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Wave

Wave

The best free financial software for small businesses.

Wave Overview

Wave is a financial suite designed for US freelancers, solopreneurs, and small businesses. It combines double-entry bookkeeping, invoicing, and receipt tracking, with optional paid add-ons for payments, payroll, and bookkeeping support—no monthly fee just to use the core finance tools.

More About Wave

Capabilities : 

  •  Invoicing & EstimatesCreate unlimited professional invoices with your branding, payment terms, taxes, discounts, and line items
  •  Accounting & BookkeepingDouble-entry system with a general ledger, journal transactions, trial balance, and chart of accounts
  •  Bank ConnectionsAuto-import and sync with thousands of U.S. banks (Pro only). Manual CSV uploads are available in the free plan
  • Payments by WaveAccept Visa, Mastercard, AmEx, and ACH. Get paid within 2 business days for credit cards
  •  ReceiptsUpload, scan, and auto-log receipts from mobile or desktop OCR (optical character recognition) converts to expense entries

Pros & Cons

Pros:

Truly free core accounting with unlimited access 

Robust free version with upgrade flexibility as needs grow.

Transparent, pay-as-you-go add-ons

No user/accountant number limitations for collaboration.

Can add custom products/rates quickly to new invoices.

Cons:

Add-ons for essential features can add up

No free account support—only via add-ons

Payroll is only in the US/Canada, and tax filing is limited to certain states

No live bank sync in the Starter plan

Software Trial

1-7 Days

Free Version

Yes

Licensing Type

Proprietary

Wave Starting Price

Free

Vendor Pricing Page

See Pricing

Wave Software Features

Accounts Payable Bank Reconciliation Budgeting and Forecasting Expense Tracking Financial Reporting Fixed Asset Management Fund Accounting Payroll Management Project Accounting Purchase Orders Tax Management Contingency Billing Customer Database Customizable Invoices Hourly Billing Mobile Payments Online Invoicing Online Payments Project Billing Tax Calculator Templates

Wave Specification

Starting Price

Free

Price Type

Free

Currency

USD ($)

Subscription

N/A

Deployment Type

  • Cloud Hosted

Supported Platforms

  • Web-Based
  • iPhone/iPad
  • Windows
  • Mac

Technical Support

  • Email

Training Resources

  • Documentation
  • Blogs
  • Help Guides
  • Videos

Software Demo & Screenshots

Wave Pricing

STARTER Plan

$0/Monthly

Features

  • Create unlimited estimates, invoices, bills, and bookkeeping records
  • Option to accept online payments
    2.9% + $0.60 per credit card transaction
    3.4% + $0.60 per Amex transaction
  • Invoice on-the-go with the mobile app
  • Manage cash flow and customers in one dashboard

PRO plan

$16/Monthly

Features

  • Option to accept online payments at a discounted rate
    2.9% + $0* per credit card transaction
    3.4% + $0* per Amex transaction
  • Auto-import bank transactions†
  • Auto-merge and categorize bank transactions
  • Digitally capture unlimited receipts and track expenses
Wave Pricing Screenshot

*The price might have been changed, check the current pricing on the vendor's website.

Wave Customers

Clients yet to be updated!

Top Competitors of Wave

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Xero Logo Xero 4 9 2 USD ($) 30 Days
Zoho Books Logo Zoho Books 4 51 0 USD ($) 14 Days
GTS Services Logo GTS Services 4 9 70 USD ($) No
Skynova Logo Skynova 3.6 4 22 USD ($) 21

Wave Reviews

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