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Wave-The Free Accounting Software Quiz

Wave is a free modern take on all around accounting software. This is a web-based application designed for the small business owner to help with all aspects of the financial side of a business. It is used for everything from product pricing, to making quotes, to payroll. This software is meant to combat more traditional software choices such as Quickbooks. Wave is a robust program designed entirely for the online and mobile formats offering applications available on both iPhone and Android. It comes with a simple interface with the ability to do everything that its competitors can, but now in the palm of your hand. Wave allows you to make all necessary financial reports to manage your business as well as prepare for taxes towards the end of each fiscal year. Wave is designed to be useful to virtually

anyone and can even be used by non-business owning individuals just to pay bills and keep track of your regular everyday finances. Wave is designed to be easily accessible to any and everyone and to keep down costs as an appeal to small business owners. More established programs such as Quickbooks have become expensive and are not as user-friendly and simply structured as Wave. Most competing applications don’t offer a mobile platform either, so business is limited to sitting in front of your computer. Wave embraces the modern business approach being a completely Ecommerce based platform. This increased emphasis on mobile and online business is what is propelling companies like Wave to the forefront of the business market. On their website Wave also offers free help from their Advising staff if anyone has any problems or confusion with Wave, as well as a tech support section for more specific questions and issues. Wave is ready to go alongside companies and individuals to help you get the best results out of their software.

  • Question /

    Which of these was not one of the primary functions of wave discussed in the video?

    • Creating an Invoice
    • Creating a Quote
    • Creating Receipts
    • Scheduling employees
  • Question /

    It is necessary to connect a bank account to this software to use it to run your finances. True or False

    • True
    • False
  • Question /

    Wave allows you to store product prices in the app to quickly create invoices with only one click. True or False

    • True
    • False
  • Question /

    Wave requires a monthly subscription for the basic functions. True or False

    • True
    • False
  • Question /

    Wave will store your past customers in the invoice section for ease of invoicing. True or False

    • True
    • False
  • Question /

    Wave allows a preview in the Invoice section so you know exactly what your client is seeing. True or False

    • True
    • False
  • Question /

    Wave is designed to only work for a select few industries. True or False

    • True
    • False
  • Question /

    Wave allows you to easily set up discounts that can be applied to all operations. True or False

    • True
    • False
  • Question /

    After you have created a quote you can directly convert that into an invoice for easy billing. True or False

    • True
    • False
  • Question /

    Wave allows you to upload scanned in documents such as receipts. True or False

    • True
    • False

Written by Seth Cravens

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