Wave Pricing Plan & Cost Guide

Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

4.34/5 (632 reviews)

Wave Pricing

Pricing model: Free

Accounting & Invoicing - Free
Receipt Management - Free
Credit card processing - $0.30 + 2.9% per transaction
Bank payment/ACH processing - 1% per transaction ($1 minimum fee)

Competitors Pricing

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Free Trial: Available (No Credit Card required)

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Pricing model: Subscription

The Mortgage Office

Pricing model: One Time License

AccuFund for Nonprofits

Pricing model: Subscription

Simplicity

Starting from: $59.00/month
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Pricing Comparison

How does Wave compare with other Finance & Accounting apps?

Subscription plan?

Wave



99% of apps offer a
subscription plan

Free trial?

Wave



84% of apps have a
free trial

Free plan?

Wave



19% of apps have a
free plan

Pricing Comparison

Finance & Accounting app prices shown are $/month

Please note: For comparison purposes the price for Wave has been scaled monthly. Actual price is $/per year




Wave Pricing Reviews

Pros
  • Quality software yet cheap.
  • Pricing is great! So are the features!
  • Low cost nice interfaces. Stripe integration
  • Ease of use and pricing is excellent. Add ons available as needed.
Cons
  • No check printing. No automatic migration from Quickbooks.
  • Doesn't have time tracking built into invoices Still growing
  • Can be a bit buggy when making lots of changes o the transactions page.
  • Can not import complete history from QuickBooks so switching is not easy.
95%
recommended this to a friend or a colleague

25 reviewers had the following to say about Wave's pricing:

Kevin Burke

Great Product but No QB Import

Used daily for free trial
Reviewed 2018-12-11
Review Source: Capterra

Simple Accounting software that would fit most small business. Cheaper and easier to use the QB OnlineEase of use and pricing is excellent. Add ons available as needed.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Luke Docksteader

Great accounting software for small businesses

Used daily for 1-2 years
Reviewed 2016-12-14
Review Source: Capterra

I've been using Wave for a little over a year now and really like it! It's a very well designed system that meets the vast majority of my needs of my small business.Quality software yet cheap.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

john hundrieser

2 years as primary user

Used weekly for 2+ years
Reviewed 2017-11-07
Review Source: Capterra

It saves me from very expensive, bloated, terrible accounting software.Price (free!), Bank integrations, simple interfaces that cover all the basic necessities of running a company.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Nick Engen

Great free option

Used daily for less than 6 months
Reviewed 2018-10-25
Review Source: Software Advice

Great option for small businesses who can't yet justify more expensive software- Price (free) - Easy user interface - Convenient report functions - Open API integrations for automated bank feeds

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Mary C.

Excellent app, by far the best all-in-one affordable solution

Reviewed 2013-08-01
Review Source: GetApp

I've been using Wave for 2 years now, granted there was a hiccup last December, their customer support was more than responsive in solving the issues. All in all, this is by far the best sort of all in one solution I've found for accounting, invoicing, receipts, and payroll. All the core functions are completely free no limits, and the payroll is reliable and affordable (something like $4/employee + a $5 monthly fee). Some invoicing features are missing you can find in invoice specific applications, though the integration with my accounting makes up for it. I can even accept credit cards right on the invoice itself.Free and unlimited accounting/invoicing Integrated products make accounting easy Cheap payroll for basic needs Payroll mobile app is awesome

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Anonymous

A great FREE solution for all my needs

Used weekly for 2+ years
Reviewed 2018-07-26
Review Source: Capterra

The price is hard to beat :) But I also really like the design. This doesn't feel like cheap software, nor does it feel out and outdated. It's easy to use! I love using it to send invoices to my clients which are easy to accept payment and also look great!

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Erica Sutton

Wave apps

Used other for 2+ years
Reviewed 2018-10-04
Review Source: Software Advice

I love that this is an awesome product with great great affordability! It’s really better than its pricing!

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Sherri Stotler

Great option for those on a shoestring budget!

