About Wave
Wave’s free plan is not a trial: unlimited invoicing, accounting, and receipts at zero cost, monetized through payment processing and payroll. The 2024-era Pro plan adds automated reminders and discounted rates. It suits US and Canadian micro-businesses beautifully; growth beyond a few employees or into inventory eventually demands migration.
Key Features
- Free double-entry accounting
- Unlimited invoicing
- Receipt capture
- Online payments (per-transaction)
- Payroll add-on
Pros & Cons
Pros
- Truly free core accounting
- Unlimited invoices and estimates
- Simple, friendly interface
- Optional paid extras only when needed
Cons
- US and Canada only
- No inventory management
- Limited integrations and support
Frequently Asked Questions
Is Wave really free?
Yes. It earns money on card processing and payroll, not the software.
When do businesses outgrow Wave?
Around inventory needs, multiple employees, or non-North-American operations.
Reviews
Similar Software
Best For
Freelancers and micro-businesses that refuse to pay for accounting.
Client Reviews
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