Accounting · Ranked 3 of 8 in Best accounting apps
What is Wave?
Short answer
Wave is a accounting app from Wave, best for free invoicing for freelancers. It has a free plan (Starter: unlimited invoices); paid plans start at $19 / mo.
| Fact | Wave | Accounting median (7 tools) |
|---|---|---|
| Free plan | Yes, Starter: unlimited invoices | 4 of 8 have one |
| Entry price | $19 / mo | $23 / mo |
| Top plan | $19 / mo | $30 / mo |
| 1st year | $228 | $276 |
| Paid plans | 1 | 3 |
| Platforms | Web, iOS, Android | — |
What does Wave do?
Wave covers these jobs, as listed on Wave's pricing and feature pages.
- Unlimited invoices and bookkeeping records
- Mobile invoicing app
- Auto-import bank transactions on Pro
- Receipt capture on Pro
- Late payment reminders on Pro
How much does Wave cost?
Free, then $19 / mo to $19 / mo.
| Plan | Price | Billed monthly | Includes |
|---|---|---|---|
| Starter | Free | Free | — |
| Pro | $19 / mo | $19 / mo | Annual option $190 USD/year; promo $9.50 for first 3 months |
What are the best Wave alternatives?
Closest on first-year cost: FreshBooks, Xero, FreeAgent.
| Alternative | Free plan | From |
|---|---|---|
| FreshBooks | No | $23 / mo |
| Xero | No | $27 / mo |
| FreeAgent | No | $27 / mo |
Is Wave better than Zoho Books?
Wave is best for free invoicing for freelancers; Zoho Books for free tier for micro businesses. First year: $228 vs $120.
Sources
| Vendor page | URL | Checked |
|---|---|---|
| Wave pricing | waveapps.com/pricing | 27 Oct 2026 |
Prices in USD as published by each vendor, billed yearly where offered. How we compare