Wave Payroll
Payroll add-on for Wave accounting.
Practice ManagementFrom $40/mo
★★★★★4.6 · 147 G2 reviews
About Wave Payroll
Payroll add-on for Wave accounting. Processes payroll, manages tax filings, and handles direct deposits for small businesses using Wave's free accounting.
Best for
Wave accounting users wanting affordable payroll integrated with their free accounting software
Pros & Cons
Pros
- Key capabilities include payroll processing and tax filings.
- Also offers direct deposit and t4/w-2 generation.
- Particularly well-suited for wave accounting users wanting affordable payroll integrated with their free acco.
Cons
- No free tier available for evaluation.
- Limited integration ecosystem compared to larger competitors.
- Newer or niche product may have a smaller user community.
Ledger Brief Take
This is strictly for existing Wave Accounting users — the payroll module won't work standalone and lacks integrations with other accounting platforms. While it handles the basics competently (processing, tax filings, direct deposits), it's essentially a feature extension rather than a full payroll solution, making it ideal for micro-businesses already committed to Wave's ecosystem but limiting for firms serving diverse clients.