Free accounting and invoicing software for small businesses and freelancers with optional paid payroll and payments.
Pricing Plans
Free
Pro
Pricing model: monthly
Pros & Cons
Pros
- Core accounting and invoicing completely free
- Unlimited income and expense tracking
- Receipt scanning with OCR included
- Simple enough for non-accountants
Cons
- Payroll and payments are paid add-ons
- No inventory or project tracking
- Limited integrations compared to competitors
Wave Alternatives
QuickBooks Online
Small business accounting software for invoicing, expense tracking, tax preparation, and financial reporting.
$30+
Xero
Cloud accounting software popular with small businesses and accountants outside the US.
$15+
Deel
Global payroll and compliance platform for hiring international contractors and full-time employees in 150+ countries.
Free / $49+
Harvest
Time tracking and invoicing tool for professional services teams with budget tracking and expense management.
Free / $10.8+
Gusto
Payroll, benefits, and HR platform for small businesses with automatic tax filings and employee self-service.
$40+
Rippling
Unified workforce platform combining HR, IT, and Finance with device management, payroll, and benefits in one system.
$8+Frequently Asked Questions
What is Wave?
Free accounting and invoicing software for small businesses and freelancers with optional paid payroll and payments.
How much does Wave cost?
Wave offers a free plan. Paid plans start at Pro: $16/mo.
What are the best alternatives to Wave?
The best alternatives to Wave include QuickBooks Online, Xero, Deel, Harvest. Each offers similar functionality with different strengths in features, pricing, and ease of use.
Is Wave free?
Yes, Wave offers a free plan with limited features. Premium plans are available for users who need more advanced functionality.
What is Wave best for?
Wave is best for Freelancers, Solopreneurs, Micro Businesses, Side Hustlers. It is designed to serve these audiences with specialized features and workflows.