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Should Freelancers Catch a Wave? — Wave Review
Does Wave make accounting easier to understand for freelancers? And is it really that cheap? Let’s find out!
As a freelance writer who loves technology, I’m on a never-ending quest to find the best tools that support my business. Since there isn’t a perfect all-in-one tool for freelancers, I use multiple services to achieve my goals. Let me be your canary in the coal mine, testing freelance tools to figure out if they’re right for you. Today, I look at the endlessly customizable Notion and how it makes freelancing easier.
What does Wave do?
Wave is an accounting system with some bonus features. The Wave bread and butter are tracking transactions and preparing necessary reports — Income Statements, Profit and Loss Statements, Balance Sheets, etc. Wave connects with financial institutions to automatically import the data to make everything extremely simple and almost automatic.
In addition to accounting, Wave also offers a customer database and digital invoicing with online payment options. While not as fully featured as Bonsai’s invoices, Wave provides all the necessary features and integrates invoice payments into financial transactions.
