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Home/Tools/Accounting & Finance/Wave
๐ŸŒŠ

Wave

FREE PLANPOPULAR
By Elena Kowalski, Security & Enterprise EditorยทUpdated April 24, 2026ยท7 min read

Free accounting, invoicing, and receipt scanning for small businesses.

โ˜…โ˜…โ˜…โ˜…โ˜…4.4
2M+ usersFounded 2010
78
hiltonsoftware.co Score
Try Wave Free โ†’

Wave is a accounting & finance platform founded in 2010 with a hiltonsoftware Score of 78/100. Wave pricing starts at $8/mo (payroll)/month with a free plan available. Wave serves 2M+ users and competes with QuickBooks Online, Xero, and FreshBooks in the accounting & finance market. Key Wave features include Free invoicing, Free accounting, and Receipt scanning. hiltonsoftware.co rates Wave 4.4/5 based on user ratings (40%), feature depth (25%), value for money (20%), market presence (10%), and growth trajectory (5%).

Score Breakdown

Ease of Use
83
Features
77
Value for Money
72
Customer Support
70
Integrations
67

What are the pros and cons of Wave?

โœ“Core features are free
โœ“Very easy to use
โœ—Payroll and payments cost extra
โœ—Limited advanced reporting

Key Features

โœ“Free invoicing
โœ“Free accounting
โœ“Receipt scanning
โœ“Payroll add-on

Best For

Freelancers and tiny businesses needing free invoicing and bookkeeping.

How much does Wave cost in 2026?

Free
For individuals
$0
Pro
For small teams
$8/mo (payroll)
Business
For companies
Custom
Enterprise
Advanced controls
Custom

Quick Info

CompanyWave Financial Inc. (H&R Block)
HQToronto, Canada
Founded2010
Users2M+
CategoryAccounting & Finance

Quick Links

Wave Alternatives
Wave vs QuickBooks Online
Wave vs Xero
Wave vs FreshBooks
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Reviewed by Elena Kowalski, Security & Enterprise Editor. Last updated: March 2026. Pricing verified. Methodology