HR Tools
Wave Accounting
Wave is free accounting software for small businesses, covering invoicing, expense tracking, and payroll in one web-based platform.
What is Wave Accounting?
Wave was founded in 2009 in Toronto with a radical proposition for small business accounting software: make it free. While competitors charged monthly subscriptions, Wave offered its core accounting — invoicing, expense tracking, and financial reporting — at no cost, monetizing through payment processing fees when customers used Wave Payments to accept credit cards, and through payroll subscriptions in supported markets. H&R Block acquired Wave in 2019 for $537 million, adding Wave's small business accounting user base to H&R Block's tax preparation ecosystem and creating cross-sell opportunities for tax filing services.
Wave's platform handles the full accounting workflow for micro-businesses and freelancers: double-entry bookkeeping behind a simplified interface, bank connection through automatic bank imports, invoicing with online payment links, receipt scanning through the Wave Receipts mobile app, and payroll processing in the US and Canada. The free pricing model has attracted a large user base of sole proprietors, freelancers, and very small businesses who couldn't justify the cost of QuickBooks or Xero subscriptions. The integration between Wave Accounting and Wave Payments creates a unified record of both bookkeeping entries and payment transactions.
Wave outages affect a user base that tends to be less sophisticated technically and more likely to be confused when a tool they have come to rely on suddenly stops working. The web-based accounting portal fails to load or shows blank data when backend services are degraded. Bank import connections fail to retrieve new transactions, leaving account reconciliation incomplete. Invoice payment links — the URLs Wave embeds in PDF invoices for online payment — fail to load for recipients trying to pay, directly blocking revenue collection. Wave Payments card processing fails at checkout when the payment processing backend is unavailable. The payroll portal fails to complete payroll runs during backend degradation, which for businesses processing payroll on fixed dates creates urgent problems.
Outage.gg tracks Wave Accounting platform status using real-time community reports from freelancers and small business owners. If Wave is down, invoices are not loading, or payroll is failing, the live status page shows current impact from the Wave community.
Common Wave Accounting Problems
Issues users most frequently report when Wave Accounting is having problems.
Login failures
Players are unable to sign in, receiving authentication errors or being stuck on loading screens.
Matchmaking problems
Unable to find or join matches, long queue times, or errors when trying to connect to game servers.
Disconnections mid-session
Getting unexpectedly kicked from active sessions, losing in-game progress or items.
In-game store & purchases
Cannot load the in-game store, complete purchases, or received items are not appearing in inventory.
Frequently Asked Questions
Common questions about Wave Accounting outages and server status.
You can check the live Wave Accounting server status at outage.gg/services/wave-accounting. The page shows real-time community-submitted outage reports, an hourly trend chart, and the current health status.
Wave Accounting can stop working for a number of reasons including scheduled maintenance windows, unexpected server failures, network infrastructure problems, or DDoS attacks. Check the live status page on Outage.gg for the latest community reports to see if others are experiencing the same issue.
Go to outage.gg/services/wave-accounting and click the "Report an Issue" button. Your report is counted immediately and helps confirm whether a problem is widespread. Reports from multiple users trigger a status change visible to everyone watching the page.
Click the "Notify Me" bell button on the Wave Accounting status page at outage.gg/services/wave-accounting. Create a free account and we will send you an email the moment Wave Accounting comes back online — no app download required.
Many services maintain official status pages with planned maintenance notices. Outage.gg aggregates real-time community-reported outages which often surface faster than official channels.
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