Missing features? An invoice by Wave won't add tracked hours, won't display discounts, and doesn't allow file attachments. The invoices can calculate taxes and create estimates, while offering multi-currency support – all useful features for a versatile invoicing service. ![]() While the number of core templates is a little low at just three, you'll be able to add a company logo, customize colors, and include customer notes. Wave offers a decent range of invoice creation tools and abilities. Here's a table with some real-life examples of the three different types of payment processing fees you'll see while using Wave Invoicing: Regardless of which options you're using for payments, the core invoicing ability that Wave offers remains free. Either $1 or 1% for ACH bank payments (whichever's more).3.4% plus 60 cents per transaction for American Express.2.9% plus 60 cents per transaction for Visa, Mastercard, and Discover.But if you want to add the ability to accept payments with your invoices, you'll need to pay a processing fee.ĭepending on what service you use, you'll have one of three options: Wave is a free accounting software for small businesses that want to handle invoicing, accounting, and receipt scanning. The break down of the transaction costs and what features you'll get can be a bit complicated, so read on for a full summary, as well as the pricing behind Wave's Payroll add-on. It's not just for invoices, either, offering general finance management tools as well. The Wave platform has high invoicing functionality and great customer service options, even if a few features are limited. With no monthly cost, you'll only have to pay for sales you actually close. However, you will pay a processing fee for any money collected through the service: This fee is 1% for bank payments, and 2.9% + 60 cents for credit payments (or 3.4% plus 60 cents for American Express). ![]() Wave Invoicing is free, in the sense that it comes with no monthly charge.
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