Payroll Software for Small Businesses Wave Financial

You can effectively analyze net sales defined the financial health of your business, find ways to generate more profit, and move forward with your business plan. Create beautiful invoices, accept online payments, and make accounting easy—all in one place—with Wave’s suite of money management tools. Get paid in as fast as 1-2 business days1, enhance your brand, and look more professional when you enable payments. Customers can click a Pay Now button on invoices and pay instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay.

Payroll software that pays off

All your invoicing and payment information automatically syncs with Wave’s accounting feature. negative equity overview implications example Yes, switching from other accounting apps or products to Wave is easy! See our step-by-step guide on how to import bookkeeping data into Wave here. Wave uses real, double-entry accounting software.

Keep track of your business health

Wave Payroll supports paying both employees and independent contractors when you run payroll. The proper tax forms—1099 in the US and T4-A in Canada—are also generated for you. In self-service states (all other 36 states) Wave Payroll does not make payments or file on your behalf. Only pay for what you use and simplify annual audits with workers’ comp built for small business owners. Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information.

“It’s not just a cool piece of software, it is giving peace of mind to people.” You deserve to know your taxes aren’t something you have to sweat over the entire calendar year.” Wave has helped over 2 million North American small business owners take control of their finances. Wave has helped over 2 million small business owners in the US and Canada take control of their finances. With this release, we’re waving bye to bugs and hello to stability improvements.

I’m glad the option is still available online and the system works great and the amount of different charts available is super helpful. With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. Upon processing your first payroll, you can use Wave Payroll for up to 30 days, commitment-free. At any time, you can activate to start your billing cycle and gain access to items like tax filing and approving payrolls beyond the current month. See our full US terms here, and our full Canadian terms here. Our payroll software is seamlessly connected with the rest of your Wave account to reduce the time you spend on manual bookkeeping.

It’s always available, and it’s backed up for extra peace of mind. Our servers are protected physically and electronically. Any connections between you, your bank accounts, and Wave are protected by 256-bit SSL encryption. ‍2 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details. Sign up for Wave and send your first invoice right away—it only takes a few minutes!

App support

I look at the dashboard and know how many invoices are on the way, when they should be paid, and the average time it takes someone to pay. It keeps me on interim reporting track and takes a lot out of my hands. Monitor your cash flow, stay organized, and stop sweating tax season. Say #sorrynotsorry to your spreadsheets and shoeboxes.

1. Schedule everything, from invoice creation and invoice sending, to payment collection and overdue payment reminders.
2. I look at the dashboard and know how many invoices are on the way, when they should be paid, and the average time it takes someone to pay.
3. Wave’s smart dashboard organizes your income, expenses, payments, and invoices.

Give your customers the option of paying with one click using a credit card, bank transfer, or Apple Pay. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your cash flow better than ever. Our (non-judgmental) team of bookkeeping, accounting, and payroll experts is standing by to coach you—or do the work for you.