Wave Review
Accounting Software
Wave is a free accounting and invoicing platform designed for small businesses, freelancers, and solopreneurs. It offers genuinely free accounting, invoicing, and receipt scanning with no subscription fee. Wave makes money through payment processing and payroll add-ons. It is one of the best free accounting tools available for very small businesses with simple needs.
Pros
- ✓Genuinely free accounting and invoicing — no subscription required
- ✓Clean and easy to use interface
- ✓Good enough for most very small businesses and freelancers
- ✓Receipt scanning and bank connections included free
Cons
- ✗Limited features compared to paid alternatives
- ✗Customer support is minimal on the free plan
- ✗Not suitable for growing businesses with complex needs
- ✗Payroll and payment processing add-ons can add up in cost
Best For
Solopreneurs and very small businesses wanting free accounting and invoicing software
Key Features
- ✓Free accounting
- ✓invoicing
- ✓receipt scanning
- ✓bank connections
- ✓financial reporting
- ✓payments processing
- ✓payroll add-on
- ✓mobile app
Compare Wave with alternatives
Wave vs CountingupWave vs DigitsWave vs Lendio BookkeepingWave vs MelioWave vs XeroWave vs FreshBooksWave vs Sage AccountingWave vs Zoho BooksWave vs NetSuiteWave vs BenchWave vs FreeAgentWave vs KashooWave vs ClearbooksWave vs Odoo AccountingWave vs PilotWave vs QuickenWave vs Sage IntacctWave vs DextWave vs QuickBooks