Running Wave as a service, Invoicing Payments
Wave Agency Implementation, Productized Accounting Services
Learn how to deliver Wave-powered accounting and bookkeeping as a recurring service to clients. This course covers invoice automation setup, bank reconciliation workflows, expense categorization rules, and financial reporting delivery that agencies can white-label or resell as a standalone retainer offering.
Open the decision record for WaveWhat does running Wave for clients commit you to?
Published figures for this service. Blank fields are not published.
- Monthly tool cost
- $0 for core accounting; $20/month for payroll (Self-Serve Payroll), plus transaction fees for payment processing (2.9% per swipe).
- Time to first value
- Based on low setup complexity and 'hours' time to value, but explicit published duration not provided, so 'Not published'.
- Payback
- Not modeled
- Guided implementation
- 8 hours
Is Wave worth running as a client service?
Evidence supports that Wave is a low-cost, quick-to-implement accounting and invoicing tool, ideal for freelancers and small businesses. However, the lack of multi-client management and white-label options limits its fit for agencies, and the ROI timeline remains unknown without defining client pricing, labor costs, and volume.
An agency-fit judgement for reselling this service. It is separate from the tool description on the decision record.
Before you start
What has to be in place before the first client engagement.
Tools and subscriptions
- Wave account (free core)
- Payroll add-on (pricing_partner: wave, plan: Self-Serve Payroll, price: 20.0, period: monthly)
- Payment processing add-on (pricing_partner: wave, plan: Payment Processing, price: 2.9, period: per_swipe)
- Integration with QuickBooks, Xero, or similar accounting tools
- Receipt scanning via Wave mobile app
People and inputs
- Wave's accounting, invoicing, and reporting features (core)
- Access to Wave's support documentation
- Standard operating procedures for client onboarding and periodic reporting
Included with the course
7 working documents for delivering this service.
- Wave Client Onboarding Checklistchecklist
- Bank Connection and Auto-Categorization SOPsop
- Monthly Financial Reporting Templatetemplate
- Invoice Automation Workflow Setup Guideguide
- Expense Category Mapping Worksheetworksheet
- Wave Retainer Pricing and Packaging Templatetemplate
- Payroll Integration Handoff Checklistchecklist
Listed by name. These documents are not yet published as individual downloads.