Best free software for contractors

A successful contractor job requires the right tradesperson, the right materials, and the right building practices. A successful contracting business also requires the right accounting software. Track expenses, manage payroll, and prep for tax time with Wave’s free accounting software for contractors.

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Spend time building, not balancing books

Contractors like you have a lot to manage, so you shouldn’t have to get bogged down by accounting work. Wave’s accounting software is designed to help contractors and business owners like you quickly visualize cash flow, send invoices to customers, and track expenses without hassle. You don’t need an accounting background to manage your bookkeeping.

Work in the cloud, even when you are on site

Wave’s flexible and cloud-based accounting platform is always accessible, easy to use, and simple to set up. Creating a free account only takes a few minutes. You’ll also enjoy that extra peace of mind knowing your information is backed-up and secure.

My fav tool for invoicing and accounting is Wave. Totally free. Easy-to-use. And I love the interface!

Julienne Desjardins - Digital Marketer

Unlimited accounting, 100% free

Try Wave for free

Create a flexible accounting blueprint

Contracting requires professional expertise to determine the right labor, materials, and costs for each job. That means you need an accounting system that is flexible enough to meet specific job requirements and get you paid. Wave’s accounting platform is designed to help contractors manage complex finances in a simple manner.

Strengthen your financial foundation

Gain an accurate understanding of your income, expenses, and cash flow data with easy-to-understand visual graphs and charts. If you want to dig deeper, you can export reports into spreadsheets to take a closer look at where your income is coming from, and which expenses are affecting your bottom line.

Bring in your crew

You can easily add collaborators with limited permissions to your account, so your crew can add expenses and invoices for jobs they’re working on to help you manage the books. Wave is easy to use, with a library of useful articles to help you and your team get up to speed and make the most of this accounting platform.

Find solid ways to grow your business

Create graphs, charts, and dashboards to quickly assess your cash flow, including what jobs are bringing you in money and what materials or other expenses are cutting into your bottom line. Dig into detailed data with expense tracking and customized reports to manage your revenue, categorize expenses, and find cost-cutting opportunities.

Empower your finances and build up your profits

You don’t need to understand the intricacies of finance to take control of your business. Wave is free, easy-to-use, and highly customizable. Wave’s accounting software and additional features can help take charge of your business and keep your hard-earned income safe as you grow your business.

Get paid quicker for your jobs

Certain jobs can take up a lot of time and effort. Make sure you get paid for your hard work. Wave can help you manage your invoices and take your business to new heights. Professional invoice templates, automated payment reminders, recurring invoices, and convenient payment options for your customers can all help you get paid quicker.

Track expenses and cut costs

Wave’s expense tracking features come with the option to categorize, add notes, and search past transactions. Make sure your contracting business is as solid as your work by understanding the costs of your labour, materials and supplies.

Be prepared for tax season

Take away the stress of tax time with Wave’s smart dashboard. It organizes your income, expenses, payments, and invoices for efficient and accurate tax preparation. You can safely and easily export year-end reports directly to your accountant, or add them on as a limited user.

Unlimited accounting, 100% free

Try Wave for free

Customers love Wave

4.4 out of 5 stars based on user reviews collected by G2Crowd as of Spring 2022.

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4.4 out of 5 stars

Frequently Asked Questions

Is your software actually free?

Yes! Our invoicing, accounting, and US-only banking software is 100% free—no trials, subscriptions, or hidden fees.

What’s the catch—how does Wave make money?

Wave makes money through our optional, paid money management products. Depending on your business needs, you can choose to pay for online payment processing, payroll, and 1:1 advisors. This allows our core software—invoicing, accounting, and business banking (currently only available to sole proprietors in the US)—to always be free.

Do I need to enter my credit card details to sign up?

Put your wallet away. You won’t need to enter a credit card unless you want to use our payroll service. Just create your account and get started for free.

Do I need to install any software?

Wave is 100% web-based, so you just need an Internet connection and browser. You can, however, download and install our mobile invoicing app for iOS and Android.

Is my data secure?

Completely. Our servers are protected physically and electronically. Any connection between you and Wave is protected by 256-bit SSL encryption. Wave is a PCI-DSS Level 1 Service Provider.

Do you provide customer support?

We provide different levels of support for customers who use different parts of Wave. Full details on how Wave support works are available here.

It only takes a few minutes to make your life easier with the right accounting software.

Track expenses, manage payroll, and prep for tax time with Wave’s free accounting software for contractors.