Wave is cloud-based, so you can update your accounting software anywhere, anytime. Manage receipts, record payments, and reconcile accounts at your convenience.
Whether you’re a volunteer, board member, accountant, or anyone in between, it’s easy to learn how to use Wave. A beginner-friendly interface makes it easy to get used to managing the books.
With features like bill and invoice reminders, free bank connections, and receipt scanning apps, you can invest more time making a difference and less in your nonprofit accounting software.
My fav tool for invoicing and accounting is Wave. Totally free. Easy-to-use. And I love the interface!
Automatically import your transactions into your bookkeeping software with easy and unlimited bank account and credit card connections. Bulk transaction updates make for quicker bookkeeping.
Cut costs with detailed expense tracking
Manage accounts payable, categorize expenses, and find out where most of your church’s money is going. Over time, Wave will reveal valuable money-saving opportunities.
Monitor your nonprofit's financial health
Log in anytime to get a big picture sense of your church’s financial position. Wave displays instant invoicing, payroll, and payments data updates, along with dashboards for cash balances.
Get your books in order
Wave keeps accounting simple for nonprofit organizations: a simple yet powerful interface without an overwhelming number of options. Get set up in seconds, go back and fix mistakes, and share with anyone who needs to access your books.
Easy to understand accounting reports
You don’t need to be an Excel wiz to understand your organization’s financials. Export profit/loss, sales tax, cash flow, comparative, and more reports with visual graphs that makes the information easy to comprehend.
Your accountant is already on board
When it’s time to get an accounting professional to help, you’ll have a seamless transition. Wave uses accountant-friendly double entry accounting — just set them up and get back to your organization. Focus on the cause instead of cash flow.
4.4 out of 5 stars based on user reviews collected by G2Crowd as of Spring 2022.
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?
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.