Wave

Free accounting and invoicing for the self-employed.

4.31,700 reviewsG24.3/5Capterra4.4/5
Visit Wave → Updated July 2026
Accounting
Starting price
Free
Free plan
Yes
Free trial
No
G2 score
4.3/5
Capterra score
4.4/5

Overview

Wave's core promise is radical for the category: real double-entry accounting and unlimited invoicing for exactly zero dollars, funded by payment processing and payroll fees. For freelancers and side businesses with simple books, it covers surprisingly much. The boundaries are clear — US/Canada only, basic reporting, no inventory, and support prioritizes paying users — but as a starting point it is unbeatable on price.

Who it’s best for

FreelancersStartups

Key features

  • Invoicing
  • Accounting
  • Receipts
  • Payments

Wave pricing

Wave offers a free plan.

Pros and cons

Pros

  • Free core features
  • Simple
  • Good for freelancers

Cons

  • Paid payments/payroll
  • Limited scaling

Top Wave alternatives

See all Wave alternatives →

Frequently asked questions

How much does Wave cost?

Wave offers a free plan.

Is Wave any good?

Wave holds a 4.3/5 rating across 1,700 reviews. Users highlight its free core features.

What are the best Wave alternatives?

Top alternatives include Xero, FreshBooks, QuickBooks Online. Xero is the highest rated at 4.4/5.