Zoho Books
Solo $15 · Team-5 $20/mo
G2 4.4 (330)
Full accounting with invoicing, automation and a free plan for tiny businesses.
Free plan
Free trial
Wave
Free invoicing and bookkeeping for North American small businesses.
Free plan
Own Wave? or
Facts verified Nov 2026. Spotted a mistake?
What you'd pay
verified Nov 2026Solo
$15.83/mo
Team of 5
$15.83/mo
Flat
PlanMonthlyAnnual, per monthUnitIncluded
StarterMonthly: $0Annual, per month: —per business
- · Unlimited invoices and estimates
- · Card payments 2.9% + $0.60
ProMonthly: $19Annual, per month: $15.83per business
- · Automatic bank imports
- · Card fees 2.9% + $0 on first 10/mo
Wave Advisors bookkeepingMonthly: $149Annual, per month: —per business
- · Bookkeeping service add-on
External ratings
verified Nov 2026Our scores
Value5/5
Ease of use5/5
Depth3/5
Support2/5
Reporting 3/5Automation 3/5
What it is
Wave offers free unlimited invoicing, estimates and double-entry bookkeeping, with a Pro plan that adds automatic bank imports, receipt scanning and cheaper card processing. It is aimed at US and Canadian freelancers and small businesses, with paid payroll and bookkeeping-service add-ons. Payments, payroll and bank features are built for the US and Canada only, and users report occasional payout holds on Wave Payments.
Standout capability
Unlimited invoicing and bookkeeping on a genuinely free plan.
Best for
US and Canadian freelancersVery small businesses on tight budgetsOwners doing their own bookkeeping
- Unlimited invoices and estimates
- Recurring invoices and auto-reminders
- Double-entry bookkeeping and reports
- Card, bank and Apple Pay payments
Community sentiment
What people praise
Owners like that the core invoicing and bookkeeping is genuinely free and simple enough to run without an accountant.
What people complain about
Recurring complaints concern Wave Payments payout holds and frozen accounts with slow, hard-to-reach support, and reports are fairly basic.
Geo & compliance
- Local-currency pricing
- Yes
- Regional pricing
- Canada: Pro billed in CAD (shown on Canadian pricing page)
- EU data hosting
- No
- DPA available
- No
What we like
- Free plan covers core invoicing
- Pro is flat price per business
- Very easy to learn
Worth knowing
- Payments and payroll only US/Canada
- Reports less flexible than rivals
- Support complaints about payout holds
Alternatives to consider
FreshBooks
$19/mo
Invoicing built for people who bill by the hour
Free trial
QuickBooks
$30/mo
Pick
The accounting software your accountant expects
Free trial
Invoice Ninja
Solo $11.67 · Team-5 $26.67/mo
G2 4.3 (22)
Open-source invoicing, quotes and payments, hosted or self-hosted.
Free plan
Ready to try Wave?
Own Wave? or
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