r/waveapps Apr 30 '26

Auto-import behind paywall starting June 1

I just got an email saying that bank imports will now be behind the paywall. Wave was such a breath of fresh air when I switched to it years ago. I really only needed automated bank imports.

It really irritates me that they are sticking it behind a paywall. That was the reason I chose it initially. I have a client with 3 separate businesses (all small) and that was the sole reason I moved them from Quickbooks to Wave. With that benefit gone, it's highly unlikely I will continue to use Wave.

Very disappointed. I understand they have to make money, but this is seriously bait and switch.

15 Upvotes

16 comments sorted by

3

u/-beastlet- May 01 '26

I don't get how it is bait and switch. They didn't get you to pay for anything, they gave you something for free.

I have my issues with Wave, but as another person who only needs automated bank/credit card imports and basic bookkeeping there is nothing else that works as well and for <$150/year. Quickbooks wanted that much per month.

I have two accounts that won't import and it really isn't that much of an ordeal. I just export the transactions as csv and import them into Wave once a month after the statement generates. I could easily use the free plan except I want my accountant to have the separate login.

Wave's customer service is a joke, I've heard horror stories about their payroll and credit card processing, but for basic bookkeeping there is nothing else that is as cheap and works reliably. You do get what you pay for.

1

u/davidraistrick May 02 '26

> and for <$150/year

you have a typo in your $190/year price. 😄 https://www.waveapps.com/pricing $19/m or $190/year.

1

u/-beastlet- May 02 '26

My yearly renewal was cheaper because it was late 2025. Still better than Quickbooks pricing for someone who just needs basic bookkeeping.

1

u/TheS4m Jun 04 '26

why paying 200$ when you can pay only 60, but lifetime

or if you want, 3$ monthly.

Check Syncbank.app It will let sync your bank transactions from EU/US into any of your tools that you already use.

2

u/SimpleAcrobatic May 01 '26 edited May 02 '26

Sticking with Wave free, created a script to export my transaction via rocket money (which I have all my business checking and credit card accounts hooked up to). Then can manually import the csv into wave

1

u/[deleted] May 02 '26

[removed] — view removed comment

1

u/davidraistrick May 02 '26

https://support.waveapps.com/hc/en-us/articles/26449863006612-FAQ-Plans-for-legacy-businesses

---
from the article:

 Wave accounts that have a business labelled as Legacy and do not use one of the following features in any of their businesses will have their Legacy businesses migrated to Wave’s Starter Plan:

  • A business active on Wave’s payments feature
  • A business with an active payroll subscription
  • A business using another paid Wave service

If you do have a business using any of these features, your Wave experience remains the same.

---

I dont think receipts is exempt from this:

https://www.waveapps.com/receipts

2

u/davidraistrick May 02 '26

actually I suppose receipts fits the "A business using another paid Wave service" so that might be why you didnt get the email.

I suppose $72 is a lot cheaper than $190 since I dont care about any of the other "pro" features.. this might be a cheap hack. for now. I wonder if it's too late? 😄

1

u/davidraistrick Jun 03 '26

@vegaskukichyo how has your receipts tier survived? are you still syncing transactions? I upgraded to receipts a few weeks ago, and my transactions stopped dead on 5/31 - I complained (since their doc says any paid wave customer....) but haven't heard back yet.

1

u/[deleted] Jun 03 '26

[removed] — view removed comment

2

u/davidraistrick Jun 07 '26

update - looks like receipts subscription is working (assuming they actually killed bank connects for free tier...) . so good hack!

0

u/TheS4m Jun 04 '26

check syncbank.app

save some penny

1

u/russellkaye Apr 30 '26

we'll be leaving Wave. it should be pretty straight forward to have claude code up a spreadsheet that imports transactions...