Wave
Free and affordable accounting software for small businesses with invoicing, payments, payroll, and bookkeeping tools.
About Wave
Wave is small business software for bookkeeping, invoicing, payments, and payroll, trusted by over 300,000 businesses. Launched in 2010, it's web based with a mobile app for on the go management. Plans include free Starter and paid Pro, with add-ons for receipts, payroll, and advisors. It focuses on non accountants, offering secure data with SSL encryption. Wave provides expert coaching and hands off bookkeeping through Wave Advisors.
Key Features
- Invoicing: Create professional invoices, estimates, and recurring billing.
- Payments: Accept credit cards, bank transfers, Apple Pay.
- Bookkeeping: Auto import transactions, categorize, and generate reports.
- Receipt Capture: Digitally scan unlimited receipts with OCR.
- Payroll: Process payments, handle taxes and compliance.
- Mobile App: Manage on iOS/Android devices.
Pricing
Starter: $0/mo — Basic invoicing, estimates, bookkeeping; online payments add-on at 2.9% + $0.60 per credit card transaction.
Pro: $19/mo (USD) or $25/mo (CAD) per business — Adds discounted payments (first 10 transactions lower fees), auto import/categorize transactions, unlimited receipts (with add-on), late reminders, no branding.
Wave Advisors: Starting at $199/mo — Includes Pro + dedicated bookkeeper, monthly statements, expert support.
Add-ons: Receipts ($8–$11/mo), Payroll (from $25–$40/mo), Online Payments (tiered fees). Cancel anytime; taxes extra.
Pricing last updated: February 22, 2026 at 9:59 AM
Use Cases
- Send invoices and accept payments for freelancers.
- Track expenses and bookkeeping for solopreneurs.
- Run payroll for small teams.
- Get expert bookkeeping support.
Pros & Cons
Pros:
- Free Starter plan for basics.
- Easy to use for non accountants.
- Secure with SSL encryption.
Cons:
- Additional fees for payments and add-ons.
- Limited support hours.
Integrations
Third-party integrations
FAQ
Last edited
February 22, 2026 at 9:59 AM by Venkatraman
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