As the looming income-tax season gets closer and closer, we thought we’d share something relevant – a free-forever-no-strings-attached cloud-based accounting software for small businesses: Wave.
This Toronto-based company is rated as the best free accounting software by Business News Daily. Wave is an industry favorite – allowing small businesses to create invoices, reconcile payment, monitor your outstanding balance and create accounting and income tax reports from the convenience of your browser. All for FREE.
Don’t worry, the lack of cost doesn’t mean you’ll be sans security. Wave uses bank-grade security measures – including 256-bit SSL encryption, 24/7 physical server security, password protection, read-only access and externally reviewed privacy practices – to keep your data and your money safe.
So how does Wave make money?
Seem too good to be true? Although the core accounting functions are complimentary, the add-ons such as payroll (which is comparable to other accounting systems like QuickBooks), credit card billing and premium support services come at a fee. And they also earn revenue through non-obstructing advertising, which connects vendors with small businesses like you to offer exclusive discounts and products.
Wave Help Centre
Known for its ease of use and time-saving automated features, Wave brings free, simple accounting tools to the way you do business. It also comes with a well-documented knowledge base that will help you get started with the system, and for the most part, save you from using their premium support.
In addition to being a great help for your practice management, we thought you could use a break during crazy tax season and save some money. To learn more about Wave, visit waveapps.com.