Wave

Small-business accounting software with invoicing, bookkeeping, payment acceptance, receipt tools, and optional payroll services.

Last reviewed: 2026-07-21

Wave website screenshot — Website screenshot captured 2026-07-21. Visit the vendor website to confirm current product details, pricing, and availability.

Overview

Small-business accounting software with invoicing, bookkeeping, payment acceptance, receipt tools, and optional payroll services.

Best for

US and Canadian sole proprietors and very small businesses that want a free bookkeeping starting point.

Not ideal for

Growing inventory-led merchants that need sophisticated ecommerce reconciliation, purchasing, or multi-entity reporting.

Key features

Bookkeeping

Invoicing

Online payments

Receipt capture

Payroll options

Integrations

Confirm current integration depth with the vendor before buying. Listed integrations are a starting point for research, not a complete implementation guarantee.

Wave PaymentsBank connectionsPayPal via importsZapierPayroll services

Pricing summary

Wave offers a free Starter plan and a paid Pro plan. Payment processing, payroll, advisory help, and other optional services have separate fees.

Free trial

Unknown

Free plan

Yes

Pros and cons

Pros

Free accounting entry point
Simple invoicing and bookkeeping
Built for very small businesses

Cons

Country availability is limited
Ecommerce data often needs manual work or connectors
Inventory depth is limited

Alternatives

QuickBooks OnlineCloud accounting software used by small businesses for bookkeeping, expenses, invoicing, reporting, and accountant collaboration.XeroCloud accounting platform for small businesses with bookkeeping, reconciliation, reporting, invoicing, and advisor collaboration.A2XEcommerce accounting automation that converts store and marketplace payout data into summarized entries for reconciliation in a connected general ledger.Zoho BooksCloud accounting suite for banking, reconciliation, invoicing, payables, purchasing, inventory, tax workflows, and financial reporting.FreshBooksCloud accounting and invoicing software for tracking income, expenses, projects, time, payments, and basic financial reporting.Sage 50 AccountingDesktop accounting software with cloud-connected access for invoicing, cash flow, inventory, job costing, and financial controls.NetSuite Financial ManagementEnterprise cloud financial management within NetSuite for general ledger, close, consolidation, revenue, billing, and multi-entity operations.Odoo AccountingAccounting application within Odoo's business suite for invoicing, bank synchronization, reconciliation, expenses, taxes, and reporting.SynderEcommerce accounting automation software for synchronizing sales, fees, taxes, refunds, and payouts into accounting systems.