The Accounts overview in Akaunting open source accounting software ( Source )

Not sure if Wave’s free accounting app is right for you? Check out this video walkthrough of how to set up recurring invoices: Wave also appears on our Accounting FrontRunners list for 2021. While the accounting app really is free, accepting payments (2.9% + 30 cents per credit transaction, or 1% per bank transaction) and running payroll ($20 per month plus $4 per employee) are paid, optional features. This includes informative user dashboards, unlimited income and expense tracking, and customizable invoicing and sales tax processes. But don’t be deceived by this bare-bones approach for a free piece of software, Wave is rich in features. The idea here is that keeping things simple relieves much of the stress associated with accounting software. Its intuitive user interface keeps the most important financial data front and center, accessible immediately after signup via any device with a web browser. The main dashboard in Wave Accounting ( Source )ĭesigned with the small-business owner in mind, Wave- which was acquired by H&R Block for around $400 million in July of 2019-prides itself on its simplicity and ease of use.