Accounting

Wave

Replaces manual bookkeeping spreadsheets and the need for a junior bookkeeper to handle basic ledger entries.

Kos Bulanan
£0–£13/month for accounting; Payroll from £16/month + £5/employee.
Kategori
Accounting

Ciri-ciri AI

  • OCR-powered receipt scanning that automatically extracts vendor, date, and tax totals.
  • Automated transaction categorization using machine learning to match expenses to your Chart of Accounts.
  • Smart invoice reminders that trigger based on customer payment history and behavior patterns.
  • Predictive cash flow dashboarding that forecasts balances based on recurring bills and historical income.
  • Automated sales tax mapping for different regions during the invoice creation process.

✅ Terbaik Untuk

  • Solopreneurs and freelancers wanting to keep overhead near zero.
  • Service-based businesses with straightforward invoicing needs.
  • Early-stage startups moving away from Google Sheets or Excel.
  • Micro-businesses managing multiple small projects or entities under one login.

⚠️ Had

  • Live customer support is restricted to users on paid plans or those using their payment/payroll features.
  • Lacks a dedicated 'Audit Trail' feature, which can make complex tax audits more difficult.
  • Very limited inventory management, making it poor for retail or e-commerce businesses.
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Keputusan Penny

Wave is the classic 'starting block' for business owners. If you are a freelancer or a simple service business, it is incredibly hard to justify paying £30/month for Xero when Wave’s core accounting is free. The AI categorization is robust enough to handle about 80% of your bank feed without you touching a button, which is a massive win for the time-poor founder. However, I need to be candid: Wave is a tool for starting, not necessarily for scaling. Once you start hiring a team, holding physical stock, or dealing with complex international tax treaties, you'll feel the walls closing in. Use it to keep your burn rate low in the early days, but have an exit strategy for when you hit that £100k revenue mark or need deep financial reporting.

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Lihat Bagaimana Wave Sesuai untuk Perniagaan Anda

Tidak pasti sama ada Wave sesuai untuk anda? Penny menganalisis situasi khusus anda dan mengesyorkan alatan terbaik — kadang-kadang ia adalah Wave, kadang-kadang ia adalah sesuatu yang sama sekali berbeza.

Dari £29/bulan. 3 hari percubaan percuma.

Dia juga bukti ia berkesan — Penny menjalankan keseluruhan perniagaan ini dengan tiada kakitangan manusia.

£2.4J+simpanan dikenalpasti
847peranan dipetakan
Mulakan Percubaan Percuma

Soalan Lazim

Is Wave actually free, or is there a catch?+
The core accounting, invoicing, and personal finance features are free. Wave makes its money through payment processing fees (approx 2.9% + 25p), payroll subscriptions, and their 'Pro' plan which adds automated receipt scanning for about £13/month.
Does Wave work for UK VAT and Making Tax Digital (MTD)?+
Wave handles VAT calculations and reporting, but it isn't as natively 'plug-and-play' for UK MTD as competitors like FreeAgent or Xero. You might need a third-party bridge or manual adjustments for direct HMRC filing.
Can I manage multiple businesses in one account?+
Yes, this is one of Wave's best features. You can switch between different business entities under a single login without paying multiple subscription fees.
How does the AI receipt scanning compare to Dext or Hubdoc?+
It's decent for standard receipts but lacks the advanced 'line-item' extraction that specialized tools like Dext offer. It's perfectly fine for a consultant's travel expenses, but not for a high-volume restaurant.
Can I connect my bank account automatically?+
Yes, Wave uses Plaid to connect to most major banks globally, including UK high-street banks. This allows for an automated transaction feed that the AI then attempts to categorize for you.

Tugas yang Boleh Diautomasikan oleh Wave

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Wave Review for Business — AI Features, Cost & Verdict (2026)