Tuesday, April 10, 2012

Wave: Absolutely Free Online Accounting Software for Small Businesses -- Pros and Cons (Video Demonstration)

Accountancy is a very highly regarded profession. There are millions of the accountants, all thoroughly working away like other professionals to make sure that every cent is accounted for. They keep business moving day-to-day, advise the board of directors and help them to resolve their tax issues.

Wave: Absolutely Free Online Accounting Software for Small Businesses
 As an accounting professional the article written by Joseph Thomas on Allvoices attracted all my attentions and I couldn’t help myself stop reading this informative article but also searching for more information about Wave Accounting software.
Wave is a great online accounting application for small businesses.  There are numerous features that, combined together, make Wave different from other accounting software in the market.
 They (waveaccounting.com) said on their features page, “Made for small businesses and solo entrepreneurs. Accountant approved. 100% free. Wave slashes the time you spend on accounting and bookkeeping, and saves you money every day.”

Wave is the free, easy-to-use accounting software made for small business owners and freelancers. Get back in control of your finances, while saving time and money. Send professional invoices, track expenses, and eliminate accounting headaches.

Powerful yet easy that can provide an accountant space to relax and smile while providing real double-entry accounting, posting journal entries, generating financial reports and much more for a professional accountant.

That’s not all about Wave, rather it is equally effective and practicable for non-accounting persons.

Wave’s most outstanding feature, at least to me, is auto-syncing with your business bank account and credit cards. Once you set up everything with your online banking, Wave syncs regularly even when you’re not online. The result of this is a list of newly imported transactions waiting for you each time you log in. All you have to do is drag each one into a category in either ‘Personal’ or your business accounts. This significantly reduces the amount of manual input you have to do.

In short Wave is all about:

SAVE TIME
• Connect with your online bank and credit card accounts (optional), and eliminate hours of tedious manual data entry: Wave imports all your transactions while you sleep, so you're always up to date.
• The more you use Wave, the smarter it gets, automatically filing your transactions where you want them.

EASY TO USE
• Wave is built for non-accountants, but also includes the tools that will make your accountant smile.
• Powerful yet easy: real double-entry accounting; reports; journal entries and more for the expert user.

100% FREE
• Not just a trial version. Use all of Wave, as much and as often as you want, for free.

MORE FEATURES
• Invoices: create and send unlimited professional invoices.

• At-a-glance dashboards.

• Unlimited collaborators: invite your accountant, bookkeeper, business partner or advisor to work with you in Wave.

• Manage business and personal finances together in the same program, seamlessly. Wave even handles business expenses paid from a personal account, and vice versa.

• No usage limits.

• Free support.

• Sales tax calculations and reports

• Free alternative to QuickBooks and expensive software.

... and much more ...

 Watch live demo of the Wave Accounting application:


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