Ranked 2 of 7 in best invoicing software
A free Starter plan with unlimited invoices and estimates, and online payments with a per-card fee. It has no time tracking, and payroll is a separate paid service.
Best for Freelancers who want free invoicing and books
About Wave
Wave offers unlimited invoices, estimates, bills and bookkeeping on its free Starter plan. Customers can pay by credit card or bank payment, and Wave charges a per-transaction fee on card payments. The Pro plan adds features such as receipt capture, expense tracking and automated late payment reminders.
Wave suits freelancers and very small businesses that need invoicing and basic books without paying for software. It is lighter than larger accounting systems and does not track inventory. Its payroll service is a separate paid product, and it also has an Advisors program for accountants.
Key features
- Unlimited invoices on Starter
- Online card and bank payments
- Receipt capture on Pro
- Late payment reminders
- Payroll service
Strengths
- Free Starter plan with unlimited invoices
- Receipt capture and expense tracking on Pro
Limits
- Card payments carry a per-transaction fee
- Payroll is a separate paid service
Where Wave ranks
| List | Rank | Score | Best for |
|---|---|---|---|
| Best Invoicing software | 2 of 7 | 90.0 | Freelancers who want free invoicing and books |
| Best Accounting software | 3 of 6 | 88.5 | Freelancers and very small businesses on a budget |
Alternatives to Wave
All 10 alternatives
XeroCloud accounting for small businesses and their accountants
Zoho InvoiceAlso runs on iOS, Android, Windows.
Zoho BooksAlso runs on iOS, Android.
Invoice NinjaInvoicing, payments and time tracking for freelancers and small businesses
FreshBooksInvoicing and accounting for freelancers and small service businesses
HarvestAlso runs on Windows, macOS, iOS.
Questions about Wave
- Is Wave free?
- Wave can be used without paying: Free Starter plan; paid Pro plan and card payment fees. Check the vendor’s pricing page for current limits.
- Is Wave open source?
- No. Wave is proprietary software; its source code is not public.
- Which platforms does Wave support?
- Wave is available on: Web.
- What is Wave best for?
- Freelancers who want free invoicing and books. In our ranking of invoicing software it is number 2 of 7 with a score of 90.0.
- What are the best alternatives to Wave?
- The highest-ranked alternatives on listme.name are Xero, Zoho Invoice, Zoho Books, Invoice Ninja.