Wave accounting suite now features FreshBooks integration

by Liam Britten

Users of the Wave accounting software will be excited to learn that the company has come out with new features for 2011, including, most notably, integration with invoice software FreshBooks.

This FreshBooks integration, currently in beta, allows users to add billing, invoicing and time tracking tools to the formidable features already in place with Wave. Wave can automatically import new invoices and updates from FreshBooks every night, and, as demonstrated in this video, set-up is a breeze.

As well, Wave now allows users to split expenses to give more detailed information on bills. Wave added this feature for a number of situations, including:

  • You pay for a number of items on one bill, but want to categorize them separately in Wave.
  • You pay for business and personal items on the same bill, and want to categorize each in its proper place.
  • A client pays multiple invoices with one check, and you want to account for these separately.

Finally, Wave now has the capabilities to reverse engineer taxes out of transactions and invoices. Canadian users will be happy to hear that Wave supports both HST and various provincial GST calculations, so you can use this feature no matter what province you are doing business in.

For more info on Wave, click here.

Toronto, Ontario, Canada

In 2003, Mike McDerment, co-founder and CEO of FreshBooks, accidently saved over an invoice, snapped and decided to create a better way to manage his books and bill clients. Since then, FreshBooks has emerged as the #1 cloud accounting specialist for small business owners by helping more than 5 million people track time, organize expenses and invoice clients in the cloud. Known for... more

Toronto, Ontario, Canada

Wave makes it easy to be your own boss. Just do what you're good at, and lean on Wave's smart online software for help with invoicing, accounting and payroll. Wave makes your money-related task easy with: • unlimited invoicing, absolutely free! • accept credit cards on your invoices with our "pay now" feature with a super-low, easy-to-understand flat fee • expense tracking with no more manual... more

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Liam Britten

Liam Britten

Liam Britten is a writer and editor with a journalism background operating out of Vancouver. In addition to his work at Techvibes, he has been published in student publications across Canada, as well as local newspapers such as The MapleRidge-Pitt Meadows TIMES and The Langley Advance. An aficionado for the finer things in life — such as video games and sports — Liam is plugged into the tech... more

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