Question

create a chart in Word that categorizes Wave’s key accounting features. Next, write one paragraph, within the same document, explaining whether Wave would be an efficient software for your restaurant business.”

Answer 1

WAVE'S KEY ACCOUNTING FEATURES

Let’s not overcomplicate this:

• You want to track your income and expenses.
• You want to be ready for tax time.
• You want to understand your business.

This is the place.

Easy and intuitive

You can do this

We designed Wave for non-accountants. No jargon, just easy software that makes sense.

Get started in seconds

Wave customizes your software instantly, so you don’t have to configure any technical bits.

In the cloud

Work on any computer, anywhere, any time. Your data is always available, and it’s backed up for extra peace of mind.

Organized and stress-free

Connect your bank and credit cards

Shoebox accounting stops now! Connect your bank accounts in seconds, and transactions appear in your bookkeeping automatically. No more piles of receipts to key in.

You’re ready for tax time

When everything is neatly where it belongs, tax time is simple. And throughout the year, smart dashboards tell you how your business is doing.

We’re serious about security

Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. And Wave is PCI Level-1 certified for handling credit card information.

DIY tools, accountant approved

Powerful software

Wave is real, double-entry accounting software. Don’t know what that means? That’s OK. Accountants do, and they’ll thank you for it.

Automatic reports

P&L, sales tax reports, balance sheets and more: Get all the reports you need to run your business better.

Simple, instant collaboration

Invite the people you trust to help you manage your books: business partners, assistants, accounting professionals. You control the access.

Everything in one place

Built-in invoicing

Wave Accounting’s free invoicing and free accounting work perfectly together. Paid invoices are instantly updated in your books. No extra work required.

Receipt scanning

Use the free Receipts by Wave app to snap a picture of your receipts and turn them into complete accounting transactions. Make your business audit-proof.

Built-in payroll

Wave Accounting’s affordable payroll services (U.S. & Canada) connect with your accounting, too, so your finances are always effortlessly up to date.

WAVE IS EFFICIENT SOFTWARE FOR BUSINESS

Wave is free, and packed with features one would typically pay for in other premium products. Wave is the perfect accounting solution for small businesses. For starters, it offers all the essential features ANY business needs... plus more. Manage estimates, invoices, and statements with ease. It even supports recurring invoicing, manage payments, and build a massive library of products and services to choose from for your estimates and invoices. Wave even manages receipts, bills and vendors to track expenses. Like more control than just simple single entries? Wave supports traditional double-entry accounting as well, for increase control of your business accounting needs. Need to accept credit card payments? Wave has a built-in merchant account feature that let's you collect payments online through your invoices. Make email invoices, or attach them as PDF files. And when you get paid, Wave notifies you. Funds are transferred to your connected business account in a couple of days. Reporting? Wave has you covered. All essential reports are available at your fingertips: financial statements, taxes, customers, vendors, and other general reports. And if your business has employees, Wave can handle your payroll. But this feature is a premium... everything else is part of your free account