Wave Accounting creates accounting solutions specifically designed to cater to small business owners, independent entrepreneurs, contractors and freelancers. It provides free online accounting software that improves efficiency by replacing time-consuming manual entry of receipts.
You can automatically import everything from credit card purchases to monthly bank account statements onto your personal computer. It lets you create and send invoices and track payments to employees, vendors and other parties. The software breaks down expenses in detail and shows where you can save money. It is a virtual filing system keeping your records all in order. This makes filing taxes and getting business loans a simpler task.
Wave Accounting software is completely secure. It employs a 256-bit encryption code to protect your data. All severs holding your data are also protected electronically and physically. Any connections to your bank account or credit cards are read-only to prevent transactions being made through the software.