Minding Your Money
I’ve used a number of business accounting software packages over the years but haven’t found one that I really liked. Quicken changed every year. Quickbooks kept crashing on me and was expensive to upgrade. A couple of other online accounting programs didn’t display info in a user-friendly fashion. I recently discovered a new online solution that changed everything for me.
Wave Accounting is a free online accounting program that is easy for small business owners to use, with the intention of simplifying many of the administrative tasks its customers face. Wave does the work for you. You don’t need to understand accounting to use it. But under the hood, it’s real double-entry accounting that your accountant will love. The more you use Wave, the smarter it gets, making your work even easier.
With Wave you can connect almost any credit card, checking or savings account and import all your transactions automatically, every night while you sleep. You can also connect Wave to your bank account (optional), and say goodbye to manual data entry. Wave has more time-saving features, too, like transfer matching, sales tax calculations, reminders for invoices and bills, and more.
With Wave, you can work on any computer you want. Start on a PC at work, and continue on a Mac at home. You can also collaborate easily with your accountant, bookkeeper or business partner. Just invite them as a Guest Collaborator and you can both see your data, securely, in real time. When you have employees to pay – or just to pay yourself – you can use Wave Payroll for $5 per employee per month.
As a small business owner, you need to know your complete financial picture. So Wave gives you two dashboards: One for your business, and another for your personal finances. This is one of my favorite features of the program. Also included are unlimited invoices, unlimited expense tracking, automatic backup, customizable reports, customizable accounts, and foreign currency.
Your data is secure, as they use bank-quality protection, like read-only connections, 256-bit encryption, electronically and physically secured servers, and third-party certifications.
Best of all, Wave is free. Not just a trial, or a limited version, but completely free!
About the Author Donna Gunter
Best-selling author Donna Gunter works with successful business owners who are experts in their fields and established in their industry and are seeking a way to stand out from their competitors. Using her Ideal Clients on Autopilot System©, she helps them determine the exact strategies to generate more qualified leads and better-paying clients with automated systems. This proven system makes all their marketing easier and more effective and they find themselves positioned as the only choice for their clients.
