Key Takeaways

Written by the SkillEngine team

Wave offers free invoicing and basic accounting, which is great for freelancers on a tight budget. Some features and payments cost extra, and availability is focused on the US and Canada.

Our Verdict

Wave is a good starting point for freelancers and micro businesses in North America. Businesses with more complex needs or outside the US and Canada may need another tool.

What is Wave?

Wave is known for its free starter tools for small businesses. You can create and send unlimited invoices, estimates and receipts, and track income and expenses in a simple accounting system.

Online card and bank payments, automatic reminders and recurring invoices are available, with payment processing charged per transaction. Wave mainly serves businesses in the United States and Canada.

DeveloperWave Financial
Best forFreelancers and very small businesses
PlatformsWeb, iOS, Android
Free plan / trialFree plan available
CategoryAccounting Software / Billing and Invoice Software
SkillEngine Score4.3 / 5

Key Features

Unlimited invoicesSend as many invoices and estimates as you need.
Online paymentsAccept card and bank payments on invoices.
Recurring invoicesAutomate repeat billing.
Payment remindersAutomatic reminders for late payers.
Basic accountingTrack income, expenses and reports.
ReceiptsCapture receipts and keep records.

Benefits

  • Low cost to get started
  • Simple and beginner friendly
  • Invoices linked to basic bookkeeping
  • Faster payments with online checkout

Pricing

Wave offers a free starter plan with paid upgrades. Online payments and payroll are charged separately. Check Wave for the latest plans in your country.

Prices change often. Check the official Wave website for current plans.

FAQs

Is Wave invoicing free?

Wave offers free invoicing on its starter plan. Online payment processing has transaction fees.

Can I use Wave outside the US and Canada?

Wave is mainly built for businesses in the US and Canada, and some features may not be available elsewhere.

Wave Alternatives

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