Wave Payroll Overview
What is Wave Payroll?
Wave Payroll is a payroll management solution designed to help small businesses simplify and automate payroll processes, as well as stay compliant with taxes and deductions. With Wave Payroll, users can track and manage vacations, benefits, and overtime accurately and efficiently, and provide users with quick access to accurate pay stubs and reports. As a cloud based solution, Wave Payroll gives users the flexibility to access and manage payroll information anytime, anywhere, via any internet-enabled device.
Wave Payroll provides users with all the features necessary for small businesses to run payroll including Wave accounting, invoicing and receipt scanning integration, timesheets, tax forms, payroll reminders, and self-service check printing. An employee self-service portal enables users to access pay stubs and W2s conveniently online, while secure collaboration tools allow users to share information safely with bookkeepers, partners or assistants. 256-bit encryption and data backups ensure all data is managed safely and securely.
Wave Payroll supports automatic filings and payments for users in Canada, Arizona, California, Florida, Georgia, Indiana, Illinois, Minnesota, New York, North Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin. Since Wave Payroll connects seamlessly to all other Wave accounts, users can record payroll journal entries automatically. Wave Payroll also support direct deposits, allowing users to deposit pay directly into an employee's bank account.
Wave Payroll Overview
Pricing
Pricing options
USA pricing:
Tax service states (California, Florida, New York, Illinois, Virginia, North Carolina, and Washington): $35/base fee + $4 per employee/month
Self service states (All other 43 states): $20/base fee + $4 per employee/month
Canada pricing:
$20/base fee + $4 per employee/month
Wave Payroll Features
Media
Wave Payroll Reviews
Wave Payroll Reviews
If was any simpler it'd be illegal
Super simple. We were actually able to get everything set-up in 4 hours, not missing a beat, employees were paid on time and reporting cash in - cash out doesn't require a degree from MIT.
Wave is better than Xero & QuickBooks
My overall experience has been spectacular. It was easy for me to add bank accounts and integrate other key extensions. I prefer this over Xero only because it's free and easy to use on both mobile and desktop. It's packed with many things that I still have to explore when I get the chance. I think everyone should give this software a shot before they decide on moving on to a paid platform.
Nice on the eyes, poor on performance
You get what you pay for. Great for when things were super, super simple, but at 11 employees, I'm ready to ditch for something that can really help us when we really need it to just work. Wave doesn't.
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If was any simpler it'd be illegal
Pros
I can't even begin to say how SIMPLE it is! I was looking for something that my Daughter and Wife could use to do AR/AP as well as payroll. It took me literally 4 hours to get 237 employees added with their payroll information. Didn't miss a payday :-)
Cons
The invoicing was/is clunky. You only have 3 designs to choose from. I haven't found a way to import designs from another invoicing software that I was using. I'd kind of like to just have one......but it's not too important right now.
Wave is better than Xero & QuickBooks
My overall experience has been spectacular. It was easy for me to add bank accounts and integrate other key extensions. I prefer this over Xero only because it's free and easy to use on both mobile and desktop. It's packed with many things that I still have to explore when I get the chance. I think everyone should give this software a shot before they decide on moving on to a paid platform.
Pros
I like that it's completely free and has many easy aspects of adding receipts, reporting, tracking your expenses, bank accounts and more. I compared it with other bookkeeping software and Wave is the best because it's free and does the same things as other platforms but more. I will mainly be using this in my business to keep track of taxes and file it accordingly.
Cons
There are no cons for me for this software as I recently started using it. I think the only thing they should do is continuously adding more features and updates.
Nice on the eyes, poor on performance
You get what you pay for. Great for when things were super, super simple, but at 11 employees, I'm ready to ditch for something that can really help us when we really need it to just work. Wave doesn't.
Pros
User-facing pages are nice looking, invoices and other docs look professional.
Cons
Customer service is mainly by chatting with a bot. They have no help pages. The bot is generally useless and we have to eventually email for support. They have no phone support at all. Off-boarding a dismissed employee makes it look as if they have not thought through the process. Beneath this all the time is the constant annoyance with how long every operation takes. Their site is noticeable slow compared to many others, and for just about everything.
