If you go shopping you can automatically upload a copy of your receipt to Wave Accounting with your smartphone, or scan and email it to your Wave account.There are several sales invoice designs to choose from.The Dashboard displays your Bank Account balances (where you click on Update Now to get the new transactions from your bank), A Financial Snapshot showing a chart of Income vs Expenses, Setting Tips, a summary of bills you owe and what's owed to you, a summary of your Net Income, and a colorful wheel chart comparing business expenses.You can access Wave from your smartphone.Connect your bank account to Wave and have your transactions uploaded automatically at the press of a button you still have to allocate each transaction to the relevant income or expense account but this process is the same as what you have to do with QuickBooks or Xero.
Wave Accounting is a great accounting program for small businesses who offer services of some sort, or who sell products but don't need to track inventory, or can track inventory in another program. This one is an online program so will be compatible with any computer system with an internet browser. As of 30 November 2020 Wave is Only Available for Businesses inside the USA and Canada.
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