In this episode, you'll become familiar with Wave accounting software.Wave can take the stress out of balancing your business's books, separating your business and personal expenses, and prepping your business for tax season. Wave ensures you are equipped with the right accounting software to do more than just basic bookkeeping. You can effectively analyze the financial health of your business, find ways to generate more profit, and move forward with your business plan.Wave helps you understand how money flows in and out of your businesses. It replaces the time-consuming method of collecting receipts in a drawer and manually tracking revenue and expenses in a spreadsheet or with pen and paper.It helps you quickly categorize transactions and generate financial statements. These include cash flow reports, balance sheets, profit and loss statements, and expense breakdowns.Wave accounting software is simple, userfriendly, reliable and secure. Using Wave accounting software, you can easily manage your business cash flow and be ready for tax time. You can access your account anywhere, any time. All you need to do to get started is to set up an account, connect your bank account and keep track of your business transactions and cash flow.