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Wave accounting software12/6/2023 And then about 4 or 5 years ago, I started using a new accountant, and he suggested Wave to me. When I discovered I could put things into Excel, it got a bit easier add numbers. Originally, I was adding up all my expenses with a calculator. I'd spend months stressing about it and trying to calculate income and expenses. I've always found doing my taxes to be a nightmare. ![]() I have a full-time salaried job as a copywriter and a few self-employment careers, like freelance writing, voice acting. , but I need them to help me figure it out. Support and use of Wave Accounting in South Africa has been discontinued. ![]() This is an inconvenience and we use a manual EFT workaround. So customers cannot pay invoices automatically upon receipt of the invoice. As a South African company, these options are not beneficial or even available in our country. Online payment gateways are limited to only 3 options, including PayPal, Stripe and Square. You can also send a monthly bill or statement to your customers. Financial reporting is also easy with a variety of filters to use in order to produce the financially statements and/or reports based your chosen criteria. Setting up your database of products/services and adding customers are easy and makes sending invoices a breeze. We started using Wave for our small business as it was free to use, and extremely user-friendly. Overall, besides the minor cons, it is still my favourite app to use for invoicing since it is so easy to use and straight-forward with a very slight learning curve. Maybe I am not using it correctly, but each time I have to go and change invoice names then manually send it to the client. It doesn't use something like Maintenance contract #1 then go to #2 or something like that it makes recurring billing invoice names that were the most recent of any invoices. The thing that is the most annoying is when you want to do a recurring billing. ![]() It's awesome and cheap for those that are one man shows or freelancers. The reports are easy enough for doing taxes. The rates are reasonable enough for using these services. Its free for small businesses that just need a good business accounting software! You can take ACH and CC payments if you want and turn them off on invoices you don't want it on. It is free for the features I need and allows me to take only ACH or credit card payments with a reasonable fee and I only pay the fixed percentage when I use those features so I can just turn it off and get a check from a client and not pay anything. There is very little more I can ask for with Wave for my small business.
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