App Review: Free Accounting Software – Wave apps
January 11, 2017
Business & Management

WaveApps Accounting

Free Online Accounting - Fully fledged accounting Wave exists to liberate you and your small business with smart, integrated small business software that saves you time and money. Cloud-based, integrated software and tools for small businesses, that ...
You can find this app on Dashboard by searching for it on the button bar

Unless you’re willing to pay a lot of money for an accountant to do all your bookkeeping, you will need some form of accounting software. And let’s face it you can only get so far with excel.

There are many paid cloud accounting solutions out there but most of them are not free. That’s where Wave Accounting comes in. It’s completely free and has been operational as software for a number of years which means it’s stable and been improved considerably from it’s early days. You can handle all your major accounting needs like creating invoices, general ledger accounts, and tools like connecting to your bank account making bank reconciliation simple.

We would recommend this web app for you if you’re running a small business as it provides you with all you need and it’s simple to use but most importantly is free to use.

The only thing it might be lacking is a few reporting features, but hopefully we’ll see some improvements in the near future.

Stephen Diederichs

Stephen Diederichs

I have been dabbling in computers ever since I was 10 years old, starting with a monochrome IBM XT – running 128KB of RAM! Therefore, it was not surprising that I ended up as a programmer and website developer. What was surprising for me however, was the realization that I could make a business out of it.

Armed with some knowledge of HTML, PHP and MySQL, I started a small web design company straight after school. Having my own business gave me the freedom to manage my own time. This allowed me to travel, which ultimately lead me to India where I met my wife and where I am now settled.

Thanks to the Internet and the ability to do business remotely, I live in a prime spot of forest in the foothills of the Himalayas – farming by day and programming by night.

I have long since realized that passive income is the best business model. However, to achieve a sustainable level of income proved challenging and took many years to accomplish. Now, as I lead the software development team of TMM, I am confident that our lessons learnt will help others achieve quickly what has taken us years of trial and error.