Used monthly for 2+ years
Reviewed 2018-10-08
Review Source: Capterra

I've been happy with it so far. Sometimes my accounts don't sync properly or they get disconnected, so I have to go back in and connect them.The price for the overall functionality. It may not be the most robust, but it's the most affordable option out there.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Anonymous

For a free accounting app, I've been very impressed!

Used weekly for 2+ years
Reviewed 2018-02-01
Review Source: Capterra

I'm able to manage all of my accounting and share it with my CPA for free.I like that it's a free tool and that it performs well. I can get many of the core features I need without an expensive price tag.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Jay Wasack

Serious Accounting Replacement for Quickbooks?

Reviewed 2015-03-20
Review Source: GetApp

What business doesn't write checks? Printing checks is not an option with Wave.Low cost nice interfaces. Stripe integration

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Carlos Santiago

Excelent online program to maintaine payroll and clients.

Used daily for 1-2 years
Reviewed 2018-06-21
Review Source: Capterra

lOW COST APLICATION AND EASY TI USE.Easy use and understanding of the program. Online ready and many can use the program at once. Can create estimates and invioces.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Stephanie Nowlin

It's Free!

Reviewed 2016-11-30
Review Source: Capterra

This web-based accounting platform is actually pretty good!! I use it for managing the accounting on a separate side business I have. Not as pretty as Quickbooks, but has almost all same the invoicing and bank integration features... all at the low low price of FREE!

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Joshua Bollman

I used Wave for years. It is wonderful, beautiful, and affordable.

Used other for 2+ years
Reviewed 2018-07-05
Review Source: Capterra

I get paid. It's reliable and affordable. I have helped others get started with Wave as well. They love it.Price. Free is good; especially if you are a freelancer. There weren't hidden catches with the software. The paid features were clearly marked, and if you didn't need them, nothing stopped you from getting paid.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Mary Spieth

Accounting Simplified

Used monthly for 6-12 months
Reviewed 2018-07-02
Review Source: Software Advice

It's free, so that's absolutely a plus. There are many features that are great to have included in a product so cheap.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Gregg Brekke

Free accounting with added features and mobile tools

Used weekly for 1-2 years
Reviewed 2018-11-27
Review Source: Capterra

Really powerful accounting software with automated tools for transaction importing, electronic payment processing and mobile tools for expense entry and invoice creation. Excellent for the price, knowing the service fees for payments and payroll offset the "free" price tag is more than worth it compared to the competition.Wave allows me to keep track of finances for multiple enterprises - self-employment business, a non-profit, and personal finances. Each account was set up using the Wave wizard and very few changes have been made to the overall function beyond that. The non-profit I manage has a series of account codes that were easily added and applied to transactions. I use multiple income streams for my business and they are all imported automatically. Wave charges for things like payroll administration, credit card processing and bank transfers - all at industry standard rates - and that's how they keep the base platform free. The mobile expense app helps me keep track of receipts and does a really excellent job of deciphering receipts, even in multiple languages and currencies! The mobile invoice app is great for sending quick invoices or following up with clients on payment. Also allows viewing and reporting for authorized agents who can't change any data - a needed feature for the separation of financial powers required with most non-profit setups. My accountant can take a peek too.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Tyler Heaps

Great invoicing software for small businesses

Used monthly for 2+ years
Reviewed 2018-07-10
Review Source: Software Advice

This is the best invoicing software I have used in my 5 years as a consultant. It's much easier to use than QuickBooks and far cheaper as well. Easily create customized invoices Easily create recurring invoices Manage small business accounts and balances

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Emily M

Wave Review

Used monthly for less than 6 months
Reviewed 2018-12-04
Review Source: Capterra

All in all if you are just starting out and need something basic and cheap this product will work. I would recommend it only for basic accounting features. The software is very user friendly for basic accounting and bookkeeping functions. It helps someone with minimal accounting background to be able to organize the basic daily operations of their business

