I recently tested Wave, a free accounting tool tailored for small businesses and freelancers. Here's my honest feedback from hands-on use.
Wave shines with its completely free core features like invoicing, expense tracking, and basic accounting, which saved me time right away. I loved sending professional invoices and accepting payments via credit card or bank transfer without extra fees eating into profits. The dashboard gives a clear snapshot of cash flow, and bank reconciliation happens automatically, making monthly bookwork a breeze.
Setup was quick across web, iOS, and Android apps, with no steep learning curve. For paid add-ons like payroll or advanced reports, Pro starts at $16/month, which feels fair. The only downside? Support relies mostly on chatbots and forms, not live phone help, which slowed me once during a glitch.
Overall, Wave is a game-changer for solo entrepreneurs needing simple, cost-free financial tools without sacrificing usability.