We have some exciting feature improvements planned for your Wave account, like faster, more intuitive bookkeeping; more speed everywhere; and better reports with great insights for your business. In order to deliver those features, though, we needed to rebuild the entire engine that powers Wave’s accounting system.
Some of our old features won’t run on the new engine—specifically the Budgets and Investments tools found on the Personal side of Wave. Only a small group of customers use those tools regularly. So we were faced with the decision: Do we rebuild all of our existing personal finance features, which would take time to do really, really well; or do we turn our full focus to building more award-winning business accounting tools that millions of entrepreneurs can use to run their businesses better?
We made the difficult decision to retire the Budget and Investment features and focus instead on our business accounting tools.
Your Wave account will be updated to the all-new version of Wave between mid-November and early December. After that, the Personal Budgets and Investments tools will no longer be available.
We wanted to let you know well in advance so you have time to record any data you need.
We’re confident that the business accounting features we’re launching will be more than a worthwhile trade-off. You’ll be able to run your business more easily with better insights and do your books in less time. Stay tuned for updates!