stackswitch

Wave

Free accounting and invoicing for small businesses

Free
Starting price
4.4/5
G2 rating
3
Pricing plans
2009
Founded

Wave is a free accounting, invoicing, and payments platform for freelancers and small businesses. It offers unlimited invoicing, expense tracking, and double-entry accounting at no cost — making it a popular alternative to QuickBooks for budget-conscious business owners.

Key features

InvoicingAccountingExpense trackingBank reconciliationPayment processingPayroll (add-on)Receipt scanning

Pros

  • Core features are free
  • No limits on invoices or clients
  • Easy to use
  • Good for freelancers

Cons

  • Payment processing fees
  • Less powerful than QuickBooks
  • US & Canada focused
  • Limited integrations

Top Wave alternatives

QuickBooks Accounting software for small and medium businesses
$17.5 Compare →
FreshBooks Invoicing and accounting for freelancers and small businesses
Xero Beautiful accounting software for small business
See all Wave alternatives →