- Connect Unlimited Bank Accounts
- Basic Financial Reporting
🎯 Key Differentiators
- Core accounting and invoicing software is completely free.
- No limits on invoices, expenses, or connected bank accounts.
- Simple, straightforward user interface.
Unique Value: Provides robust and unlimited accounting and invoicing software for free, making financial management accessible to any nonprofit, regardless of budget.
🎯 Use Cases (3)
✅ Best For
- Small nonprofits
- Charitable clubs
- Community groups
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Organizations requiring fund accounting, grant management, or nonprofit-specific reports.
- Nonprofits that need to manage payroll for more than a few employees.
🏆 Alternatives
Offers a more comprehensive set of free features (like unlimited bank connections) compared to the free tiers of competitors like ZipBooks.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Dedicated Support (Paid services only tier)
🔒 Compliance & Security
💰 Pricing
Free tier: Accounting, Invoicing, and Banking are free. Fees apply for payment processing and payroll.
🔄 Similar Tools in Fund Accounting
Sage Intacct for Nonprofits
Cloud financial management software for small to medium-sized nonprofits, offering advanced features...
Aplos
An all-in-one fund accounting, fundraising, and donor management platform for nonprofits and churche...
MIP Fund Accounting
A leading cloud-based fund accounting solution for nonprofits, schools, healthcare, and government o...
QuickBooks for Nonprofits
Adapts the popular small business accounting platform with specialized features for charitable organ...
AccuFund Accounting Suite
A comprehensive financial management solution for nonprofits and government entities, available onli...
NonprofitPlus
A comprehensive nonprofit accounting suite built on the Acumatica Cloud ERP platform....