![]() Wave supports and tracks sales taxes and receivables, including those grouped by customer and aged receivables. Wave includes a billing portal, so you can easily keep track of your revenue. This makes sense – after all, Wave wants to guide all its free users towards its own payment processing fees – but it's a restriction that will annoy any small business that's already happy with another payment service. Wave supports its own first-party payment processing, but won't allow any third-party integrations to process payments through the Wave platform. It also allows you to send and receive invoices through the Wave mobile app, so it's easy to use while on the go. Wave fully delivers on its invoicing delivery tools: The service lets you easily set up recurring invoices (a key time-saving feature), supports payment reminders, and tracks invoices so you'll know when they've been opened. It's not bad at all, but several services are better, with Zoho Invoice in particular coming out ahead – in fact, it supports every feature mentioned here. This makes Wave ultimately a middle-of-the-road service for invoice creation specifically. 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.
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