Accounting · Head to head
Wave vs Odoo Accounting: which is better?
Short answer
Wave costs less in the first year ($228 vs $1,866). Pick Wave for free invoicing for freelancers; pick Odoo Accounting for accounting inside a full ERP suite.
| Fact | Wave | Odoo Accounting | Edge |
|---|---|---|---|
| Best for | Free invoicing for freelancers | Accounting inside a full ERP suite | — |
| Free plan | Yes, Starter: unlimited invoices | Yes, One app, unlimited users | Tie |
| Entry plan | Pro: $19 / mo | Standard: $31.10 / seat / mo | — |
| Mid plan | Pro: $19 / mo | Custom: $61 / seat / mo | — |
| Top plan | Pro: $19 / mo | Custom: $61 / seat / mo | — |
| 1st year | $228 | $1,866 | Wave |
| Platforms | Web, iOS, Android | Web, iOS, Android | Tie |
Edge = the better published number or limit; we do not test the tools hands-on.
Which has the better free plan, Wave or Odoo Accounting?
Neither stands out: Wave: Yes, Starter: unlimited invoices; Odoo Accounting: Yes, One app, unlimited users.
Should you pick Wave or Odoo Accounting?
Pick Wave if
- you want free invoicing for freelancers
- the free plan is enough (Starter: unlimited invoices)
Pick Odoo Accounting if
- you want accounting inside a full ERP suite
- the free plan is enough (One app, unlimited users)
Sources
| Vendor page | URL | Checked |
|---|---|---|
| Wave pricing | waveapps.com/pricing | 27 Oct 2026 |
| Odoo Accounting pricing | odoo.com/pricing | 27 Oct 2026 |
Prices in USD as published by each vendor, billed yearly where offered. How we compare