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Free accounting, invoicing, and receipt scanning for small businesses

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Reviews onG2CapterraSourceForge
72 reviews tracked

The Bottom Line

Entry price

Free plan available, paid tiers above

Biggest pro

Core features free

Biggest con

Limited features

TL;DR - Wave

  • Wave is free accounting software for small businesses
  • It provides invoicing, accounting, and receipt scanning at no cost
  • Free for core features, paid payroll add-on
Pricing: Free plan available
Best for: Growing teams
4.5/5 across review platforms

What is Wave?

Editorial review
Wave is free accounting software for small businesses and freelancers. Invoicing, accounting, and receipt scanning at no cost. Banking connections categorize transactions automatically. Payroll available as paid add-on. Reports track business health. Real accounting software that's actually free.

Available on: Web, iOS, Android

Pros & Cons

Pros

  • Core features free
  • Easy to use
  • Good for startups

Cons

  • Limited features
  • No inventory management

Ratings Across the Web

4.5(72 reviews)

Ratings aggregated from independent review platforms. Learn more

Key Features

Free accountingInvoicingReceipt scanningPayrollPayment processingFinancial reports

Pricing Plans

Starter

Free

  • Basic accounting
  • Unlimited invoices
  • Unlimited bookkeeping
  • Bank connections (limited)

Pro

$16/month

  • All Starter features
  • Auto transaction import
  • Priority support
  • $170/year if annual

Payroll Add-on

$20/month

  • Self Service States: $20/mo
  • Tax Service States: $40/mo
  • +$6 per active employee

How Wave's pricing compares

At $16/mo, Wave is mid-range of its 4 direct competitors ($10 to $189/mo across the set).

Entry paid plan, monthly.

Reviews

4.5/5

Across 72 verified user reviews on Capterra, G2, SourceForge

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Wave FAQ

Is Wave really free?

Yes, accounting and invoicing are free. Payroll and payments have per-transaction fees.

Source: waveapps.com

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