I have been using WaveApp For 2 years
Pros
I absolutely love Waveapp. It is easy to use to manage my client invoices, estimates, employee payroll, and track business expenses.
Cons
The only drawback is waiting several days for funds to be transferred to your bank account. When my clients make a payment, I get a notification that I have been paid, however, those funds take a few days before they actually show up in my bank. It would be great if Waveapp was a bank as well.
I love Wave
Pros
I love Wave! It is awesome. The payroll feature is easy to use and the transaction tagging is very easy.
Cons
I do not have very many complaints if any at all. The support staff responds very quickly to any issues or concerns that a user may have.
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Wave Payroll Pricing
Wave Payroll Pricing
USA pricing:
Tax service states (California, Florida, New York, Illinois, Virginia, North Carolina, and Washington): $35/base fee + $4 per employee/month
Self service states (All other 43 states): $20/base fee + $4 per employee/month
Canada pricing:
$20/base fee + $4 per employee/month
USA pricing:
Tax service states (California, Florida, New York, Illinois, Virginia, North Carolina, and Washington): $35/base fee + $4 per employee/month
Self service states (All other 43 states): $20/base fee + $4 per employee/month
Canada pricing:
$20/base fee + $4 per employee/month
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Wave Payroll Features
Wave Payroll Features
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Categories
Categories
Additional information for Wave Payroll
Additional information for Wave Payroll
Key features of Wave Payroll
- 256-bit SSL encryption
- Activity dashboard
- Approval process control
- Automatic filings & payments
- Banking information management
- Benefit calculations
- Bonus tracking
- Compliance management
- Contact information management
- Data migration
- Direct deposit
- Employee self-service portal
- Information for tax forms
- Overtime tracking
- Payroll journal entries
- Payroll management
- Payroll reminders
- Records of employment
- Reports
- Secure collaboration with bookkeeper
- Self-service check printing
- Self-service pay stubs & tax forms
- Tax calculations & deductions
- Vacation tracking
- Wave accounting integration
- Year-round record keeping
Benefits
Wave Payroll FAQs
Wave Payroll FAQs
Below are some frequently asked questions for Wave Payroll.
Q. What type of pricing plans does Wave Payroll offer?
Wave Payroll offers the following pricing plans:
Starting from: US$20.00/month
Pricing model: Subscription
Free Trial: Available
USA pricing: Tax service states (California, Florida, New York, Illinois, Virginia, North Carolina, and Washington): $35/base fee + $4 per employee/month Self service states (All other 43 states): $20/base fee + $4 per employee/month Canada pricing: $20/base fee + $4 per employee/month
Q. What are the main features of Wave Payroll?
Wave Payroll offers the following features:
- 256-bit SSL encryption
- Activity dashboard
- Approval process control
- Automatic filings & payments
- Banking information management
- Benefit calculations
- Bonus tracking
- Compliance management
- Contact information management
- Data migration
- Direct deposit
- Employee self-service portal
- Information for tax forms
- Overtime tracking
- Payroll journal entries
- Payroll management
- Payroll reminders
- Records of employment
- Reports
- Secure collaboration with bookkeeper
- Self-service check printing
- Self-service pay stubs & tax forms
- Tax calculations & deductions
- Vacation tracking
- Wave accounting integration
- Year-round record keeping
Q. Who are the typical users of Wave Payroll?
Wave Payroll has the following typical customers:
Small Business, Freelancers
Q. What languages does Wave Payroll support?
Wave Payroll supports the following languages:
English
Q. Does Wave Payroll support mobile devices?
We do not have any information about what devices Wave Payroll supports
Q. What other apps does Wave Payroll integrate with?
Wave Payroll integrates with the following applications:
PieSync, Sage People
Q. What level of support does Wave Payroll offer?
Wave Payroll offers the following support options:
FAQs, Forum, Knowledge Base, Online Support, Video Tutorials, Phone Support
Super simple. We were actually able to get everything set-up in 4 hours, not missing a beat, employees were paid on time and reporting cash in - cash out doesn't require a degree from MIT.