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Dawn Slusher

Was Just to used to competitor

Used other for free trial
Reviewed 2018-01-21
Review Source: Software Advice

it was cheap and easy to use but since I was used to another software the muscle memory I needed was not there to stay productive in the office.This software was actually pretty easy to use I was just used to a competitors software so I quit learning this one.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Brent Randall

Free and good, but not great

Used weekly for 2+ years
Reviewed 2019-01-01
Review Source: Capterra

I enjoyed it to an extent because it was free. The fact that it is offered for free is a huge plus, and nothing else free seems to come close. Unfortunately, I found that other apps that cost a few bucks per month gave me everything I wanted and a better interface, plus better invoicing features, better reports, etc. Still, free is free, and I can't argue with the value! It's worth it if you are trying to cut costs. The price is definitely the biggest "selling" point. Being free, Wave allows people to have access to a somewhat-full-featured accounting app without having to spend a lot. And it has mostly everything that one would need for simple business accounting.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Chris Frary

OK, if you can live with some very big limitations

Used daily for 6-12 months
Reviewed 2017-07-21
Review Source: Capterra

Having used quickbooks previously I thought this was a great way to save some money on a new business adventure. I quickly learned that this is not a place where you want to skimp out on features, and ended up paying more in my time. If you you have more time on your hands and you can put in the time then this software will probably work well for you. If you have multiple businesses and another job, forget it, it isn't worth the hassle.Full Disclosure - Used this software 2 years ago. Free and allowed us to sync with our bank accounts. Payroll wasn't included but was a cheap additional.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Dan Hollis

What a great app

Used weekly for 2+ years
Reviewed 2018-11-27
Review Source: Capterra

This is a really great platform for invoicing and collecting. The mobile functionality is super. I love hearing my phone ding when a cleint pays me. I really do. Overall, a very good app, at a great price. Yes, I know there's an imbedded cost in the collection feature, but overall, worth the price.I have an accounting background and have used a lot of software for billing and collection. This one is simple, clean and neat. My invoices are easy to prepare and send. The collection function provides a couple of different options that allow me to minimize collection cost. It's easy, intuitive and allows me to set it and forget it with recurring invoicing.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Anonymous

It gets the job done!

Used monthly for 6-12 months
Reviewed 2018-10-23
Review Source: Capterra

I'm able to utilize most features for free or very cheap which is a godsend for my small business! It offers basic accounting functionality and reporting for free.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Kristy Nguyen

Great web based accounting software

Used daily for less than 6 months
Reviewed 2018-06-29
Review Source: Capterra

The interface is really easy to use and easy to follow. Can import transactions and link accounts. Relatively low in cost.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Melissa Whaley

The Best Cloud Accounting I've found

Reviewed 2014-11-21
Review Source: Capterra

I am a professional bookkeeper and I love Wave. I started using it about 5 years ago because I was tired of buying the "cheap" version of Quickbooks online to keep track of my husband's tutoring income. Wave is so easy and user friendly, the integrations make bookkeeping so much easier, and you can't beat the Free price! I've worked in other Cloud based accounting programs, as a professional I've tried to test drive as many programs as possible, but paid and free. Overtime I try something new I always come back to Wave. It has the absolute best cost value of any program out there. Also it is not just for tracking income and expenses, it is a full accounting program that allows you to track assets and liabilities, do journal entries, and produce balance sheets in addition to your standard Profit & Loss reports. For a Sole Proprietor or independent contractor this is the best, and will the addition of Payroll and credit card processing it is an asset to any Small Business owner.

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management

Paul Hutchinson

Pretty dang amazing but no mobile/Android app!

Used daily for 6-12 months
Reviewed 2016-10-08
Review Source: GetApp

It's quick and easy to get started and contains lots of features. The downsides are more on the learning curve for someone who doesn't understand accounting. As it is for small companies I think it is safe to assume people don't know all the lingo, lots more mouse over tooltips would go a long way for me.Pricing is great! So are the features!

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Wave

All-in-one accounting, invoicing, payroll, payments & receipt management